id	sid	tid	token	lemma	pos
cblr-8481	1	1	microsoft	microsoft	PROPN
cblr-8481	1	2	word	word	PROPN
cblr-8481	1	3	8	8	NUM
cblr-8481	1	4	lieberman	lieberman	NOUN
cblr-8481	1	5	(	(	PUNCT
cblr-8481	1	6	note	note	NOUN
cblr-8481	1	7	)	)	PUNCT
cblr-8481	1	8	(	(	PUNCT
cblr-8481	1	9	ppw	ppw	PROPN
cblr-8481	1	10	)	)	PUNCT
cblr-8481	1	11	(	(	PUNCT
cblr-8481	1	12	2	2	X
cblr-8481	1	13	)	)	PUNCT
cblr-8481	1	14	note	note	NOUN
cblr-8481	1	15	–	–	PUNCT
cblr-8481	1	16	lieberman	lieberman	PROPN
cblr-8481	1	17	6/13/2021	6/13/2021	NUM
cblr-8481	1	18	8:45	8:45	NUM
cblr-8481	1	19	pm	pm	NOUN
cblr-8481	1	20	note	note	NOUN
cblr-8481	1	21	lorenzo	lorenzo	PROPN
cblr-8481	1	22	v.	v.	ADP
cblr-8481	1	23	sec	sec	PROPN
cblr-8481	1	24	and	and	CCONJ
cblr-8481	1	25	the	the	DET
cblr-8481	1	26	expansion	expansion	NOUN
cblr-8481	1	27	of	of	ADP
cblr-8481	1	28	scheme	scheme	NOUN
cblr-8481	1	29	liability	liability	NOUN
cblr-8481	1	30	:	:	PUNCT
cblr-8481	1	31	why	why	SCONJ
cblr-8481	1	32	courts	court	NOUN
cblr-8481	1	33	should	should	AUX
cblr-8481	1	34	implement	implement	VERB
cblr-8481	1	35	a	a	DET
cblr-8481	1	36	“	"	PUNCT
cblr-8481	1	37	modified	modified	ADJ
cblr-8481	1	38	creator	creator	NOUN
cblr-8481	1	39	standard	standard	NOUN
cblr-8481	1	40	”	"	PUNCT
cblr-8481	1	41	jordan	jordan	PROPN
cblr-8481	1	42	lieberman	lieberman	PROPN
cblr-8481	1	43	*	*	PUNCT
cblr-8481	1	44	in	in	ADP
cblr-8481	1	45	march	march	PROPN
cblr-8481	1	46	2019	2019	NUM
cblr-8481	1	47	,	,	PUNCT
cblr-8481	1	48	the	the	DET
cblr-8481	1	49	supreme	supreme	PROPN
cblr-8481	1	50	court	court	PROPN
cblr-8481	1	51	ruled	rule	VERB
cblr-8481	1	52	in	in	ADP
cblr-8481	1	53	lorenzo	lorenzo	PROPN
cblr-8481	1	54	v.	v.	ADP
cblr-8481	1	55	sec	sec	PROPN
cblr-8481	1	56	that	that	SCONJ
cblr-8481	1	57	the	the	DET
cblr-8481	1	58	disseminator	disseminator	NOUN
cblr-8481	1	59	of	of	ADP
cblr-8481	1	60	a	a	DET
cblr-8481	1	61	false	false	ADJ
cblr-8481	1	62	statement	statement	NOUN
cblr-8481	1	63	over	over	ADP
cblr-8481	1	64	email	email	NOUN
cblr-8481	1	65	could	could	AUX
cblr-8481	1	66	be	be	AUX
cblr-8481	1	67	held	hold	VERB
cblr-8481	1	68	primarily	primarily	ADV
cblr-8481	1	69	liable	liable	ADJ
cblr-8481	1	70	for	for	ADP
cblr-8481	1	71	engaging	engage	VERB
cblr-8481	1	72	in	in	ADP
cblr-8481	1	73	a	a	DET
cblr-8481	1	74	scheme	scheme	NOUN
cblr-8481	1	75	to	to	PART
cblr-8481	1	76	defraud	defraud	VERB
cblr-8481	1	77	investors	investor	NOUN
cblr-8481	1	78	under	under	ADP
cblr-8481	1	79	rules	rule	NOUN
cblr-8481	1	80	10b-5(a	10b-5(a	NUM
cblr-8481	1	81	)	)	PUNCT
cblr-8481	1	82	and	and	CCONJ
cblr-8481	1	83	(	(	PUNCT
cblr-8481	1	84	c	c	NOUN
cblr-8481	1	85	)	)	PUNCT
cblr-8481	1	86	.	.	PUNCT
cblr-8481	2	1	the	the	DET
cblr-8481	2	2	decision	decision	NOUN
cblr-8481	2	3	has	have	VERB
cblr-8481	2	4	the	the	DET
cblr-8481	2	5	potential	potential	NOUN
cblr-8481	2	6	to	to	PART
cblr-8481	2	7	upend	upend	VERB
cblr-8481	2	8	the	the	DET
cblr-8481	2	9	court	court	NOUN
cblr-8481	2	10	’s	’s	PART
cblr-8481	2	11	prior	prior	ADJ
cblr-8481	2	12	precedents	precedent	NOUN
cblr-8481	2	13	limiting	limit	VERB
cblr-8481	2	14	the	the	DET
cblr-8481	2	15	scope	scope	NOUN
cblr-8481	2	16	of	of	ADP
cblr-8481	2	17	primary	primary	ADJ
cblr-8481	2	18	liability	liability	NOUN
cblr-8481	2	19	under	under	ADP
cblr-8481	2	20	10b-5	10b-5	NUM
cblr-8481	2	21	,	,	PUNCT
cblr-8481	2	22	as	as	SCONJ
cblr-8481	2	23	the	the	DET
cblr-8481	2	24	court	court	NOUN
cblr-8481	2	25	had	have	AUX
cblr-8481	2	26	previously	previously	ADV
cblr-8481	2	27	ruled	rule	VERB
cblr-8481	2	28	that	that	SCONJ
cblr-8481	2	29	primary	primary	ADJ
cblr-8481	2	30	liability	liability	NOUN
cblr-8481	2	31	under	under	ADP
cblr-8481	2	32	10b-5(b	10b-5(b	NUM
cblr-8481	2	33	)	)	PUNCT
cblr-8481	2	34	should	should	AUX
cblr-8481	2	35	be	be	AUX
cblr-8481	2	36	limited	limit	VERB
cblr-8481	2	37	to	to	ADP
cblr-8481	2	38	the	the	DET
cblr-8481	2	39	attributed	attribute	VERB
cblr-8481	2	40	author	author	NOUN
cblr-8481	2	41	of	of	ADP
cblr-8481	2	42	a	a	DET
cblr-8481	2	43	misstatement	misstatement	NOUN
cblr-8481	2	44	.	.	PUNCT
cblr-8481	3	1	this	this	DET
cblr-8481	3	2	note	note	NOUN
cblr-8481	3	3	argues	argue	VERB
cblr-8481	3	4	for	for	ADP
cblr-8481	3	5	an	an	DET
cblr-8481	3	6	expansive	expansive	ADJ
cblr-8481	3	7	reading	reading	NOUN
cblr-8481	3	8	of	of	ADP
cblr-8481	3	9	lorenzo	lorenzo	NOUN
cblr-8481	3	10	,	,	PUNCT
cblr-8481	3	11	adopting	adopt	VERB
cblr-8481	3	12	a	a	DET
cblr-8481	3	13	“	"	PUNCT
cblr-8481	3	14	modified	modified	ADJ
cblr-8481	3	15	creator	creator	NOUN
cblr-8481	3	16	standard	standard	NOUN
cblr-8481	3	17	”	"	PUNCT
cblr-8481	3	18	that	that	PRON
cblr-8481	3	19	would	would	AUX
cblr-8481	3	20	expand	expand	VERB
cblr-8481	3	21	primary	primary	ADJ
cblr-8481	3	22	liability	liability	NOUN
cblr-8481	3	23	under	under	ADP
cblr-8481	3	24	10b-5(a	10b-5(a	NUM
cblr-8481	3	25	)	)	PUNCT
cblr-8481	3	26	and	and	CCONJ
cblr-8481	3	27	(	(	PUNCT
cblr-8481	3	28	c	c	X
cblr-8481	3	29	)	)	PUNCT
cblr-8481	3	30	to	to	PART
cblr-8481	3	31	include	include	VERB
cblr-8481	3	32	a	a	DET
cblr-8481	3	33	subset	subset	NOUN
cblr-8481	3	34	of	of	ADP
cblr-8481	3	35	participants	participant	NOUN
cblr-8481	3	36	in	in	ADP
cblr-8481	3	37	the	the	DET
cblr-8481	3	38	creation	creation	NOUN
cblr-8481	3	39	and	and	CCONJ
cblr-8481	3	40	dissemination	dissemination	NOUN
cblr-8481	3	41	of	of	ADP
cblr-8481	3	42	a	a	DET
cblr-8481	3	43	misstatement	misstatement	NOUN
cblr-8481	3	44	beyond	beyond	ADP
cblr-8481	3	45	its	its	PRON
cblr-8481	3	46	attributed	attribute	VERB
cblr-8481	3	47	author	author	NOUN
cblr-8481	3	48	.	.	PUNCT
cblr-8481	4	1	the	the	DET
cblr-8481	4	2	goal	goal	NOUN
cblr-8481	4	3	of	of	ADP
cblr-8481	4	4	this	this	DET
cblr-8481	4	5	approach	approach	NOUN
cblr-8481	4	6	is	be	AUX
cblr-8481	4	7	to	to	PART
cblr-8481	4	8	ensure	ensure	VERB
cblr-8481	4	9	that	that	SCONJ
cblr-8481	4	10	culpable	culpable	ADJ
cblr-8481	4	11	actors	actor	NOUN
cblr-8481	4	12	can	can	AUX
cblr-8481	4	13	not	not	PART
cblr-8481	4	14	escape	escape	VERB
cblr-8481	4	15	liability	liability	NOUN
cblr-8481	4	16	while	while	SCONJ
cblr-8481	4	17	also	also	ADV
cblr-8481	4	18	preserving	preserve	VERB
cblr-8481	4	19	the	the	DET
cblr-8481	4	20	supreme	supreme	PROPN
cblr-8481	4	21	court	court	PROPN
cblr-8481	4	22	’s	’s	PART
cblr-8481	4	23	emphasis	emphasis	NOUN
cblr-8481	4	24	on	on	ADP
cblr-8481	4	25	the	the	DET
cblr-8481	4	26	distinction	distinction	NOUN
cblr-8481	4	27	between	between	ADP
cblr-8481	4	28	primary	primary	ADJ
cblr-8481	4	29	and	and	CCONJ
cblr-8481	4	30	secondary	secondary	ADJ
cblr-8481	4	31	liability	liability	NOUN
cblr-8481	4	32	under	under	ADP
cblr-8481	4	33	rule	rule	NOUN
cblr-8481	4	34	10b-5	10b-5	NUM
cblr-8481	4	35	.	.	PUNCT
cblr-8481	5	1	i.	i.	NOUN
cblr-8481	5	2	introduction	introduction	NOUN
cblr-8481	5	3	...............................................................	...............................................................	PUNCT
cblr-8481	5	4	354	354	NUM
cblr-8481	5	5	ii	ii	NOUN
cblr-8481	5	6	.	.	PUNCT
cblr-8481	6	1	background	background	NOUN
cblr-8481	6	2	on	on	ADP
cblr-8481	6	3	rule	rule	NOUN
cblr-8481	6	4	10b-5	10b-5	NUM
cblr-8481	6	5	and	and	CCONJ
cblr-8481	6	6	the	the	DET
cblr-8481	6	7	private	private	ADJ
cblr-8481	6	8	right	right	NOUN
cblr-8481	6	9	of	of	ADP
cblr-8481	6	10	action	action	NOUN
cblr-8481	6	11	.........................................................................	.........................................................................	PUNCT
cblr-8481	7	1	356	356	NUM
cblr-8481	7	2	*	*	PUNCT
cblr-8481	7	3	j.d	j.d	PROPN
cblr-8481	7	4	.	.	PROPN
cblr-8481	7	5	columbia	columbia	PROPN
cblr-8481	7	6	law	law	PROPN
cblr-8481	7	7	school	school	NOUN
cblr-8481	7	8	‘	'	PUNCT
cblr-8481	7	9	21	21	NUM
cblr-8481	7	10	.	.	PUNCT
cblr-8481	8	1	i	i	PRON
cblr-8481	8	2	would	would	AUX
cblr-8481	8	3	like	like	VERB
cblr-8481	8	4	to	to	PART
cblr-8481	8	5	thank	thank	VERB
cblr-8481	8	6	my	my	PRON
cblr-8481	8	7	note	note	NOUN
cblr-8481	8	8	advisor	advisor	PROPN
cblr-8481	8	9	joshua	joshua	PROPN
cblr-8481	8	10	mitts	mitt	VERB
cblr-8481	8	11	for	for	ADP
cblr-8481	8	12	his	his	PRON
cblr-8481	8	13	guidance	guidance	NOUN
cblr-8481	8	14	and	and	CCONJ
cblr-8481	8	15	to	to	ADP
cblr-8481	8	16	my	my	PRON
cblr-8481	8	17	family	family	NOUN
cblr-8481	8	18	for	for	ADP
cblr-8481	8	19	their	their	PRON
cblr-8481	8	20	support	support	NOUN
cblr-8481	8	21	.	.	PUNCT
cblr-8481	9	1	i	i	PRON
cblr-8481	9	2	also	also	ADV
cblr-8481	9	3	would	would	AUX
cblr-8481	9	4	like	like	VERB
cblr-8481	9	5	to	to	PART
cblr-8481	9	6	thank	thank	VERB
cblr-8481	9	7	the	the	DET
cblr-8481	9	8	staff	staff	NOUN
cblr-8481	9	9	attorneys	attorney	NOUN
cblr-8481	9	10	at	at	ADP
cblr-8481	9	11	sec	sec	PROPN
cblr-8481	9	12	’s	’s	PART
cblr-8481	9	13	new	new	PROPN
cblr-8481	9	14	york	york	PROPN
cblr-8481	9	15	regional	regional	PROPN
cblr-8481	9	16	office	office	PROPN
cblr-8481	9	17	(	(	PUNCT
cblr-8481	9	18	nyro	nyro	PROPN
cblr-8481	9	19	)	)	PUNCT
cblr-8481	9	20	,	,	PUNCT
cblr-8481	9	21	where	where	SCONJ
cblr-8481	9	22	i	i	PRON
cblr-8481	9	23	interned	intern	VERB
cblr-8481	9	24	in	in	ADP
cblr-8481	9	25	2019	2019	NUM
cblr-8481	9	26	,	,	PUNCT
cblr-8481	9	27	as	as	SCONJ
cblr-8481	9	28	my	my	PRON
cblr-8481	9	29	experience	experience	NOUN
cblr-8481	9	30	working	work	VERB
cblr-8481	9	31	with	with	ADP
cblr-8481	9	32	them	they	PRON
cblr-8481	9	33	provided	provide	VERB
cblr-8481	9	34	the	the	DET
cblr-8481	9	35	inspiration	inspiration	NOUN
cblr-8481	9	36	for	for	ADP
cblr-8481	9	37	this	this	DET
cblr-8481	9	38	note	note	NOUN
cblr-8481	9	39	topic	topic	NOUN
cblr-8481	9	40	.	.	PUNCT
cblr-8481	10	1	i	i	PRON
cblr-8481	10	2	lastly	lastly	ADV
cblr-8481	10	3	would	would	AUX
cblr-8481	10	4	like	like	VERB
cblr-8481	10	5	to	to	PART
cblr-8481	10	6	thank	thank	VERB
cblr-8481	10	7	my	my	PRON
cblr-8481	10	8	editors	editor	NOUN
cblr-8481	10	9	at	at	ADP
cblr-8481	10	10	the	the	DET
cblr-8481	10	11	columbia	columbia	PROPN
cblr-8481	10	12	business	business	PROPN
cblr-8481	10	13	law	law	PROPN
cblr-8481	10	14	review	review	NOUN
cblr-8481	10	15	for	for	ADP
cblr-8481	10	16	their	their	PRON
cblr-8481	10	17	helpful	helpful	ADJ
cblr-8481	10	18	feedback	feedback	NOUN
cblr-8481	10	19	.	.	PUNCT
cblr-8481	11	1	note	note	NOUN
cblr-8481	11	2	–	–	PUNCT
cblr-8481	11	3	lieberman	lieberman	PROPN
cblr-8481	12	1	6/13/2021	6/13/2021	NUM
cblr-8481	12	2	8:45	8:45	NUM
cblr-8481	12	3	pm	pm	NOUN
cblr-8481	12	4	no	no	INTJ
cblr-8481	12	5	.	.	PUNCT
cblr-8481	13	1	1:352	1:352	NUM
cblr-8481	13	2	]	]	X
cblr-8481	13	3	lorenzo	lorenzo	PROPN
cblr-8481	13	4	v.	v.	ADP
cblr-8481	13	5	sec	sec	PROPN
cblr-8481	13	6	and	and	CCONJ
cblr-8481	13	7	the	the	DET
cblr-8481	13	8	expansion	expansion	NOUN
cblr-8481	13	9	of	of	ADP
cblr-8481	13	10	scheme	scheme	NOUN
cblr-8481	13	11	liability	liability	NOUN
cblr-8481	13	12	353	353	NUM
cblr-8481	13	13	a.	a.	NOUN
cblr-8481	13	14	the	the	DET
cblr-8481	13	15	origins	origin	NOUN
cblr-8481	13	16	of	of	ADP
cblr-8481	13	17	rule	rule	NOUN
cblr-8481	13	18	10b-5	10b-5	NUM
cblr-8481	13	19	...................................	...................................	SYM
cblr-8481	13	20	357	357	NUM
cblr-8481	13	21	b.	b.	NOUN
cblr-8481	13	22	limiting	limit	VERB
cblr-8481	13	23	the	the	DET
cblr-8481	13	24	scope	scope	NOUN
cblr-8481	13	25	of	of	ADP
cblr-8481	13	26	the	the	DET
cblr-8481	13	27	private	private	ADJ
cblr-8481	13	28	right	right	NOUN
cblr-8481	13	29	of	of	ADP
cblr-8481	13	30	action	action	NOUN
cblr-8481	13	31	.....................................................	.....................................................	PUNCT
cblr-8481	14	1	359	359	NUM
cblr-8481	14	2	c.	c.	NOUN
cblr-8481	14	3	the	the	DET
cblr-8481	14	4	janus	janus	PROPN
cblr-8481	14	5	decision	decision	NOUN
cblr-8481	14	6	.............................................	.............................................	PUNCT
cblr-8481	14	7	362	362	NUM
cblr-8481	14	8	d.	d.	NOUN
cblr-8481	14	9	the	the	DET
cblr-8481	14	10	fallout	fallout	NOUN
cblr-8481	14	11	from	from	ADP
cblr-8481	14	12	janus	janus	PROPN
cblr-8481	14	13	and	and	CCONJ
cblr-8481	14	14	the	the	DET
cblr-8481	14	15	lead	lead	NOUN
cblr-8481	14	16	-	-	PUNCT
cblr-8481	14	17	up	up	NOUN
cblr-8481	14	18	to	to	PART
cblr-8481	14	19	lorenzo	lorenzo	VERB
cblr-8481	14	20	............................................................	............................................................	PUNCT
cblr-8481	15	1	366	366	NUM
cblr-8481	15	2	iii	iii	NOUN
cblr-8481	15	3	.	.	PUNCT
cblr-8481	16	1	the	the	DET
cblr-8481	16	2	lorenzo	lorenzo	PROPN
cblr-8481	16	3	decision	decision	NOUN
cblr-8481	16	4	..................................................	..................................................	PUNCT
cblr-8481	16	5	368	368	NUM
cblr-8481	16	6	a.	a.	NOUN
cblr-8481	16	7	facts	fact	NOUN
cblr-8481	16	8	of	of	ADP
cblr-8481	16	9	lorenzo	lorenzo	NOUN
cblr-8481	16	10	v.	v.	ADP
cblr-8481	16	11	sec	sec	PROPN
cblr-8481	16	12	and	and	CCONJ
cblr-8481	16	13	lower	low	ADJ
cblr-8481	16	14	court	court	NOUN
cblr-8481	16	15	decisions	decision	NOUN
cblr-8481	16	16	..............................................................	..............................................................	PUNCT
cblr-8481	16	17	368	368	NUM
cblr-8481	16	18	b.	b.	PROPN
cblr-8481	16	19	justice	justice	PROPN
cblr-8481	16	20	breyer	breyer	PROPN
cblr-8481	16	21	’s	’s	PART
cblr-8481	16	22	majority	majority	NOUN
cblr-8481	16	23	opinion	opinion	NOUN
cblr-8481	16	24	......................	......................	PUNCT
cblr-8481	16	25	371	371	NUM
cblr-8481	16	26	c.	c.	PROPN
cblr-8481	16	27	justice	justice	PROPN
cblr-8481	16	28	thomas	thomas	PROPN
cblr-8481	16	29	’s	’s	PART
cblr-8481	16	30	dissent	dissent	NOUN
cblr-8481	16	31	....................................	....................................	PUNCT
cblr-8481	16	32	374	374	NUM
cblr-8481	16	33	d.	d.	NOUN
cblr-8481	16	34	the	the	DET
cblr-8481	16	35	legal	legal	ADJ
cblr-8481	16	36	community	community	NOUN
cblr-8481	16	37	’s	’s	PART
cblr-8481	16	38	reaction	reaction	NOUN
cblr-8481	16	39	to	to	PART
cblr-8481	16	40	lorenzo	lorenzo	VERB
cblr-8481	16	41	.....	.....	PUNCT
cblr-8481	16	42	377	377	NUM
cblr-8481	16	43	iv	iv	NOUN
cblr-8481	16	44	.	.	PUNCT
cblr-8481	16	45	defining	define	VERB
cblr-8481	16	46	the	the	DET
cblr-8481	16	47	“	"	PUNCT
cblr-8481	16	48	modified	modified	ADJ
cblr-8481	16	49	creator	creator	NOUN
cblr-8481	16	50	standard	standard	NOUN
cblr-8481	16	51	”	"	PUNCT
cblr-8481	16	52	................	................	PUNCT
cblr-8481	16	53	381	381	NUM
cblr-8481	16	54	a.	a.	NOUN
cblr-8481	16	55	why	why	SCONJ
cblr-8481	16	56	choose	choose	VERB
cblr-8481	16	57	the	the	DET
cblr-8481	16	58	“	"	PUNCT
cblr-8481	16	59	creator	creator	NOUN
cblr-8481	16	60	standard	standard	NOUN
cblr-8481	16	61	”	"	PUNCT
cblr-8481	16	62	as	as	ADP
cblr-8481	16	63	the	the	DET
cblr-8481	16	64	framework	framework	NOUN
cblr-8481	16	65	?	?	PUNCT
cblr-8481	16	66	.........................................................	.........................................................	PUNCT
cblr-8481	17	1	382	382	NUM
cblr-8481	17	2	b.	b.	NOUN
cblr-8481	17	3	the	the	DET
cblr-8481	17	4	textual	textual	ADJ
cblr-8481	17	5	justification	justification	NOUN
cblr-8481	17	6	from	from	ADP
cblr-8481	17	7	lorenzo	lorenzo	NOUN
cblr-8481	17	8	for	for	ADP
cblr-8481	17	9	adopting	adopt	VERB
cblr-8481	17	10	the	the	DET
cblr-8481	17	11	test	test	NOUN
cblr-8481	17	12	................................................	................................................	PUNCT
cblr-8481	17	13	386	386	NUM
cblr-8481	17	14	c.	c.	NOUN
cblr-8481	17	15	the	the	DET
cblr-8481	17	16	contours	contours	NOUN
cblr-8481	17	17	of	of	ADP
cblr-8481	17	18	the	the	DET
cblr-8481	17	19	“	"	PUNCT
cblr-8481	17	20	modified	modified	ADJ
cblr-8481	17	21	creator	creator	NOUN
cblr-8481	17	22	standard	standard	NOUN
cblr-8481	17	23	”	"	PUNCT
cblr-8481	17	24	…	…	PUNCT
cblr-8481	17	25	.	.	PUNCT
cblr-8481	17	26	........................................................	........................................................	PUNCT
cblr-8481	18	1	389	389	NUM
cblr-8481	18	2	1	1	NUM
cblr-8481	18	3	.	.	PUNCT
cblr-8481	18	4	who	who	PRON
cblr-8481	18	5	is	be	AUX
cblr-8481	18	6	a	a	DET
cblr-8481	18	7	“	"	PUNCT
cblr-8481	18	8	creator	creator	NOUN
cblr-8481	18	9	”	"	PUNCT
cblr-8481	18	10	?	?	PUNCT
cblr-8481	18	11	.........................................	.........................................	PUNCT
cblr-8481	19	1	390	390	NUM
cblr-8481	19	2	2	2	NUM
cblr-8481	19	3	.	.	PUNCT
cblr-8481	19	4	why	why	SCONJ
cblr-8481	19	5	these	these	DET
cblr-8481	19	6	“	"	PUNCT
cblr-8481	19	7	creators	creator	NOUN
cblr-8481	19	8	”	"	PUNCT
cblr-8481	19	9	?	?	PUNCT
cblr-8481	19	10	....................................	....................................	PUNCT
cblr-8481	19	11	392	392	NUM
cblr-8481	19	12	3	3	NUM
cblr-8481	19	13	.	.	NOUN
cblr-8481	19	14	scienter	scienter	NOUN
cblr-8481	19	15	under	under	ADP
cblr-8481	19	16	the	the	DET
cblr-8481	19	17	“	"	PUNCT
cblr-8481	19	18	modified	modified	ADJ
cblr-8481	19	19	creator	creator	NOUN
cblr-8481	19	20	standard	standard	NOUN
cblr-8481	19	21	”	"	PUNCT
cblr-8481	19	22	........................................................	........................................................	PUNCT
cblr-8481	20	1	395	395	NUM
cblr-8481	20	2	v.	v.	ADP
cblr-8481	20	3	the	the	DET
cblr-8481	20	4	“	"	PUNCT
cblr-8481	20	5	modified	modified	ADJ
cblr-8481	20	6	creator	creator	NOUN
cblr-8481	20	7	standard	standard	NOUN
cblr-8481	20	8	”	"	PUNCT
cblr-8481	20	9	and	and	CCONJ
cblr-8481	20	10	the	the	DET
cblr-8481	20	11	private	private	ADJ
cblr-8481	20	12	right	right	NOUN
cblr-8481	20	13	of	of	ADP
cblr-8481	20	14	action	action	NOUN
cblr-8481	20	15	.....................................................................	.....................................................................	PUNCT
cblr-8481	20	16	398	398	NUM
cblr-8481	20	17	a.	a.	NOUN
cblr-8481	20	18	criticisms	criticism	NOUN
cblr-8481	20	19	of	of	ADP
cblr-8481	20	20	the	the	DET
cblr-8481	20	21	private	private	ADJ
cblr-8481	20	22	right	right	NOUN
cblr-8481	20	23	of	of	ADP
cblr-8481	20	24	action	action	NOUN
cblr-8481	20	25	............	............	PUNCT
cblr-8481	20	26	398	398	NUM
cblr-8481	20	27	b.	b.	NOUN
cblr-8481	20	28	the	the	DET
cblr-8481	20	29	“	"	PUNCT
cblr-8481	20	30	modified	modified	ADJ
cblr-8481	20	31	creator	creator	NOUN
cblr-8481	20	32	standard	standard	NOUN
cblr-8481	20	33	”	"	PUNCT
cblr-8481	20	34	as	as	ADP
cblr-8481	20	35	an	an	DET
cblr-8481	20	36	effective	effective	ADJ
cblr-8481	20	37	fraud	fraud	NOUN
cblr-8481	20	38	deterrent	deterrent	NOUN
cblr-8481	20	39	..................................................	..................................................	PUNCT
cblr-8481	20	40	402	402	NUM
cblr-8481	20	41	c.	c.	NOUN
cblr-8481	20	42	guardrails	guardrail	NOUN
cblr-8481	20	43	against	against	ADP
cblr-8481	20	44	vexatious	vexatious	ADJ
cblr-8481	20	45	litigation	litigation	NOUN
cblr-8481	20	46	and	and	CCONJ
cblr-8481	20	47	the	the	DET
cblr-8481	20	48	issue	issue	NOUN
cblr-8481	20	49	of	of	ADP
cblr-8481	20	50	reliance	reliance	NOUN
cblr-8481	20	51	..................................................	..................................................	PUNCT
cblr-8481	21	1	406	406	NUM
cblr-8481	21	2	vi	vi	NOUN
cblr-8481	21	3	.	.	PUNCT
cblr-8481	22	1	the	the	DET
cblr-8481	22	2	“	"	PUNCT
cblr-8481	22	3	modified	modified	ADJ
cblr-8481	22	4	creator	creator	NOUN
cblr-8481	22	5	standard	standard	NOUN
cblr-8481	22	6	”	"	PUNCT
cblr-8481	22	7	and	and	CCONJ
cblr-8481	22	8	sec	sec	PROPN
cblr-8481	22	9	enforcement	enforcement	NOUN
cblr-8481	22	10	...............................................................	...............................................................	PUNCT
cblr-8481	23	1	410	410	NUM
cblr-8481	23	2	vii	vii	PROPN
cblr-8481	23	3	.	.	PUNCT
cblr-8481	23	4	conclusion	conclusion	NOUN
cblr-8481	23	5	..................................................................	..................................................................	PUNCT
cblr-8481	24	1	415	415	NUM
cblr-8481	24	2	note	note	VERB
cblr-8481	24	3	lieberman	lieberman	PROPN
cblr-8481	24	4	6/13/2021	6/13/2021	NUM
cblr-8481	24	5	8:45	8:45	NUM
cblr-8481	24	6	pm	pm	NOUN
cblr-8481	24	7	354	354	NUM
cblr-8481	24	8	columbia	columbia	PROPN
cblr-8481	24	9	business	business	NOUN
cblr-8481	24	10	law	law	PROPN
cblr-8481	24	11	review	review	NOUN
cblr-8481	24	12	[	[	X
cblr-8481	24	13	vol	vol	NOUN
cblr-8481	24	14	.	.	NOUN
cblr-8481	24	15	2021	2021	NUM
cblr-8481	24	16	i.	i.	NOUN
cblr-8481	24	17	introduction	introduction	NOUN
cblr-8481	24	18	securities	securities	PROPN
cblr-8481	24	19	and	and	CCONJ
cblr-8481	24	20	exchange	exchange	PROPN
cblr-8481	24	21	commission	commission	PROPN
cblr-8481	24	22	(	(	PUNCT
cblr-8481	24	23	sec	sec	PROPN
cblr-8481	24	24	)	)	PUNCT
cblr-8481	24	25	rule	rule	NOUN
cblr-8481	24	26	10b-51	10b-51	NUM
cblr-8481	24	27	is	be	AUX
cblr-8481	24	28	arguably	arguably	ADV
cblr-8481	24	29	the	the	DET
cblr-8481	24	30	most	most	ADV
cblr-8481	24	31	important	important	ADJ
cblr-8481	24	32	regulation	regulation	NOUN
cblr-8481	24	33	in	in	ADP
cblr-8481	24	34	all	all	PRON
cblr-8481	24	35	of	of	ADP
cblr-8481	24	36	securities	security	NOUN
cblr-8481	24	37	law	law	NOUN
cblr-8481	24	38	,	,	PUNCT
cblr-8481	24	39	as	as	SCONJ
cblr-8481	24	40	it	it	PRON
cblr-8481	24	41	is	be	AUX
cblr-8481	24	42	the	the	DET
cblr-8481	24	43	primary	primary	ADJ
cblr-8481	24	44	tool	tool	NOUN
cblr-8481	24	45	used	use	VERB
cblr-8481	24	46	to	to	PART
cblr-8481	24	47	hold	hold	VERB
cblr-8481	24	48	perpetrators	perpetrator	NOUN
cblr-8481	24	49	of	of	ADP
cblr-8481	24	50	securities	security	NOUN
cblr-8481	24	51	fraud	fraud	NOUN
cblr-8481	24	52	liable	liable	ADJ
cblr-8481	24	53	for	for	ADP
cblr-8481	24	54	their	their	PRON
cblr-8481	24	55	misconduct.2	misconduct.2	PROPN
cblr-8481	24	56	subsection	subsection	NOUN
cblr-8481	24	57	(	(	PUNCT
cblr-8481	24	58	b	b	NOUN
cblr-8481	24	59	)	)	PUNCT
cblr-8481	24	60	of	of	ADP
cblr-8481	24	61	the	the	DET
cblr-8481	24	62	rule	rule	NOUN
cblr-8481	24	63	makes	make	VERB
cblr-8481	24	64	it	it	PRON
cblr-8481	24	65	unlawful	unlawful	ADJ
cblr-8481	24	66	to	to	PART
cblr-8481	24	67	provide	provide	VERB
cblr-8481	24	68	false	false	ADJ
cblr-8481	24	69	or	or	CCONJ
cblr-8481	24	70	misleading	misleading	ADJ
cblr-8481	24	71	information	information	NOUN
cblr-8481	24	72	(	(	PUNCT
cblr-8481	24	73	whether	whether	SCONJ
cblr-8481	24	74	by	by	ADP
cblr-8481	24	75	lying	lie	VERB
cblr-8481	24	76	or	or	CCONJ
cblr-8481	24	77	by	by	ADP
cblr-8481	24	78	omission	omission	NOUN
cblr-8481	24	79	)	)	PUNCT
cblr-8481	24	80	to	to	ADP
cblr-8481	24	81	investors	investor	NOUN
cblr-8481	24	82	,	,	PUNCT
cblr-8481	24	83	the	the	DET
cblr-8481	24	84	government	government	NOUN
cblr-8481	24	85	,	,	PUNCT
cblr-8481	24	86	or	or	CCONJ
cblr-8481	24	87	the	the	DET
cblr-8481	24	88	public	public	NOUN
cblr-8481	24	89	when	when	SCONJ
cblr-8481	24	90	it	it	PRON
cblr-8481	24	91	relates	relate	VERB
cblr-8481	24	92	to	to	ADP
cblr-8481	24	93	the	the	DET
cblr-8481	24	94	purchase	purchase	NOUN
cblr-8481	24	95	or	or	CCONJ
cblr-8481	24	96	sale	sale	NOUN
cblr-8481	24	97	of	of	ADP
cblr-8481	24	98	securities.3	securities.3	PROPN
cblr-8481	24	99	it	it	PRON
cblr-8481	24	100	is	be	AUX
cblr-8481	24	101	commonly	commonly	ADV
cblr-8481	24	102	invoked	invoke	VERB
cblr-8481	24	103	in	in	ADP
cblr-8481	24	104	suits	suit	NOUN
cblr-8481	24	105	brought	bring	VERB
cblr-8481	24	106	by	by	ADP
cblr-8481	24	107	both	both	DET
cblr-8481	24	108	private	private	ADJ
cblr-8481	24	109	actors	actor	NOUN
cblr-8481	24	110	and	and	CCONJ
cblr-8481	24	111	the	the	DET
cblr-8481	24	112	sec.4	sec.4	NOUN
cblr-8481	24	113	however	however	ADV
cblr-8481	24	114	,	,	PUNCT
cblr-8481	24	115	despite	despite	SCONJ
cblr-8481	24	116	the	the	DET
cblr-8481	24	117	straightforward	straightforward	ADJ
cblr-8481	24	118	language	language	NOUN
cblr-8481	24	119	of	of	ADP
cblr-8481	24	120	the	the	DET
cblr-8481	24	121	regulation	regulation	NOUN
cblr-8481	24	122	,	,	PUNCT
cblr-8481	24	123	federal	federal	ADJ
cblr-8481	24	124	courts	court	NOUN
cblr-8481	24	125	have	have	AUX
cblr-8481	24	126	provided	provide	VERB
cblr-8481	24	127	a	a	DET
cblr-8481	24	128	gloss	gloss	NOUN
cblr-8481	24	129	on	on	ADP
cblr-8481	24	130	both	both	PRON
cblr-8481	24	131	its	its	PRON
cblr-8481	24	132	meaning	meaning	NOUN
cblr-8481	24	133	and	and	CCONJ
cblr-8481	24	134	its	its	PRON
cblr-8481	24	135	scope	scope	NOUN
cblr-8481	24	136	that	that	PRON
cblr-8481	24	137	is	be	AUX
cblr-8481	24	138	sometimes	sometimes	ADV
cblr-8481	24	139	counterintuitive	counterintuitive	ADJ
cblr-8481	24	140	or	or	CCONJ
cblr-8481	24	141	,	,	PUNCT
cblr-8481	24	142	at	at	ADP
cblr-8481	24	143	least	least	ADJ
cblr-8481	24	144	,	,	PUNCT
cblr-8481	24	145	not	not	PART
cblr-8481	24	146	apparent	apparent	ADJ
cblr-8481	24	147	from	from	ADP
cblr-8481	24	148	the	the	DET
cblr-8481	24	149	text	text	NOUN
cblr-8481	24	150	itself	itself	PRON
cblr-8481	24	151	.	.	PUNCT
cblr-8481	25	1	in	in	ADP
cblr-8481	25	2	the	the	DET
cblr-8481	25	3	2011	2011	NUM
cblr-8481	25	4	case	case	NOUN
cblr-8481	25	5	janus	janus	PROPN
cblr-8481	25	6	capital	capital	PROPN
cblr-8481	25	7	group	group	PROPN
cblr-8481	25	8	v.	v.	ADP
cblr-8481	25	9	first	first	ADJ
cblr-8481	25	10	derivative	derivative	ADJ
cblr-8481	25	11	traders	trader	NOUN
cblr-8481	25	12	,	,	PUNCT
cblr-8481	25	13	the	the	DET
cblr-8481	25	14	supreme	supreme	PROPN
cblr-8481	25	15	court	court	PROPN
cblr-8481	25	16	defined	define	VERB
cblr-8481	25	17	the	the	DET
cblr-8481	25	18	“	"	PUNCT
cblr-8481	25	19	maker	maker	NOUN
cblr-8481	25	20	”	"	PUNCT
cblr-8481	25	21	of	of	ADP
cblr-8481	25	22	a	a	DET
cblr-8481	25	23	fraudulent	fraudulent	ADJ
cblr-8481	25	24	statement	statement	NOUN
cblr-8481	25	25	under	under	ADP
cblr-8481	25	26	10b-5(b	10b-5(b	NUM
cblr-8481	25	27	)	)	PUNCT
cblr-8481	25	28	as	as	ADP
cblr-8481	25	29	“	"	PUNCT
cblr-8481	25	30	the	the	DET
cblr-8481	25	31	person	person	NOUN
cblr-8481	25	32	or	or	CCONJ
cblr-8481	25	33	entity	entity	NOUN
cblr-8481	25	34	with	with	ADP
cblr-8481	25	35	ultimate	ultimate	ADJ
cblr-8481	25	36	authority	authority	NOUN
cblr-8481	25	37	over	over	ADP
cblr-8481	25	38	the	the	DET
cblr-8481	25	39	statement	statement	NOUN
cblr-8481	25	40	,	,	PUNCT
cblr-8481	25	41	including	include	VERB
cblr-8481	25	42	its	its	PRON
cblr-8481	25	43	content	content	NOUN
cblr-8481	25	44	and	and	CCONJ
cblr-8481	25	45	whether	whether	SCONJ
cblr-8481	25	46	and	and	CCONJ
cblr-8481	25	47	how	how	SCONJ
cblr-8481	25	48	to	to	PART
cblr-8481	25	49	communicate	communicate	VERB
cblr-8481	25	50	it	it	PRON
cblr-8481	25	51	.	.	PUNCT
cblr-8481	26	1	”5	”5	ADJ
cblr-8481	26	2	this	this	PRON
cblr-8481	26	3	means	mean	VERB
cblr-8481	26	4	that	that	SCONJ
cblr-8481	26	5	a	a	DET
cblr-8481	26	6	party	party	NOUN
cblr-8481	26	7	that	that	PRON
cblr-8481	26	8	helps	help	VERB
cblr-8481	26	9	to	to	PART
cblr-8481	26	10	draft	draft	VERB
cblr-8481	26	11	a	a	DET
cblr-8481	26	12	fraudulent	fraudulent	ADJ
cblr-8481	26	13	statement	statement	NOUN
cblr-8481	26	14	can	can	AUX
cblr-8481	26	15	not	not	PART
cblr-8481	26	16	be	be	AUX
cblr-8481	26	17	held	hold	VERB
cblr-8481	26	18	liable	liable	ADJ
cblr-8481	26	19	under	under	ADP
cblr-8481	26	20	10b-5(b	10b-5(b	NUM
cblr-8481	26	21	)	)	PUNCT
cblr-8481	26	22	if	if	SCONJ
cblr-8481	26	23	they	they	PRON
cblr-8481	26	24	do	do	AUX
cblr-8481	26	25	not	not	PART
cblr-8481	26	26	have	have	VERB
cblr-8481	26	27	final	final	ADJ
cblr-8481	26	28	control	control	NOUN
cblr-8481	26	29	1	1	NUM
cblr-8481	26	30	17	17	NUM
cblr-8481	26	31	c.f.r	c.f.r	NOUN
cblr-8481	26	32	.	.	PUNCT
cblr-8481	27	1	§	§	PROPN
cblr-8481	27	2	240.10b-5	240.10b-5	NUM
cblr-8481	27	3	(	(	PUNCT
cblr-8481	27	4	2020	2020	NUM
cblr-8481	27	5	)	)	PUNCT
cblr-8481	27	6	.	.	PUNCT
cblr-8481	28	1	2	2	NUM
cblr-8481	28	2	william	william	PROPN
cblr-8481	28	3	a.	a.	PROPN
cblr-8481	28	4	klein	klein	PROPN
cblr-8481	28	5	,	,	PUNCT
cblr-8481	28	6	j.	j.	PROPN
cblr-8481	28	7	mark	mark	PROPN
cblr-8481	28	8	ramseyer	ramseyer	PROPN
cblr-8481	28	9	,	,	PUNCT
cblr-8481	28	10	&	&	CCONJ
cblr-8481	28	11	stephen	stephen	PROPN
cblr-8481	28	12	m.	m.	PROPN
cblr-8481	28	13	bainbridge	bainbridge	PROPN
cblr-8481	28	14	,	,	PUNCT
cblr-8481	28	15	business	business	NOUN
cblr-8481	28	16	associations	association	NOUN
cblr-8481	28	17	:	:	PUNCT
cblr-8481	28	18	cases	case	NOUN
cblr-8481	28	19	and	and	CCONJ
cblr-8481	28	20	materials	material	NOUN
cblr-8481	28	21	on	on	ADP
cblr-8481	28	22	agency	agency	NOUN
cblr-8481	28	23	,	,	PUNCT
cblr-8481	28	24	partnerships	partnership	NOUN
cblr-8481	28	25	,	,	PUNCT
cblr-8481	28	26	llcs	llcs	NOUN
cblr-8481	28	27	,	,	PUNCT
cblr-8481	28	28	and	and	CCONJ
cblr-8481	28	29	corporations	corporation	NOUN
cblr-8481	28	30	447	447	NUM
cblr-8481	28	31	(	(	PUNCT
cblr-8481	28	32	10th	10th	ADJ
cblr-8481	28	33	ed	ed	NOUN
cblr-8481	28	34	.	.	PROPN
cblr-8481	28	35	2018	2018	NUM
cblr-8481	28	36	)	)	PUNCT
cblr-8481	28	37	.	.	PUNCT
cblr-8481	29	1	3	3	NUM
cblr-8481	29	2	the	the	DET
cblr-8481	29	3	text	text	NOUN
cblr-8481	29	4	of	of	ADP
cblr-8481	29	5	10b-5(b	10b-5(b	NUM
cblr-8481	29	6	)	)	PUNCT
cblr-8481	29	7	states	state	VERB
cblr-8481	29	8	that	that	SCONJ
cblr-8481	29	9	it	it	PRON
cblr-8481	29	10	is	be	AUX
cblr-8481	29	11	unlawful	unlawful	ADJ
cblr-8481	29	12	“	"	PUNCT
cblr-8481	29	13	[	[	X
cblr-8481	29	14	t]o	t]o	NOUN
cblr-8481	29	15	make	make	VERB
cblr-8481	29	16	any	any	DET
cblr-8481	29	17	untrue	untrue	ADJ
cblr-8481	29	18	statement	statement	NOUN
cblr-8481	29	19	of	of	ADP
cblr-8481	29	20	a	a	DET
cblr-8481	29	21	material	material	ADJ
cblr-8481	29	22	fact	fact	NOUN
cblr-8481	29	23	or	or	CCONJ
cblr-8481	29	24	to	to	PART
cblr-8481	29	25	omit	omit	VERB
cblr-8481	29	26	to	to	PART
cblr-8481	29	27	state	state	VERB
cblr-8481	29	28	a	a	DET
cblr-8481	29	29	material	material	ADJ
cblr-8481	29	30	fact	fact	NOUN
cblr-8481	29	31	necessary	necessary	ADJ
cblr-8481	29	32	in	in	ADP
cblr-8481	29	33	order	order	NOUN
cblr-8481	29	34	to	to	PART
cblr-8481	29	35	make	make	VERB
cblr-8481	29	36	the	the	DET
cblr-8481	29	37	statements	statement	NOUN
cblr-8481	29	38	made	make	VERB
cblr-8481	29	39	,	,	PUNCT
cblr-8481	29	40	in	in	ADP
cblr-8481	29	41	the	the	DET
cblr-8481	29	42	light	light	NOUN
cblr-8481	29	43	of	of	ADP
cblr-8481	29	44	the	the	DET
cblr-8481	29	45	circumstances	circumstance	NOUN
cblr-8481	29	46	under	under	ADP
cblr-8481	29	47	which	which	PRON
cblr-8481	29	48	they	they	PRON
cblr-8481	29	49	were	be	AUX
cblr-8481	29	50	made	make	VERB
cblr-8481	29	51	,	,	PUNCT
cblr-8481	29	52	not	not	PART
cblr-8481	29	53	misleading	misleading	ADJ
cblr-8481	29	54	.	.	PUNCT
cblr-8481	29	55	.	.	PUNCT
cblr-8481	29	56	.	.	PUNCT
cblr-8481	30	1	in	in	ADP
cblr-8481	30	2	connection	connection	NOUN
cblr-8481	30	3	with	with	ADP
cblr-8481	30	4	the	the	DET
cblr-8481	30	5	purchase	purchase	NOUN
cblr-8481	30	6	or	or	CCONJ
cblr-8481	30	7	sale	sale	NOUN
cblr-8481	30	8	of	of	ADP
cblr-8481	30	9	any	any	DET
cblr-8481	30	10	security	security	NOUN
cblr-8481	30	11	.	.	PUNCT
cblr-8481	30	12	”	"	PUNCT
cblr-8481	31	1	17	17	NUM
cblr-8481	31	2	cfr	cfr	PROPN
cblr-8481	31	3	§	§	PROPN
cblr-8481	31	4	240.10b-5	240.10b-5	NUM
cblr-8481	31	5	.	.	PUNCT
cblr-8481	31	6	claims	claim	NOUN
cblr-8481	31	7	brought	bring	VERB
cblr-8481	31	8	under	under	ADP
cblr-8481	31	9	this	this	DET
cblr-8481	31	10	provision	provision	NOUN
cblr-8481	31	11	are	be	AUX
cblr-8481	31	12	referred	refer	VERB
cblr-8481	31	13	to	to	ADP
cblr-8481	31	14	as	as	ADP
cblr-8481	31	15	“	"	PUNCT
cblr-8481	31	16	misstatement	misstatement	ADJ
cblr-8481	31	17	liability	liability	NOUN
cblr-8481	31	18	”	"	PUNCT
cblr-8481	31	19	claims	claim	NOUN
cblr-8481	31	20	.	.	PUNCT
cblr-8481	32	1	matthew	matthew	PROPN
cblr-8481	32	2	c.	c.	PROPN
cblr-8481	32	3	turk	turk	PROPN
cblr-8481	32	4	&	&	CCONJ
cblr-8481	32	5	karen	karen	PROPN
cblr-8481	32	6	e.	e.	PROPN
cblr-8481	32	7	woody	woody	PROPN
cblr-8481	32	8	,	,	PUNCT
cblr-8481	32	9	justice	justice	PROPN
cblr-8481	32	10	kavanaugh	kavanaugh	PROPN
cblr-8481	32	11	,	,	PUNCT
cblr-8481	32	12	lorenzo	lorenzo	PROPN
cblr-8481	32	13	v.	v.	ADP
cblr-8481	32	14	sec	sec	PROPN
cblr-8481	32	15	,	,	PUNCT
cblr-8481	32	16	and	and	CCONJ
cblr-8481	32	17	the	the	DET
cblr-8481	32	18	postkennedy	postkennedy	ADJ
cblr-8481	32	19	supreme	supreme	PROPN
cblr-8481	32	20	court	court	PROPN
cblr-8481	32	21	,	,	PUNCT
cblr-8481	32	22	71	71	NUM
cblr-8481	32	23	admin	admin	NOUN
cblr-8481	32	24	.	.	PUNCT
cblr-8481	33	1	l.	l.	PROPN
cblr-8481	33	2	rev	rev	PROPN
cblr-8481	33	3	.	.	PROPN
cblr-8481	33	4	193	193	NUM
cblr-8481	33	5	,	,	PUNCT
cblr-8481	33	6	204	204	NUM
cblr-8481	33	7	(	(	PUNCT
cblr-8481	33	8	2019	2019	NUM
cblr-8481	33	9	)	)	PUNCT
cblr-8481	33	10	.	.	PUNCT
cblr-8481	34	1	4	4	NUM
cblr-8481	34	2	in	in	ADP
cblr-8481	34	3	the	the	DET
cblr-8481	34	4	year	year	NOUN
cblr-8481	34	5	before	before	ADP
cblr-8481	34	6	janus	janus	PROPN
cblr-8481	34	7	capital	capital	PROPN
cblr-8481	34	8	group	group	PROPN
cblr-8481	34	9	v.	v.	ADP
cblr-8481	34	10	first	first	ADJ
cblr-8481	34	11	derivative	derivative	ADJ
cblr-8481	34	12	traders	trader	NOUN
cblr-8481	34	13	,	,	PUNCT
cblr-8481	34	14	multiple	multiple	ADJ
cblr-8481	34	15	circuits	circuit	NOUN
cblr-8481	34	16	issued	issue	VERB
cblr-8481	34	17	reported	report	VERB
cblr-8481	34	18	opinions	opinion	NOUN
cblr-8481	34	19	on	on	ADP
cblr-8481	34	20	10b-5(b	10b-5(b	NUM
cblr-8481	34	21	)	)	PUNCT
cblr-8481	34	22	claims	claim	NOUN
cblr-8481	34	23	.	.	PUNCT
cblr-8481	35	1	see	see	VERB
cblr-8481	35	2	,	,	PUNCT
cblr-8481	35	3	e.g.	e.g.	ADV
cblr-8481	35	4	,	,	PUNCT
cblr-8481	35	5	badger	badger	NOUN
cblr-8481	35	6	v.	v.	ADP
cblr-8481	35	7	s.	s.	PROPN
cblr-8481	35	8	farm	farm	PROPN
cblr-8481	35	9	bureau	bureau	PROPN
cblr-8481	35	10	life	life	PROPN
cblr-8481	35	11	ins	ins	PROPN
cblr-8481	35	12	.	.	PUNCT
cblr-8481	35	13	co.	co.	PROPN
cblr-8481	35	14	,	,	PUNCT
cblr-8481	35	15	612	612	NUM
cblr-8481	35	16	f.3d	f.3d	NUM
cblr-8481	35	17	1334	1334	NUM
cblr-8481	35	18	(	(	PUNCT
cblr-8481	35	19	11th	11th	ADJ
cblr-8481	35	20	cir	cir	NOUN
cblr-8481	35	21	.	.	PUNCT
cblr-8481	35	22	2010	2010	NUM
cblr-8481	35	23	)	)	PUNCT
cblr-8481	35	24	;	;	PUNCT
cblr-8481	35	25	pac	pac	PROPN
cblr-8481	35	26	.	.	PUNCT
cblr-8481	35	27	inv	inv	PROPN
cblr-8481	35	28	.	.	PUNCT
cblr-8481	36	1	mgmt	mgmt	PROPN
cblr-8481	36	2	.	.	PROPN
cblr-8481	36	3	co.	co.	PROPN
cblr-8481	37	1	v.	v.	ADP
cblr-8481	37	2	mayer	mayer	PROPN
cblr-8481	37	3	brown	brown	PROPN
cblr-8481	37	4	llp	llp	PROPN
cblr-8481	37	5	,	,	PUNCT
cblr-8481	37	6	603	603	NUM
cblr-8481	37	7	f.3d	f.3d	NUM
cblr-8481	37	8	144	144	NUM
cblr-8481	37	9	(	(	PUNCT
cblr-8481	37	10	2d	2d	NUM
cblr-8481	37	11	cir	cir	NOUN
cblr-8481	37	12	.	.	PUNCT
cblr-8481	37	13	2010	2010	NUM
cblr-8481	37	14	)	)	PUNCT
cblr-8481	37	15	;	;	PUNCT
cblr-8481	37	16	united	united	PROPN
cblr-8481	37	17	states	states	PROPN
cblr-8481	37	18	v.	v.	ADP
cblr-8481	37	19	schiff	schiff	PROPN
cblr-8481	37	20	,	,	PUNCT
cblr-8481	37	21	602	602	NUM
cblr-8481	37	22	f.3d	f.3d	NUM
cblr-8481	37	23	152	152	NUM
cblr-8481	37	24	(	(	PUNCT
cblr-8481	37	25	3d	3d	PROPN
cblr-8481	37	26	cir	cir	NOUN
cblr-8481	37	27	.	.	PUNCT
cblr-8481	37	28	2010	2010	NUM
cblr-8481	37	29	)	)	PUNCT
cblr-8481	37	30	;	;	PUNCT
cblr-8481	37	31	sec	sec	PROPN
cblr-8481	37	32	v.	v.	ADP
cblr-8481	37	33	tambone	tambone	NOUN
cblr-8481	37	34	,	,	PUNCT
cblr-8481	37	35	597	597	NUM
cblr-8481	37	36	f.3d	f.3d	NUM
cblr-8481	37	37	436	436	NUM
cblr-8481	37	38	(	(	PUNCT
cblr-8481	37	39	1st	1st	ADJ
cblr-8481	37	40	cir	cir	NOUN
cblr-8481	37	41	.	.	PUNCT
cblr-8481	37	42	2010	2010	NUM
cblr-8481	37	43	)	)	PUNCT
cblr-8481	37	44	.	.	PUNCT
cblr-8481	38	1	5	5	NUM
cblr-8481	38	2	janus	janus	PROPN
cblr-8481	38	3	cap	cap	NOUN
cblr-8481	38	4	.	.	PUNCT
cblr-8481	39	1	grp	grp	PROPN
cblr-8481	39	2	.	.	PUNCT
cblr-8481	40	1	v.	v.	ADP
cblr-8481	40	2	first	first	ADJ
cblr-8481	40	3	derivative	derivative	ADJ
cblr-8481	40	4	traders	trader	NOUN
cblr-8481	40	5	,	,	PUNCT
cblr-8481	41	1	564	564	NUM
cblr-8481	41	2	u.s	u.s	PROPN
cblr-8481	41	3	.	.	PROPN
cblr-8481	41	4	135	135	NUM
cblr-8481	41	5	,	,	PUNCT
cblr-8481	41	6	142	142	NUM
cblr-8481	41	7	(	(	PUNCT
cblr-8481	41	8	2011	2011	NUM
cblr-8481	41	9	)	)	PUNCT
cblr-8481	41	10	.	.	PUNCT
cblr-8481	42	1	note	note	NOUN
cblr-8481	42	2	–	–	PUNCT
cblr-8481	42	3	lieberman	lieberman	PROPN
cblr-8481	43	1	6/13/2021	6/13/2021	NUM
cblr-8481	43	2	8:45	8:45	NUM
cblr-8481	43	3	pm	pm	NOUN
cblr-8481	43	4	no	no	INTJ
cblr-8481	43	5	.	.	PUNCT
cblr-8481	44	1	1:352	1:352	NUM
cblr-8481	44	2	]	]	X
cblr-8481	44	3	lorenzo	lorenzo	PROPN
cblr-8481	44	4	v.	v.	ADP
cblr-8481	44	5	sec	sec	PROPN
cblr-8481	44	6	and	and	CCONJ
cblr-8481	44	7	the	the	DET
cblr-8481	44	8	expansion	expansion	NOUN
cblr-8481	44	9	of	of	ADP
cblr-8481	44	10	scheme	scheme	NOUN
cblr-8481	44	11	liability	liability	NOUN
cblr-8481	44	12	355	355	NUM
cblr-8481	44	13	over	over	ADP
cblr-8481	44	14	its	its	PRON
cblr-8481	44	15	contents.6	contents.6	NOUN
cblr-8481	44	16	the	the	DET
cblr-8481	44	17	ramifications	ramification	NOUN
cblr-8481	44	18	of	of	ADP
cblr-8481	44	19	this	this	DET
cblr-8481	44	20	case	case	NOUN
cblr-8481	44	21	were	be	AUX
cblr-8481	44	22	enormous	enormous	ADJ
cblr-8481	44	23	,	,	PUNCT
cblr-8481	44	24	as	as	SCONJ
cblr-8481	44	25	it	it	PRON
cblr-8481	44	26	cabined	cabin	VERB
cblr-8481	44	27	the	the	DET
cblr-8481	44	28	ability	ability	NOUN
cblr-8481	44	29	of	of	ADP
cblr-8481	44	30	private	private	ADJ
cblr-8481	44	31	actors	actor	NOUN
cblr-8481	44	32	to	to	PART
cblr-8481	44	33	bring	bring	VERB
cblr-8481	44	34	suits	suit	NOUN
cblr-8481	44	35	for	for	ADP
cblr-8481	44	36	misstatement	misstatement	NOUN
cblr-8481	44	37	liability	liability	NOUN
cblr-8481	44	38	and	and	CCONJ
cblr-8481	44	39	limited	limit	VERB
cblr-8481	44	40	the	the	DET
cblr-8481	44	41	tools	tool	NOUN
cblr-8481	44	42	available	available	ADJ
cblr-8481	44	43	to	to	ADP
cblr-8481	44	44	the	the	DET
cblr-8481	44	45	sec	sec	PROPN
cblr-8481	44	46	in	in	ADP
cblr-8481	44	47	bringing	bring	VERB
cblr-8481	44	48	10b-5(b	10b-5(b	NUM
cblr-8481	44	49	)	)	PUNCT
cblr-8481	44	50	enforcement	enforcement	NOUN
cblr-8481	44	51	actions.7	actions.7	VERB
cblr-8481	44	52	yet	yet	ADV
cblr-8481	44	53	,	,	PUNCT
cblr-8481	44	54	while	while	SCONJ
cblr-8481	44	55	janus	janus	PROPN
cblr-8481	44	56	defined	define	VERB
cblr-8481	44	57	the	the	DET
cblr-8481	44	58	scope	scope	NOUN
cblr-8481	44	59	of	of	ADP
cblr-8481	44	60	misstatement	misstatement	ADJ
cblr-8481	44	61	liability	liability	NOUN
cblr-8481	44	62	,	,	PUNCT
cblr-8481	44	63	it	it	PRON
cblr-8481	44	64	remained	remain	VERB
cblr-8481	44	65	unclear	unclear	ADJ
cblr-8481	44	66	whether	whether	SCONJ
cblr-8481	44	67	an	an	DET
cblr-8481	44	68	individual	individual	NOUN
cblr-8481	44	69	who	who	PRON
cblr-8481	44	70	is	be	AUX
cblr-8481	44	71	not	not	PART
cblr-8481	44	72	the	the	DET
cblr-8481	44	73	“	"	PUNCT
cblr-8481	44	74	maker	maker	NOUN
cblr-8481	44	75	”	"	PUNCT
cblr-8481	44	76	of	of	ADP
cblr-8481	44	77	a	a	DET
cblr-8481	44	78	misstatement	misstatement	NOUN
cblr-8481	44	79	could	could	AUX
cblr-8481	44	80	be	be	AUX
cblr-8481	44	81	held	hold	VERB
