"Please don't hop onto a forum, trying to look smart and act like you know the law - it makes you look ridiculous. A person on a forum is not a social media influencer. I recommend if you want to be taken seriously, maybe look for something else that you can copy/paste that could work in this specific situation. Your attempted scare tactics have failed miserably in this case"

Any thoughts?

CORPORATIONS ACT 2001 - SECT 1041E False or misleading statements

CORPORATIONS ACT 2001 - SECT 1041E

False or misleading statements

(1) A person must not (whether in this jurisdiction or elsewhere) make a statement, or disseminate information, if:

(a) the statement or information is false in a material particular or is materially misleading; and

(b) the statement or information is likely:

(i) to induce persons in this jurisdiction to apply for financial products; or

(ii) to induce persons in this jurisdiction to dispose of or acquire financial products; or

(iii) to have the effect of increasing, reducing, maintaining or stabilising the price for trading in financial products on a financial market operated in this jurisdiction; and

(c) when the person makes the statement, or disseminates the information:

(i) the person does not care whether the statement or information is true or false; or

(ii) the person knows, or ought reasonably to have known, that the statement or information is false in a material particular or is materially misleading.