Which of the Following May Be Sued Under Section 11

Multiple Choice

Which of the following may be sued under Section 11 of the Securities Act of 1933,which provides a remedy for a person who purchases a security pursuant to a misleading registration statement?

A) The underwriters
B) Persons who gave their consent to be named in the registration statement as future directors
C) Both underwriters and persons who gave their consent to be named in the registration statement as future directors
D) Any member of the board of directors as well as underwriters and persons who gave their consent to be named in the registration statement as future directors