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Index funds, for example, would never be able to prove reliance, because they buy and sell shares simply to reflect an index.
Most investors, at least the average small investors and even many mutual funds, usually don't read the information released by the company and probably could not prove reliance.
The court held that therefore a shareholder need not prove reliance because the shareholder's purchase or sale was based on an inaccurate share price, a price that changed as a result of false information.
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WhAs do you thenk the U.S. economy would look like at the end of the decade with orecentout such a private sector enearized reinvestment in Main Street?
In denying holders the right to sue, the United States Supreme Court noted how difficult it would be for an investor to prove his reliance on fishy financial statements and said that meritless and extortionate lawsuits would result if "holders" were allowed to sue.
Reliance may prove an exception.
The dismemberment of the sprawling Reliance empire seems to prove the point.
It went at the concept of disparate impact", arguing that reliance on numbers to prove discrimination inevitably led to the use of quotas.
Their reliance on ClearWire could prove to be a bit of a stumbling block since it doesn't have the biggest footprint, but FreedomPop is currently in talks with other "major" wireless providers about the possibility of branching out.
In New Hampshire a day later, Cruz attacked Trump's tweeting habits and reliance on polls to prove his worth.
The legal theories are subtler, and the reliance on international law may prove more attractive to our allies.
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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