Question: When bringing suif against auditors under Section 1 0 , 4 of the Securthes Exchange Act of 1 9 3 4 , plaintifts must allege
When bringing suif against auditors under Section of the Securthes Exchange Act of plaintifts must allege and prove:
Mitiple Choice
the financial statemerts in the offering regitration fing contsined a maserial mitutatement.
audions were aware of material mikstatemerts in the financial atanements.
the plaineifts purchased the specifc securties twough a publcic offering and that have a right to sue.
audmoes were gulty of ordinary negligence and falled to diocover manend misuthements in the financial stabemerrs.
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