IANAL also, but I would imagine that they would need to represent themselves accurately to their investors at the very least. Perhaps they could be telling their investors something different privately?
Yes, hedge funds send their LPs private "Investor Letters" with a lot more detail. Not sure who the public statement was meant for, but it might have been meant to discourage the public from taking opposing positions.
You wouldnt communicate to your LPs via CNBC or Twitter.
You wouldnt communicate to your LPs via CNBC or Twitter.