The bill included a provision for a so-called safe harbor that protected a company from liability for forward-looking statements.
Known as the "safe harbor" provision, it immunizes from suits by the defrauded all "forward-looking statements" about securities.
The Beethoven is both a big, forward-looking statement and a beautifully calculated remake of Classical values.
Because such forward-looking statements are used as evidence by those charging fraud, companies say they are reluctant to provide needed information.
As with any forward-looking statements, mine had several built-in assumptions.
The only significant remaining issue is the degree of disclosure required in forward-looking statements in prospectuses, he said.
In United States business law, a forward-looking statement or safe harbor statement is a statement that cannot sustain itself as merely a historical fact.
A forward-looking statement predicts, projects, or uses future events as expectations or possibilities.
There may also, I hope, be two forward-looking presidential statements.
Under the new legislation, public companies have the explicit ability to omit material facts in forward-looking statements about their companies' prospects.
