Is It Fraud, or Is It ‘Puffery’?
Courts have given companies some leeway to make (perhaps overly optimistic) sweeping statements, a practice lawyers call “puffing.”
Is It Fraud, or Is It ‘Puffery’?
Courts have given companies some leeway to make (perhaps overly optimistic) sweeping statements, a practice lawyers call “puffing.”
Posted inBanga, Ajay Bankman-Fried, Sam internal-storyline-no Lee, Thomas H Ozy Media Inc Private Equity THL Partners Watson, Carlos (1969- )
Remembering Thomas H. Lee, a Veteran of Private Equity
The financier, who died at 78 years old, was known for prominent takeovers of Snapple and Warner Music.
Ozy Media’s Carlos Watson Arrested on Fraud Charges
Mr. Watson had founded the troubled digital-media start-up Ozy, which unraveled after The New York Times examined its business practices.