‘Potentially Materially Inadequate Disclosure’ on Harvard’s $675 Million Bond Offering Prompts ‘Anti-Fraud’ Warning
George Mihalcea
The disclosure to potential investors in documents for Harvard’s planned new $675 million tax-exempt bond offering doesn't give enough warning about the risks, a watchdog group says. The National Jewish Advocacy Center, a nonprofit legal group that works to combat anti-Semitism, wrote on Monday, March 30 to lawyers working on the bond offering. "We write regarding potentially materially inadequate disclosure in the Preliminary Official Statement," says the letter, signed by Marc Greendorfer and
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