cblr-8481	44	82	liable	liable	ADJ
cblr-8481	44	83	for	for	ADP
cblr-8481	44	84	participating	participate	VERB
cblr-8481	44	85	in	in	ADP
cblr-8481	44	86	crafting	craft	VERB
cblr-8481	44	87	or	or	CCONJ
cblr-8481	44	88	disseminating	disseminate	VERB
cblr-8481	44	89	it	it	PRON
cblr-8481	44	90	under	under	ADP
cblr-8481	44	91	rule	rule	NOUN
cblr-8481	44	92	10b5	10b5	NUM
cblr-8481	44	93	’s	’s	PART
cblr-8481	44	94	more	more	ADV
cblr-8481	44	95	general	general	ADJ
cblr-8481	44	96	provisions	provision	NOUN
cblr-8481	44	97	,	,	PUNCT
cblr-8481	44	98	subsections	subsection	NOUN
cblr-8481	44	99	(	(	PUNCT
cblr-8481	44	100	a	a	NOUN
cblr-8481	44	101	)	)	PUNCT
cblr-8481	44	102	and	and	CCONJ
cblr-8481	44	103	(	(	PUNCT
cblr-8481	44	104	c).8	c).8	NOUN
cblr-8481	44	105	the	the	DET
cblr-8481	44	106	supreme	supreme	PROPN
cblr-8481	44	107	court	court	PROPN
cblr-8481	44	108	partially	partially	ADV
cblr-8481	44	109	answered	answer	VERB
cblr-8481	44	110	that	that	DET
cblr-8481	44	111	question	question	NOUN
cblr-8481	44	112	in	in	ADP
cblr-8481	44	113	march	march	PROPN
cblr-8481	44	114	2019	2019	NUM
cblr-8481	44	115	in	in	ADP
cblr-8481	44	116	lorenzo	lorenzo	PROPN
cblr-8481	44	117	v.	v.	ADP
cblr-8481	44	118	sec	sec	PROPN
cblr-8481	44	119	,	,	PUNCT
cblr-8481	44	120	which	which	PRON
cblr-8481	44	121	held	hold	VERB
cblr-8481	44	122	that	that	SCONJ
cblr-8481	44	123	[	[	X
cblr-8481	44	124	d]issemination	d]issemination	NOUN
cblr-8481	44	125	of	of	ADP
cblr-8481	44	126	false	false	ADJ
cblr-8481	44	127	or	or	CCONJ
cblr-8481	44	128	misleading	misleading	ADJ
cblr-8481	44	129	statements	statement	NOUN
cblr-8481	44	130	with	with	ADP
cblr-8481	44	131	intent	intent	NOUN
cblr-8481	44	132	to	to	PART
cblr-8481	44	133	defraud	defraud	VERB
cblr-8481	44	134	can	can	AUX
cblr-8481	44	135	fall	fall	VERB
cblr-8481	44	136	within	within	ADP
cblr-8481	44	137	the	the	DET
cblr-8481	44	138	scope	scope	NOUN
cblr-8481	44	139	of	of	ADP
cblr-8481	44	140	subsections	subsection	NOUN
cblr-8481	44	141	(	(	PUNCT
cblr-8481	44	142	a	a	NOUN
cblr-8481	44	143	)	)	PUNCT
cblr-8481	44	144	and	and	CCONJ
cblr-8481	44	145	(	(	PUNCT
cblr-8481	44	146	c	c	NOUN
cblr-8481	44	147	)	)	PUNCT
cblr-8481	44	148	of	of	ADP
cblr-8481	44	149	rule	rule	NOUN
cblr-8481	44	150	10b-5	10b-5	NUM
cblr-8481	44	151	,	,	PUNCT
cblr-8481	44	152	as	as	ADV
cblr-8481	44	153	well	well	ADV
cblr-8481	44	154	as	as	ADP
cblr-8481	44	155	[	[	X
cblr-8481	44	156	section	section	NOUN
cblr-8481	44	157	17(a)(1	17(a)(1	NUM
cblr-8481	44	158	)	)	PUNCT
cblr-8481	44	159	of	of	ADP
cblr-8481	44	160	the	the	DET
cblr-8481	44	161	securities	security	NOUN
cblr-8481	44	162	act	act	PROPN
cblr-8481	44	163	]	]	PUNCT
cblr-8481	44	164	.	.	PUNCT
cblr-8481	44	165	.	.	PUNCT
cblr-8481	44	166	.	.	PUNCT
cblr-8481	45	1	even	even	ADV
cblr-8481	45	2	if	if	SCONJ
cblr-8481	45	3	the	the	DET
cblr-8481	45	4	disseminator	disseminator	NOUN
cblr-8481	45	5	did	do	AUX
cblr-8481	45	6	not	not	PART
cblr-8481	45	7	‘	'	PUNCT
cblr-8481	45	8	make	make	VERB
cblr-8481	45	9	’	'	PUNCT
cblr-8481	45	10	the	the	DET
cblr-8481	45	11	statements	statement	NOUN
cblr-8481	45	12	and	and	CCONJ
cblr-8481	45	13	consequently	consequently	ADV
cblr-8481	45	14	falls	fall	VERB
cblr-8481	45	15	outside	outside	ADP
cblr-8481	45	16	subsection	subsection	NOUN
cblr-8481	45	17	(	(	PUNCT
cblr-8481	45	18	b	b	NOUN
cblr-8481	45	19	)	)	PUNCT
cblr-8481	45	20	of	of	ADP
cblr-8481	45	21	the	the	DET
cblr-8481	45	22	rule.9	rule.9	NOUN
cblr-8481	45	23	6	6	NUM
cblr-8481	45	24	rather	rather	ADV
cblr-8481	45	25	they	they	PRON
cblr-8481	45	26	would	would	AUX
cblr-8481	45	27	have	have	VERB
cblr-8481	45	28	to	to	PART
cblr-8481	45	29	be	be	AUX
cblr-8481	45	30	held	hold	VERB
cblr-8481	45	31	liable	liable	ADJ
cblr-8481	45	32	for	for	ADP
cblr-8481	45	33	aiding	aid	VERB
cblr-8481	45	34	and	and	CCONJ
cblr-8481	45	35	abetting	abet	VERB
cblr-8481	45	36	the	the	DET
cblr-8481	45	37	fraud	fraud	NOUN
cblr-8481	45	38	under	under	ADP
cblr-8481	45	39	section	section	NOUN
cblr-8481	45	40	20(e	20(e	NUM
cblr-8481	45	41	)	)	PUNCT
cblr-8481	45	42	of	of	ADP
cblr-8481	45	43	the	the	DET
cblr-8481	45	44	securities	securities	PROPN
cblr-8481	45	45	and	and	CCONJ
cblr-8481	45	46	exchange	exchange	PROPN
cblr-8481	45	47	act	act	PROPN
cblr-8481	45	48	.	.	PUNCT
cblr-8481	46	1	see	see	VERB
cblr-8481	46	2	15	15	NUM
cblr-8481	46	3	u.s.c	u.s.c	ADJ
cblr-8481	46	4	.	.	PUNCT
cblr-8481	47	1	§	§	PROPN
cblr-8481	47	2	78t(e	78t(e	NUM
cblr-8481	47	3	)	)	PUNCT
cblr-8481	47	4	(	(	PUNCT
cblr-8481	47	5	2018	2018	NUM
cblr-8481	47	6	)	)	PUNCT
cblr-8481	47	7	.	.	PUNCT
cblr-8481	48	1	7	7	NUM
cblr-8481	48	2	see	see	VERB
cblr-8481	48	3	stephen	stephen	PROPN
cblr-8481	48	4	m.	m.	PROPN
cblr-8481	48	5	juris	juris	PROPN
cblr-8481	48	6	,	,	PUNCT
cblr-8481	48	7	janus	janus	PROPN
cblr-8481	48	8	capital	capital	PROPN
cblr-8481	48	9	group	group	PROPN
cblr-8481	48	10	inc	inc	PROPN
cblr-8481	48	11	.	.	PROPN
cblr-8481	49	1	v.	v.	ADP
cblr-8481	49	2	first	first	ADJ
cblr-8481	49	3	derivative	derivative	ADJ
cblr-8481	49	4	traders	trader	NOUN
cblr-8481	49	5	and	and	CCONJ
cblr-8481	49	6	the	the	DET
cblr-8481	49	7	law	law	NOUN
cblr-8481	49	8	of	of	ADP
cblr-8481	49	9	unintended	unintended	ADJ
cblr-8481	49	10	consequences	consequence	NOUN
cblr-8481	49	11	,	,	PUNCT
cblr-8481	49	12	forbes	forbes	PROPN
cblr-8481	49	13	(	(	PUNCT
cblr-8481	49	14	sept	sept	PROPN
cblr-8481	49	15	.	.	PROPN
cblr-8481	49	16	21	21	NUM
cblr-8481	49	17	,	,	PUNCT
cblr-8481	49	18	2011	2011	NUM
cblr-8481	49	19	,	,	PUNCT
cblr-8481	49	20	11:51am	11:51am	PROPN
cblr-8481	49	21	)	)	PUNCT
cblr-8481	49	22	,	,	PUNCT
cblr-8481	49	23	https://www.forbes.com/sites/insider/2011/09/21/janus-capitalgroup-inc-v-first-derivative-traders-and-the-law-of-unintendedconsequences/	https://www.forbes.com/sites/insider/2011/09/21/janus-capitalgroup-inc-v-first-derivative-traders-and-the-law-of-unintendedconsequences/	VERB
cblr-8481	49	24	#	#	SYM
cblr-8481	49	25	347e80665ae7	347e80665ae7	NUM
cblr-8481	50	1	[	[	X
cblr-8481	50	2	https://perma.cc/rc26-a7qg	https://perma.cc/rc26-a7qg	X
cblr-8481	50	3	]	]	SYM
cblr-8481	50	4	.	.	PUNCT
cblr-8481	51	1	8	8	NUM
cblr-8481	51	2	rule	rule	NOUN
cblr-8481	51	3	10b-5(a	10b-5(a	NUM
cblr-8481	51	4	)	)	PUNCT
cblr-8481	51	5	and	and	CCONJ
cblr-8481	51	6	(	(	PUNCT
cblr-8481	51	7	c	c	NOUN
cblr-8481	51	8	)	)	PUNCT
cblr-8481	51	9	together	together	ADV
cblr-8481	52	1	state	state	NOUN
cblr-8481	52	2	:	:	PUNCT
cblr-8481	52	3	it	it	PRON
cblr-8481	52	4	shall	shall	AUX
cblr-8481	52	5	be	be	AUX
cblr-8481	52	6	unlawful	unlawful	ADJ
cblr-8481	52	7	for	for	ADP
cblr-8481	52	8	any	any	DET
cblr-8481	52	9	person	person	NOUN
cblr-8481	52	10	,	,	PUNCT
cblr-8481	52	11	directly	directly	ADV
cblr-8481	52	12	or	or	CCONJ
cblr-8481	52	13	indirectly	indirectly	ADV
cblr-8481	52	14	,	,	PUNCT
cblr-8481	52	15	by	by	ADP
cblr-8481	52	16	the	the	DET
cblr-8481	52	17	use	use	NOUN
cblr-8481	52	18	of	of	ADP
cblr-8481	52	19	any	any	DET
cblr-8481	52	20	means	mean	NOUN
cblr-8481	52	21	or	or	CCONJ
cblr-8481	52	22	instrumentality	instrumentality	NOUN
cblr-8481	52	23	of	of	ADP
cblr-8481	52	24	interstate	interstate	ADJ
cblr-8481	52	25	commerce	commerce	NOUN
cblr-8481	52	26	,	,	PUNCT
cblr-8481	52	27	or	or	CCONJ
cblr-8481	52	28	of	of	ADP
cblr-8481	52	29	the	the	DET
cblr-8481	52	30	mails	mail	NOUN
cblr-8481	52	31	or	or	CCONJ
cblr-8481	52	32	of	of	ADP
cblr-8481	52	33	any	any	DET
cblr-8481	52	34	facility	facility	NOUN
cblr-8481	52	35	of	of	ADP
cblr-8481	52	36	any	any	DET
cblr-8481	52	37	national	national	ADJ
cblr-8481	52	38	securities	security	NOUN
cblr-8481	52	39	exchange	exchange	NOUN
cblr-8481	52	40	,	,	PUNCT
cblr-8481	52	41	(	(	PUNCT
cblr-8481	52	42	a	a	X
cblr-8481	52	43	)	)	PUNCT
cblr-8481	52	44	to	to	PART
cblr-8481	52	45	employ	employ	VERB
cblr-8481	52	46	any	any	DET
cblr-8481	52	47	device	device	NOUN
cblr-8481	52	48	,	,	PUNCT
cblr-8481	52	49	scheme	scheme	NOUN
cblr-8481	52	50	,	,	PUNCT
cblr-8481	52	51	or	or	CCONJ
cblr-8481	52	52	artifice	artifice	VERB
cblr-8481	52	53	to	to	PART
cblr-8481	52	54	defraud	defraud	VERB
cblr-8481	52	55	[	[	X
cblr-8481	52	56	or	or	CCONJ
cblr-8481	52	57	]	]	PUNCT
cblr-8481	52	58	.	.	PUNCT
cblr-8481	52	59	.	.	PUNCT
cblr-8481	52	60	.	.	PUNCT
cblr-8481	52	61	.	.	PUNCT
cblr-8481	53	1	(	(	PUNCT
cblr-8481	53	2	c	c	X
cblr-8481	53	3	)	)	PUNCT
cblr-8481	53	4	to	to	PART
cblr-8481	53	5	engage	engage	VERB
cblr-8481	53	6	in	in	ADP
cblr-8481	53	7	any	any	DET
cblr-8481	53	8	act	act	NOUN
cblr-8481	53	9	,	,	PUNCT
cblr-8481	53	10	practice	practice	NOUN
cblr-8481	53	11	,	,	PUNCT
cblr-8481	53	12	or	or	CCONJ
cblr-8481	53	13	course	course	NOUN
cblr-8481	53	14	of	of	ADP
cblr-8481	53	15	business	business	NOUN
cblr-8481	53	16	which	which	PRON
cblr-8481	53	17	operates	operate	VERB
cblr-8481	53	18	or	or	CCONJ
cblr-8481	53	19	would	would	AUX
cblr-8481	53	20	operate	operate	VERB
cblr-8481	53	21	as	as	ADP
cblr-8481	53	22	a	a	DET
cblr-8481	53	23	fraud	fraud	NOUN
cblr-8481	53	24	or	or	CCONJ
cblr-8481	53	25	deceit	deceit	NOUN
cblr-8481	53	26	upon	upon	SCONJ
cblr-8481	53	27	any	any	DET
cblr-8481	53	28	person	person	NOUN
cblr-8481	53	29	,	,	PUNCT
cblr-8481	53	30	in	in	ADP
cblr-8481	53	31	connection	connection	NOUN
cblr-8481	53	32	with	with	ADP
cblr-8481	53	33	the	the	DET
cblr-8481	53	34	purchase	purchase	NOUN
cblr-8481	53	35	or	or	CCONJ
cblr-8481	53	36	sale	sale	NOUN
cblr-8481	53	37	of	of	ADP
cblr-8481	53	38	any	any	DET
cblr-8481	53	39	security	security	NOUN
cblr-8481	53	40	.	.	PUNCT
cblr-8481	54	1	17	17	NUM
cblr-8481	54	2	cfr	cfr	PROPN
cblr-8481	54	3	§	§	PROPN
cblr-8481	54	4	240.10b-5	240.10b-5	NUM
cblr-8481	54	5	.	.	PUNCT
cblr-8481	55	1	these	these	PRON
cblr-8481	55	2	are	be	AUX
cblr-8481	55	3	collectively	collectively	ADV
cblr-8481	55	4	known	know	VERB
cblr-8481	55	5	as	as	ADP
cblr-8481	55	6	the	the	DET
cblr-8481	55	7	“	"	PUNCT
cblr-8481	55	8	scheme	scheme	NOUN
cblr-8481	55	9	liability	liability	NOUN
cblr-8481	55	10	”	"	PUNCT
cblr-8481	55	11	provisions	provision	NOUN
cblr-8481	55	12	of	of	ADP
cblr-8481	55	13	10b-5	10b-5	NUM
cblr-8481	55	14	.	.	PUNCT
cblr-8481	56	1	turk	turk	PROPN
cblr-8481	56	2	&	&	CCONJ
cblr-8481	56	3	woody	woody	PROPN
cblr-8481	56	4	,	,	PUNCT
cblr-8481	56	5	supra	supra	PROPN
cblr-8481	56	6	note	note	NOUN
cblr-8481	56	7	3	3	NUM
cblr-8481	56	8	,	,	PUNCT
cblr-8481	56	9	at	at	ADP
cblr-8481	56	10	205	205	NUM
cblr-8481	56	11	.	.	PUNCT
cblr-8481	57	1	9	9	NUM
cblr-8481	57	2	lorenzo	lorenzo	NOUN
cblr-8481	57	3	v.	v.	ADP
cblr-8481	57	4	sec	sec	PROPN
cblr-8481	57	5	,	,	PUNCT
cblr-8481	57	6	139	139	NUM
cblr-8481	57	7	s.	s.	PROPN
cblr-8481	57	8	ct	ct	PROPN
cblr-8481	57	9	.	.	PROPN
cblr-8481	57	10	1094	1094	NUM
cblr-8481	57	11	,	,	PUNCT
cblr-8481	57	12	1100–01	1100–01	NUM
cblr-8481	57	13	(	(	PUNCT
cblr-8481	57	14	2019	2019	NUM
cblr-8481	57	15	)	)	PUNCT
cblr-8481	57	16	.	.	PUNCT
cblr-8481	58	1	note	note	VERB
cblr-8481	58	2	lieberman	lieberman	PROPN
cblr-8481	58	3	6/13/2021	6/13/2021	NUM
cblr-8481	58	4	8:45	8:45	NUM
cblr-8481	58	5	pm	pm	NOUN
cblr-8481	58	6	356	356	NUM
cblr-8481	58	7	columbia	columbia	PROPN
cblr-8481	58	8	business	business	NOUN
cblr-8481	58	9	law	law	PROPN
cblr-8481	58	10	review	review	NOUN
cblr-8481	58	11	[	[	X
cblr-8481	58	12	vol	vol	NOUN
cblr-8481	58	13	.	.	PUNCT
cblr-8481	58	14	2021	2021	NUM
cblr-8481	58	15	however	however	ADV
cblr-8481	58	16	,	,	PUNCT
cblr-8481	58	17	the	the	DET
cblr-8481	58	18	issue	issue	NOUN
cblr-8481	58	19	of	of	ADP
cblr-8481	58	20	how	how	SCONJ
cblr-8481	58	21	broadly	broadly	ADV
cblr-8481	58	22	the	the	DET
cblr-8481	58	23	opinion	opinion	NOUN
cblr-8481	58	24	should	should	AUX
cblr-8481	58	25	be	be	AUX
cblr-8481	58	26	read	read	VERB
cblr-8481	58	27	remains	remain	VERB
cblr-8481	58	28	unresolved	unresolved	ADJ
cblr-8481	58	29	:	:	PUNCT
cblr-8481	58	30	should	should	AUX
cblr-8481	58	31	it	it	PRON
cblr-8481	58	32	be	be	AUX
cblr-8481	58	33	limited	limit	VERB
cblr-8481	58	34	to	to	ADP
cblr-8481	58	35	the	the	DET
cblr-8481	58	36	dissemination	dissemination	NOUN
cblr-8481	58	37	of	of	ADP
cblr-8481	58	38	false	false	ADJ
cblr-8481	58	39	information	information	NOUN
cblr-8481	58	40	,	,	PUNCT
cblr-8481	58	41	or	or	CCONJ
cblr-8481	58	42	should	should	AUX
cblr-8481	58	43	its	its	PRON
cblr-8481	58	44	holding	holding	NOUN
cblr-8481	58	45	be	be	AUX
cblr-8481	58	46	extended	extend	VERB
cblr-8481	58	47	to	to	ADP
cblr-8481	58	48	other	other	ADJ
cblr-8481	58	49	misconduct	misconduct	NOUN
cblr-8481	58	50	,	,	PUNCT
cblr-8481	58	51	such	such	ADJ
cblr-8481	58	52	as	as	ADP
cblr-8481	58	53	authoring	author	VERB
cblr-8481	58	54	a	a	DET
cblr-8481	58	55	false	false	ADJ
cblr-8481	58	56	statement	statement	NOUN
cblr-8481	58	57	?	?	PUNCT
cblr-8481	59	1	this	this	DET
cblr-8481	59	2	note	note	NOUN
cblr-8481	59	3	argues	argue	VERB
cblr-8481	59	4	that	that	SCONJ
cblr-8481	59	5	lorenzo	lorenzo	PROPN
cblr-8481	59	6	v.	v.	ADP
cblr-8481	59	7	sec	sec	PROPN
cblr-8481	59	8	should	should	AUX
cblr-8481	59	9	be	be	AUX
cblr-8481	59	10	broadly	broadly	ADV
cblr-8481	59	11	applied	apply	VERB
cblr-8481	59	12	in	in	ADP
cblr-8481	59	13	order	order	NOUN
cblr-8481	59	14	to	to	PART
cblr-8481	59	15	enhance	enhance	VERB
cblr-8481	59	16	the	the	DET
cblr-8481	59	17	private	private	ADJ
cblr-8481	59	18	right	right	NOUN
cblr-8481	59	19	of	of	ADP
cblr-8481	59	20	action	action	NOUN
cblr-8481	59	21	under	under	ADP
cblr-8481	59	22	rule	rule	NOUN
cblr-8481	59	23	10b-5	10b-5	NUM
cblr-8481	59	24	and	and	CCONJ
cblr-8481	59	25	provide	provide	VERB
cblr-8481	59	26	the	the	DET
cblr-8481	59	27	sec	sec	PROPN
cblr-8481	59	28	with	with	ADP
cblr-8481	59	29	more	more	ADJ
cblr-8481	59	30	tools	tool	NOUN
cblr-8481	59	31	to	to	PART
cblr-8481	59	32	go	go	VERB
cblr-8481	59	33	after	after	ADP
cblr-8481	59	34	people	people	NOUN
cblr-8481	59	35	who	who	PRON
cblr-8481	59	36	participate	participate	VERB
cblr-8481	59	37	in	in	ADP
cblr-8481	59	38	the	the	DET
cblr-8481	59	39	creation	creation	NOUN
cblr-8481	59	40	and	and	CCONJ
cblr-8481	59	41	dissemination	dissemination	NOUN
cblr-8481	59	42	of	of	ADP
cblr-8481	59	43	false	false	ADJ
cblr-8481	59	44	statements	statement	NOUN
cblr-8481	59	45	to	to	ADP
cblr-8481	59	46	the	the	DET
cblr-8481	59	47	investing	investing	NOUN
cblr-8481	59	48	public	public	NOUN
cblr-8481	59	49	.	.	PUNCT
cblr-8481	60	1	specifically	specifically	ADV
cblr-8481	60	2	,	,	PUNCT
cblr-8481	60	3	it	it	PRON
cblr-8481	60	4	advocates	advocate	VERB
cblr-8481	60	5	for	for	ADP
cblr-8481	60	6	a	a	DET
cblr-8481	60	7	“	"	PUNCT
cblr-8481	60	8	modified	modified	ADJ
cblr-8481	60	9	creator	creator	NOUN
cblr-8481	60	10	standard	standard	NOUN
cblr-8481	60	11	”	"	PUNCT
cblr-8481	60	12	for	for	ADP
cblr-8481	60	13	assessing	assess	VERB
cblr-8481	60	14	“	"	PUNCT
cblr-8481	60	15	scheme	scheme	NOUN
cblr-8481	60	16	”	"	PUNCT
cblr-8481	60	17	liability	liability	NOUN
cblr-8481	60	18	.	.	PUNCT
cblr-8481	61	1	the	the	DET
cblr-8481	61	2	test	test	NOUN
cblr-8481	61	3	would	would	AUX
cblr-8481	61	4	ask	ask	VERB
cblr-8481	61	5	whether	whether	SCONJ
cblr-8481	61	6	the	the	DET
cblr-8481	61	7	person	person	NOUN
cblr-8481	61	8	or	or	CCONJ
cblr-8481	61	9	entity	entity	NOUN
cblr-8481	61	10	being	be	AUX
cblr-8481	61	11	sued	sue	VERB
cblr-8481	61	12	is	be	AUX
cblr-8481	61	13	effectively	effectively	ADV
cblr-8481	61	14	the	the	DET
cblr-8481	61	15	author	author	NOUN
cblr-8481	61	16	of	of	ADP
cblr-8481	61	17	the	the	DET
cblr-8481	61	18	misstatement	misstatement	NOUN
cblr-8481	61	19	or	or	CCONJ
cblr-8481	61	20	else	else	ADV
cblr-8481	61	21	responsible	responsible	ADJ
cblr-8481	61	22	for	for	ADP
cblr-8481	61	23	the	the	DET
cblr-8481	61	24	statement	statement	NOUN
cblr-8481	61	25	reaching	reach	VERB
cblr-8481	61	26	defrauded	defraud	VERB
cblr-8481	61	27	investors	investor	NOUN
cblr-8481	61	28	.	.	PUNCT
cblr-8481	62	1	part	part	NOUN
cblr-8481	62	2	ii	ii	PROPN
cblr-8481	62	3	of	of	ADP
cblr-8481	62	4	this	this	DET
cblr-8481	62	5	note	note	NOUN
cblr-8481	62	6	will	will	AUX
cblr-8481	62	7	discuss	discuss	VERB
cblr-8481	62	8	the	the	DET
cblr-8481	62	9	passage	passage	NOUN
cblr-8481	62	10	of	of	ADP
cblr-8481	62	11	rule	rule	NOUN
cblr-8481	62	12	10b-5	10b-5	NUM
cblr-8481	62	13	and	and	CCONJ
cblr-8481	62	14	the	the	DET
cblr-8481	62	15	case	case	NOUN
cblr-8481	62	16	law	law	NOUN
cblr-8481	62	17	that	that	PRON
cblr-8481	62	18	led	lead	VERB
cblr-8481	62	19	to	to	ADP
cblr-8481	62	20	lorenzo	lorenzo	PROPN
cblr-8481	62	21	.	.	PUNCT
cblr-8481	63	1	part	part	NOUN
cblr-8481	63	2	iii	iii	PROPN
cblr-8481	63	3	will	will	AUX
cblr-8481	63	4	discuss	discuss	VERB
cblr-8481	63	5	the	the	DET
cblr-8481	63	6	lorenzo	lorenzo	NOUN
cblr-8481	63	7	opinion	opinion	NOUN
cblr-8481	63	8	in	in	ADP
cblr-8481	63	9	detail	detail	NOUN
cblr-8481	63	10	and	and	CCONJ
cblr-8481	63	11	the	the	DET
cblr-8481	63	12	legal	legal	ADJ
cblr-8481	63	13	community	community	NOUN
cblr-8481	63	14	’s	’s	PART
cblr-8481	63	15	initial	initial	ADJ
cblr-8481	63	16	reaction	reaction	NOUN
cblr-8481	63	17	to	to	ADP
cblr-8481	63	18	it	it	PRON
cblr-8481	63	19	.	.	PUNCT
cblr-8481	64	1	part	part	NOUN
cblr-8481	64	2	iv	iv	PRON
cblr-8481	64	3	will	will	AUX
cblr-8481	64	4	make	make	VERB
cblr-8481	64	5	the	the	DET
cblr-8481	64	6	case	case	NOUN
cblr-8481	64	7	for	for	ADP
cblr-8481	64	8	a	a	DET
cblr-8481	64	9	more	more	ADV
cblr-8481	64	10	expansive	expansive	ADJ
cblr-8481	64	11	reading	reading	NOUN
cblr-8481	64	12	of	of	ADP
cblr-8481	64	13	lorenzo	lorenzo	NOUN
cblr-8481	64	14	through	through	ADP
cblr-8481	64	15	the	the	DET
cblr-8481	64	16	adoption	adoption	NOUN
cblr-8481	64	17	of	of	ADP
cblr-8481	64	18	the	the	DET
cblr-8481	64	19	“	"	PUNCT
cblr-8481	64	20	modified	modified	ADJ
cblr-8481	64	21	creator	creator	NOUN
cblr-8481	64	22	standard	standard	NOUN
cblr-8481	64	23	”	"	PUNCT
cblr-8481	64	24	and	and	CCONJ
cblr-8481	64	25	outline	outline	VERB
cblr-8481	64	26	the	the	DET
cblr-8481	64	27	specifics	specific	NOUN
cblr-8481	64	28	of	of	ADP
cblr-8481	64	29	the	the	DET
cblr-8481	64	30	test	test	NOUN
cblr-8481	64	31	.	.	PUNCT
cblr-8481	65	1	parts	part	NOUN
cblr-8481	65	2	v	v	PROPN
cblr-8481	65	3	and	and	CCONJ
cblr-8481	65	4	vi	vi	PROPN
cblr-8481	65	5	will	will	AUX
cblr-8481	65	6	discuss	discuss	VERB
cblr-8481	65	7	the	the	DET
cblr-8481	65	8	policy	policy	NOUN
cblr-8481	65	9	rationales	rationale	NOUN
cblr-8481	65	10	behind	behind	ADP
cblr-8481	65	11	implementing	implement	VERB
cblr-8481	65	12	the	the	DET
cblr-8481	65	13	“	"	PUNCT
cblr-8481	65	14	modified	modified	ADJ
cblr-8481	65	15	creator	creator	NOUN
cblr-8481	65	16	standard	standard	NOUN
cblr-8481	65	17	”	"	PUNCT
cblr-8481	65	18	in	in	ADP
cblr-8481	65	19	both	both	CCONJ
cblr-8481	65	20	private	private	ADJ
cblr-8481	65	21	litigation	litigation	NOUN
cblr-8481	65	22	and	and	CCONJ
cblr-8481	65	23	sec	sec	PROPN
cblr-8481	65	24	enforcement	enforcement	NOUN
cblr-8481	65	25	.	.	PUNCT
cblr-8481	66	1	the	the	DET
cblr-8481	66	2	scope	scope	NOUN
cblr-8481	66	3	of	of	ADP
cblr-8481	66	4	this	this	DET
cblr-8481	66	5	analysis	analysis	NOUN
cblr-8481	66	6	will	will	AUX
cblr-8481	66	7	be	be	AUX
cblr-8481	66	8	limited	limit	VERB
cblr-8481	66	9	to	to	ADP
cblr-8481	66	10	the	the	DET
cblr-8481	66	11	judiciary	judiciary	NOUN
cblr-8481	66	12	’s	’s	PART
cblr-8481	66	13	application	application	NOUN
cblr-8481	66	14	of	of	ADP
cblr-8481	66	15	lorenzo	lorenzo	NOUN
cblr-8481	66	16	;	;	PUNCT
cblr-8481	66	17	solutions	solution	NOUN
cblr-8481	66	18	that	that	PRON
cblr-8481	66	19	would	would	AUX
cblr-8481	66	20	require	require	VERB
cblr-8481	66	21	the	the	DET
cblr-8481	66	22	passage	passage	NOUN
cblr-8481	66	23	of	of	ADP
cblr-8481	66	24	a	a	DET
cblr-8481	66	25	new	new	ADJ
cblr-8481	66	26	statute	statute	NOUN
cblr-8481	66	27	or	or	CCONJ
cblr-8481	66	28	a	a	DET
cblr-8481	66	29	new	new	ADJ
cblr-8481	66	30	regulation	regulation	NOUN
cblr-8481	66	31	are	be	AUX
cblr-8481	66	32	not	not	PART
cblr-8481	66	33	contemplated	contemplate	VERB
cblr-8481	66	34	here	here	ADV
cblr-8481	66	35	.	.	PUNCT
cblr-8481	67	1	finally	finally	ADV
cblr-8481	67	2	,	,	PUNCT
cblr-8481	67	3	part	part	NOUN
cblr-8481	67	4	vii	vii	PROPN
cblr-8481	67	5	concludes	conclude	VERB
cblr-8481	67	6	.	.	PUNCT
cblr-8481	68	1	ii	ii	PROPN
cblr-8481	68	2	.	.	PUNCT
cblr-8481	68	3	background	background	NOUN
cblr-8481	68	4	on	on	ADP
cblr-8481	68	5	rule	rule	NOUN
cblr-8481	68	6	10b-5	10b-5	NUM
cblr-8481	68	7	and	and	CCONJ
cblr-8481	68	8	the	the	DET
cblr-8481	68	9	private	private	ADJ
cblr-8481	68	10	right	right	NOUN
cblr-8481	68	11	of	of	ADP
cblr-8481	68	12	action	action	NOUN
cblr-8481	68	13	this	this	DET
cblr-8481	68	14	part	part	NOUN
cblr-8481	68	15	discusses	discuss	VERB
cblr-8481	68	16	the	the	DET
cblr-8481	68	17	historical	historical	ADJ
cblr-8481	68	18	background	background	NOUN
cblr-8481	68	19	leading	lead	VERB
cblr-8481	68	20	up	up	ADP
cblr-8481	68	21	to	to	ADP
cblr-8481	68	22	the	the	DET
cblr-8481	68	23	court	court	NOUN
cblr-8481	68	24	’s	’s	PART
cblr-8481	68	25	decision	decision	NOUN
cblr-8481	68	26	in	in	ADP
cblr-8481	68	27	lorenzo	lorenzo	PROPN
cblr-8481	68	28	.	.	PUNCT
cblr-8481	69	1	it	it	PRON
cblr-8481	69	2	begins	begin	VERB
cblr-8481	69	3	by	by	ADP
cblr-8481	69	4	discussing	discuss	VERB
cblr-8481	69	5	the	the	DET
cblr-8481	69	6	origins	origin	NOUN
cblr-8481	69	7	of	of	ADP
cblr-8481	69	8	rule	rule	NOUN
cblr-8481	69	9	10b-5	10b-5	NUM
cblr-8481	69	10	and	and	CCONJ
cblr-8481	69	11	the	the	DET
cblr-8481	69	12	development	development	NOUN
cblr-8481	69	13	by	by	ADP
cblr-8481	69	14	the	the	DET
cblr-8481	69	15	courts	court	NOUN
cblr-8481	69	16	of	of	ADP
cblr-8481	69	17	the	the	DET
cblr-8481	69	18	private	private	ADJ
cblr-8481	69	19	right	right	NOUN
cblr-8481	69	20	of	of	ADP
cblr-8481	69	21	action	action	NOUN
cblr-8481	69	22	under	under	ADP
cblr-8481	69	23	that	that	DET
cblr-8481	69	24	regulation	regulation	NOUN
cblr-8481	69	25	.	.	PUNCT
cblr-8481	70	1	the	the	DET
cblr-8481	70	2	next	next	ADJ
cblr-8481	70	3	section	section	NOUN
cblr-8481	70	4	discusses	discuss	VERB
cblr-8481	70	5	the	the	DET
cblr-8481	70	6	court	court	NOUN
cblr-8481	70	7	’s	’s	PART
cblr-8481	70	8	jurisprudence	jurisprudence	NOUN
cblr-8481	70	9	,	,	PUNCT
cblr-8481	70	10	from	from	ADP
cblr-8481	70	11	the	the	DET
cblr-8481	70	12	1970s	1970	NOUN
cblr-8481	70	13	through	through	ADP
cblr-8481	70	14	the	the	DET
cblr-8481	70	15	2000s	2000s	NUM
cblr-8481	70	16	,	,	PUNCT
cblr-8481	70	17	limiting	limit	VERB
cblr-8481	70	18	the	the	DET
cblr-8481	70	19	scope	scope	NOUN
cblr-8481	70	20	of	of	ADP
cblr-8481	70	21	the	the	DET
cblr-8481	70	22	private	private	ADJ
cblr-8481	70	23	right	right	NOUN
cblr-8481	70	24	of	of	ADP
cblr-8481	70	25	action	action	NOUN
cblr-8481	70	26	under	under	ADP
cblr-8481	70	27	section	section	NOUN
cblr-8481	70	28	(	(	PUNCT
cblr-8481	70	29	b	b	NOUN
cblr-8481	70	30	)	)	PUNCT
cblr-8481	70	31	of	of	ADP
cblr-8481	70	32	the	the	DET
cblr-8481	70	33	rule	rule	NOUN
cblr-8481	70	34	.	.	PUNCT
cblr-8481	71	1	finally	finally	ADV
cblr-8481	71	2	,	,	PUNCT
cblr-8481	71	3	section	section	NOUN
cblr-8481	71	4	ii.c	ii.c	ADV
cblr-8481	71	5	discusses	discuss	VERB
cblr-8481	71	6	the	the	DET
cblr-8481	71	7	court	court	NOUN
cblr-8481	71	8	’s	’s	PART
cblr-8481	71	9	decision	decision	NOUN
cblr-8481	71	10	in	in	ADP
cblr-8481	71	11	janus	janus	PROPN
cblr-8481	71	12	to	to	PART
cblr-8481	71	13	restrict	restrict	VERB
cblr-8481	71	14	liability	liability	NOUN
cblr-8481	71	15	under	under	ADP
cblr-8481	71	16	rule	rule	NOUN
cblr-8481	71	17	10b-5(b	10b-5(b	NUM
cblr-8481	71	18	)	)	PUNCT
cblr-8481	71	19	to	to	ADP
cblr-8481	71	20	the	the	DET
cblr-8481	71	21	“	"	PUNCT
cblr-8481	71	22	maker	maker	NOUN
cblr-8481	71	23	”	"	PUNCT
cblr-8481	71	24	of	of	ADP
cblr-8481	71	25	a	a	DET
cblr-8481	71	26	false	false	ADJ
cblr-8481	71	27	statement	statement	NOUN
cblr-8481	71	28	,	,	PUNCT
cblr-8481	71	29	and	and	CCONJ
cblr-8481	71	30	section	section	NOUN
cblr-8481	71	31	ii.d	ii.d	PRON
cblr-8481	71	32	note	note	VERB
cblr-8481	71	33	–	–	PUNCT
cblr-8481	71	34	lieberman	lieberman	PROPN
cblr-8481	72	1	6/13/2021	6/13/2021	NUM
cblr-8481	72	2	8:45	8:45	NUM
cblr-8481	72	3	pm	pm	NOUN
cblr-8481	72	4	no	no	INTJ
cblr-8481	72	5	.	.	PUNCT
cblr-8481	73	1	1:352	1:352	NUM
cblr-8481	73	2	]	]	X
cblr-8481	73	3	lorenzo	lorenzo	PROPN
cblr-8481	73	4	v.	v.	ADP
cblr-8481	73	5	sec	sec	PROPN
cblr-8481	73	6	and	and	CCONJ
cblr-8481	73	7	the	the	DET
cblr-8481	73	8	expansion	expansion	NOUN
cblr-8481	73	9	of	of	ADP
cblr-8481	73	10	scheme	scheme	NOUN
cblr-8481	73	11	liability	liability	NOUN
cblr-8481	73	12	357	357	NUM
cblr-8481	73	13	discusses	discuss	VERB
cblr-8481	73	14	the	the	DET
cblr-8481	73	15	aftermath	aftermath	NOUN
cblr-8481	73	16	of	of	ADP
cblr-8481	73	17	janus	janus	PROPN
cblr-8481	73	18	and	and	CCONJ
cblr-8481	73	19	the	the	DET
cblr-8481	73	20	cases	case	NOUN
cblr-8481	73	21	that	that	PRON
cblr-8481	73	22	set	set	VERB
cblr-8481	73	23	up	up	ADP
cblr-8481	73	24	the	the	DET
cblr-8481	73	25	legal	legal	ADJ
cblr-8481	73	26	issue	issue	NOUN
cblr-8481	73	27	in	in	ADP
cblr-8481	73	28	lorenzo	lorenzo	PROPN
cblr-8481	73	29	.	.	PUNCT
cblr-8481	74	1	a.	a.	NOUN
cblr-8481	74	2	the	the	DET
cblr-8481	74	3	origins	origin	NOUN
cblr-8481	74	4	of	of	ADP
cblr-8481	74	5	rule	rule	NOUN
cblr-8481	74	6	10b-5	10b-5	NUM
cblr-8481	74	7	rule	rule	NOUN
cblr-8481	74	8	10b-5	10b-5	NUM
cblr-8481	74	9	was	be	AUX
cblr-8481	74	10	adopted	adopt	VERB
cblr-8481	74	11	pursuant	pursuant	ADJ
cblr-8481	74	12	to	to	ADP
cblr-8481	74	13	section	section	NOUN
cblr-8481	74	14	10(b	10(b	NUM
cblr-8481	74	15	)	)	PUNCT
cblr-8481	74	16	of	of	ADP
cblr-8481	74	17	the	the	DET
cblr-8481	74	18	securities	securities	PROPN
cblr-8481	74	19	exchange	exchange	PROPN
cblr-8481	74	20	act	act	NOUN
cblr-8481	74	21	of	of	ADP
cblr-8481	74	22	1934	1934	NUM
cblr-8481	74	23	(	(	PUNCT
cblr-8481	74	24	exchange	exchange	VERB
cblr-8481	74	25	act).10	act).10	VERB
cblr-8481	74	26	that	that	SCONJ
cblr-8481	74	27	statutory	statutory	ADJ
cblr-8481	74	28	provision	provision	NOUN
cblr-8481	74	29	is	be	AUX
cblr-8481	74	30	broad	broad	ADJ
cblr-8481	74	31	in	in	ADP
cblr-8481	74	32	scope	scope	NOUN
cblr-8481	74	33	and	and	CCONJ
cblr-8481	74	34	applies	apply	VERB
cblr-8481	74	35	to	to	ADP
cblr-8481	74	36	the	the	DET
cblr-8481	74	37	sale	sale	NOUN
cblr-8481	74	38	of	of	ADP
cblr-8481	74	39	all	all	DET
cblr-8481	74	40	securities	security	NOUN
cblr-8481	74	41	(	(	PUNCT
cblr-8481	74	42	registered	register	VERB
cblr-8481	74	43	or	or	CCONJ
cblr-8481	74	44	not	not	PART
cblr-8481	74	45	)	)	PUNCT
cblr-8481	74	46	,	,	PUNCT
cblr-8481	74	47	but	but	CCONJ
cblr-8481	74	48	it	it	PRON
cblr-8481	74	49	is	be	AUX
cblr-8481	74	50	not	not	PART
cblr-8481	74	51	self	self	NOUN
cblr-8481	74	52	-	-	PUNCT
cblr-8481	74	53	executing	execute	VERB
cblr-8481	74	54	,	,	PUNCT
cblr-8481	74	55	meaning	mean	VERB
cblr-8481	74	56	that	that	SCONJ
cblr-8481	74	57	it	it	PRON
cblr-8481	74	58	does	do	AUX
cblr-8481	74	59	not	not	PART
cblr-8481	74	60	prohibit	prohibit	VERB
cblr-8481	74	61	anything	anything	PRON
cblr-8481	74	62	until	until	SCONJ
cblr-8481	74	63	the	the	DET
cblr-8481	74	64	sec	sec	PROPN
cblr-8481	74	65	passes	pass	VERB
cblr-8481	74	66	pertinent	pertinent	ADJ
cblr-8481	74	67	regulations.11	regulations.11	VERB
cblr-8481	74	68	the	the	DET
cblr-8481	74	69	sec	sec	PROPN
cblr-8481	74	70	passed	pass	VERB
cblr-8481	74	71	rule	rule	NOUN
cblr-8481	74	72	10b-5	10b-5	NUM
cblr-8481	74	73	in	in	ADP
cblr-8481	74	74	1942	1942	NUM
cblr-8481	74	75	,	,	PUNCT
cblr-8481	74	76	nearly	nearly	ADV
cblr-8481	74	77	a	a	PRON
cblr-8481	74	78	decade	decade	NOUN
cblr-8481	74	79	after	after	ADP
cblr-8481	74	80	the	the	DET
cblr-8481	74	81	enactment	enactment	NOUN
cblr-8481	74	82	of	of	ADP
cblr-8481	74	83	the	the	DET
cblr-8481	74	84	exchange	exchange	NOUN
cblr-8481	74	85	act	act	NOUN
cblr-8481	74	86	,	,	PUNCT
cblr-8481	74	87	under	under	ADP
cblr-8481	74	88	fairly	fairly	ADV
cblr-8481	74	89	unusual	unusual	ADJ
cblr-8481	74	90	circumstances	circumstance	NOUN
cblr-8481	74	91	:	:	PUNCT
cblr-8481	74	92	the	the	DET
cblr-8481	74	93	provision	provision	NOUN
cblr-8481	74	94	was	be	AUX
cblr-8481	74	95	written	write	VERB
cblr-8481	74	96	in	in	ADP
cblr-8481	74	97	a	a	DET
cblr-8481	74	98	single	single	ADJ
cblr-8481	74	99	day	day	NOUN
cblr-8481	74	100	and	and	CCONJ
cblr-8481	74	101	was	be	AUX
cblr-8481	74	102	intentionally	intentionally	ADV
cblr-8481	74	103	patterned	pattern	VERB
cblr-8481	74	104	after	after	ADP
cblr-8481	74	105	section	section	NOUN
cblr-8481	74	106	17(a	17(a	NUM
cblr-8481	74	107	)	)	PUNCT
cblr-8481	74	108	of	of	ADP
cblr-8481	74	109	the	the	DET
cblr-8481	74	110	securities	security	NOUN
cblr-8481	74	111	act	act	NOUN
cblr-8481	74	112	of	of	ADP
cblr-8481	74	113	1933	1933	NUM
cblr-8481	74	114	(	(	PUNCT
cblr-8481	74	115	securities	security	NOUN
cblr-8481	74	116	act),12	act),12	VERB
cblr-8481	74	117	the	the	DET
cblr-8481	74	118	main	main	ADJ
cblr-8481	74	119	anti	anti	ADJ
cblr-8481	74	120	-	-	ADJ
cblr-8481	74	121	fraud	fraud	ADJ
cblr-8481	74	122	provision	provision	NOUN
cblr-8481	74	123	that	that	PRON
cblr-8481	74	124	statute.13	statute.13	VERB
cblr-8481	74	125	the	the	DET
cblr-8481	74	126	rule	rule	NOUN
cblr-8481	74	127	10	10	NUM
cblr-8481	74	128	securities	security	NOUN
cblr-8481	74	129	exchange	exchange	PROPN
cblr-8481	74	130	act	act	NOUN
cblr-8481	74	131	of	of	ADP
cblr-8481	74	132	1934	1934	NUM
cblr-8481	74	133	(	(	PUNCT
cblr-8481	74	134	exchange	exchange	PROPN
cblr-8481	74	135	act	act	PROPN
cblr-8481	74	136	)	)	PUNCT
cblr-8481	74	137	,	,	PUNCT
cblr-8481	75	1	pub	pub	NOUN
cblr-8481	75	2	.	.	PUNCT
cblr-8481	76	1	l.	l.	PROPN
cblr-8481	76	2	no	no	INTJ
cblr-8481	76	3	.	.	PROPN
cblr-8481	77	1	73291	73291	NUM
cblr-8481	77	2	,	,	PUNCT
cblr-8481	77	3	§	§	PROPN
cblr-8481	77	4	10(b	10(b	NUM
cblr-8481	77	5	)	)	PUNCT
cblr-8481	77	6	,	,	PUNCT
cblr-8481	77	7	48	48	NUM
cblr-8481	77	8	stat	stat	NOUN
cblr-8481	77	9	.	.	PUNCT
cblr-8481	78	1	881	881	NUM
cblr-8481	78	2	,	,	PUNCT
cblr-8481	78	3	891	891	NUM
cblr-8481	78	4	(	(	PUNCT
cblr-8481	78	5	codified	codify	VERB
cblr-8481	78	6	as	as	SCONJ
cblr-8481	78	7	amended	amend	VERB
cblr-8481	78	8	at	at	ADP
cblr-8481	78	9	15	15	NUM
cblr-8481	78	10	u.s.c	u.s.c	ADJ
cblr-8481	78	11	.	.	PUNCT
cblr-8481	79	1	78j(b	78j(b	NUM
cblr-8481	79	2	)	)	PUNCT
cblr-8481	79	3	)	)	PUNCT
cblr-8481	79	4	(	(	PUNCT
cblr-8481	79	5	making	make	VERB
cblr-8481	79	6	it	it	PRON
cblr-8481	79	7	unlawful	unlawful	ADJ
cblr-8481	79	8	“	"	PUNCT
cblr-8481	79	9	[	[	X
cblr-8481	79	10	t]o	t]o	NOUN
cblr-8481	79	11	use	use	NOUN
cblr-8481	79	12	or	or	CCONJ
cblr-8481	79	13	employ	employ	VERB
cblr-8481	79	14	,	,	PUNCT
cblr-8481	79	15	in	in	ADP
cblr-8481	79	16	connection	connection	NOUN
cblr-8481	79	17	with	with	ADP
cblr-8481	79	18	the	the	DET
cblr-8481	79	19	purchase	purchase	NOUN
cblr-8481	79	20	or	or	CCONJ
cblr-8481	79	21	sale	sale	NOUN
cblr-8481	79	22	of	of	ADP
cblr-8481	79	23	any	any	DET
cblr-8481	79	24	security	security	NOUN
cblr-8481	79	25	registered	register	VERB
cblr-8481	79	26	on	on	ADP
cblr-8481	79	27	a	a	DET
cblr-8481	79	28	national	national	ADJ
cblr-8481	79	29	securities	security	NOUN
cblr-8481	79	30	exchange	exchange	NOUN
cblr-8481	79	31	or	or	CCONJ
cblr-8481	79	32	any	any	DET
cblr-8481	79	33	security	security	NOUN
cblr-8481	79	34	not	not	PART
cblr-8481	79	35	so	so	ADV
cblr-8481	79	36	registered	register	VERB
cblr-8481	79	37	,	,	PUNCT
cblr-8481	79	38	any	any	DET
cblr-8481	79	39	manipulative	manipulative	ADJ
cblr-8481	79	40	or	or	CCONJ
cblr-8481	79	41	deceptive	deceptive	ADJ
cblr-8481	79	42	device	device	NOUN
cblr-8481	79	43	or	or	CCONJ
cblr-8481	79	44	contrivance	contrivance	NOUN
cblr-8481	79	45	in	in	ADP
cblr-8481	79	46	contravention	contravention	NOUN
cblr-8481	79	47	of	of	ADP
cblr-8481	79	48	such	such	ADJ
cblr-8481	79	49	rules	rule	NOUN
cblr-8481	79	50	and	and	CCONJ
cblr-8481	79	51	regulations	regulation	NOUN
cblr-8481	79	52	as	as	ADP
cblr-8481	79	53	the	the	DET
cblr-8481	79	54	[	[	X
cblr-8481	79	55	sec	sec	PROPN
cblr-8481	79	56	]	]	X
cblr-8481	79	57	may	may	AUX
cblr-8481	79	58	prescribe	prescribe	VERB
cblr-8481	79	59	as	as	ADV
cblr-8481	79	60	necessary	necessary	ADJ
cblr-8481	79	61	or	or	CCONJ
cblr-8481	79	62	appropriate	appropriate	ADJ
cblr-8481	79	63	in	in	ADP
cblr-8481	79	64	the	the	DET
cblr-8481	79	65	public	public	ADJ
cblr-8481	79	66	interest	interest	NOUN
cblr-8481	79	67	or	or	CCONJ
cblr-8481	79	68	for	for	ADP
cblr-8481	79	69	the	the	DET
cblr-8481	79	70	protection	protection	NOUN
cblr-8481	79	71	of	of	ADP
cblr-8481	79	72	investors	investor	NOUN
cblr-8481	79	73	”	"	PUNCT
cblr-8481	79	74	)	)	PUNCT
cblr-8481	79	75	.	.	PUNCT
cblr-8481	80	1	the	the	DET
cblr-8481	80	2	modern	modern	ADJ
cblr-8481	80	3	version	version	NOUN
cblr-8481	80	4	differs	differ	VERB
cblr-8481	80	5	only	only	ADV
cblr-8481	80	6	in	in	ADP
cblr-8481	80	7	its	its	PRON
cblr-8481	80	8	coverage	coverage	NOUN
cblr-8481	80	9	of	of	ADP
cblr-8481	80	10	certain	certain	ADJ
cblr-8481	80	11	swap	swap	NOUN
cblr-8481	80	12	agreements	agreement	NOUN
cblr-8481	80	13	.	.	PUNCT
cblr-8481	81	1	15	15	NUM
cblr-8481	81	2	u.s.c	u.s.c	ADJ
cblr-8481	81	3	.	.	PUNCT
cblr-8481	82	1	§	§	PROPN
cblr-8481	82	2	78j(b	78j(b	NUM
cblr-8481	82	3	)	)	PUNCT
cblr-8481	82	4	.	.	PUNCT
cblr-8481	83	1	11	11	NUM
cblr-8481	83	2	15	15	NUM
cblr-8481	83	3	u.s.c	u.s.c	NOUN
cblr-8481	83	4	.	.	PUNCT
cblr-8481	84	1	§	§	PROPN
cblr-8481	84	2	78j(b	78j(b	NUM
cblr-8481	84	3	)	)	PUNCT
cblr-8481	84	4	.	.	PUNCT
cblr-8481	85	1	12	12	NUM
cblr-8481	85	2	securities	security	NOUN
cblr-8481	85	3	act	act	NOUN
cblr-8481	85	4	of	of	ADP
cblr-8481	85	5	1933	1933	NUM
cblr-8481	85	6	(	(	PUNCT
cblr-8481	85	7	securities	security	NOUN
cblr-8481	85	8	act	act	PROPN
cblr-8481	85	9	)	)	PUNCT
cblr-8481	85	10	,	,	PUNCT
cblr-8481	85	11	pub	pub	NOUN
cblr-8481	85	12	.	.	PUNCT
cblr-8481	86	1	l.	l.	PROPN
cblr-8481	86	2	no	no	INTJ
cblr-8481	86	3	.	.	PUNCT
cblr-8481	87	1	73	73	NUM
cblr-8481	87	2	-	-	SYM
cblr-8481	87	3	22	22	NUM
cblr-8481	87	4	,	,	PUNCT
cblr-8481	87	5	§	§	PROPN
cblr-8481	87	6	17(a	17(a	NUM
cblr-8481	87	7	)	)	PUNCT
cblr-8481	87	8	,	,	PUNCT
cblr-8481	87	9	48	48	NUM
cblr-8481	87	10	stat	stat	NOUN
cblr-8481	87	11	.	.	PUNCT
cblr-8481	88	1	74	74	NUM
cblr-8481	88	2	,	,	PUNCT
cblr-8481	88	3	84–85	84–85	NUM
cblr-8481	88	4	(	(	PUNCT
cblr-8481	88	5	codified	codify	VERB
cblr-8481	88	6	as	as	SCONJ
cblr-8481	88	7	amended	amend	VERB
cblr-8481	88	8	at	at	ADP
cblr-8481	88	9	15	15	NUM
cblr-8481	88	10	u.s.c	u.s.c	ADJ
cblr-8481	88	11	.	.	PUNCT
cblr-8481	89	1	77q(a	77q(a	NOUN
cblr-8481	89	2	)	)	PUNCT
cblr-8481	89	3	)	)	PUNCT
cblr-8481	89	4	.	.	PUNCT
cblr-8481	90	1	13	13	NUM
cblr-8481	90	2	theresa	theresa	PROPN
cblr-8481	90	3	a.	a.	PROPN
cblr-8481	90	4	gabaldon	gabaldon	PROPN
cblr-8481	90	5	,	,	PUNCT
cblr-8481	90	6	crossing	cross	VERB
cblr-8481	90	7	the	the	DET
cblr-8481	90	8	river	river	NOUN
cblr-8481	90	9	:	:	PUNCT
cblr-8481	90	10	lorenzo	lorenzo	PROPN
cblr-8481	90	11	v.	v.	ADP
cblr-8481	90	12	sec	sec	PROPN
cblr-8481	90	13	,	,	PUNCT
cblr-8481	90	14	geo	geo	PROPN
cblr-8481	90	15	.	.	PROPN
cblr-8481	90	16	wash	wash	PROPN
cblr-8481	90	17	.	.	PUNCT
cblr-8481	91	1	l.	l.	PROPN
cblr-8481	91	2	rev	rev	PROPN
cblr-8481	91	3	.	.	PROPN
cblr-8481	92	1	on	on	ADP
cblr-8481	92	2	the	the	DET
cblr-8481	92	3	docket	docket	NOUN
cblr-8481	92	4	(	(	PUNCT
cblr-8481	92	5	apr	apr	PROPN
cblr-8481	92	6	.	.	PROPN
cblr-8481	92	7	2	2	NUM
cblr-8481	92	8	,	,	PUNCT
cblr-8481	92	9	2019	2019	NUM
cblr-8481	92	10	)	)	PUNCT
cblr-8481	92	11	,	,	PUNCT
cblr-8481	92	12	https://www.gwlr.org/crossing-theriver-lorenzo-v-sec	https://www.gwlr.org/crossing-theriver-lorenzo-v-sec	X
cblr-8481	93	1	[	[	X
cblr-8481	93	2	https://perma.cc/spc9-qdmb	https://perma.cc/spc9-qdmb	X
cblr-8481	93	3	]	]	PUNCT
cblr-8481	93	4	.	.	PUNCT
cblr-8481	94	1	section	section	NOUN
cblr-8481	94	2	17(a	17(a	NUM
cblr-8481	94	3	)	)	PUNCT
cblr-8481	94	4	states	state	NOUN
cblr-8481	94	5	:	:	PUNCT
cblr-8481	94	6	it	it	PRON
cblr-8481	94	7	shall	shall	AUX
cblr-8481	94	8	be	be	AUX
cblr-8481	94	9	unlawful	unlawful	ADJ
cblr-8481	94	10	for	for	ADP
cblr-8481	94	11	any	any	DET
cblr-8481	94	12	person	person	NOUN
cblr-8481	94	13	in	in	ADP
cblr-8481	94	14	the	the	DET
cblr-8481	94	15	offer	offer	NOUN
cblr-8481	94	16	or	or	CCONJ
cblr-8481	94	17	sale	sale	NOUN
cblr-8481	94	18	of	of	ADP
cblr-8481	94	19	any	any	DET
cblr-8481	94	20	securities	security	NOUN
cblr-8481	94	21	.	.	PUNCT
cblr-8481	94	22	.	.	PUNCT
cblr-8481	94	23	.	.	PUNCT
cblr-8481	95	1	(	(	PUNCT
cblr-8481	95	2	1	1	X
cblr-8481	95	3	)	)	PUNCT
cblr-8481	95	4	to	to	PART
cblr-8481	95	5	employ	employ	VERB
cblr-8481	95	6	any	any	DET
cblr-8481	95	7	device	device	NOUN
cblr-8481	95	8	,	,	PUNCT
cblr-8481	95	9	scheme	scheme	NOUN
cblr-8481	95	10	,	,	PUNCT
cblr-8481	95	11	or	or	CCONJ
cblr-8481	95	12	artifice	artifice	VERB
cblr-8481	95	13	to	to	PART
cblr-8481	95	14	defraud	defraud	VERB
cblr-8481	95	15	,	,	PUNCT
cblr-8481	95	16	or	or	CCONJ
cblr-8481	95	17	(	(	PUNCT
cblr-8481	95	18	2	2	NUM
cblr-8481	95	19	)	)	PUNCT
cblr-8481	95	20	to	to	PART
cblr-8481	95	21	obtain	obtain	VERB
cblr-8481	95	22	money	money	NOUN
cblr-8481	95	23	or	or	CCONJ
cblr-8481	95	24	property	property	NOUN
cblr-8481	95	25	by	by	ADP
cblr-8481	95	26	means	mean	NOUN
cblr-8481	95	27	of	of	ADP
cblr-8481	95	28	any	any	DET
cblr-8481	95	29	untrue	untrue	ADJ
cblr-8481	95	30	statement	statement	NOUN
cblr-8481	95	31	of	of	ADP
cblr-8481	95	32	a	a	DET
cblr-8481	95	33	material	material	ADJ
cblr-8481	95	34	fact	fact	NOUN
cblr-8481	95	35	or	or	CCONJ
cblr-8481	95	36	any	any	DET
cblr-8481	95	37	omission	omission	NOUN
cblr-8481	95	38	to	to	PART
cblr-8481	95	39	state	state	VERB
cblr-8481	95	40	a	a	DET
cblr-8481	95	41	material	material	ADJ
cblr-8481	95	42	fact	fact	NOUN
cblr-8481	95	43	necessary	necessary	ADJ
cblr-8481	95	44	in	in	ADP
cblr-8481	95	45	order	order	NOUN
cblr-8481	95	46	to	to	PART
cblr-8481	95	47	make	make	VERB
cblr-8481	95	48	the	the	DET
cblr-8481	95	49	statements	statement	NOUN
cblr-8481	95	50	made	make	VERB
cblr-8481	95	51	,	,	PUNCT
cblr-8481	95	52	in	in	ADP
cblr-8481	95	53	light	light	NOUN
cblr-8481	95	54	of	of	ADP
cblr-8481	95	55	the	the	DET
cblr-8481	95	56	circumstances	circumstance	NOUN
cblr-8481	95	57	under	under	ADP
cblr-8481	95	58	which	which	PRON
cblr-8481	95	59	they	they	PRON
cblr-8481	95	60	were	be	AUX
cblr-8481	95	61	made	make	VERB
cblr-8481	95	62	,	,	PUNCT
cblr-8481	95	63	not	not	PART
cblr-8481	95	64	misleading	misleading	ADJ
cblr-8481	95	65	;	;	PUNCT
cblr-8481	95	66	or	or	CCONJ
cblr-8481	95	67	(	(	PUNCT
cblr-8481	95	68	3	3	X
cblr-8481	95	69	)	)	PUNCT
cblr-8481	95	70	to	to	PART
cblr-8481	95	71	engage	engage	VERB
cblr-8481	95	72	in	in	ADP
cblr-8481	95	73	any	any	DET
cblr-8481	95	74	transaction	transaction	NOUN
cblr-8481	95	75	,	,	PUNCT
cblr-8481	95	76	practice	practice	NOUN
cblr-8481	95	77	,	,	PUNCT
cblr-8481	95	78	or	or	CCONJ
cblr-8481	95	79	course	course	NOUN
cblr-8481	95	80	of	of	ADP
cblr-8481	95	81	business	business	NOUN
cblr-8481	95	82	which	which	PRON
cblr-8481	95	83	operates	operate	VERB
cblr-8481	95	84	or	or	CCONJ
cblr-8481	95	85	would	would	AUX
cblr-8481	95	86	operate	operate	VERB
cblr-8481	95	87	as	as	ADP
cblr-8481	95	88	a	a	DET
cblr-8481	95	89	fraud	fraud	NOUN
cblr-8481	95	90	or	or	CCONJ
