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Wednesday, July 03, 2019 10:51:33 PM
Times have changed. Today's version of "exaggerated optimism and puffery" has been toned down quite a bit. But just the tone of it, not the substance.
The distinction between exaggerated optimism and puffery and "false PR's" is one that is worth making, especially from a legal standpoint."
Well stated. Your last paragraph rings true to me, more and more, as time wastes. Would have never contemplated it when I initially invested.
If managements proclamations ring not true, investors will be able to see written proof of those, past declared proclamations,
I'm quite sure Sullivan would have demanded proof of their proclamations and claims before he decided to represent them.
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