522:false:false:false:false:false:false:true:false:false:!858!3458!:false:-1:-1

Rule 10b-5 claims for insider trading.
Add Comment
Contributed in 2008 by David Gold
Law
»
Commerce, labor, particular activities & industries
»
Securities
»
Liability & enforcement
»
Fraud claims
»
SEC Rule 10b-5
»
Substance
»
Liability
»
Primary
»
Types of claims (by types of wrongs)
»
Deceptive conduct claims (Rule 10b-5(a) & (c))
»
Insider trading claims: Rule 10b-5 claims for...

A statement that was false as reasonably understood by the plaintiff is not fraudulent if the speaker understood it, even unreasonably, in a way...
Aiding and abetting is not prohibited under Section 10(b) of the Securities Exchange Act and therefore is not prohibited under Rule 10b-5.
When the United States brings an enforcement action under Rule 10b-5 it need not show reliance, loss, or loss causation.