Based on these statements, one investor purchases a substantial amount of stock. If the business venture fails before the Tectonic is released, will the investor have any recourse against CRMC and its CEO based on the statements made by the CEO? Why or why not?

If an investor files a fraud suit against CRMC and its CEO, would the statements alone be sufficient to pass the PSLRA standards for scienter?

Answer rating: 100% (QA)

Without the specific statements referenced its difficult to provide a precise analysis However I can ... View the full answer