In the case of a(n)__________,the U.S.Supreme Court has ruled that the reliance will be presumed under Rule 10b-5 if the fact was material.

Question

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The U.S. Supreme Court has ruled that in the case of an omission, the reliance will be presumed under Rule 10b-5 if the fact was material. This means that if a company fails to disclose a material fact to investors, the Court will assume that investors relied on that information in making their investment decisions. This presumption of reliance makes it easier for investors to bring securities fraud claims against companies that have omitted material information.

In the Case of A(n)__________,the U