The Supreme Court's definition of materiality is: “An omitted fact is material if there is a substantial likelihood that

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The Supreme Court's definition of materiality is:
“An omitted fact is material if there is a substantiallikelihood that a reasonable shareholder would consider itimportant in deciding how to vote. … Put another way, there must bea substantial likelihood that the disclosure of the omitted factwould have been viewed by the reasonable investor as havingsignificantly altered the “total mix” of information madeavailable.”
Discuss what is different between the Supreme Court’sdescription of materiality and the FASB’s second definition (CON8).You can point to differences in specific words, and explain howthose words change the interpretation.