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VeronicaFox

11/01/19 4:30 PM

#72841 RE: instructmba #72840

Yes, I understand. That’s why I agreed with you by stating “It makes perfect sense that liability insurance doesn’t cover FRAUD.”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=152046835

I thought we were on the same page but now I’m not so sure.

DJ Ponder

11/01/19 4:43 PM

#72843 RE: instructmba #72840

I dont see it so much as being about a shareholder getting their money back , but rather as another layer of deterrents to hold securities fraud PARTICIPANTS accountable.

”A divided Supreme Court yesterday ruled that a person may be held liable for securities fraud for passing along false statements in connection with the purchase or sale of securities, even if that person did not "make" the original statement, provided the disseminator knows that the statement is false or misleading.”