cblr-8481	95	91	deceit	deceit	NOUN
cblr-8481	95	92	upon	upon	SCONJ
cblr-8481	95	93	the	the	DET
cblr-8481	95	94	purchaser	purchaser	NOUN
cblr-8481	95	95	.	.	PUNCT
cblr-8481	96	1	note	note	VERB
cblr-8481	96	2	lieberman	lieberman	PROPN
cblr-8481	96	3	6/13/2021	6/13/2021	NUM
cblr-8481	96	4	8:45	8:45	NUM
cblr-8481	96	5	pm	pm	NOUN
cblr-8481	96	6	358	358	NUM
cblr-8481	96	7	columbia	columbia	PROPN
cblr-8481	96	8	business	business	NOUN
cblr-8481	96	9	law	law	PROPN
cblr-8481	96	10	review	review	NOUN
cblr-8481	97	1	[	[	X
cblr-8481	97	2	vol	vol	NOUN
cblr-8481	97	3	.	.	PUNCT
cblr-8481	97	4	2021	2021	NUM
cblr-8481	97	5	responded	respond	VERB
cblr-8481	97	6	to	to	ADP
cblr-8481	97	7	a	a	DET
cblr-8481	97	8	gap	gap	NOUN
cblr-8481	97	9	within	within	ADP
cblr-8481	97	10	section	section	NOUN
cblr-8481	97	11	17(a	17(a	NUM
cblr-8481	97	12	)	)	PUNCT
cblr-8481	97	13	,	,	PUNCT
cblr-8481	97	14	which	which	PRON
cblr-8481	97	15	only	only	ADV
cblr-8481	97	16	applied	apply	VERB
cblr-8481	97	17	“	"	PUNCT
cblr-8481	97	18	to	to	PART
cblr-8481	97	19	fraud	fraud	VERB
cblr-8481	97	20	or	or	CCONJ
cblr-8481	97	21	deceit	deceit	NOUN
cblr-8481	97	22	upon	upon	SCONJ
cblr-8481	97	23	the	the	DET
cblr-8481	97	24	purchaser	purchaser	NOUN
cblr-8481	97	25	”	"	PUNCT
cblr-8481	97	26	but	but	CCONJ
cblr-8481	97	27	not	not	PART
cblr-8481	97	28	upon	upon	SCONJ
cblr-8481	97	29	the	the	DET
cblr-8481	97	30	seller	seller	NOUN
cblr-8481	97	31	in	in	ADP
cblr-8481	97	32	a	a	DET
cblr-8481	97	33	transaction.14	transaction.14	PROPN
cblr-8481	97	34	rule	rule	NOUN
cblr-8481	97	35	10b-5	10b-5	NUM
cblr-8481	97	36	specifically	specifically	ADV
cblr-8481	97	37	made	make	VERB
cblr-8481	97	38	it	it	PRON
cblr-8481	97	39	unlawful	unlawful	ADJ
cblr-8481	97	40	“	"	PUNCT
cblr-8481	97	41	[	[	X
cblr-8481	97	42	t]o	t]o	NOUN
cblr-8481	97	43	employ	employ	VERB
cblr-8481	97	44	any	any	DET
cblr-8481	97	45	device	device	NOUN
cblr-8481	97	46	,	,	PUNCT
cblr-8481	97	47	scheme	scheme	NOUN
cblr-8481	97	48	,	,	PUNCT
cblr-8481	97	49	or	or	CCONJ
cblr-8481	97	50	artifice	artifice	VERB
cblr-8481	97	51	to	to	PART
cblr-8481	97	52	defraud,”15	defraud,”15	VERB
cblr-8481	97	53	to	to	PART
cblr-8481	97	54	make	make	VERB
cblr-8481	97	55	a	a	DET
cblr-8481	97	56	misstatement	misstatement	NOUN
cblr-8481	97	57	or	or	CCONJ
cblr-8481	97	58	misleading	misleading	ADJ
cblr-8481	97	59	omission	omission	NOUN
cblr-8481	97	60	of	of	ADP
cblr-8481	97	61	material	material	NOUN
cblr-8481	97	62	fact,16	fact,16	VERB
cblr-8481	97	63	or	or	CCONJ
cblr-8481	97	64	“	"	PUNCT
cblr-8481	97	65	[	[	X
cblr-8481	97	66	t]o	t]o	NOUN
cblr-8481	97	67	engage	engage	VERB
cblr-8481	97	68	in	in	ADP
cblr-8481	97	69	any	any	DET
cblr-8481	97	70	act	act	NOUN
cblr-8481	97	71	,	,	PUNCT
cblr-8481	97	72	practice	practice	NOUN
cblr-8481	97	73	,	,	PUNCT
cblr-8481	97	74	or	or	CCONJ
cblr-8481	97	75	course	course	NOUN
cblr-8481	97	76	of	of	ADP
cblr-8481	97	77	business	business	NOUN
cblr-8481	97	78	which	which	PRON
cblr-8481	97	79	operates	operate	VERB
cblr-8481	97	80	.	.	PUNCT
cblr-8481	97	81	.	.	PUNCT
cblr-8481	97	82	.	.	PUNCT
cblr-8481	98	1	as	as	ADP
cblr-8481	98	2	a	a	DET
cblr-8481	98	3	fraud	fraud	NOUN
cblr-8481	98	4	or	or	CCONJ
cblr-8481	98	5	deceit	deceit	NOUN
cblr-8481	98	6	upon	upon	SCONJ
cblr-8481	98	7	any	any	DET
cblr-8481	98	8	person”17	person”17	PROPN
cblr-8481	98	9	in	in	ADP
cblr-8481	98	10	connection	connection	NOUN
cblr-8481	98	11	with	with	ADP
cblr-8481	98	12	the	the	DET
cblr-8481	98	13	sale	sale	NOUN
cblr-8481	98	14	or	or	CCONJ
cblr-8481	98	15	purchase	purchase	NOUN
cblr-8481	98	16	of	of	ADP
cblr-8481	98	17	a	a	DET
cblr-8481	98	18	security	security	NOUN
cblr-8481	98	19	.	.	PUNCT
cblr-8481	99	1	despite	despite	SCONJ
cblr-8481	99	2	these	these	DET
cblr-8481	99	3	humble	humble	ADJ
cblr-8481	99	4	origins	origin	NOUN
cblr-8481	99	5	,	,	PUNCT
cblr-8481	99	6	rule	rule	NOUN
cblr-8481	99	7	10b-5	10b-5	NUM
cblr-8481	99	8	is	be	AUX
cblr-8481	99	9	now	now	ADV
cblr-8481	99	10	“	"	PUNCT
cblr-8481	99	11	easily	easily	ADV
cblr-8481	99	12	the	the	DET
cblr-8481	99	13	most	most	ADV
cblr-8481	99	14	famous	famous	ADJ
cblr-8481	99	15	,	,	PUNCT
cblr-8481	99	16	and	and	CCONJ
cblr-8481	99	17	arguably	arguably	ADV
cblr-8481	99	18	the	the	DET
cblr-8481	99	19	most	most	ADV
cblr-8481	99	20	important	important	ADJ
cblr-8481	99	21	,	,	PUNCT
cblr-8481	99	22	of	of	ADP
cblr-8481	99	23	all	all	DET
cblr-8481	99	24	the	the	DET
cblr-8481	99	25	sec	sec	PROPN
cblr-8481	99	26	’s	’s	PART
cblr-8481	99	27	many	many	ADJ
cblr-8481	99	28	rules	rule	NOUN
cblr-8481	99	29	.	.	PUNCT
cblr-8481	100	1	”18	”18	NOUN
cblr-8481	100	2	while	while	SCONJ
cblr-8481	100	3	the	the	DET
cblr-8481	100	4	sec	sec	PROPN
cblr-8481	100	5	’s	’s	PART
cblr-8481	100	6	enforcement	enforcement	NOUN
cblr-8481	100	7	powers	power	NOUN
cblr-8481	100	8	are	be	AUX
cblr-8481	100	9	self	self	NOUN
cblr-8481	100	10	-	-	PUNCT
cblr-8481	100	11	evident	evident	ADJ
cblr-8481	100	12	from	from	ADP
cblr-8481	100	13	the	the	DET
cblr-8481	100	14	text	text	NOUN
cblr-8481	100	15	of	of	ADP
cblr-8481	100	16	10b-5	10b-5	NUM
cblr-8481	100	17	,	,	PUNCT
cblr-8481	100	18	why	why	SCONJ
cblr-8481	100	19	there	there	PRON
cblr-8481	100	20	is	be	VERB
cblr-8481	100	21	also	also	ADV
cblr-8481	100	22	a	a	DET
cblr-8481	100	23	private	private	ADJ
cblr-8481	100	24	right	right	NOUN
cblr-8481	100	25	of	of	ADP
cblr-8481	100	26	action	action	NOUN
cblr-8481	100	27	may	may	AUX
cblr-8481	100	28	be	be	AUX
cblr-8481	100	29	less	less	ADV
cblr-8481	100	30	obvious	obvious	ADJ
cblr-8481	100	31	.	.	PUNCT
cblr-8481	101	1	it	it	PRON
cblr-8481	101	2	is	be	AUX
cblr-8481	101	3	a	a	DET
cblr-8481	101	4	“	"	PUNCT
cblr-8481	101	5	judicial	judicial	ADJ
cblr-8481	101	6	gloss	gloss	NOUN
cblr-8481	101	7	”	"	PUNCT
cblr-8481	101	8	on	on	ADP
cblr-8481	101	9	the	the	DET
cblr-8481	101	10	text	text	NOUN
cblr-8481	101	11	and	and	CCONJ
cblr-8481	101	12	was	be	AUX
cblr-8481	101	13	once	once	ADV
cblr-8481	101	14	referred	refer	VERB
cblr-8481	101	15	to	to	ADP
cblr-8481	101	16	by	by	ADP
cblr-8481	101	17	then	then	ADV
cblr-8481	101	18	-	-	PUNCT
cblr-8481	101	19	justice	justice	PROPN
cblr-8481	101	20	william	william	PROPN
cblr-8481	101	21	rehnquist	rehnquist	PROPN
cblr-8481	101	22	as	as	ADP
cblr-8481	101	23	“	"	PUNCT
cblr-8481	101	24	a	a	DET
cblr-8481	101	25	species	species	NOUN
cblr-8481	101	26	of	of	ADP
cblr-8481	101	27	federal	federal	ADJ
cblr-8481	101	28	common	common	ADJ
cblr-8481	101	29	law	law	NOUN
cblr-8481	101	30	only	only	ADV
cblr-8481	101	31	loosely	loosely	ADV
cblr-8481	101	32	tied	tie	VERB
cblr-8481	101	33	to	to	ADP
cblr-8481	101	34	the	the	DET
cblr-8481	101	35	statutory	statutory	ADJ
cblr-8481	101	36	text	text	NOUN
cblr-8481	101	37	.	.	PUNCT
cblr-8481	102	1	”19	”19	NOUN
cblr-8481	102	2	while	while	SCONJ
cblr-8481	102	3	implying	imply	VERB
cblr-8481	102	4	a	a	DET
cblr-8481	102	5	private	private	ADJ
cblr-8481	102	6	right	right	NOUN
cblr-8481	102	7	of	of	ADP
cblr-8481	102	8	action	action	NOUN
cblr-8481	102	9	would	would	AUX
cblr-8481	102	10	seem	seem	VERB
cblr-8481	102	11	strange	strange	ADJ
cblr-8481	102	12	today	today	NOUN
cblr-8481	102	13	given	give	VERB
cblr-8481	102	14	the	the	DET
cblr-8481	102	15	federal	federal	ADJ
cblr-8481	102	16	judiciary	judiciary	NOUN
cblr-8481	102	17	’s	’s	PART
cblr-8481	102	18	adoption	adoption	NOUN
cblr-8481	102	19	of	of	ADP
cblr-8481	102	20	textualism,20	textualism,20	PROPN
cblr-8481	102	21	justice	justice	PROPN
cblr-8481	102	22	john	john	PROPN
cblr-8481	102	23	paul	paul	PROPN
cblr-8481	102	24	stevens	stevens	PROPN
cblr-8481	102	25	pointed	point	VERB
cblr-8481	102	26	out	out	ADP
cblr-8481	102	27	that	that	SCONJ
cblr-8481	102	28	“	"	PUNCT
cblr-8481	102	29	[	[	X
cblr-8481	102	30	a]s	a]s	ADJ
cblr-8481	102	31	was	be	AUX
cblr-8481	102	32	true	true	ADJ
cblr-8481	102	33	during	during	ADP
cblr-8481	102	34	most	most	ADJ
cblr-8481	102	35	of	of	ADP
cblr-8481	102	36	our	our	PRON
cblr-8481	102	37	history	history	NOUN
cblr-8481	102	38	,	,	PUNCT
cblr-8481	102	39	the	the	DET
cblr-8481	102	40	federal	federal	ADJ
cblr-8481	102	41	courts	court	NOUN
cblr-8481	102	42	[	[	X
cblr-8481	102	43	in	in	ADP
cblr-8481	102	44	the	the	DET
cblr-8481	102	45	1940s	1940	NOUN
cblr-8481	102	46	]	]	PUNCT
cblr-8481	102	47	presumed	presume	VERB
cblr-8481	102	48	that	that	SCONJ
cblr-8481	102	49	a	a	DET
cblr-8481	102	50	statute	statute	NOUN
cblr-8481	102	51	enacted	enact	VERB
cblr-8481	102	52	to	to	ADP
cblr-8481	102	53	15	15	NUM
cblr-8481	102	54	u.s.c	u.s.c	ADJ
cblr-8481	102	55	.	.	PUNCT
cblr-8481	103	1	§	§	PROPN
cblr-8481	103	2	77q(a	77q(a	PROPN
cblr-8481	103	3	)	)	PUNCT
cblr-8481	103	4	.	.	PUNCT
cblr-8481	104	1	14	14	NUM
cblr-8481	104	2	see	see	VERB
cblr-8481	104	3	15	15	NUM
cblr-8481	104	4	u.s.c	u.s.c	ADJ
cblr-8481	104	5	.	.	PUNCT
cblr-8481	105	1	§	§	PROPN
cblr-8481	105	2	77q(a	77q(a	PROPN
cblr-8481	105	3	)	)	PUNCT
cblr-8481	105	4	.	.	PUNCT
cblr-8481	106	1	according	accord	VERB
cblr-8481	106	2	to	to	ADP
cblr-8481	106	3	the	the	DET
cblr-8481	106	4	author	author	NOUN
cblr-8481	106	5	of	of	ADP
cblr-8481	106	6	the	the	DET
cblr-8481	106	7	regulation	regulation	NOUN
cblr-8481	106	8	,	,	PUNCT
cblr-8481	106	9	sec	sec	PROPN
cblr-8481	106	10	assistant	assistant	PROPN
cblr-8481	106	11	solicitor	solicitor	PROPN
cblr-8481	106	12	milton	milton	PROPN
cblr-8481	106	13	v.	v.	PROPN
cblr-8481	106	14	freeman	freeman	PROPN
cblr-8481	106	15	,	,	PUNCT
cblr-8481	106	16	he	he	PRON
cblr-8481	106	17	simply	simply	ADV
cblr-8481	106	18	“	"	PUNCT
cblr-8481	106	19	looked	look	VERB
cblr-8481	106	20	at	at	ADP
cblr-8481	106	21	section	section	NOUN
cblr-8481	106	22	10(b	10(b	NUM
cblr-8481	106	23	)	)	PUNCT
cblr-8481	106	24	and	and	CCONJ
cblr-8481	106	25	.	.	PUNCT
cblr-8481	106	26	.	.	PUNCT
cblr-8481	106	27	.	.	PUNCT
cblr-8481	107	1	section	section	NOUN
cblr-8481	107	2	17	17	NUM
cblr-8481	107	3	,	,	PUNCT
cblr-8481	107	4	and	and	CCONJ
cblr-8481	107	5	[	[	X
cblr-8481	107	6	he	he	PRON
cblr-8481	107	7	]	]	PUNCT
cblr-8481	107	8	put	put	VERB
cblr-8481	107	9	them	they	PRON
cblr-8481	107	10	together	together	ADV
cblr-8481	107	11	,	,	PUNCT
cblr-8481	107	12	and	and	CCONJ
cblr-8481	107	13	the	the	DET
cblr-8481	107	14	only	only	ADJ
cblr-8481	107	15	discussion	discussion	NOUN
cblr-8481	107	16	[	[	X
cblr-8481	107	17	he	he	PRON
cblr-8481	107	18	and	and	CCONJ
cblr-8481	107	19	a	a	DET
cblr-8481	107	20	fellow	fellow	ADJ
cblr-8481	107	21	sec	sec	PROPN
cblr-8481	107	22	official	official	NOUN
cblr-8481	107	23	had	have	VERB
cblr-8481	107	24	]	]	PUNCT
cblr-8481	107	25	was	be	AUX
cblr-8481	107	26	where	where	SCONJ
cblr-8481	107	27	‘	'	PUNCT
cblr-8481	107	28	in	in	ADP
cblr-8481	107	29	connection	connection	NOUN
cblr-8481	107	30	with	with	ADP
cblr-8481	107	31	the	the	DET
cblr-8481	107	32	purchase	purchase	NOUN
cblr-8481	107	33	or	or	CCONJ
cblr-8481	107	34	sale	sale	NOUN
cblr-8481	107	35	’	'	PUNCT
cblr-8481	107	36	should	should	AUX
cblr-8481	107	37	be	be	AUX
cblr-8481	107	38	,	,	PUNCT
cblr-8481	107	39	and	and	CCONJ
cblr-8481	107	40	[	[	X
cblr-8481	107	41	they	they	PRON
cblr-8481	107	42	]	]	PUNCT
cblr-8481	107	43	decided	decide	VERB
cblr-8481	107	44	it	it	PRON
cblr-8481	107	45	should	should	AUX
cblr-8481	107	46	be	be	AUX
cblr-8481	107	47	at	at	ADP
cblr-8481	107	48	the	the	DET
cblr-8481	107	49	end	end	NOUN
cblr-8481	107	50	.	.	PUNCT
cblr-8481	107	51	”	"	PUNCT
cblr-8481	108	1	milton	milton	PROPN
cblr-8481	108	2	v.	v.	ADP
cblr-8481	108	3	freeman	freeman	PROPN
cblr-8481	108	4	,	,	PUNCT
cblr-8481	108	5	administrative	administrative	ADJ
cblr-8481	108	6	procedures	procedure	NOUN
cblr-8481	108	7	,	,	PUNCT
cblr-8481	108	8	22	22	NUM
cblr-8481	108	9	bus	bus	NOUN
cblr-8481	108	10	.	.	PUNCT
cblr-8481	109	1	law	law	NOUN
cblr-8481	109	2	.	.	PUNCT
cblr-8481	110	1	891	891	NUM
cblr-8481	110	2	,	,	PUNCT
cblr-8481	110	3	922	922	NUM
cblr-8481	110	4	(	(	PUNCT
cblr-8481	110	5	1967	1967	NUM
cblr-8481	110	6	)	)	PUNCT
cblr-8481	110	7	.	.	PUNCT
cblr-8481	111	1	the	the	DET
cblr-8481	111	2	sec	sec	PROPN
cblr-8481	111	3	commissioners	commissioner	NOUN
cblr-8481	111	4	unanimously	unanimously	ADV
cblr-8481	111	5	approved	approve	VERB
cblr-8481	111	6	it	it	PRON
cblr-8481	111	7	the	the	DET
cblr-8481	111	8	same	same	ADJ
cblr-8481	111	9	day	day	NOUN
cblr-8481	111	10	.	.	PUNCT
cblr-8481	112	1	15	15	NUM
cblr-8481	112	2	17	17	NUM
cblr-8481	112	3	c.f.r	c.f.r	NOUN
cblr-8481	112	4	.	.	PUNCT
cblr-8481	113	1	§	§	PROPN
cblr-8481	113	2	240.10b-5(a	240.10b-5(a	NUM
cblr-8481	113	3	)	)	PUNCT
cblr-8481	113	4	(	(	PUNCT
cblr-8481	113	5	2020	2020	NUM
cblr-8481	113	6	)	)	PUNCT
cblr-8481	113	7	.	.	PUNCT
cblr-8481	114	1	16	16	NUM
cblr-8481	115	1	i	i	PRON
cblr-8481	115	2	d.	d.	PROPN
cblr-8481	115	3	§	§	PROPN
cblr-8481	115	4	240.10b-5(b	240.10b-5(b	NUM
cblr-8481	115	5	)	)	PUNCT
cblr-8481	115	6	.	.	PUNCT
cblr-8481	116	1	17	17	NUM
cblr-8481	117	1	i	i	PRON
cblr-8481	117	2	d.	d.	PROPN
cblr-8481	117	3	§	§	PROPN
cblr-8481	117	4	240.10b-5(c	240.10b-5(c	NUM
cblr-8481	117	5	)	)	PUNCT
cblr-8481	117	6	.	.	PUNCT
cblr-8481	118	1	18	18	NUM
cblr-8481	118	2	klein	klein	PROPN
cblr-8481	118	3	et	et	PROPN
cblr-8481	118	4	al	al	PROPN
cblr-8481	118	5	.	.	PROPN
cblr-8481	118	6	,	,	PUNCT
cblr-8481	118	7	supra	supra	PROPN
cblr-8481	118	8	note	note	NOUN
cblr-8481	118	9	2	2	NUM
cblr-8481	118	10	,	,	PUNCT
cblr-8481	118	11	at	at	ADP
cblr-8481	118	12	447	447	NUM
cblr-8481	118	13	.	.	NOUN
cblr-8481	118	14	19	19	NUM
cblr-8481	119	1	i	i	PROPN
cblr-8481	119	2	d.	d.	PROPN
cblr-8481	119	3	justice	justice	PROPN
cblr-8481	119	4	rehnquist	rehnquist	PROPN
cblr-8481	119	5	similarly	similarly	ADV
cblr-8481	119	6	characterized	characterize	VERB
cblr-8481	119	7	the	the	DET
cblr-8481	119	8	rule	rule	NOUN
cblr-8481	119	9	’s	’s	PART
cblr-8481	119	10	jurisprudence	jurisprudence	NOUN
cblr-8481	119	11	as	as	ADP
cblr-8481	119	12	“	"	PUNCT
cblr-8481	119	13	a	a	DET
cblr-8481	119	14	judicial	judicial	ADJ
cblr-8481	119	15	oak	oak	NOUN
cblr-8481	119	16	which	which	PRON
cblr-8481	119	17	has	have	AUX
cblr-8481	119	18	grown	grow	VERB
cblr-8481	119	19	from	from	ADP
cblr-8481	119	20	little	little	ADJ
cblr-8481	119	21	more	more	ADJ
cblr-8481	119	22	than	than	ADP
cblr-8481	119	23	a	a	DET
cblr-8481	119	24	legislative	legislative	ADJ
cblr-8481	119	25	acorn	acorn	NOUN
cblr-8481	119	26	.	.	PUNCT
cblr-8481	119	27	”	"	PUNCT
cblr-8481	120	1	blue	blue	ADJ
cblr-8481	120	2	chip	chip	NOUN
cblr-8481	120	3	stamps	stamp	NOUN
cblr-8481	120	4	v.	v.	ADP
cblr-8481	120	5	manor	manor	NOUN
cblr-8481	120	6	drug	drug	NOUN
cblr-8481	120	7	stores	store	NOUN
cblr-8481	120	8	,	,	PUNCT
cblr-8481	120	9	421	421	NUM
cblr-8481	120	10	u.s	u.s	PROPN
cblr-8481	120	11	.	.	PROPN
cblr-8481	120	12	723	723	NUM
cblr-8481	120	13	,	,	PUNCT
cblr-8481	120	14	737	737	NUM
cblr-8481	120	15	(	(	PUNCT
cblr-8481	120	16	1975	1975	NUM
cblr-8481	120	17	)	)	PUNCT
cblr-8481	120	18	.	.	PUNCT
cblr-8481	121	1	20	20	NUM
cblr-8481	121	2	that	that	PRON
cblr-8481	121	3	is	be	AUX
cblr-8481	121	4	because	because	SCONJ
cblr-8481	121	5	textualism	textualism	NOUN
cblr-8481	121	6	holds	hold	VERB
cblr-8481	121	7	“	"	PUNCT
cblr-8481	121	8	that	that	SCONJ
cblr-8481	121	9	the	the	DET
cblr-8481	121	10	words	word	NOUN
cblr-8481	121	11	of	of	ADP
cblr-8481	121	12	a	a	DET
cblr-8481	121	13	governing	govern	VERB
cblr-8481	121	14	text	text	NOUN
cblr-8481	121	15	are	be	AUX
cblr-8481	121	16	of	of	ADP
cblr-8481	121	17	paramount	paramount	ADJ
cblr-8481	121	18	concern	concern	NOUN
cblr-8481	121	19	and	and	CCONJ
cblr-8481	121	20	that	that	SCONJ
cblr-8481	121	21	what	what	PRON
cblr-8481	121	22	they	they	PRON
cblr-8481	121	23	fairly	fairly	ADV
cblr-8481	121	24	convey	convey	VERB
cblr-8481	121	25	in	in	ADP
cblr-8481	121	26	their	their	PRON
cblr-8481	121	27	context	context	NOUN
cblr-8481	121	28	is	be	AUX
cblr-8481	121	29	what	what	PRON
cblr-8481	121	30	the	the	DET
cblr-8481	121	31	text	text	NOUN
cblr-8481	121	32	means	mean	VERB
cblr-8481	121	33	.	.	PUNCT
cblr-8481	121	34	”	"	PUNCT
cblr-8481	122	1	textualism	textualism	NOUN
cblr-8481	122	2	,	,	PUNCT
cblr-8481	122	3	black	black	NOUN
cblr-8481	122	4	’s	’s	PART
cblr-8481	122	5	law	law	NOUN
cblr-8481	122	6	dictionary	dictionary	NOUN
cblr-8481	122	7	(	(	PUNCT
cblr-8481	122	8	11th	11th	ADJ
cblr-8481	122	9	ed	ed	NOUN
cblr-8481	122	10	.	.	PROPN
cblr-8481	122	11	2019	2019	NUM
cblr-8481	122	12	)	)	PUNCT
cblr-8481	122	13	.	.	PUNCT
cblr-8481	123	1	thus	thus	ADV
cblr-8481	123	2	,	,	PUNCT
cblr-8481	123	3	under	under	ADP
cblr-8481	123	4	this	this	DET
cblr-8481	123	5	approach	approach	NOUN
cblr-8481	123	6	,	,	PUNCT
cblr-8481	123	7	a	a	DET
cblr-8481	123	8	private	private	ADJ
cblr-8481	123	9	right	right	NOUN
cblr-8481	123	10	of	of	ADP
cblr-8481	123	11	action	action	NOUN
cblr-8481	123	12	would	would	AUX
cblr-8481	123	13	not	not	PART
cblr-8481	123	14	be	be	AUX
cblr-8481	123	15	read	read	VERB
cblr-8481	123	16	into	into	ADP
cblr-8481	123	17	a	a	DET
cblr-8481	123	18	statute	statute	NOUN
cblr-8481	123	19	or	or	CCONJ
cblr-8481	123	20	regulation	regulation	NOUN
cblr-8481	123	21	unless	unless	SCONJ
cblr-8481	123	22	explicitly	explicitly	ADV
cblr-8481	123	23	stated	state	VERB
cblr-8481	123	24	.	.	PUNCT
cblr-8481	124	1	note	note	NOUN
cblr-8481	124	2	–	–	PUNCT
cblr-8481	124	3	lieberman	lieberman	PROPN
cblr-8481	125	1	6/13/2021	6/13/2021	NUM
cblr-8481	125	2	8:45	8:45	NUM
cblr-8481	125	3	pm	pm	NOUN
cblr-8481	125	4	no	no	INTJ
cblr-8481	125	5	.	.	PUNCT
cblr-8481	126	1	1:352	1:352	NUM
cblr-8481	126	2	]	]	X
cblr-8481	126	3	lorenzo	lorenzo	PROPN
cblr-8481	126	4	v.	v.	ADP
cblr-8481	126	5	sec	sec	PROPN
cblr-8481	126	6	and	and	CCONJ
cblr-8481	126	7	the	the	DET
cblr-8481	126	8	expansion	expansion	NOUN
cblr-8481	126	9	of	of	ADP
cblr-8481	126	10	scheme	scheme	NOUN
cblr-8481	126	11	liability	liability	NOUN
cblr-8481	126	12	359	359	NUM
cblr-8481	126	13	benefit	benefit	VERB
cblr-8481	126	14	a	a	DET
cblr-8481	126	15	special	special	ADJ
cblr-8481	126	16	class	class	NOUN
cblr-8481	126	17	provided	provide	VERB
cblr-8481	126	18	a	a	DET
cblr-8481	126	19	remedy	remedy	NOUN
cblr-8481	126	20	for	for	ADP
cblr-8481	126	21	those	those	DET
cblr-8481	126	22	members	member	NOUN
cblr-8481	126	23	injured	injure	VERB
cblr-8481	126	24	by	by	ADP
cblr-8481	126	25	violations	violation	NOUN
cblr-8481	126	26	of	of	ADP
cblr-8481	126	27	the	the	DET
cblr-8481	126	28	statute	statute	NOUN
cblr-8481	126	29	.	.	PUNCT
cblr-8481	127	1	”21	”21	PROPN
cblr-8481	127	2	the	the	DET
cblr-8481	127	3	supreme	supreme	PROPN
cblr-8481	127	4	court	court	PROPN
cblr-8481	127	5	has	have	AUX
cblr-8481	127	6	continually	continually	ADV
cblr-8481	127	7	upheld	uphold	VERB
cblr-8481	127	8	the	the	DET
cblr-8481	127	9	private	private	ADJ
cblr-8481	127	10	right	right	NOUN
cblr-8481	127	11	of	of	ADP
cblr-8481	127	12	action	action	NOUN
cblr-8481	127	13	ever	ever	ADV
cblr-8481	127	14	since.22	since.22	VERB
cblr-8481	127	15	it	it	PRON
cblr-8481	127	16	is	be	AUX
cblr-8481	127	17	important	important	ADJ
cblr-8481	127	18	to	to	PART
cblr-8481	127	19	note	note	VERB
cblr-8481	127	20	that	that	SCONJ
cblr-8481	127	21	in	in	ADP
cblr-8481	127	22	the	the	DET
cblr-8481	127	23	course	course	NOUN
cblr-8481	127	24	of	of	ADP
cblr-8481	127	25	defining	define	VERB
cblr-8481	127	26	the	the	DET
cblr-8481	127	27	scope	scope	NOUN
cblr-8481	127	28	of	of	ADP
cblr-8481	127	29	the	the	DET
cblr-8481	127	30	private	private	ADJ
cblr-8481	127	31	right	right	NOUN
cblr-8481	127	32	of	of	ADP
cblr-8481	127	33	action	action	NOUN
cblr-8481	127	34	,	,	PUNCT
cblr-8481	127	35	the	the	DET
cblr-8481	127	36	courts	court	NOUN
cblr-8481	127	37	also	also	ADV
cblr-8481	127	38	developed	develop	VERB
cblr-8481	127	39	six	six	NUM
cblr-8481	127	40	elements	element	NOUN
cblr-8481	127	41	that	that	PRON
cblr-8481	127	42	must	must	AUX
cblr-8481	127	43	be	be	AUX
cblr-8481	127	44	shown	show	VERB
cblr-8481	127	45	in	in	ADP
cblr-8481	127	46	order	order	NOUN
cblr-8481	127	47	to	to	PART
cblr-8481	127	48	bring	bring	VERB
cblr-8481	127	49	a	a	DET
cblr-8481	127	50	successful	successful	ADJ
cblr-8481	127	51	securities	security	NOUN
cblr-8481	127	52	fraud	fraud	NOUN
cblr-8481	127	53	action	action	NOUN
cblr-8481	127	54	under	under	ADP
cblr-8481	127	55	10b-5	10b-5	NUM
cblr-8481	127	56	as	as	ADP
cblr-8481	127	57	a	a	DET
cblr-8481	127	58	private	private	ADJ
cblr-8481	127	59	litigant	litigant	NOUN
cblr-8481	127	60	.	.	PUNCT
cblr-8481	128	1	according	accord	VERB
cblr-8481	128	2	to	to	ADP
cblr-8481	128	3	the	the	DET
cblr-8481	128	4	supreme	supreme	PROPN
cblr-8481	128	5	court	court	PROPN
cblr-8481	128	6	,	,	PUNCT
cblr-8481	128	7	these	these	DET
cblr-8481	128	8	elements	element	NOUN
cblr-8481	128	9	are	be	AUX
cblr-8481	128	10	“	"	PUNCT
cblr-8481	128	11	(	(	PUNCT
cblr-8481	128	12	1	1	X
cblr-8481	128	13	)	)	PUNCT
cblr-8481	128	14	a	a	DET
cblr-8481	128	15	material	material	NOUN
cblr-8481	128	16	misrepresentation	misrepresentation	NOUN
cblr-8481	128	17	or	or	CCONJ
cblr-8481	128	18	omission	omission	NOUN
cblr-8481	128	19	by	by	ADP
cblr-8481	128	20	the	the	DET
cblr-8481	128	21	defendant	defendant	NOUN
cblr-8481	128	22	;	;	PUNCT
cblr-8481	128	23	(	(	PUNCT
cblr-8481	128	24	2	2	X
cblr-8481	128	25	)	)	PUNCT
cblr-8481	128	26	scienter	scienter	NOUN
cblr-8481	128	27	;	;	PUNCT
cblr-8481	128	28	(	(	PUNCT
cblr-8481	128	29	3	3	X
cblr-8481	128	30	)	)	PUNCT
cblr-8481	128	31	a	a	DET
cblr-8481	128	32	connection	connection	NOUN
cblr-8481	128	33	between	between	ADP
cblr-8481	128	34	the	the	DET
cblr-8481	128	35	misrepresentation	misrepresentation	NOUN
cblr-8481	128	36	or	or	CCONJ
cblr-8481	128	37	omission	omission	NOUN
cblr-8481	128	38	and	and	CCONJ
cblr-8481	128	39	the	the	DET
cblr-8481	128	40	purchase	purchase	NOUN
cblr-8481	128	41	or	or	CCONJ
cblr-8481	128	42	sale	sale	NOUN
cblr-8481	128	43	of	of	ADP
cblr-8481	128	44	a	a	DET
cblr-8481	128	45	security	security	NOUN
cblr-8481	128	46	;	;	PUNCT
cblr-8481	128	47	(	(	PUNCT
cblr-8481	128	48	4	4	X
cblr-8481	128	49	)	)	PUNCT
cblr-8481	128	50	reliance	reliance	NOUN
cblr-8481	128	51	upon	upon	SCONJ
cblr-8481	128	52	the	the	DET
cblr-8481	128	53	misrepresentation	misrepresentation	NOUN
cblr-8481	128	54	or	or	CCONJ
cblr-8481	128	55	omission	omission	NOUN
cblr-8481	128	56	;	;	PUNCT
cblr-8481	128	57	(	(	PUNCT
cblr-8481	128	58	5	5	X
cblr-8481	128	59	)	)	PUNCT
cblr-8481	128	60	economic	economic	ADJ
cblr-8481	128	61	loss	loss	NOUN
cblr-8481	128	62	;	;	PUNCT
cblr-8481	128	63	and	and	CCONJ
cblr-8481	128	64	(	(	PUNCT
cblr-8481	128	65	6	6	NUM
cblr-8481	128	66	)	)	PUNCT
cblr-8481	128	67	loss	loss	NOUN
cblr-8481	128	68	causation	causation	NOUN
cblr-8481	128	69	.	.	PUNCT
cblr-8481	129	1	”23	”23	ADV
cblr-8481	129	2	these	these	DET
cblr-8481	129	3	elements	element	NOUN
cblr-8481	129	4	,	,	PUNCT
cblr-8481	129	5	in	in	ADP
cblr-8481	129	6	particular	particular	ADJ
cblr-8481	129	7	the	the	DET
cblr-8481	129	8	scienter	scienter	NOUN
cblr-8481	129	9	requirement24	requirement24	NOUN
cblr-8481	129	10	and	and	CCONJ
cblr-8481	129	11	the	the	DET
cblr-8481	129	12	reliance	reliance	NOUN
cblr-8481	129	13	requirement,25	requirement,25	PROPN
cblr-8481	129	14	play	play	VERB
cblr-8481	129	15	an	an	DET
cblr-8481	129	16	important	important	ADJ
cblr-8481	129	17	role	role	NOUN
cblr-8481	129	18	in	in	ADP
cblr-8481	129	19	this	this	DET
cblr-8481	129	20	note	note	NOUN
cblr-8481	129	21	,	,	PUNCT
cblr-8481	129	22	both	both	CCONJ
cblr-8481	129	23	in	in	ADP
cblr-8481	129	24	understanding	understand	VERB
cblr-8481	129	25	the	the	DET
cblr-8481	129	26	cases	case	NOUN
cblr-8481	129	27	discussed	discuss	VERB
cblr-8481	129	28	and	and	CCONJ
cblr-8481	129	29	the	the	DET
cblr-8481	129	30	application	application	NOUN
cblr-8481	129	31	of	of	ADP
cblr-8481	129	32	the	the	DET
cblr-8481	129	33	“	"	PUNCT
cblr-8481	129	34	modified	modified	ADJ
cblr-8481	129	35	creator	creator	NOUN
cblr-8481	129	36	standard	standard	NOUN
cblr-8481	129	37	.	.	PUNCT
cblr-8481	129	38	”	"	PUNCT
cblr-8481	130	1	b.	b.	PROPN
cblr-8481	130	2	limiting	limit	VERB
cblr-8481	130	3	the	the	DET
cblr-8481	130	4	scope	scope	NOUN
cblr-8481	130	5	of	of	ADP
cblr-8481	130	6	the	the	DET
cblr-8481	130	7	private	private	ADJ
cblr-8481	130	8	right	right	NOUN
cblr-8481	130	9	of	of	ADP
cblr-8481	130	10	action	action	NOUN
cblr-8481	130	11	while	while	SCONJ
cblr-8481	130	12	the	the	DET
cblr-8481	130	13	private	private	ADJ
cblr-8481	130	14	right	right	NOUN
cblr-8481	130	15	of	of	ADP
cblr-8481	130	16	action	action	NOUN
cblr-8481	130	17	remains	remain	VERB
cblr-8481	130	18	in	in	ADP
cblr-8481	130	19	place	place	NOUN
cblr-8481	130	20	,	,	PUNCT
cblr-8481	130	21	its	its	PRON
cblr-8481	130	22	scope	scope	NOUN
cblr-8481	130	23	has	have	AUX
cblr-8481	130	24	been	be	AUX
cblr-8481	130	25	reduced	reduce	VERB
cblr-8481	130	26	by	by	ADP
cblr-8481	130	27	the	the	DET
cblr-8481	130	28	courts	court	NOUN
cblr-8481	130	29	,	,	PUNCT
cblr-8481	130	30	and	and	CCONJ
cblr-8481	130	31	,	,	PUNCT
cblr-8481	130	32	to	to	ADP
cblr-8481	130	33	a	a	DET
cblr-8481	130	34	lesser	less	ADJ
cblr-8481	130	35	extent	extent	NOUN
cblr-8481	130	36	,	,	PUNCT
cblr-8481	130	37	21	21	NUM
cblr-8481	130	38	lampf	lampf	NOUN
cblr-8481	130	39	,	,	PUNCT
cblr-8481	130	40	pleva	pleva	NOUN
cblr-8481	130	41	,	,	PUNCT
cblr-8481	130	42	lipkind	lipkind	ADJ
cblr-8481	130	43	,	,	PUNCT
cblr-8481	130	44	prupis	prupis	ADJ
cblr-8481	130	45	&	&	CCONJ
cblr-8481	130	46	petigrow	petigrow	VERB
cblr-8481	130	47	v.	v.	ADP
cblr-8481	130	48	gilbertson	gilbertson	NOUN
cblr-8481	130	49	,	,	PUNCT
cblr-8481	130	50	501	501	NUM
cblr-8481	130	51	u.s	u.s	PROPN
cblr-8481	130	52	.	.	PROPN
cblr-8481	130	53	350	350	NUM
cblr-8481	130	54	,	,	PUNCT
cblr-8481	130	55	366	366	NUM
cblr-8481	130	56	(	(	PUNCT
cblr-8481	130	57	1991	1991	NUM
cblr-8481	130	58	)	)	PUNCT
cblr-8481	130	59	(	(	PUNCT
cblr-8481	130	60	stevens	stevens	PROPN
cblr-8481	130	61	,	,	PUNCT
cblr-8481	130	62	j.	j.	PROPN
cblr-8481	130	63	,	,	PUNCT
cblr-8481	130	64	dissenting	dissent	VERB
cblr-8481	130	65	)	)	PUNCT
cblr-8481	130	66	(	(	PUNCT
cblr-8481	130	67	citing	cite	VERB
cblr-8481	130	68	tex	tex	PROPN
cblr-8481	130	69	.	.	PROPN
cblr-8481	130	70	&	&	CCONJ
cblr-8481	130	71	pac	pac	PROPN
cblr-8481	130	72	.	.	PUNCT
cblr-8481	131	1	ry	ry	PROPN
cblr-8481	131	2	.	.	PROPN
cblr-8481	131	3	co.	co.	PROPN
cblr-8481	131	4	v.	v.	ADP
cblr-8481	131	5	a.	a.	PROPN
cblr-8481	131	6	r.	r.	PROPN
cblr-8481	131	7	rigsby	rigsby	PROPN
cblr-8481	131	8	,	,	PUNCT
cblr-8481	131	9	241	241	NUM
cblr-8481	131	10	u.s	u.s	PROPN
cblr-8481	131	11	.	.	PROPN
cblr-8481	131	12	33	33	NUM
cblr-8481	131	13	,	,	PUNCT
cblr-8481	131	14	39–40	39–40	NUM
cblr-8481	131	15	(	(	PUNCT
cblr-8481	131	16	1916	1916	NUM
cblr-8481	131	17	)	)	PUNCT
cblr-8481	131	18	)	)	PUNCT
cblr-8481	131	19	.	.	PUNCT
cblr-8481	132	1	the	the	DET
cblr-8481	132	2	private	private	ADJ
cblr-8481	132	3	right	right	NOUN
cblr-8481	132	4	of	of	ADP
cblr-8481	132	5	action	action	NOUN
cblr-8481	132	6	originated	originate	VERB
cblr-8481	132	7	in	in	ADP
cblr-8481	132	8	kardon	kardon	PROPN
cblr-8481	132	9	v.	v.	ADP
cblr-8481	132	10	national	national	PROPN
cblr-8481	132	11	gypsum	gypsum	PROPN
cblr-8481	132	12	co.	co.	PROPN
cblr-8481	132	13	,	,	PUNCT
cblr-8481	132	14	69	69	NUM
cblr-8481	132	15	f.	f.	PROPN
cblr-8481	132	16	supp	supp	PROPN
cblr-8481	132	17	.	.	PUNCT
cblr-8481	133	1	512	512	NUM
cblr-8481	133	2	,	,	PUNCT
cblr-8481	133	3	514	514	NUM
cblr-8481	133	4	(	(	PUNCT
cblr-8481	133	5	e.d	e.d	PROPN
cblr-8481	133	6	.	.	PROPN
cblr-8481	133	7	pa	pa	PROPN
cblr-8481	133	8	.	.	PROPN
cblr-8481	133	9	1946	1946	NUM
cblr-8481	133	10	)	)	PUNCT
cblr-8481	133	11	.	.	PUNCT
cblr-8481	134	1	22	22	NUM
cblr-8481	134	2	see	see	VERB
cblr-8481	134	3	superintendent	superintendent	NOUN
cblr-8481	134	4	of	of	ADP
cblr-8481	134	5	ins	ins	PROPN
cblr-8481	134	6	.	.	PROPN
cblr-8481	134	7	of	of	ADP
cblr-8481	134	8	n.y	n.y	PROPN
cblr-8481	134	9	.	.	PROPN
cblr-8481	134	10	v.	v.	PROPN
cblr-8481	134	11	bankers	bankers	PROPN
cblr-8481	134	12	life	life	PROPN
cblr-8481	134	13	&	&	CCONJ
cblr-8481	134	14	cas	cas	PROPN
cblr-8481	134	15	.	.	PROPN
cblr-8481	134	16	co.	co.	PROPN
cblr-8481	134	17	,	,	PUNCT
cblr-8481	134	18	404	404	NUM
cblr-8481	134	19	u.s	u.s	PROPN
cblr-8481	134	20	.	.	PROPN
cblr-8481	134	21	6	6	NUM
cblr-8481	134	22	,	,	PUNCT
cblr-8481	134	23	13	13	NUM
cblr-8481	134	24	n.9	n.9	X
cblr-8481	134	25	(	(	PUNCT
cblr-8481	134	26	1971	1971	NUM
cblr-8481	134	27	)	)	PUNCT
cblr-8481	134	28	(	(	PUNCT
cblr-8481	134	29	“	"	PUNCT
cblr-8481	134	30	it	it	PRON
cblr-8481	134	31	is	be	AUX
cblr-8481	134	32	now	now	ADV
cblr-8481	134	33	established	establish	VERB
cblr-8481	134	34	that	that	SCONJ
cblr-8481	134	35	a	a	DET
cblr-8481	134	36	private	private	ADJ
cblr-8481	134	37	right	right	NOUN
cblr-8481	134	38	of	of	ADP
cblr-8481	134	39	action	action	NOUN
cblr-8481	134	40	is	be	AUX
cblr-8481	134	41	implied	imply	VERB
cblr-8481	134	42	under	under	ADP
cblr-8481	134	43	§	§	PROPN
cblr-8481	134	44	10(b	10(b	NUM
cblr-8481	134	45	)	)	PUNCT
cblr-8481	134	46	.	.	PUNCT
cblr-8481	134	47	”	"	PUNCT
cblr-8481	134	48	)	)	PUNCT
cblr-8481	134	49	.	.	PUNCT
cblr-8481	135	1	23	23	NUM
cblr-8481	135	2	amgen	amgen	PROPN
cblr-8481	135	3	inc	inc	PROPN
cblr-8481	135	4	.	.	PROPN
cblr-8481	135	5	v.	v.	PROPN
cblr-8481	135	6	conn	conn	PROPN
cblr-8481	135	7	.	.	PROPN
cblr-8481	135	8	ret	ret	PROPN
cblr-8481	135	9	.	.	PUNCT
cblr-8481	135	10	plans	plan	NOUN
cblr-8481	135	11	&	&	CCONJ
cblr-8481	135	12	tr	tr	VERB
cblr-8481	135	13	.	.	PROPN
cblr-8481	135	14	funds	fund	NOUN
cblr-8481	135	15	,	,	PUNCT
cblr-8481	135	16	568	568	NUM
cblr-8481	135	17	u.s	u.s	PROPN
cblr-8481	135	18	.	.	PROPN
cblr-8481	135	19	455	455	NUM
cblr-8481	135	20	,	,	PUNCT
cblr-8481	135	21	460–61	460–61	NUM
cblr-8481	135	22	(	(	PUNCT
cblr-8481	135	23	2013	2013	NUM
cblr-8481	135	24	)	)	PUNCT
cblr-8481	135	25	(	(	PUNCT
cblr-8481	135	26	quoting	quote	VERB
cblr-8481	135	27	matrixx	matrixx	ADJ
cblr-8481	135	28	initiatives	initiatives	PROPN
cblr-8481	135	29	,	,	PUNCT
cblr-8481	135	30	inc	inc	PROPN
cblr-8481	135	31	.	.	PROPN
cblr-8481	135	32	v.	v.	CCONJ
cblr-8481	136	1	siracusano	siracusano	PROPN
cblr-8481	136	2	,	,	PUNCT
cblr-8481	136	3	563	563	NUM
cblr-8481	136	4	u.s	u.s	PROPN
cblr-8481	136	5	.	.	PROPN
cblr-8481	136	6	27	27	NUM
cblr-8481	136	7	,	,	PUNCT
cblr-8481	136	8	37–38	37–38	NUM
cblr-8481	136	9	(	(	PUNCT
cblr-8481	136	10	2011	2011	NUM
cblr-8481	136	11	)	)	PUNCT
cblr-8481	136	12	)	)	PUNCT
cblr-8481	136	13	.	.	PUNCT
cblr-8481	137	1	24	24	NUM
cblr-8481	137	2	scienter	scienter	NOUN
cblr-8481	137	3	refers	refer	VERB
cblr-8481	137	4	to	to	ADP
cblr-8481	137	5	“	"	PUNCT
cblr-8481	137	6	[	[	X
cblr-8481	137	7	i]ntent	i]ntent	NOUN
cblr-8481	137	8	or	or	CCONJ
cblr-8481	137	9	knowledge	knowledge	NOUN
cblr-8481	137	10	of	of	ADP
cblr-8481	137	11	wrongdoing”—false	wrongdoing”—false	PROPN
cblr-8481	137	12	statements	statement	NOUN
cblr-8481	137	13	or	or	CCONJ
cblr-8481	137	14	material	material	ADJ
cblr-8481	137	15	omissions	omission	NOUN
cblr-8481	137	16	for	for	ADP
cblr-8481	137	17	purposes	purpose	NOUN
cblr-8481	137	18	of	of	ADP
cblr-8481	137	19	this	this	DET
cblr-8481	137	20	note	note	NOUN
cblr-8481	137	21	.	.	PUNCT
cblr-8481	138	1	see	see	VERB
cblr-8481	138	2	scienter	scienter	NOUN
cblr-8481	138	3	,	,	PUNCT
cblr-8481	138	4	legal	legal	ADJ
cblr-8481	138	5	info	info	NOUN
cblr-8481	138	6	.	.	PUNCT
cblr-8481	139	1	inst	inst	PROPN
cblr-8481	139	2	.	.	PROPN
cblr-8481	139	3	,	,	PUNCT
cblr-8481	139	4	https://www.law.cornell.edu/wex/scienter	https://www.law.cornell.edu/wex/scienter	NOUN
cblr-8481	139	5	[	[	X
cblr-8481	139	6	https://perma.cc/rr8p-hgyy	https://perma.cc/rr8p-hgyy	X
cblr-8481	139	7	]	]	X
cblr-8481	139	8	(	(	PUNCT
cblr-8481	139	9	last	last	ADV
cblr-8481	139	10	visited	visit	VERB
cblr-8481	139	11	nov	nov	PROPN
cblr-8481	139	12	.	.	PROPN
cblr-8481	139	13	19	19	NUM
cblr-8481	139	14	,	,	PUNCT
cblr-8481	139	15	2020	2020	NUM
cblr-8481	139	16	)	)	PUNCT
cblr-8481	139	17	.	.	PUNCT
cblr-8481	140	1	25	25	NUM
cblr-8481	140	2	reliance	reliance	NOUN
cblr-8481	140	3	specifically	specifically	ADV
cblr-8481	140	4	refers	refer	VERB
cblr-8481	140	5	to	to	ADP
cblr-8481	140	6	“	"	PUNCT
cblr-8481	140	7	reliance	reliance	NOUN
cblr-8481	140	8	upon	upon	SCONJ
cblr-8481	140	9	the	the	DET
cblr-8481	140	10	misrepresentation	misrepresentation	NOUN
cblr-8481	140	11	or	or	CCONJ
cblr-8481	140	12	omission	omission	NOUN
cblr-8481	140	13	.	.	PUNCT
cblr-8481	140	14	”	"	PUNCT
cblr-8481	141	1	amgen	amgen	PROPN
cblr-8481	141	2	,	,	PUNCT
cblr-8481	141	3	568	568	NUM
cblr-8481	141	4	u.s	u.s	PROPN
cblr-8481	141	5	.	.	PROPN
cblr-8481	141	6	at	at	ADP
cblr-8481	141	7	461	461	NUM
cblr-8481	141	8	.	.	PUNCT
cblr-8481	142	1	it	it	PRON
cblr-8481	142	2	is	be	AUX
cblr-8481	142	3	necessary	necessary	ADJ
cblr-8481	142	4	for	for	SCONJ
cblr-8481	142	5	a	a	DET
cblr-8481	142	6	plaintiff	plaintiff	NOUN
cblr-8481	142	7	to	to	PART
cblr-8481	142	8	show	show	VERB
cblr-8481	142	9	reliance	reliance	NOUN
cblr-8481	142	10	“	"	PUNCT
cblr-8481	142	11	because	because	SCONJ
cblr-8481	142	12	proof	proof	NOUN
cblr-8481	142	13	of	of	ADP
cblr-8481	142	14	reliance	reliance	NOUN
cblr-8481	142	15	ensures	ensure	VERB
cblr-8481	142	16	that	that	SCONJ
cblr-8481	142	17	there	there	PRON
cblr-8481	142	18	is	be	VERB
cblr-8481	142	19	a	a	DET
cblr-8481	142	20	proper	proper	ADJ
cblr-8481	142	21	‘	'	PUNCT
cblr-8481	142	22	connection	connection	NOUN
cblr-8481	142	23	between	between	ADP
cblr-8481	142	24	a	a	DET
cblr-8481	142	25	defendant	defendant	NOUN
cblr-8481	142	26	's	's	PART
cblr-8481	142	27	misrepresentation	misrepresentation	NOUN
cblr-8481	142	28	and	and	CCONJ
cblr-8481	142	29	a	a	DET
cblr-8481	142	30	plaintiff	plaintiff	NOUN
cblr-8481	142	31	's	's	PART
cblr-8481	142	32	injury	injury	NOUN
cblr-8481	142	33	.	.	PUNCT
cblr-8481	142	34	’	'	PUNCT
cblr-8481	142	35	”	"	PUNCT
cblr-8481	143	1	erica	erica	PROPN
cblr-8481	143	2	p.	p.	PROPN
cblr-8481	143	3	john	john	PROPN
cblr-8481	143	4	fund	fund	PROPN
cblr-8481	143	5	v.	v.	PROPN
cblr-8481	143	6	halliburton	halliburton	PROPN
cblr-8481	143	7	co.	co.	PROPN
cblr-8481	143	8	,	,	PUNCT
cblr-8481	143	9	563	563	NUM
cblr-8481	143	10	u.s	u.s	PROPN
cblr-8481	143	11	.	.	PROPN
cblr-8481	143	12	804	804	NUM
cblr-8481	143	13	,	,	PUNCT
cblr-8481	143	14	810	810	NUM
cblr-8481	143	15	(	(	PUNCT
cblr-8481	143	16	2011	2011	NUM
cblr-8481	143	17	)	)	PUNCT
cblr-8481	143	18	(	(	PUNCT
cblr-8481	143	19	quoting	quote	VERB
cblr-8481	143	20	basic	basic	PROPN
cblr-8481	143	21	inc	inc	PROPN
cblr-8481	143	22	.	.	PROPN
cblr-8481	143	23	v.	v.	PROPN
cblr-8481	143	24	levinson	levinson	PROPN
cblr-8481	143	25	,	,	PUNCT
cblr-8481	143	26	485	485	NUM
cblr-8481	143	27	u.s	u.s	PROPN
cblr-8481	143	28	.	.	PROPN
cblr-8481	143	29	224	224	NUM
cblr-8481	143	30	,	,	PUNCT
cblr-8481	143	31	243	243	NUM
cblr-8481	143	32	(	(	PUNCT
cblr-8481	143	33	1988	1988	NUM
cblr-8481	143	34	)	)	PUNCT
cblr-8481	143	35	)	)	PUNCT
cblr-8481	143	36	.	.	PUNCT
cblr-8481	144	1	note	note	VERB
cblr-8481	144	2	lieberman	lieberman	PROPN
cblr-8481	144	3	6/13/2021	6/13/2021	NUM
cblr-8481	144	4	8:45	8:45	NUM
cblr-8481	144	5	pm	pm	NOUN
cblr-8481	144	6	360	360	NUM
cblr-8481	144	7	columbia	columbia	PROPN
cblr-8481	144	8	business	business	NOUN
cblr-8481	144	9	law	law	PROPN
cblr-8481	144	10	review	review	NOUN
cblr-8481	145	1	[	[	X
cblr-8481	145	2	vol	vol	NOUN
cblr-8481	145	3	.	.	PUNCT
cblr-8481	145	4	2021	2021	NUM
cblr-8481	146	1	congress	congress	PROPN
cblr-8481	146	2	since	since	SCONJ
cblr-8481	146	3	the	the	DET
cblr-8481	146	4	1970s.26	1970s.26	NUM
cblr-8481	146	5	the	the	DET
cblr-8481	146	6	primary	primary	ADJ
cblr-8481	146	7	reason	reason	NOUN
cblr-8481	146	8	for	for	ADP
cblr-8481	146	9	this	this	PRON
cblr-8481	146	10	is	be	AUX
cblr-8481	146	11	that	that	SCONJ
cblr-8481	146	12	federal	federal	ADJ
cblr-8481	146	13	courts	court	NOUN
cblr-8481	146	14	feared	fear	VERB
cblr-8481	146	15	the	the	DET
cblr-8481	146	16	“	"	PUNCT
cblr-8481	146	17	danger	danger	NOUN
cblr-8481	146	18	of	of	ADP
cblr-8481	146	19	vexatious	vexatious	ADJ
cblr-8481	146	20	litigation	litigation	NOUN
cblr-8481	146	21	which	which	PRON
cblr-8481	146	22	could	could	AUX
cblr-8481	146	23	result	result	VERB
cblr-8481	146	24	from	from	ADP
cblr-8481	146	25	a	a	DET
cblr-8481	146	26	widely	widely	ADV
cblr-8481	146	27	expanded	expand	VERB
cblr-8481	146	28	class	class	NOUN
cblr-8481	146	29	of	of	ADP
cblr-8481	146	30	plaintiffs	plaintiff	NOUN
cblr-8481	146	31	under	under	ADP
cblr-8481	146	32	rule	rule	NOUN
cblr-8481	146	33	10b-5”27	10b-5”27	NUM
cblr-8481	146	34	and	and	CCONJ
cblr-8481	146	35	thus	thus	ADV
cblr-8481	146	36	believed	believe	VERB
cblr-8481	146	37	that	that	SCONJ
cblr-8481	146	38	narrowing	narrow	VERB
cblr-8481	146	39	the	the	DET
cblr-8481	146	40	scope	scope	NOUN
cblr-8481	146	41	for	for	ADP
cblr-8481	146	42	lawsuits	lawsuit	NOUN
cblr-8481	146	43	brought	bring	VERB
cblr-8481	146	44	by	by	ADP
cblr-8481	146	45	private	private	ADJ
cblr-8481	146	46	parties	party	NOUN
cblr-8481	146	47	would	would	AUX
cblr-8481	146	48	increase	increase	VERB
cblr-8481	146	49	the	the	DET
cblr-8481	146	50	proportion	proportion	NOUN
cblr-8481	146	51	of	of	ADP
cblr-8481	146	52	meritorious	meritorious	ADJ
cblr-8481	146	53	suits	suit	NOUN
cblr-8481	146	54	that	that	PRON
cblr-8481	146	55	are	be	AUX
cblr-8481	146	56	litigated	litigate	VERB
cblr-8481	146	57	.	.	PUNCT
cblr-8481	147	1	one	one	NUM
cblr-8481	147	2	of	of	ADP
cblr-8481	147	3	the	the	DET
cblr-8481	147	4	most	most	ADV
cblr-8481	147	5	significant	significant	ADJ
cblr-8481	147	6	developments	development	NOUN
cblr-8481	147	7	on	on	ADP
cblr-8481	147	8	this	this	DET
cblr-8481	147	9	front	front	NOUN
cblr-8481	147	10	was	be	AUX
cblr-8481	147	11	the	the	DET
cblr-8481	147	12	supreme	supreme	PROPN
cblr-8481	147	13	court	court	PROPN
cblr-8481	147	14	’s	’s	PART
cblr-8481	147	15	holding	hold	VERB
cblr-8481	147	16	that	that	SCONJ
cblr-8481	147	17	a	a	DET
cblr-8481	147	18	“	"	PUNCT
cblr-8481	147	19	private	private	ADJ
cblr-8481	147	20	plaintiff	plaintiff	NOUN
cblr-8481	147	21	may	may	AUX
cblr-8481	147	22	not	not	PART
cblr-8481	147	23	maintain	maintain	VERB
cblr-8481	147	24	an	an	DET
cblr-8481	147	25	aiding	aiding	NOUN
cblr-8481	147	26	and	and	CCONJ
cblr-8481	147	27	abetting	abet	VERB
cblr-8481	147	28	suit	suit	NOUN
cblr-8481	147	29	under	under	ADP
cblr-8481	147	30	[	[	X
cblr-8481	147	31	section	section	NOUN
cblr-8481	147	32	]	]	PUNCT
cblr-8481	147	33	10(b	10(b	NUM
cblr-8481	147	34	)	)	PUNCT
cblr-8481	147	35	”	"	PUNCT
cblr-8481	147	36	in	in	ADP
cblr-8481	147	37	the	the	DET
cblr-8481	147	38	1994	1994	NUM
cblr-8481	147	39	case	case	NOUN
cblr-8481	147	40	central	central	PROPN
cblr-8481	147	41	bank	bank	PROPN
cblr-8481	147	42	of	of	ADP
cblr-8481	147	43	denver	denver	PROPN
cblr-8481	147	44	v.	v.	CCONJ
cblr-8481	147	45	first	first	PROPN
cblr-8481	147	46	interstate	interstate	PROPN
cblr-8481	147	47	bank	bank	PROPN
cblr-8481	147	48	of	of	ADP
cblr-8481	147	49	denver.28	denver.28	PROPN
cblr-8481	147	50	thus	thus	ADV
cblr-8481	147	51	,	,	PUNCT
cblr-8481	147	52	under	under	ADP
cblr-8481	147	53	section	section	NOUN
cblr-8481	147	54	10(b)—and	10(b)—and	NUM
cblr-8481	147	55	therefore	therefore	ADV
cblr-8481	147	56	rule	rule	VERB
cblr-8481	147	57	10b-5	10b-5	NUM
cblr-8481	147	58	—	—	PUNCT
cblr-8481	147	59	private	private	ADJ
