Not exact matches
In addition to the issues Rob raised regarding
causation, point 4 of the consensus
statement as articulated
on RealClimate implies a cost benefit analysis, and requires an assessment of what level of harm / damage is unacceptable, and an assessment of the cost and likelihood of avoiding it.
You should not make any formal
statements about fault,
causation, or your opinion
on what happened.
The Fifth Circuit held that the press release in question was not sufficient to satisfy the requirements to establish loss
causation because «although the stock price dropped dramatically
on the day of the 1 August 2006 press release, no new facts concerning Cyberonics» stock - option accounting were disclosed in that release which demonstrated that the «truth became known» about Cyberonics» challenged financial
statements.»