So you think that GE paying $200 million for failing to disclose is the same as UOIP - that is complete nonsense.
From your link:
"Bloomberg
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General Electric Agrees to Pay $200 Million Penalty for Disclosure Violations
December 9, 2020, 2:07 PM PST
Washington, D.C.--(Newsfile Corp. - December 9, 2020) - The Securities and Exchange Commission today announced that General Electric Co. (GE) has agreed to pay a $200 million penalty to settle charges for disclosure failures in its power and insurance businesses. In 2017 and 2018, GE’s stock price fell almost 75% as challenges in its power and insurance businesses were disclosed to the public. According to the SEC’s order, GE misled investors by describing its GE Power profits without explaining that one-quarter of profits in 2016 and nearly half in the first three quarters of 2017 stemmed from reductions in its prior cost estimates. The order also finds that GE failed to tell investors that its reported increase in current industrial cash collections was coming at the expense of cash in future years and came primarily from internal receivable sales between GE Power and GE’s financial services business, GE Capital."
The above was from SEC filings - what exactly did Carter file that wasn't accurate and didn't disclose information that was proven not to be true - the answer is he didn't file anything with the SEC and he didn't promise investors anything.
The GE fine isn't germane to UOIP.
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