cblr-8481	147	60	plaintiffs	plaintiff	NOUN
cblr-8481	147	61	can	can	AUX
cblr-8481	147	62	only	only	ADV
cblr-8481	147	63	bring	bring	VERB
cblr-8481	147	64	suits	suit	NOUN
cblr-8481	147	65	against	against	ADP
cblr-8481	147	66	those	those	PRON
cblr-8481	147	67	who	who	PRON
cblr-8481	147	68	are	be	AUX
cblr-8481	147	69	primarily	primarily	ADV
cblr-8481	147	70	liable	liable	ADJ
cblr-8481	147	71	for	for	ADP
cblr-8481	147	72	securities	security	NOUN
cblr-8481	147	73	fraud	fraud	NOUN
cblr-8481	147	74	,	,	PUNCT
cblr-8481	147	75	not	not	PART
cblr-8481	147	76	those	those	PRON
cblr-8481	147	77	responsible	responsible	ADJ
cblr-8481	147	78	for	for	ADP
cblr-8481	147	79	assisting	assist	VERB
cblr-8481	147	80	with	with	ADP
cblr-8481	147	81	fraud	fraud	NOUN
cblr-8481	147	82	.	.	PUNCT
cblr-8481	148	1	the	the	DET
cblr-8481	148	2	court	court	NOUN
cblr-8481	148	3	justified	justify	VERB
cblr-8481	148	4	the	the	DET
cblr-8481	148	5	decision	decision	NOUN
cblr-8481	148	6	on	on	ADP
cblr-8481	148	7	the	the	DET
cblr-8481	148	8	basis	basis	NOUN
cblr-8481	148	9	that	that	SCONJ
cblr-8481	148	10	imposing	impose	VERB
cblr-8481	148	11	aiding	aid	VERB
cblr-8481	148	12	and	and	CCONJ
cblr-8481	148	13	abetting	abet	VERB
cblr-8481	148	14	liability	liability	NOUN
cblr-8481	148	15	would	would	AUX
cblr-8481	148	16	mean	mean	VERB
cblr-8481	148	17	that	that	SCONJ
cblr-8481	148	18	“	"	PUNCT
cblr-8481	148	19	the	the	DET
cblr-8481	148	20	defendant	defendant	NOUN
cblr-8481	148	21	could	could	AUX
cblr-8481	148	22	be	be	AUX
cblr-8481	148	23	liable	liable	ADJ
cblr-8481	148	24	without	without	ADP
cblr-8481	148	25	any	any	DET
cblr-8481	148	26	showing	showing	NOUN
cblr-8481	148	27	that	that	SCONJ
cblr-8481	148	28	the	the	DET
cblr-8481	148	29	plaintiff	plaintiff	NOUN
cblr-8481	148	30	relied	rely	VERB
cblr-8481	148	31	upon	upon	SCONJ
cblr-8481	148	32	the	the	DET
cblr-8481	148	33	aider	aider	NOUN
cblr-8481	148	34	and	and	CCONJ
cblr-8481	148	35	abettor	abettor	NOUN
cblr-8481	148	36	’s	’s	PART
cblr-8481	148	37	statements	statement	NOUN
cblr-8481	148	38	or	or	CCONJ
cblr-8481	148	39	actions	action	NOUN
cblr-8481	148	40	.	.	PUNCT
cblr-8481	149	1	”29	”29	PUNCT
cblr-8481	149	2	however	however	ADV
cblr-8481	149	3	,	,	PUNCT
cblr-8481	149	4	there	there	PRON
cblr-8481	149	5	were	be	VERB
cblr-8481	149	6	fears	fear	NOUN
cblr-8481	149	7	that	that	SCONJ
cblr-8481	149	8	the	the	DET
cblr-8481	149	9	limitations	limitation	NOUN
cblr-8481	149	10	on	on	ADP
cblr-8481	149	11	aider	aider	NOUN
cblr-8481	149	12	and	and	CCONJ
cblr-8481	149	13	abettor	abettor	NOUN
cblr-8481	149	14	liability	liability	NOUN
cblr-8481	149	15	would	would	AUX
cblr-8481	149	16	be	be	AUX
cblr-8481	149	17	extended	extend	VERB
cblr-8481	149	18	to	to	ADP
cblr-8481	149	19	sec	sec	PROPN
cblr-8481	149	20	enforcement	enforcement	NOUN
cblr-8481	149	21	actions	action	NOUN
cblr-8481	149	22	as	as	ADP
cblr-8481	149	23	well.30	well.30	NOUN
cblr-8481	149	24	one	one	NUM
cblr-8481	149	25	year	year	NOUN
cblr-8481	149	26	later	later	ADV
cblr-8481	149	27	,	,	PUNCT
cblr-8481	149	28	congress	congress	PROPN
cblr-8481	149	29	responded	respond	VERB
cblr-8481	149	30	by	by	ADP
cblr-8481	149	31	amending	amend	VERB
cblr-8481	149	32	the	the	DET
cblr-8481	149	33	exchange	exchange	NOUN
cblr-8481	149	34	act	act	NOUN
cblr-8481	149	35	to	to	PART
cblr-8481	149	36	include	include	VERB
cblr-8481	149	37	section	section	NOUN
cblr-8481	149	38	20(e	20(e	NUM
cblr-8481	149	39	)	)	PUNCT
cblr-8481	149	40	,	,	PUNCT
cblr-8481	149	41	which	which	PRON
cblr-8481	149	42	allowed	allow	VERB
cblr-8481	149	43	“	"	PUNCT
cblr-8481	149	44	the	the	DET
cblr-8481	149	45	sec	sec	PROPN
cblr-8481	149	46	,	,	PUNCT
cblr-8481	149	47	but	but	CCONJ
cblr-8481	149	48	not	not	PART
cblr-8481	149	49	a	a	DET
cblr-8481	149	50	private	private	ADJ
cblr-8481	149	51	plaintiff	plaintiff	NOUN
cblr-8481	149	52	,	,	PUNCT
cblr-8481	149	53	to	to	PART
cblr-8481	149	54	bring	bring	VERB
cblr-8481	149	55	an	an	DET
cblr-8481	149	56	action	action	NOUN
cblr-8481	149	57	against	against	ADP
cblr-8481	149	58	‘	'	PUNCT
cblr-8481	149	59	any	any	DET
cblr-8481	149	60	person	person	NOUN
cblr-8481	149	61	that	that	PRON
cblr-8481	149	62	knowingly	knowingly	ADV
cblr-8481	149	63	or	or	CCONJ
cblr-8481	149	64	recklessly	recklessly	ADV
cblr-8481	149	65	provides	provide	VERB
cblr-8481	149	66	substantial	substantial	ADJ
cblr-8481	149	67	assistance	assistance	NOUN
cblr-8481	149	68	to	to	ADP
cblr-8481	149	69	another	another	DET
cblr-8481	149	70	person	person	NOUN
cblr-8481	149	71	’	'	PUNCT
cblr-8481	149	72	that	that	PRON
cblr-8481	149	73	violated	violate	VERB
cblr-8481	149	74	the	the	DET
cblr-8481	149	75	exchange	exchange	NOUN
cblr-8481	149	76	act	act	NOUN
cblr-8481	149	77	26	26	NUM
cblr-8481	149	78	this	this	DET
cblr-8481	149	79	trend	trend	NOUN
cblr-8481	149	80	began	begin	VERB
cblr-8481	149	81	with	with	ADP
cblr-8481	149	82	the	the	DET
cblr-8481	149	83	1975	1975	NUM
cblr-8481	149	84	case	case	NOUN
cblr-8481	149	85	blue	blue	ADJ
cblr-8481	149	86	chip	chip	NOUN
cblr-8481	149	87	stamps	stamp	NOUN
cblr-8481	149	88	v.	v.	ADP
cblr-8481	149	89	manor	manor	NOUN
cblr-8481	149	90	drug	drug	NOUN
cblr-8481	149	91	stores	store	NOUN
cblr-8481	149	92	,	,	PUNCT
cblr-8481	149	93	where	where	SCONJ
cblr-8481	149	94	the	the	DET
cblr-8481	149	95	court	court	NOUN
cblr-8481	149	96	restricted	restrict	VERB
cblr-8481	149	97	the	the	DET
cblr-8481	149	98	private	private	ADJ
cblr-8481	149	99	right	right	NOUN
cblr-8481	149	100	of	of	ADP
cblr-8481	149	101	action	action	NOUN
cblr-8481	149	102	to	to	ADP
cblr-8481	149	103	“	"	PUNCT
cblr-8481	149	104	actual	actual	ADJ
cblr-8481	149	105	purchasers	purchaser	NOUN
cblr-8481	149	106	and	and	CCONJ
cblr-8481	149	107	sellers	seller	NOUN
cblr-8481	149	108	of	of	ADP
cblr-8481	149	109	securities	security	NOUN
cblr-8481	149	110	”	"	PUNCT
cblr-8481	149	111	and	and	CCONJ
cblr-8481	149	112	thus	thus	ADV
cblr-8481	149	113	excluded	exclude	VERB
cblr-8481	149	114	decisions	decision	NOUN
cblr-8481	149	115	not	not	PART
cblr-8481	149	116	to	to	PART
cblr-8481	149	117	make	make	VERB
cblr-8481	149	118	a	a	DET
cblr-8481	149	119	sale	sale	NOUN
cblr-8481	149	120	or	or	CCONJ
cblr-8481	149	121	purchase	purchase	NOUN
cblr-8481	149	122	because	because	SCONJ
cblr-8481	149	123	of	of	ADP
cblr-8481	149	124	a	a	DET
cblr-8481	149	125	false	false	ADJ
cblr-8481	149	126	statement	statement	NOUN
cblr-8481	149	127	.	.	PUNCT
cblr-8481	150	1	421	421	NUM
cblr-8481	150	2	u.s	u.s	PROPN
cblr-8481	150	3	.	.	PROPN
cblr-8481	150	4	723	723	NUM
cblr-8481	150	5	,	,	PUNCT
cblr-8481	150	6	731	731	NUM
cblr-8481	150	7	,	,	PUNCT
cblr-8481	150	8	749	749	NUM
cblr-8481	150	9	(	(	PUNCT
cblr-8481	150	10	1975	1975	NUM
cblr-8481	150	11	)	)	PUNCT
cblr-8481	150	12	.	.	PUNCT
cblr-8481	151	1	27	27	NUM
cblr-8481	152	1	i	i	PRON
cblr-8481	152	2	d.	d.	NOUN
cblr-8481	152	3	at	at	ADP
cblr-8481	152	4	740	740	NUM
cblr-8481	152	5	.	.	PUNCT
cblr-8481	153	1	28	28	NUM
cblr-8481	153	2	511	511	NUM
cblr-8481	153	3	u.s	u.s	PROPN
cblr-8481	153	4	.	.	PROPN
cblr-8481	153	5	164	164	NUM
cblr-8481	153	6	,	,	PUNCT
cblr-8481	153	7	191	191	NUM
cblr-8481	153	8	(	(	PUNCT
cblr-8481	153	9	1994	1994	NUM
cblr-8481	153	10	)	)	PUNCT
cblr-8481	153	11	.	.	PUNCT
cblr-8481	154	1	29	29	NUM
cblr-8481	155	1	i	i	PRON
cblr-8481	155	2	d.	d.	PROPN
cblr-8481	155	3	at	at	ADP
cblr-8481	155	4	180	180	NUM
cblr-8481	155	5	.	.	NUM
cblr-8481	155	6	30	30	NUM
cblr-8481	155	7	the	the	DET
cblr-8481	155	8	sec	sec	PROPN
cblr-8481	155	9	read	read	VERB
cblr-8481	155	10	the	the	DET
cblr-8481	155	11	central	central	ADJ
cblr-8481	155	12	bank	bank	NOUN
cblr-8481	155	13	decision	decision	NOUN
cblr-8481	155	14	in	in	ADP
cblr-8481	155	15	this	this	DET
cblr-8481	155	16	way	way	NOUN
cblr-8481	155	17	,	,	PUNCT
cblr-8481	155	18	“	"	PUNCT
cblr-8481	155	19	announc[ing	announc[e	VERB
cblr-8481	155	20	]	]	PUNCT
cblr-8481	155	21	it	it	PRON
cblr-8481	155	22	would	would	AUX
cblr-8481	155	23	generally	generally	ADV
cblr-8481	155	24	refrain	refrain	VERB
cblr-8481	155	25	from	from	ADP
cblr-8481	155	26	asserting	assert	VERB
cblr-8481	155	27	aiding	aid	VERB
cblr-8481	155	28	and	and	CCONJ
cblr-8481	155	29	abetting	abet	VERB
cblr-8481	155	30	theories	theory	NOUN
cblr-8481	155	31	of	of	ADP
cblr-8481	155	32	liability	liability	NOUN
cblr-8481	155	33	unless	unless	SCONJ
cblr-8481	155	34	a	a	DET
cblr-8481	155	35	statute	statute	NOUN
cblr-8481	155	36	expressly	expressly	ADV
cblr-8481	155	37	provided	provide	VERB
cblr-8481	155	38	for	for	ADP
cblr-8481	155	39	it	it	PRON
cblr-8481	155	40	.	.	PUNCT
cblr-8481	155	41	”	"	PUNCT
cblr-8481	156	1	andrew	andrew	PROPN
cblr-8481	156	2	n.	n.	PROPN
cblr-8481	156	3	vollmer	vollmer	PROPN
cblr-8481	156	4	,	,	PUNCT
cblr-8481	156	5	sec	sec	PROPN
cblr-8481	156	6	revanchism	revanchism	NOUN
cblr-8481	156	7	and	and	CCONJ
cblr-8481	156	8	the	the	DET
cblr-8481	156	9	expansion	expansion	NOUN
cblr-8481	156	10	of	of	ADP
cblr-8481	156	11	primary	primary	ADJ
cblr-8481	156	12	liability	liability	NOUN
cblr-8481	156	13	under	under	ADP
cblr-8481	156	14	section	section	NOUN
cblr-8481	156	15	17(a	17(a	NUM
cblr-8481	156	16	)	)	PUNCT
cblr-8481	156	17	and	and	CCONJ
cblr-8481	156	18	rule	rule	NOUN
cblr-8481	156	19	10b-5	10b-5	NUM
cblr-8481	156	20	,	,	PUNCT
cblr-8481	156	21	10	10	NUM
cblr-8481	156	22	va	va	NOUN
cblr-8481	156	23	.	.	PUNCT
cblr-8481	156	24	l.	l.	PROPN
cblr-8481	156	25	&	&	CCONJ
cblr-8481	156	26	bus	bus	PROPN
cblr-8481	156	27	.	.	PUNCT
cblr-8481	157	1	rev	rev	PROPN
cblr-8481	157	2	.	.	PROPN
cblr-8481	157	3	273	273	NUM
cblr-8481	157	4	,	,	PUNCT
cblr-8481	157	5	284	284	NUM
cblr-8481	157	6	(	(	PUNCT
cblr-8481	157	7	2016	2016	NUM
cblr-8481	157	8	)	)	PUNCT
cblr-8481	157	9	(	(	PUNCT
cblr-8481	157	10	citing	cite	VERB
cblr-8481	157	11	john	john	PROPN
cblr-8481	157	12	w.	w.	PROPN
cblr-8481	157	13	avery	avery	PROPN
cblr-8481	157	14	,	,	PUNCT
cblr-8481	157	15	securities	security	NOUN
cblr-8481	157	16	litigation	litigation	NOUN
cblr-8481	157	17	reform	reform	NOUN
cblr-8481	157	18	:	:	PUNCT
cblr-8481	157	19	the	the	DET
cblr-8481	157	20	long	long	ADJ
cblr-8481	157	21	and	and	CCONJ
cblr-8481	157	22	winding	wind	VERB
cblr-8481	157	23	road	road	NOUN
cblr-8481	157	24	to	to	ADP
cblr-8481	157	25	the	the	DET
cblr-8481	157	26	private	private	ADJ
cblr-8481	157	27	securities	security	NOUN
cblr-8481	157	28	litigation	litigation	PROPN
cblr-8481	157	29	reform	reform	PROPN
cblr-8481	157	30	act	act	NOUN
cblr-8481	157	31	of	of	ADP
cblr-8481	157	32	1995	1995	NUM
cblr-8481	157	33	,	,	PUNCT
cblr-8481	157	34	51	51	NUM
cblr-8481	157	35	bus	bus	NOUN
cblr-8481	157	36	.	.	PUNCT
cblr-8481	158	1	law	law	NOUN
cblr-8481	158	2	.	.	PUNCT
cblr-8481	159	1	335	335	NUM
cblr-8481	159	2	,	,	PUNCT
cblr-8481	159	3	342	342	NUM
cblr-8481	159	4	n.33	n.33	PROPN
cblr-8481	159	5	(	(	PUNCT
cblr-8481	159	6	1996	1996	NUM
cblr-8481	159	7	)	)	PUNCT
cblr-8481	159	8	)	)	PUNCT
cblr-8481	159	9	.	.	PUNCT
cblr-8481	160	1	note	note	NOUN
cblr-8481	160	2	–	–	PUNCT
cblr-8481	160	3	lieberman	lieberman	PROPN
cblr-8481	161	1	6/13/2021	6/13/2021	NUM
cblr-8481	161	2	8:45	8:45	NUM
cblr-8481	161	3	pm	pm	NOUN
cblr-8481	161	4	no	no	INTJ
cblr-8481	161	5	.	.	PUNCT
cblr-8481	162	1	1:352	1:352	NUM
cblr-8481	162	2	]	]	X
cblr-8481	162	3	lorenzo	lorenzo	PROPN
cblr-8481	162	4	v.	v.	ADP
cblr-8481	162	5	sec	sec	PROPN
cblr-8481	162	6	and	and	CCONJ
cblr-8481	162	7	the	the	DET
cblr-8481	162	8	expansion	expansion	NOUN
cblr-8481	162	9	of	of	ADP
cblr-8481	162	10	scheme	scheme	NOUN
cblr-8481	162	11	liability	liability	NOUN
cblr-8481	162	12	361	361	NUM
cblr-8481	162	13	or	or	CCONJ
cblr-8481	162	14	its	its	PRON
cblr-8481	162	15	regulations	regulation	NOUN
cblr-8481	162	16	.	.	PUNCT
cblr-8481	163	1	”31	”31	PROPN
cblr-8481	163	2	congress	congress	PROPN
cblr-8481	163	3	passed	pass	VERB
cblr-8481	163	4	section	section	NOUN
cblr-8481	163	5	20(e	20(e	NUM
cblr-8481	163	6	)	)	PUNCT
cblr-8481	163	7	as	as	ADP
cblr-8481	163	8	part	part	NOUN
cblr-8481	163	9	of	of	ADP
cblr-8481	163	10	the	the	DET
cblr-8481	163	11	1995	1995	NUM
cblr-8481	163	12	private	private	ADJ
cblr-8481	163	13	securities	security	NOUN
cblr-8481	163	14	litigation	litigation	PROPN
cblr-8481	163	15	reform	reform	PROPN
cblr-8481	163	16	act	act	PROPN
cblr-8481	163	17	(	(	PUNCT
cblr-8481	163	18	pslra),32	pslra),32	ADP
cblr-8481	163	19	which	which	PRON
cblr-8481	163	20	sought	seek	VERB
cblr-8481	163	21	to	to	PART
cblr-8481	163	22	impede	impede	VERB
cblr-8481	163	23	frivolous	frivolous	ADJ
cblr-8481	163	24	claims	claim	NOUN
cblr-8481	163	25	by	by	ADP
cblr-8481	163	26	private	private	ADJ
cblr-8481	163	27	litigants	litigant	NOUN
cblr-8481	163	28	while	while	SCONJ
cblr-8481	163	29	preserving	preserve	VERB
cblr-8481	163	30	the	the	DET
cblr-8481	163	31	private	private	ADJ
cblr-8481	163	32	right	right	NOUN
cblr-8481	163	33	of	of	ADP
cblr-8481	163	34	action	action	NOUN
cblr-8481	163	35	,	,	PUNCT
cblr-8481	163	36	recognizing	recognize	VERB
cblr-8481	163	37	that	that	SCONJ
cblr-8481	163	38	“	"	PUNCT
cblr-8481	163	39	private	private	ADJ
cblr-8481	163	40	lawsuits	lawsuit	NOUN
cblr-8481	163	41	promote	promote	VERB
cblr-8481	163	42	public	public	ADJ
cblr-8481	163	43	confidence	confidence	NOUN
cblr-8481	163	44	in	in	ADP
cblr-8481	163	45	our	our	PRON
cblr-8481	163	46	capital	capital	NOUN
cblr-8481	163	47	markets	market	NOUN
cblr-8481	163	48	and	and	CCONJ
cblr-8481	163	49	help	help	VERB
cblr-8481	163	50	to	to	PART
cblr-8481	163	51	deter	deter	VERB
cblr-8481	163	52	wrongdoing	wrongdoing	NOUN
cblr-8481	163	53	.	.	PUNCT
cblr-8481	164	1	”33	”33	VERB
cblr-8481	164	2	the	the	DET
cblr-8481	164	3	statute	statute	NOUN
cblr-8481	164	4	set	set	VERB
cblr-8481	164	5	limitations	limitation	NOUN
cblr-8481	164	6	on	on	ADP
cblr-8481	164	7	securities	security	NOUN
cblr-8481	164	8	class	class	NOUN
cblr-8481	164	9	actions	action	NOUN
cblr-8481	164	10	and	and	CCONJ
cblr-8481	164	11	imposed	impose	VERB
cblr-8481	164	12	heightened	heightened	ADJ
cblr-8481	164	13	pleading	pleading	NOUN
cblr-8481	164	14	requirements	requirement	NOUN
cblr-8481	164	15	,	,	PUNCT
cblr-8481	164	16	limitations	limitation	NOUN
cblr-8481	164	17	on	on	ADP
cblr-8481	164	18	damage	damage	NOUN
cblr-8481	164	19	awards	award	NOUN
cblr-8481	164	20	,	,	PUNCT
cblr-8481	164	21	and	and	CCONJ
cblr-8481	164	22	sanctions	sanction	NOUN
cblr-8481	164	23	for	for	ADP
cblr-8481	164	24	frivolous	frivolous	ADJ
cblr-8481	164	25	suits	suit	NOUN
cblr-8481	164	26	—	—	PUNCT
cblr-8481	164	27	all	all	PRON
cblr-8481	164	28	intended	intend	VERB
cblr-8481	164	29	to	to	PART
cblr-8481	164	30	discourage	discourage	VERB
cblr-8481	164	31	suits	suit	NOUN
cblr-8481	164	32	seeking	seek	VERB
cblr-8481	164	33	to	to	PART
cblr-8481	164	34	extract	extract	VERB
cblr-8481	164	35	a	a	DET
cblr-8481	164	36	settlement	settlement	NOUN
cblr-8481	164	37	from	from	ADP
cblr-8481	164	38	defendants.34	defendants.34	NOUN
cblr-8481	164	39	the	the	DET
cblr-8481	164	40	private	private	ADJ
cblr-8481	164	41	right	right	NOUN
cblr-8481	164	42	of	of	ADP
cblr-8481	164	43	action	action	NOUN
cblr-8481	164	44	was	be	AUX
cblr-8481	164	45	further	far	ADV
cblr-8481	164	46	curtailed	curtail	VERB
cblr-8481	164	47	by	by	ADP
cblr-8481	164	48	the	the	DET
cblr-8481	164	49	supreme	supreme	PROPN
cblr-8481	164	50	court	court	PROPN
cblr-8481	164	51	in	in	ADP
cblr-8481	164	52	the	the	DET
cblr-8481	164	53	2008	2008	NUM
cblr-8481	164	54	case	case	NOUN
cblr-8481	164	55	stoneridge	stoneridge	NOUN
cblr-8481	164	56	investment	investment	NOUN
cblr-8481	164	57	partners	partner	NOUN
cblr-8481	164	58	v.	v.	ADP
cblr-8481	164	59	scientific	scientific	ADJ
cblr-8481	164	60	-	-	PUNCT
cblr-8481	164	61	atlanta	atlanta	PROPN
cblr-8481	164	62	,	,	PUNCT
cblr-8481	164	63	inc	inc	PROPN
cblr-8481	164	64	..	..	PROPN
cblr-8481	164	65	35	35	NUM
cblr-8481	164	66	the	the	DET
cblr-8481	164	67	court	court	NOUN
cblr-8481	164	68	held	hold	VERB
cblr-8481	164	69	that	that	SCONJ
cblr-8481	164	70	plaintiffs	plaintiff	NOUN
cblr-8481	164	71	“	"	PUNCT
cblr-8481	164	72	may	may	AUX
cblr-8481	164	73	only	only	ADV
cblr-8481	164	74	sue	sue	VERB
cblr-8481	164	75	those	those	PRON
cblr-8481	164	76	who	who	PRON
cblr-8481	164	77	issued	issue	VERB
cblr-8481	164	78	statements	statement	NOUN
cblr-8481	164	79	or	or	CCONJ
cblr-8481	164	80	otherwise	otherwise	ADV
cblr-8481	164	81	took	take	VERB
cblr-8481	164	82	direct	direct	ADJ
cblr-8481	164	83	action	action	NOUN
cblr-8481	164	84	that	that	PRON
cblr-8481	164	85	the	the	DET
cblr-8481	164	86	[	[	X
cblr-8481	164	87	plaintiffs	plaintiff	NOUN
cblr-8481	164	88	]	]	PUNCT
cblr-8481	164	89	had	have	AUX
cblr-8481	164	90	relied	rely	VERB
cblr-8481	164	91	upon	upon	SCONJ
cblr-8481	164	92	in	in	ADP
cblr-8481	164	93	buying	buy	VERB
cblr-8481	164	94	or	or	CCONJ
cblr-8481	164	95	selling	sell	VERB
cblr-8481	164	96	stock	stock	NOUN
cblr-8481	164	97	”	"	PUNCT
cblr-8481	164	98	and	and	CCONJ
cblr-8481	164	99	therefore	therefore	ADV
cblr-8481	164	100	could	could	AUX
cblr-8481	164	101	not	not	PART
cblr-8481	164	102	sue	sue	VERB
cblr-8481	164	103	third	third	ADJ
cblr-8481	164	104	parties	party	NOUN
cblr-8481	164	105	“	"	PUNCT
cblr-8481	164	106	that	that	PRON
cblr-8481	164	107	did	do	AUX
cblr-8481	164	108	not	not	PART
cblr-8481	164	109	directly	directly	ADV
cblr-8481	164	110	mislead	mislead	VERB
cblr-8481	164	111	[	[	PUNCT
cblr-8481	164	112	the	the	DET
cblr-8481	164	113	plaintiffs	plaintiff	NOUN
cblr-8481	164	114	]	]	PUNCT
cblr-8481	164	115	but	but	CCONJ
cblr-8481	164	116	were	be	AUX
cblr-8481	164	117	business	business	NOUN
cblr-8481	164	118	partners	partner	NOUN
cblr-8481	164	119	with	with	ADP
cblr-8481	164	120	those	those	PRON
cblr-8481	164	121	who	who	PRON
cblr-8481	164	122	did	do	VERB
cblr-8481	164	123	.	.	PUNCT
cblr-8481	165	1	”36	”36	VERB
cblr-8481	165	2	this	this	PRON
cblr-8481	165	3	limited	limit	VERB
cblr-8481	165	4	31	31	NUM
cblr-8481	165	5	i	i	PROPN
cblr-8481	165	6	d.	d.	PROPN
cblr-8481	165	7	(	(	PUNCT
cblr-8481	165	8	quoting	quote	VERB
cblr-8481	165	9	15	15	NUM
cblr-8481	165	10	u.s.c	u.s.c	ADJ
cblr-8481	165	11	.	.	PUNCT
cblr-8481	166	1	78t(e	78t(e	NUM
cblr-8481	166	2	)	)	PUNCT
cblr-8481	166	3	(	(	PUNCT
cblr-8481	166	4	2012	2012	NUM
cblr-8481	166	5	)	)	PUNCT
cblr-8481	166	6	)	)	PUNCT
cblr-8481	166	7	.	.	PUNCT
cblr-8481	167	1	32	32	NUM
cblr-8481	167	2	private	private	ADJ
cblr-8481	167	3	securities	security	NOUN
cblr-8481	167	4	litigation	litigation	PROPN
cblr-8481	167	5	reform	reform	PROPN
cblr-8481	167	6	act	act	NOUN
cblr-8481	167	7	of	of	ADP
cblr-8481	167	8	1995	1995	NUM
cblr-8481	167	9	(	(	PUNCT
cblr-8481	167	10	pslra	pslra	NOUN
cblr-8481	167	11	)	)	PUNCT
cblr-8481	167	12	,	,	PUNCT
cblr-8481	167	13	pub	pub	NOUN
cblr-8481	167	14	.	.	PUNCT
cblr-8481	168	1	l.	l.	PROPN
cblr-8481	168	2	no	no	INTJ
cblr-8481	168	3	.	.	PROPN
cblr-8481	169	1	104	104	NUM
cblr-8481	169	2	-	-	SYM
cblr-8481	169	3	67	67	NUM
cblr-8481	169	4	,	,	PUNCT
cblr-8481	169	5	109	109	NUM
cblr-8481	169	6	stat	stat	NOUN
cblr-8481	169	7	.	.	PUNCT
cblr-8481	170	1	737	737	NUM
cblr-8481	170	2	(	(	PUNCT
cblr-8481	170	3	codified	codify	VERB
cblr-8481	170	4	as	as	SCONJ
cblr-8481	170	5	amended	amend	VERB
cblr-8481	170	6	in	in	ADP
cblr-8481	170	7	scattered	scatter	VERB
cblr-8481	170	8	sections	section	NOUN
cblr-8481	170	9	of	of	ADP
cblr-8481	170	10	15	15	NUM
cblr-8481	170	11	u.s.c	u.s.c	ADJ
cblr-8481	170	12	.	.	PUNCT
cblr-8481	170	13	)	)	PUNCT
cblr-8481	170	14	.	.	PUNCT
cblr-8481	171	1	33	33	NUM
cblr-8481	171	2	h.r	h.r	PROPN
cblr-8481	171	3	.	.	PROPN
cblr-8481	171	4	rep	rep	PROPN
cblr-8481	171	5	.	.	PROPN
cblr-8481	171	6	no	no	PROPN
cblr-8481	171	7	.	.	NOUN
cblr-8481	171	8	104	104	NUM
cblr-8481	171	9	-	-	SYM
cblr-8481	171	10	369	369	NUM
cblr-8481	171	11	,	,	PUNCT
cblr-8481	171	12	at	at	ADP
cblr-8481	171	13	31	31	NUM
cblr-8481	171	14	(	(	PUNCT
cblr-8481	171	15	1995	1995	NUM
cblr-8481	171	16	)	)	PUNCT
cblr-8481	171	17	.	.	PUNCT
cblr-8481	172	1	34	34	NUM
cblr-8481	172	2	see	see	VERB
cblr-8481	172	3	15	15	NUM
cblr-8481	172	4	u.s.c	u.s.c	ADJ
cblr-8481	172	5	.	.	PUNCT
cblr-8481	173	1	§	§	NOUN
cblr-8481	173	2	 	 	SPACE
cblr-8481	173	3	78u-4(a)–(c	78u-4(a)–(c	NUM
cblr-8481	173	4	)	)	PUNCT
cblr-8481	173	5	,	,	PUNCT
cblr-8481	173	6	(	(	PUNCT
cblr-8481	173	7	e	e	NOUN
cblr-8481	173	8	)	)	PUNCT
cblr-8481	173	9	(	(	PUNCT
cblr-8481	173	10	2018	2018	NUM
cblr-8481	173	11	)	)	PUNCT
cblr-8481	173	12	.	.	PUNCT
cblr-8481	174	1	the	the	DET
cblr-8481	174	2	heightened	heightened	ADJ
cblr-8481	174	3	pleading	pleading	NOUN
cblr-8481	174	4	requirements	requirement	NOUN
cblr-8481	174	5	mean	mean	VERB
cblr-8481	174	6	that	that	SCONJ
cblr-8481	174	7	a	a	DET
cblr-8481	174	8	plaintiff	plaintiff	NOUN
cblr-8481	174	9	“	"	PUNCT
cblr-8481	174	10	must	must	AUX
cblr-8481	174	11	specify	specify	VERB
cblr-8481	174	12	[	[	X
cblr-8481	174	13	e]ach	e]ach	X
cblr-8481	174	14	misleading	mislead	VERB
cblr-8481	174	15	statement	statement	NOUN
cblr-8481	174	16	and	and	CCONJ
cblr-8481	174	17	the	the	DET
cblr-8481	174	18	reasons	reason	NOUN
cblr-8481	174	19	why	why	SCONJ
cblr-8481	174	20	the	the	DET
cblr-8481	174	21	statement	statement	NOUN
cblr-8481	174	22	was	be	AUX
cblr-8481	174	23	misleading	mislead	VERB
cblr-8481	174	24	[	[	X
cblr-8481	174	25	;	;	PUNCT
cblr-8481	174	26	]	]	X
cblr-8481	175	1	[	[	X
cblr-8481	175	2	i]f	i]f	ADP
cblr-8481	175	3	an	an	DET
cblr-8481	175	4	allegation	allegation	NOUN
cblr-8481	175	5	is	be	AUX
cblr-8481	175	6	based	base	VERB
cblr-8481	175	7	on	on	ADP
cblr-8481	175	8	‘	'	PUNCT
cblr-8481	175	9	information	information	NOUN
cblr-8481	175	10	and	and	CCONJ
cblr-8481	175	11	belief	belief	NOUN
cblr-8481	175	12	,	,	PUNCT
cblr-8481	175	13	’	'	PUNCT
cblr-8481	175	14	all	all	DET
cblr-8481	175	15	facts	fact	NOUN
cblr-8481	175	16	on	on	ADP
cblr-8481	175	17	which	which	PRON
cblr-8481	175	18	that	that	DET
cblr-8481	175	19	belief	belief	NOUN
cblr-8481	175	20	was	be	AUX
cblr-8481	175	21	formed	form	VERB
cblr-8481	175	22	[	[	X
cblr-8481	175	23	;	;	PUNCT
cblr-8481	175	24	]	]	PUNCT
cblr-8481	176	1	[	[	X
cblr-8481	176	2	and	and	CCONJ
cblr-8481	176	3	]	]	X
cblr-8481	176	4	[	[	X
cblr-8481	176	5	t]he	t]he	ADV
cblr-8481	176	6	facts	fact	VERB
cblr-8481	176	7	giving	give	VERB
cblr-8481	176	8	rise	rise	NOUN
cblr-8481	176	9	to	to	ADP
cblr-8481	176	10	a	a	DET
cblr-8481	176	11	strong	strong	ADJ
cblr-8481	176	12	inference	inference	NOUN
cblr-8481	176	13	that	that	PRON
cblr-8481	176	14	the	the	DET
cblr-8481	176	15	defendant	defendant	NOUN
cblr-8481	176	16	acted	act	VERB
cblr-8481	176	17	with	with	ADP
cblr-8481	176	18	the	the	DET
cblr-8481	176	19	required	required	ADJ
cblr-8481	176	20	state	state	NOUN
cblr-8481	176	21	of	of	ADP
cblr-8481	176	22	mind	mind	NOUN
cblr-8481	176	23	.	.	PUNCT
cblr-8481	176	24	”	"	PUNCT
cblr-8481	177	1	david	david	PROPN
cblr-8481	177	2	m.j	m.j	PROPN
cblr-8481	177	3	.	.	PROPN
cblr-8481	177	4	rein	rein	PROPN
cblr-8481	177	5	,	,	PUNCT
cblr-8481	177	6	matthew	matthew	PROPN
cblr-8481	177	7	a.	a.	PROPN
cblr-8481	177	8	schwartz	schwartz	PROPN
cblr-8481	177	9	,	,	PUNCT
cblr-8481	177	10	&	&	CCONJ
cblr-8481	177	11	john	john	PROPN
cblr-8481	177	12	p.	p.	PROPN
cblr-8481	177	13	collins	collins	PROPN
cblr-8481	177	14	,	,	PUNCT
cblr-8481	177	15	jr	jr	PROPN
cblr-8481	177	16	.	.	PROPN
cblr-8481	177	17	,	,	PUNCT
cblr-8481	177	18	securities	security	NOUN
cblr-8481	177	19	litigation	litigation	NOUN
cblr-8481	177	20	involving	involve	VERB
cblr-8481	177	21	the	the	DET
cblr-8481	177	22	private	private	ADJ
cblr-8481	177	23	securities	security	NOUN
cblr-8481	177	24	litigation	litigation	PROPN
cblr-8481	177	25	reform	reform	PROPN
cblr-8481	177	26	act	act	PROPN
cblr-8481	177	27	,	,	PUNCT
cblr-8481	177	28	prac	prac	NOUN
cblr-8481	177	29	.	.	PUNCT
cblr-8481	178	1	l.j.—litig	l.j.—litig	PROPN
cblr-8481	178	2	.	.	PUNCT
cblr-8481	178	3	,	,	PUNCT
cblr-8481	178	4	oct.-nov	oct.-nov	PROPN
cblr-8481	178	5	.	.	PROPN
cblr-8481	178	6	2017	2017	NUM
cblr-8481	178	7	,	,	PUNCT
cblr-8481	178	8	at	at	ADP
cblr-8481	178	9	39	39	NUM
cblr-8481	178	10	,	,	PUNCT
cblr-8481	178	11	40	40	NUM
cblr-8481	178	12	(	(	PUNCT
cblr-8481	178	13	bullet	bullet	NOUN
cblr-8481	178	14	points	point	NOUN
cblr-8481	178	15	omitted	omit	VERB
cblr-8481	178	16	)	)	PUNCT
cblr-8481	178	17	(	(	PUNCT
cblr-8481	178	18	first	first	ADV
cblr-8481	178	19	citing	cite	VERB
cblr-8481	178	20	15	15	NUM
cblr-8481	178	21	u.s.c	u.s.c	ADJ
cblr-8481	178	22	.	.	PUNCT
cblr-8481	179	1	§	§	PROPN
cblr-8481	179	2	78u-4(b)(1)–(2	78u-4(b)(1)–(2	PROPN
cblr-8481	179	3	)	)	PUNCT
cblr-8481	179	4	;	;	PUNCT
cblr-8481	179	5	and	and	CCONJ
cblr-8481	179	6	then	then	ADV
cblr-8481	179	7	citing	cite	VERB
cblr-8481	179	8	dura	dura	NOUN
cblr-8481	179	9	pharms	pharm	NOUN
cblr-8481	179	10	.	.	PUNCT
cblr-8481	179	11	,	,	PUNCT
cblr-8481	179	12	inc	inc	PROPN
cblr-8481	179	13	.	.	PROPN
cblr-8481	180	1	v.	v.	ADP
cblr-8481	180	2	broudo	broudo	PROPN
cblr-8481	180	3	,	,	PUNCT
cblr-8481	180	4	544	544	NUM
cblr-8481	180	5	u.s	u.s	PROPN
cblr-8481	180	6	.	.	PROPN
cblr-8481	180	7	336	336	NUM
cblr-8481	180	8	,	,	PUNCT
cblr-8481	180	9	345	345	NUM
cblr-8481	180	10	(	(	PUNCT
cblr-8481	180	11	2005	2005	NUM
cblr-8481	180	12	)	)	PUNCT
cblr-8481	180	13	)	)	PUNCT
cblr-8481	180	14	.	.	PUNCT
cblr-8481	181	1	35	35	NUM
cblr-8481	181	2	552	552	NUM
cblr-8481	181	3	u.s	u.s	PROPN
cblr-8481	181	4	.	.	PROPN
cblr-8481	181	5	148	148	NUM
cblr-8481	181	6	(	(	PUNCT
cblr-8481	181	7	2008	2008	NUM
cblr-8481	181	8	)	)	PUNCT
cblr-8481	181	9	.	.	PUNCT
cblr-8481	182	1	36	36	NUM
cblr-8481	182	2	lyle	lyle	PROPN
cblr-8481	182	3	denniston	denniston	PROPN
cblr-8481	182	4	,	,	PUNCT
cblr-8481	182	5	court	court	NOUN
cblr-8481	182	6	limits	limit	VERB
cblr-8481	182	7	securities	security	NOUN
cblr-8481	182	8	fraud	fraud	NOUN
cblr-8481	182	9	lawsuits	lawsuit	NOUN
cblr-8481	182	10	,	,	PUNCT
cblr-8481	182	11	scotusblog	scotusblog	ADJ
cblr-8481	182	12	,	,	PUNCT
cblr-8481	182	13	https://www.scotusblog.com/2008/01/court-limits-securitiesfraud-law	https://www.scotusblog.com/2008/01/court-limits-securitiesfraud-law	NOUN
cblr-8481	182	14	[	[	X
cblr-8481	182	15	https://perma.cc/4vb8-lgf2	https://perma.cc/4vb8-lgf2	X
cblr-8481	182	16	]	]	X
cblr-8481	183	1	(	(	PUNCT
cblr-8481	183	2	last	last	ADJ
cblr-8481	183	3	updated	update	VERB
cblr-8481	183	4	jan	jan	PROPN
cblr-8481	183	5	.	.	PROPN
cblr-8481	183	6	15	15	NUM
cblr-8481	183	7	,	,	PUNCT
cblr-8481	183	8	2008	2008	NUM
cblr-8481	183	9	,	,	PUNCT
cblr-8481	183	10	11:20	11:20	NUM
cblr-8481	183	11	am	am	NOUN
cblr-8481	183	12	)	)	PUNCT
cblr-8481	183	13	;	;	PUNCT
cblr-8481	183	14	see	see	VERB
cblr-8481	183	15	also	also	ADV
cblr-8481	183	16	stoneridge	stoneridge	PROPN
cblr-8481	183	17	,	,	PUNCT
cblr-8481	183	18	552	552	NUM
cblr-8481	183	19	u.s	u.s	PROPN
cblr-8481	183	20	.	.	PROPN
cblr-8481	183	21	at	at	ADP
cblr-8481	183	22	161	161	NUM
cblr-8481	183	23	.	.	PUNCT
cblr-8481	184	1	the	the	DET
cblr-8481	184	2	facts	fact	NOUN
cblr-8481	184	3	of	of	ADP
cblr-8481	184	4	the	the	DET
cblr-8481	184	5	case	case	NOUN
cblr-8481	184	6	involved	involve	VERB
cblr-8481	184	7	claims	claim	NOUN
cblr-8481	184	8	by	by	ADP
cblr-8481	184	9	the	the	DET
cblr-8481	184	10	plaintiff	plaintiff	NOUN
cblr-8481	184	11	that	that	PRON
cblr-8481	184	12	motorola	motorola	PROPN
cblr-8481	184	13	and	and	CCONJ
cblr-8481	184	14	scientific	scientific	ADJ
cblr-8481	184	15	atlanta	atlanta	PROPN
cblr-8481	184	16	helped	help	VERB
cblr-8481	184	17	a	a	DET
cblr-8481	184	18	“	"	PUNCT
cblr-8481	184	19	giant	giant	ADJ
cblr-8481	184	20	cable	cable	NOUN
cblr-8481	184	21	tv	tv	NOUN
cblr-8481	184	22	firm	firm	NOUN
cblr-8481	184	23	,	,	PUNCT
cblr-8481	184	24	charter	charter	NOUN
cblr-8481	184	25	communications	communication	NOUN
cblr-8481	184	26	,	,	PUNCT
cblr-8481	184	27	inflate	inflate	VERB
cblr-8481	184	28	artificially	artificially	ADV
cblr-8481	184	29	its	its	PRON
cblr-8481	184	30	financial	financial	ADJ
cblr-8481	184	31	statements	statement	NOUN
cblr-8481	184	32	in	in	ADP
cblr-8481	184	33	order	order	NOUN
cblr-8481	184	34	to	to	PART
cblr-8481	184	35	bolster	bolster	VERB
cblr-8481	184	36	its	its	PRON
cblr-8481	184	37	stock	stock	NOUN
cblr-8481	184	38	’s	’s	PART
cblr-8481	184	39	price	price	NOUN
cblr-8481	184	40	.	.	PUNCT
cblr-8481	185	1	the	the	DET
cblr-8481	185	2	investors	investor	NOUN
cblr-8481	185	3	contended	contend	VERB
cblr-8481	185	4	that	that	SCONJ
cblr-8481	185	5	the	the	DET
cblr-8481	185	6	two	two	NUM
cblr-8481	185	7	companies	company	NOUN
cblr-8481	185	8	should	should	AUX
cblr-8481	185	9	be	be	AUX
cblr-8481	185	10	treated	treat	VERB
cblr-8481	185	11	as	as	ADP
cblr-8481	185	12	‘	'	PUNCT
cblr-8481	185	13	primary	primary	ADJ
cblr-8481	185	14	violators	violator	NOUN
cblr-8481	185	15	,	,	PUNCT
cblr-8481	185	16	’	'	PUNCT
cblr-8481	185	17	even	even	ADV
cblr-8481	185	18	though	though	SCONJ
cblr-8481	185	19	note	note	VERB
cblr-8481	185	20	lieberman	lieberman	PROPN
cblr-8481	185	21	6/13/2021	6/13/2021	NUM
cblr-8481	185	22	8:45	8:45	NUM
cblr-8481	185	23	pm	pm	NOUN
cblr-8481	185	24	362	362	NUM
cblr-8481	185	25	columbia	columbia	PROPN
cblr-8481	185	26	business	business	NOUN
cblr-8481	185	27	law	law	PROPN
cblr-8481	185	28	review	review	NOUN
cblr-8481	185	29	[	[	X
cblr-8481	185	30	vol	vol	NOUN
cblr-8481	185	31	.	.	NOUN
cblr-8481	185	32	2021	2021	NUM
cblr-8481	185	33	view	view	NOUN
cblr-8481	185	34	of	of	ADP
cblr-8481	185	35	reliance37	reliance37	NOUN
cblr-8481	185	36	greatly	greatly	ADV
cblr-8481	185	37	reduced	reduce	VERB
cblr-8481	185	38	the	the	DET
cblr-8481	185	39	class	class	NOUN
cblr-8481	185	40	of	of	ADP
cblr-8481	185	41	potential	potential	ADJ
cblr-8481	185	42	defendants	defendant	NOUN
cblr-8481	185	43	since	since	SCONJ
cblr-8481	185	44	private	private	ADJ
cblr-8481	185	45	plaintiffs	plaintiff	NOUN
cblr-8481	185	46	had	have	VERB
cblr-8481	185	47	to	to	PART
cblr-8481	185	48	show	show	VERB
cblr-8481	185	49	they	they	PRON
cblr-8481	185	50	relied	rely	VERB
cblr-8481	185	51	directly	directly	ADV
cblr-8481	185	52	upon	upon	SCONJ
cblr-8481	185	53	defendants	defendant	NOUN
cblr-8481	185	54	’	'	PUNCT
cblr-8481	185	55	actions	action	NOUN
cblr-8481	185	56	or	or	CCONJ
cblr-8481	185	57	misstatements	misstatement	NOUN
cblr-8481	185	58	:	:	PUNCT
cblr-8481	185	59	“	"	PUNCT
cblr-8481	185	60	there	there	PRON
cblr-8481	185	61	is	be	VERB
cblr-8481	185	62	no	no	DET
cblr-8481	185	63	reliance	reliance	NOUN
cblr-8481	185	64	,	,	PUNCT
cblr-8481	185	65	and	and	CCONJ
cblr-8481	185	66	hence	hence	ADV
cblr-8481	185	67	no	no	DET
cblr-8481	185	68	liability	liability	NOUN
cblr-8481	185	69	,	,	PUNCT
cblr-8481	185	70	when	when	SCONJ
cblr-8481	185	71	the	the	DET
cblr-8481	185	72	link	link	NOUN
cblr-8481	185	73	between	between	ADP
cblr-8481	185	74	[	[	X
cblr-8481	185	75	a	a	X
cblr-8481	185	76	]	]	X
cblr-8481	185	77	third	third	ADJ
cblr-8481	185	78	party	party	NOUN
cblr-8481	185	79	’s	’s	PART
cblr-8481	185	80	actions	action	NOUN
cblr-8481	185	81	and	and	CCONJ
cblr-8481	185	82	the	the	DET
cblr-8481	185	83	resulting	result	VERB
cblr-8481	185	84	misrepresentation	misrepresentation	NOUN
cblr-8481	185	85	by	by	ADP
cblr-8481	185	86	the	the	DET
cblr-8481	185	87	issuer	issuer	NOUN
cblr-8481	185	88	is	be	AUX
cblr-8481	185	89	too	too	ADV
cblr-8481	185	90	remote	remote	ADJ
cblr-8481	185	91	or	or	CCONJ
cblr-8481	185	92	attenuated	attenuate	VERB
cblr-8481	185	93	.	.	PUNCT
cblr-8481	186	1	”38	”38	PROPN
cblr-8481	186	2	c.	c.	PROPN
cblr-8481	186	3	the	the	DET
cblr-8481	186	4	janus	janus	PROPN
cblr-8481	186	5	decision	decision	NOUN
cblr-8481	186	6	two	two	NUM
cblr-8481	186	7	years	year	NOUN
cblr-8481	186	8	after	after	ADP
cblr-8481	186	9	stoneridge	stoneridge	PROPN
cblr-8481	186	10	,	,	PUNCT
cblr-8481	186	11	the	the	DET
cblr-8481	186	12	court	court	NOUN
cblr-8481	186	13	decided	decide	VERB
cblr-8481	186	14	janus	janus	PROPN
cblr-8481	186	15	capital	capital	PROPN
cblr-8481	186	16	group	group	PROPN
cblr-8481	186	17	v.	v.	ADP
cblr-8481	186	18	first	first	ADJ
cblr-8481	186	19	derivative	derivative	ADJ
cblr-8481	186	20	traders	trader	NOUN
cblr-8481	186	21	,	,	PUNCT
cblr-8481	186	22	which	which	PRON
cblr-8481	186	23	limited	limit	VERB
cblr-8481	186	24	primary	primary	ADJ
cblr-8481	186	25	liability	liability	NOUN
cblr-8481	186	26	under	under	ADP
cblr-8481	186	27	rule	rule	NOUN
cblr-8481	186	28	10b-5(b	10b-5(b	NUM
cblr-8481	186	29	)	)	PUNCT
cblr-8481	186	30	to	to	ADP
cblr-8481	186	31	“	"	PUNCT
cblr-8481	186	32	the	the	DET
cblr-8481	186	33	person	person	NOUN
cblr-8481	186	34	or	or	CCONJ
cblr-8481	186	35	entity	entity	NOUN
cblr-8481	186	36	with	with	ADP
cblr-8481	186	37	ultimate	ultimate	ADJ
cblr-8481	186	38	authority	authority	NOUN
cblr-8481	186	39	over	over	ADP
cblr-8481	186	40	the	the	DET
cblr-8481	186	41	[	[	X
cblr-8481	186	42	challenged	challenge	VERB
cblr-8481	186	43	]	]	PUNCT
cblr-8481	186	44	statement	statement	NOUN
cblr-8481	186	45	,	,	PUNCT
cblr-8481	186	46	including	include	VERB
cblr-8481	186	47	its	its	PRON
cblr-8481	186	48	content	content	NOUN
cblr-8481	186	49	and	and	CCONJ
cblr-8481	186	50	whether	whether	SCONJ
cblr-8481	186	51	and	and	CCONJ
cblr-8481	186	52	how	how	SCONJ
cblr-8481	186	53	to	to	PART
cblr-8481	186	54	communicate	communicate	VERB
cblr-8481	186	55	it	it	PRON
cblr-8481	186	56	.	.	PUNCT
cblr-8481	187	1	”39	”39	PROPN
cblr-8481	187	2	respondent	respondent	VERB
cblr-8481	187	3	first	first	ADJ
cblr-8481	187	4	derivative	derivative	ADJ
cblr-8481	187	5	traders	trader	NOUN
cblr-8481	187	6	,	,	PUNCT
cblr-8481	187	7	on	on	ADP
cblr-8481	187	8	behalf	behalf	NOUN
cblr-8481	187	9	of	of	ADP
cblr-8481	187	10	a	a	DET
cblr-8481	187	11	class	class	NOUN
cblr-8481	187	12	of	of	ADP
cblr-8481	187	13	investors	investor	NOUN
cblr-8481	187	14	in	in	ADP
cblr-8481	187	15	janus	janus	PROPN
cblr-8481	187	16	capital	capital	PROPN
cblr-8481	187	17	group	group	NOUN
cblr-8481	187	18	(	(	PUNCT
cblr-8481	187	19	jcg	jcg	PROPN
cblr-8481	187	20	)	)	PUNCT
cblr-8481	187	21	,	,	PUNCT
cblr-8481	187	22	alleged	allege	VERB
cblr-8481	187	23	that	that	SCONJ
cblr-8481	187	24	jcg	jcg	PROPN
cblr-8481	187	25	and	and	CCONJ
cblr-8481	187	26	its	its	PRON
cblr-8481	187	27	wholly	wholly	ADV
cblr-8481	187	28	-	-	PUNCT
cblr-8481	187	29	owned	own	VERB
cblr-8481	187	30	subsidiary	subsidiary	NOUN
cblr-8481	187	31	,	,	PUNCT
cblr-8481	187	32	janus	janus	PROPN
cblr-8481	187	33	capital	capital	PROPN
cblr-8481	187	34	management	management	NOUN
cblr-8481	187	35	they	they	PRON
cblr-8481	187	36	had	have	AUX
cblr-8481	187	37	not	not	PART
cblr-8481	187	38	themselves	themselves	PRON
cblr-8481	187	39	issued	issue	VERB
cblr-8481	187	40	any	any	DET
cblr-8481	187	41	public	public	ADJ
cblr-8481	187	42	statements	statement	NOUN
cblr-8481	187	43	to	to	PART
cblr-8481	187	44	advance	advance	VERB
cblr-8481	187	45	the	the	DET
cblr-8481	187	46	alleged	allege	VERB
cblr-8481	187	47	manipulation	manipulation	NOUN
cblr-8481	187	48	plot	plot	NOUN
cblr-8481	187	49	.	.	PUNCT
cblr-8481	187	50	”	"	PUNCT
cblr-8481	188	1	denniston	denniston	PROPN
cblr-8481	188	2	,	,	PUNCT
cblr-8481	188	3	supra	supra	NOUN
cblr-8481	188	4	.	.	PUNCT
cblr-8481	189	1	37	37	NUM
cblr-8481	189	2	note	note	VERB
cblr-8481	189	3	that	that	SCONJ
cblr-8481	189	4	only	only	ADV
cblr-8481	189	5	private	private	ADJ
cblr-8481	189	6	litigants	litigant	NOUN
cblr-8481	189	7	need	need	VERB
cblr-8481	189	8	to	to	PART
cblr-8481	189	9	show	show	VERB
cblr-8481	189	10	reliance	reliance	NOUN
cblr-8481	189	11	.	.	PUNCT
cblr-8481	190	1	see	see	VERB
cblr-8481	190	2	lorenzo	lorenzo	PROPN
cblr-8481	190	3	v.	v.	ADP
cblr-8481	190	4	sec	sec	PROPN
cblr-8481	190	5	,	,	PUNCT
cblr-8481	190	6	139	139	NUM
cblr-8481	190	7	s.	s.	PROPN
cblr-8481	190	8	ct	ct	PROPN
cblr-8481	190	9	.	.	PROPN
cblr-8481	190	10	1094	1094	NUM
cblr-8481	190	11	,	,	PUNCT
cblr-8481	190	12	1104	1104	NUM
cblr-8481	190	13	(	(	PUNCT
cblr-8481	190	14	2019	2019	NUM
cblr-8481	190	15	)	)	PUNCT
cblr-8481	190	16	(	(	PUNCT
cblr-8481	190	17	“	"	PUNCT
cblr-8481	190	18	[	[	X
cblr-8481	190	19	t]he	t]he	X
cblr-8481	190	20	[	[	X
cblr-8481	190	21	sec	sec	X
cblr-8481	190	22	]	]	X
cblr-8481	190	23	,	,	PUNCT
cblr-8481	190	24	unlike	unlike	ADP
cblr-8481	190	25	private	private	ADJ
cblr-8481	190	26	parties	party	NOUN
cblr-8481	190	27	,	,	PUNCT
cblr-8481	190	28	need	need	AUX
cblr-8481	190	29	not	not	PART
cblr-8481	190	30	show	show	VERB
cblr-8481	190	31	reliance	reliance	NOUN
cblr-8481	190	32	in	in	ADP
cblr-8481	190	33	its	its	PRON
cblr-8481	190	34	enforcement	enforcement	NOUN
cblr-8481	190	35	actions	action	NOUN
cblr-8481	190	36	.	.	PUNCT
cblr-8481	190	37	”	"	PUNCT
cblr-8481	190	38	)	)	PUNCT
cblr-8481	190	39	.	.	PUNCT
cblr-8481	191	1	38	38	NUM
cblr-8481	191	2	see	see	VERB
cblr-8481	191	3	donald	donald	PROPN
cblr-8481	191	4	c.	c.	PROPN
cblr-8481	191	5	langevoort	langevoort	PROPN
cblr-8481	191	6	,	,	PUNCT
cblr-8481	191	7	reading	read	VERB
cblr-8481	191	8	stoneridge	stoneridge	PROPN
cblr-8481	191	9	carefully	carefully	ADV
cblr-8481	191	10	:	:	PUNCT
cblr-8481	191	11	a	a	DET
cblr-8481	191	12	dutybased	dutybased	ADJ
cblr-8481	191	13	approach	approach	NOUN
cblr-8481	191	14	to	to	ADP
cblr-8481	191	15	reliance	reliance	NOUN
cblr-8481	191	16	and	and	CCONJ
cblr-8481	191	17	third	third	ADJ
cblr-8481	191	18	-	-	PUNCT
cblr-8481	191	19	party	party	NOUN
cblr-8481	191	20	liability	liability	NOUN
cblr-8481	191	21	under	under	ADP
cblr-8481	191	22	rule	rule	NOUN
cblr-8481	191	23	10b-5	10b-5	NUM
cblr-8481	191	24	,	,	PUNCT
cblr-8481	191	25	158	158	NUM
cblr-8481	191	26	u.	u.	NOUN
cblr-8481	191	27	pa	pa	PROPN
cblr-8481	191	28	.	.	PUNCT
cblr-8481	191	29	l.	l.	PROPN
cblr-8481	191	30	rev	rev	PROPN
cblr-8481	191	31	.	.	PROPN
cblr-8481	191	32	2125	2125	NUM
cblr-8481	191	33	,	,	PUNCT
cblr-8481	191	34	2126–27	2126–27	NUM
cblr-8481	191	35	(	(	PUNCT
cblr-8481	191	36	2010	2010	NUM
cblr-8481	191	37	)	)	PUNCT
cblr-8481	191	38	.	.	PUNCT
cblr-8481	192	1	the	the	DET
cblr-8481	192	2	court	court	NOUN
cblr-8481	192	3	also	also	ADV
cblr-8481	192	4	noted	note	VERB
cblr-8481	192	5	that	that	SCONJ
cblr-8481	192	6	the	the	DET
cblr-8481	192	7	fraudon	fraudon	VERB
cblr-8481	192	8	-	-	PUNCT
cblr-8481	192	9	the	the	DET
cblr-8481	192	10	-	-	PUNCT
cblr-8481	192	11	market	market	NOUN
cblr-8481	192	12	(	(	PUNCT
cblr-8481	192	13	fotm	fotm	NOUN
cblr-8481	192	14	)	)	PUNCT
cblr-8481	192	15	theory	theory	NOUN
cblr-8481	192	16	of	of	ADP
cblr-8481	192	17	reliance	reliance	NOUN
cblr-8481	192	18	did	do	AUX
cblr-8481	192	19	not	not	PART
cblr-8481	192	20	apply	apply	VERB
cblr-8481	192	21	because	because	SCONJ
cblr-8481	192	22	“	"	PUNCT
cblr-8481	192	23	[	[	X
cblr-8481	192	24	r]espondents	r]espondent	NOUN
cblr-8481	192	25	had	have	VERB
cblr-8481	192	26	no	no	DET
cblr-8481	192	27	duty	duty	NOUN
cblr-8481	192	28	to	to	PART
cblr-8481	192	29	disclose	disclose	VERB
cblr-8481	192	30	;	;	PUNCT
cblr-8481	192	31	and	and	CCONJ
cblr-8481	192	32	their	their	PRON
cblr-8481	192	33	deceptive	deceptive	ADJ
cblr-8481	192	34	acts	act	NOUN
cblr-8481	192	35	were	be	AUX
cblr-8481	192	36	not	not	PART
cblr-8481	192	37	communicated	communicate	VERB
cblr-8481	192	38	to	to	ADP
cblr-8481	192	39	the	the	DET
cblr-8481	192	40	public	public	NOUN
cblr-8481	192	41	.	.	PUNCT
cblr-8481	192	42	.	.	PUNCT
cblr-8481	192	43	.	.	PUNCT
cblr-8481	192	44	.	.	PUNCT
cblr-8481	193	1	petitioner	petitioner	NOUN
