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To Prevail Under Section 11 of the 1933 Securities Act,a

Question 37

Multiple Choice

To prevail under Section 11 of the 1933 Securities Act,a plaintiff must prove


A) the registration statement contained a material misstatement or omission; and the plaintiff lost money.
B) the registration statement contained a material misstatement or omission; the auditor acted knowingly or recklessly; and the plaintiff lost money.
C) the registration statement contained a material misstatement or omission; the auditor intended to deceive; and the plaintiff lost money.
D) only that the registration statement contained a material misstatement or omission.

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