"Under the Securities Exchange Act of 1934 (15 U.S.C. § 78a et seq.) and Rule 10b-5 a misrepresentation or omission of a fact is material if a reasonable investor might have considered the fact important in the making of the investment decision."
Citrix's reported 50 employees in the Raleigh office and 160 in the Fort Lauderdale office were laid off, but as CTXS stock sits here down 34% YTD, they conveniently forgot to report the other 1,000 or so in every other location who were also laid off. Call me crazy, but I a feeling investors might have considered that fact important in the making of their investment decision. Grab your popcorn, folks.