To Prevail Under Section 11 of the 1933 Securities Act,the

Multiple Choice

To prevail under Section 11 of the 1933 Securities Act,the plaintiff must prove:

A) the registration statement contained a material misstatement or omission; and the plaintiff lost money.
B) the registration statement contained a material misstatement or omission; the auditor acted knowingly or recklessly; and the plaintiff lost money.
C) the registration statement contained a material misstatement or omission; the auditor intended to deceive; and the plaintiff lost money.
D) the registration statement contained a material misstatement or omission; the auditor acted with scienter; and the plaintiff lost money.