Re:Equifax securities fraud class action [pdf]
by PaulHoule on Tuesday October 22, 2019 @10:19AM
(#21323841)
It's a recent trend that public corporations are being punished through securities fraud lawsuits since conventional regulators have been bought out.
Just about any managerial incompetence can be spun as "securities fraud" since the basic presumption of most companies is that management is competent. Maybe they'll give up on that in order to reduce their exposure to lawsuits.
Just about any managerial incompetence can be spun as "securities fraud" since the basic presumption of most companies is that management is competent. Maybe they'll give up on that in order to reduce their exposure to lawsuits.