ELI5: Explain Like I'm 5

Kalkines warning

Okay kiddo, imagine you are playing with your toys and your mom says "be careful, those toys can hurt you". This is like a Kalkines Warning.

A Kalkines Warning is a kind of warning that a company gives to its employees or investors. It tells them that what the company is saying might not be completely true or accurate. Like when your mom warns you that your toys can hurt you, the company is warning people that what they say could potentially hurt them financially or legally.

The warning is named after a court case called Kalkines v. United States, where a company got in trouble for not warning their investors about important information. This warning helps the company avoid getting in trouble with the law and helps people make better decisions with their money.

So, just like how your mom wants to keep you safe while you play with your toys, a Kalkines Warning helps keep people safe with their money by making sure they have all the important information before they invest in a company.
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