In order to be actionable under Rule 10b-5,misstatements or omissions must be made with

Name: In order to be actionable under Rule 10b-5,misstatements or omissions must be made with
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Quizplus · Accepted Answer

Misstatements or omissions under Rule 10b-5 must be made with scienter, which means intent to deceive, manipulate or defraud. Negligence or lack of due care is not enough to establish a violation of Rule 10b-5. Facts alone may not necessarily constitute a violation; it is how they are presented or omitted that matters.

In Order to Be Actionable Under Rule 10b-5,misstatements or Omissions