Rule 10b-5 requires that the plaintiff must prove that auditors acted with intent to deceive in order to impose liability.

Name: Rule 10b-5 requires that the plaintiff must prove that auditors acted with intent to deceive in order to impose liability.
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Rule 10b-5, under the Securities Exchange Act of 1934, requires the plaintiff to prove scienter, meaning the auditors acted with intent to deceive, manipulate, or defraud, to establish liability.

Rule 10b-5 Requires That the Plaintiff Must Prove That Auditors