The document discusses the legal concept of 'puffery' in corporate speech and its implications for shareholder and consumer rights. It critiques the notion that corporate speech directed at consumers, even if misleading, should not be actionable if it benefits shareholders. The text also addresses the 'Pareto fallacy' in corporate governance, which assumes that decisions benefiting all stakeholders will inherently maximize shareholder profits.
doj/DataSet10/EFTA01378440.pdf
{"key_people":["Donald Langevoort"],"document_type":"legal","document_subtype":"legal analysis","reference_numbers":["DB-SDNY-0075619","SDNY_GM_00221803","EFTA01378440"]}