
微信扫一扫
实时资讯全掌握
An investor purchased shares of stock in a stock offering under the Securities Act of 1933. The financial statements included in the registration statement contained material misstatements. As a result, the investor incurred a significant loss on the securities. What must the investor prove to possibly recover losses from the CPA firm that audited the financial statements contained in the registration statement? A. Losses and the financial statements were materially misstated. B. Losses and negligence on the part of the CPA. C. Losses and reliance on the financial statements. D. Losses, reliance on the financial statements, and negligence on the part of the CPA. |