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165 points atombender | 1 comments | | HN request time: 0.327s | source
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ncr100 ◴[] No.45151051[source]
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?
replies(3): >>45151184 #>>45151320 #>>45151385 #
1. mrandish ◴[] No.45151385[source]
I don't know about "impugn him" but there are SEC regulations and legal standards for when a public company CEO makes "forward looking statements", however the standards are looser when speaking casually vs in an earnings call or in regulatory filings.

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.