Brooklyn, NY asked in Business Formation, Business Law and Securities Law for New York

Q: can I have legal liability by sharing financial statements from another location with an investor

2 Lawyer Answers

A: It could depend on what your capacity is, as an officer, fiduciary, etc. This is posted under "Uncategorized." It sounds like something that attorneys who practice in Business Law, Securities Law, Business Formation, and confidentiality agreements would have insight into. Some questions do go unanswered, but you could try reposting there for better chances of a response from attorneys who are knowledgeable in this area. Good luck

Daniel Michael Luisi agrees with this answer

A: Every action that a corporate officer undertakes can potentially lead to liability under State and Federal Securities laws, banking laws, contract laws, fiduciary rules, and more. Your question is extremely brief. My guess is that it's only an iceberg question: meaning there is a lot more below the surface. Do not disclose more information in this public forum. Contact an attorney for a confidential consultation to evaluate your risk and liability exposure.

Tim Akpinar agrees with this answer

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