Investors brought action for security fraud against corporation. Investors appealed based on representations made in research report, annual report. Court of Appeals, fourth circuit, held that allegations were not sufficient to attribute advisor's report to corporation.
Investors brought action for security fraud against corporation. Investors appealed based on representations made in research report, annual report. Court of Appeals, fourth circuit, held that allegations were not sufficient to attribute advisor's report to corporation.
Investors brought action for security fraud against corporation. Investors appealed based on representations made in research report, annual report. Court of Appeals, fourth circuit, held that allegations were not sufficient to attribute advisor's report to corporation.