Disclosures that "Bespeak Caution"

Recently, many courts have embraced the "bespeaks caution" doctrine under the federal securities laws holding that when adequate cautionary language accompanies estimates or projections in a disclosure document those forward* looking disclosures are not actionable as securities fraud. In t...

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Veröffentlicht in:The Business lawyer 1994-02, Vol.49 (2), p.481-503
1. Verfasser: Langevoort, Donald C.
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description Recently, many courts have embraced the "bespeaks caution" doctrine under the federal securities laws holding that when adequate cautionary language accompanies estimates or projections in a disclosure document those forward* looking disclosures are not actionable as securities fraud. In this Article, Professor Langevoort analyzes the doctrine offering a critique and refinement.
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identifier ISSN: 0007-6899
ispartof The Business lawyer, 1994-02, Vol.49 (2), p.481-503
issn 0007-6899
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language eng
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source Jstor Complete Legacy; HeinOnline Law Journal Library; Periodicals Index Online
subjects Business structures
Disclosure
Disclosure (Securities law)
Federal court decisions
Federal district courts
Fraud
Investment advisers
Investors
Misrepresentation
Optimism
Plaintiffs
Securities fraud
Statistical forecasts
Stock offerings
United States Supreme Court doctrines
title Disclosures that "Bespeak Caution"
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