Not sure I'm asking this correctly: As an officer in a Public Company, does this behavior impugn him as CEO or the company in any legal way?
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Plus how much a company currently expects to spend toward a specific initiative isn't a number likely to cause shareholder litigation like revenue, earnings, margins or share price. You pretty much never hear a public company CEO put numbers on those outside of an earnings call.
Also, any kind of charge for securities violation requires more than misleading public statements. There needs to be intention to deceive and intention to capitalize on that deceit, probably neither are here either