The Justices ruled 5-3 Tuesday that third parties, such as investment banks, accounting firms and suppliers, can be shielded from liability if they engageinbusiness with companies that are involved in securities fraud.
We are concerned that there has been a tendency on the part of some members to engagein what can appear to be bilateral debate when the proper management of business is best served by addressing the chair at all times.
If you cannot answer these questions clearly, you probably need to go back to the drawing board and be sure you are in the right place before you engage the general public in funding your business.
To be a social enterprise, a company needs to embrace transparency as a guiding principle for business and engagein conversations with customers whenever and wherever they are talking.
Be clear that there are two distinct permissions needed from your employing firm when you intend to engagein an outside business and also in a private securities transaction.