[jjani]

The "everything is securities fraud" meme is really unfortunate, not quite as bad as the "fiduciary duty means execs have to chase short-term profit" myth, but still harmful.

It's only because lying ("puffery") about everything has become the norm in corporate America that indeed, almost all listed companies commit securities fraud. If they'd go back to being honest businessmen, no more securities fraud. Just stop claiming things that aren't true. This is a very real option they could take. If they don't, then they're willingly and knowingly commiting securities fraud. But the meme makes it sound to people as if it's unavoidable, when it's anything but.