Comment by toomuchtodo
11 days ago
The SEC selectively enforcing the rule does not prohibit a shareholder suit against the company. "Everything Everywhere Is Securities Fraud" after all.
11 days ago
The SEC selectively enforcing the rule does not prohibit a shareholder suit against the company. "Everything Everywhere Is Securities Fraud" after all.
Additionally, while not specific to this SEC enforcement action, corporations also have to think long term, just because this administration is not enforcing laws, doesn't mean the next one can't reach back and do so, the laws are still on the books after all.