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imnot6

12/06/10 4:22 PM

#110204 RE: oldberkeley #110192

Entanglement

[OB said:]

My understanding has always been that if the company is aware that an analyst is making false or inaccurate statements, the company must correct these statements or it is committing fraud and subject to legal sanctions.


IMO, I don't see how there could be such a mandate in the absence of some kind of actual contractual relationship establishing the analyst as an agent or representative of the company. If you can find some sort of reference, that would be interesting.