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Lorenzo v Securities and Exchange Commission

587 U.S. 71 (2019)
JurisdictionUnited States
CourtUS Supreme Court
Year2019
StatusBinding authority

Summary

A person who disseminates false statements with intent to defraud is liable under SEC scheme liability rules even if another person made those statements.

Key Principle

A person who disseminates false statements with intent to defraud can be liable under the SEC scheme liability rules even if someone else made the statements.

Area of Law

securities

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