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Re: Monroe1 post# 41996

Sunday, 08/15/2021 10:39:36 AM

Sunday, August 15, 2021 10:39:36 AM

Post# of 54173
<< there are those times when giving out info is not prudent or in the best interest of even shareholders >>

Withholding information from shareholders is basically breaking the law.

EVERY public company has the fiduciary duty to provide ALL information to its shareholders (who are investors in the company and part owners).

The only information that can be withheld is that information that would break other laws. For example, if Israel had a law (and I am not saying that they do) that requires an oil company from releasing news on an oil find for 30 days, then the company would need to abide by that. Barring that, they are REQUIRED to provide ALL information.
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