Henry prepared a registration for the first issuance of stock of the Winzell Corporation.Henry took the assignment very seriously and spent a great deal of time preparing the statement.Two years after the statement was filed,the SEC began to investigate the company and claims that the information in Henry's statement was misleading,because some of the information given to him by the corporation was false.Henry had tried to verify the information,but was not able to do so.An investor is now suing Henry claiming that he violated the 1933 act.Is Henry liable?

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The Answer of Henry prepared a registration for the first issuance of stock of the Winzell Corporation.Henry took the assignment very seriously and spent a great deal of time preparing the statement.Two years after the statement was filed,the SEC began to investigate the company and claims that the information in Henry's statement was misleading,because some of the information given to him by the corporation was false.Henry had tried to verify the information,but was not able to do so.An investor is now suing Henry claiming that he violated the 1933 act.Is Henry liable?

Henry Prepared a Registration for the First Issuance of Stock