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Technology Stocks : Intel Corporation (INTC)
INTC 46.48-3.6%3:59 PM EST

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To: Richard Forsythe who wrote (4048)10/11/1996 4:11:00 PM
From: William Partmann   of 186894
 
Richard, Historically (legally speaking) causes of action based on fraud and misrepresentation have an element regarding a "duty" to disclose information. The cases I have read all deal with hiding or non disclosure of 6negative information. No one sues for failing to disclose positive information. This is true because if the information is positive the benefit inures to the buyer who is the one who sues. Lack of information should not induce a seller to seller. Failure to disclose negative information, may induce a buyer to buy. Now this is a rather simplistic answer to complex qustion and any lawyer can give you exceptions, but SI is not the place to learn torts.
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