James conducts public relations for a publicly held corporation that offered shares for trading on the New York Stock Exchange. He is obligated to file certain reports and to make public certain information that may affect investors' decisions. Which of the following is NOT an example of this type of "material information?"
A) Issuing a product recall on a dangerous product
B) Announcing quarterly sales and revenue
C) Launching a new marketing campaign
D) Hiring a new chief executive officer

Question

Quizplus · Accepted Answer

Material information typically includes any information that could influence an investor's decision to buy or sell the company's stock. This includes financial performance, executive changes, and product recalls due to their significant impact on the company's operations and reputation. A new marketing campaign, while potentially important, is generally not considered material information as it does not directly impact the company's financial condition or operational capacity in the same way the other options do.

James Conducts Public Relations for a Publicly Held Corporation That