Explain legal basis for a cause of action against an auditor

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Question 1: Explain the legal basis for a cause of action against an auditor. What are the defenses available to the auditor to rebut such charges.

Question 2: What are the legal requirements for a third party to sue an auditor under Section 10 and Rule 10b-5 of the Securities Exchange Act of 1934?

Reference no: EM132652776

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