cblr-8481	193	2	,	,	PUNCT
cblr-8481	193	3	as	as	ADP
cblr-8481	193	4	a	a	DET
cblr-8481	193	5	result	result	NOUN
cblr-8481	193	6	,	,	PUNCT
cblr-8481	193	7	can	can	AUX
cblr-8481	193	8	not	not	PART
cblr-8481	193	9	show	show	VERB
cblr-8481	193	10	reliance	reliance	NOUN
cblr-8481	193	11	upon	upon	SCONJ
cblr-8481	193	12	any	any	PRON
cblr-8481	193	13	of	of	ADP
cblr-8481	193	14	respondents	respondent	NOUN
cblr-8481	193	15	’	'	PUNCT
cblr-8481	193	16	actions	action	NOUN
cblr-8481	193	17	except	except	SCONJ
cblr-8481	193	18	in	in	ADP
cblr-8481	193	19	an	an	DET
cblr-8481	193	20	indirect	indirect	ADJ
cblr-8481	193	21	chain	chain	NOUN
cblr-8481	193	22	that	that	PRON
cblr-8481	193	23	we	we	PRON
cblr-8481	193	24	find	find	VERB
cblr-8481	193	25	too	too	ADV
cblr-8481	193	26	remote	remote	ADJ
cblr-8481	193	27	for	for	ADP
cblr-8481	193	28	liability	liability	NOUN
cblr-8481	193	29	.	.	PUNCT
cblr-8481	193	30	”	"	PUNCT
cblr-8481	194	1	stoneridge	stoneridge	PROPN
cblr-8481	194	2	,	,	PUNCT
cblr-8481	194	3	552	552	NUM
cblr-8481	194	4	u.s	u.s	PROPN
cblr-8481	194	5	.	.	PROPN
cblr-8481	194	6	at	at	ADP
cblr-8481	194	7	159	159	NUM
cblr-8481	194	8	.	.	PUNCT
cblr-8481	195	1	the	the	DET
cblr-8481	195	2	fotm	fotm	PROPN
cblr-8481	195	3	presumption	presumption	NOUN
cblr-8481	195	4	comes	come	VERB
cblr-8481	195	5	from	from	ADP
cblr-8481	195	6	the	the	DET
cblr-8481	195	7	1988	1988	NUM
cblr-8481	195	8	supreme	supreme	PROPN
cblr-8481	195	9	court	court	PROPN
cblr-8481	195	10	case	case	PROPN
cblr-8481	195	11	basic	basic	PROPN
cblr-8481	195	12	inc	inc	PROPN
cblr-8481	195	13	.	.	PROPN
cblr-8481	196	1	v.	v.	PROPN
cblr-8481	196	2	levinson	levinson	PROPN
cblr-8481	196	3	,	,	PUNCT
cblr-8481	196	4	485	485	NUM
cblr-8481	196	5	u.s	u.s	PROPN
cblr-8481	196	6	.	.	PROPN
cblr-8481	196	7	224	224	NUM
cblr-8481	196	8	,	,	PUNCT
cblr-8481	196	9	245–47	245–47	NUM
cblr-8481	196	10	(	(	PUNCT
cblr-8481	196	11	1988	1988	NUM
cblr-8481	196	12	)	)	PUNCT
cblr-8481	196	13	,	,	PUNCT
cblr-8481	196	14	and	and	CCONJ
cblr-8481	196	15	holds	hold	VERB
cblr-8481	196	16	that	that	SCONJ
cblr-8481	196	17	“	"	PUNCT
cblr-8481	196	18	investors	investor	NOUN
cblr-8481	196	19	could	could	AUX
cblr-8481	196	20	satisfy	satisfy	VERB
cblr-8481	196	21	the	the	DET
cblr-8481	196	22	reliance	reliance	NOUN
cblr-8481	196	23	requirement	requirement	NOUN
cblr-8481	196	24	by	by	ADP
cblr-8481	196	25	invoking	invoke	VERB
cblr-8481	196	26	a	a	DET
cblr-8481	196	27	presumption	presumption	NOUN
cblr-8481	196	28	that	that	SCONJ
cblr-8481	196	29	the	the	DET
cblr-8481	196	30	price	price	NOUN
cblr-8481	196	31	of	of	ADP
cblr-8481	196	32	stock	stock	NOUN
cblr-8481	196	33	traded	trade	VERB
cblr-8481	196	34	in	in	ADP
cblr-8481	196	35	an	an	DET
cblr-8481	196	36	efficient	efficient	ADJ
cblr-8481	196	37	market	market	NOUN
cblr-8481	196	38	reflects	reflect	VERB
cblr-8481	196	39	all	all	DET
cblr-8481	196	40	public	public	ADJ
cblr-8481	196	41	material	material	NOUN
cblr-8481	196	42	information	information	NOUN
cblr-8481	196	43	.	.	PUNCT
cblr-8481	196	44	”	"	PUNCT
cblr-8481	197	1	yaron	yaron	PROPN
cblr-8481	197	2	nili	nili	PROPN
cblr-8481	197	3	,	,	PUNCT
cblr-8481	197	4	supreme	supreme	PROPN
cblr-8481	197	5	court	court	PROPN
cblr-8481	197	6	upholds	uphold	VERB
cblr-8481	197	7	fraud	fraud	NOUN
cblr-8481	197	8	-	-	PUNCT
cblr-8481	197	9	on	on	ADP
cblr-8481	197	10	-	-	PUNCT
cblr-8481	197	11	the	the	DET
cblr-8481	197	12	-	-	PUNCT
cblr-8481	197	13	market	market	NOUN
cblr-8481	197	14	presumption	presumption	NOUN
cblr-8481	197	15	in	in	ADP
cblr-8481	197	16	halliburton	halliburton	PROPN
cblr-8481	197	17	,	,	PUNCT
cblr-8481	197	18	harv	harv	PROPN
cblr-8481	197	19	.	.	PUNCT
cblr-8481	198	1	l.	l.	PROPN
cblr-8481	198	2	sch	sch	PROPN
cblr-8481	198	3	.	.	PUNCT
cblr-8481	199	1	f.	f.	PROPN
cblr-8481	199	2	on	on	ADP
cblr-8481	199	3	corp	corp	PROPN
cblr-8481	199	4	.	.	PROPN
cblr-8481	199	5	governance	governance	PROPN
cblr-8481	199	6	(	(	PUNCT
cblr-8481	199	7	june	june	PROPN
cblr-8481	199	8	24	24	NUM
cblr-8481	199	9	,	,	PUNCT
cblr-8481	199	10	2014	2014	NUM
cblr-8481	199	11	)	)	PUNCT
cblr-8481	199	12	,	,	PUNCT
cblr-8481	199	13	https://corpgov.law	https://corpgov.law	PROPN
cblr-8481	199	14	.	.	PUNCT
cblr-8481	200	1	harvard.edu/2014/06/24/supreme-court-upholds-fraud-on-the-marketpresumption-in-halliburton	harvard.edu/2014/06/24/supreme-court-upholds-fraud-on-the-marketpresumption-in-halliburton	PUNCT
cblr-8481	201	1	[	[	X
cblr-8481	201	2	https://perma.cc/rn3k-dew8	https://perma.cc/rn3k-dew8	ADP
cblr-8481	201	3	]	]	X
cblr-8481	201	4	.	.	PUNCT
cblr-8481	202	1	this	this	PRON
cblr-8481	202	2	is	be	AUX
cblr-8481	202	3	an	an	DET
cblr-8481	202	4	especially	especially	ADV
cblr-8481	202	5	important	important	ADJ
cblr-8481	202	6	presumption	presumption	NOUN
cblr-8481	202	7	in	in	ADP
cblr-8481	202	8	securities	security	NOUN
cblr-8481	202	9	class	class	NOUN
cblr-8481	202	10	actions	action	NOUN
cblr-8481	202	11	,	,	PUNCT
cblr-8481	202	12	as	as	SCONJ
cblr-8481	202	13	it	it	PRON
cblr-8481	202	14	ensures	ensure	VERB
cblr-8481	202	15	that	that	SCONJ
cblr-8481	202	16	class	class	NOUN
cblr-8481	202	17	certification	certification	NOUN
cblr-8481	202	18	is	be	AUX
cblr-8481	202	19	possible	possible	ADJ
cblr-8481	202	20	without	without	ADP
cblr-8481	202	21	requiring	require	VERB
cblr-8481	202	22	each	each	DET
cblr-8481	202	23	individual	individual	ADJ
cblr-8481	202	24	member	member	NOUN
cblr-8481	202	25	of	of	ADP
cblr-8481	202	26	a	a	DET
cblr-8481	202	27	class	class	NOUN
cblr-8481	202	28	to	to	PART
cblr-8481	202	29	show	show	VERB
cblr-8481	202	30	reliance	reliance	NOUN
cblr-8481	202	31	.	.	PUNCT
cblr-8481	203	1	see	see	VERB
cblr-8481	204	1	i	i	PRON
cblr-8481	204	2	d.	d.	PROPN
cblr-8481	204	3	39	39	NUM
cblr-8481	205	1	janus	janus	PROPN
cblr-8481	205	2	cap	cap	NOUN
cblr-8481	205	3	.	.	PUNCT
cblr-8481	206	1	grp	grp	PROPN
cblr-8481	206	2	.	.	PUNCT
cblr-8481	207	1	v.	v.	ADP
cblr-8481	207	2	first	first	ADJ
cblr-8481	207	3	derivative	derivative	ADJ
cblr-8481	207	4	traders	trader	NOUN
cblr-8481	207	5	,	,	PUNCT
cblr-8481	208	1	564	564	NUM
cblr-8481	208	2	u.s	u.s	PROPN
cblr-8481	208	3	.	.	PROPN
cblr-8481	208	4	135	135	NUM
cblr-8481	208	5	,	,	PUNCT
cblr-8481	208	6	142	142	NUM
cblr-8481	208	7	(	(	PUNCT
cblr-8481	208	8	2011	2011	NUM
cblr-8481	208	9	)	)	PUNCT
cblr-8481	208	10	.	.	PUNCT
cblr-8481	209	1	note	note	NOUN
cblr-8481	209	2	–	–	PUNCT
cblr-8481	209	3	lieberman	lieberman	PROPN
cblr-8481	210	1	6/13/2021	6/13/2021	NUM
cblr-8481	210	2	8:45	8:45	NUM
cblr-8481	210	3	pm	pm	NOUN
cblr-8481	210	4	no	no	INTJ
cblr-8481	210	5	.	.	PUNCT
cblr-8481	211	1	1:352	1:352	NUM
cblr-8481	211	2	]	]	X
cblr-8481	211	3	lorenzo	lorenzo	PROPN
cblr-8481	211	4	v.	v.	ADP
cblr-8481	211	5	sec	sec	PROPN
cblr-8481	211	6	and	and	CCONJ
cblr-8481	211	7	the	the	DET
cblr-8481	211	8	expansion	expansion	NOUN
cblr-8481	211	9	of	of	ADP
cblr-8481	211	10	scheme	scheme	NOUN
cblr-8481	211	11	liability	liability	NOUN
cblr-8481	211	12	363	363	NUM
cblr-8481	211	13	(	(	PUNCT
cblr-8481	211	14	jcm	jcm	PROPN
cblr-8481	211	15	)	)	PUNCT
cblr-8481	211	16	,	,	PUNCT
cblr-8481	211	17	had	have	AUX
cblr-8481	211	18	participated	participate	VERB
cblr-8481	211	19	in	in	ADP
cblr-8481	211	20	the	the	DET
cblr-8481	211	21	preparation	preparation	NOUN
cblr-8481	211	22	of	of	ADP
cblr-8481	211	23	a	a	DET
cblr-8481	211	24	prospectus40	prospectus40	NOUN
cblr-8481	211	25	“	"	PUNCT
cblr-8481	211	26	describing	describe	VERB
cblr-8481	211	27	the	the	DET
cblr-8481	211	28	investment	investment	NOUN
cblr-8481	211	29	strategy	strategy	NOUN
cblr-8481	211	30	and	and	CCONJ
cblr-8481	211	31	operations	operation	NOUN
cblr-8481	211	32	of	of	ADP
cblr-8481	211	33	its	its	PRON
cblr-8481	211	34	mutual	mutual	ADJ
cblr-8481	211	35	funds	fund	NOUN
cblr-8481	211	36	to	to	ADP
cblr-8481	211	37	investors	investor	NOUN
cblr-8481	211	38	”	"	PUNCT
cblr-8481	211	39	which	which	PRON
cblr-8481	211	40	fraudulently	fraudulently	ADV
cblr-8481	211	41	stated	state	VERB
cblr-8481	211	42	that	that	SCONJ
cblr-8481	211	43	the	the	DET
cblr-8481	211	44	“	"	PUNCT
cblr-8481	211	45	the	the	DET
cblr-8481	211	46	funds	fund	NOUN
cblr-8481	211	47	were	be	AUX
cblr-8481	211	48	not	not	PART
cblr-8481	211	49	suitable	suitable	ADJ
cblr-8481	211	50	for	for	ADP
cblr-8481	211	51	market	market	NOUN
cblr-8481	211	52	timing	timing	NOUN
cblr-8481	211	53	and	and	CCONJ
cblr-8481	211	54	.	.	PUNCT
cblr-8481	211	55	.	.	PUNCT
cblr-8481	211	56	.	.	PUNCT
cblr-8481	212	1	suggest[ed	suggest[ed	PROPN
cblr-8481	212	2	]	]	PUNCT
cblr-8481	212	3	that	that	SCONJ
cblr-8481	212	4	jcm	jcm	PROPN
cblr-8481	212	5	would	would	AUX
cblr-8481	212	6	implement	implement	VERB
cblr-8481	212	7	policies	policy	NOUN
cblr-8481	212	8	to	to	PART
cblr-8481	212	9	curb	curb	VERB
cblr-8481	212	10	the	the	DET
cblr-8481	212	11	practice	practice	NOUN
cblr-8481	212	12	.	.	PUNCT
cblr-8481	213	1	”41	”41	PROPN
cblr-8481	213	2	although	although	SCONJ
cblr-8481	213	3	jcm	jcm	PROPN
cblr-8481	213	4	and	and	CCONJ
cblr-8481	213	5	jcg	jcg	PROPN
cblr-8481	213	6	had	have	AUX
cblr-8481	213	7	participated	participate	VERB
cblr-8481	213	8	in	in	ADP
cblr-8481	213	9	the	the	DET
cblr-8481	213	10	preparation	preparation	NOUN
cblr-8481	213	11	of	of	ADP
cblr-8481	213	12	the	the	DET
cblr-8481	213	13	prospectus	prospectus	NOUN
cblr-8481	213	14	,	,	PUNCT
cblr-8481	213	15	it	it	PRON
cblr-8481	213	16	was	be	AUX
cblr-8481	213	17	actually	actually	ADV
cblr-8481	213	18	issued	issue	VERB
cblr-8481	213	19	by	by	ADP
cblr-8481	213	20	the	the	DET
cblr-8481	213	21	janus	janus	PROPN
cblr-8481	213	22	investment	investment	PROPN
cblr-8481	213	23	fund	fund	PROPN
cblr-8481	213	24	(	(	PUNCT
cblr-8481	213	25	janus	janus	PROPN
cblr-8481	213	26	fund	fund	PROPN
cblr-8481	213	27	)	)	PUNCT
cblr-8481	213	28	,	,	PUNCT
cblr-8481	213	29	which	which	PRON
cblr-8481	213	30	,	,	PUNCT
cblr-8481	213	31	despite	despite	SCONJ
cblr-8481	213	32	being	be	AUX
cblr-8481	213	33	created	create	VERB
cblr-8481	213	34	by	by	ADP
cblr-8481	213	35	jcg	jcg	PROPN
cblr-8481	213	36	,	,	PUNCT
cblr-8481	213	37	was	be	AUX
cblr-8481	213	38	“	"	PUNCT
cblr-8481	213	39	a	a	DET
cblr-8481	213	40	separate	separate	ADJ
cblr-8481	213	41	legal	legal	ADJ
cblr-8481	213	42	entity	entity	NOUN
cblr-8481	213	43	owned	own	VERB
cblr-8481	213	44	entirely	entirely	ADV
cblr-8481	213	45	by	by	ADP
cblr-8481	213	46	mutual	mutual	ADJ
cblr-8481	213	47	fund	fund	NOUN
cblr-8481	213	48	investors	investor	NOUN
cblr-8481	213	49	.	.	PUNCT
cblr-8481	213	50	.	.	PUNCT
cblr-8481	213	51	.	.	PUNCT
cblr-8481	214	1	.	.	PUNCT
cblr-8481	215	1	[	[	X
cblr-8481	215	2	that	that	SCONJ
cblr-8481	215	3	]	]	X
cblr-8481	215	4	ha[d	ha[d	NOUN
cblr-8481	215	5	]	]	X
cblr-8481	215	6	no	no	DET
cblr-8481	215	7	assets	asset	NOUN
cblr-8481	215	8	apart	apart	ADV
cblr-8481	215	9	from	from	ADP
cblr-8481	215	10	those	those	PRON
cblr-8481	215	11	owned	own	VERB
cblr-8481	215	12	by	by	ADP
cblr-8481	215	13	the	the	DET
cblr-8481	215	14	investors	investor	NOUN
cblr-8481	215	15	.	.	PUNCT
cblr-8481	216	1	”42	”42	VERB
cblr-8481	216	2	although	although	SCONJ
cblr-8481	216	3	jcm	jcm	PROPN
cblr-8481	216	4	and	and	CCONJ
cblr-8481	216	5	the	the	DET
cblr-8481	216	6	janus	janus	PROPN
cblr-8481	216	7	fund	fund	PROPN
cblr-8481	216	8	were	be	AUX
cblr-8481	216	9	legally	legally	ADV
cblr-8481	216	10	independent	independent	ADJ
cblr-8481	216	11	,	,	PUNCT
cblr-8481	216	12	“	"	PUNCT
cblr-8481	216	13	[	[	X
cblr-8481	216	14	b]ecause	b]ecause	ADP
cblr-8481	216	15	[	[	X
cblr-8481	216	16	the	the	DET
cblr-8481	216	17	janus	janus	PROPN
cblr-8481	216	18	fund	fund	PROPN
cblr-8481	216	19	]	]	PUNCT
cblr-8481	216	20	compensated	compensate	VERB
cblr-8481	216	21	jcm	jcm	PROPN
cblr-8481	216	22	based	base	VERB
cblr-8481	216	23	on	on	ADP
cblr-8481	216	24	the	the	DET
cblr-8481	216	25	total	total	ADJ
cblr-8481	216	26	value	value	NOUN
cblr-8481	216	27	of	of	ADP
cblr-8481	216	28	the	the	DET
cblr-8481	216	29	fund	fund	NOUN
cblr-8481	217	1	[	[	X
cblr-8481	217	2	]	]	X
cblr-8481	217	3	and	and	CCONJ
cblr-8481	217	4	jcm	jcm	PROPN
cblr-8481	217	5	’s	’s	PROPN
cblr-8481	217	6	management	management	NOUN
cblr-8481	217	7	fees	fee	NOUN
cblr-8481	217	8	comprised	comprise	VERB
cblr-8481	217	9	a	a	DET
cblr-8481	217	10	significant	significant	ADJ
cblr-8481	217	11	percentage	percentage	NOUN
cblr-8481	217	12	of	of	ADP
cblr-8481	217	13	jcg	jcg	PROPN
cblr-8481	217	14	’s	’s	PART
cblr-8481	217	15	income	income	NOUN
cblr-8481	217	16	,	,	PUNCT
cblr-8481	217	17	[	[	X
cblr-8481	217	18	the	the	DET
cblr-8481	217	19	janus	janus	PROPN
cblr-8481	217	20	fund	fund	PROPN
cblr-8481	217	21	’s	’s	PART
cblr-8481	217	22	]	]	PUNCT
cblr-8481	217	23	loss	loss	NOUN
cblr-8481	217	24	of	of	ADP
cblr-8481	217	25	value	value	NOUN
cblr-8481	217	26	affected	affect	VERB
cblr-8481	217	27	jcg	jcg	PROPN
cblr-8481	217	28	’s	’s	PART
cblr-8481	217	29	value	value	NOUN
cblr-8481	217	30	as	as	ADV
cblr-8481	217	31	well	well	ADV
cblr-8481	217	32	.	.	PUNCT
cblr-8481	218	1	”43	”43	PROPN
cblr-8481	218	2	thus	thus	ADV
cblr-8481	218	3	,	,	PUNCT
cblr-8481	218	4	as	as	ADP
cblr-8481	218	5	investors	investor	NOUN
cblr-8481	218	6	in	in	ADP
cblr-8481	218	7	jcg	jcg	PROPN
cblr-8481	218	8	,	,	PUNCT
cblr-8481	218	9	the	the	DET
cblr-8481	218	10	respondents	respondent	NOUN
cblr-8481	218	11	40	40	NUM
cblr-8481	218	12	a	a	DET
cblr-8481	218	13	prospectus	prospectus	NOUN
cblr-8481	218	14	usually	usually	ADV
cblr-8481	218	15	is	be	AUX
cblr-8481	218	16	[	[	X
cblr-8481	218	17	a	a	X
cblr-8481	218	18	]	]	X
cblr-8481	218	19	formal	formal	ADJ
cblr-8481	218	20	written	write	VERB
cblr-8481	218	21	document	document	NOUN
cblr-8481	218	22	that	that	PRON
cblr-8481	218	23	accompanies	accompany	VERB
cblr-8481	218	24	a	a	DET
cblr-8481	218	25	new	new	ADJ
cblr-8481	218	26	offering	offering	NOUN
cblr-8481	218	27	of	of	ADP
cblr-8481	218	28	a	a	DET
cblr-8481	218	29	corporate	corporate	ADJ
cblr-8481	218	30	security	security	NOUN
cblr-8481	218	31	,	,	PUNCT
cblr-8481	218	32	meant	mean	VERB
cblr-8481	218	33	to	to	PART
cblr-8481	218	34	provide	provide	VERB
cblr-8481	218	35	information	information	NOUN
cblr-8481	218	36	to	to	ADP
cblr-8481	218	37	potential	potential	ADJ
cblr-8481	218	38	buyers	buyer	NOUN
cblr-8481	218	39	of	of	ADP
cblr-8481	218	40	that	that	DET
cblr-8481	218	41	security	security	NOUN
cblr-8481	218	42	.	.	PUNCT
cblr-8481	219	1	it	it	PRON
cblr-8481	219	2	contains	contain	VERB
cblr-8481	219	3	detailed	detailed	ADJ
cblr-8481	219	4	information	information	NOUN
cblr-8481	219	5	on	on	ADP
cblr-8481	219	6	the	the	DET
cblr-8481	219	7	business	business	NOUN
cblr-8481	219	8	’	'	PUNCT
cblr-8481	219	9	history	history	NOUN
cblr-8481	219	10	,	,	PUNCT
cblr-8481	219	11	financial	financial	ADJ
cblr-8481	219	12	state	state	NOUN
cblr-8481	219	13	,	,	PUNCT
cblr-8481	219	14	current	current	ADJ
cblr-8481	219	15	business	business	NOUN
cblr-8481	219	16	plans	plan	NOUN
cblr-8481	219	17	,	,	PUNCT
cblr-8481	219	18	the	the	DET
cblr-8481	219	19	names	name	NOUN
cblr-8481	219	20	of	of	ADP
cblr-8481	219	21	its	its	PRON
cblr-8481	219	22	directors	director	NOUN
cblr-8481	219	23	and	and	CCONJ
cblr-8481	219	24	officers	officer	NOUN
cblr-8481	219	25	as	as	ADV
cblr-8481	219	26	well	well	ADV
cblr-8481	219	27	as	as	ADP
cblr-8481	219	28	any	any	DET
cblr-8481	219	29	pending	pende	VERB
cblr-8481	219	30	litigation	litigation	NOUN
cblr-8481	219	31	it	it	PRON
cblr-8481	219	32	is	be	AUX
cblr-8481	219	33	involved	involve	VERB
cblr-8481	219	34	in	in	ADP
cblr-8481	219	35	.	.	PUNCT
cblr-8481	220	1	the	the	DET
cblr-8481	220	2	prospectus	prospectus	NOUN
cblr-8481	220	3	is	be	AUX
cblr-8481	220	4	usually	usually	ADV
cblr-8481	220	5	an	an	DET
cblr-8481	220	6	abridged	abridge	VERB
cblr-8481	220	7	version	version	NOUN
cblr-8481	220	8	of	of	ADP
cblr-8481	220	9	the	the	DET
cblr-8481	220	10	business	business	NOUN
cblr-8481	220	11	’	'	PUNCT
cblr-8481	220	12	registration	registration	NOUN
cblr-8481	220	13	statement	statement	NOUN
cblr-8481	220	14	filed	file	VERB
cblr-8481	220	15	with	with	ADP
cblr-8481	220	16	the	the	DET
cblr-8481	220	17	securities	securities	PROPN
cblr-8481	220	18	and	and	CCONJ
cblr-8481	220	19	exchange	exchange	PROPN
cblr-8481	220	20	commission	commission	PROPN
cblr-8481	220	21	.	.	PUNCT
cblr-8481	221	1	prospectus	prospectus	NOUN
cblr-8481	221	2	,	,	PUNCT
cblr-8481	221	3	legal	legal	ADJ
cblr-8481	221	4	info	info	NOUN
cblr-8481	221	5	.	.	PUNCT
cblr-8481	222	1	inst	inst	PROPN
cblr-8481	222	2	.	.	PROPN
cblr-8481	222	3	,	,	PUNCT
cblr-8481	222	4	https://www.law.cornell.edu/wex/prospectus	https://www.law.cornell.edu/wex/prospectus	X
cblr-8481	223	1	[	[	X
cblr-8481	223	2	https://perma.cc/pz6m-93wt	https://perma.cc/pz6m-93wt	X
cblr-8481	223	3	]	]	X
cblr-8481	223	4	(	(	PUNCT
cblr-8481	223	5	last	last	ADV
cblr-8481	223	6	visited	visit	VERB
cblr-8481	223	7	jan	jan	PROPN
cblr-8481	223	8	.	.	PROPN
cblr-8481	223	9	19	19	NUM
cblr-8481	223	10	,	,	PUNCT
cblr-8481	223	11	2021	2021	NUM
cblr-8481	223	12	)	)	PUNCT
cblr-8481	223	13	.	.	PUNCT
cblr-8481	224	1	the	the	DET
cblr-8481	224	2	securities	securities	PROPN
cblr-8481	224	3	act	act	PROPN
cblr-8481	224	4	,	,	PUNCT
cblr-8481	224	5	however	however	ADV
cblr-8481	224	6	,	,	PUNCT
cblr-8481	224	7	gives	give	VERB
cblr-8481	224	8	a	a	DET
cblr-8481	224	9	broader	broad	ADJ
cblr-8481	224	10	definition	definition	NOUN
cblr-8481	224	11	.	.	PUNCT
cblr-8481	225	1	see	see	VERB
cblr-8481	225	2	15	15	NUM
cblr-8481	225	3	u.s.c	u.s.c	ADJ
cblr-8481	225	4	.	.	PUNCT
cblr-8481	226	1	§	§	PROPN
cblr-8481	226	2	77b(10	77b(10	NUM
cblr-8481	226	3	)	)	PUNCT
cblr-8481	226	4	(	(	PUNCT
cblr-8481	226	5	2018	2018	NUM
cblr-8481	226	6	)	)	PUNCT
cblr-8481	226	7	.	.	PUNCT
cblr-8481	227	1	41	41	NUM
cblr-8481	227	2	janus	janus	PROPN
cblr-8481	227	3	,	,	PUNCT
cblr-8481	227	4	564	564	NUM
cblr-8481	227	5	u.s	u.s	PROPN
cblr-8481	227	6	.	.	PROPN
cblr-8481	227	7	at	at	ADP
cblr-8481	227	8	138–39	138–39	NUM
cblr-8481	227	9	.	.	PUNCT
cblr-8481	228	1	explaining	explain	VERB
cblr-8481	228	2	the	the	DET
cblr-8481	228	3	complexities	complexity	NOUN
cblr-8481	228	4	of	of	ADP
cblr-8481	228	5	market	market	NOUN
cblr-8481	228	6	timing	timing	NOUN
cblr-8481	228	7	is	be	AUX
cblr-8481	228	8	not	not	PART
cblr-8481	228	9	relevant	relevant	ADJ
cblr-8481	228	10	for	for	ADP
cblr-8481	228	11	the	the	DET
cblr-8481	228	12	purposes	purpose	NOUN
cblr-8481	228	13	of	of	ADP
cblr-8481	228	14	this	this	DET
cblr-8481	228	15	note	note	NOUN
cblr-8481	228	16	.	.	PUNCT
cblr-8481	229	1	it	it	PRON
cblr-8481	229	2	suffices	suffice	VERB
cblr-8481	229	3	to	to	PART
cblr-8481	229	4	say	say	VERB
cblr-8481	229	5	that	that	SCONJ
cblr-8481	229	6	the	the	DET
cblr-8481	229	7	practice	practice	NOUN
cblr-8481	229	8	is	be	AUX
cblr-8481	229	9	legal	legal	ADJ
cblr-8481	229	10	but	but	CCONJ
cblr-8481	229	11	also	also	ADV
cblr-8481	229	12	unpopular	unpopular	ADJ
cblr-8481	229	13	since	since	SCONJ
cblr-8481	229	14	“	"	PUNCT
cblr-8481	229	15	it	it	PRON
cblr-8481	229	16	harms	harm	VERB
cblr-8481	229	17	other	other	ADJ
cblr-8481	229	18	investors	investor	NOUN
cblr-8481	229	19	in	in	ADP
cblr-8481	229	20	[	[	X
cblr-8481	229	21	a	a	X
cblr-8481	229	22	]	]	X
cblr-8481	229	23	mutual	mutual	ADJ
cblr-8481	229	24	fund	fund	NOUN
cblr-8481	229	25	.	.	PUNCT
cblr-8481	229	26	”	"	PUNCT
cblr-8481	230	1	i	i	PRON
cblr-8481	230	2	d.	d.	VERB
cblr-8481	230	3	at	at	ADP
cblr-8481	230	4	139	139	NUM
cblr-8481	230	5	.	.	PUNCT
cblr-8481	231	1	for	for	ADP
cblr-8481	231	2	an	an	DET
cblr-8481	231	3	explanation	explanation	NOUN
cblr-8481	231	4	of	of	ADP
cblr-8481	231	5	market	market	NOUN
cblr-8481	231	6	timing	timing	NOUN
cblr-8481	231	7	,	,	PUNCT
cblr-8481	231	8	see	see	VERB
cblr-8481	231	9	i	i	PRON
cblr-8481	231	10	d.	d.	PROPN
cblr-8481	231	11	at	at	ADP
cblr-8481	231	12	139	139	NUM
cblr-8481	231	13	n.1	n.1	NUM
cblr-8481	231	14	.	.	PUNCT
cblr-8481	232	1	42	42	NUM
cblr-8481	233	1	i	i	PRON
cblr-8481	233	2	d.	d.	PROPN
cblr-8481	233	3	at	at	ADP
cblr-8481	233	4	138	138	NUM
cblr-8481	233	5	.	.	PUNCT
cblr-8481	234	1	in	in	ADP
cblr-8481	234	2	janus	janus	PROPN
cblr-8481	234	3	,	,	PUNCT
cblr-8481	234	4	the	the	DET
cblr-8481	234	5	court	court	NOUN
cblr-8481	234	6	explained	explain	VERB
cblr-8481	234	7	the	the	DET
cblr-8481	234	8	full	full	ADJ
cblr-8481	234	9	relationship	relationship	NOUN
cblr-8481	234	10	in	in	ADP
cblr-8481	234	11	more	more	ADJ
cblr-8481	234	12	detail	detail	NOUN
cblr-8481	234	13	.	.	PUNCT
cblr-8481	235	1	for	for	ADP
cblr-8481	235	2	example	example	NOUN
cblr-8481	235	3	,	,	PUNCT
cblr-8481	235	4	the	the	DET
cblr-8481	235	5	court	court	NOUN
cblr-8481	235	6	noted	note	VERB
cblr-8481	235	7	that	that	SCONJ
cblr-8481	235	8	“	"	PUNCT
cblr-8481	235	9	jcm	jcm	PROPN
cblr-8481	235	10	provides	provide	VERB
cblr-8481	235	11	janus	janus	PROPN
cblr-8481	235	12	investment	investment	NOUN
cblr-8481	235	13	fund	fund	NOUN
cblr-8481	235	14	with	with	ADP
cblr-8481	235	15	investment	investment	NOUN
cblr-8481	235	16	advisory	advisory	ADJ
cblr-8481	235	17	services	service	NOUN
cblr-8481	235	18	,	,	PUNCT
cblr-8481	235	19	which	which	PRON
cblr-8481	235	20	include	include	VERB
cblr-8481	235	21	‘	'	PUNCT
cblr-8481	235	22	the	the	DET
cblr-8481	235	23	management	management	NOUN
cblr-8481	235	24	and	and	CCONJ
cblr-8481	235	25	administrative	administrative	ADJ
cblr-8481	235	26	services	service	NOUN
cblr-8481	235	27	necessary	necessary	ADJ
cblr-8481	235	28	for	for	ADP
cblr-8481	235	29	the	the	DET
cblr-8481	235	30	operation	operation	NOUN
cblr-8481	235	31	of	of	ADP
cblr-8481	235	32	’	'	PUNCT
cblr-8481	235	33	”	"	PUNCT
cblr-8481	235	34	the	the	DET
cblr-8481	235	35	janus	janus	PROPN
cblr-8481	235	36	fund	fund	PROPN
cblr-8481	235	37	.	.	PUNCT
cblr-8481	236	1	i	i	PRON
cblr-8481	236	2	d.	d.	PROPN
cblr-8481	236	3	43	43	NUM
cblr-8481	237	1	i	i	PRON
cblr-8481	237	2	d.	d.	VERB
cblr-8481	237	3	at	at	ADP
cblr-8481	237	4	139–40	139–40	NUM
cblr-8481	237	5	.	.	PUNCT
cblr-8481	238	1	note	note	VERB
cblr-8481	238	2	lieberman	lieberman	PROPN
cblr-8481	238	3	6/13/2021	6/13/2021	NUM
cblr-8481	238	4	8:45	8:45	NUM
cblr-8481	238	5	pm	pm	NOUN
cblr-8481	238	6	364	364	NUM
cblr-8481	238	7	columbia	columbia	PROPN
cblr-8481	238	8	business	business	NOUN
cblr-8481	238	9	law	law	PROPN
cblr-8481	238	10	review	review	NOUN
cblr-8481	239	1	[	[	X
cblr-8481	239	2	vol	vol	NOUN
cblr-8481	239	3	.	.	PUNCT
cblr-8481	239	4	2021	2021	NUM
cblr-8481	239	5	claimed	claim	VERB
cblr-8481	239	6	that	that	SCONJ
cblr-8481	239	7	they	they	PRON
cblr-8481	239	8	were	be	AUX
cblr-8481	239	9	harmed	harm	VERB
cblr-8481	239	10	by	by	ADP
cblr-8481	239	11	an	an	DET
cblr-8481	239	12	“	"	PUNCT
cblr-8481	239	13	untrue	untrue	ADJ
cblr-8481	239	14	statement	statement	NOUN
cblr-8481	239	15	of	of	ADP
cblr-8481	239	16	a	a	DET
cblr-8481	239	17	material	material	ADJ
cblr-8481	239	18	fact	fact	NOUN
cblr-8481	239	19	”	"	PUNCT
cblr-8481	239	20	related	relate	VERB
cblr-8481	239	21	to	to	ADP
cblr-8481	239	22	the	the	DET
cblr-8481	239	23	fund.44	fund.44	NOUN
cblr-8481	239	24	the	the	DET
cblr-8481	239	25	question	question	NOUN
cblr-8481	239	26	became	become	VERB
cblr-8481	239	27	whether	whether	SCONJ
cblr-8481	239	28	or	or	CCONJ
cblr-8481	239	29	not	not	PART
cblr-8481	239	30	jcm	jcm	PROPN
cblr-8481	239	31	could	could	AUX
cblr-8481	239	32	be	be	AUX
cblr-8481	239	33	sued	sue	VERB
cblr-8481	239	34	under	under	ADP
cblr-8481	239	35	rule	rule	NOUN
cblr-8481	239	36	10b-5(b	10b-5(b	NUM
cblr-8481	239	37	)	)	PUNCT
cblr-8481	239	38	based	base	VERB
cblr-8481	239	39	on	on	ADP
cblr-8481	239	40	their	their	PRON
cblr-8481	239	41	participation	participation	NOUN
cblr-8481	239	42	in	in	ADP
cblr-8481	239	43	drafting	draft	VERB
cblr-8481	239	44	the	the	DET
cblr-8481	239	45	prospectuses	prospectus	NOUN
cblr-8481	239	46	issued	issue	VERB
cblr-8481	239	47	by	by	ADP
cblr-8481	239	48	the	the	DET
cblr-8481	239	49	janus	janus	PROPN
cblr-8481	239	50	fund.45	fund.45	PROPN
cblr-8481	239	51	the	the	DET
cblr-8481	239	52	court	court	NOUN
cblr-8481	239	53	ruled	rule	VERB
cblr-8481	239	54	that	that	SCONJ
cblr-8481	239	55	the	the	DET
cblr-8481	239	56	suit	suit	NOUN
cblr-8481	239	57	could	could	AUX
cblr-8481	239	58	not	not	PART
cblr-8481	239	59	be	be	AUX
cblr-8481	239	60	brought	bring	VERB
cblr-8481	239	61	under	under	ADP
cblr-8481	239	62	10b-5(b	10b-5(b	NUM
cblr-8481	239	63	)	)	PUNCT
cblr-8481	239	64	because	because	SCONJ
cblr-8481	239	65	“	"	PUNCT
cblr-8481	239	66	[	[	X
cblr-8481	239	67	t]he	t]he	ADJ
cblr-8481	239	68	statements	statement	NOUN
cblr-8481	239	69	in	in	ADP
cblr-8481	239	70	the	the	DET
cblr-8481	239	71	janus	janus	PROPN
cblr-8481	239	72	.	.	PUNCT
cblr-8481	239	73	.	.	PUNCT
cblr-8481	239	74	.	.	PUNCT
cblr-8481	240	1	fund	fund	NOUN
cblr-8481	240	2	prospectuses	prospectus	NOUN
cblr-8481	240	3	were	be	AUX
cblr-8481	240	4	made	make	VERB
cblr-8481	240	5	by	by	ADP
cblr-8481	240	6	[	[	X
cblr-8481	240	7	the	the	X
cblr-8481	240	8	]	]	X
cblr-8481	240	9	janus	janus	PROPN
cblr-8481	240	10	.	.	PUNCT
cblr-8481	240	11	.	.	PUNCT
cblr-8481	240	12	.	.	PUNCT
cblr-8481	241	1	fund	fund	PROPN
cblr-8481	241	2	.	.	PUNCT
cblr-8481	242	1	”46	”46	VERB
cblr-8481	242	2	in	in	ADP
cblr-8481	242	3	his	his	PRON
cblr-8481	242	4	majority	majority	NOUN
cblr-8481	242	5	opinion	opinion	NOUN
cblr-8481	242	6	,	,	PUNCT
cblr-8481	242	7	justice	justice	PROPN
cblr-8481	242	8	clarence	clarence	PROPN
cblr-8481	242	9	thomas	thomas	PROPN
cblr-8481	242	10	noted	note	VERB
cblr-8481	242	11	that	that	SCONJ
cblr-8481	242	12	“	"	PUNCT
cblr-8481	242	13	[	[	X
cblr-8481	242	14	w]ithout	w]ithout	NOUN
cblr-8481	242	15	control	control	NOUN
cblr-8481	242	16	,	,	PUNCT
cblr-8481	242	17	a	a	DET
cblr-8481	242	18	person	person	NOUN
cblr-8481	242	19	or	or	CCONJ
cblr-8481	242	20	entity	entity	NOUN
cblr-8481	242	21	can	can	AUX
cblr-8481	242	22	merely	merely	ADV
cblr-8481	242	23	suggest	suggest	VERB
cblr-8481	242	24	what	what	PRON
cblr-8481	242	25	to	to	PART
cblr-8481	242	26	say	say	VERB
cblr-8481	242	27	,	,	PUNCT
cblr-8481	242	28	not	not	PART
cblr-8481	242	29	‘	'	PUNCT
cblr-8481	242	30	make	make	VERB
cblr-8481	242	31	’	'	PUNCT
cblr-8481	242	32	a	a	DET
cblr-8481	242	33	statement	statement	NOUN
cblr-8481	242	34	in	in	ADP
cblr-8481	242	35	its	its	PRON
cblr-8481	242	36	own	own	ADJ
cblr-8481	242	37	right	right	NOUN
cblr-8481	242	38	.	.	PUNCT
cblr-8481	243	1	one	one	NUM
cblr-8481	243	2	who	who	PRON
cblr-8481	243	3	prepares	prepare	VERB
cblr-8481	243	4	or	or	CCONJ
cblr-8481	243	5	publishes	publish	VERB
cblr-8481	243	6	a	a	DET
cblr-8481	243	7	statement	statement	NOUN
cblr-8481	243	8	on	on	ADP
cblr-8481	243	9	behalf	behalf	NOUN
cblr-8481	243	10	of	of	ADP
cblr-8481	243	11	another	another	PRON
cblr-8481	243	12	is	be	AUX
cblr-8481	243	13	not	not	PART
cblr-8481	243	14	its	its	PRON
cblr-8481	243	15	maker	maker	NOUN
cblr-8481	243	16	.	.	PUNCT
cblr-8481	244	1	”47	”47	PROPN
cblr-8481	244	2	he	he	PRON
cblr-8481	244	3	also	also	ADV
cblr-8481	244	4	spoke	speak	VERB
cblr-8481	244	5	to	to	ADP
cblr-8481	244	6	the	the	DET
cblr-8481	244	7	issue	issue	NOUN
cblr-8481	244	8	of	of	ADP
cblr-8481	244	9	attribution	attribution	NOUN
cblr-8481	244	10	,	,	PUNCT
cblr-8481	244	11	stating	state	VERB
cblr-8481	244	12	that	that	SCONJ
cblr-8481	244	13	“	"	PUNCT
cblr-8481	244	14	attribution	attribution	NOUN
cblr-8481	244	15	within	within	ADP
cblr-8481	244	16	a	a	DET
cblr-8481	244	17	statement	statement	NOUN
cblr-8481	244	18	or	or	CCONJ
cblr-8481	244	19	implicit	implicit	ADJ
cblr-8481	244	20	from	from	ADP
cblr-8481	244	21	surrounding	surround	VERB
cblr-8481	244	22	circumstances	circumstance	NOUN
cblr-8481	244	23	is	be	AUX
cblr-8481	244	24	strong	strong	ADJ
cblr-8481	244	25	evidence	evidence	NOUN
cblr-8481	244	26	that	that	SCONJ
cblr-8481	244	27	a	a	DET
cblr-8481	244	28	statement	statement	NOUN
cblr-8481	244	29	was	be	AUX
cblr-8481	244	30	made	make	VERB
cblr-8481	244	31	by	by	ADP
cblr-8481	244	32	—	—	PUNCT
cblr-8481	244	33	and	and	CCONJ
cblr-8481	244	34	only	only	ADV
cblr-8481	244	35	by	by	ADP
cblr-8481	244	36	—	—	PUNCT
cblr-8481	244	37	the	the	DET
cblr-8481	244	38	party	party	NOUN
cblr-8481	244	39	to	to	PART
cblr-8481	244	40	whom	whom	PRON
cblr-8481	244	41	it	it	PRON
cblr-8481	244	42	is	be	AUX
cblr-8481	244	43	attributed	attribute	VERB
cblr-8481	244	44	.	.	PUNCT
cblr-8481	245	1	”48	”48	PROPN
cblr-8481	245	2	he	he	PRON
cblr-8481	245	3	went	go	VERB
cblr-8481	245	4	on	on	ADP
cblr-8481	245	5	to	to	PART
cblr-8481	245	6	use	use	VERB
cblr-8481	245	7	an	an	DET
cblr-8481	245	8	analogy	analogy	NOUN
cblr-8481	245	9	to	to	ADP
cblr-8481	245	10	speechwriting	speechwrite	VERB
cblr-8481	245	11	,	,	PUNCT
cblr-8481	245	12	asserting	assert	VERB
cblr-8481	245	13	that	that	SCONJ
cblr-8481	245	14	“	"	PUNCT
cblr-8481	245	15	[	[	X
cblr-8481	245	16	e]ven	e]ven	ADJ
cblr-8481	245	17	when	when	SCONJ
cblr-8481	245	18	a	a	DET
cblr-8481	245	19	speechwriter	speechwriter	NOUN
cblr-8481	245	20	drafts	draft	VERB
cblr-8481	245	21	a	a	DET
cblr-8481	245	22	speech	speech	NOUN
cblr-8481	245	23	,	,	PUNCT
cblr-8481	245	24	the	the	DET
cblr-8481	245	25	content	content	NOUN
cblr-8481	245	26	is	be	AUX
cblr-8481	245	27	entirely	entirely	ADV
cblr-8481	245	28	within	within	ADP
cblr-8481	245	29	the	the	DET
cblr-8481	245	30	control	control	NOUN
cblr-8481	245	31	of	of	ADP
cblr-8481	245	32	the	the	DET
cblr-8481	245	33	person	person	NOUN
cblr-8481	245	34	who	who	PRON
cblr-8481	245	35	delivers	deliver	VERB
cblr-8481	245	36	it	it	PRON
cblr-8481	245	37	.	.	PUNCT
cblr-8481	246	1	and	and	CCONJ
cblr-8481	246	2	it	it	PRON
cblr-8481	246	3	is	be	AUX
cblr-8481	246	4	the	the	DET
cblr-8481	246	5	speaker	speaker	NOUN
cblr-8481	246	6	who	who	PRON
cblr-8481	246	7	takes	take	VERB
cblr-8481	246	8	credit	credit	NOUN
cblr-8481	246	9	—	—	PUNCT
cblr-8481	246	10	or	or	CCONJ
cblr-8481	246	11	blame	blame	NOUN
cblr-8481	246	12	—	—	PUNCT
cblr-8481	246	13	for	for	ADP
cblr-8481	246	14	what	what	PRON
cblr-8481	246	15	is	be	AUX
cblr-8481	246	16	ultimately	ultimately	ADV
cblr-8481	246	17	said	say	VERB
cblr-8481	246	18	.	.	PUNCT
cblr-8481	247	1	”49	”49	PROPN
cblr-8481	247	2	justice	justice	PROPN
cblr-8481	247	3	thomas	thomas	PROPN
cblr-8481	247	4	also	also	ADV
cblr-8481	247	5	invoked	invoke	VERB
cblr-8481	247	6	central	central	ADJ
cblr-8481	247	7	bank	bank	NOUN
cblr-8481	247	8	,	,	PUNCT
cblr-8481	247	9	writing	write	VERB
cblr-8481	247	10	,	,	PUNCT
cblr-8481	247	11	[	[	X
cblr-8481	247	12	a	a	X
cblr-8481	247	13	]	]	X
cblr-8481	247	14	broader	broad	ADJ
cblr-8481	247	15	reading	reading	NOUN
cblr-8481	247	16	of	of	ADP
cblr-8481	247	17	‘	'	PUNCT
cblr-8481	247	18	make	make	VERB
cblr-8481	247	19	,	,	PUNCT
cblr-8481	247	20	’	'	PUNCT
cblr-8481	247	21	including	include	VERB
cblr-8481	247	22	persons	person	NOUN
cblr-8481	247	23	or	or	CCONJ
cblr-8481	247	24	entities	entity	NOUN
cblr-8481	247	25	without	without	ADP
cblr-8481	247	26	ultimate	ultimate	ADJ
cblr-8481	247	27	control	control	NOUN
cblr-8481	247	28	over	over	ADP
cblr-8481	247	29	the	the	DET
cblr-8481	247	30	content	content	NOUN
cblr-8481	247	31	of	of	ADP
cblr-8481	247	32	a	a	DET
cblr-8481	247	33	statement	statement	NOUN
cblr-8481	247	34	,	,	PUNCT
cblr-8481	247	35	would	would	AUX
cblr-8481	247	36	substantially	substantially	ADV
cblr-8481	247	37	undermine	undermine	VERB
cblr-8481	247	38	central	central	ADJ
cblr-8481	247	39	bank	bank	NOUN
cblr-8481	247	40	.	.	PUNCT
cblr-8481	248	1	if	if	SCONJ
cblr-8481	248	2	persons	person	NOUN
cblr-8481	248	3	or	or	CCONJ
cblr-8481	248	4	entities	entity	NOUN
cblr-8481	248	5	without	without	ADP
cblr-8481	248	6	control	control	NOUN
cblr-8481	248	7	over	over	ADP
cblr-8481	248	8	the	the	DET
cblr-8481	248	9	content	content	NOUN
cblr-8481	248	10	of	of	ADP
cblr-8481	248	11	a	a	DET
cblr-8481	248	12	statement	statement	NOUN
cblr-8481	248	13	could	could	AUX
cblr-8481	248	14	be	be	AUX
cblr-8481	248	15	considered	consider	VERB
cblr-8481	248	16	primary	primary	ADJ
cblr-8481	248	17	violators	violator	NOUN
cblr-8481	248	18	who	who	PRON
cblr-8481	248	19	‘	'	PUNCT
cblr-8481	248	20	made	make	VERB
cblr-8481	248	21	’	'	PUNCT
cblr-8481	248	22	the	the	DET
cblr-8481	248	23	statement	statement	NOUN
cblr-8481	248	24	,	,	PUNCT
cblr-8481	248	25	then	then	ADV
cblr-8481	248	26	aiders	aider	NOUN
cblr-8481	248	27	and	and	CCONJ
cblr-8481	248	28	abettors	abettor	NOUN
cblr-8481	248	29	would	would	AUX
cblr-8481	248	30	be	be	AUX
cblr-8481	248	31	almost	almost	ADV
cblr-8481	248	32	nonexistent.50	nonexistent.50	ADJ
cblr-8481	248	33	overall	overall	ADJ
cblr-8481	248	34	,	,	PUNCT
cblr-8481	248	35	the	the	DET
cblr-8481	248	36	decision	decision	NOUN
cblr-8481	248	37	meant	mean	VERB
cblr-8481	248	38	that	that	SCONJ
cblr-8481	248	39	if	if	SCONJ
cblr-8481	248	40	someone	someone	PRON
cblr-8481	248	41	without	without	ADP
cblr-8481	248	42	“	"	PUNCT
cblr-8481	248	43	ultimate	ultimate	ADJ
cblr-8481	248	44	authority	authority	NOUN
cblr-8481	248	45	”	"	PUNCT
cblr-8481	248	46	participated	participate	VERB
cblr-8481	248	47	in	in	ADP
cblr-8481	248	48	the	the	DET
cblr-8481	248	49	creation	creation	NOUN
cblr-8481	248	50	of	of	ADP
cblr-8481	248	51	a	a	DET
cblr-8481	248	52	false	false	ADJ
cblr-8481	248	53	44	44	NUM
cblr-8481	248	54	i	i	PRON
cblr-8481	248	55	d.	d.	PROPN
cblr-8481	248	56	at	at	ADP
cblr-8481	248	57	137–38	137–38	PROPN
cblr-8481	248	58	(	(	PUNCT
cblr-8481	248	59	quoting	quote	VERB
cblr-8481	248	60	17	17	NUM
cblr-8481	248	61	c.f.r	c.f.r	NOUN
cblr-8481	248	62	.	.	PUNCT
cblr-8481	249	1	§	§	PROPN
cblr-8481	249	2	240.10b-5(b	240.10b-5(b	NUM
cblr-8481	249	3	)	)	PUNCT
cblr-8481	249	4	(	(	PUNCT
cblr-8481	249	5	2010	2010	NUM
cblr-8481	249	6	)	)	PUNCT
cblr-8481	249	7	)	)	PUNCT
cblr-8481	249	8	.	.	PUNCT
cblr-8481	250	1	45	45	NUM
cblr-8481	251	1	i	i	PRON
cblr-8481	251	2	d.	d.	PROPN
cblr-8481	251	3	46	46	NUM
cblr-8481	252	1	i	i	PRON
cblr-8481	252	2	d.	d.	PROPN
cblr-8481	252	3	at	at	ADP
cblr-8481	252	4	148	148	NUM
cblr-8481	252	5	.	.	PUNCT
cblr-8481	253	1	47	47	NUM
cblr-8481	254	1	i	i	PRON
cblr-8481	254	2	d.	d.	PROPN
cblr-8481	254	3	at	at	ADP
cblr-8481	254	4	142	142	NUM
cblr-8481	254	5	.	.	PUNCT
cblr-8481	255	1	48	48	NUM
cblr-8481	256	1	i	i	PRON
cblr-8481	256	2	d.	d.	PROPN
cblr-8481	256	3	at	at	ADP
cblr-8481	256	4	142–43	142–43	PROPN
cblr-8481	256	5	.	.	PROPN
cblr-8481	257	1	49	49	NUM
cblr-8481	258	1	i	i	PRON
cblr-8481	258	2	d.	d.	PROPN
cblr-8481	258	3	at	at	ADP
cblr-8481	258	4	143	143	NUM
cblr-8481	258	5	.	.	PUNCT
cblr-8481	259	1	50	50	NUM
cblr-8481	260	1	i	i	PRON
cblr-8481	260	2	d.	d.	VERB
cblr-8481	260	3	for	for	ADP
cblr-8481	260	4	a	a	DET
cblr-8481	260	5	discussion	discussion	NOUN
cblr-8481	260	6	of	of	ADP
cblr-8481	260	7	central	central	ADJ
cblr-8481	260	8	bank	bank	NOUN
cblr-8481	260	9	,	,	PUNCT
cblr-8481	260	10	see	see	VERB
cblr-8481	260	11	supra	supra	ADJ
cblr-8481	260	12	text	text	NOUN
cblr-8481	260	13	accompanying	accompany	VERB
cblr-8481	260	14	notes	note	NOUN
cblr-8481	260	15	28–30	28–30	PROPN
cblr-8481	260	16	.	.	PUNCT
cblr-8481	261	1	note	note	NOUN
cblr-8481	261	2	–	–	PUNCT
cblr-8481	261	3	lieberman	lieberman	PROPN
cblr-8481	262	1	6/13/2021	6/13/2021	NUM
cblr-8481	262	2	8:45	8:45	NUM
cblr-8481	262	3	pm	pm	NOUN
cblr-8481	262	4	no	no	INTJ
cblr-8481	262	5	.	.	PUNCT
cblr-8481	263	1	1:352	1:352	NUM
cblr-8481	263	2	]	]	X
cblr-8481	263	3	lorenzo	lorenzo	PROPN
cblr-8481	263	4	v.	v.	ADP
cblr-8481	263	5	sec	sec	PROPN
cblr-8481	263	6	and	and	CCONJ
cblr-8481	263	7	the	the	DET
cblr-8481	263	8	expansion	expansion	NOUN
cblr-8481	263	9	of	of	ADP
cblr-8481	263	10	scheme	scheme	NOUN
cblr-8481	263	11	liability	liability	NOUN
cblr-8481	263	12	365	365	NUM
cblr-8481	263	13	statement	statement	NOUN
cblr-8481	263	14	,	,	PUNCT
cblr-8481	263	15	then	then	ADV
cblr-8481	263	16	they	they	PRON
cblr-8481	263	17	would	would	AUX
cblr-8481	263	18	be	be	AUX
cblr-8481	263	19	outside	outside	ADP
cblr-8481	263	20	the	the	DET
cblr-8481	263	21	scope	scope	NOUN
cblr-8481	263	22	of	of	ADP
cblr-8481	263	23	primary	primary	ADJ
cblr-8481	263	24	liability	liability	NOUN
cblr-8481	263	25	under	under	ADP
cblr-8481	263	26	10b-5(b	10b-5(b	NUM
cblr-8481	263	27	)	)	PUNCT
cblr-8481	263	28	and	and	CCONJ
cblr-8481	263	29	off	off	ADP
cblr-8481	263	30	-	-	PUNCT
cblr-8481	263	31	limits	limit	NOUN
cblr-8481	263	32	as	as	ADP
cblr-8481	263	33	defendants	defendant	NOUN
cblr-8481	263	34	in	in	ADP
cblr-8481	263	35	private	private	ADJ
cblr-8481	263	36	suits	suit	NOUN
cblr-8481	263	37	.	.	PUNCT
cblr-8481	264	1	justice	justice	PROPN
cblr-8481	264	2	stephen	stephen	PROPN
cblr-8481	264	3	breyer	breyer	PROPN
cblr-8481	264	4	’s	’s	PART
cblr-8481	264	5	dissent	dissent	NOUN
cblr-8481	264	6	took	take	VERB
cblr-8481	264	7	a	a	DET
cblr-8481	264	8	different	different	ADJ
cblr-8481	264	9	approach	approach	NOUN
cblr-8481	264	10	,	,	PUNCT
cblr-8481	264	11	arguing	argue	VERB
cblr-8481	264	12	that	that	SCONJ
cblr-8481	264	13	“	"	PUNCT
cblr-8481	264	14	[	[	X
cblr-8481	264	15	n]either	n]either	ADP
cblr-8481	264	16	common	common	ADJ
cblr-8481	264	17	english	english	NOUN
cblr-8481	264	18	nor	nor	CCONJ
cblr-8481	264	19	this	this	DET
cblr-8481	264	20	court	court	NOUN
cblr-8481	264	21	’s	’s	PART
cblr-8481	264	22	earlier	early	ADJ
cblr-8481	264	23	cases	case	NOUN
cblr-8481	264	24	limit	limit	VERB
cblr-8481	264	25	the	the	DET
cblr-8481	264	26	scope	scope	NOUN
cblr-8481	264	27	of	of	ADP
cblr-8481	264	28	[	[	PUNCT
cblr-8481	264	29	the	the	DET
cblr-8481	264	30	word	word	NOUN
cblr-8481	264	31	‘	'	PUNCT
cblr-8481	264	32	make	make	VERB
cblr-8481	264	33	’	'	PUNCT
cblr-8481	264	34	]	]	PUNCT
cblr-8481	264	35	to	to	ADP
cblr-8481	264	36	those	those	PRON
cblr-8481	264	37	with	with	ADP
cblr-8481	264	38	‘	'	PUNCT
cblr-8481	264	39	ultimate	ultimate	ADJ
cblr-8481	264	40	authority	authority	NOUN
cblr-8481	264	41	’	'	PUNCT
cblr-8481	264	42	over	over	ADP
cblr-8481	264	43	a	a	DET
cblr-8481	264	44	statement	statement	NOUN
cblr-8481	264	45	’s	’s	PART
cblr-8481	264	46	content	content	NOUN
cblr-8481	264	47	.	.	PUNCT
cblr-8481	265	1	”51	”51	PROPN
cblr-8481	265	2	beyond	beyond	ADP
cblr-8481	265	3	repudiating	repudiate	VERB
cblr-8481	265	4	justice	justice	PROPN
cblr-8481	265	5	thomas	thomas	PROPN
cblr-8481	265	6	’s	’s	PART
cblr-8481	265	7	textual	textual	ADJ
cblr-8481	265	8	analysis	analysis	NOUN
cblr-8481	265	9	,	,	PUNCT
cblr-8481	265	10	justice	justice	NOUN
cblr-8481	265	11	breyer	breyer	NOUN
cblr-8481	265	12	criticized	criticize	VERB
cblr-8481	265	13	justice	justice	PROPN
cblr-8481	265	14	thomas	thomas	PROPN
cblr-8481	265	15	’s	’s	PART
cblr-8481	265	16	invocation	invocation	NOUN
cblr-8481	265	17	of	of	ADP
cblr-8481	265	18	central	central	ADJ
cblr-8481	265	19	bank	bank	NOUN
cblr-8481	265	20	,	,	PUNCT
cblr-8481	265	21	claiming	claim	VERB
cblr-8481	265	22	that	that	SCONJ
cblr-8481	265	23	“	"	PUNCT
cblr-8481	265	24	the	the	DET
cblr-8481	265	25	present	present	ADJ
cblr-8481	265	26	case	case	NOUN
cblr-8481	265	27	is	be	AUX
cblr-8481	265	28	about	about	ADP
cblr-8481	265	29	primary	primary	ADJ
cblr-8481	265	30	liability	liability	NOUN
cblr-8481	265	31	—	—	PUNCT
cblr-8481	265	32	about	about	ADP
cblr-8481	265	33	individuals	individual	NOUN
cblr-8481	265	34	who	who	PRON
cblr-8481	265	35	allegedly	allegedly	ADV
cblr-8481	265	36	themselves	themselves	PRON
cblr-8481	265	37	‘	'	PUNCT
