Assertion: disclosure's information | /r/HasProperty | substantial likelihood
Facets:
Source sentences:
text: Information is material if there is a substantial likelihood that a reasonable investor would consider it important in deciding how to vote or make an investment decision.
text: Information is material if "there is a substantial likelihood that a reasonable shareholder would consider it important" in making an investment decision.38 To fulfill the materiality requirement, there must be a substantial likelihood that a fact "would have been viewed by the reasonable investor as having significantly altered the 'total mix' of information made available."39 Information is nonpublic if it has not been disseminated in a manner making it available to investors generally.40