Series 24: Liability Arising In Connection With False Registration Statements– Section 11 Of The Securities Act Of 1933

Liability Arising in Connection with False Registration Statements– Section 11 of the Securities Act of 1933

Section 11 of the 1933 Act lays out the consequences for filing a misleading registration statement. Under the Act, investors may sue various parties involved in the registration process of a new offering if there was a material misrepresentation or omission in the registration statement. Defendants may include any party that signed the registration statement including:

• • The issuer
• • The issuer’s executive officers
• • The issuer’s principal accounting officer
• •&