☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Material Misrepresentation

A false statement of fact significant enough that a reasonable investor would consider it important in making an investment decision.

Etymology: Latin 'materialis' + Old French 'mes-' + Latin 'repraesentare' · Category: Securities Law · Source: TSC Industries v. Northway, 426 U.S. 438 (1976)
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