Question: Is a top executive's lie about having a college degree a material misrepresentation within the meaning of the 1933 and 1934 Acts? Would false claims

Is a top executive's lie about having a college degree a material misrepresentation within the meaning of the 1933 and 1934 Acts? Would false claims about having experience with an initial public offering or experience leading a company through human clinical trials be a material misrepresentation?

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The issue for the court in Greenhouse v MCG Capital Corp 392 F3d 650 4th Cir 2004 was whether Bryan J Mitchells claim that he had a college degree from Syracuse University was a material fact within t... View full answer

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