To Be Successful in a Civil Action Under Section 11

To be successful in a civil action under Section 11 of the Securities Act of 1933 concerning liability for a misleading registration statement, the plaintiff must prove

A) The plaintiff's reliance on the registration statement and the defendant's intent to deceive.
B) Neither the plaintiff's reliance on the registration statement nor the defendant's intent to deceive.
C) The plaintiff's reliance on the registration statement but not the defendant's intent to deceive.
D) The defendant's intent to deceive but not the plaintiff's reliance on the registration statement.