The Benefit of the Internet: The World Wide Web and the Securities Law Doctrine of Truth-on-the-Market
Sobol, Robert Norman, Journal of Corporation Law
In today's society, with the advent of the "information superhighway," federal and state legislation and regulations, as well as information regarding industry trends, are easily accessed. A reasonable investor is presumed to have information available in the public domain, and therefore Whirlpool is imputed with constructive knowledge of this information. 1
The integrity of securities markets in the United States has long been enhanced by a regulatory system that mandates disclosure of material information by the large number of public companies that offer their securities for sale to the investing public. However, the market also has available to it a …
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Publication information: Article title: The Benefit of the Internet: The World Wide Web and the Securities Law Doctrine of Truth-on-the-Market. Contributors: Sobol, Robert Norman - Author. Journal title: Journal of Corporation Law. Volume: 25. Issue: 1 Publication date: Fall 1999. Page number: 85+. © University of Iowa, Journal of Corporation Law Oct 2008. Provided by ProQuest LLC. All Rights Reserved.
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