cblr-8481	265	38	make	make	VERB
cblr-8481	265	39	’	'	PUNCT
cblr-8481	265	40	materially	materially	ADV
cblr-8481	265	41	false	false	ADJ
cblr-8481	265	42	statements	statement	NOUN
cblr-8481	265	43	,	,	PUNCT
cblr-8481	265	44	not	not	PART
cblr-8481	265	45	about	about	ADP
cblr-8481	265	46	those	those	PRON
cblr-8481	265	47	who	who	PRON
cblr-8481	265	48	help	help	VERB
cblr-8481	265	49	others	other	NOUN
cblr-8481	265	50	to	to	PART
cblr-8481	265	51	do	do	VERB
cblr-8481	265	52	so	so	ADV
cblr-8481	265	53	.	.	PUNCT
cblr-8481	266	1	”52	”52	PROPN
cblr-8481	266	2	justice	justice	NOUN
cblr-8481	266	3	breyer	breyer	NOUN
cblr-8481	266	4	also	also	ADV
cblr-8481	266	5	noted	note	VERB
cblr-8481	266	6	the	the	DET
cblr-8481	266	7	impact	impact	NOUN
cblr-8481	266	8	the	the	DET
cblr-8481	266	9	court	court	NOUN
cblr-8481	266	10	’s	’s	PART
cblr-8481	266	11	decision	decision	NOUN
cblr-8481	266	12	could	could	AUX
cblr-8481	266	13	have	have	VERB
cblr-8481	266	14	on	on	ADP
cblr-8481	266	15	sec	sec	PROPN
cblr-8481	266	16	enforcement	enforcement	NOUN
cblr-8481	266	17	actions	action	NOUN
cblr-8481	266	18	under	under	ADP
cblr-8481	266	19	rule	rule	NOUN
cblr-8481	266	20	10b-5	10b-5	NUM
cblr-8481	266	21	:	:	PUNCT
cblr-8481	266	22	because	because	SCONJ
cblr-8481	266	23	aiding	aid	VERB
cblr-8481	266	24	and	and	CCONJ
cblr-8481	266	25	abetting	abet	VERB
cblr-8481	266	26	liability	liability	NOUN
cblr-8481	266	27	requires	require	VERB
cblr-8481	266	28	there	there	ADV
cblr-8481	266	29	to	to	PART
cblr-8481	266	30	be	be	AUX
cblr-8481	266	31	a	a	DET
cblr-8481	266	32	primary	primary	ADJ
cblr-8481	266	33	actor	actor	NOUN
cblr-8481	266	34	who	who	PRON
cblr-8481	266	35	can	can	AUX
cblr-8481	266	36	be	be	AUX
cblr-8481	266	37	held	hold	VERB
cblr-8481	266	38	liable	liable	ADJ
cblr-8481	266	39	,	,	PUNCT
cblr-8481	266	40	and	and	CCONJ
cblr-8481	266	41	because	because	SCONJ
cblr-8481	266	42	in	in	ADP
cblr-8481	266	43	this	this	DET
cblr-8481	266	44	case	case	NOUN
cblr-8481	266	45	“	"	PUNCT
cblr-8481	266	46	the	the	DET
cblr-8481	266	47	managers	manager	NOUN
cblr-8481	266	48	,	,	PUNCT
cblr-8481	266	49	not	not	PART
cblr-8481	266	50	having	have	VERB
cblr-8481	266	51	‘	'	PUNCT
cblr-8481	266	52	ma[d]e	ma[d]e	NOUN
cblr-8481	266	53	’	'	PUNCT
cblr-8481	266	54	the	the	DET
cblr-8481	266	55	statement	statement	NOUN
cblr-8481	266	56	,	,	PUNCT
cblr-8481	266	57	would	would	AUX
cblr-8481	266	58	not	not	PART
cblr-8481	266	59	be	be	AUX
cblr-8481	266	60	liable	liable	ADJ
cblr-8481	266	61	as	as	ADP
cblr-8481	266	62	principals	principal	NOUN
cblr-8481	266	63	.	.	PUNCT
cblr-8481	266	64	.	.	PUNCT
cblr-8481	266	65	.	.	PUNCT
cblr-8481	267	1	[	[	X
cblr-8481	267	2	,	,	PUNCT
cblr-8481	267	3	]	]	PUNCT
cblr-8481	267	4	there	there	PRON
cblr-8481	267	5	would	would	AUX
cblr-8481	267	6	be	be	AUX
cblr-8481	267	7	no	no	DET
cblr-8481	267	8	other	other	ADJ
cblr-8481	267	9	primary	primary	ADJ
cblr-8481	267	10	violator	violator	NOUN
cblr-8481	267	11	they	they	PRON
cblr-8481	267	12	might	might	AUX
cblr-8481	267	13	have	have	AUX
cblr-8481	267	14	tried	try	VERB
cblr-8481	267	15	to	to	PART
cblr-8481	267	16	‘	'	PUNCT
cblr-8481	267	17	aid	aid	NOUN
cblr-8481	267	18	’	'	PUNCT
cblr-8481	267	19	or	or	CCONJ
cblr-8481	267	20	‘	'	PUNCT
cblr-8481	267	21	abet	abet	PROPN
cblr-8481	267	22	.	.	PUNCT
cblr-8481	267	23	’”53	’”53	PUNCT
cblr-8481	268	1	overall	overall	ADV
cblr-8481	268	2	,	,	PUNCT
cblr-8481	268	3	justice	justice	NOUN
cblr-8481	268	4	breyer	breyer	NOUN
cblr-8481	268	5	felt	feel	VERB
cblr-8481	268	6	that	that	SCONJ
cblr-8481	268	7	the	the	DET
cblr-8481	268	8	court	court	NOUN
cblr-8481	268	9	had	have	AUX
cblr-8481	268	10	gone	go	VERB
cblr-8481	268	11	too	too	ADV
cblr-8481	268	12	far	far	ADV
cblr-8481	268	13	adrift	adrift	ADJ
cblr-8481	268	14	by	by	ADP
cblr-8481	268	15	setting	set	VERB
cblr-8481	268	16	such	such	DET
cblr-8481	268	17	a	a	DET
cblr-8481	268	18	limited	limited	ADJ
cblr-8481	268	19	definition	definition	NOUN
cblr-8481	268	20	of	of	ADP
cblr-8481	268	21	what	what	PRON
cblr-8481	268	22	constitutes	constitute	VERB
cblr-8481	268	23	being	be	AUX
cblr-8481	268	24	the	the	DET
cblr-8481	268	25	“	"	PUNCT
cblr-8481	268	26	maker	maker	NOUN
cblr-8481	268	27	”	"	PUNCT
cblr-8481	268	28	of	of	ADP
cblr-8481	268	29	a	a	DET
cblr-8481	268	30	statement	statement	NOUN
cblr-8481	268	31	and	and	CCONJ
cblr-8481	268	32	thereby	thereby	ADV
cblr-8481	268	33	placing	place	VERB
cblr-8481	268	34	participants	participant	NOUN
cblr-8481	268	35	in	in	ADP
cblr-8481	268	36	the	the	DET
cblr-8481	268	37	crafting	crafting	NOUN
cblr-8481	268	38	of	of	ADP
cblr-8481	268	39	false	false	ADJ
cblr-8481	268	40	statements	statement	NOUN
cblr-8481	268	41	outside	outside	ADP
cblr-8481	268	42	the	the	DET
cblr-8481	268	43	ambit	ambit	NOUN
cblr-8481	268	44	of	of	ADP
cblr-8481	268	45	primary	primary	ADJ
cblr-8481	268	46	liability.54	liability.54	PROPN
cblr-8481	268	47	51	51	NUM
cblr-8481	268	48	janus	janus	PROPN
cblr-8481	268	49	,	,	PUNCT
cblr-8481	269	1	564	564	NUM
cblr-8481	269	2	u.s	u.s	PROPN
cblr-8481	269	3	.	.	PROPN
cblr-8481	269	4	at	at	ADP
cblr-8481	269	5	149–50	149–50	NUM
cblr-8481	269	6	(	(	PUNCT
cblr-8481	269	7	breyer	breyer	NOUN
cblr-8481	269	8	,	,	PUNCT
cblr-8481	269	9	j.	j.	PROPN
cblr-8481	269	10	,	,	PUNCT
cblr-8481	269	11	dissenting	dissent	VERB
cblr-8481	269	12	)	)	PUNCT
cblr-8481	269	13	.	.	PUNCT
cblr-8481	270	1	rather	rather	ADV
cblr-8481	270	2	,	,	PUNCT
cblr-8481	270	3	justice	justice	NOUN
cblr-8481	270	4	breyer	breyer	NOUN
cblr-8481	270	5	claimed	claim	VERB
cblr-8481	270	6	that	that	SCONJ
cblr-8481	270	7	“	"	PUNCT
cblr-8481	270	8	both	both	PRON
cblr-8481	270	9	language	language	NOUN
cblr-8481	270	10	and	and	CCONJ
cblr-8481	270	11	case	case	NOUN
cblr-8481	270	12	law	law	NOUN
cblr-8481	270	13	indicate	indicate	VERB
cblr-8481	270	14	that	that	SCONJ
cblr-8481	270	15	,	,	PUNCT
cblr-8481	270	16	depending	depend	VERB
cblr-8481	270	17	upon	upon	SCONJ
cblr-8481	270	18	the	the	DET
cblr-8481	270	19	circumstances	circumstance	NOUN
cblr-8481	270	20	,	,	PUNCT
cblr-8481	270	21	a	a	DET
cblr-8481	270	22	management	management	NOUN
cblr-8481	270	23	company	company	NOUN
cblr-8481	270	24	,	,	PUNCT
cblr-8481	270	25	a	a	DET
cblr-8481	270	26	board	board	NOUN
cblr-8481	270	27	of	of	ADP
cblr-8481	270	28	trustees	trustee	NOUN
cblr-8481	270	29	,	,	PUNCT
cblr-8481	270	30	individual	individual	ADJ
cblr-8481	270	31	company	company	NOUN
cblr-8481	270	32	officers	officer	NOUN
cblr-8481	270	33	,	,	PUNCT
cblr-8481	270	34	or	or	CCONJ
cblr-8481	270	35	others	other	NOUN
cblr-8481	270	36	,	,	PUNCT
cblr-8481	270	37	separately	separately	ADV
cblr-8481	270	38	or	or	CCONJ
cblr-8481	270	39	together	together	ADV
cblr-8481	270	40	,	,	PUNCT
cblr-8481	270	41	might	might	AUX
cblr-8481	270	42	‘	'	PUNCT
cblr-8481	270	43	make	make	VERB
cblr-8481	270	44	’	'	PUNCT
cblr-8481	270	45	statements	statement	NOUN
cblr-8481	270	46	contained	contain	VERB
cblr-8481	270	47	in	in	ADP
cblr-8481	270	48	a	a	DET
cblr-8481	270	49	firm	firm	NOUN
cblr-8481	270	50	’s	’s	PART
cblr-8481	270	51	prospectus	prospectus	NOUN
cblr-8481	270	52	—	—	PUNCT
cblr-8481	270	53	even	even	ADV
cblr-8481	270	54	if	if	SCONJ
cblr-8481	270	55	a	a	DET
cblr-8481	270	56	board	board	NOUN
cblr-8481	270	57	of	of	ADP
cblr-8481	270	58	directors	director	NOUN
cblr-8481	270	59	has	have	VERB
cblr-8481	270	60	ultimate	ultimate	ADJ
cblr-8481	270	61	content	content	NOUN
cblr-8481	270	62	-	-	PUNCT
cblr-8481	270	63	related	relate	VERB
cblr-8481	270	64	responsibility	responsibility	NOUN
cblr-8481	270	65	.	.	PUNCT
cblr-8481	270	66	”	"	PUNCT
cblr-8481	271	1	i	i	PRON
cblr-8481	271	2	d.	d.	VERB
cblr-8481	271	3	at	at	ADP
cblr-8481	271	4	150	150	NUM
cblr-8481	271	5	.	.	PUNCT
cblr-8481	272	1	52	52	NUM
cblr-8481	273	1	i	i	PRON
cblr-8481	273	2	d.	d.	PROPN
cblr-8481	273	3	at	at	ADP
cblr-8481	273	4	153	153	NUM
cblr-8481	273	5	.	.	PUNCT
cblr-8481	274	1	he	he	PRON
cblr-8481	274	2	specifically	specifically	ADV
cblr-8481	274	3	noted	note	VERB
cblr-8481	274	4	that	that	SCONJ
cblr-8481	274	5	[	[	X
cblr-8481	274	6	t]he	t]he	ADJ
cblr-8481	274	7	central	central	ADJ
cblr-8481	274	8	bank	bank	NOUN
cblr-8481	274	9	defendant	defendant	NOUN
cblr-8481	274	10	concededly	concededly	ADV
cblr-8481	274	11	did	do	AUX
cblr-8481	274	12	not	not	PART
cblr-8481	274	13	make	make	VERB
cblr-8481	274	14	the	the	DET
cblr-8481	274	15	false	false	ADJ
cblr-8481	274	16	statements	statement	NOUN
cblr-8481	274	17	in	in	ADP
cblr-8481	274	18	question	question	NOUN
cblr-8481	274	19	(	(	PUNCT
cblr-8481	274	20	others	other	NOUN
cblr-8481	274	21	did	do	AUX
cblr-8481	274	22	)	)	PUNCT
cblr-8481	274	23	,	,	PUNCT
cblr-8481	274	24	while	while	SCONJ
cblr-8481	274	25	here	here	ADV
cblr-8481	274	26	the	the	DET
cblr-8481	274	27	defendants	defendant	NOUN
cblr-8481	274	28	allegedly	allegedly	ADV
cblr-8481	274	29	did	do	AUX
cblr-8481	274	30	make	make	VERB
cblr-8481	274	31	those	those	DET
cblr-8481	274	32	statements	statement	NOUN
cblr-8481	274	33	.	.	PUNCT
cblr-8481	275	1	and	and	CCONJ
cblr-8481	275	2	a	a	DET
cblr-8481	275	3	rule	rule	NOUN
cblr-8481	275	4	(	(	PUNCT
cblr-8481	275	5	the	the	DET
cblr-8481	275	6	majority	majority	NOUN
cblr-8481	275	7	’s	’s	PART
cblr-8481	275	8	rule	rule	NOUN
cblr-8481	275	9	)	)	PUNCT
cblr-8481	275	10	absolving	absolve	VERB
cblr-8481	275	11	those	those	PRON
cblr-8481	275	12	who	who	PRON
cblr-8481	275	13	allegedly	allegedly	ADV
cblr-8481	275	14	did	do	AUX
cblr-8481	275	15	make	make	VERB
cblr-8481	275	16	false	false	ADJ
cblr-8481	275	17	statements	statement	NOUN
cblr-8481	275	18	does	do	AUX
cblr-8481	275	19	not	not	PART
cblr-8481	275	20	“	"	PUNCT
cblr-8481	275	21	follow	follow	VERB
cblr-8481	275	22	from	from	ADP
cblr-8481	275	23	”	"	PUNCT
cblr-8481	275	24	a	a	DET
cblr-8481	275	25	rule	rule	NOUN
cblr-8481	275	26	(	(	PUNCT
cblr-8481	275	27	central	central	ADJ
cblr-8481	275	28	bank	bank	NOUN
cblr-8481	275	29	’s	’s	PART
cblr-8481	275	30	rule	rule	NOUN
cblr-8481	275	31	)	)	PUNCT
cblr-8481	275	32	absolving	absolve	VERB
cblr-8481	275	33	those	those	PRON
cblr-8481	275	34	who	who	PRON
cblr-8481	275	35	concededly	concededly	ADV
cblr-8481	275	36	did	do	AUX
cblr-8481	275	37	not	not	PART
cblr-8481	275	38	do	do	VERB
cblr-8481	275	39	so	so	ADV
cblr-8481	275	40	.	.	PUNCT
cblr-8481	276	1	i	i	PRON
cblr-8481	276	2	d.	d.	PROPN
cblr-8481	276	3	53	53	NUM
cblr-8481	277	1	i	i	PRON
cblr-8481	277	2	d.	d.	PROPN
cblr-8481	277	3	at	at	ADP
cblr-8481	277	4	157	157	NUM
cblr-8481	277	5	(	(	PUNCT
cblr-8481	277	6	first	first	ADJ
cblr-8481	277	7	alteration	alteration	NOUN
cblr-8481	277	8	in	in	ADP
cblr-8481	277	9	original	original	ADJ
cblr-8481	277	10	)	)	PUNCT
cblr-8481	277	11	.	.	PUNCT
cblr-8481	278	1	54	54	NUM
cblr-8481	278	2	see	see	VERB
cblr-8481	278	3	i	i	PRON
cblr-8481	278	4	d.	d.	PROPN
cblr-8481	278	5	at	at	ADP
cblr-8481	278	6	160–61	160–61	NUM
cblr-8481	278	7	.	.	PUNCT
cblr-8481	279	1	note	note	VERB
cblr-8481	279	2	lieberman	lieberman	PROPN
cblr-8481	279	3	6/13/2021	6/13/2021	NUM
cblr-8481	279	4	8:45	8:45	NUM
cblr-8481	279	5	pm	pm	NOUN
cblr-8481	279	6	366	366	NUM
cblr-8481	279	7	columbia	columbia	PROPN
cblr-8481	279	8	business	business	NOUN
cblr-8481	279	9	law	law	NOUN
cblr-8481	279	10	review	review	NOUN
cblr-8481	279	11	[	[	X
cblr-8481	279	12	vol	vol	NOUN
cblr-8481	279	13	.	.	PUNCT
cblr-8481	279	14	2021	2021	NUM
cblr-8481	280	1	d.	d.	NOUN
cblr-8481	280	2	the	the	DET
cblr-8481	280	3	fallout	fallout	NOUN
cblr-8481	280	4	from	from	ADP
cblr-8481	280	5	janus	janus	PROPN
cblr-8481	280	6	and	and	CCONJ
cblr-8481	280	7	the	the	DET
cblr-8481	280	8	lead	lead	NOUN
cblr-8481	280	9	-	-	PUNCT
cblr-8481	280	10	up	up	NOUN
cblr-8481	280	11	to	to	ADP
cblr-8481	280	12	lorenzo	lorenzo	PROPN
cblr-8481	280	13	after	after	SCONJ
cblr-8481	280	14	janus	janus	PROPN
cblr-8481	280	15	was	be	AUX
cblr-8481	280	16	decided	decide	VERB
cblr-8481	280	17	,	,	PUNCT
cblr-8481	280	18	the	the	DET
cblr-8481	280	19	question	question	NOUN
cblr-8481	280	20	became	become	VERB
cblr-8481	280	21	whether	whether	SCONJ
cblr-8481	280	22	private	private	ADJ
cblr-8481	280	23	litigants	litigant	NOUN
cblr-8481	280	24	and	and	CCONJ
cblr-8481	280	25	the	the	DET
cblr-8481	280	26	sec	sec	PROPN
cblr-8481	280	27	could	could	AUX
cblr-8481	280	28	find	find	VERB
cblr-8481	280	29	a	a	DET
cblr-8481	280	30	way	way	NOUN
cblr-8481	280	31	that	that	PRON
cblr-8481	280	32	avoids	avoid	VERB
cblr-8481	280	33	the	the	DET
cblr-8481	280	34	roadblocks	roadblock	NOUN
cblr-8481	280	35	put	put	VERB
cblr-8481	280	36	up	up	ADP
cblr-8481	280	37	by	by	ADP
cblr-8481	280	38	janus	janus	PROPN
cblr-8481	280	39	to	to	PART
cblr-8481	280	40	bring	bring	VERB
cblr-8481	280	41	primary	primary	ADJ
cblr-8481	280	42	liability	liability	NOUN
cblr-8481	280	43	claims	claim	NOUN
cblr-8481	280	44	against	against	ADP
cblr-8481	280	45	those	those	PRON
cblr-8481	280	46	who	who	PRON
cblr-8481	280	47	participate	participate	VERB
cblr-8481	280	48	in	in	ADP
cblr-8481	280	49	the	the	DET
cblr-8481	280	50	making	making	NOUN
cblr-8481	280	51	of	of	ADP
cblr-8481	280	52	false	false	ADJ
cblr-8481	280	53	statements	statement	NOUN
cblr-8481	280	54	or	or	CCONJ
cblr-8481	280	55	omissions	omission	NOUN
cblr-8481	280	56	.	.	PUNCT
cblr-8481	281	1	one	one	NUM
cblr-8481	281	2	avenue	avenue	NOUN
cblr-8481	281	3	was	be	AUX
cblr-8481	281	4	to	to	PART
cblr-8481	281	5	make	make	VERB
cblr-8481	281	6	use	use	NOUN
cblr-8481	281	7	of	of	ADP
cblr-8481	281	8	rule	rule	NOUN
cblr-8481	281	9	10b-5(a	10b-5(a	NUM
cblr-8481	281	10	)	)	PUNCT
cblr-8481	281	11	and	and	CCONJ
cblr-8481	281	12	(	(	PUNCT
cblr-8481	281	13	c)—the	c)—the	ADJ
cblr-8481	281	14	“	"	PUNCT
cblr-8481	281	15	scheme	scheme	NOUN
cblr-8481	281	16	”	"	PUNCT
cblr-8481	281	17	liability	liability	NOUN
cblr-8481	281	18	provisions55	provisions55	NOUN
cblr-8481	281	19	not	not	PART
cblr-8481	281	20	addressed	address	VERB
cblr-8481	281	21	in	in	ADP
cblr-8481	281	22	janus	janus	PROPN
cblr-8481	281	23	—	—	PUNCT
cblr-8481	281	24	to	to	PART
cblr-8481	281	25	hold	hold	VERB
cblr-8481	281	26	participants	participant	NOUN
cblr-8481	281	27	liable	liable	ADJ
cblr-8481	281	28	for	for	ADP
cblr-8481	281	29	their	their	PRON
cblr-8481	281	30	participation	participation	NOUN
cblr-8481	281	31	in	in	ADP
cblr-8481	281	32	a	a	DET
cblr-8481	281	33	scheme	scheme	NOUN
cblr-8481	281	34	to	to	PART
cblr-8481	281	35	defraud	defraud	VERB
cblr-8481	281	36	investors	investor	NOUN
cblr-8481	281	37	.	.	PUNCT
cblr-8481	282	1	this	this	PRON
cblr-8481	282	2	resulted	result	VERB
cblr-8481	282	3	in	in	ADP
cblr-8481	282	4	a	a	DET
cblr-8481	282	5	circuit	circuit	NOUN
cblr-8481	282	6	split	split	NOUN
cblr-8481	282	7	,	,	PUNCT
cblr-8481	282	8	based	base	VERB
cblr-8481	282	9	primarily	primarily	ADV
cblr-8481	282	10	on	on	ADP
cblr-8481	282	11	whether	whether	SCONJ
cblr-8481	282	12	misconduct	misconduct	NOUN
cblr-8481	282	13	related	relate	VERB
cblr-8481	282	14	to	to	ADP
cblr-8481	282	15	misstatements	misstatement	NOUN
cblr-8481	282	16	could	could	AUX
cblr-8481	282	17	be	be	AUX
cblr-8481	282	18	litigated	litigate	VERB
cblr-8481	282	19	under	under	ADP
cblr-8481	282	20	the	the	DET
cblr-8481	282	21	scheme	scheme	NOUN
cblr-8481	282	22	liability	liability	NOUN
cblr-8481	282	23	provisions	provision	NOUN
cblr-8481	282	24	or	or	CCONJ
cblr-8481	282	25	whether	whether	SCONJ
cblr-8481	282	26	such	such	ADJ
cblr-8481	282	27	claims	claim	NOUN
cblr-8481	282	28	were	be	AUX
cblr-8481	282	29	restricted	restrict	VERB
cblr-8481	282	30	to	to	ADP
cblr-8481	282	31	10b-5(b	10b-5(b	NUM
cblr-8481	282	32	)	)	PUNCT
cblr-8481	282	33	.	.	PUNCT
cblr-8481	283	1	many	many	ADJ
cblr-8481	283	2	courts	court	NOUN
cblr-8481	283	3	rejected	reject	VERB
cblr-8481	283	4	fraudulent	fraudulent	ADJ
cblr-8481	283	5	statement	statement	NOUN
cblr-8481	283	6	claims	claim	NOUN
cblr-8481	283	7	brought	bring	VERB
cblr-8481	283	8	using	use	VERB
cblr-8481	283	9	the	the	DET
cblr-8481	283	10	scheme	scheme	NOUN
cblr-8481	283	11	liability	liability	NOUN
cblr-8481	283	12	provisions	provision	NOUN
cblr-8481	283	13	.	.	PUNCT
cblr-8481	284	1	for	for	ADP
cblr-8481	284	2	example	example	NOUN
cblr-8481	284	3	,	,	PUNCT
cblr-8481	284	4	in	in	ADP
cblr-8481	284	5	sec	sec	PROPN
cblr-8481	284	6	v.	v.	PROPN
cblr-8481	284	7	kelly	kelly	PROPN
cblr-8481	284	8	,	,	PUNCT
cblr-8481	284	9	judge	judge	VERB
cblr-8481	284	10	mcmahon	mcmahon	PROPN
cblr-8481	284	11	of	of	ADP
cblr-8481	284	12	the	the	DET
cblr-8481	284	13	united	united	PROPN
cblr-8481	284	14	states	states	PROPN
cblr-8481	284	15	district	district	PROPN
cblr-8481	284	16	court	court	NOUN
cblr-8481	284	17	for	for	ADP
cblr-8481	284	18	the	the	DET
cblr-8481	284	19	southern	southern	ADJ
cblr-8481	284	20	district	district	NOUN
cblr-8481	284	21	of	of	ADP
cblr-8481	284	22	new	new	PROPN
cblr-8481	284	23	york	york	PROPN
cblr-8481	284	24	ruled	rule	VERB
cblr-8481	284	25	against	against	ADP
cblr-8481	284	26	a	a	DET
cblr-8481	284	27	broader	broad	ADJ
cblr-8481	284	28	interpretation	interpretation	NOUN
cblr-8481	284	29	of	of	ADP
cblr-8481	284	30	scheme	scheme	NOUN
cblr-8481	284	31	liability	liability	NOUN
cblr-8481	284	32	and	and	CCONJ
cblr-8481	284	33	accused	accuse	VERB
cblr-8481	284	34	the	the	DET
cblr-8481	284	35	sec	sec	PROPN
cblr-8481	284	36	of	of	ADP
cblr-8481	284	37	attempting	attempt	VERB
cblr-8481	284	38	“	"	PUNCT
cblr-8481	284	39	to	to	PART
cblr-8481	284	40	bypass	bypass	VERB
cblr-8481	284	41	the	the	DET
cblr-8481	284	42	elements	element	NOUN
cblr-8481	284	43	necessary	necessary	ADJ
cblr-8481	284	44	to	to	PART
cblr-8481	284	45	impose	impose	VERB
cblr-8481	284	46	‘	'	PUNCT
cblr-8481	284	47	misstatement	misstatement	NOUN
cblr-8481	284	48	’	'	PUNCT
cblr-8481	284	49	liability	liability	NOUN
cblr-8481	284	50	under	under	ADP
cblr-8481	284	51	[	[	X
cblr-8481	284	52	10b-5(b	10b-5(b	NUM
cblr-8481	284	53	)	)	PUNCT
cblr-8481	284	54	]	]	PUNCT
cblr-8481	284	55	by	by	ADP
cblr-8481	284	56	labeling	label	VERB
cblr-8481	284	57	the	the	DET
cblr-8481	284	58	alleged	alleged	ADJ
cblr-8481	284	59	misconduct	misconduct	NOUN
cblr-8481	284	60	a	a	DET
cblr-8481	284	61	‘	'	PUNCT
cblr-8481	284	62	scheme	scheme	NOUN
cblr-8481	284	63	’	'	PUNCT
cblr-8481	284	64	rather	rather	ADV
cblr-8481	284	65	than	than	ADP
cblr-8481	284	66	a	a	DET
cblr-8481	284	67	‘	'	PUNCT
cblr-8481	284	68	misstatement	misstatement	NOUN
cblr-8481	284	69	.	.	PUNCT
cblr-8481	284	70	’”56	’”56	VERB
cblr-8481	284	71	the	the	DET
cblr-8481	284	72	second	second	ADJ
cblr-8481	284	73	circuit	circuit	NOUN
cblr-8481	284	74	agreed	agree	VERB
cblr-8481	284	75	,	,	PUNCT
cblr-8481	284	76	stating	state	VERB
cblr-8481	284	77	that	that	SCONJ
cblr-8481	284	78	“	"	PUNCT
cblr-8481	284	79	where	where	SCONJ
cblr-8481	284	80	the	the	DET
cblr-8481	284	81	sole	sole	ADJ
cblr-8481	284	82	basis	basis	NOUN
cblr-8481	284	83	55	55	NUM
cblr-8481	284	84	the	the	DET
cblr-8481	284	85	reason	reason	NOUN
cblr-8481	284	86	why	why	SCONJ
cblr-8481	284	87	they	they	PRON
cblr-8481	284	88	are	be	AUX
cblr-8481	284	89	referred	refer	VERB
cblr-8481	284	90	to	to	ADP
cblr-8481	284	91	as	as	SCONJ
cblr-8481	284	92	the	the	DET
cblr-8481	284	93	“	"	PUNCT
cblr-8481	284	94	scheme	scheme	NOUN
cblr-8481	284	95	liability	liability	NOUN
cblr-8481	284	96	”	"	PUNCT
cblr-8481	284	97	provisions	provision	NOUN
cblr-8481	284	98	is	be	AUX
cblr-8481	284	99	that	that	SCONJ
cblr-8481	284	100	securities	security	NOUN
cblr-8481	284	101	fraud	fraud	NOUN
cblr-8481	284	102	under	under	ADP
cblr-8481	284	103	those	those	DET
cblr-8481	284	104	provisions	provision	NOUN
cblr-8481	284	105	“	"	PUNCT
cblr-8481	284	106	rests	rest	VERB
cblr-8481	284	107	not	not	PART
cblr-8481	284	108	on	on	ADP
cblr-8481	284	109	the	the	DET
cblr-8481	284	110	making	making	NOUN
cblr-8481	284	111	of	of	ADP
cblr-8481	284	112	any	any	DET
cblr-8481	284	113	false	false	ADJ
cblr-8481	284	114	or	or	CCONJ
cblr-8481	284	115	misleading	misleading	ADJ
cblr-8481	284	116	statement	statement	NOUN
cblr-8481	284	117	or	or	CCONJ
cblr-8481	284	118	omission	omission	NOUN
cblr-8481	284	119	[	[	PUNCT
cblr-8481	284	120	as	as	SCONJ
cblr-8481	284	121	required	require	VERB
cblr-8481	284	122	by	by	ADP
cblr-8481	284	123	rule	rule	NOUN
cblr-8481	284	124	10b-5(b	10b-5(b	NUM
cblr-8481	284	125	)	)	PUNCT
cblr-8481	284	126	]	]	PUNCT
cblr-8481	284	127	but	but	CCONJ
cblr-8481	284	128	on	on	ADP
cblr-8481	284	129	participation	participation	NOUN
cblr-8481	284	130	in	in	ADP
cblr-8481	284	131	a	a	DET
cblr-8481	284	132	scheme	scheme	NOUN
cblr-8481	284	133	to	to	PART
cblr-8481	284	134	defraud	defraud	VERB
cblr-8481	284	135	.	.	PUNCT
cblr-8481	284	136	”	"	PUNCT
cblr-8481	285	1	james	james	PROPN
cblr-8481	285	2	c.	c.	PROPN
cblr-8481	285	3	dugan	dugan	PROPN
cblr-8481	285	4	,	,	PUNCT
cblr-8481	285	5	scheme	scheme	NOUN
cblr-8481	285	6	liability	liability	NOUN
cblr-8481	285	7	under	under	ADP
cblr-8481	285	8	rule	rule	NOUN
cblr-8481	285	9	10b-5	10b-5	NUM
cblr-8481	285	10	:	:	PUNCT
cblr-8481	285	11	an	an	DET
cblr-8481	285	12	emerging	emerge	VERB
cblr-8481	285	13	cause	cause	NOUN
cblr-8481	285	14	of	of	ADP
cblr-8481	285	15	action	action	NOUN
cblr-8481	285	16	part	part	NOUN
cblr-8481	285	17	i	i	PROPN
cblr-8481	285	18	,	,	PUNCT
cblr-8481	285	19	corp	corp	PROPN
cblr-8481	285	20	.	.	PROPN
cblr-8481	285	21	couns	couns	PROPN
cblr-8481	285	22	.	.	PUNCT
cblr-8481	286	1	bus	bus	PROPN
cblr-8481	286	2	.	.	PUNCT
cblr-8481	287	1	j.	j.	PROPN
cblr-8481	287	2	(	(	PUNCT
cblr-8481	287	3	dec	dec	PROPN
cblr-8481	287	4	.	.	PROPN
cblr-8481	287	5	1	1	NUM
cblr-8481	287	6	,	,	PUNCT
cblr-8481	287	7	2006	2006	NUM
cblr-8481	287	8	)	)	PUNCT
cblr-8481	287	9	,	,	PUNCT
cblr-8481	287	10	https://ccbjournal.com/articles/	https://ccbjournal.com/articles/	NOUN
cblr-8481	287	11	scheme	scheme	NOUN
cblr-8481	287	12	-	-	PUNCT
cblr-8481	287	13	liability	liability	NOUN
cblr-8481	287	14	-	-	PUNCT
cblr-8481	287	15	under	under	ADP
cblr-8481	287	16	-	-	PUNCT
cblr-8481	287	17	rule-10b-5	rule-10b-5	NOUN
cblr-8481	287	18	-	-	PUNCT
cblr-8481	287	19	emerging	emerge	VERB
cblr-8481	287	20	-	-	PUNCT
cblr-8481	287	21	cause	cause	NOUN
cblr-8481	287	22	-	-	PUNCT
cblr-8481	287	23	action	action	NOUN
cblr-8481	287	24	-	-	PUNCT
cblr-8481	287	25	part	part	NOUN
cblr-8481	287	26	-	-	PUNCT
cblr-8481	287	27	i	i	PRON
cblr-8481	287	28	[	[	X
cblr-8481	287	29	https://perma.cc/cjq9-s4	https://perma.cc/cjq9-s4	PROPN
cblr-8481	287	30	mm	mm	NOUN
cblr-8481	287	31	]	]	X
cblr-8481	287	32	.	.	PUNCT
cblr-8481	288	1	56	56	NUM
cblr-8481	288	2	sec	sec	PROPN
cblr-8481	288	3	v.	v.	PROPN
cblr-8481	288	4	kelly	kelly	PROPN
cblr-8481	288	5	,	,	PUNCT
cblr-8481	288	6	817	817	NUM
cblr-8481	288	7	f.	f.	PROPN
cblr-8481	288	8	supp	supp	PROPN
cblr-8481	288	9	.	.	PUNCT
cblr-8481	289	1	2d	2d	NOUN
cblr-8481	289	2	340	340	NUM
cblr-8481	289	3	,	,	PUNCT
cblr-8481	289	4	343	343	NUM
cblr-8481	289	5	(	(	PUNCT
cblr-8481	289	6	s.d.n.y	s.d.n.y	PROPN
cblr-8481	289	7	.	.	PROPN
cblr-8481	289	8	2011	2011	NUM
cblr-8481	289	9	)	)	PUNCT
cblr-8481	289	10	,	,	PUNCT
cblr-8481	289	11	abrogated	abrogate	VERB
cblr-8481	289	12	by	by	ADP
cblr-8481	289	13	lorenzo	lorenzo	PROPN
cblr-8481	289	14	v.	v.	ADP
cblr-8481	289	15	sec	sec	PROPN
cblr-8481	289	16	,	,	PUNCT
cblr-8481	289	17	139	139	NUM
cblr-8481	289	18	s.	s.	PROPN
cblr-8481	289	19	ct	ct	PROPN
cblr-8481	289	20	.	.	PROPN
cblr-8481	289	21	1094	1094	NUM
cblr-8481	289	22	(	(	PUNCT
cblr-8481	289	23	2019	2019	NUM
cblr-8481	289	24	)	)	PUNCT
cblr-8481	289	25	.	.	PUNCT
cblr-8481	290	1	this	this	DET
cblr-8481	290	2	case	case	NOUN
cblr-8481	290	3	,	,	PUNCT
cblr-8481	290	4	as	as	ADV
cblr-8481	290	5	well	well	ADV
cblr-8481	290	6	as	as	ADP
cblr-8481	290	7	many	many	ADJ
cblr-8481	290	8	that	that	PRON
cblr-8481	290	9	follow	follow	VERB
cblr-8481	290	10	,	,	PUNCT
cblr-8481	290	11	also	also	ADV
cblr-8481	290	12	discusses	discuss	VERB
cblr-8481	290	13	section	section	NOUN
cblr-8481	290	14	17(a	17(a	NUM
cblr-8481	290	15	)	)	PUNCT
cblr-8481	290	16	of	of	ADP
cblr-8481	290	17	the	the	DET
cblr-8481	290	18	securities	security	NOUN
cblr-8481	290	19	act	act	PROPN
cblr-8481	290	20	.	.	PUNCT
cblr-8481	291	1	i	i	PRON
cblr-8481	291	2	d.	d.	PROPN
cblr-8481	291	3	at	at	ADP
cblr-8481	291	4	345–46	345–46	PROPN
cblr-8481	291	5	.	.	PUNCT
cblr-8481	292	1	as	as	SCONJ
cblr-8481	292	2	noted	note	VERB
cblr-8481	292	3	earlier	early	ADV
cblr-8481	292	4	,	,	PUNCT
cblr-8481	292	5	section	section	NOUN
cblr-8481	292	6	17(a	17(a	NUM
cblr-8481	292	7	)	)	PUNCT
cblr-8481	292	8	provided	provide	VERB
cblr-8481	292	9	the	the	DET
cblr-8481	292	10	basis	basis	NOUN
cblr-8481	292	11	for	for	ADP
cblr-8481	292	12	rule	rule	NOUN
cblr-8481	292	13	10b-5	10b-5	NUM
cblr-8481	292	14	but	but	CCONJ
cblr-8481	292	15	only	only	ADV
cblr-8481	292	16	applies	apply	VERB
cblr-8481	292	17	to	to	ADP
cblr-8481	292	18	the	the	DET
cblr-8481	292	19	sellers	seller	NOUN
cblr-8481	292	20	of	of	ADP
cblr-8481	292	21	securities	security	NOUN
cblr-8481	292	22	rather	rather	ADV
cblr-8481	292	23	than	than	ADP
cblr-8481	292	24	both	both	DET
cblr-8481	292	25	sellers	seller	NOUN
cblr-8481	292	26	and	and	CCONJ
cblr-8481	292	27	buyers	buyer	NOUN
cblr-8481	292	28	.	.	PUNCT
cblr-8481	293	1	see	see	VERB
cblr-8481	293	2	supra	supra	ADJ
cblr-8481	293	3	text	text	NOUN
cblr-8481	293	4	accompanying	accompanying	ADJ
cblr-8481	293	5	notes	note	NOUN
cblr-8481	293	6	12–18	12–18	NUM
cblr-8481	293	7	.	.	PUNCT
cblr-8481	294	1	another	another	DET
cblr-8481	294	2	notable	notable	ADJ
cblr-8481	294	3	difference	difference	NOUN
cblr-8481	294	4	between	between	ADP
cblr-8481	294	5	rule	rule	NOUN
cblr-8481	294	6	10b-5	10b-5	NUM
cblr-8481	294	7	and	and	CCONJ
cblr-8481	294	8	section	section	NOUN
cblr-8481	294	9	17(a	17(a	NUM
cblr-8481	294	10	)	)	PUNCT
cblr-8481	294	11	is	be	AUX
cblr-8481	294	12	that	that	SCONJ
cblr-8481	294	13	the	the	DET
cblr-8481	294	14	latter	latter	NOUN
cblr-8481	294	15	does	do	AUX
cblr-8481	294	16	not	not	PART
cblr-8481	294	17	create	create	VERB
cblr-8481	294	18	an	an	DET
cblr-8481	294	19	implied	imply	VERB
cblr-8481	294	20	right	right	NOUN
cblr-8481	294	21	of	of	ADP
cblr-8481	294	22	action	action	NOUN
cblr-8481	294	23	and	and	CCONJ
cblr-8481	294	24	thus	thus	ADV
cblr-8481	294	25	can	can	AUX
cblr-8481	294	26	only	only	ADV
cblr-8481	294	27	be	be	AUX
cblr-8481	294	28	used	use	VERB
cblr-8481	294	29	by	by	ADP
cblr-8481	294	30	the	the	DET
cblr-8481	294	31	sec	sec	PROPN
cblr-8481	294	32	in	in	ADP
cblr-8481	294	33	its	its	PRON
cblr-8481	294	34	enforcement	enforcement	NOUN
cblr-8481	294	35	actions	action	NOUN
cblr-8481	294	36	.	.	PUNCT
cblr-8481	295	1	touche	touche	PROPN
cblr-8481	295	2	ross	ross	PROPN
cblr-8481	295	3	&	&	CCONJ
cblr-8481	295	4	co.	co.	PROPN
cblr-8481	295	5	v.	v.	ADP
cblr-8481	295	6	redington	redington	PROPN
cblr-8481	295	7	,	,	PUNCT
cblr-8481	295	8	442	442	NUM
cblr-8481	295	9	u.s	u.s	PROPN
cblr-8481	295	10	.	.	PROPN
cblr-8481	295	11	560	560	NUM
cblr-8481	295	12	,	,	PUNCT
cblr-8481	295	13	575–76	575–76	X
cblr-8481	295	14	(	(	PUNCT
cblr-8481	295	15	1979	1979	NUM
cblr-8481	295	16	)	)	PUNCT
cblr-8481	295	17	.	.	PUNCT
cblr-8481	296	1	for	for	ADP
cblr-8481	296	2	further	further	ADJ
cblr-8481	296	3	discussion	discussion	NOUN
cblr-8481	296	4	of	of	ADP
cblr-8481	296	5	section	section	NOUN
cblr-8481	296	6	17(a	17(a	NUM
cblr-8481	296	7	)	)	PUNCT
cblr-8481	296	8	,	,	PUNCT
cblr-8481	296	9	see	see	VERB
cblr-8481	296	10	infra	infra	NOUN
cblr-8481	296	11	text	text	NOUN
cblr-8481	296	12	accompanying	accompanying	ADJ
cblr-8481	296	13	notes	note	NOUN
cblr-8481	296	14	255–65	255–65	NOUN
cblr-8481	296	15	.	.	PUNCT
cblr-8481	297	1	note	note	NOUN
cblr-8481	297	2	–	–	PUNCT
cblr-8481	297	3	lieberman	lieberman	PROPN
cblr-8481	298	1	6/13/2021	6/13/2021	NUM
cblr-8481	298	2	8:45	8:45	NUM
cblr-8481	298	3	pm	pm	NOUN
cblr-8481	298	4	no	no	INTJ
cblr-8481	298	5	.	.	PUNCT
cblr-8481	299	1	1:352	1:352	NUM
cblr-8481	299	2	]	]	X
cblr-8481	299	3	lorenzo	lorenzo	PROPN
cblr-8481	299	4	v.	v.	ADP
cblr-8481	299	5	sec	sec	PROPN
cblr-8481	299	6	and	and	CCONJ
cblr-8481	299	7	the	the	DET
cblr-8481	299	8	expansion	expansion	NOUN
cblr-8481	299	9	of	of	ADP
cblr-8481	299	10	scheme	scheme	NOUN
cblr-8481	299	11	liability	liability	NOUN
cblr-8481	299	12	367	367	NUM
cblr-8481	299	13	for	for	ADP
cblr-8481	299	14	such	such	ADJ
cblr-8481	299	15	claims	claim	NOUN
cblr-8481	299	16	is	be	AUX
cblr-8481	299	17	alleged	allege	VERB
cblr-8481	299	18	misrepresentations	misrepresentation	NOUN
cblr-8481	299	19	or	or	CCONJ
cblr-8481	299	20	omissions	omission	NOUN
cblr-8481	299	21	,	,	PUNCT
cblr-8481	299	22	plaintiffs	plaintiff	NOUN
cblr-8481	299	23	have	have	AUX
cblr-8481	299	24	not	not	PART
cblr-8481	299	25	made	make	VERB
cblr-8481	299	26	out	out	ADP
cblr-8481	299	27	a	a	DET
cblr-8481	299	28	market	market	NOUN
cblr-8481	299	29	manipulation	manipulation	NOUN
cblr-8481	299	30	claim	claim	NOUN
cblr-8481	299	31	under	under	ADP
cblr-8481	299	32	rule	rule	NOUN
cblr-8481	299	33	10b–5(a	10b–5(a	NUM
cblr-8481	299	34	)	)	PUNCT
cblr-8481	299	35	and	and	CCONJ
cblr-8481	299	36	(	(	PUNCT
cblr-8481	299	37	c).”57	c).”57	INTJ
cblr-8481	299	38	the	the	DET
cblr-8481	299	39	ninth	ninth	ADJ
cblr-8481	299	40	circuit	circuit	NOUN
cblr-8481	299	41	similarly	similarly	ADV
cblr-8481	299	42	held	hold	VERB
cblr-8481	299	43	that	that	SCONJ
cblr-8481	299	44	“	"	PUNCT
cblr-8481	299	45	[	[	X
cblr-8481	299	46	a	a	X
cblr-8481	299	47	]	]	X
cblr-8481	299	48	defendant	defendant	NOUN
cblr-8481	299	49	may	may	AUX
cblr-8481	299	50	only	only	ADV
cblr-8481	299	51	be	be	AUX
cblr-8481	299	52	liable	liable	ADJ
cblr-8481	299	53	as	as	ADP
cblr-8481	299	54	part	part	NOUN
cblr-8481	299	55	of	of	ADP
cblr-8481	299	56	a	a	DET
cblr-8481	299	57	fraudulent	fraudulent	ADJ
cblr-8481	299	58	scheme	scheme	NOUN
cblr-8481	299	59	based	base	VERB
cblr-8481	299	60	upon	upon	SCONJ
cblr-8481	299	61	misrepresentations	misrepresentation	NOUN
cblr-8481	299	62	and	and	CCONJ
cblr-8481	299	63	omissions	omission	NOUN
cblr-8481	299	64	under	under	ADP
cblr-8481	299	65	rules	rule	NOUN
cblr-8481	299	66	10b–5(a	10b–5(a	NUM
cblr-8481	299	67	)	)	PUNCT
cblr-8481	299	68	or	or	CCONJ
cblr-8481	299	69	(	(	PUNCT
cblr-8481	299	70	c	c	NOUN
cblr-8481	299	71	)	)	PUNCT
cblr-8481	299	72	when	when	SCONJ
cblr-8481	299	73	the	the	DET
cblr-8481	299	74	scheme	scheme	NOUN
cblr-8481	299	75	also	also	ADV
cblr-8481	299	76	encompasses	encompass	VERB
cblr-8481	299	77	conduct	conduct	NOUN
cblr-8481	299	78	beyond	beyond	ADP
cblr-8481	299	79	those	those	DET
cblr-8481	299	80	misrepresentations	misrepresentation	NOUN
cblr-8481	299	81	or	or	CCONJ
cblr-8481	299	82	omissions	omission	NOUN
cblr-8481	299	83	.	.	PUNCT
cblr-8481	300	1	”58	”58	ADJ
cblr-8481	300	2	on	on	ADP
cblr-8481	300	3	the	the	DET
cblr-8481	300	4	other	other	ADJ
cblr-8481	300	5	side	side	NOUN
cblr-8481	300	6	of	of	ADP
cblr-8481	300	7	the	the	DET
cblr-8481	300	8	coin	coin	NOUN
cblr-8481	300	9	,	,	PUNCT
cblr-8481	300	10	the	the	DET
cblr-8481	300	11	eleventh	eleventh	ADJ
cblr-8481	300	12	circuit	circuit	NOUN
cblr-8481	300	13	held	hold	VERB
cblr-8481	300	14	that	that	SCONJ
cblr-8481	300	15	janus	janus	PROPN
cblr-8481	300	16	does	do	AUX
cblr-8481	300	17	not	not	PART
cblr-8481	300	18	extend	extend	VERB
cblr-8481	300	19	to	to	PART
cblr-8481	300	20	scheme	scheme	VERB
cblr-8481	300	21	liability	liability	NOUN
cblr-8481	300	22	,	,	PUNCT
cblr-8481	300	23	writing	write	VERB
cblr-8481	300	24	that	that	SCONJ
cblr-8481	300	25	“	"	PUNCT
cblr-8481	300	26	janus	janus	PROPN
cblr-8481	300	27	only	only	ADV
cblr-8481	300	28	discussed	discuss	VERB
cblr-8481	300	29	what	what	PRON
cblr-8481	300	30	it	it	PRON
cblr-8481	300	31	means	mean	VERB
cblr-8481	300	32	to	to	PART
cblr-8481	300	33	‘	'	PUNCT
cblr-8481	300	34	make	make	VERB
cblr-8481	300	35	’	'	PUNCT
cblr-8481	300	36	a	a	DET
cblr-8481	300	37	statement	statement	NOUN
cblr-8481	300	38	for	for	ADP
cblr-8481	300	39	purposes	purpose	NOUN
cblr-8481	300	40	of	of	ADP
cblr-8481	300	41	rule	rule	NOUN
cblr-8481	300	42	10b-5(b	10b-5(b	NUM
cblr-8481	300	43	)	)	PUNCT
cblr-8481	300	44	,	,	PUNCT
cblr-8481	300	45	and	and	CCONJ
cblr-8481	300	46	did	do	AUX
cblr-8481	300	47	not	not	PART
cblr-8481	300	48	concern	concern	VERB
cblr-8481	300	49	.	.	PUNCT
cblr-8481	300	50	.	.	PUNCT
cblr-8481	300	51	.	.	PUNCT
cblr-8481	301	1	rule	rule	NOUN
cblr-8481	301	2	10b5(a	10b5(a	NUM
cblr-8481	301	3	)	)	PUNCT
cblr-8481	301	4	or	or	CCONJ
cblr-8481	301	5	(	(	PUNCT
cblr-8481	301	6	c).”59	c).”59	NOUN
cblr-8481	301	7	instead	instead	ADV
cblr-8481	301	8	,	,	PUNCT
cblr-8481	301	9	the	the	DET
cblr-8481	301	10	court	court	NOUN
cblr-8481	301	11	stated	state	VERB
cblr-8481	301	12	that	that	SCONJ
cblr-8481	301	13	“	"	PUNCT
cblr-8481	301	14	subsections	subsection	NOUN
cblr-8481	301	15	(	(	PUNCT
cblr-8481	301	16	a	a	NOUN
cblr-8481	301	17	)	)	PUNCT
cblr-8481	301	18	and	and	CCONJ
cblr-8481	301	19	(	(	PUNCT
cblr-8481	301	20	c	c	NOUN
cblr-8481	301	21	)	)	PUNCT
cblr-8481	301	22	of	of	ADP
cblr-8481	301	23	rule	rule	NOUN
cblr-8481	301	24	10b-5	10b-5	NUM
cblr-8481	301	25	‘	'	PUNCT
cblr-8481	301	26	are	be	AUX
cblr-8481	301	27	not	not	PART
cblr-8481	301	28	so	so	ADV
cblr-8481	301	29	restricted	restrict	VERB
cblr-8481	301	30	’	'	PUNCT
cblr-8481	301	31	as	as	ADP
cblr-8481	301	32	subsection	subsection	NOUN
cblr-8481	301	33	(	(	PUNCT
cblr-8481	301	34	b	b	NOUN
cblr-8481	301	35	)	)	PUNCT
cblr-8481	301	36	,	,	PUNCT
cblr-8481	301	37	because	because	SCONJ
cblr-8481	301	38	they	they	PRON
cblr-8481	301	39	are	be	AUX
cblr-8481	301	40	not	not	PART
cblr-8481	301	41	limited	limit	VERB
cblr-8481	301	42	to	to	ADP
cblr-8481	301	43	‘	'	PUNCT
cblr-8481	301	44	the	the	DET
cblr-8481	301	45	making	making	NOUN
cblr-8481	301	46	of	of	ADP
cblr-8481	301	47	an	an	DET
cblr-8481	301	48	untrue	untrue	ADJ
cblr-8481	301	49	statement	statement	NOUN
cblr-8481	301	50	of	of	ADP
cblr-8481	301	51	a	a	DET
cblr-8481	301	52	material	material	ADJ
cblr-8481	301	53	fact	fact	NOUN
cblr-8481	301	54	.	.	PUNCT
cblr-8481	302	1	’”60	’”60	PROPN
cblr-8481	303	1	the	the	DET
cblr-8481	303	2	d.c	d.c	PROPN
cblr-8481	303	3	.	.	PROPN
cblr-8481	303	4	circuit	circuit	PROPN
cblr-8481	303	5	embraced	embrace	VERB
cblr-8481	303	6	the	the	DET
cblr-8481	303	7	eleventh	eleventh	ADJ
cblr-8481	303	8	circuit	circuit	NOUN
cblr-8481	303	9	’s	’s	PART
cblr-8481	303	10	view	view	NOUN
cblr-8481	303	11	when	when	SCONJ
cblr-8481	303	12	it	it	PRON
cblr-8481	303	13	weighed	weigh	VERB
cblr-8481	303	14	in	in	ADP
cblr-8481	303	15	on	on	ADP
cblr-8481	303	16	lorenzo	lorenzo	NOUN
cblr-8481	303	17	prior	prior	ADV
cblr-8481	303	18	to	to	ADP
cblr-8481	303	19	its	its	PRON
cblr-8481	303	20	appeal	appeal	NOUN
cblr-8481	303	21	to	to	ADP
cblr-8481	303	22	the	the	DET
cblr-8481	303	23	supreme	supreme	PROPN
cblr-8481	303	24	court	court	PROPN
cblr-8481	303	25	,	,	PUNCT
cblr-8481	303	26	noting	note	VERB
cblr-8481	303	27	that	that	SCONJ
cblr-8481	303	28	“	"	PUNCT
cblr-8481	303	29	rules	rule	NOUN
cblr-8481	303	30	10b-5(a	10b-5(a	NUM
cblr-8481	303	31	)	)	PUNCT
cblr-8481	303	32	and	and	CCONJ
cblr-8481	303	33	(	(	PUNCT
cblr-8481	303	34	c	c	NOUN
cblr-8481	303	35	)	)	PUNCT
cblr-8481	303	36	,	,	PUNCT
cblr-8481	303	37	along	along	ADP
cblr-8481	303	38	with	with	ADP
cblr-8481	303	39	section	section	NOUN
cblr-8481	303	40	[	[	X
cblr-8481	303	41	]	]	X
cblr-8481	303	42	10(b	10(b	NUM
cblr-8481	303	43	)	)	PUNCT
cblr-8481	303	44	.	.	PUNCT
cblr-8481	303	45	.	.	PUNCT
cblr-8481	304	1	.—all	.—all	PUNCT
cblr-8481	305	1	unlike	unlike	ADP
cblr-8481	305	2	rule	rule	NOUN
cblr-8481	305	3	10b-5(b)—do	10b-5(b)—do	NUM
cblr-8481	305	4	not	not	PART
cblr-8481	305	5	speak	speak	VERB
cblr-8481	305	6	in	in	ADP
cblr-8481	305	7	terms	term	NOUN
cblr-8481	305	8	of	of	ADP
cblr-8481	305	9	an	an	DET
cblr-8481	305	10	individual	individual	NOUN
cblr-8481	305	11	’s	’s	PART
cblr-8481	305	12	‘	'	PUNCT
cblr-8481	305	13	making	make	VERB
cblr-8481	305	14	’	'	PUNCT
cblr-8481	305	15	a	a	DET
cblr-8481	305	16	false	false	ADJ
cblr-8481	305	17	statement	statement	NOUN
cblr-8481	305	18	.	.	PUNCT
cblr-8481	306	1	indeed	indeed	ADV
cblr-8481	306	2	,	,	PUNCT
cblr-8481	306	3	‘	'	PUNCT
cblr-8481	306	4	[	[	X
cblr-8481	306	5	t]o	t]o	NOUN
cblr-8481	306	6	make	make	VERB
cblr-8481	306	7	any	any	PRON
cblr-8481	306	8	.	.	PUNCT
cblr-8481	306	9	.	.	PUNCT
cblr-8481	306	10	.	.	PUNCT
cblr-8481	307	1	statement	statement	NOUN
cblr-8481	307	2	’	'	PUNCT
cblr-8481	307	3	was	be	AUX
cblr-8481	307	4	the	the	DET
cblr-8481	307	5	critical	critical	ADJ
cblr-8481	307	6	language	language	NOUN
cblr-8481	307	7	construed	construe	VERB
cblr-8481	307	8	in	in	ADP
cblr-8481	307	9	janus	janus	PROPN
cblr-8481	307	10	.	.	PUNCT
cblr-8481	308	1	”61	”61	NOUN
cblr-8481	308	2	the	the	DET
cblr-8481	308	3	court	court	NOUN
cblr-8481	308	4	therefore	therefore	ADV
cblr-8481	308	5	held	hold	VERB
cblr-8481	308	6	that	that	SCONJ
cblr-8481	308	7	,	,	PUNCT
cblr-8481	308	8	despite	despite	SCONJ
cblr-8481	308	9	lorenzo	lorenzo	PROPN
cblr-8481	308	10	’s	’s	PART
cblr-8481	308	11	assertion	assertion	NOUN
cblr-8481	308	12	that	that	SCONJ
cblr-8481	308	13	“	"	PUNCT
cblr-8481	308	14	actions	action	NOUN
cblr-8481	308	15	involving	involve	VERB
cblr-8481	308	16	false	false	ADJ
cblr-8481	308	17	statements	statement	NOUN
cblr-8481	308	18	must	must	AUX
cblr-8481	308	19	fit	fit	VERB
cblr-8481	308	20	within	within	ADP
cblr-8481	308	21	rule	rule	NOUN
cblr-8481	308	22	10b-5(b	10b-5(b	NUM
cblr-8481	308	23	)	)	PUNCT
cblr-8481	308	24	and	and	CCONJ
cblr-8481	308	25	can	can	AUX
cblr-8481	308	26	not	not	PART
cblr-8481	308	27	be	be	AUX
cblr-8481	308	28	brought	bring	VERB
cblr-8481	308	29	separately	separately	ADV
cblr-8481	308	30	under	under	ADP
cblr-8481	308	31	rules	rule	NOUN
cblr-8481	308	32	10b-5(a	10b-5(a	NUM
cblr-8481	308	33	)	)	PUNCT
cblr-8481	308	34	or	or	CCONJ
cblr-8481	308	35	(	(	PUNCT
cblr-8481	308	36	c	c	NOUN
cblr-8481	308	37	)	)	PUNCT
cblr-8481	308	38	,	,	PUNCT
cblr-8481	308	39	”	"	PUNCT
cblr-8481	308	40	it	it	PRON
cblr-8481	308	41	knew	know	VERB
cblr-8481	308	42	“	"	PUNCT
cblr-8481	308	43	of	of	ADP
cblr-8481	308	44	no	no	DET
cblr-8481	308	45	blanket	blanket	NOUN
cblr-8481	308	46	57	57	NUM
cblr-8481	308	47	lentell	lentell	NOUN
cblr-8481	308	48	v.	v.	ADP
cblr-8481	308	49	merrill	merrill	PROPN
cblr-8481	308	50	lynch	lynch	PROPN
cblr-8481	308	51	&	&	CCONJ
cblr-8481	308	52	co.	co.	PROPN
cblr-8481	308	53	,	,	PUNCT
cblr-8481	308	54	396	396	NUM
cblr-8481	308	55	f.3d	f.3d	NUM
cblr-8481	308	56	161	161	NUM
cblr-8481	308	57	,	,	PUNCT
cblr-8481	308	58	177	177	NUM
cblr-8481	308	59	(	(	PUNCT
cblr-8481	308	60	2d	2d	NUM
cblr-8481	308	61	cir	cir	NOUN
cblr-8481	308	62	.	.	PROPN
cblr-8481	308	63	2005	2005	NUM
cblr-8481	308	64	)	)	PUNCT
cblr-8481	308	65	,	,	PUNCT
cblr-8481	308	66	abrogated	abrogate	VERB
cblr-8481	308	67	by	by	ADP
cblr-8481	308	68	lorenzo	lorenzo	PROPN
cblr-8481	308	69	,	,	PUNCT
cblr-8481	308	70	139	139	NUM
cblr-8481	308	71	s.	s.	PROPN
cblr-8481	308	72	ct	ct	PROPN
cblr-8481	308	73	.	.	PROPN
cblr-8481	308	74	1094	1094	NUM
cblr-8481	308	75	.	.	PUNCT
cblr-8481	309	1	58	58	NUM
cblr-8481	309	2	wpp	wpp	PROPN
cblr-8481	309	3	lux	lux	PROPN
cblr-8481	309	4	.	.	PUNCT
cblr-8481	309	5	gamma	gamma	PROPN
cblr-8481	309	6	three	three	NUM
cblr-8481	309	7	sarl	sarl	PROPN
cblr-8481	309	8	v.	v.	PROPN
cblr-8481	309	9	spot	spot	PROPN
