Securities Law and Consumer Confidence 1 Unread reply 4 Replies Refer to Chapter 42 and Chapter 46 reading. Answer and discuss the following: When a corporation wishes to issue certain securities, it must provide sufficient information for an unsophisticated investor to evaluate the financial risk involved. Specifically, the law imposes liability for making a false statement or omission that is "material." What sort of information would an investor consider "material" pursuant to the Securities Exchange Act of 1934? Be sure to explain the Act and provide one lawsuit example where material representation or omission amounted to securities fraud in violation of SEC Rule 10b-5. Using the Nexis-Uni Database, research a lawsuit in your home state or neighboring state, of a company, in the last two years, charged with anti-trust violations and explain the facts of the lawsuit, the parties, the law, and what the outcome of the case was. (Do not write on Amazon, Google, Facebook, Qualcomm, Samsung, or Apple.) Be sure to respond to one of your classmates' posts