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Common Law Negligence
A legal concept that holds individuals liable for harm caused by their failure to act as a reasonably prudent person would under similar circumstances.
Foreseeable User
A person who is reasonably expected to use a product and whom the manufacturer or provider should consider when designing or supplying the product.
Securities Exchange Act of 1934
A U.S. federal law governing the trading of securities in the secondary market, overseeing transactions, requiring disclosure, and aiming to prevent fraud.
Scienter
A legal term referring to the knowledge of wrongdoing, particularly the party's intent to deceive or act fraudulently in securities law.
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