1. In documents available to the public, TransS1 included general warnings about the risks of regulatory scrutiny...

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1. In documents available to the public, TransS1 included general warnings about “the risks of regulatory scrutiny and litigation.” Did this satisfy the company’s duty to disclose its allegedly fraudulent scheme? Why or why not?

2. If the plaintiffs can prove the elements of their claim, what should be the measure of their damages? Explain.

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