As part of a stock offering for Equine Corporation,Flem,Equine's accountant,intention?ally misrepresents material facts in the pro?spectus.Gigi buys the stock unaware of the misrepresentation and suf?fers a loss.Flem may be subject to

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Flem may be subject to a fine and imprisonment for securities fraud and may have to pay damages to Gigi for her loss resulting from the misrepresentation.

As Part of a Stock Offering for Equine Corporation,Flem,Equine's Accountant,intention?ally