The Private Securities Litigation Reform Act of 1995, provides a(n) ________ from liability for publicly held issuers who make financial forecasts as long as the forecasts are accompanied by meaningful cautionary statements.

Question

Quizplus · Accepted Answer

The Private Securities Litigation Reform Act of 1995 includes a "safe harbor" provision. This provision offers protection from liability for companies that make forward-looking statements, as long as these statements are accompanied by meaningful cautionary language that warns investors about the risks involved.

The Private Securities Litigation Reform Act of 1995, Provides A(n)