In cases of misrepresentations or omissions, investors have an automatic right of action to sue the __________ for damages.

Question

Quizplus · Accepted Answer

In cases of misrepresentations or omissions, investors can sue the issuer (the entity that issues or sells the securities) for damages. This is because the issuer is responsible for providing accurate and complete information about the securities to potential investors.

In Cases of Misrepresentations or Omissions, Investors Have an Automatic