International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Bob Jagow who wrote (28027)	11/22/1997 10:34:00 AM
From: Brander	Read Replies (1) of 35569

"-withholding bad info is the cause of nearly all suits and that is all that matters. It's not the authorities that come after companies--it's the trial lawyers who establish damage pursuant to the statute." There are plenty of cases of insider's being charged for stock manipulation for whithholding significant, material "good" information. Legally, it is the same as withholding "bad" information. It is not only the trial lawyers, but also the SEC and NASDAQ who would not approve, and they can act unilaterally. Brad

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