Corporate Rescission Offers under the Nebraska Securities Act

Authors

Barry K. Lake, Nebraska Department of Banking and FinanceFollow

Abstract

I. Introduction

II. When the Sale of Corporate Securities Violates the Nebraska Securities Act … A. Violation of the Registration Provision … B. Violation of Anti-Fraud and Disclosure Provisions

III. Necessity of a Rescission Offer When a Sale of Securities Violates the Act … A. Civil Liability … B. Potential Proceedings Brought by the Nebraska Department of Banking and Finance

IV. Rescission Offers under the Nebraska Securities Act … A. Registered Rescission Offers … 1. Registration Statement and Prospectus … 2. Funding the Rescission Offer … 3. Who Must Receive a Rescission Offer? … 4. Amount and Duration of the Rescission Offer … 5. Verification of the Rescission Offer to the Department … B. Rescission Offers Not Registered with the Department

V. Conclusion

Recommended Citation

Barry K. Lake, Corporate Rescission Offers under the Nebraska Securities Act, 58 Neb. L. Rev. 718 (1979)
Available at: https://digitalcommons.unl.edu/nlr/vol58/iss3/5