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CALIFORNIA CORPORATE & SECURITIES LAW

Die Verwandlung: How The Legislature Likely Raised The Bar On Securities Fraud Actions

With the availability of a private cause of action under SEC Rule 10b-5, is there any reason to include a cause of action under California Corporations Code Sections 25401 and 25501? ¬†Until the most recent legislative session, there were significant differences between the federal rule and the California’s securities laws. California’s scheme has not required…

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