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But the document submitted to the court said that Mr. Lewis's "sworn admissions leave no genuine dispute that his statement at the December 5 shareholder meeting reiterating the bank's prior accretion and dilution calculations was materially false when made".
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The SEC called the proxy materials materially false and misleading.
It would've just had to prove that it was more likely than not that Musk had disclosed a materially false fact or a misleading one without context not a high bar when you consider the very flimsy basis for Musk's tweets.
"What is to happen when guilty management writes a prospectus (for the board) containing materially false statements and fools both board and public into believing they are true?" Justice Breyer asked.
This happens for instance when a logician constructs a valid syllogism made up of materially false sentences to give examples of formally valid inferences (§44, 130).
New York officials said Ms. Byron-Marasek had provided them with "materially false or inaccurate statements".
The suit accuses Jiangbo of issuing "materially false and misleading" financial statements.
Finally, p ≡ q ("p is [materially] equivalent to q" or "p if and only if q") is to count as true when p and q have the same truth value (i.e., either when both are true or when both are false), and false when they have different truth values; the arguments of "≡" (the [material] equivalence sign) are called equivalents.
Given any two propositions p and q, then p ⊃ q ("if p [then] q" or "p [materially] implies q") is to count as false when p is true and q is false and as true in all other cases; hence it has the same meaning as "either not-p or q" or as "not both p and not-q".
The suit contends that both Deloitte and Grant Thornton "issued materially false reports on Parmalat's 1998-2002 year-end financial statements".
The plaintiffs asserted that those statements were materially false and had inflated the company's stock price.
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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