Liability for securities fraud under SEC Rule 10b-5 may be imposed because a company did not release information.

Name: Liability for securities fraud under SEC Rule 10b-5 may be imposed because a company did not release information.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

Companies have a duty to disclose material information to their shareholders and the public. Failure to do so may be considered securities fraud and result in liability under SEC Rule 10b-5.

Liability for Securities Fraud Under SEC Rule 10b-5 May Be