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The SEC is dragging AT&T to court for illegally duping analysts into lowering expectations

The SEC is dragging AT&T to court for illegally duping analysts into lowering expectations Share this story Illustration by Alex Castro / The Verge The US Securities and Exchange Commission (SEC) is suing AT&T for providing nonpublic information to 20 different analyst firms so they would lower revenue estimates ahead of earnings, according to a press release. That let AT&T โ€œbeatโ€ expectations for the quarter when the information-sharing took place, turning what could have been some nasty h...
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