Rule 10b-5 of the Securities Exchange Act of 1934 is the most frequently employed statute in securities
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Question:
Rule 10b-5 of the Securities Exchange Act of 1934 is the most frequently employed statute in securities litigation against auditors of public company clients. Base on court rulings since the U.S. Supreme Court decision in Ernst $ Ernst v. Hochfelder, what is necessary for audiotrs to be found guilty under this section of the Act?
Related Book For
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany
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