Quote:
Originally Posted by woj
That doesn't mean you can sue them for anything, you can snitch on them to some government agency and hope they get fined/imprisoned for it...
You can still probably sue them , but the $5k fine or 12 month imprisonment has nothing to do with it... completely different court, different case...etc
(at least that's how it works around here)
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I know that a lot of people want to keep their financial business information private and secret for the simple reason that they don't want their competition to see their financial statements. It's too much information for the competition.
These are the basics:
So, for a public company financial statements would be available for all public to see.
For a private company the financial statements are not available for all public to see.
Also, is some cases employees of a company sign a contract with a clause that says, "Informing competitors about private company matters and documents is not allowed."