On Monday, January 5, 2015 3:34:21 AM UTC-5, John B. Slocomb wrote:
On Sun, 4 Jan 2015 05:07:14 -0800 (PST), "
wrote:

On Sunday, January 4, 2015 12:10:03 AM UTC-5, John B. Slocomb wrote:


But the publicly listed companies file 10-K report that are public
information and they are required to make share holders aware of
significant plans for the company.
--
Cheers,

John B.

That is true, but the 10k report has a lot of qualifying statements.

True, but as a lawyer friend put it, "they are probably the most that
the company will willing divulge".

And here's an example of what happens when it doesn't divulge truthfully enough to those investing with it: ... "F-Squared Investments Inc., which builds investment portfolios out of exchange-traded funds, admitted it misled clients about its track record and agreed to pay $35 million in a settlement with regulators.

-- http://www.wsj.com/articles/f-square...ges-1419268778

(of course, at this socio-economic level crime and punishment is settled a bit differently)