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by FabHK 2635 days ago
Matt Levine's excellent Bloomberg newsletter "Money Stuff" frequently comments on this - search for the phrase "Everything is securities fraud": many reprehensible things a company does are possibly not technically illegal per se (or it's hard to prove that they are), but they do constitute securities fraud, and that's easier to prove and prosecute.

https://duckduckgo.com/?q=money+stuff+matt+levine+%22everyth...