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26 Jul 2023, 9:01 pm by renholding
”[35] The release admits that sometimes a company may not know much more about an incident than that it was material, as commenters highlighted.[36]Investors could overreact to these necessarily vague disclosures, even though a complete assessment would have sparked less concern.[37] Companies may also disclose an incident that is or proves to be non-material,[38] for fear of later SEC admonishment, particularly given the SEC’s warning to companies to err on the side of more… [read post]