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IPwatcher

04/26/20 8:02 PM

#76924 RE: HFM2 #76919

This is true.
And it is the very reason why standards are laid down.
- Legal contracts.
- Witness statements delivered under oath.
- Public statements made by by companies listed on an exchange where shares are traded puclicly.

Higher standards
apply in situations such as these.

The 'reasonable person' test applies.
I would contend that there are alot of 'reasonable persons' who bought DECN on the back of what they inferred from DECNs public statements. And these reasonable persons may have been misled into forming an impression of the company that is materially different from the reality, onn the basis of those statements.

In which case, the persons responsible for issuing those PRs have a problem.
Their standards fell short of what was required.
That of itself is plenty!