480:false:false:false:false:false:false:false:false:false:!:false:-1:-1

There is no private right of action under Rule 10b-5 for mere holders of securities.
Add Comment
Contributed in 2008 & last edited in 2009 by David Gold
Law
»
Commerce, labor, particular activities & industries
»
Securities
»
Liability & enforcement
»
Fraud claims
»
SEC Rule 10b-5
»
Substance
»
Liability
»
Primary
»
Standing for private plaintiffs
»
Buyers & sellers only
»
Not holders: There is no private right...

Statements about the future do not become actionable misstatements under Rule 10b-5 merely because they later turned out to have been incorrect,...
A broker's unauthorized purchase or sale of a security on behalf of a client whose account the broker controls confers standing on the client to...
A presumption of reliance, if it applies, negates individual reliance issues in the predominance inquiry of Federal Rule of Civil Procedure...