Question: Do the failures to include information concerning a deteriorating inventory-to-sales ratio relative to competing firms and to disclose insider transactions that increase a company's operating

Do the failures to include information concerning a deteriorating inventory-to-sales ratio relative to competing firms and to disclose insider transactions that increase a company's operating costs constitute material omissions giving rise to liability under Section 11 of the Securities Act of 1933?

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The companys deteriorating inventorytosales ratio relative to competing firms may well be material Although the company did not misstate its own inven... View full answer

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