Is "sustainability" material to the reasonable investor? Under the securities laws, publicly traded companies are required to disclose to their shareholders and the investing public "material" information about their company. In TSC Industries v. Northway, 426 U.S. 438 (1976), the U.S. Supreme Court defined "material information" as that which "presents a substantial likelihood that disclosure of the omitted fact would have been viewed by the ‘reasonable investor’ as significantly altering the ‘total mix’ of information made available."
To view this content, please continue to Lexis Advance®.
Not a Lexis Advance® Subscriber? Subscribe Now
LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.
ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.
For questions call 1-877-256-2472 or contact us at firstname.lastname@example.org