RSA 421-A:14 Civil Liability of Offeror for Violations.

Title: XXXVIII - SECURITIES Chapter: 421-A - DISCLOSURE OF SECURITY TAKEOVERS

I. Any offeror who purchases a security in connection with a takeover offer in violation of this chapter shall be liable to the person selling the security to him, who may sue either at law or in equity. In an action for rescission the seller shall be entitled to recover the security, plus any income received by the purchasers thereon, upon tender of the consideration received. Tender requires only notice of willingness to pay the amount specified in exchange for the security. Any notice may be given by service as in civil actions or by certified mail to the last known address of the person liable. Damages shall be the amount by which either the value of the security on the date of purchase or its present value, whichever is greater, exceeds the present value of the consideration re

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