Laws: Cases and Codes : U.S. Code : Title 15 : Section 79p


   
U.S. Code as of: 01/19/04
Section 79p. Misleading statements, penalty; rights and remedies additional to those existing under other laws

      (a) Any person who shall make or cause to be made any statement
    in any application, report, registration statement, or document
    filed pursuant to any provision of this chapter, or any rule,
    regulation, or order thereunder, which statement was at the time
    and in the light of the circumstances under which it was made false
    or misleading with respect to any material fact shall be liable in
    the same manner, to the same extent, and subject to the same
    limitations as provided in section 18 of the Securities Exchange
    Act of 1934 [15 U.S.C. 78r] with respect to an application, report,
    or document filed pursuant to the Securities Exchange Act of 1934
    [15 U.S.C. 78a et seq.].
      (b) The rights and remedies provided by this chapter, except as
    provided in section 79q(b) of this title, shall be in addition to
    any and all other rights and remedies that may exist under the
    Securities Act of 1933, as amended [15 U.S.C. 77a et seq.], or the
    Securities Exchange Act of 1934 [15 U.S.C. 78a et seq.], or
    otherwise at law or in equity; but no person permitted to maintain
    a suit for damages under the provisions of this chapter shall
    recover, through satisfaction of judgment in one or more actions, a
    total amount in excess of his actual damages on account of the act
    complained of.



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