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by parent5446
3188 days ago
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Where did I say that they misrepresented their production numbers, or committed securities fraud? In any case it's not paranoia. No matter what the law is, a press release is a first-party source. It is inherently biased toward the company. By no means should it be compared to an independent source, such as a report from an auditor or independent regulators. |
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If they did so, that would be securities fraud, by definition. What about their projections, which were publicly stated and published in the past, or their actual production, which was publicly stated in the article (both of which are subject to SEC regulation review and legal recourse) are inherently biased toward the company?