/biz/ - Business & Finance

Anonymous Sat Jul 29 02:12:05 2023 No.55694001 [View]
File: 106 KB, 511x766, cohen.png [View same] [iqdb] [saucenao] [google]

>It is not plausible that an investor would have made an investment decision based on Mr. Cohen’s obscure tweet at a time when BBBY’s public financials showed the company’s sales declining precipitously, its losses skyrocketing and its cash dwindling,” Cohen's lawyers argued. Shareholders must show an alleged misrepresentation was false, Cohen's brief asserted, but “there is no way to establish objectively the truth or falsity of a tiny lunar cartoon.

https://www.reuters.com/legal/litigation/column-bed-bath-beyond-investor-ryan-cohen-must-face-emoji-inspired-shareholder-2023-07-28/

uhh baggies, your thoughts?

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/biz/ - Business & Finance

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