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	<title>golawintl.com &#187; Mark P. Cawley</title>
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		<title>Should I make a Rescission Offer?</title>
		<link>http://blog.golawintl.com/2009/11/03/should-i-make-a-rescission-offer/</link>
		<comments>http://blog.golawintl.com/2009/11/03/should-i-make-a-rescission-offer/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 15:28:18 +0000</pubDate>
		<dc:creator>Mark P. Cawley</dc:creator>
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		<description><![CDATA[Here is the scenario. A client comes to you and tells you that a year ago he raised a few million from a number of investors in different states. The offering was not registered at the federal or state level. The investors were provided with a business plan. The sponsor is not sure if they were all accredited investors. Another round of investors come in and wants to put in additional capital. The new investors discover the possible securities law violations and want to rid the balance sheet of the potential future liability. The issuer asks you about a rescission offer. How involved is it? What protection from future liability will the issuer get from doing one?


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