The Law Dictionary

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MATERIAL INFORMATION Definition & Legal Meaning

Definition & Citations:

When it is revealed to the public, any company or product information that is likely to change a security’s perceived value. Common examples of material information are: bankruptcy filings, board of directors (BOD) change, corporate officers or public accounting firm change, company’s fiscal year change, and financial statement revisions . See Insider Trading; Material Insider Information; Rule FD.


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