Under the SEC's rules, you can't make a false material statement or not give enough context in making a statement to make sure it's not misleading.
A material object statement like P, therefore, doesn't entail sensory conditionals like (S & A) → (h E.
A Merrill spokeswoman declined to comment, citing rules against public material statements between the deal's announcement and its completion.
Another state judge that year imposed $5,000 in sanctions and ordered the firm to pay $14,500 in attorneys' fees, ruling that "misrepresentation of the material statements here was outrageous".
Or, as Sehgal has it: 'I am interested in creating products, but by rethinking the notion of a product as a transformation of actions not as a transformation of material,' a statement that, whatever else it does, feebly justifies the ICA's decision to sell £25 limited editions of his work - 'editions' that consist of a single word, whispered in the buyer's ear.
The court ruled that the only entity that can be held liable in a private lawsuit for "any untrue statement of a material fact" is the one whose name the statement is presented under.
"The transcript reflects neither false statements nor perjury, each of which requires proof of a willfully false statement about a material matter," Ms. Reno said.
Liability under these provisions is set off if they "contained an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements therein not misleading".
They constitute the analytically entailed consequences of an objective material objective statement P, but can't themselves be analytic truths.
"This statement is a material body blow to an investment proposition that had already started life in a challenging way," said Shore Capital analyst Clive Black.
