☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Scienter Requirement

The knowledge element required to establish liability in certain causes of action, particularly securities fraud, requiring proof that the defendant acted with intent to deceive or reckless disregard for the truth.

Etymology: Latin 'scienter' (knowingly) · Category: Securities Law · Source: Ernst & Ernst v. Hochfelder, 425 U.S. 185 (1976)
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