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Defence lawyer Marc Corlett said the directors did not dishonestly mislead investors.
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Buffett says the rule distorts net results and can mislead investors.
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But those can mislead investors or land advisers in hot water with regulators.
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That rule adds volatility to Berkshire's net results, and Buffett says it can mislead investors.
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The prosecutor accused Astorri of giving false information to mislead investors and boost Bio-on shares.
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The four international banks had been charged for allegedly helping the Italian food group mislead investors.
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Buffett said the resulting volatility can mislead investors.
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Overstatements can mislead investors as to which broker-dealers are most active in making markets for particular securities.
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The SEC alleged that executives mislead investors about the regulatory status of the company's goat blood-derived drug.
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The term could mislead investors, who typically pay fees in some way to maintain an account, FINRA said.
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The trial of four former bankers accused of conspiring to mislead investors is continuing into its fourth week.
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In June 2008, the two were indicted for conspiring to mislead investors about the health of their funds.
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But critics say the practice can also mislead investors by creating a rosier picture of a company's profits.
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Negotiators working on revamping financial regulation agreed credit agencies would be held liable if they knowingly and recklessly mislead investors.
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Not only that, companies can use all kinds of accounting tricks -both legal and illegal -to mislead investors.
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The trustee found that Lehman Brothers' accounting methods were designed to mislead investors about the size of its balance sheet.
