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
- •&
