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These excerpts taken from the ABII 10-K filed Mar 31, 2008. Material Information Information is considered material if there is a substantial likelihood that a reasonable investor would consider it important in making an investment decision whether to buy, sell or hold a security or if the information is likely to have a significant effect on the market price of the security. The materiality of information depends upon the circumstances. Material information can be positive or negative and can relate to virtually any aspect of a companys business. Some examples of material information include, but are not limited to, the following:
The above list is only illustrative; many other types of information may be considered material depending on the circumstances. The materiality of particular information is subject to re-assessment on a constant basis. In addition, inside information is not limited to information about the Company. It also includes non-public information about others, including customers, suppliers and competitors.
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Insider trading is prohibited by law. It occurs when an individual with material, non-public information trades securities or communicates such information to others who trade. The person who trades or tips information violates the law if he or she has a duty or relationship of trust and confidence not to use the information. Trading or helping others trade while aware of inside information has serious legal consequences, even if the insider does not receive any personal financial benefit. Insiders may also have an obligation to take appropriate steps to prevent insider trading by others. Material Information SIZE="2">Information is considered material if there is a substantial likelihood that a reasonable investor would consider it important in making an investment decision whether to buy, sell or hold a security or if the information is Some examples of material information include, but are not limited to, the following: STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">
The above list
12 Insider trading is prohibited by law. It occurs when an individual with material, non-public information trades Insiders may also have an obligation to take appropriate steps to prevent insider trading by others. | EXCERPTS ON THIS PAGE:
RELATED TOPICS for ABII: |
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