fraud-on-the-market
C2CEFR level
95/100Rarity: very rare
TechnicalRegister
Presumption that investors relied on the integrity of a security's market price, sparing them from proving individual reliance in an efficient market.
Class certification rides on fraud-on-the-market, so the defense is throwing everything at market efficiency.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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