Under Sections 11 and 12 of the Securities Act of 1933, who may sue for untrue or omitted information in a registration statement

Under Sections 11 and 12 of the Securities Act of 1933, who may sue for untrue or omitted information in a registration statement

Under Sections 11 and 12 of the Securities Act of 1933, who may sue for untrue or omitted information in a registration statement 




A) Any person who relied on the information
B) Any person acquiring the security
C) Any person who sustains a loss exceeding $1,000
D) Any person who is a resident of the state of jurisdiction









Answer: B