cblr-8481	309	10	runner	runner	PROPN
cblr-8481	309	11	,	,	PUNCT
cblr-8481	309	12	inc	inc	PROPN
cblr-8481	309	13	.	.	PROPN
cblr-8481	309	14	,	,	PUNCT
cblr-8481	309	15	655	655	NUM
cblr-8481	309	16	f.3d	f.3d	NUM
cblr-8481	309	17	1039	1039	NUM
cblr-8481	309	18	,	,	PUNCT
cblr-8481	309	19	1057	1057	NUM
cblr-8481	309	20	(	(	PUNCT
cblr-8481	309	21	9th	9th	ADJ
cblr-8481	309	22	cir	cir	NOUN
cblr-8481	309	23	.	.	PUNCT
cblr-8481	309	24	2011	2011	NUM
cblr-8481	309	25	)	)	PUNCT
cblr-8481	309	26	(	(	PUNCT
cblr-8481	309	27	first	first	ADV
cblr-8481	309	28	citing	cite	VERB
cblr-8481	309	29	sec	sec	PROPN
cblr-8481	309	30	v.	v.	PROPN
cblr-8481	309	31	lucent	lucent	PROPN
cblr-8481	309	32	techs	tech	NOUN
cblr-8481	309	33	.	.	PROPN
cblr-8481	309	34	,	,	PUNCT
cblr-8481	309	35	inc	inc	PROPN
cblr-8481	309	36	.	.	PROPN
cblr-8481	309	37	,	,	PUNCT
cblr-8481	309	38	610	610	NUM
cblr-8481	309	39	f.	f.	PROPN
cblr-8481	309	40	supp	supp	PROPN
cblr-8481	309	41	.	.	PUNCT
cblr-8481	310	1	2d	2d	PROPN
cblr-8481	310	2	342	342	NUM
cblr-8481	310	3	,	,	PUNCT
cblr-8481	310	4	359	359	NUM
cblr-8481	310	5	(	(	PUNCT
cblr-8481	310	6	d.n.j	d.n.j	PROPN
cblr-8481	310	7	.	.	PROPN
cblr-8481	310	8	2009	2009	NUM
cblr-8481	310	9	)	)	PUNCT
cblr-8481	310	10	;	;	PUNCT
cblr-8481	310	11	then	then	ADV
cblr-8481	310	12	citing	cite	VERB
cblr-8481	310	13	sec	sec	PROPN
cblr-8481	310	14	v.	v.	PROPN
cblr-8481	310	15	patel	patel	PROPN
cblr-8481	310	16	,	,	PUNCT
cblr-8481	310	17	no	no	INTJ
cblr-8481	310	18	.	.	NOUN
cblr-8481	310	19	07	07	NUM
cblr-8481	310	20	-	-	PUNCT
cblr-8481	310	21	cv-39	cv-39	X
cblr-8481	310	22	,	,	PUNCT
cblr-8481	310	23	2009	2009	NUM
cblr-8481	310	24	wl	wl	NOUN
cblr-8481	310	25	3151143	3151143	NUM
cblr-8481	310	26	,	,	PUNCT
cblr-8481	310	27	at	at	ADP
cblr-8481	310	28	*	*	PROPN
cblr-8481	310	29	6–7	6–7	NUM
cblr-8481	310	30	(	(	PUNCT
cblr-8481	310	31	d.n.h	d.n.h	PROPN
cblr-8481	310	32	.	.	PUNCT
cblr-8481	310	33	sept	sept	PROPN
cblr-8481	310	34	.	.	PROPN
cblr-8481	310	35	30	30	NUM
cblr-8481	310	36	,	,	PUNCT
cblr-8481	310	37	2009	2009	NUM
cblr-8481	310	38	)	)	PUNCT
cblr-8481	310	39	;	;	PUNCT
cblr-8481	310	40	then	then	ADV
cblr-8481	310	41	citing	cite	VERB
cblr-8481	310	42	in	in	ADP
cblr-8481	310	43	re	re	PROPN
cblr-8481	310	44	nat’l	nat’l	PROPN
cblr-8481	310	45	century	century	PROPN
cblr-8481	310	46	fin	fin	NOUN
cblr-8481	310	47	.	.	PUNCT
cblr-8481	311	1	enters	enter	NOUN
cblr-8481	311	2	.	.	PUNCT
cblr-8481	311	3	,	,	PUNCT
cblr-8481	311	4	inc	inc	PROPN
cblr-8481	311	5	.	.	PROPN
cblr-8481	311	6	,	,	PUNCT
cblr-8481	311	7	inv	inv	PROPN
cblr-8481	311	8	.	.	PUNCT
cblr-8481	312	1	litig	litig	PROPN
cblr-8481	312	2	.	.	PUNCT
cblr-8481	313	1	,	,	PUNCT
cblr-8481	313	2	no	no	INTJ
cblr-8481	313	3	.	.	NOUN
cblr-8481	313	4	03	03	NUM
cblr-8481	313	5	-	-	PUNCT
cblr-8481	313	6	md-1565	md-1565	NOUN
cblr-8481	313	7	,	,	PUNCT
cblr-8481	313	8	2006	2006	NUM
cblr-8481	313	9	wl	wl	NOUN
cblr-8481	313	10	469468	469468	NUM
cblr-8481	313	11	,	,	PUNCT
cblr-8481	313	12	at	at	ADP
cblr-8481	313	13	*	*	NUM
cblr-8481	313	14	21	21	NUM
cblr-8481	313	15	(	(	PUNCT
cblr-8481	313	16	s.d	s.d	PROPN
cblr-8481	313	17	.	.	PROPN
cblr-8481	313	18	ohio	ohio	PROPN
cblr-8481	313	19	feb	feb	PROPN
cblr-8481	313	20	.	.	PROPN
cblr-8481	313	21	27	27	NUM
cblr-8481	313	22	,	,	PUNCT
cblr-8481	313	23	2006	2006	NUM
cblr-8481	313	24	)	)	PUNCT
cblr-8481	313	25	;	;	PUNCT
cblr-8481	313	26	and	and	CCONJ
cblr-8481	313	27	then	then	ADV
cblr-8481	313	28	citing	cite	VERB
cblr-8481	313	29	in	in	ADP
cblr-8481	313	30	re	re	PROPN
cblr-8481	313	31	alstom	alstom	PROPN
cblr-8481	313	32	sa	sa	PROPN
cblr-8481	313	33	,	,	PUNCT
cblr-8481	313	34	406	406	NUM
cblr-8481	313	35	f.	f.	PROPN
cblr-8481	313	36	supp	supp	PROPN
cblr-8481	313	37	.	.	PUNCT
cblr-8481	314	1	2d	2d	NOUN
cblr-8481	314	2	433	433	NUM
cblr-8481	314	3	,	,	PUNCT
cblr-8481	314	4	475	475	NUM
cblr-8481	314	5	(	(	PUNCT
cblr-8481	314	6	s.d.n.y	s.d.n.y	PROPN
cblr-8481	314	7	.	.	PROPN
cblr-8481	314	8	2005	2005	NUM
cblr-8481	314	9	)	)	PUNCT
cblr-8481	314	10	)	)	PUNCT
cblr-8481	314	11	,	,	PUNCT
cblr-8481	314	12	abrogated	abrogate	VERB
cblr-8481	314	13	by	by	ADP
cblr-8481	314	14	lorenzo	lorenzo	PROPN
cblr-8481	314	15	,	,	PUNCT
cblr-8481	314	16	139	139	NUM
cblr-8481	314	17	s.	s.	PROPN
cblr-8481	314	18	ct	ct	PROPN
cblr-8481	314	19	.	.	PROPN
cblr-8481	314	20	1094	1094	NUM
cblr-8481	314	21	.	.	PUNCT
cblr-8481	315	1	59	59	NUM
cblr-8481	315	2	sec	sec	PROPN
cblr-8481	315	3	v.	v.	ADP
cblr-8481	315	4	monterosso	monterosso	NOUN
cblr-8481	315	5	,	,	PUNCT
cblr-8481	315	6	756	756	NUM
cblr-8481	315	7	f.3d	f.3d	NUM
cblr-8481	315	8	1326	1326	NUM
cblr-8481	315	9	,	,	PUNCT
cblr-8481	315	10	1334	1334	NUM
cblr-8481	315	11	(	(	PUNCT
cblr-8481	315	12	11th	11th	ADJ
cblr-8481	315	13	cir	cir	NOUN
cblr-8481	315	14	.	.	PROPN
cblr-8481	315	15	2014	2014	NUM
cblr-8481	315	16	)	)	PUNCT
cblr-8481	315	17	(	(	PUNCT
cblr-8481	315	18	per	per	ADP
cblr-8481	315	19	curiam	curiam	NOUN
cblr-8481	315	20	)	)	PUNCT
cblr-8481	315	21	.	.	PUNCT
cblr-8481	316	1	60	60	NUM
cblr-8481	317	1	i	i	PRON
cblr-8481	317	2	d.	d.	PROPN
cblr-8481	317	3	(	(	PUNCT
cblr-8481	317	4	quoting	quote	VERB
cblr-8481	317	5	affiliated	affiliate	VERB
cblr-8481	317	6	ute	ute	NOUN
cblr-8481	317	7	citizens	citizen	NOUN
cblr-8481	317	8	of	of	ADP
cblr-8481	317	9	utah	utah	PROPN
cblr-8481	317	10	v.	v.	PROPN
cblr-8481	317	11	united	united	PROPN
cblr-8481	317	12	states	states	PROPN
cblr-8481	317	13	,	,	PUNCT
cblr-8481	317	14	406	406	NUM
cblr-8481	317	15	u.s	u.s	PROPN
cblr-8481	317	16	.	.	PROPN
cblr-8481	317	17	128	128	NUM
cblr-8481	317	18	,	,	PUNCT
cblr-8481	317	19	152–52	152–52	NUM
cblr-8481	317	20	(	(	PUNCT
cblr-8481	317	21	1972	1972	NUM
cblr-8481	317	22	)	)	PUNCT
cblr-8481	317	23	)	)	PUNCT
cblr-8481	317	24	.	.	PUNCT
cblr-8481	318	1	61	61	NUM
cblr-8481	318	2	lorenzo	lorenzo	NOUN
cblr-8481	318	3	v.	v.	ADP
cblr-8481	318	4	sec	sec	PROPN
cblr-8481	318	5	,	,	PUNCT
cblr-8481	318	6	872	872	NUM
cblr-8481	318	7	f.3d	f.3d	NUM
cblr-8481	318	8	578	578	NUM
cblr-8481	318	9	,	,	PUNCT
cblr-8481	318	10	589	589	NUM
cblr-8481	318	11	(	(	PUNCT
cblr-8481	318	12	d.c	d.c	PROPN
cblr-8481	318	13	.	.	PROPN
cblr-8481	318	14	cir	cir	PROPN
cblr-8481	318	15	.	.	PROPN
cblr-8481	318	16	2017	2017	NUM
cblr-8481	318	17	)	)	PUNCT
cblr-8481	318	18	(	(	PUNCT
cblr-8481	318	19	second	second	ADJ
cblr-8481	318	20	alteration	alteration	NOUN
cblr-8481	318	21	in	in	ADP
cblr-8481	318	22	original	original	ADJ
cblr-8481	318	23	)	)	PUNCT
cblr-8481	318	24	,	,	PUNCT
cblr-8481	318	25	aff’d	aff’d	VERB
cblr-8481	318	26	,	,	PUNCT
cblr-8481	318	27	139	139	NUM
cblr-8481	318	28	s.	s.	PROPN
cblr-8481	318	29	ct	ct	PROPN
cblr-8481	318	30	.	.	PROPN
cblr-8481	318	31	1094	1094	NUM
cblr-8481	318	32	.	.	PUNCT
cblr-8481	319	1	note	note	VERB
cblr-8481	319	2	lieberman	lieberman	PROPN
cblr-8481	319	3	6/13/2021	6/13/2021	NUM
cblr-8481	319	4	8:45	8:45	NUM
cblr-8481	319	5	pm	pm	NOUN
cblr-8481	319	6	368	368	NUM
cblr-8481	319	7	columbia	columbia	PROPN
cblr-8481	319	8	business	business	NOUN
cblr-8481	319	9	law	law	PROPN
cblr-8481	319	10	review	review	NOUN
cblr-8481	320	1	[	[	X
cblr-8481	320	2	vol	vol	NOUN
cblr-8481	320	3	.	.	PUNCT
cblr-8481	320	4	2021	2021	NUM
cblr-8481	320	5	reason	reason	NOUN
cblr-8481	320	6	.	.	PUNCT
cblr-8481	320	7	.	.	PUNCT
cblr-8481	321	1	.	.	PUNCT
cblr-8481	322	1	to	to	PART
cblr-8481	322	2	treat	treat	VERB
cblr-8481	322	3	the	the	DET
cblr-8481	322	4	various	various	ADJ
cblr-8481	322	5	provisions	provision	NOUN
cblr-8481	322	6	as	as	ADP
cblr-8481	322	7	occupying	occupy	VERB
cblr-8481	322	8	mutually	mutually	ADV
cblr-8481	322	9	exclusive	exclusive	ADJ
cblr-8481	322	10	territory	territory	NOUN
cblr-8481	322	11	,	,	PUNCT
cblr-8481	322	12	such	such	ADJ
cblr-8481	322	13	that	that	DET
cblr-8481	322	14	false	false	ADJ
cblr-8481	322	15	-	-	PUNCT
cblr-8481	322	16	statement	statement	NOUN
cblr-8481	322	17	cases	case	NOUN
cblr-8481	322	18	must	must	AUX
cblr-8481	322	19	reside	reside	VERB
cblr-8481	322	20	exclusively	exclusively	ADV
cblr-8481	322	21	within	within	ADP
cblr-8481	322	22	the	the	DET
cblr-8481	322	23	province	province	NOUN
cblr-8481	322	24	of	of	ADP
cblr-8481	322	25	rule	rule	NOUN
cblr-8481	322	26	10b5(b).”62	10b5(b).”62	NUM
cblr-8481	322	27	this	this	DET
cblr-8481	322	28	question	question	NOUN
cblr-8481	322	29	of	of	ADP
cblr-8481	322	30	whether	whether	SCONJ
cblr-8481	322	31	or	or	CCONJ
cblr-8481	322	32	not	not	PART
cblr-8481	322	33	to	to	PART
cblr-8481	322	34	include	include	VERB
cblr-8481	322	35	misstatements	misstatement	NOUN
cblr-8481	322	36	and	and	CCONJ
cblr-8481	322	37	omissions	omission	NOUN
cblr-8481	322	38	within	within	ADP
cblr-8481	322	39	the	the	DET
cblr-8481	322	40	scope	scope	NOUN
cblr-8481	322	41	of	of	ADP
cblr-8481	322	42	10b-5(a	10b-5(a	NUM
cblr-8481	322	43	)	)	PUNCT
cblr-8481	322	44	and	and	CCONJ
cblr-8481	322	45	(	(	PUNCT
cblr-8481	322	46	c	c	X
cblr-8481	322	47	)	)	PUNCT
cblr-8481	322	48	became	become	VERB
cblr-8481	322	49	the	the	DET
cblr-8481	322	50	crux	crux	NOUN
cblr-8481	322	51	of	of	ADP
cblr-8481	322	52	the	the	DET
cblr-8481	322	53	supreme	supreme	PROPN
cblr-8481	322	54	court	court	PROPN
cblr-8481	322	55	’s	’s	PART
cblr-8481	322	56	inquiry	inquiry	NOUN
cblr-8481	322	57	in	in	ADP
cblr-8481	322	58	lorenzo	lorenzo	PROPN
cblr-8481	322	59	.	.	PUNCT
cblr-8481	323	1	iii	iii	X
cblr-8481	323	2	.	.	PUNCT
cblr-8481	324	1	the	the	DET
cblr-8481	324	2	lorenzo	lorenzo	PROPN
cblr-8481	324	3	decision	decision	NOUN
cblr-8481	324	4	a.	a.	NOUN
cblr-8481	324	5	facts	fact	NOUN
cblr-8481	324	6	of	of	ADP
cblr-8481	324	7	lorenzo	lorenzo	NOUN
cblr-8481	324	8	v.	v.	ADP
cblr-8481	324	9	sec	sec	PROPN
cblr-8481	324	10	and	and	CCONJ
cblr-8481	324	11	lower	low	ADJ
cblr-8481	324	12	court	court	NOUN
cblr-8481	324	13	decisions	decision	NOUN
cblr-8481	324	14	francis	francis	PROPN
cblr-8481	324	15	lorenzo	lorenzo	PROPN
cblr-8481	324	16	was	be	AUX
cblr-8481	324	17	the	the	DET
cblr-8481	324	18	investment	investment	NOUN
cblr-8481	324	19	banking	banking	NOUN
cblr-8481	324	20	director	director	NOUN
cblr-8481	324	21	at	at	ADP
cblr-8481	324	22	charles	charles	PROPN
cblr-8481	324	23	vista	vista	PROPN
cblr-8481	324	24	llc	llc	PROPN
cblr-8481	324	25	,	,	PUNCT
cblr-8481	324	26	a	a	DET
cblr-8481	324	27	registered	register	VERB
cblr-8481	324	28	broker	broker	NOUN
cblr-8481	324	29	-	-	PUNCT
cblr-8481	324	30	dealer	dealer	NOUN
cblr-8481	324	31	in	in	ADP
cblr-8481	324	32	staten	staten	PROPN
cblr-8481	324	33	island	island	NOUN
cblr-8481	324	34	whose	whose	DET
cblr-8481	324	35	only	only	ADJ
cblr-8481	324	36	client	client	NOUN
cblr-8481	324	37	during	during	ADP
cblr-8481	324	38	the	the	DET
cblr-8481	324	39	relevant	relevant	ADJ
cblr-8481	324	40	timeframe	timeframe	NOUN
cblr-8481	324	41	was	be	AUX
cblr-8481	324	42	waste2energy	waste2energy	PROPN
cblr-8481	324	43	holdings	holding	NOUN
cblr-8481	324	44	,	,	PUNCT
cblr-8481	324	45	a	a	DET
cblr-8481	324	46	company	company	NOUN
cblr-8481	324	47	attempting	attempt	VERB
cblr-8481	324	48	to	to	PART
cblr-8481	324	49	develop	develop	VERB
cblr-8481	324	50	technology	technology	NOUN
cblr-8481	324	51	that	that	PRON
cblr-8481	324	52	would	would	AUX
cblr-8481	324	53	“	"	PUNCT
cblr-8481	324	54	convert	convert	VERB
cblr-8481	324	55	‘	'	PUNCT
cblr-8481	324	56	solid	solid	ADJ
cblr-8481	324	57	waste	waste	NOUN
cblr-8481	324	58	’	'	PUNCT
cblr-8481	324	59	into	into	ADP
cblr-8481	324	60	‘	'	PUNCT
cblr-8481	324	61	clean	clean	ADJ
cblr-8481	324	62	renewable	renewable	ADJ
cblr-8481	324	63	energy	energy	NOUN
cblr-8481	324	64	.	.	PUNCT
cblr-8481	324	65	’”63	’”63	VERB
cblr-8481	324	66	nearly	nearly	ADV
cblr-8481	324	67	the	the	DET
cblr-8481	324	68	entire	entire	ADJ
cblr-8481	324	69	valuation	valuation	NOUN
cblr-8481	324	70	of	of	ADP
cblr-8481	324	71	waste2energy	waste2energy	PROPN
cblr-8481	324	72	was	be	AUX
cblr-8481	324	73	dependent	dependent	ADJ
cblr-8481	324	74	on	on	ADP
cblr-8481	324	75	this	this	DET
cblr-8481	324	76	technology	technology	NOUN
cblr-8481	324	77	:	:	PUNCT
cblr-8481	324	78	in	in	ADP
cblr-8481	324	79	june	june	PROPN
cblr-8481	324	80	2009	2009	NUM
cblr-8481	324	81	,	,	PUNCT
cblr-8481	324	82	the	the	DET
cblr-8481	324	83	company	company	NOUN
cblr-8481	324	84	valued	value	VERB
cblr-8481	324	85	its	its	PRON
cblr-8481	324	86	assets	asset	NOUN
cblr-8481	324	87	at	at	ADP
cblr-8481	324	88	$	$	SYM
cblr-8481	324	89	14	14	NUM
cblr-8481	324	90	million	million	NUM
cblr-8481	324	91	,	,	PUNCT
cblr-8481	324	92	including	include	VERB
cblr-8481	324	93	$	$	SYM
cblr-8481	324	94	10	10	NUM
cblr-8481	324	95	million	million	NUM
cblr-8481	324	96	attributed	attribute	VERB
cblr-8481	324	97	to	to	ADP
cblr-8481	324	98	intangible	intangible	ADJ
cblr-8481	324	99	assets	asset	NOUN
cblr-8481	324	100	(	(	PUNCT
cblr-8481	324	101	its	its	PRON
cblr-8481	324	102	intellectual	intellectual	ADJ
cblr-8481	324	103	property).64	property).64	NOUN
cblr-8481	324	104	“	"	PUNCT
cblr-8481	324	105	lorenzo	lorenzo	PROPN
cblr-8481	324	106	was	be	AUX
cblr-8481	324	107	skeptical	skeptical	ADJ
cblr-8481	324	108	of	of	ADP
cblr-8481	324	109	this	this	DET
cblr-8481	324	110	valuation	valuation	NOUN
cblr-8481	324	111	”	"	PUNCT
cblr-8481	324	112	because	because	SCONJ
cblr-8481	324	113	the	the	DET
cblr-8481	324	114	technology	technology	NOUN
cblr-8481	324	115	“	"	PUNCT
cblr-8481	324	116	did	do	VERB
cblr-8481	324	117	n’t	not	PART
cblr-8481	324	118	really	really	ADV
cblr-8481	324	119	work	work	VERB
cblr-8481	324	120	,	,	PUNCT
cblr-8481	324	121	”	"	PUNCT
cblr-8481	324	122	and	and	CCONJ
cblr-8481	324	123	the	the	DET
cblr-8481	324	124	intellectual	intellectual	ADJ
cblr-8481	324	125	property	property	NOUN
cblr-8481	324	126	therefore	therefore	ADV
cblr-8481	324	127	was	be	AUX
cblr-8481	324	128	a	a	DET
cblr-8481	324	129	“	"	PUNCT
cblr-8481	324	130	dead	dead	ADJ
cblr-8481	324	131	asset	asset	NOUN
cblr-8481	324	132	.	.	PUNCT
cblr-8481	325	1	”65	”65	NOUN
cblr-8481	325	2	during	during	ADP
cblr-8481	325	3	the	the	DET
cblr-8481	325	4	summer	summer	NOUN
cblr-8481	325	5	of	of	ADP
cblr-8481	325	6	2009	2009	NUM
cblr-8481	325	7	,	,	PUNCT
cblr-8481	325	8	waste2energy	waste2energy	PROPN
cblr-8481	325	9	hired	hire	VERB
cblr-8481	325	10	charles	charles	PROPN
cblr-8481	325	11	vista	vista	VERB
cblr-8481	325	12	to	to	PART
cblr-8481	325	13	sell	sell	VERB
cblr-8481	325	14	$	$	SYM
cblr-8481	325	15	15	15	NUM
cblr-8481	325	16	million	million	NUM
cblr-8481	325	17	worth	worth	NOUN
cblr-8481	325	18	of	of	ADP
cblr-8481	325	19	debt	debt	NOUN
cblr-8481	325	20	to	to	ADP
cblr-8481	325	21	investors,66	investors,66	NOUN
cblr-8481	325	22	which	which	PRON
cblr-8481	325	23	became	become	VERB
cblr-8481	325	24	a	a	DET
cblr-8481	325	25	difficult	difficult	ADJ
cblr-8481	325	26	proposition	proposition	NOUN
cblr-8481	325	27	when	when	SCONJ
cblr-8481	325	28	waste2energy	waste2energy	PROPN
cblr-8481	325	29	announced	announce	VERB
cblr-8481	325	30	in	in	ADP
cblr-8481	325	31	a	a	DET
cblr-8481	325	32	form	form	NOUN
cblr-8481	325	33	8	8	NUM
cblr-8481	325	34	-	-	PUNCT
cblr-8481	325	35	k	k	NOUN
cblr-8481	325	36	on	on	ADP
cblr-8481	325	37	october	october	PROPN
cblr-8481	325	38	1	1	NUM
cblr-8481	325	39	that	that	SCONJ
cblr-8481	325	40	its	its	PRON
cblr-8481	325	41	technology	technology	NOUN
cblr-8481	325	42	had	have	AUX
cblr-8481	325	43	failed	fail	VERB
cblr-8481	325	44	,	,	PUNCT
cblr-8481	325	45	meaning	mean	VERB
cblr-8481	325	46	its	its	PRON
cblr-8481	325	47	intangible	intangible	ADJ
cblr-8481	325	48	assets	asset	NOUN
cblr-8481	325	49	were	be	AUX
cblr-8481	325	50	essentially	essentially	ADV
cblr-8481	325	51	worthless.67	worthless.67	VERB
cblr-8481	325	52	nevertheless	nevertheless	ADV
cblr-8481	325	53	,	,	PUNCT
cblr-8481	325	54	francis	francis	PROPN
cblr-8481	325	55	lorenzo	lorenzo	PROPN
cblr-8481	325	56	’s	’s	PART
cblr-8481	325	57	(	(	PUNCT
cblr-8481	325	58	unrelated	unrelated	ADJ
cblr-8481	325	59	)	)	PUNCT
cblr-8481	325	60	boss	boss	NOUN
cblr-8481	325	61	62	62	NUM
cblr-8481	325	62	i	i	PRON
cblr-8481	325	63	d.	d.	PROPN
cblr-8481	325	64	at	at	ADP
cblr-8481	325	65	591	591	NUM
cblr-8481	325	66	.	.	PUNCT
cblr-8481	326	1	63	63	NUM
cblr-8481	326	2	lorenzo	lorenzo	NOUN
cblr-8481	326	3	,	,	PUNCT
cblr-8481	326	4	139	139	NUM
cblr-8481	326	5	s.	s.	PROPN
cblr-8481	326	6	ct	ct	PROPN
cblr-8481	326	7	.	.	PUNCT
cblr-8481	327	1	at	at	ADP
cblr-8481	327	2	1099	1099	NUM
cblr-8481	327	3	.	.	PUNCT
cblr-8481	328	1	64	64	NUM
cblr-8481	328	2	i	i	PRON
cblr-8481	328	3	d.	d.	PROPN
cblr-8481	328	4	65	65	NUM
cblr-8481	329	1	i	i	PRON
cblr-8481	329	2	d.	d.	PROPN
cblr-8481	329	3	(	(	PUNCT
cblr-8481	329	4	internal	internal	ADJ
cblr-8481	329	5	quotation	quotation	NOUN
cblr-8481	329	6	marks	mark	NOUN
cblr-8481	329	7	omitted	omit	VERB
cblr-8481	329	8	)	)	PUNCT
cblr-8481	329	9	.	.	PUNCT
cblr-8481	330	1	one	one	NUM
cblr-8481	330	2	pair	pair	NOUN
cblr-8481	330	3	of	of	ADP
cblr-8481	330	4	commentators	commentator	NOUN
cblr-8481	330	5	likened	liken	VERB
cblr-8481	330	6	the	the	DET
cblr-8481	330	7	technology	technology	NOUN
cblr-8481	330	8	to	to	ADP
cblr-8481	330	9	“	"	PUNCT
cblr-8481	330	10	modern	modern	ADJ
cblr-8481	330	11	day	day	NOUN
cblr-8481	330	12	alchemy	alchemy	NOUN
cblr-8481	330	13	.	.	PUNCT
cblr-8481	330	14	”	"	PUNCT
cblr-8481	331	1	turk	turk	PROPN
cblr-8481	331	2	&	&	CCONJ
cblr-8481	331	3	woody	woody	PROPN
cblr-8481	331	4	,	,	PUNCT
cblr-8481	331	5	supra	supra	PROPN
cblr-8481	331	6	note	note	NOUN
cblr-8481	331	7	3	3	NUM
cblr-8481	331	8	,	,	PUNCT
cblr-8481	331	9	at	at	ADP
cblr-8481	331	10	200	200	NUM
cblr-8481	331	11	.	.	PUNCT
cblr-8481	332	1	66	66	NUM
cblr-8481	332	2	lorenzo	lorenzo	NOUN
cblr-8481	332	3	,	,	PUNCT
cblr-8481	332	4	139	139	NUM
cblr-8481	332	5	s.	s.	PROPN
cblr-8481	332	6	ct	ct	PROPN
cblr-8481	332	7	.	.	PUNCT
cblr-8481	333	1	at	at	ADP
cblr-8481	333	2	1099	1099	NUM
cblr-8481	333	3	67	67	NUM
cblr-8481	333	4	turk	turk	PROPN
cblr-8481	333	5	&	&	CCONJ
cblr-8481	333	6	woody	woody	PROPN
cblr-8481	333	7	,	,	PUNCT
cblr-8481	333	8	supra	supra	PROPN
cblr-8481	333	9	note	note	NOUN
cblr-8481	333	10	3	3	NUM
cblr-8481	333	11	,	,	PUNCT
cblr-8481	333	12	at	at	ADP
cblr-8481	333	13	200	200	NUM
cblr-8481	333	14	&	&	CCONJ
cblr-8481	333	15	n.31	n.31	PROPN
cblr-8481	333	16	.	.	PUNCT
cblr-8481	334	1	a	a	DET
cblr-8481	334	2	form	form	NOUN
cblr-8481	334	3	8	8	NUM
cblr-8481	334	4	-	-	SYM
cblr-8481	334	5	k	k	PROPN
cblr-8481	334	6	is	be	AUX
cblr-8481	334	7	a	a	DET
cblr-8481	334	8	“	"	PUNCT
cblr-8481	334	9	‘	'	PUNCT
cblr-8481	334	10	current	current	ADJ
cblr-8481	334	11	report	report	NOUN
cblr-8481	334	12	’	'	PUNCT
cblr-8481	334	13	companies	company	NOUN
cblr-8481	334	14	must	must	AUX
cblr-8481	334	15	file	file	VERB
cblr-8481	334	16	with	with	ADP
cblr-8481	334	17	the	the	DET
cblr-8481	334	18	sec	sec	PROPN
cblr-8481	334	19	to	to	PART
cblr-8481	334	20	announce	announce	VERB
cblr-8481	334	21	major	major	ADJ
cblr-8481	334	22	events	event	NOUN
cblr-8481	334	23	that	that	PRON
cblr-8481	334	24	shareholders	shareholder	NOUN
cblr-8481	334	25	should	should	AUX
cblr-8481	334	26	know	know	VERB
cblr-8481	334	27	about	about	ADP
cblr-8481	334	28	.	.	PUNCT
cblr-8481	334	29	”	"	PUNCT
cblr-8481	335	1	fast	fast	ADJ
cblr-8481	335	2	answers	answer	NOUN
cblr-8481	335	3	:	:	PUNCT
cblr-8481	335	4	form	form	NOUN
cblr-8481	335	5	8	8	NUM
cblr-8481	335	6	-	-	SYM
cblr-8481	335	7	k	k	NOUN
cblr-8481	335	8	,	,	PUNCT
cblr-8481	335	9	u.s	u.s	PROPN
cblr-8481	335	10	.	.	PROPN
cblr-8481	335	11	sec	sec	PROPN
cblr-8481	335	12	.	.	PROPN
cblr-8481	335	13	&	&	CCONJ
cblr-8481	335	14	note	note	PROPN
cblr-8481	335	15	–	–	PUNCT
cblr-8481	335	16	lieberman	lieberman	PROPN
cblr-8481	335	17	6/13/2021	6/13/2021	NUM
cblr-8481	335	18	8:45	8:45	NUM
cblr-8481	335	19	pm	pm	NOUN
cblr-8481	335	20	no	no	INTJ
cblr-8481	335	21	.	.	PUNCT
cblr-8481	336	1	1:352	1:352	NUM
cblr-8481	336	2	]	]	X
cblr-8481	336	3	lorenzo	lorenzo	PROPN
cblr-8481	336	4	v.	v.	ADP
cblr-8481	336	5	sec	sec	PROPN
cblr-8481	336	6	and	and	CCONJ
cblr-8481	336	7	the	the	DET
cblr-8481	336	8	expansion	expansion	NOUN
cblr-8481	336	9	of	of	ADP
cblr-8481	336	10	scheme	scheme	NOUN
cblr-8481	336	11	liability	liability	NOUN
cblr-8481	336	12	369	369	NUM
cblr-8481	336	13	gregg	gregg	NOUN
cblr-8481	336	14	lorenzo	lorenzo	PROPN
cblr-8481	336	15	drafted	draft	VERB
cblr-8481	336	16	an	an	DET
cblr-8481	336	17	email	email	NOUN
cblr-8481	336	18	on	on	ADP
cblr-8481	336	19	october	october	PROPN
cblr-8481	336	20	14	14	NUM
cblr-8481	336	21	to	to	PART
cblr-8481	336	22	be	be	AUX
cblr-8481	336	23	sent	send	VERB
cblr-8481	336	24	to	to	ADP
cblr-8481	336	25	two	two	NUM
cblr-8481	336	26	potential	potential	ADJ
cblr-8481	336	27	investors	investor	NOUN
cblr-8481	336	28	stating	state	VERB
cblr-8481	336	29	that	that	SCONJ
cblr-8481	336	30	an	an	DET
cblr-8481	336	31	investment	investment	NOUN
cblr-8481	336	32	in	in	ADP
cblr-8481	336	33	waste2energy	waste2energy	PROPN
cblr-8481	336	34	would	would	AUX
cblr-8481	336	35	have	have	VERB
cblr-8481	336	36	three	three	NUM
cblr-8481	336	37	layers	layer	NOUN
cblr-8481	336	38	of	of	ADP
cblr-8481	336	39	protection	protection	NOUN
cblr-8481	336	40	,	,	PUNCT
cblr-8481	336	41	including	include	VERB
cblr-8481	336	42	$	$	SYM
cblr-8481	336	43	10	10	NUM
cblr-8481	336	44	million	million	NUM
cblr-8481	336	45	in	in	ADP
cblr-8481	336	46	“	"	PUNCT
cblr-8481	336	47	confirmed	confirm	VERB
cblr-8481	336	48	assets	asset	NOUN
cblr-8481	336	49	.	.	PUNCT
cblr-8481	337	1	”68	”68	NOUN
cblr-8481	337	2	the	the	DET
cblr-8481	337	3	email	email	NOUN
cblr-8481	337	4	was	be	AUX
cblr-8481	337	5	drafted	draft	VERB
cblr-8481	337	6	in	in	ADP
cblr-8481	337	7	francis	francis	PROPN
cblr-8481	337	8	lorenzo	lorenzo	PROPN
cblr-8481	337	9	’s	’s	PART
cblr-8481	337	10	name	name	NOUN
cblr-8481	337	11	,	,	PUNCT
cblr-8481	337	12	included	include	VERB
cblr-8481	337	13	his	his	PRON
cblr-8481	337	14	title	title	NOUN
cblr-8481	337	15	,	,	PUNCT
cblr-8481	337	16	and	and	CCONJ
cblr-8481	337	17	“	"	PUNCT
cblr-8481	337	18	also	also	ADV
cblr-8481	337	19	included	include	VERB
cblr-8481	337	20	text	text	NOUN
cblr-8481	337	21	indicating	indicate	VERB
cblr-8481	337	22	that	that	SCONJ
cblr-8481	337	23	the	the	DET
cblr-8481	337	24	recipients	recipient	NOUN
cblr-8481	337	25	should	should	AUX
cblr-8481	337	26	contact	contact	VERB
cblr-8481	337	27	[	[	X
cblr-8481	337	28	francis	francis	X
cblr-8481	337	29	]	]	X
cblr-8481	337	30	lorenzo	lorenzo	VERB
cblr-8481	337	31	with	with	ADP
cblr-8481	337	32	any	any	DET
cblr-8481	337	33	questions	question	NOUN
cblr-8481	337	34	.	.	PUNCT
cblr-8481	338	1	”69	”69	PROPN
cblr-8481	338	2	francis	francis	PROPN
cblr-8481	338	3	lorenzo	lorenzo	PROPN
cblr-8481	338	4	sent	send	VERB
cblr-8481	338	5	the	the	DET
cblr-8481	338	6	emails	email	NOUN
cblr-8481	338	7	later	later	ADV
cblr-8481	338	8	that	that	SCONJ
cblr-8481	338	9	day.70	day.70	PROPN
cblr-8481	338	10	the	the	DET
cblr-8481	338	11	sec	sec	PROPN
cblr-8481	338	12	brought	bring	VERB
cblr-8481	338	13	civil	civil	ADJ
cblr-8481	338	14	enforcement	enforcement	NOUN
cblr-8481	338	15	actions	action	NOUN
cblr-8481	338	16	against	against	ADP
cblr-8481	338	17	francis	francis	PROPN
cblr-8481	338	18	lorenzo	lorenzo	PROPN
cblr-8481	338	19	,	,	PUNCT
cblr-8481	338	20	gregg	gregg	PROPN
cblr-8481	338	21	lorenzo	lorenzo	PROPN
cblr-8481	338	22	,	,	PUNCT
cblr-8481	338	23	and	and	CCONJ
cblr-8481	338	24	charles	charles	PROPN
cblr-8481	338	25	vista	vista	PROPN
cblr-8481	338	26	llc	llc	PROPN
cblr-8481	338	27	for	for	ADP
cblr-8481	338	28	violations	violation	NOUN
cblr-8481	338	29	of	of	ADP
cblr-8481	338	30	section	section	NOUN
cblr-8481	338	31	10(b	10(b	NUM
cblr-8481	338	32	)	)	PUNCT
cblr-8481	338	33	and	and	CCONJ
cblr-8481	338	34	rule	rule	VERB
cblr-8481	338	35	10b-5	10b-5	NUM
cblr-8481	338	36	based	base	VERB
cblr-8481	338	37	on	on	ADP
cblr-8481	338	38	these	these	DET
cblr-8481	338	39	misstatements.71	misstatements.71	NOUN
cblr-8481	338	40	while	while	SCONJ
cblr-8481	338	41	gregg	gregg	PROPN
cblr-8481	338	42	lorenzo	lorenzo	PROPN
cblr-8481	338	43	and	and	CCONJ
cblr-8481	338	44	charles	charles	PROPN
cblr-8481	338	45	vista	vista	PROPN
cblr-8481	338	46	both	both	PRON
cblr-8481	338	47	settled	settle	VERB
cblr-8481	338	48	with	with	ADP
cblr-8481	338	49	the	the	DET
cblr-8481	338	50	sec	sec	PROPN
cblr-8481	338	51	,	,	PUNCT
cblr-8481	338	52	francis	francis	PROPN
cblr-8481	338	53	lorenzo	lorenzo	PROPN
cblr-8481	338	54	did	do	VERB
cblr-8481	338	55	not	not	PART
cblr-8481	338	56	,	,	PUNCT
cblr-8481	338	57	and	and	CCONJ
cblr-8481	338	58	his	his	PRON
cblr-8481	338	59	case	case	NOUN
cblr-8481	338	60	was	be	AUX
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cblr-8481	338	62	before	before	ADP
cblr-8481	338	63	an	an	DET
cblr-8481	338	64	sec	sec	PROPN
cblr-8481	338	65	administrative	administrative	ADJ
cblr-8481	338	66	law	law	NOUN
cblr-8481	338	67	judge	judge	NOUN
cblr-8481	338	68	(	(	PUNCT
cblr-8481	338	69	alj	alj	PROPN
cblr-8481	338	70	)	)	PUNCT
cblr-8481	338	71	and	and	CCONJ
cblr-8481	338	72	thereafter	thereafter	ADV
cblr-8481	338	73	the	the	DET
cblr-8481	338	74	sec	sec	PROPN
cblr-8481	338	75	board	board	NOUN
cblr-8481	338	76	of	of	ADP
cblr-8481	338	77	commissioners	commissioner	NOUN
cblr-8481	338	78	prior	prior	ADV
cblr-8481	338	79	to	to	ADP
cblr-8481	338	80	its	its	PRON
cblr-8481	338	81	appeal	appeal	NOUN
cblr-8481	338	82	to	to	ADP
cblr-8481	338	83	the	the	DET
cblr-8481	338	84	d.c	d.c	PROPN
cblr-8481	338	85	.	.	PUNCT
cblr-8481	338	86	circuit.72	circuit.72	PROPN
cblr-8481	338	87	exch	exch	PROPN
cblr-8481	338	88	.	.	PUNCT
cblr-8481	339	1	comm’n	comm’n	X
cblr-8481	339	2	,	,	PUNCT
cblr-8481	340	1	https://www.sec.gov/fast-answers/answersform8khtm.html	https://www.sec.gov/fast-answers/answersform8khtm.html	PROPN
cblr-8481	340	2	[	[	X
cblr-8481	340	3	https://perma.cc/ydw9-vybd	https://perma.cc/ydw9-vybd	X
cblr-8481	340	4	]	]	X
cblr-8481	340	5	(	(	PUNCT
cblr-8481	340	6	last	last	ADJ
cblr-8481	340	7	updated	update	VERB
cblr-8481	340	8	aug	aug	PROPN
cblr-8481	340	9	.	.	PROPN
cblr-8481	340	10	10	10	NUM
cblr-8481	340	11	,	,	PUNCT
cblr-8481	340	12	2012	2012	NUM
cblr-8481	340	13	)	)	PUNCT
cblr-8481	340	14	;	;	PUNCT
cblr-8481	340	15	see	see	VERB
cblr-8481	340	16	also	also	ADV
cblr-8481	340	17	17	17	NUM
cblr-8481	340	18	c.f.r	c.f.r	NOUN
cblr-8481	340	19	.	.	PUNCT
cblr-8481	341	1	§	§	PROPN
cblr-8481	341	2	249.308	249.308	NUM
cblr-8481	341	3	(	(	PUNCT
cblr-8481	341	4	2020	2020	NUM
cblr-8481	341	5	)	)	PUNCT
cblr-8481	341	6	(	(	PUNCT
cblr-8481	341	7	describing	describe	VERB
cblr-8481	341	8	the	the	DET
cblr-8481	341	9	purpose	purpose	NOUN
cblr-8481	341	10	of	of	ADP
cblr-8481	341	11	the	the	DET
cblr-8481	341	12	form	form	NOUN
cblr-8481	341	13	)	)	PUNCT
cblr-8481	341	14	.	.	PUNCT
cblr-8481	342	1	in	in	ADP
cblr-8481	342	2	its	its	PRON
cblr-8481	342	3	form	form	NOUN
cblr-8481	342	4	8k	8k	NOUN
cblr-8481	342	5	,	,	PUNCT
cblr-8481	342	6	waste2energy	waste2energy	PROPN
cblr-8481	342	7	announced	announce	VERB
cblr-8481	342	8	that	that	SCONJ
cblr-8481	342	9	its	its	PRON
cblr-8481	342	10	assets	asset	NOUN
cblr-8481	342	11	as	as	ADP
cblr-8481	342	12	a	a	DET
cblr-8481	342	13	whole	whole	NOUN
cblr-8481	342	14	were	be	AUX
cblr-8481	342	15	worth	worth	ADJ
cblr-8481	342	16	only	only	ADV
cblr-8481	342	17	$	$	SYM
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cblr-8481	342	19	.	.	PUNCT
cblr-8481	343	1	lorenzo	lorenzo	PROPN
cblr-8481	343	2	,	,	PUNCT
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cblr-8481	343	4	s.	s.	PROPN
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cblr-8481	343	6	.	.	PUNCT
cblr-8481	344	1	at	at	ADP
cblr-8481	344	2	1099	1099	NUM
cblr-8481	344	3	.	.	PUNCT
cblr-8481	345	1	68	68	NUM
cblr-8481	345	2	turk	turk	PROPN
cblr-8481	345	3	&	&	CCONJ
cblr-8481	345	4	woody	woody	PROPN
cblr-8481	345	5	,	,	PUNCT
cblr-8481	345	6	supra	supra	PROPN
cblr-8481	345	7	note	note	NOUN
cblr-8481	345	8	2	2	NUM
cblr-8481	345	9	,	,	PUNCT
cblr-8481	345	10	at	at	ADP
cblr-8481	345	11	200–01	200–01	PROPN
cblr-8481	345	12	(	(	PUNCT
cblr-8481	345	13	emphasis	emphasis	NOUN
cblr-8481	345	14	deleted	delete	VERB
cblr-8481	345	15	)	)	PUNCT
cblr-8481	345	16	(	(	PUNCT
cblr-8481	345	17	quoting	quote	VERB
cblr-8481	345	18	gregg	gregg	PROPN
cblr-8481	345	19	c.	c.	PROPN
cblr-8481	345	20	lorenzo	lorenzo	PROPN
cblr-8481	345	21	,	,	PUNCT
cblr-8481	345	22	sec	sec	PROPN
cblr-8481	345	23	release	release	VERB
cblr-8481	345	24	no	no	NOUN
cblr-8481	345	25	.	.	PROPN
cblr-8481	345	26	544	544	NUM
cblr-8481	345	27	,	,	PUNCT
cblr-8481	345	28	2013	2013	NUM
cblr-8481	345	29	wl	wl	NOUN
cblr-8481	345	30	6858820	6858820	NUM
cblr-8481	345	31	,	,	PUNCT
cblr-8481	345	32	at	at	ADP
cblr-8481	345	33	*	*	NOUN
cblr-8481	345	34	4	4	NUM
cblr-8481	345	35	(	(	PUNCT
cblr-8481	345	36	alj	alj	PROPN
cblr-8481	345	37	dec	dec	PROPN
cblr-8481	345	38	.	.	PROPN
cblr-8481	345	39	13	13	NUM
cblr-8481	345	40	,	,	PUNCT
cblr-8481	345	41	2013	2013	NUM
cblr-8481	345	42	)	)	PUNCT
cblr-8481	345	43	,	,	PUNCT
cblr-8481	345	44	aff’d	aff’d	X
cblr-8481	345	45	sub	sub	PROPN
cblr-8481	345	46	nom	nom	PROPN
cblr-8481	345	47	.	.	PROPN
cblr-8481	346	1	francis	francis	PROPN
cblr-8481	346	2	v.	v.	PROPN
cblr-8481	346	3	lorenzo	lorenzo	PROPN
cblr-8481	346	4	,	,	PUNCT
cblr-8481	346	5	exchange	exchange	NOUN
cblr-8481	346	6	act	act	NOUN
cblr-8481	346	7	release	release	VERB
cblr-8481	346	8	no	no	NOUN
cblr-8481	346	9	.	.	NOUN
cblr-8481	346	10	74,836	74,836	NUM
cblr-8481	346	11	,	,	PUNCT
cblr-8481	346	12	2015	2015	NUM
cblr-8481	346	13	wl	wl	NOUN
cblr-8481	346	14	1927763	1927763	NUM
cblr-8481	346	15	(	(	PUNCT
cblr-8481	346	16	apr	apr	PROPN
cblr-8481	346	17	.	.	PROPN
cblr-8481	346	18	29	29	NUM
cblr-8481	346	19	,	,	PUNCT
cblr-8481	346	20	2015	2015	NUM
cblr-8481	346	21	)	)	PUNCT
cblr-8481	346	22	,	,	PUNCT
cblr-8481	346	23	aff’d	aff’d	VERB
cblr-8481	346	24	in	in	ADP
cblr-8481	346	25	part	part	NOUN
cblr-8481	346	26	and	and	CCONJ
cblr-8481	346	27	vacated	vacate	VERB
cblr-8481	346	28	in	in	ADP
cblr-8481	346	29	part	part	PROPN
cblr-8481	346	30	sub	sub	PROPN
cblr-8481	346	31	nom	nom	PROPN
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cblr-8481	346	33	lorenzo	lorenzo	PROPN
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cblr-8481	346	35	sec	sec	PROPN
cblr-8481	346	36	,	,	PUNCT
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cblr-8481	346	41	d.c	d.c	PROPN
cblr-8481	346	42	.	.	PROPN
cblr-8481	346	43	cir	cir	PROPN
cblr-8481	346	44	.	.	PROPN
cblr-8481	346	45	2017	2017	NUM
cblr-8481	346	46	)	)	PUNCT
cblr-8481	346	47	,	,	PUNCT
cblr-8481	346	48	aff’d	aff’d	VERB
cblr-8481	346	49	,	,	PUNCT
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cblr-8481	346	51	s.	s.	PROPN
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cblr-8481	346	53	.	.	PROPN
cblr-8481	346	54	1039	1039	NUM
cblr-8481	346	55	)	)	PUNCT
cblr-8481	346	56	.	.	PUNCT
cblr-8481	347	1	69	69	NUM
cblr-8481	348	1	i	i	PRON
cblr-8481	348	2	d.	d.	PROPN
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cblr-8481	348	5	(	(	PUNCT
cblr-8481	348	6	citing	cite	VERB
cblr-8481	348	7	gregg	gregg	PROPN
cblr-8481	348	8	c.	c.	PROPN
cblr-8481	348	9	lorenzo	lorenzo	PROPN
cblr-8481	348	10	,	,	PUNCT
cblr-8481	348	11	2013	2013	NUM
cblr-8481	348	12	wl	wl	NOUN
cblr-8481	348	13	6858820	6858820	NUM
cblr-8481	348	14	,	,	PUNCT
cblr-8481	348	15	at	at	ADP
cblr-8481	348	16	*	*	NOUN
cblr-8481	348	17	4	4	NUM
cblr-8481	348	18	)	)	PUNCT
cblr-8481	348	19	.	.	PUNCT
cblr-8481	349	1	70	70	NUM
cblr-8481	350	1	i	i	PRON
cblr-8481	350	2	d.	d.	PROPN
cblr-8481	350	3	(	(	PUNCT
cblr-8481	350	4	citing	cite	VERB
cblr-8481	350	5	gregg	gregg	PROPN
cblr-8481	350	6	c.	c.	PROPN
cblr-8481	350	7	lorenzo	lorenzo	PROPN
cblr-8481	350	8	,	,	PUNCT
cblr-8481	350	9	2013	2013	NUM
cblr-8481	350	10	wl	wl	NOUN
cblr-8481	350	11	6858820	6858820	NUM
cblr-8481	350	12	,	,	PUNCT
cblr-8481	350	13	at	at	ADP
cblr-8481	350	14	*	*	NOUN
cblr-8481	350	15	4	4	NUM
cblr-8481	350	16	)	)	PUNCT
cblr-8481	350	17	.	.	PUNCT
cblr-8481	351	1	despite	despite	SCONJ
cblr-8481	351	2	the	the	DET
cblr-8481	351	3	case	case	NOUN
cblr-8481	351	4	’s	’s	PART
cblr-8481	351	5	long	long	ADJ
cblr-8481	351	6	path	path	NOUN
cblr-8481	351	7	to	to	ADP
cblr-8481	351	8	the	the	DET
cblr-8481	351	9	supreme	supreme	PROPN
cblr-8481	351	10	court	court	PROPN
cblr-8481	351	11	,	,	PUNCT
cblr-8481	351	12	lorenzo	lorenzo	PROPN
cblr-8481	351	13	ended	end	VERB
cblr-8481	351	14	up	up	ADP
cblr-8481	351	15	only	only	ADV
cblr-8481	351	16	making	make	VERB
cblr-8481	351	17	$	$	SYM
cblr-8481	351	18	150	150	NUM
cblr-8481	351	19	off	off	ADP
cblr-8481	351	20	of	of	ADP
cblr-8481	351	21	the	the	DET
cblr-8481	351	22	misstatements	misstatement	NOUN
cblr-8481	351	23	made	make	VERB
cblr-8481	351	24	in	in	ADP
cblr-8481	351	25	the	the	DET
cblr-8481	351	26	emails	email	NOUN
cblr-8481	351	27	;	;	PUNCT
cblr-8481	351	28	one	one	NUM
cblr-8481	351	29	of	of	ADP
cblr-8481	351	30	the	the	DET
cblr-8481	351	31	email	email	NOUN
cblr-8481	351	32	recipients	recipient	NOUN
cblr-8481	351	33	ended	end	VERB
cblr-8481	351	34	up	up	ADP
cblr-8481	351	35	not	not	PART
cblr-8481	351	36	investing	invest	VERB
cblr-8481	351	37	and	and	CCONJ
cblr-8481	351	38	“	"	PUNCT
cblr-8481	351	39	may	may	AUX
cblr-8481	351	40	have	have	AUX
cblr-8481	351	41	never	never	ADV
cblr-8481	351	42	opened	open	VERB
cblr-8481	351	43	the	the	DET
cblr-8481	351	44	email	email	NOUN
cblr-8481	351	45	,	,	PUNCT
cblr-8481	351	46	”	"	PUNCT
cblr-8481	351	47	while	while	SCONJ
cblr-8481	351	48	the	the	DET
cblr-8481	351	49	other	other	ADJ
cblr-8481	351	50	invested	invest	VERB
cblr-8481	351	51	$	$	SYM
cblr-8481	351	52	15,000	15,000	NUM
cblr-8481	351	53	in	in	ADP
cblr-8481	351	54	acquiring	acquire	VERB
cblr-8481	351	55	the	the	DET
cblr-8481	351	56	corporate	corporate	ADJ
cblr-8481	351	57	debt	debt	NOUN
cblr-8481	351	58	,	,	PUNCT
cblr-8481	351	59	upon	upon	SCONJ
cblr-8481	351	60	which	which	PRON
cblr-8481	351	61	lorenzo	lorenzo	VERB
cblr-8481	351	62	received	receive	VERB
cblr-8481	351	63	a	a	DET
cblr-8481	351	64	standard	standard	ADJ
cblr-8481	351	65	one	one	NUM
cblr-8481	351	66	percent	percent	NOUN
cblr-8481	351	67	commission	commission	NOUN
cblr-8481	351	68	.	.	PUNCT
cblr-8481	352	1	i	i	PRON
cblr-8481	352	2	d.	d.	PROPN
cblr-8481	352	3	(	(	PUNCT
cblr-8481	352	4	first	first	ADV
cblr-8481	352	5	citing	cite	VERB
cblr-8481	352	6	gregg	gregg	PROPN
cblr-8481	352	7	c.	c.	PROPN
cblr-8481	352	8	lorenzo	lorenzo	PROPN
cblr-8481	352	9	,	,	PUNCT
cblr-8481	352	10	2013	2013	NUM
cblr-8481	352	11	wl	wl	NOUN
cblr-8481	352	12	6858820	6858820	NUM
cblr-8481	352	13	,	,	PUNCT
cblr-8481	352	14	at	at	ADP
cblr-8481	352	15	*	*	NOUN
cblr-8481	352	16	4	4	NUM
cblr-8481	352	17	;	;	PUNCT
cblr-8481	352	18	and	and	CCONJ
cblr-8481	352	19	then	then	ADV
cblr-8481	352	20	citing	cite	VERB
cblr-8481	352	21	francis	francis	PROPN
cblr-8481	352	22	v.	v.	PROPN
cblr-8481	352	23	lorenzo	lorenzo	PROPN
cblr-8481	352	24	,	,	PUNCT
cblr-8481	352	25	2015	2015	NUM
cblr-8481	352	26	wl	wl	NOUN
cblr-8481	352	27	1927763	1927763	NUM
cblr-8481	352	28	,	,	PUNCT
cblr-8481	352	29	at	at	ADP
cblr-8481	352	30	*	*	NOUN
cblr-8481	352	31	5	5	NUM
cblr-8481	352	32	)	)	PUNCT
cblr-8481	352	33	.	.	PUNCT
cblr-8481	353	1	71	71	NUM
cblr-8481	354	1	i	i	PRON
cblr-8481	354	2	d.	d.	PROPN
cblr-8481	354	3	at	at	ADP
cblr-8481	354	4	201–02	201–02	NUM
cblr-8481	354	5	.	.	PUNCT
cblr-8481	355	1	72	72	NUM
cblr-8481	356	1	i	i	PRON
cblr-8481	356	2	d.	d.	NOUN
cblr-8481	356	3	at	at	ADP
cblr-8481	356	4	202	202	NUM
cblr-8481	356	5	(	(	PUNCT
cblr-8481	356	6	first	first	ADV
cblr-8481	356	7	citing	cite	VERB
cblr-8481	356	8	gregg	gregg	PROPN
cblr-8481	356	9	c.	c.	PROPN
cblr-8481	356	10	lorenzo	lorenzo	PROPN
cblr-8481	356	11	(	(	PUNCT
cblr-8481	356	12	lorenzo	lorenzo	NOUN
cblr-8481	356	13	settlement	settlement	NOUN
cblr-8481	356	14	)	)	PUNCT
cblr-8481	356	15	,	,	PUNCT
cblr-8481	356	16	exchange	exchange	NOUN
cblr-8481	356	17	act	act	NOUN
cblr-8481	356	18	release	release	VERB
cblr-8481	356	19	no	no	NOUN
cblr-8481	356	20	.	.	NOUN
cblr-8481	357	1	70,904	70,904	NUM
cblr-8481	357	2	,	,	PUNCT
cblr-8481	357	3	2013	2013	NUM
cblr-8481	357	4	wl	wl	NOUN
cblr-8481	357	5	6087352	6087352	NUM
cblr-8481	357	6	,	,	PUNCT
cblr-8481	357	7	at	at	ADP
cblr-8481	357	8	*	*	NOUN
cblr-8481	357	9	1	1	NUM
cblr-8481	357	10	(	(	PUNCT
cblr-8481	357	11	nov	nov	PROPN
cblr-8481	357	12	.	.	PROPN
cblr-8481	357	13	20	20	NUM
cblr-8481	357	14	,	,	PUNCT
cblr-8481	357	15	2013	2013	NUM
cblr-8481	357	16	)	)	PUNCT
cblr-8481	357	17	;	;	PUNCT
cblr-8481	357	18	then	then	ADV
cblr-8481	357	19	citing	cite	VERB
cblr-8481	357	20	francis	francis	PROPN
cblr-8481	357	21	v.	v.	PROPN
cblr-8481	357	22	lorenzo	lorenzo	PROPN
cblr-8481	357	23	,	,	PUNCT
cblr-8481	357	24	2015	2015	NUM
cblr-8481	357	25	wl	wl	NOUN
cblr-8481	357	26	1927763	1927763	NUM
cblr-8481	357	27	,	,	PUNCT
cblr-8481	357	28	at	at	ADP
cblr-8481	357	29	*	*	NOUN
cblr-8481	357	30	1	1	NUM
cblr-8481	357	31	;	;	PUNCT
cblr-8481	357	32	and	and	CCONJ
cblr-8481	357	33	then	then	ADV
cblr-8481	357	34	citing	cite	VERB
cblr-8481	357	35	gregg	gregg	PROPN
cblr-8481	357	36	c.	c.	PROPN
cblr-8481	357	37	lorenzo	lorenzo	PROPN
cblr-8481	357	38	,	,	PUNCT
cblr-8481	357	39	2013	2013	NUM
cblr-8481	357	40	wl	wl	NOUN
cblr-8481	357	41	6858820	6858820	NUM
cblr-8481	357	42	,	,	PUNCT
cblr-8481	357	43	at	at	ADP
cblr-8481	357	44	*	*	NOUN
cblr-8481	357	45	1	1	NUM
cblr-8481	357	46	)	)	PUNCT
cblr-8481	357	47	.	.	PUNCT
cblr-8481	358	1	note	note	VERB
cblr-8481	358	2	lieberman	lieberman	PROPN
cblr-8481	358	3	6/13/2021	6/13/2021	NUM
cblr-8481	358	4	8:45	8:45	NUM
cblr-8481	358	5	pm	pm	NOUN
cblr-8481	358	6	370	370	NUM
cblr-8481	358	7	columbia	columbia	PROPN
cblr-8481	358	8	business	business	NOUN
cblr-8481	358	9	law	law	PROPN
cblr-8481	358	10	review	review	NOUN
cblr-8481	358	11	[	[	X
cblr-8481	358	12	vol	vol	NOUN
cblr-8481	358	13	.	.	PUNCT
cblr-8481	358	14	2021	2021	NUM
cblr-8481	359	1	the	the	DET
cblr-8481	359	2	alj	alj	PROPN
cblr-8481	359	3	held	hold	VERB
cblr-8481	359	4	lorenzo	lorenzo	NOUN
cblr-8481	359	5	liable	liable	ADJ
cblr-8481	359	6	for	for	ADP
cblr-8481	359	7	all	all	PRON
cblr-8481	359	8	of	of	ADP
cblr-8481	359	9	the	the	DET
cblr-8481	359	10	violations	violation	NOUN
cblr-8481	359	11	claimed	claim	VERB
cblr-8481	359	12	by	by	ADP
cblr-8481	359	13	the	the	DET
cblr-8481	359	14	sec	sec	PROPN
cblr-8481	359	15	,	,	PUNCT
cblr-8481	359	16	calling	call	VERB
cblr-8481	359	17	the	the	DET
cblr-8481	359	18	extent	extent	NOUN
cblr-8481	359	19	of	of	ADP
cblr-8481	359	20	the	the	DET
cblr-8481	359	21	falsehoods	falsehood	NOUN
cblr-8481	359	22	contained	contain	VERB
cblr-8481	359	23	in	in	ADP
cblr-8481	359	24	the	the	DET
cblr-8481	359	25	email	email	NOUN
cblr-8481	359	26	“	"	PUNCT
cblr-8481	359	27	staggering	staggering	ADJ
cblr-8481	359	28	.	.	PUNCT
cblr-8481	360	1	”73	”73	PROPN
cblr-8481	361	1	most	most	ADV
cblr-8481	361	2	pertinent	pertinent	ADJ
cblr-8481	361	3	for	for	ADP
cblr-8481	361	4	the	the	DET
cblr-8481	361	5	subsequent	subsequent	ADJ
cblr-8481	361	6	procedural	procedural	ADJ
cblr-8481	361	7	posture	posture	NOUN
cblr-8481	361	8	of	of	ADP
cblr-8481	361	9	the	the	DET
cblr-8481	361	10	case	case	NOUN
cblr-8481	361	11	,	,	PUNCT
cblr-8481	361	12	the	the	DET
cblr-8481	361	13	alj	alj	PROPN
