Examlex
Which of the following must plaintiffs have in order to sustain a lawsuit in court?
Materiality
Refers to the importance or significance of information, actions, or facts in influencing decisions within a business, legal, or financial context.
Section 11
A provision of the Securities Act of 1933 that holds issuers liable for any material misstatements or omissions in their registration statements.
Securities Act of 1933
A U.S. federal law that regulates the sale of securities to the public, requiring transparency and disclosure to protect investors.
Liability
The state of being legally responsible for something, especially in terms of owing something to someone or for actions causing harm or damage.
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