Decided to offer certain securities for sale to the public

Assignment Help Operation Management
Reference no: EM131149386

Alice v. Looking Glass Corporation

When Looking Glass Corporation decided to offer certain securities for sale to the public, it was required by federal law to provide sufficient information to Alice (as well as to all other interested unsophisticated investors), so she and the other investors would be able to evaluate the financial risk involved in the purchase of these securities. Specifically, the law imposed liability on companies that make a false statement or have an omission that is “material” in the information that they provide to interested investors. What sort of information would an unsophisticated investor such as Alice consider to be material? What standard would the company be held to by a court if Alice brought a lawsuit against it? What legal claim(s) might Alice consider bringing against Looking Glass Corporation in this lawsuit? What damages could a court award Alice if she won this lawsuit?  Explain your answer and reasoning in depth.

Reference no: EM131149386

Questions Cloud

Different geographies-cultures and legal environment : Globalization has become pervasive in almost every company. It influences the types of jobs that are available and requires companies to adjust to different geographies, cultures and legal environment. Discuss how a company can address these challeng..
Usually feature of project : Which of the following is not usually a feature of a project?
Calls unless reservations agent is immediate service : Gregs Airlines opened its doors in June 2014 as a commuter service, with its headquarters and only hub located in Birmingham. A product of airline deregulation, Gregs Air joined the growing number of successful short-haul, point-to-point airlines, in..
Production scheduling method provides the greatest flexibile : Which one production scheduling method provides the greatest flexibile?
Decided to offer certain securities for sale to the public : When Looking Glass Corporation decided to offer certain securities for sale to the public, it was required by federal law to provide sufficient information to Alice (as well as to all other interested unsophisticated investors), so she and the other ..
Have you violated the law : You are a factory manager in a small rural county in Georgia.You place a want ad for factory workers whose job it will be to unload boxes from trucks. In the ad, you indicate that a high school diploma is required.In that particular county, the high ..
General partnership and limited liability partnership : You are a recent Warner MBA graduate and want to start your own business. You have limited resources and need to call upon two or three of your rich student friends (is there such a friend?) to help you get the business started. You are considering a..
Does the computer company suffer the loss or do you : By telephone you purchase a computer from Dell Computers, Inc. located in Dallas, TX. You give the company your credit card number and a charge is placed on your card for the computer. The computer is shipped to you. While in transit, the computer is..
Idealized influence and inspirational motivation : Who is the most influential leader you have come in contact with personally? What forms of power did they have, and which types of influence did they use to accomplish objectives? Consider the four dimensions of transformational leadership: idealized..

Reviews

Write a Review

Operation Management Questions & Answers

  What is the machining cycle time

What is the machining cycle time (in seconds) for each of the four machines? For each machine, please provide at least one step of calculation and the correct answer for full credit.

  A gentle introduction to optimization

4. ("A Gentle Introduction to Optimization", by B. Guenin, J. K¨onemann and L. Tun¸cel, CambridgeUniversity Press, 2014) You wish to build a house and you have divided the processinto a number of tasks, namely:

  What is the best production order quantity

What is the best production order quantity? in units

  Process improvement that reduces processing time

A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 20% with less material, but one additional worker required. What increase in productivity is associated with the process improve..

  Save the city campaign

Egon Spengler is planning a charity benefit gala for his “Save the City” campaign. However, because one of his partners, Peter Venkman, has difficulty staying on task, the project is scheduled and they are running out of time.

  Describe all of the different organizational stakeholders

Describe all of the different organizational stakeholders who are directly affected by the organization and how is the organization responsible to these stakeholders. How are these stakeholders affected?

  What role should organization development practitioner play

What role should an organization development practitioner play in ensuring that the organization successfully transitions to the point where change has become institutionalized

  How might business reduce its liability based on this tort

Per the text, a tort is a violation of duty imposed by the civil law. Define one (1) of the torts from your reading (e.g., the tort of trespass, invasion of privacy, assault, battery, etc.). Explain the effect(s) that this tort might have on a busine..

  Role for corporate sustainability and strategic planning

Project selection methods and the project portfolio play an important role for corporate sustainability and strategic planning. It is important to distinguish between financial and non-financial models for project selection, since each can yield diff..

  Conducting ethics training for its employees

A hospital is interested in conducting ethics training for its employees (doctors, receptionists, medical assistants, etc.,). Discuss how you would go about doing the training in terms of what should be covered, who would conduct the training, where ..

  The copy center holdup

Can anyone help solve the folowing problem "The Copy Center Holdup", which can be found in the book Operations Management an Integrated Approach by Reid & Sanders?:

  Why is ge so interested in reverse innovation

What are the similarities and differences between GE's traditional innovation and reverse innovation. Why is GE so interested in reverse innovation. What are the main concerns that prevent Western MNEs from aggressively investing in emerging econom..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd