compensation of loss due to misstatement in a prospectus issued by a company

limbani · #1 Jun 7, 2006, 04:28 AM

I am a director of a company and my collegue is a promoter of the same company. We have been sued by shareholders for compensation of loss arising out of a misstatement in a prospectus the company issued. Advise us as on the grounds upon which we may avoid liability.

excon · Jun 7, 2006, 06:05 AM

Hello lim:

Dude. I can't advise you. I don't know what you did or what he says you did. I can give you this bit of advice, though, if your prostitution company is illegal, Mr Fredrick won't collect anything.

Now, I'll take a blond about 5'6" with realy humongous bazoombas.

excon

valinors_sorrow · Jun 7, 2006, 09:30 AM

Offers up my other leg for pulling since I need them to be even for walking!!



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