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" ... he did not know, and in the exercise of reasonable care could not have known, of such untruth or omission... "
SEC Legislation, Hearings Before a Subcommittee ...,86-1 on S.1178, S.1179 ... - Page 263
by United States. Congress. Senate. Banking and Currency Committee - 1959 - 640 pages
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Official Gazette, Volume 80, Issues 11-13

Philippines - Law - 1984 - 496 pages
...were made, not misleading, the purchaser not blowing of such untruth or omission and who shall fail in the burden of proof that he did not know, and in the...exercise of reasonable care could not have known, of such untrust or omission shall be liable to the person purchasing such pre-need plans, pension plan, life...
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Neutrality: Hearings Before the Committee on Foreign Relations, Senate, 74th ...

United States. Congress. Senate. Committee on Foreign Relations - Arms control - 1936 - 316 pages
...United States shall be so listed. (c) Any person who sells a security in violation of subsection (a) shall be liable to the person purchasing such security...equity in any court of competent jurisdiction, to recover the consideration paid for such security with interest thereon, less the amount of any income...
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Laws Relating to Securities Commission, Exchanges and Holding Companies

United States - Corporation law - 1938 - 140 pages
...of the circumstances under which they were made, not misleading (the purchaser not knowing of such untruth or omission), and who shall not sustain the...equity in any court of competent jurisdiction, to recover the consideration paid for such security with interest thereon, less the amount of any income...
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Decisions and Reports, Volume 27

United States. Securities and Exchange Commission - Securities - 1953 - 1110 pages
...to make the statements in the light of the circumstances under which they are made not misleading, and who shall not sustain the burden of proof that...equity in any court of competent jurisdiction, to recover the consideration paid for such security with interest thereon, less the amount of any income...
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Decisions and Reports, Volume 38

United States. Securities and Exchange Commission - Securities - 1960 - 996 pages
...omission of a material fact (the purchaser not knowing of such untruth or omission), and who falls to sustain the burden of proof that he did not know,...could not have known, of such untruth or omission. Is liable to a purchaser of such security for the consideration paid. chaser was in fact misled or...
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United States Code, Volume 2

United States - Law - 1953 - 1692 pages
...of the circumstances under which they were made, not misleading (the purchaser not knowing of such xceed three hundred thousand recover the consideration paid for such security with interest thereon, less the amount of any income...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 312

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1941 - 828 pages
...of the circumstances under which they were made, not misleading (the purchaser not knowing of such untruth or omission), and who shall not sustain the...equity in any court of competent jurisdiction, to recover the consideration paid for such security with interest thereon, less the amount of any income...
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United States Reports: Cases Adjudged in the Supreme Court at ..., Volume 312

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - Courts - 1941 - 816 pages
...of the circumstances under which they were made, not misleading (the purchaser not knowing of such untruth or omission), and who shall not sustain the...equity in any court of competent jurisdiction, to recover the consideration paid for such security with interest thereon, less the amount of any income...
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United States Code, Volume 2

United States - Law - 2000 - 1216 pages
...of the circumstances under which they were made, not misleading (the purchaser not knowing of such untruth or omission), and who shall not sustain the...known, of such untruth or omission, shall be liable, subject to subsection (b) of this section, to the person purchasing such security from him, who may...
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Proposed Amendments to the Securities Act of 1933 and to the ..., Volume 3

United States. Congress. House. Committee on Interstate and Foreign Commerce - Securities - 1942 - 348 pages
...light of the circumstances under which they were made not misleading, the purchaser not knowing of such untruth or omission, and who shall not sustain the...know and in the exercise of reasonable care could not know of such untruth or omission." The civil penalty provided is rescission or damages — that is...
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