In comparison to the burden of proof required of plaintiffs in civil lawsuits against independent auditors under common law, section 10(b) of the Securities Exchange Act of 1934 Solution b. Is the same regarding plaintiffs\' need to prove damages or losses. .

1. In comparison to the burden of proof required of plaintiffs in civil lawsuits against independent
auditors under common law, section 10(b) of the Securities Exchange Act of 1934
a. Does not require that plaintiffs prove their reliance on materially misstated financial
statements.
b. Is the same regarding plaintiffs' need to prove damages or losses.
c. Does not require that plaintiffs prove that relying on the materially misstated financial
statements caused their losses.
d. Is the same regarding plaintiffs' need to establish privity or a beneficiary relationship with
auditors.
Solution
b. Is the same regarding plaintiffs' need to prove damages or losses.