A. Introduction

• Library: South Carolina Damages (SCBar) (2009 Ed.)

A. Introduction

This chapter analyzes claims for damages that may be brought under federal or state law in cases involving securities transactions. This is not an exhaustive treatment of all remedies, as it deals only with claims for money damages. Other types of recoveries may be available. For example, claimants in securities cases may be entitled to various types of relief not covered here, such as actions for accountings, injunctions, and the entry of orders voiding contracts or nullifying obligations tied to illegal contracts.¹ Contracts contrary to public policy are...