Several lower federal courts have recently been faced with this issue and have reached conflicting results in their attempts to resolve it. This Note will examine both the problems of statutory interpretation and the policy considerations that are involved in deciding whether punitive damages should be awarded in civil actions based on violations of rule I0b-5.
Michigan Law Review,
Securities Regulation--Damages--The Possibility of Punitive Damages as a Remedy for a Violation of Rule 10b-5,
Mich. L. Rev.
Available at: https://repository.law.umich.edu/mlr/vol68/iss8/4