Your English writing platform
Discover LudwigExact(3)
But the court has also said that materiality may be presumed when a company makes public statements in an efficient securities market, or a market that reflects all publicly available information about a company.
But the efficient-market hypothesis, as defined by its inventor, Prof. Eugene Fama of the University of Chicago, states an "efficient" securities market is one in which, given the available information, actual prices at every point in time represent very good estimates of intrinsic values.
Here's why: Financial theory textbooks tell us that efficient securities markets require speculators as well as investors, short positions as well as long positions and liquidity.
Similar(57)
Home networks that consist of heterogeneous systems needs the design of a secure and efficient security framework due to the diverse resource limitations of each system and network resources.
Moreover, two efficient security protocols are designed to establish secure communications in our developed integrated IRB system for protecting sensitive and confidential information.
But it has efficient security forces, the Mukhabarat secret service, and a tame media.
China, with its highly centralized system of economic management and ruthlessly efficient security machine, has been able to keep a lid on the contradictions thus far.
The diplomat said that joining Nato was an attractive option because "it is the best, most efficient security arrangement in modern history".
While this does not mean that others may occur if efficient security measures are not maintained or enhanced, it shows that the material problem is not as acute as the fear mongers would like the public to believe.
His regime was manifestly unpopular, and Papadopoulos himself was the object of an assassination attempt in August 1968, but those who attempted to organise resistance were harshly treated by a brutal and efficient security apparatus.
After the early violence — there were incidents of rape and even three murders among the prisoners — the inmates organized themselves into surprisingly efficient security and administrative units, with inmate members of the Nation of Islam essential to this enterprise.
Write better and faster with AI suggestions while staying true to your unique style.
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