Oakland County, Michigan is a county located in the southeastern part of the state. It is home to several cities, including the city of Pontiac, as well as many suburban communities. Oakland County has a population of over 1.2 million residents and covers an area of approximately 907 square miles. Jury Instruction 4.4.2 is specifically related to Rule 10(b)-5(b) of the Securities Exchange Act of 1934, which deals with misrepresentations and omissions of material facts in the context of securities law. This instruction is important in cases where individuals or companies are accused of intentionally misleading investors or the public by making false statements or omitting important information. The jury instruction 4.4.2 provides guidance to the jury about the legal standards they must consider when determining whether the defendant is guilty of violating Rule 10(b)-5(b). It explains that in order to find the defendant liable, the jury must find that: 1. The defendant made a misrepresentation or omitted to state a material fact. 2. The defendant acted with sci enter, meaning that they knew or should have known that the statement or omission was false or misleading. 3. The misrepresentation or omission was made in connection with the purchase or sale of a security. 4. The misrepresentation or omission was relied upon by the plaintiff, or that the plaintiff would not have acted as they did if they had known the truth. 5. The plaintiff suffered damages as a result of the defendant's misrepresentation or omission. In addition to the general jury instruction 4.4.2, there may be variations or specific sub-instructions related to different types of misrepresentations or omissions of material facts. For example, there may be instructions that specifically address cases involving false statements regarding financial performance, the prospects of a company, or the existence of regulatory approvals. These specific instructions would provide further guidance to the jury on the elements that need to be proven in such cases. It is crucial for the jury to carefully consider the evidence presented, including documents, witness testimony, and expert opinions, in order to determine whether the defendant is guilty of misrepresentations or omissions of material facts as defined by Rule 10(b)-5(b). The jury's decision can have significant implications for the parties involved, as it may result in financial penalties, restitution, or other legal consequences.