Knowing or reckless false statements about a publicly traded company that impact its stock price can violate federal securities laws. Section 10(b), Rule 10b-5. SEC and plaintiffs' lawyers take note.

Knowing or reckless false statements about a publicly traded company that impact its stock price can violate federal securities laws. Section 10(b), Rule 10b-5. SEC and plaintiffs' lawyers take note.https://t.co/UcKcYZX2W0 via @CNNMoney

— Richard W. Painter (@RWPUSA) April 3, 2018