The elements of a Rule 10b-5 cause of action require that a misstatement or omission be material. Which of the following statements or omissions would be considered material? Choose that ALLthat apply.
a. |
Statements concerning a company’s earnings |
|
b. |
An omission regarding the loss of a corporation’s major customer |
|
c. |
A statement of vague corporate optimism |
|
d. |
A statement of puffing regarding the company’s latest products. |
|
e. |
An omission regarding an impending tender offer |
a, b, c, d - These could be considered material because these factors can influence the decisions of the stakeholders.
e - This is not a material omission
The elements of a Rule 10b-5 cause of action require that a misstatement or omission be...
Caterpillar Inc. 2017 2016 5 S 51,822 2,900 54,722 42,676 2,786 45,462 35,773 2,764 38,537 STATEMENT 1 Consolidated Results of Operations for the Years Ended December 31 Dollar is willions cat pershare dal Sales and revenues Sales of Machinery, Energy & Transportation Revenues of Financial Products Total sales and revenues Operating costs Cost of goods sold Selling, general and administrative expenses Research and development expenses Interest expense of Financial Products Goodwill impairment charge Other operating incomel expenses Total operating costs...