Accountants can assert a due diligence defense under Section 11(a)of the Securities Act of 1933.

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Accountants can assert a due diligence defense under Section 11(a) of the Securities Act of 1933, which provides protection if they can prove they conducted a reasonable investigation and had no reason to believe the statements in the registration statement contained any material misstatements or omissions.

Accountants Can Assert a Due Diligence Defense Under Section 11(a)of