Reading about Delve made me wonder: if a startup is lying about what its product does, is that ever automatically securities fraud? Or is it only a securities issue if those claims were also made to investors during a raise?
I feel like people use “securities fraud” pretty loosely, but legally it seems more specific than that.
Would love to hear from anyone who actually knows how this works.
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Did Delve (Compliance) Commit Securities Fraud? · HackerTrans
I feel like people use “securities fraud” pretty loosely, but legally it seems more specific than that.
Would love to hear from anyone who actually knows how this works.