material fact


Also found in: Medical.

Material News

Information likely to affect a stock's price. Examples include mergers and acquisitions, information on earnings over the most recent quarter or year, or announcements of regulatory changes. If material news is particularly good or bad, it can cause large fluctuations in the stock's price, increasing its volatility. For this reason, publicly-traded companies usually hint about what material news will say before they actually announce it. This allows the market to absorb the information gradually so as to reduce pressure for volatility. Material news is also called material information. See also: Priced out.

material fact

Any fact that is relevant to a reasonable person making a decision. For example,

• Real estate agents must disclose material facts known to them about the condition of property.

• Some facts, although they may be material, cannot be disclosed unless the seller gives his or her permission, such as the fact that the seller or a prior owner or occupant of the property was HIV-positive or had AIDS.

• Legally actionable fraud is a misrepresentation of a material fact. If there was a misrepre- sentation, but the fact was not material, there is no liability for fraud.

References in periodicals archive ?
In addition, willfully misrepresenting or concealing a material fact in insurance and risk management business dealings also violates the Society's Ethics Code.
We likewise conclude that the extent and effect of promotion of lead paint sales by both defendants and their knowledge of the potential hazards of the paint is an issue of material fact for the jury.
The district court held that summary judgment was precluded by genuine issues of material fact regarding the reasonableness of the strip search, and the existence and implementation of a county policy authorizing strip searches for all gross misdemeanant arrestees.
Sellers have an obligation to disclose any known material fact about a property, including elevated radon levels," according to George F.
The court found genuine issues of material fact as to whether corrections officers used excessive force against a jail inmate by placing her in a restraint chair after she allegedly threw urine and feces from her cell.
alleged that the company made untrue statements of material fact, or failed to disclose material facts concerning the company's Urethrin product, all in violation of federal securities laws.
Specifically, the complaint alleges that Boston Scientific and the Individual Defendants failed to disclose material facts and made false and misleading statements of material fact concerning the Company's abilities to satisfy the FDA's regulations governing the Company's medical device product quality controls.
AN ADVERTISEMENT CANNOT CONTAIN ANY UNTRUE statement of material fact or a statement that is otherwise false or misleading.
The court also found genuine issues of material fact as to whether corrections officers used excessive force against a jail inmate by placing her in a restraint chair after she allegedly threw urine and feces from her cell.
Campbell, present Director of the Company and a former Vice-President and General Counsel, from: (1) employing any device, scheme or artifice to defraud; or, (2) obtaining money or property by means of any untrue statement of a material fact or omission to state a material fact; and, (3) filing or causing the filing with the Securities and Exchange Commission of any periodic report on behalf of any issuer, which contains any untrue statement of material, or which omits to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they were made, not misleading.
It contains misstatements or omissions of material fact.
The court held that summary judgment was precluded by a genuine issue of material fact on the inmate's claim of retaliatory conduct against him for his complaint that an officer was sexually harassing him.

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