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No fraud by hindsight: Statements about the...

172:false:false:false:false:false:false:false:false:false:!494!637!842!1156!:false:-1:-1

Rule: a rule of law

Statements about the future do not become actionable misstatements under Rule 10b-5 merely because they later turned out to have been incorrect.

Contributed in 2008 & last edited in 2008 by David Gold

All (18) Cases (18) Statutes, Regs, Rules (0)

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A federal court of appeals has plenary review over the district court's interpretation of the applicable federal securities laws.

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