Can silence be evidence of a conspiracy to commit fraud?

McCarthy’s piece has a political slant, but there’s potentially another, if we’re reading him correctly. By the middle of 2010, the CEO’s of publicly traded insurance companies must have known that up to tens of millions of their customers would be canceled by their companies. Arguably, the willful concealment of this information affected the price of their stock. Was their silence about material facts affecting share prices and their own compensation permissible under SEC disclosure rules?

via Dinocrat.

The McCarthy piece referred to above can be found here.

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