New York Laws
Article 21-A - Fraudulent Transactions in Securities
339-A - False Statement or Advertisement as to Securities.

§ 339-a. False statement or advertisement as to securities. 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.

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