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Red Herring

red herring n

[red herring something that distracts attention from the main issue, diversion]
: a preliminary prospectus (as for the sale of securities) that is not yet approved by the appropriate body (as the Securities and Exchange Commission)


Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.