The Texas Securities Act's requirement of"reckless disregard for the truth or the lawmeans that an alleged aider is subject to liability only if it rendered assistance to the seller in the face of a perceived risk that its assistance would facilitate untruthful or illegal activity by the primary violator.
June 27, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Texas Lawyer
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