acted in good faith 11. In order for a plaintiff to recover damages under Section 10(b), he or she must prove that the accountar 9 breached an ordinary duty of care breached the duty of due dilgence Dossed Hide Feedback Incorrect Check My Work Feedback Potential Liability of Accountants under Securities Laws 12. According to the Private Securities Litigation Reform Act of 1995 (PSLRA), an auditor must use adequate procedures in an audit to detect any illegal acts of the company being audited. If something illegal is detected, the auditor must disclose it to the company's board of directors, audit committee, or the SEC. After the PSLRA was passed, parties are subject to extraordinary liability, rather than joint and several liability. However, if an accountant knowingly aids and abets a primary violator, the SEC can seek damages or monetary reimbursement Fill in the blanks with words that would best complete the passage present an injunction absolute prison time ordinary proportional