US-CA9 · jury_instructions
9th Cir. Model Jury Instr. (Civil) 18.10
Securities—Controlling Person Liability
Under the Securities Exchange Act of 1934, a defendant may be liable if during the period that someone else defrauded the plaintiff, the defendant had the authority to control that person or company.
The plaintiff [name] claims that the defendant [name] is a controlling person and is therefore liable under the securities laws. On this claim, the plaintiff [name] has the burden of proving by a preponderance of the evidence that the defendant [identify the alleged controlling person] possessed, directly or indirectly, the actual power to direct or cause the direction of the management and policies of [identify the alleged controlled person].
Provenance
- Source
- ce9.uscourts.gov
- Retrieved
- 2026-08-20
- Edition
- 2026-08-20
- Content hash
a86e879c0e89a76c81b8ec306da60e380c185715ca98a5dc7ff1fd4bbea18055
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