For a plaintiff to recover damages from an accountant under Section 10(b) of the Securities Exchange Act of 1934, ordinary negligence is not enough.

Question

For a plaintiff to recover damages from an accountant under Section 10(b) of the Securities Exchange Act of 1934, ordinary negligence is not enough.​

Quizplus · Accepted Answer

To recover damages under Section 10(b) of the Securities Exchange Act of 1934, the plaintiff must prove that the accountant engaged in intentional or reckless misconduct, not just ordinary negligence.

For a Plaintiff to Recover Damages from an Accountant Under