Iowa Code § 502.506A

Misstatements in publicity prohibited
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It is unlawful for any person to make or cause to be made, in any public report or press release, or inother information which is either made generally available to the public or used in opposition to a tender offer, any statement of a material fact relating to a target company or made in connection with a takeover offer which is, at the time and in the light of the circumstances under which itis made, false or misleading, ifitis reasonably foreseeable that such statement will induce other persons to buy, sell,or hold securities of the target company.

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