Carl,a certified public accountant,prepares a registration statement for Blue Scales,Inc.He discovers that some of the financial information provided by Blue Scales is inaccurate and discusses this with his point of contact in the company.Carl conceals this and includes misstatements of material fact in his registration statement.Blue Scales files this registration statement with the Securities and Exchange Commission (SEC).If these misstatements are discovered by an investor,what is Carl's liability under securities laws?

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The Answer of Carl,a certified public accountant,prepares a registration statement for Blue Scales,Inc.He discovers that some of the financial information provided by Blue Scales is inaccurate and discusses this with his point of contact in the company.Carl conceals this and includes misstatements of material fact in his registration statement.Blue Scales files this registration statement with the Securities and Exchange Commission (SEC).If these misstatements are discovered by an investor,what is Carl's liability under securities laws?

Carl,a Certified Public Accountant,prepares a Registration Statement for Blue Scales,Inc