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Re: instructmba post# 72840

Friday, 11/01/2019 4:43:21 PM

Friday, November 01, 2019 4:43:21 PM

Post# of 96840
I dont see it so much as being about a shareholder getting their money back , but rather as another layer of deterrents to hold securities fraud PARTICIPANTS accountable.

”A divided Supreme Court yesterday ruled that a person may be held liable for securities fraud for passing along false statements in connection with the purchase or sale of securities, even if that person did not "make" the original statement, provided the disseminator knows that the statement is false or misleading.”