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Simple English definitions for legal terms

buried-facts doctrine

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A quick definition of buried-facts doctrine:

The buried-facts doctrine is a rule in securities that says if important information is hidden in small print or hard-to-find places in a company's proxy statement, it can be considered misleading. This means that if a reasonable shareholder could miss important risks because they are buried in footnotes or appendixes, the disclosure is not adequate. Basically, companies need to make sure they are presenting all important information in a clear and easy-to-understand way.

A more thorough explanation:

The buried-facts doctrine is a rule in securities law that requires companies to disclose all material information in a clear and understandable manner. Under this doctrine, a disclosure is considered inadequate if a reasonable shareholder could fail to understand the risks presented by facts scattered throughout the document.

For example, if a company's proxy statement includes important information about a pending lawsuit in a footnote or appendix, rather than in the main body of the document, it may be considered a violation of the buried-facts doctrine. This is because a reasonable shareholder may not read or understand the significance of the buried information.

The buried-facts doctrine is designed to ensure that investors have access to all material information necessary to make informed decisions about their investments. By requiring companies to disclose all material information in a clear and understandable manner, the doctrine helps to promote transparency and fairness in the securities markets.

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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