negative causation

Securities. The defense that part of the plaintiff’s damages were caused by factors other than the depreciation in value of the securities resulting from registration-statement defects.

• If negative causation is proved, the plaintiff’s damages should be reduced. 15 USCA § 77k(e). [Cases: Securities Regulation 25.21(5). C.J.S. Securities Regulation § 89.]

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词条贡献者

资深法律翻译Patrick，毕业于美国顶尖的高级翻译学院，专注翻译各类与资产管理有关的法律文件。