The Jaillet v.Cashman gives indication to which of the following?
A) Mass dissemination of erroneous financial information may give way to corporate lawsuits.
B) Scienter leads to fraudulent reporting by the auditors in a Securities Act of 1934 filing.
C) Rule 11 of the Securities Exchange Act of 1934 gives the plaintiff the right to sue underwriters.
D) Criminal actions of auditors will be measured by RICO standards.
Correct Answer:
Verified
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