...regulations, the general standard of materiality to be "... an omitted fact is material if there is substantial likelihood that a reasonable shareholder...would consider it important In deciding how to vote." Based on the information available, it does not appear that any US company which has effective registration...

...a Section ll action" — in l6/ TSC Industries, Inc. v. North way, Inc. as follows: an omitted fact is material if there is a substantial likelihood that...would consider it important in deciding how to vote .... (This standard] does not require proof of a substantial likelihood that disclosure of the omitted...

...stricter test for materiality: "an omitted fact is materWACHTCU.. UFTOM. ROSCN s KATZ _4_ Jun> ial if there is a substantial likelihood that a reasonable...would consider it important in deciding how to vote." [Emphasis supplied.] The Northway standard contemplates a showing of a "substantial likelihood that...

...interests to Steadman 's need for bank loans. Hence the subject was of sufficient moment to create "a substantial likelihood that a reasonable shareholder would consider It Important" in making his decision. 17/ Accordingly, we hold the undisclosed banking relationships "materTal." The...

...statement — Materiality of omitted fact. — Under standard that a fact omitted from a proxy statement is material if there is a substantial likelihood that...would consider it important in deciding how to vote, none of omissions claimed in this case to have been in violation of Rule 14a-9, promulgated under §...

...given fact is material was enunciated by the Supreme Court, in TSC Industries v. Northway.90/ A fact is material ... if there is a substantial likelihood that a reasonable shareholder would 87/ HR No. 1383, 73d Cong. 2d Sess. 13 (1934). SB/ S. Rep. No. 793, 73d Cong., 2d Sess. 12 (1934)....

...Supreme Court in TSC Industries, Inc. v. Northway, Inc. stated that an omission in a proxy statement "is material if there is a substantial likelihood...would consider it important in deciding how to vote." as/ The Coda would also introduce an entirely new approach to determining materiality—whether the...

...materiality that we think best comports with the policies of Rule 14a-9 is as follows: An omitted fact is material if there is a substantial likelihood that...would consider it important in deciding how to vote. . . ."' M orever, under the securities laws, materiality is a question of fact for the jury.120 By...

...concerning the omission of certain facts from a proxy statement. The Supreme Court held that an omitted fact is material if there is a substantial likelihood that...would consider it important in deciding how to vote. The above traditional concept of materiality is discussed in terms of the financial information which...

...Supreme Court's definition, applied in a proxy statement context, TSC v. Northway, said that a fact was material if there is a substantial likelihood that a reasonable shareholder would conaider it important. Such a definition does not seem to me to give great assistance to those who...