The following Dispute Resolution Q&A provides comprehensive and up to date legal information covering:
Section 90 of the Financial Services and Markets Act 2000 (FSMA 2000) outlines the requirements for compensation for statements in listing particulars or prospectus’ and FSMA 2000, s 90A establishes a statutory civil liability regime for misleading statements in periodic disclosures to the market by issuers of securities admitted to trading on EEA regulated markets.
FSMA 2000, s 90 states that:
'(1) Any person responsible for listing particulars is liable to pay compensation to a person who has—(a) acquired securities to which the particulars apply; and(b) suffered loss in respect of them as a result of—(i) any untrue or misleading statement in
'(1) Any person responsible for listing particulars is liable to pay compensation to a person who has—
(a) acquired securities to which the particulars apply; and
(b) suffered loss in respect of them as a result of—
(i) any untrue or misleading statement in
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