The southern states!
Please give me brainliest. :)
For action brought under Section 10(b)
1.)There was a material misrepresentation or omission
2.) The plaintiff suffered damages
<span>3.) The plaintiff relied on the fraudulent statement and </span>
4.) existence of scienter
<span>Both 10(b) and 10b-5 cover registered and unregistered securities, and not just original issuances.</span>
