Sentence 1: In general, members were reluctant to share information due to concerns that an inadvertent release of this type of information could damage reputations; lower customer confidence; provide an advantage to competitors; and possibly negatively affect members' businesses and lead to punitive measures against an individual member or a member organization.

Sentence 2: Members suspected that the information would have negative effects on the organizations.

If the first sentence is true, then is the second sentence true?
yes