Explain stock purchaser in a suit against a cpa

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Reference no: EM1368365

Under the fraud provisions of the Securities Exchange Act of 1934, which of the following activities must be proven by a stock purchaser in a suit against a CPA?

I. Intentional conduct by the CPA designed to deceive investors

II. A material misstatement or omission.

a. I only.

b. II only.

c. Both I and II.

d. Neither I nor II.

Reference no: EM1368365

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