The document discusses the fiduciary duties of corporate directors to shareholders, emphasizing the importance of honest and good faith deliberation. It contrasts this with the lack of fiduciary obligations to consumers, who must rely on market mechanisms and are subject to corporate advertising, which is protected under the First Amendment but can be restricted if false or misleading. The document also touches on the concept of 'puffery' in consumer protection.
doj/DataSet10/EFTA01379758.pdf
{"key_people":["Cardozo"],"document_type":"legal","document_subtype":"legal analysis","key_organizations":["FTC"],"reference_numbers":["DB-SDNY-0077535","SDNY_GM_00223719","EFTA01379758"]}