FANDOM


Sec Rule 14a-9 state law equivalents take almost the exact opposite position of its federal law counterpart.

The state law states, "a certain amount of innuendo, misstatement, exaggeration and puffing must be allowed as a natural by-product of a bitter campaign," stated a New York court. A Delaware Court opined that, in contested state elections, "as in other types of campaigns, the verbal niceties are not always observed" and "tehre is almost necessarily an area of what might be called permissible puffing."