Section 339-A. False statement or advertisement as to securities  


Latest version.
  • Any
      person, who, with intent to deceive,  makes,  issues  or  publishes,  or
      causes  to  be made, issued or published, any statement or advertisement
      as to the value or as to facts affecting the value of the stocks,  bonds
      or  other evidences of debt of a corporation, company or association, or
      as to the financial condition or facts affecting the financial condition
      of any corporation, company or association which has issued, is  issuing
      or  is  about to issue stocks, bonds or other evidences of debt, and who
      knows,  or  has  reasonable  ground  to  believe   that   any   material
      representation,   prediction  or  promise  made  in  such  statement  or
      advertisement is false, is guilty of a misdemeanor.