Court Rules Law Firm That Drafted Documents Was Not A Seller Of Securities
Section 25400(d) of the California Corporations Code declares it unlawful for any broker-dealer or “other person selling or offering for sale” to make a false or misleading statement for the purpose of inducing the purchase or sale of a security if that person knew or had reason to know that the statement was false or misleading. Corporations Code Section 25500, Read more...
