Which of the following cases upheld the requirement that plaintiffs demonstrate scienter when bringing action under the Securities Exchange Act of 1934?
A) Ernst & Ernst v. Hochfelder.
B) Escott v. BarChris Construction Corp.
C) Smith v. London Assurance Corp.
D) Ultramares.

Question

Quizplus · Accepted Answer

Ernst & Ernst v. Hochfelder is the case that upheld the requirement that plaintiffs demonstrate scienter when bringing action under the Securities Exchange Act of 1934.

Which of the Following Cases Upheld the Requirement That Plaintiffs