Broker-Dealer Litigation - Greenberg Traurig LLP

TABLE OF CONTENTS
Page
A. Definition of a Security........................................................................................................1
B. Liabilities under the Securities Act of 1933 ........................................................................3
1. Section 11.................................................................................................................3
2. Section 12...............................................................................................................24
3. Section 17...............................................................................................................50
C. Liabilities under the Securities Exchange Act of 1934......................................................57
1. Section 10(b) and Rule 10b-5 ................................................................................57
a. Churning ....................................................................................................57
b. Suitability...................................................................................................58
c. Insider Trading...........................................................................................61
d. Misrepresentations/Omissions ...................................................................61
e. Standing .....................................................................................................79
f. Affirmative Defenses.................................................................................83
g. Other ..........................................................................................................94
2. Section 14...............................................................................................................99
3. Section 15(c) ........................................................................................................109
4. Section 16(b)........................................................................................................113
5. Section 17.............................................................................................................116
6. Section 18.............................................................................................................117
7. Section 19(b)........................................................................................................118
8. Margin Violations ................................................................................................119
D. Liabilities under the Securities Litigation Reform Act of 1995 ......................................121
1. Pleading................................................................................................................121
2. Appointment of Lead Plaintiff/Class Counsel .....................................................176
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