• @reddig33OP
    link
    101 year ago

    Also wondering if you can get in trouble for making statements like the following about a privately held company, especially if the statement turns out to be false and the person claiming it knows it’s false:

    “From an operating cash flow perspective, we are just about break-even,” she said, and projected that the company would be profitable early next year.

    I know that could potentially get you in trouble with investors in a public company, but I don’t know what the law says about privately held businesses claiming stuff like this.