A Cautionary Tale for Executives: Clever Omissions Can Equal Fraud
By EsqSocial Corporation 03/02/21
An appellate court upheld a judgment that clever omissions from statements made by a corporate officer constituted securities fraud. On January 22, 2021, the U.S. Court of Appeals for the First Circuit in Boston, Massachusetts upheld a jury’s fraud verdict against an executive in a securities case tried in the U.S. District Court for the District of Massachusetts....
By: Arnall Golden Gregory LLP