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Corporate & Securities Law

: The 10b-5 Daily

Only As Good As Its Giver

By Lyle Roberts

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There is a circuit split on the issue of primary vs. aiding-and-abetting liability. Under the "bright line" test adopted by the Second Circuit, primary liability for securities fraud (as opposed to aiding-and-abetting liability, which is not available in private actions)...

Full post as published by The 10b-5 Daily on November 05, 2010 (boomark / email).

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