18.7 Securities-Justifiable Reliance-Fraud-on-the-Market Case is a type of securities fraud claim where a plaintiff alleges that a defendant has made false representations about a security, which has caused the plaintiff to purchase the security at an inflated price. This type of case is based on the concept of "justifiable reliance," meaning that the plaintiff reasonably relied on the defendant's false statements when making the purchase. There are two types of 18.7 Securities-Justifiable Reliance-Fraud-on-the-Market Cases: primary fraud and secondary fraud. In a primary fraud case, the defendant is directly involved in the fraud, while in a secondary fraud case, the defendant is not directly involved in the fraud, but the plaintiff alleges that the defendant should have known about the fraud and taken steps to prevent it.
18.7 Securities-Justifiable Reliance-Fraud-on-the-Market Case is a type of securities fraud claim where a plaintiff alleges that a defendant has made false representations about a security, which has caused the plaintiff to purchase the security at an inflated price. This type of case is based on the concept of "justifiable reliance," meaning that the plaintiff reasonably relied on the defendant's false statements when making the purchase. There are two types of 18.7 Securities-Justifiable Reliance-Fraud-on-the-Market Cases: primary fraud and secondary fraud. In a primary fraud case, the defendant is directly involved in the fraud, while in a secondary fraud case, the defendant is not directly involved in the fraud, but the plaintiff alleges that the defendant should have known about the fraud and taken steps to prevent it.
