Question
In the following scenario, does the scenario violate the Federal securities act? 4-23 Hedley, Hadley emails confirmations For sales to all its customers who had
In the following scenario, does the scenario violate the Federal securities act?
4-23 Hedley, Hadley emails confirmations For sales to all its customers who had made offers to purchase during the waiting period. Each customer had earlier been given a preliminary prospectus and most have consented to the electronic delivery of information via email. The confirmation informed the customer that by accessing Hedley, Hadley's web site the customer can obtain a "term sheet" that sets forth information about the offering's price, amount, and underwriter commissions that was omitted from the preliminary prospectus.
Assume that Omega is an emerging growth company
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