Question
please write answers A 10b-5 complaint alleging that a company's false public statements caused the plaintiff to purchase company securities at an artificially inflated price
please write answers
A 10b-5 complaint alleging that a company's false public statements caused the plaintiff to purchase company securities at an artificially inflated price --
- Should be dismissed for failure to allege injury
- States a cause of action for securities fraud
- Will support a securities class action claim
- Should be dismissed for failure to allege fraud
In the Bank Secrecy Act regulations, "structuring" refers to --
- Rewarding business clients with opportunities to invest in "hot" IPOs
- Paying early investors with funds received from late investors
- Creating a syndicate to underwrite a securities offering
- Designing a financial transaction to avoid currency reporting requirements
The DOJ's Yates Memorandum --
1.Requires an admission of personal responsibility in a securities fraud settlement
2.Directs Federal prosecutors to focus on individual culpability
3.Subjects broker-dealers to fiduciary standards in dealing with retail customers
4.Defines scienter requirements for corporate criminal prosecutions
Which of the following is not a "financial institution" for purposes of the Bank Secrecy Act?
- An auto dealership
- A dry cleaner
- An insurance agency
- A gambling casino
Which of the following countries is the source of the greatest number of Foreign Corrupt Practices Act prosecutions by the U.S. Justice Department?
- Brazil
- India
- China
- South Korea
Generally speaking, criminal prosecution for violation of Federal securities laws --
- Requires evidence of wrongful intent
- Can only be brought in Federal court
- Can be brought only against individuals, not companies
- Can be brought only by the Securities Exchange Commission
In United States v. Milikowsky the Court of Appeals for the Second Circuit held that --
- Job creators are never jailed
- A judge may deviate from sentencing guidelines
- Family breadwinners are never jailed
- Only violent criminals get jail sentences
Before instructing his broker to sell shares of his company's common stock, a corporate officer should --
- Verify that the company's insider trading window is open
- File a Rule 144 disclosure statement
- Check to see whether he's purchased any company stock within the last 6 months
- All of the above
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