Although omission of material facts is the most frequent allegation in an anti-fraud case against an issuer, too much information may also trigger liability under the __________ doctrine.

Question

Quizplus · Accepted Answer

The "buried facts" doctrine suggests that providing an overwhelming amount of information can obscure important facts, effectively burying them amidst less relevant details, which can lead to liability similar to omitting material facts.

Although Omission of Material Facts Is the Most Frequent Allegation