Question: If a company's registration statement includes an over appraisal of a key asset, will Section 11 of the Securities Act of 1933 support claims against

If a company's registration statement includes an over appraisal of a key asset, will Section 11 of the Securities Act of 1933 support claims against the company's controller and outside directors, as well as the company and its auditors?

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Under Section 11 the company is strictly liable for any material misstatements or omissions in its registration statement An over appraisal of a key a... View full answer

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