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Bespeaks Caution

Navigation:  Home > Corporate Law > Bespeaks Caution

 

The bespeaks caution doctrine provides that when forecasts, opinions, or projections in a disclosure statement are accompanied by meaningful warnings and cautionary language, the forward-looking statements may not be misleading. The substantial disclosure of specific risks may render alleged misrepresentations concerning soft information immaterial and thus non-actionable as securities fraud.

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