July 15, 2020 | New York Law Journal
Puffery or Not? Courts Examine Corporate Codes of ConductAlthough a number of federal courts have found code of conduct statements to be non-actionable puffery, given the uncertainty in the face of the novel coronavirus pandemic, public companies should review their codes of conduct and revise them if necessary to mitigate litigation risk.
By Sarah Lightdale, Ian Shapiro and Linh Nguyen
10 minute read
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