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“I know of no case that has held anyone liable for clearly and accurately disclosing material information to investors. In all likelihood, liability should decrease with the use of plain English because it results in less confusing disclosure.”
Isaac Hunt, Jr., former SEC Commissioner, July 17, 1997
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SAMPLE 3 - Original
ABC Corporation, founded in 1968 with executive offices in Eatontown, New Jersey, with reported revenues of approximately $83 million for its fiscal year ended June 30, 2002, and manufacturing facilities in Pennsylvania, New York, South Carolina and Illinois, is a major producer of plastic containers for the packaging industry. It operates severally wholly owned subsidiaries including XYZ Corporation, for the manufacture and sale of general line plastic bottles, the DEF Corporation and GHI Industries, Inc., responsible for manufacturing and sales of specialty plastic containers, and JKL Corporation, a leading supplier of PVC compounds and specialty plastic alloys in the United States. The Company’s stock is traded under the symbol 1234.
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