If an investor should have known about a particular fact that was available in the total mix of information, she cannot later claim that the undisclosed fact was a __________ omission.

Question

Quizplus · Accepted Answer

Material omissions are those that a reasonable investor would consider important in making an investment decision. If the information was available and the investor should have known about it, it cannot be claimed as a material omission later.

If an Investor Should Have Known About a Particular Fact