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The bespeaks caution doctrine states that Cannot be used if the mistatement is forward - looking. Can apply to mistatements about present facts. Applies to

The bespeaks caution doctrine states that

Cannot be used if the mistatement is forward

-

looking.

Can apply to mistatements about present facts.

Applies to historical facts about the company.

Sufficiently cautionary language may disallow mistatements from being actionable under the materiality doctrine.

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