INSIDER LIABILITY. Each Seller acknowledges that trading in the Purchaser's securities by persons possessing material non-public information may result in private lawsuits for damages or to civil or criminal proceedings by the Securities and Exchange Commission. Each Seller also acknowledges that liability may be imposed on insiders who privately disclose otherwise non-public material information where such disclosure coincide with trading Purchaser's securities by such insiders or by the recipients of such information.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Cross Continent Auto Retailers Inc M&l), Stock Purchase Agreement (Cross Continent Auto Retailers Inc M&l)
INSIDER LIABILITY. Each Seller acknowledges that trading in the Purchaser's securities by persons possessing material non-public information may result in private lawsuits for damages or to civil or criminal proceedings by the Securities and Exchange Commission. Each Seller also acknowledges that liability may be imposed on insiders who privately disclose otherwise non-public material information where such disclosure coincide with trading Purchaser's securities by such insiders or by the recipients of such information.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Cross Continent Auto Retailers Inc M&l), Stock Purchase Agreement (Cross Continent Auto Retailers Inc M&l)
INSIDER LIABILITY. Each The Seller acknowledges that trading in the Purchaser's securities by persons possessing material non-public information may result in private lawsuits for damages or to civil or criminal proceedings by the Securities and Exchange Commission. Each Seller also acknowledges that liability may be imposed on insiders who privately disclose otherwise non-public material information where such disclosure coincide with trading Purchaser's securities by such insiders or by the recipients of such information.
Appears in 1 contract
Samples: Stock Purchase Agreement (Cross Continent Auto Retailers Inc M&l)
INSIDER LIABILITY. Each Seller The Sellers acknowledges that trading in the PurchaserBuyer's securities by persons possessing material non-public information may result in private lawsuits for damages or to civil or criminal proceedings by the Securities and Exchange Commission. Each Seller Sellers also acknowledges that liability may be imposed on insiders who privately disclose otherwise non-public nonpublic material information where such disclosure coincide with trading PurchaserBuyer's securities by such insiders or by the recipients of such information.
Appears in 1 contract
