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On Wednesday, Mr. Tourre and Mr. Martens sparred over what could turn out to be a critical misstatement Mr. Tourre made in an e-mail to ACA Management, a company that both invested in the trade in question and helped construct it.
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Thus, the cases can be expected to make future securities fraud charges involving sophisticated parties more difficult to prove by bolstering the argument that the type of client receiving the information can be critical to determining whether any misstatements were actually material.
Giuliani critics seized on the misstatement.
In regards to Jonathan Kirsch's review of Richard Severo and Lewis Milford's "The Wages of War: When America's Soldiers Come Home" on June 22, it is my opinion that Kirsch's review could have adhered to a more critical standard instead of indulging Severo and Milford's hand-wringing misstatements of American military history.
In addition to misstatements about rules of evidence, there is inexcusable disregard for critical facts.
Critical Path, the Internet messaging company that warned that there might be material misstatements in its recent revenue reports, said yesterday that its revised financial results for the third and fourth quarters were worse than feared.
Critical Path Inc., which is investigating its own accounting practices after finding possible sales misstatements, said its chief executive, Douglas T. Hickey, and its president, David Thatcher, have left.
"A misstatement," he said yesterday.
Added to concealment there was positive misstatement.
But the misstatement made him curious.
Mr. Lipman said that was "a misstatement of the record".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com