Chapter 6: The Use of Projections in Securities Disclosure
§ 6.1 Introduction
§ 6.2 Rules 175 and 3b-6
§ 6.3 Judicial Interpretations
§ 6.3.1 The “Bespeaks Caution” Doctrine
§ 6.3.2 Judicial Examples
§ 6.4 The Private Securities Litigation Reform Act of 1995
§ 6.4.1 Persons Subject to the Safe Harbor
§ 6.4.2 Definition of Forward-Looking Statements
§ 6.4.3 Requirements of the Safe Harbor
§ 6.4.4 Limitations on the PSLRA Safe Harbor
§ 6.4.5 Further Regulation
§ 6.5 Conclusion