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Re: jay113 post# 20349

Saturday, 07/17/2010 7:34:05 PM

Saturday, July 17, 2010 7:34:05 PM

Post# of 22746
He's saying that ACT has a fiduciary duty to all its shareholders, not just those that signed up for a newsletter. Any news that will possibly affect share price is supposed to be released for all to see. If that kind of information is released to select shareholders, that would be considered insider trading, something the SEC frowns upon. It all comes down to fiduciary duty. IMO ACT's legal troubles aren't over.
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