overstate

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By overstating the water supply, the Sierra Club's Martin Schlageter wrote, the CLWA has contributed to poor water planning that will lead to over-building, economic hardship and damage to local water supplies.
The defendants secured financing for such investors by overstating to prospective lenders the purchase price for each unit by approximately $30,000, and also by causing the investors to overstate their income and assets in order to deceive lenders into believing that such purchasers could make substantial downpayments and could service the loans.
According to the complaint, the true facts, which were known by the defendants but concealed from the investing public during the Class Period, were as follows: (a) the Company lacked requisite internal controls, and, as a result, the Company's projections and reported results were based upon defective assumptions and/or manipulated facts; and (b) the Company's financial statements were materially misstated due to its failure to properly defer income and royalty payments and its improper capitalization of royalty expenses, thereby overstating its revenue and income from at least 1999 to 2005.
Environmentalists also say the valley's water providers are overstating the reliability of imported water from the State Water Project.
The defendants secured financing for such investors by overstating to prospective lenders the purchase price for each unit by approximately $30,000 and causing the investors to overstate their income and assets in order to deceive lenders into believing that such purchasers could make substantial downpayments and service the loans.
Specifically, defendants failed to disclose and misrepresented the following adverse facts that: (i) Stone Energy was materially overstating its financial results by overvaluing its oil reserves through improper and aggressive reserve methodologies; (ii) the Company lacked adequate internal controls and was therefore unable to ascertain its true financial condition; and (iii) as a result of the foregoing, the values of the Company's proven reserves, assets and future net cash flows were materially overstated at all relevant times.
By overstating the water they've got, they are doing a disservice to the land use approval process in Los Angeles County,'' he said.
These statements were materially false and misleading because they failed to disclose and misrepresented the following adverse facts, among others: (i) that Stone Energy was materially overstating its financial results by overvaluing its oil reserves through improper and aggressive reserve methodologies.
The filmmakers do a fine job of laying out the competing visions, foreshadowing the outcome without overstating it.
It is alleged that these statements were false and misleading because they failed to disclose or misrepresented that Stone Energy was materially overstating its financial results as it was overvaluing its oil reserves, through aggressive reserve methodologies, that the Company lacked adequate internal controls and could not accurately determine its financial condition, and that as a result the value of its proven reserves were materially overstated.
Greenspan said the Labor Department should speed its efforts to fix a range of shortcomings in its main measure of inflation, the Consumer Price Index, that have led, according to estimates by some economists, to overstating increases in the cost of living by about 1 percentage point.
These inflated circulation numbers had a direct impact on the Company's financial results, thereby overstating its revenue and income by millions of dollars.