Which of the following is something that the plaintiff must prove in order for an accountant to be liable for damages under Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934?
A) The accountant was ordinarily negligent.
B) There was a material omission.
C) The security involved was stock.
D) The security was part of an original issuance.
Correct Answer:
Verified
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