Silence is golden, and speech is silver, the old adage goes.
And judging from two recent federal court decisions in New York, false statements or half-truths are a far baser metal.
Silence is golden, and speech is silver, the old adage goes. Judging from two recent federal court decisions from New York, false statements or half-truths are a far baser metal. In the two unusual, if not unprecedented, securities fraud cases, the district courts ruled that a false statement from an officer of a corporate suitor can make that company liable to shareholders in the takeover target corporation.
April 26, 2000 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Silence is golden, and speech is silver, the old adage goes.
And judging from two recent federal court decisions in New York, false statements or half-truths are a far baser metal.
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