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" ... shall be liable to the person purchasing such security from him, who may sue either at law or in equity in any court of competent jurisdiction, to recover the consideration paid for such security with interest thereon, less the amount of any income... "
Compilation of Securities Laws Within the Jurisdiction of the Committee on ... - Page 14
by United States - 2003 - 930 pages
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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
...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 from him, who...or for damages if he no longer owns the security. I go now to page 7, line 16. Here, Mr. Chairman, we find a power left discretionary with the President,...
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Decisions and Reports, Volume 27

United States. Securities and Exchange Commission - Securities - 1953 - 1110 pages
...the exercise of reasonable care could not have known, of such untruth or omission, shall be liable to the person purchasing such security from him who...less the amount of any income received thereon upon tender of such security, or for damages, if he no longer owns the security. Section 13 of the Act provides,...
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United States Code, Volume 2

United States - Law - 2000 - 1216 pages
...have 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...causation In an action described in subsection (a)(2) of this section. If the person who offered or sold such security proves that any portion or all of...
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United States Code, Volume 2

United States - Law - 1953 - 1692 pages
...the exercise of reasonable care could not have known, of such untruth or omission, shall be liable cturers in that area: Provided, That all necessary...result in additional net cost to the Corporation. In (May 27, 1933, ch. 38, title I, § 12, 48 Stat. 84.) CROSS REFERENCES Information and documents to...
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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
...the exercise of reasonable care could not have known, of such untruth or omission, shall be liable to the person purchasing such security from him, who...or for damages if he no longer owns the security." "Sec. 24 [15 USC, § 77x]. Any person who willfully violates any of the provisions of this title, or...
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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
...that those who participate in proscribed action shall become liable to purchasers of the securities "who may sue either at law or in equity in any court...or for damages if he no longer owns the security." These are the sanctions which Congress has definitely provided in order to insure obedience to the...
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Proposed Amendments to the Securities Act of 1933 and to the Securities ...

United States. Congress. House. Committee on Interstate and Foreign Commerce - 1942 - 1720 pages
...pertinent here, reads: Any person who (1) sells a security in violation of section 5 * * * shall be liable to the person purchasing such security from him, who...or for damages if he no longer owns the security. Now, the word "sells" in that particular provision is, because of the definition contained in section...
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Proposed Amendments to the Securities Act of 1933 and to the ..., Volume 1

United States. Congress. House. Committee on Interstate and Foreign Commerce - Securities - 1942 - 376 pages
...pertinent here, reads : Any person who (1) sells a security in violation of section 5 * * * shall be liable to the person purchasing such security from him, who...or for damages if he no longer owns the security. Now, the word "sells" in that particular provision is, because of the definition contained in section...
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Proposed Amendments to the Securities Act of 1933 and to the ..., Volume 5

United States. Congress. House. Committee on Interstate and Foreign Commerce - Securities - 1942 - 264 pages
...security in violation of section 5 shall be liable to the person purchasing such security from him for the consideration paid for such security with interest...or for damages if he no longer owns the security. "(2) Any person who sells a security (whether or not exempted by the provisions of section 3, other...
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Laws Relating to Securities Commission, Exchanges and Holding Companies ...

United States - Corporation law - 1964 - 356 pages
...the exercise of reasonable care could not have known, or such untruth or omission, shall be liable to the person purchasing such security from him, who...or for damages if he no longer owns the security. LIMITATION OF ACTIONS SEC. 13. No action shall be maintained to enforce any liability created under...
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