cblr-8481	361	14	found	find	VERB
cblr-8481	361	15	that	that	SCONJ
cblr-8481	361	16	lorenzo	lorenzo	PROPN
cblr-8481	361	17	“	"	PUNCT
cblr-8481	361	18	sent	send	VERB
cblr-8481	361	19	the	the	DET
cblr-8481	361	20	emails	email	NOUN
cblr-8481	361	21	without	without	ADP
cblr-8481	361	22	thinking	think	VERB
cblr-8481	361	23	about	about	ADP
cblr-8481	361	24	their	their	PRON
cblr-8481	361	25	contents”74	contents”74	PROPN
cblr-8481	361	26	and	and	CCONJ
cblr-8481	361	27	that	that	SCONJ
cblr-8481	361	28	such	such	ADJ
cblr-8481	361	29	neglect	neglect	NOUN
cblr-8481	361	30	amounted	amount	VERB
cblr-8481	361	31	to	to	ADP
cblr-8481	361	32	“	"	PUNCT
cblr-8481	361	33	willful	willful	ADJ
cblr-8481	361	34	violation	violation	NOUN
cblr-8481	361	35	of	of	ADP
cblr-8481	361	36	the	the	DET
cblr-8481	361	37	securities	security	NOUN
cblr-8481	361	38	laws	law	NOUN
cblr-8481	361	39	”	"	PUNCT
cblr-8481	361	40	because	because	SCONJ
cblr-8481	361	41	lorenzo	lorenzo	PROPN
cblr-8481	361	42	would	would	AUX
cblr-8481	361	43	have	have	AUX
cblr-8481	361	44	immediately	immediately	ADV
cblr-8481	361	45	realized	realize	VERB
cblr-8481	361	46	the	the	DET
cblr-8481	361	47	emails	email	NOUN
cblr-8481	361	48	contained	contain	VERB
cblr-8481	361	49	materially	materially	ADV
cblr-8481	361	50	false	false	ADJ
cblr-8481	361	51	statements	statement	NOUN
cblr-8481	361	52	had	have	AUX
cblr-8481	361	53	he	he	PRON
cblr-8481	361	54	even	even	ADV
cblr-8481	361	55	glanced	glance	VERB
cblr-8481	361	56	at	at	ADP
cblr-8481	361	57	their	their	PRON
cblr-8481	361	58	contents.75	contents.75	PROPN
cblr-8481	361	59	on	on	ADP
cblr-8481	361	60	appeal	appeal	NOUN
cblr-8481	361	61	,	,	PUNCT
cblr-8481	361	62	the	the	DET
cblr-8481	361	63	sec	sec	PROPN
cblr-8481	361	64	commissioners	commissioner	NOUN
cblr-8481	361	65	affirmed	affirm	VERB
cblr-8481	361	66	the	the	DET
cblr-8481	361	67	alj	alj	PROPN
cblr-8481	361	68	’s	’s	PART
cblr-8481	361	69	ruling	ruling	NOUN
cblr-8481	361	70	and	and	CCONJ
cblr-8481	361	71	came	come	VERB
cblr-8481	361	72	to	to	ADP
cblr-8481	361	73	an	an	DET
cblr-8481	361	74	even	even	ADV
cblr-8481	361	75	stronger	strong	ADJ
cblr-8481	361	76	conclusion	conclusion	NOUN
cblr-8481	361	77	on	on	ADP
cblr-8481	361	78	scienter	scienter	NOUN
cblr-8481	361	79	,	,	PUNCT
cblr-8481	361	80	stating	state	VERB
cblr-8481	361	81	that	that	SCONJ
cblr-8481	361	82	“	"	PUNCT
cblr-8481	361	83	lorenzo	lorenzo	PROPN
cblr-8481	361	84	was	be	AUX
cblr-8481	361	85	well	well	ADV
cblr-8481	361	86	aware	aware	ADJ
cblr-8481	361	87	that	that	SCONJ
cblr-8481	361	88	the	the	DET
cblr-8481	361	89	emails	email	NOUN
cblr-8481	361	90	falsely	falsely	ADV
cblr-8481	361	91	represented	represent	VERB
cblr-8481	361	92	crucial	crucial	ADJ
cblr-8481	361	93	facts	fact	NOUN
cblr-8481	361	94	about	about	ADP
cblr-8481	361	95	[	[	X
cblr-8481	361	96	waste2energy	waste2energy	X
cblr-8481	361	97	]	]	PUNCT
cblr-8481	361	98	and	and	CCONJ
cblr-8481	361	99	its	its	PRON
cblr-8481	361	100	debenture	debenture	NOUN
cblr-8481	361	101	offering	offering	NOUN
cblr-8481	361	102	.	.	PUNCT
cblr-8481	362	1	”76	”76	PROPN
cblr-8481	363	1	the	the	DET
cblr-8481	363	2	commission	commission	PROPN
cblr-8481	363	3	’s	’s	PART
cblr-8481	363	4	findings	finding	NOUN
cblr-8481	363	5	on	on	ADP
cblr-8481	363	6	scheme	scheme	NOUN
cblr-8481	363	7	liability	liability	NOUN
cblr-8481	363	8	and	and	CCONJ
cblr-8481	363	9	scienter	scienter	NOUN
cblr-8481	363	10	were	be	AUX
cblr-8481	363	11	affirmed	affirm	VERB
cblr-8481	363	12	by	by	ADP
cblr-8481	363	13	the	the	DET
cblr-8481	363	14	d.c	d.c	PROPN
cblr-8481	363	15	.	.	PUNCT
cblr-8481	364	1	circuit.77	circuit.77	PROPN
cblr-8481	364	2	lorenzo	lorenzo	PROPN
cblr-8481	364	3	only	only	ADV
cblr-8481	364	4	appealed	appeal	VERB
cblr-8481	364	5	the	the	DET
cblr-8481	364	6	scheme	scheme	NOUN
cblr-8481	364	7	liability	liability	NOUN
cblr-8481	364	8	ruling	ruling	NOUN
cblr-8481	364	9	—	—	PUNCT
cblr-8481	364	10	that	that	SCONJ
cblr-8481	364	11	rules	rule	VERB
cblr-8481	364	12	10b-5(a	10b-5(a	NUM
cblr-8481	364	13	)	)	PUNCT
cblr-8481	364	14	and	and	CCONJ
cblr-8481	364	15	(	(	PUNCT
cblr-8481	364	16	c	c	NOUN
cblr-8481	364	17	)	)	PUNCT
cblr-8481	364	18	applied	apply	VERB
cblr-8481	364	19	—	—	PUNCT
cblr-8481	364	20	and	and	CCONJ
cblr-8481	364	21	did	do	AUX
cblr-8481	364	22	not	not	PART
cblr-8481	364	23	challenge	challenge	VERB
cblr-8481	364	24	the	the	DET
cblr-8481	364	25	d.c	d.c	PROPN
cblr-8481	364	26	circuit	circuit	PROPN
cblr-8481	364	27	’s	’s	PART
cblr-8481	364	28	decision	decision	NOUN
cblr-8481	364	29	on	on	ADP
cblr-8481	364	30	scienter.78	scienter.78	PROPN
cblr-8481	364	31	this	this	PRON
cblr-8481	364	32	meant	mean	VERB
cblr-8481	364	33	that	that	SCONJ
cblr-8481	364	34	the	the	DET
cblr-8481	364	35	supreme	supreme	PROPN
cblr-8481	364	36	court	court	PROPN
cblr-8481	364	37	would	would	AUX
cblr-8481	364	38	“	"	PUNCT
cblr-8481	364	39	take	take	VERB
cblr-8481	364	40	for	for	ADP
cblr-8481	364	41	granted	grant	VERB
cblr-8481	364	42	that	that	SCONJ
cblr-8481	364	43	he	he	PRON
cblr-8481	364	44	sent	send	VERB
cblr-8481	364	45	the	the	DET
cblr-8481	364	46	emails	email	NOUN
cblr-8481	364	47	with	with	ADP
cblr-8481	364	48	‘	'	PUNCT
cblr-8481	364	49	intent	intent	NOUN
cblr-8481	364	50	to	to	PART
cblr-8481	364	51	deceive	deceive	VERB
cblr-8481	364	52	,	,	PUNCT
cblr-8481	364	53	manipulate	manipulate	VERB
cblr-8481	364	54	,	,	PUNCT
cblr-8481	364	55	or	or	CCONJ
cblr-8481	364	56	defraud	defraud	NOUN
cblr-8481	364	57	’	'	PUNCT
cblr-8481	364	58	the	the	DET
cblr-8481	364	59	recipients,”79	recipients,”79	NOUN
cblr-8481	364	60	restricting	restrict	VERB
cblr-8481	364	61	the	the	DET
cblr-8481	364	62	its	its	PRON
cblr-8481	364	63	inquiry	inquiry	NOUN
cblr-8481	364	64	to	to	ADP
cblr-8481	364	65	the	the	DET
cblr-8481	364	66	question	question	NOUN
cblr-8481	364	67	of	of	ADP
cblr-8481	364	68	whether	whether	SCONJ
cblr-8481	364	69	or	or	CCONJ
cblr-8481	364	70	not	not	PART
cblr-8481	364	71	lorenzo	lorenzo	PROPN
cblr-8481	364	72	’s	’s	PART
cblr-8481	364	73	conduct	conduct	NOUN
cblr-8481	364	74	fell	fall	VERB
cblr-8481	364	75	within	within	ADP
cblr-8481	364	76	the	the	DET
cblr-8481	364	77	scope	scope	NOUN
cblr-8481	364	78	of	of	ADP
cblr-8481	364	79	rule	rule	NOUN
cblr-8481	364	80	10b-5.80	10b-5.80	NUM
cblr-8481	364	81	73	73	NUM
cblr-8481	365	1	i	i	PRON
cblr-8481	365	2	d.	d.	PROPN
cblr-8481	365	3	(	(	PUNCT
cblr-8481	365	4	quoting	quote	VERB
cblr-8481	365	5	gregg	gregg	PROPN
cblr-8481	365	6	c.	c.	PROPN
cblr-8481	365	7	lorenzo	lorenzo	PROPN
cblr-8481	365	8	,	,	PUNCT
cblr-8481	365	9	2013	2013	NUM
cblr-8481	365	10	wl	wl	NOUN
cblr-8481	365	11	6858820	6858820	NUM
cblr-8481	365	12	,	,	PUNCT
cblr-8481	365	13	at	at	ADP
cblr-8481	365	14	*	*	PROPN
cblr-8481	365	15	7	7	NUM
cblr-8481	365	16	)	)	PUNCT
cblr-8481	365	17	.	.	PUNCT
cblr-8481	366	1	74	74	NUM
cblr-8481	366	2	gregg	gregg	PROPN
cblr-8481	366	3	c.	c.	PROPN
cblr-8481	366	4	lorenzo	lorenzo	PROPN
cblr-8481	366	5	,	,	PUNCT
cblr-8481	366	6	2013	2013	NUM
cblr-8481	366	7	wl	wl	NOUN
cblr-8481	366	8	6858820	6858820	NUM
cblr-8481	366	9	,	,	PUNCT
cblr-8481	366	10	at	at	ADP
cblr-8481	366	11	*	*	PROPN
cblr-8481	366	12	5	5	NUM
cblr-8481	366	13	.	.	SYM
cblr-8481	366	14	75	75	NUM
cblr-8481	366	15	turk	turk	PROPN
cblr-8481	366	16	&	&	CCONJ
cblr-8481	366	17	woody	woody	PROPN
cblr-8481	366	18	,	,	PUNCT
cblr-8481	366	19	supra	supra	PROPN
cblr-8481	366	20	note	note	NOUN
cblr-8481	366	21	3	3	NUM
cblr-8481	366	22	,	,	PUNCT
cblr-8481	366	23	at	at	ADP
cblr-8481	366	24	203	203	NUM
cblr-8481	366	25	.	.	PUNCT
cblr-8481	367	1	this	this	PRON
cblr-8481	367	2	satisfied	satisfy	VERB
cblr-8481	367	3	the	the	DET
cblr-8481	367	4	scienter	scienter	NOUN
cblr-8481	367	5	requirement	requirement	NOUN
cblr-8481	367	6	necessary	necessary	ADJ
cblr-8481	367	7	for	for	ADP
cblr-8481	367	8	a	a	DET
cblr-8481	367	9	successful	successful	ADJ
cblr-8481	367	10	rule	rule	NOUN
cblr-8481	367	11	10b-5	10b-5	NUM
cblr-8481	367	12	claim	claim	NOUN
cblr-8481	367	13	.	.	PUNCT
cblr-8481	368	1	see	see	VERB
cblr-8481	368	2	gregg	gregg	PROPN
cblr-8481	368	3	c.	c.	PROPN
cblr-8481	368	4	lorenzo	lorenzo	PROPN
cblr-8481	368	5	,	,	PUNCT
cblr-8481	368	6	2013	2013	NUM
cblr-8481	368	7	wl	wl	NOUN
cblr-8481	368	8	6858820	6858820	NUM
cblr-8481	368	9	,	,	PUNCT
cblr-8481	368	10	at	at	ADP
cblr-8481	368	11	*	*	NOUN
cblr-8481	368	12	5	5	NUM
cblr-8481	368	13	(	(	PUNCT
cblr-8481	368	14	giving	give	VERB
cblr-8481	368	15	the	the	DET
cblr-8481	368	16	scienter	scienter	NOUN
cblr-8481	368	17	requirement	requirement	NOUN
cblr-8481	368	18	)	)	PUNCT
cblr-8481	368	19	.	.	PUNCT
cblr-8481	369	1	76	76	NUM
cblr-8481	369	2	turk	turk	PROPN
cblr-8481	369	3	&	&	CCONJ
cblr-8481	369	4	woody	woody	PROPN
cblr-8481	369	5	,	,	PUNCT
cblr-8481	369	6	supra	supra	PROPN
cblr-8481	369	7	note	note	NOUN
cblr-8481	369	8	3	3	NUM
cblr-8481	369	9	,	,	PUNCT
cblr-8481	369	10	at	at	ADP
cblr-8481	369	11	203	203	NUM
cblr-8481	369	12	(	(	PUNCT
cblr-8481	369	13	alteration	alteration	NOUN
cblr-8481	369	14	in	in	ADP
cblr-8481	369	15	original	original	ADJ
cblr-8481	369	16	)	)	PUNCT
cblr-8481	369	17	(	(	PUNCT
cblr-8481	369	18	quoting	quote	VERB
cblr-8481	369	19	francis	francis	PROPN
cblr-8481	369	20	v.	v.	PROPN
cblr-8481	369	21	lorenzo	lorenzo	PROPN
cblr-8481	369	22	,	,	PUNCT
cblr-8481	369	23	2015	2015	NUM
cblr-8481	369	24	wl	wl	NOUN
cblr-8481	369	25	1927763	1927763	NUM
cblr-8481	369	26	,	,	PUNCT
cblr-8481	369	27	at	at	ADP
cblr-8481	369	28	*	*	NOUN
cblr-8481	369	29	9	9	NUM
cblr-8481	369	30	)	)	PUNCT
cblr-8481	369	31	.	.	PUNCT
cblr-8481	370	1	77	77	NUM
cblr-8481	370	2	lorenzo	lorenzo	NOUN
cblr-8481	370	3	v.	v.	ADP
cblr-8481	370	4	sec	sec	PROPN
cblr-8481	370	5	,	,	PUNCT
cblr-8481	370	6	872	872	NUM
cblr-8481	370	7	f.3d	f.3d	NUM
cblr-8481	370	8	578	578	NUM
cblr-8481	370	9	,	,	PUNCT
cblr-8481	370	10	583–86	583–86	NUM
cblr-8481	370	11	,	,	PUNCT
cblr-8481	370	12	588–90	588–90	NUM
cblr-8481	370	13	(	(	PUNCT
cblr-8481	370	14	d.c	d.c	PROPN
cblr-8481	370	15	.	.	PROPN
cblr-8481	370	16	cir	cir	PROPN
cblr-8481	370	17	.	.	PROPN
cblr-8481	370	18	2017	2017	NUM
cblr-8481	370	19	)	)	PUNCT
cblr-8481	370	20	,	,	PUNCT
cblr-8481	370	21	aff’g	aff’g	X
cblr-8481	370	22	in	in	ADP
cblr-8481	370	23	part	part	NOUN
cblr-8481	370	24	and	and	CCONJ
cblr-8481	370	25	vacating	vacate	VERB
cblr-8481	370	26	in	in	ADP
cblr-8481	370	27	part	part	NOUN
cblr-8481	370	28	francis	francis	PROPN
cblr-8481	370	29	v.	v.	PROPN
cblr-8481	370	30	lorenzo	lorenzo	PROPN
cblr-8481	370	31	,	,	PUNCT
cblr-8481	370	32	2015	2015	NUM
cblr-8481	370	33	wl	wl	NOUN
cblr-8481	370	34	1927763	1927763	NUM
cblr-8481	370	35	,	,	PUNCT
cblr-8481	370	36	aff’d	aff’d	NUM
cblr-8481	370	37	,	,	PUNCT
cblr-8481	370	38	139	139	NUM
cblr-8481	370	39	s.	s.	PROPN
cblr-8481	370	40	ct	ct	PROPN
cblr-8481	370	41	.	.	PROPN
cblr-8481	370	42	1094	1094	NUM
cblr-8481	370	43	(	(	PUNCT
cblr-8481	370	44	2019	2019	NUM
cblr-8481	370	45	)	)	PUNCT
cblr-8481	370	46	.	.	PUNCT
cblr-8481	371	1	78	78	NUM
cblr-8481	371	2	see	see	VERB
cblr-8481	371	3	turk	turk	PROPN
cblr-8481	371	4	&	&	CCONJ
cblr-8481	371	5	woody	woody	PROPN
cblr-8481	371	6	,	,	PUNCT
cblr-8481	371	7	supra	supra	PROPN
cblr-8481	371	8	note	note	NOUN
cblr-8481	371	9	3	3	NUM
cblr-8481	371	10	,	,	PUNCT
cblr-8481	371	11	at	at	ADP
cblr-8481	371	12	214–15	214–15	PROPN
cblr-8481	371	13	.	.	PUNCT
cblr-8481	372	1	79	79	NUM
cblr-8481	372	2	lorenzo	lorenzo	NOUN
cblr-8481	372	3	v.	v.	ADP
cblr-8481	372	4	sec	sec	PROPN
cblr-8481	372	5	,	,	PUNCT
cblr-8481	372	6	139	139	NUM
cblr-8481	372	7	s.	s.	PROPN
cblr-8481	372	8	ct	ct	PROPN
cblr-8481	372	9	.	.	PROPN
cblr-8481	372	10	1094	1094	NUM
cblr-8481	372	11	,	,	PUNCT
cblr-8481	372	12	1101	1101	NUM
cblr-8481	372	13	(	(	PUNCT
cblr-8481	372	14	2019	2019	NUM
cblr-8481	372	15	)	)	PUNCT
cblr-8481	372	16	(	(	PUNCT
cblr-8481	372	17	quoting	quote	VERB
cblr-8481	372	18	aaron	aaron	PROPN
cblr-8481	372	19	v.	v.	PROPN
cblr-8481	372	20	sec	sec	PROPN
cblr-8481	372	21	,	,	PUNCT
cblr-8481	372	22	446	446	NUM
cblr-8481	372	23	u.s	u.s	PROPN
cblr-8481	372	24	.	.	PROPN
cblr-8481	372	25	680	680	NUM
cblr-8481	372	26	,	,	PUNCT
cblr-8481	372	27	686	686	NUM
cblr-8481	372	28	n.5	n.5	PRON
cblr-8481	372	29	(	(	PUNCT
cblr-8481	372	30	1980	1980	NUM
cblr-8481	372	31	)	)	PUNCT
cblr-8481	372	32	)	)	PUNCT
cblr-8481	372	33	.	.	PUNCT
cblr-8481	373	1	80	80	NUM
cblr-8481	373	2	then	then	ADV
cblr-8481	373	3	-	-	PUNCT
cblr-8481	373	4	judge	judge	NOUN
cblr-8481	373	5	kavanaugh	kavanaugh	PROPN
cblr-8481	373	6	wrote	write	VERB
cblr-8481	373	7	a	a	DET
cblr-8481	373	8	scathing	scathing	ADJ
cblr-8481	373	9	dissent	dissent	NOUN
cblr-8481	373	10	while	while	SCONJ
cblr-8481	373	11	he	he	PRON
cblr-8481	373	12	was	be	AUX
cblr-8481	373	13	still	still	ADV
cblr-8481	373	14	on	on	ADP
cblr-8481	373	15	the	the	DET
cblr-8481	373	16	d.c	d.c	PROPN
cblr-8481	373	17	.	.	PROPN
cblr-8481	373	18	circuit	circuit	PROPN
cblr-8481	373	19	,	,	PUNCT
cblr-8481	373	20	which	which	PRON
cblr-8481	373	21	is	be	AUX
cblr-8481	373	22	why	why	SCONJ
cblr-8481	373	23	he	he	PRON
cblr-8481	373	24	did	do	AUX
cblr-8481	373	25	not	not	PART
cblr-8481	373	26	participate	participate	VERB
cblr-8481	373	27	in	in	ADP
cblr-8481	373	28	the	the	DET
cblr-8481	373	29	supreme	supreme	PROPN
cblr-8481	373	30	court	court	PROPN
cblr-8481	373	31	’s	’s	PART
cblr-8481	373	32	decision	decision	NOUN
cblr-8481	373	33	.	.	PUNCT
cblr-8481	374	1	turk	turk	PROPN
cblr-8481	374	2	&	&	CCONJ
cblr-8481	374	3	woody	woody	PROPN
cblr-8481	374	4	,	,	PUNCT
cblr-8481	374	5	supra	supra	PROPN
cblr-8481	374	6	note	note	NOUN
cblr-8481	374	7	3	3	NUM
cblr-8481	374	8	,	,	PUNCT
cblr-8481	374	9	at	at	ADP
cblr-8481	374	10	213	213	NUM
cblr-8481	374	11	.	.	PUNCT
cblr-8481	375	1	his	his	PRON
cblr-8481	375	2	dissent	dissent	NOUN
cblr-8481	375	3	was	be	AUX
cblr-8481	375	4	critical	critical	ADJ
cblr-8481	375	5	of	of	ADP
cblr-8481	375	6	the	the	DET
cblr-8481	375	7	factual	factual	ADJ
cblr-8481	375	8	determinations	determination	NOUN
cblr-8481	375	9	made	make	VERB
cblr-8481	375	10	by	by	ADP
cblr-8481	375	11	both	both	CCONJ
cblr-8481	375	12	the	the	DET
cblr-8481	375	13	alj	alj	PROPN
cblr-8481	375	14	and	and	CCONJ
cblr-8481	375	15	the	the	DET
cblr-8481	375	16	commission	commission	NOUN
cblr-8481	375	17	and	and	CCONJ
cblr-8481	375	18	was	be	AUX
cblr-8481	375	19	critical	critical	ADJ
cblr-8481	375	20	of	of	ADP
cblr-8481	375	21	the	the	DET
cblr-8481	375	22	majority	majority	NOUN
cblr-8481	375	23	’s	’s	PART
cblr-8481	375	24	determinations	determination	NOUN
cblr-8481	375	25	regarding	regard	VERB
cblr-8481	375	26	scienter	scienter	NOUN
cblr-8481	375	27	.	.	PUNCT
cblr-8481	376	1	see	see	VERB
cblr-8481	376	2	turk	turk	PROPN
cblr-8481	376	3	&	&	CCONJ
cblr-8481	376	4	woody	woody	PROPN
cblr-8481	376	5	,	,	PUNCT
cblr-8481	376	6	supra	supra	PROPN
cblr-8481	376	7	note	note	NOUN
cblr-8481	376	8	3	3	NUM
cblr-8481	376	9	,	,	PUNCT
cblr-8481	376	10	at	at	ADP
cblr-8481	376	11	209–12	209–12	NUM
cblr-8481	376	12	.	.	PUNCT
cblr-8481	377	1	he	he	PRON
cblr-8481	377	2	also	also	ADV
cblr-8481	377	3	vehemently	vehemently	ADV
cblr-8481	377	4	note	note	VERB
cblr-8481	377	5	–	–	PUNCT
cblr-8481	377	6	lieberman	lieberman	PROPN
cblr-8481	377	7	6/13/2021	6/13/2021	NUM
cblr-8481	377	8	8:45	8:45	NUM
cblr-8481	377	9	pm	pm	NOUN
cblr-8481	377	10	no	no	INTJ
cblr-8481	377	11	.	.	PUNCT
cblr-8481	378	1	1:352	1:352	NUM
cblr-8481	378	2	]	]	X
cblr-8481	378	3	lorenzo	lorenzo	PROPN
cblr-8481	378	4	v.	v.	ADP
cblr-8481	378	5	sec	sec	PROPN
cblr-8481	378	6	and	and	CCONJ
cblr-8481	378	7	the	the	DET
cblr-8481	378	8	expansion	expansion	NOUN
cblr-8481	378	9	of	of	ADP
cblr-8481	378	10	scheme	scheme	NOUN
cblr-8481	378	11	liability	liability	NOUN
cblr-8481	378	12	371	371	NUM
cblr-8481	378	13	b.	b.	PROPN
cblr-8481	378	14	justice	justice	PROPN
cblr-8481	378	15	breyer	breyer	PROPN
cblr-8481	378	16	’s	’s	PART
cblr-8481	378	17	majority	majority	NOUN
cblr-8481	378	18	opinion	opinion	PROPN
cblr-8481	378	19	justice	justice	NOUN
cblr-8481	378	20	breyer	breyer	NOUN
cblr-8481	378	21	wrote	write	VERB
cblr-8481	378	22	the	the	DET
cblr-8481	378	23	majority	majority	NOUN
cblr-8481	378	24	opinion	opinion	NOUN
cblr-8481	378	25	in	in	ADP
cblr-8481	378	26	lorenzo	lorenzo	NOUN
cblr-8481	378	27	while	while	SCONJ
cblr-8481	378	28	justice	justice	PROPN
cblr-8481	378	29	thomas	thomas	PROPN
cblr-8481	378	30	wrote	write	VERB
cblr-8481	378	31	the	the	DET
cblr-8481	378	32	dissent	dissent	NOUN
cblr-8481	378	33	,	,	PUNCT
cblr-8481	378	34	reversing	reverse	VERB
cblr-8481	378	35	their	their	PRON
cblr-8481	378	36	roles	role	NOUN
cblr-8481	378	37	in	in	ADP
cblr-8481	378	38	janus	janus	PROPN
cblr-8481	378	39	.	.	PUNCT
cblr-8481	379	1	the	the	DET
cblr-8481	379	2	decision	decision	NOUN
cblr-8481	379	3	was	be	AUX
cblr-8481	379	4	a	a	DET
cblr-8481	379	5	six	six	NUM
cblr-8481	379	6	-	-	PUNCT
cblr-8481	379	7	two	two	NUM
cblr-8481	379	8	split	split	NOUN
cblr-8481	379	9	,	,	PUNCT
cblr-8481	379	10	with	with	SCONJ
cblr-8481	379	11	only	only	ADJ
cblr-8481	379	12	justice	justice	PROPN
cblr-8481	379	13	thomas	thomas	PROPN
cblr-8481	379	14	and	and	CCONJ
cblr-8481	379	15	justice	justice	PROPN
cblr-8481	379	16	neil	neil	PROPN
cblr-8481	379	17	gorsuch	gorsuch	PROPN
cblr-8481	379	18	dissenting.81	dissenting.81	PROPN
cblr-8481	379	19	justice	justice	NOUN
cblr-8481	379	20	breyer	breyer	NOUN
cblr-8481	379	21	began	begin	VERB
cblr-8481	379	22	with	with	ADP
cblr-8481	379	23	the	the	DET
cblr-8481	379	24	“	"	PUNCT
cblr-8481	379	25	conclu[sion	conclu[sion	NOUN
cblr-8481	379	26	]	]	PUNCT
cblr-8481	379	27	that	that	SCONJ
cblr-8481	379	28	(	(	PUNCT
cblr-8481	379	29	assuming	assume	VERB
cblr-8481	379	30	other	other	ADJ
cblr-8481	379	31	hereirrelevant	hereirrelevant	ADJ
cblr-8481	379	32	legal	legal	ADJ
cblr-8481	379	33	requirements	requirement	NOUN
cblr-8481	379	34	are	be	AUX
cblr-8481	379	35	met	meet	VERB
cblr-8481	379	36	)	)	PUNCT
cblr-8481	379	37	dissemination	dissemination	NOUN
cblr-8481	379	38	of	of	ADP
cblr-8481	379	39	false	false	ADJ
cblr-8481	379	40	or	or	CCONJ
cblr-8481	379	41	misleading	misleading	ADJ
cblr-8481	379	42	statements	statement	NOUN
cblr-8481	379	43	with	with	ADP
cblr-8481	379	44	intent	intent	NOUN
cblr-8481	379	45	to	to	PART
cblr-8481	379	46	defraud	defraud	VERB
cblr-8481	379	47	can	can	AUX
cblr-8481	379	48	fall	fall	VERB
cblr-8481	379	49	within	within	ADP
cblr-8481	379	50	the	the	DET
cblr-8481	379	51	scope	scope	NOUN
cblr-8481	379	52	of	of	ADP
cblr-8481	379	53	subsections	subsection	NOUN
cblr-8481	379	54	(	(	PUNCT
cblr-8481	379	55	a	a	NOUN
cblr-8481	379	56	)	)	PUNCT
cblr-8481	379	57	and	and	CCONJ
cblr-8481	379	58	(	(	PUNCT
cblr-8481	379	59	c	c	NOUN
cblr-8481	379	60	)	)	PUNCT
cblr-8481	379	61	of	of	ADP
cblr-8481	379	62	rule	rule	NOUN
cblr-8481	379	63	10b-5.”82	10b-5.”82	NUM
cblr-8481	379	64	this	this	PRON
cblr-8481	379	65	is	be	AUX
cblr-8481	379	66	the	the	DET
cblr-8481	379	67	case	case	NOUN
cblr-8481	379	68	“	"	PUNCT
cblr-8481	379	69	even	even	ADV
cblr-8481	379	70	if	if	SCONJ
cblr-8481	379	71	the	the	DET
cblr-8481	379	72	disseminator	disseminator	NOUN
cblr-8481	379	73	did	do	AUX
cblr-8481	379	74	not	not	PART
cblr-8481	379	75	‘	'	PUNCT
cblr-8481	379	76	make	make	VERB
cblr-8481	379	77	’	'	PUNCT
cblr-8481	379	78	the	the	DET
cblr-8481	379	79	statements	statement	NOUN
cblr-8481	379	80	and	and	CCONJ
cblr-8481	379	81	consequently	consequently	ADV
cblr-8481	379	82	falls	fall	VERB
cblr-8481	379	83	outside	outside	ADP
cblr-8481	379	84	subsection	subsection	NOUN
cblr-8481	379	85	(	(	PUNCT
cblr-8481	379	86	b	b	NOUN
cblr-8481	379	87	)	)	PUNCT
cblr-8481	379	88	of	of	ADP
cblr-8481	379	89	the	the	DET
cblr-8481	379	90	rule	rule	NOUN
cblr-8481	379	91	.	.	PUNCT
cblr-8481	380	1	”83	”83	PROPN
cblr-8481	380	2	justice	justice	PROPN
cblr-8481	380	3	breyer	breyer	NOUN
cblr-8481	380	4	applied	apply	VERB
cblr-8481	380	5	a	a	DET
cblr-8481	380	6	textual	textual	ADJ
cblr-8481	380	7	analysis	analysis	NOUN
cblr-8481	380	8	of	of	ADP
cblr-8481	380	9	the	the	DET
cblr-8481	380	10	scheme	scheme	NOUN
cblr-8481	380	11	liability	liability	NOUN
cblr-8481	380	12	provisions	provision	NOUN
cblr-8481	380	13	to	to	PART
cblr-8481	380	14	justify	justify	VERB
cblr-8481	380	15	his	his	PRON
cblr-8481	380	16	claims	claim	NOUN
cblr-8481	380	17	,	,	PUNCT
cblr-8481	380	18	noting	note	VERB
cblr-8481	380	19	that	that	SCONJ
cblr-8481	380	20	“	"	PUNCT
cblr-8481	380	21	[	[	X
cblr-8481	380	22	i]t	i]t	PRON
cblr-8481	380	23	would	would	AUX
cblr-8481	380	24	seem	seem	VERB
cblr-8481	380	25	obvious	obvious	ADJ
cblr-8481	380	26	that	that	SCONJ
cblr-8481	380	27	the	the	DET
cblr-8481	380	28	words	word	NOUN
cblr-8481	380	29	in	in	ADP
cblr-8481	380	30	these	these	DET
cblr-8481	380	31	provisions	provision	NOUN
cblr-8481	380	32	are	be	AUX
cblr-8481	380	33	,	,	PUNCT
cblr-8481	380	34	as	as	SCONJ
cblr-8481	380	35	ordinarily	ordinarily	ADV
cblr-8481	380	36	used	use	VERB
cblr-8481	380	37	,	,	PUNCT
cblr-8481	380	38	sufficiently	sufficiently	ADV
cblr-8481	380	39	broad	broad	ADJ
cblr-8481	380	40	to	to	PART
cblr-8481	380	41	include	include	VERB
cblr-8481	380	42	within	within	ADP
cblr-8481	380	43	their	their	PRON
cblr-8481	380	44	scope	scope	NOUN
cblr-8481	380	45	the	the	DET
cblr-8481	380	46	dissemination	dissemination	NOUN
cblr-8481	380	47	of	of	ADP
cblr-8481	380	48	false	false	ADJ
cblr-8481	380	49	or	or	CCONJ
cblr-8481	380	50	misleading	misleading	ADJ
cblr-8481	380	51	information	information	NOUN
cblr-8481	380	52	with	with	ADP
cblr-8481	380	53	the	the	DET
cblr-8481	380	54	intent	intent	NOUN
cblr-8481	380	55	to	to	PART
cblr-8481	380	56	defraud	defraud	VERB
cblr-8481	380	57	.	.	PUNCT
cblr-8481	381	1	”84	”84	NOUN
cblr-8481	381	2	he	he	PRON
cblr-8481	381	3	then	then	ADV
cblr-8481	381	4	engaged	engage	VERB
cblr-8481	381	5	in	in	ADP
cblr-8481	381	6	a	a	DET
cblr-8481	381	7	close	close	ADJ
cblr-8481	381	8	reading	reading	NOUN
cblr-8481	381	9	of	of	ADP
cblr-8481	381	10	each	each	DET
cblr-8481	381	11	word	word	NOUN
cblr-8481	381	12	’s	’s	PART
cblr-8481	381	13	dictionary	dictionary	ADJ
cblr-8481	381	14	definition	definition	NOUN
cblr-8481	381	15	,	,	PUNCT
cblr-8481	381	16	finding	find	VERB
cblr-8481	381	17	that	that	SCONJ
cblr-8481	381	18	“	"	PUNCT
cblr-8481	381	19	[	[	X
cblr-8481	381	20	r]esort[ing	r]esort[e	VERB
cblr-8481	381	21	]	]	PUNCT
cblr-8481	381	22	to	to	ADP
cblr-8481	381	23	dictionary	dictionary	ADJ
cblr-8481	381	24	definitions	definition	NOUN
cblr-8481	381	25	only	only	ADV
cblr-8481	381	26	strengthens	strengthen	VERB
cblr-8481	381	27	”	"	PUNCT
cblr-8481	381	28	the	the	DET
cblr-8481	381	29	court	court	NOUN
cblr-8481	381	30	’s	’s	PART
cblr-8481	381	31	conclusion.85	conclusion.85	NOUN
cblr-8481	381	32	attacked	attack	VERB
cblr-8481	381	33	the	the	DET
cblr-8481	381	34	decision	decision	NOUN
cblr-8481	381	35	for	for	ADP
cblr-8481	381	36	upholding	uphold	VERB
cblr-8481	381	37	the	the	DET
cblr-8481	381	38	commission	commission	NOUN
cblr-8481	381	39	’s	’s	PART
cblr-8481	381	40	determination	determination	NOUN
cblr-8481	381	41	regarding	regard	VERB
cblr-8481	381	42	scheme	scheme	NOUN
cblr-8481	381	43	liability	liability	NOUN
cblr-8481	381	44	and	and	CCONJ
cblr-8481	381	45	accused	accuse	VERB
cblr-8481	381	46	the	the	DET
cblr-8481	381	47	sec	sec	PROPN
cblr-8481	381	48	of	of	ADP
cblr-8481	381	49	attempting	attempt	VERB
cblr-8481	381	50	to	to	PART
cblr-8481	381	51	“	"	PUNCT
cblr-8481	381	52	end	end	VERB
cblr-8481	381	53	-	-	PUNCT
cblr-8481	381	54	run	run	VERB
cblr-8481	381	55	the	the	DET
cblr-8481	381	56	supreme	supreme	PROPN
cblr-8481	381	57	court	court	PROPN
cblr-8481	381	58	”	"	PUNCT
cblr-8481	381	59	by	by	ADP
cblr-8481	381	60	figuring	figure	VERB
cblr-8481	381	61	out	out	ADP
cblr-8481	381	62	clever	clever	ADJ
cblr-8481	381	63	ways	way	NOUN
cblr-8481	381	64	to	to	PART
cblr-8481	381	65	abolish	abolish	VERB
cblr-8481	381	66	the	the	DET
cblr-8481	381	67	distinction	distinction	NOUN
cblr-8481	381	68	between	between	ADP
cblr-8481	381	69	primary	primary	ADJ
cblr-8481	381	70	and	and	CCONJ
cblr-8481	381	71	secondary	secondary	ADJ
cblr-8481	381	72	liability	liability	NOUN
cblr-8481	381	73	and	and	CCONJ
cblr-8481	381	74	“	"	PUNCT
cblr-8481	381	75	unilaterally	unilaterally	ADV
cblr-8481	381	76	rewrite	rewrite	VERB
cblr-8481	381	77	the	the	DET
cblr-8481	381	78	law	law	NOUN
cblr-8481	381	79	.	.	PUNCT
cblr-8481	381	80	”	"	PUNCT
cblr-8481	382	1	lorenzo	lorenzo	PROPN
cblr-8481	382	2	,	,	PUNCT
cblr-8481	382	3	872	872	NUM
cblr-8481	382	4	f.3d	f.3d	NUM
cblr-8481	382	5	at	at	ADP
cblr-8481	382	6	601	601	NUM
cblr-8481	382	7	(	(	PUNCT
cblr-8481	382	8	kavanaugh	kavanaugh	PROPN
cblr-8481	382	9	,	,	PUNCT
cblr-8481	382	10	j.	j.	PROPN
cblr-8481	382	11	,	,	PUNCT
cblr-8481	382	12	dissenting	dissent	VERB
cblr-8481	382	13	)	)	PUNCT
cblr-8481	382	14	.	.	PUNCT
cblr-8481	383	1	81	81	NUM
cblr-8481	384	1	this	this	PRON
cblr-8481	384	2	means	mean	VERB
cblr-8481	384	3	both	both	DET
cblr-8481	384	4	chief	chief	ADJ
cblr-8481	384	5	justice	justice	NOUN
cblr-8481	384	6	john	john	PROPN
cblr-8481	384	7	roberts	roberts	PROPN
cblr-8481	384	8	and	and	CCONJ
cblr-8481	384	9	justice	justice	PROPN
cblr-8481	384	10	samuel	samuel	PROPN
cblr-8481	384	11	alito	alito	PROPN
cblr-8481	384	12	,	,	PUNCT
cblr-8481	384	13	who	who	PRON
cblr-8481	384	14	signed	sign	VERB
cblr-8481	384	15	onto	onto	ADP
cblr-8481	384	16	justice	justice	PROPN
cblr-8481	384	17	thomas	thomas	PROPN
cblr-8481	384	18	’s	’s	PART
cblr-8481	384	19	janus	janus	PROPN
cblr-8481	384	20	majority	majority	PROPN
cblr-8481	384	21	opinion	opinion	NOUN
cblr-8481	384	22	,	,	PUNCT
cblr-8481	384	23	sided	side	VERB
cblr-8481	384	24	with	with	ADP
cblr-8481	384	25	justice	justice	NOUN
cblr-8481	384	26	breyer	breyer	NOUN
cblr-8481	384	27	and	and	CCONJ
cblr-8481	384	28	the	the	DET
cblr-8481	384	29	rest	rest	NOUN
cblr-8481	384	30	of	of	ADP
cblr-8481	384	31	the	the	DET
cblr-8481	384	32	liberal	liberal	ADJ
cblr-8481	384	33	justices	justice	NOUN
cblr-8481	384	34	.	.	PUNCT
cblr-8481	385	1	thus	thus	ADV
cblr-8481	385	2	,	,	PUNCT
cblr-8481	385	3	even	even	ADV
cblr-8481	385	4	with	with	ADP
cblr-8481	385	5	justice	justice	PROPN
cblr-8481	385	6	kavanaugh	kavanaugh	PROPN
cblr-8481	385	7	’s	’s	PART
cblr-8481	385	8	participation	participation	NOUN
cblr-8481	385	9	,	,	PUNCT
cblr-8481	385	10	the	the	DET
cblr-8481	385	11	outcome	outcome	NOUN
cblr-8481	385	12	of	of	ADP
cblr-8481	385	13	the	the	DET
cblr-8481	385	14	case	case	NOUN
cblr-8481	385	15	would	would	AUX
cblr-8481	385	16	likely	likely	ADV
cblr-8481	385	17	have	have	AUX
cblr-8481	385	18	remained	remain	VERB
cblr-8481	385	19	the	the	DET
cblr-8481	385	20	same	same	ADJ
cblr-8481	385	21	.	.	PUNCT
cblr-8481	386	1	82	82	NUM
cblr-8481	386	2	lorenzo	lorenzo	NOUN
cblr-8481	386	3	,	,	PUNCT
cblr-8481	386	4	139	139	NUM
cblr-8481	386	5	s.	s.	PROPN
cblr-8481	386	6	ct	ct	PROPN
cblr-8481	386	7	.	.	PUNCT
cblr-8481	387	1	at	at	ADP
cblr-8481	387	2	1100	1100	NUM
cblr-8481	387	3	.	.	PUNCT
cblr-8481	388	1	83	83	NUM
cblr-8481	389	1	i	i	PRON
cblr-8481	389	2	d.	d.	PROPN
cblr-8481	389	3	at	at	ADP
cblr-8481	389	4	1100–01	1100–01	NUM
cblr-8481	389	5	.	.	PUNCT
cblr-8481	390	1	84	84	NUM
cblr-8481	391	1	i	i	PRON
cblr-8481	391	2	d.	d.	NOUN
cblr-8481	391	3	at	at	ADP
cblr-8481	391	4	1101	1101	NUM
cblr-8481	391	5	.	.	PUNCT
cblr-8481	392	1	he	he	PRON
cblr-8481	392	2	elaborated	elaborate	VERB
cblr-8481	392	3	in	in	ADP
cblr-8481	392	4	terms	term	NOUN
cblr-8481	392	5	of	of	ADP
cblr-8481	392	6	lorenzo	lorenzo	PROPN
cblr-8481	392	7	’s	’s	PART
cblr-8481	392	8	facts	fact	NOUN
cblr-8481	392	9	,	,	PUNCT
cblr-8481	392	10	stating	state	VERB
cblr-8481	392	11	that	that	SCONJ
cblr-8481	392	12	“	"	PUNCT
cblr-8481	392	13	[	[	X
cblr-8481	392	14	b]y	b]y	NOUN
cblr-8481	392	15	sending	send	VERB
cblr-8481	392	16	emails	email	NOUN
cblr-8481	392	17	he	he	PRON
cblr-8481	392	18	understood	understand	VERB
cblr-8481	392	19	to	to	PART
cblr-8481	392	20	contain	contain	VERB
cblr-8481	392	21	material	material	ADJ
cblr-8481	392	22	untruths	untruth	NOUN
cblr-8481	392	23	,	,	PUNCT
cblr-8481	392	24	lorenzo	lorenzo	PROPN
cblr-8481	392	25	‘	'	PUNCT
cblr-8481	392	26	employ[ed	employ[ed	PROPN
cblr-8481	392	27	]	]	PUNCT
cblr-8481	392	28	’	'	PUNCT
cblr-8481	392	29	a	a	DET
cblr-8481	392	30	‘	'	PUNCT
cblr-8481	392	31	device	device	NOUN
cblr-8481	392	32	,	,	PUNCT
cblr-8481	392	33	’	'	PUNCT
cblr-8481	392	34	‘	'	PUNCT
cblr-8481	392	35	scheme	scheme	NOUN
cblr-8481	392	36	,	,	PUNCT
cblr-8481	392	37	’	'	PUNCT
cblr-8481	392	38	and	and	CCONJ
cblr-8481	392	39	‘	'	PUNCT
cblr-8481	392	40	artifice	artifice	NOUN
cblr-8481	392	41	to	to	PART
cblr-8481	392	42	defraud	defraud	VERB
cblr-8481	392	43	’	'	PUNCT
cblr-8481	392	44	within	within	ADP
cblr-8481	392	45	the	the	DET
cblr-8481	392	46	meaning	meaning	NOUN
cblr-8481	392	47	of	of	ADP
cblr-8481	392	48	subsection	subsection	NOUN
cblr-8481	392	49	(	(	PUNCT
cblr-8481	392	50	a	a	NOUN
cblr-8481	392	51	)	)	PUNCT
cblr-8481	392	52	of	of	ADP
cblr-8481	392	53	the	the	DET
cblr-8481	392	54	rule	rule	NOUN
cblr-8481	392	55	,	,	PUNCT
cblr-8481	392	56	§	§	PROPN
cblr-8481	392	57	10(b	10(b	NUM
cblr-8481	392	58	)	)	PUNCT
cblr-8481	392	59	,	,	PUNCT
cblr-8481	392	60	and	and	CCONJ
cblr-8481	392	61	§	§	PROPN
cblr-8481	392	62	17(a)(1	17(a)(1	NUM
cblr-8481	392	63	)	)	PUNCT
cblr-8481	392	64	.	.	PUNCT
cblr-8481	393	1	by	by	ADP
cblr-8481	393	2	the	the	DET
cblr-8481	393	3	same	same	ADJ
cblr-8481	393	4	conduct	conduct	NOUN
cblr-8481	393	5	,	,	PUNCT
cblr-8481	393	6	he	he	PRON
cblr-8481	393	7	‘	'	PUNCT
cblr-8481	393	8	engage[d	engage[d	X
cblr-8481	393	9	]	]	PUNCT
cblr-8481	393	10	in	in	ADP
cblr-8481	393	11	a[n	a[n	PROPN
cblr-8481	393	12	]	]	X
cblr-8481	393	13	act	act	NOUN
cblr-8481	393	14	,	,	PUNCT
cblr-8481	393	15	practice	practice	NOUN
cblr-8481	393	16	,	,	PUNCT
cblr-8481	393	17	or	or	CCONJ
cblr-8481	393	18	course	course	NOUN
cblr-8481	393	19	of	of	ADP
cblr-8481	393	20	business	business	NOUN
cblr-8481	393	21	’	'	PUNCT
cblr-8481	393	22	that	that	SCONJ
cblr-8481	393	23	‘	'	PUNCT
cblr-8481	393	24	operate[d	operate[d	NOUN
cblr-8481	393	25	]	]	PUNCT
cblr-8481	393	26	.	.	PUNCT
cblr-8481	393	27	.	.	PUNCT
cblr-8481	394	1	.	.	PUNCT
cblr-8481	395	1	as	as	ADP
cblr-8481	395	2	a	a	DET
cblr-8481	395	3	fraud	fraud	NOUN
cblr-8481	395	4	or	or	CCONJ
cblr-8481	395	5	deceit	deceit	NOUN
cblr-8481	395	6	’	'	PUNCT
cblr-8481	395	7	under	under	ADP
cblr-8481	395	8	subsection	subsection	NOUN
cblr-8481	395	9	(	(	PUNCT
cblr-8481	395	10	c	c	NOUN
cblr-8481	395	11	)	)	PUNCT
cblr-8481	395	12	of	of	ADP
cblr-8481	395	13	the	the	DET
cblr-8481	395	14	rule	rule	NOUN
cblr-8481	395	15	.	.	PUNCT
cblr-8481	395	16	”	"	PUNCT
cblr-8481	396	1	i	i	PRON
cblr-8481	396	2	d.	d.	PROPN
cblr-8481	396	3	(	(	PUNCT
cblr-8481	396	4	second	second	ADJ
cblr-8481	396	5	,	,	PUNCT
cblr-8481	396	6	third	third	ADJ
cblr-8481	396	7	,	,	PUNCT
cblr-8481	396	8	and	and	CCONJ
cblr-8481	396	9	fourth	fourth	ADJ
cblr-8481	396	10	alterations	alteration	NOUN
cblr-8481	396	11	in	in	ADP
cblr-8481	396	12	original	original	ADJ
cblr-8481	396	13	)	)	PUNCT
cblr-8481	396	14	.	.	PUNCT
cblr-8481	396	15	85	85	NUM
cblr-8481	397	1	i	i	PRON
cblr-8481	397	2	d.	d.	PROPN
cblr-8481	397	3	in	in	ADP
cblr-8481	397	4	reference	reference	NOUN
cblr-8481	397	5	to	to	ADP
cblr-8481	397	6	10b-5(a	10b-5(a	NUM
cblr-8481	397	7	)	)	PUNCT
cblr-8481	397	8	,	,	PUNCT
cblr-8481	397	9	justice	justice	NOUN
cblr-8481	397	10	breyer	breyer	NOUN
cblr-8481	397	11	defined	define	VERB
cblr-8481	397	12	a	a	DET
cblr-8481	397	13	device	device	NOUN
cblr-8481	397	14	as	as	ADP
cblr-8481	397	15	“	"	PUNCT
cblr-8481	397	16	simply	simply	ADV
cblr-8481	397	17	[	[	X
cblr-8481	397	18	t]hat	t]hat	PRON
cblr-8481	397	19	which	which	PRON
cblr-8481	397	20	is	be	AUX
cblr-8481	397	21	devised	devise	VERB
cblr-8481	397	22	,	,	PUNCT
cblr-8481	397	23	or	or	CCONJ
cblr-8481	397	24	formed	form	VERB
cblr-8481	397	25	by	by	ADP
cblr-8481	397	26	design	design	NOUN
cblr-8481	397	27	;	;	PUNCT
cblr-8481	397	28	a	a	DET
cblr-8481	397	29	scheme	scheme	NOUN
cblr-8481	397	30	is	be	AUX
cblr-8481	397	31	a	a	DET
cblr-8481	397	32	project	project	NOUN
cblr-8481	397	33	,	,	PUNCT
cblr-8481	397	34	note	note	VERB
cblr-8481	397	35	lieberman	lieberman	PROPN
cblr-8481	397	36	6/13/2021	6/13/2021	NUM
cblr-8481	397	37	8:45	8:45	NUM
cblr-8481	397	38	pm	pm	NOUN
cblr-8481	398	1	372	372	NUM
cblr-8481	398	2	columbia	columbia	PROPN
cblr-8481	398	3	business	business	NOUN
cblr-8481	398	4	law	law	PROPN
cblr-8481	398	5	review	review	NOUN
cblr-8481	398	6	[	[	X
cblr-8481	398	7	vol	vol	NOUN
cblr-8481	398	8	.	.	PUNCT
cblr-8481	398	9	2021	2021	NUM
cblr-8481	398	10	the	the	DET
cblr-8481	398	11	majority	majority	NOUN
cblr-8481	398	12	also	also	ADV
cblr-8481	398	13	rejected	reject	VERB
cblr-8481	398	14	the	the	DET
cblr-8481	398	15	argument	argument	NOUN
cblr-8481	398	16	put	put	VERB
cblr-8481	398	17	forward	forward	ADV
cblr-8481	398	18	by	by	ADP
cblr-8481	398	19	lorenzo	lorenzo	NOUN
cblr-8481	398	20	that	that	SCONJ
cblr-8481	398	21	even	even	ADV
cblr-8481	398	22	if	if	SCONJ
cblr-8481	398	23	their	their	PRON
cblr-8481	398	24	“	"	PUNCT
cblr-8481	398	25	natural	natural	ADJ
cblr-8481	398	26	reading	reading	NOUN
cblr-8481	398	27	”	"	PUNCT
cblr-8481	398	28	is	be	AUX
cblr-8481	398	29	correct	correct	ADJ
cblr-8481	398	30	,	,	PUNCT
cblr-8481	398	31	the	the	DET
cblr-8481	398	32	subsections	subsection	NOUN
cblr-8481	398	33	of	of	ADP
cblr-8481	398	34	10b-5	10b-5	NUM
cblr-8481	398	35	should	should	AUX
cblr-8481	398	36	be	be	AUX
cblr-8481	398	37	read	read	VERB
cblr-8481	398	38	to	to	PART
cblr-8481	398	39	govern	govern	VERB
cblr-8481	398	40	mutually	mutually	ADV
cblr-8481	398	41	exclusive	exclusive	ADJ
cblr-8481	398	42	spheres	sphere	NOUN
cblr-8481	398	43	of	of	ADP
cblr-8481	398	44	conduct	conduct	NOUN
cblr-8481	398	45	,	,	PUNCT
cblr-8481	398	46	so	so	SCONJ
cblr-8481	398	47	that	that	SCONJ
cblr-8481	398	48	false	false	ADJ
cblr-8481	398	49	statements	statement	NOUN
cblr-8481	398	50	can	can	AUX
cblr-8481	398	51	only	only	ADV
cblr-8481	398	52	be	be	AUX
cblr-8481	398	53	governed	govern	VERB
cblr-8481	398	54	by	by	ADP
cblr-8481	398	55	10b-5(b	10b-5(b	NUM
cblr-8481	398	56	)	)	PUNCT
cblr-8481	398	57	and	and	CCONJ
cblr-8481	398	58	not	not	PART
cblr-8481	398	59	the	the	DET
cblr-8481	398	60	scheme	scheme	NOUN
cblr-8481	398	61	liability	liability	NOUN
cblr-8481	398	62	provisions.86	provisions.86	NOUN
cblr-8481	398	63	engaged	engage	VERB
cblr-8481	398	64	in	in	ADP
cblr-8481	398	65	the	the	DET
cblr-8481	398	66	“	"	PUNCT
cblr-8481	398	67	first	first	ADJ
cblr-8481	398	68	experiment	experiment	NOUN
cblr-8481	398	69	in	in	ADP
cblr-8481	398	70	federal	federal	ADJ
cblr-8481	398	71	regulation	regulation	NOUN
cblr-8481	398	72	of	of	ADP
cblr-8481	398	73	the	the	DET
cblr-8481	398	74	securities	security	NOUN
cblr-8481	398	75	industry,”87	industry,”87	NOUN
cblr-8481	398	76	the	the	DET
cblr-8481	398	77	drafters	drafter	NOUN
cblr-8481	398	78	of	of	ADP
cblr-8481	398	79	the	the	DET
cblr-8481	398	80	rule	rule	NOUN
cblr-8481	398	81	“	"	PUNCT
cblr-8481	398	82	thought	think	VERB
cblr-8481	398	83	[	[	X
cblr-8481	398	84	it	it	PRON
cblr-8481	398	85	]	]	X
cblr-8481	398	86	prudent	prudent	ADJ
cblr-8481	398	87	‘	'	PUNCT
cblr-8481	398	88	to	to	PART
cblr-8481	398	89	include	include	VERB
cblr-8481	398	90	both	both	DET
cblr-8481	398	91	a	a	DET
cblr-8481	398	92	general	general	ADJ
cblr-8481	398	93	proscription	proscription	NOUN
cblr-8481	398	94	against	against	ADP
cblr-8481	398	95	fraudulent	fraudulent	ADJ
cblr-8481	398	96	and	and	CCONJ
cblr-8481	398	97	deceptive	deceptive	ADJ
cblr-8481	398	98	practices	practice	NOUN
cblr-8481	398	99	and	and	CCONJ
cblr-8481	398	100	,	,	PUNCT
cblr-8481	398	101	out	out	ADP
cblr-8481	398	102	of	of	ADP
cblr-8481	398	103	an	an	DET
cblr-8481	398	104	abundance	abundance	NOUN
cblr-8481	398	105	of	of	ADP
cblr-8481	398	106	caution	caution	NOUN
cblr-8481	398	107	,	,	PUNCT
cblr-8481	398	108	a	a	DET
cblr-8481	398	109	specific	specific	ADJ
cblr-8481	398	110	proscription	proscription	NOUN
cblr-8481	398	111	against	against	ADP
cblr-8481	398	112	nondisclosure	nondisclosure	NOUN
cblr-8481	398	113	’	'	PUNCT
cblr-8481	398	114	even	even	ADV
cblr-8481	398	115	though	though	SCONJ
cblr-8481	398	116	‘	'	PUNCT
cblr-8481	398	117	a	a	DET
cblr-8481	398	118	specific	specific	ADJ
cblr-8481	398	119	proscription	proscription	NOUN
cblr-8481	398	120	against	against	ADP
cblr-8481	398	121	nondisclosure	nondisclosure	NOUN
cblr-8481	398	122	’	'	PUNCT
cblr-8481	398	123	might	might	AUX
cblr-8481	398	124	in	in	ADP
cblr-8481	398	125	other	other	ADJ
cblr-8481	398	126	circumstances	circumstance	NOUN
cblr-8481	398	127	be	be	AUX
cblr-8481	398	128	deemed	deem	VERB
cblr-8481	398	129	‘	'	PUNCT
cblr-8481	398	130	surplusage	surplusage	NOUN
cblr-8481	398	131	.	.	PUNCT
cblr-8481	398	132	’”88	’”88	PUNCT
cblr-8481	399	1	justice	justice	NOUN
cblr-8481	399	2	breyer	breyer	NOUN
cblr-8481	399	3	thus	thus	ADV
cblr-8481	399	4	claimed	claim	VERB
cblr-8481	399	5	that	that	SCONJ
cblr-8481	399	6	a	a	DET
cblr-8481	399	7	broader	broad	ADJ
cblr-8481	399	8	reading	reading	NOUN
cblr-8481	399	9	of	of	ADP
cblr-8481	399	10	subsections	subsection	NOUN
cblr-8481	399	11	(	(	PUNCT
cblr-8481	399	12	a	a	NOUN
cblr-8481	399	13	)	)	PUNCT
cblr-8481	399	14	and	and	CCONJ
cblr-8481	399	15	(	(	PUNCT
cblr-8481	399	16	c	c	X
cblr-8481	399	17	)	)	PUNCT
cblr-8481	399	18	is	be	AUX
cblr-8481	399	19	proper	proper	ADJ
cblr-8481	399	20	,	,	PUNCT
cblr-8481	399	21	meaning	mean	VERB
cblr-8481	399	22	that	that	SCONJ
cblr-8481	399	23	they	they	PRON
cblr-8481	399	24	could	could	AUX
cblr-8481	399	25	govern	govern	VERB
cblr-8481	399	26	misstatements	misstatement	NOUN
cblr-8481	399	27	as	as	ADV
cblr-8481	399	28	well	well	ADV
cblr-8481	399	29	as	as	ADP
cblr-8481	399	30	other	other	ADJ
cblr-8481	399	31	misconduct.89	misconduct.89	NOUN
cblr-8481	399	32	plan	plan	NOUN
cblr-8481	399	33	[	[	X
cblr-8481	399	34	,	,	PUNCT
cblr-8481	399	35	]	]	PUNCT
cblr-8481	399	36	or	or	CCONJ
cblr-8481	399	37	program	program	NOUN
cblr-8481	399	38	of	of	ADP
cblr-8481	399	39	something	something	PRON
cblr-8481	399	40	to	to	PART
cblr-8481	399	41	be	be	AUX
cblr-8481	399	42	done	do	VERB
cblr-8481	399	43	;	;	PUNCT
cblr-8481	399	44	and	and	CCONJ
cblr-8481	399	45	an	an	DET
cblr-8481	399	46	artifice	artifice	NOUN
cblr-8481	399	47	is	be	AUX
cblr-8481	399	48	an	an	DET
cblr-8481	399	49	artful	artful	ADJ
cblr-8481	399	50	stratagem	stratagem	NOUN
cblr-8481	399	51	or	or	CCONJ
cblr-8481	399	52	trick	trick	NOUN
cblr-8481	399	53	.	.	PUNCT
cblr-8481	399	54	”	"	PUNCT
cblr-8481	400	1	i	i	PRON
cblr-8481	400	2	d.	d.	PROPN
cblr-8481	400	3	(	(	PUNCT
cblr-8481	400	4	alterations	alteration	NOUN
cblr-8481	400	5	in	in	ADP
cblr-8481	400	6	original	original	ADJ
cblr-8481	400	7	)	)	PUNCT
cblr-8481	400	8	(	(	PUNCT
cblr-8481	400	9	internal	internal	ADJ
cblr-8481	400	10	quotation	quotation	NOUN
cblr-8481	400	11	marks	mark	NOUN
cblr-8481	400	12	omitted	omit	VERB
cblr-8481	400	13	)	)	PUNCT
cblr-8481	400	14	(	(	PUNCT
cblr-8481	400	15	quoting	quote	VERB
cblr-8481	400	16	aaron	aaron	PROPN
cblr-8481	400	17	v.	v.	PROPN
cblr-8481	400	18	sec	sec	PROPN
cblr-8481	400	19	,	,	PUNCT
cblr-8481	400	20	446	446	NUM
cblr-8481	400	21	u.s	u.s	PROPN
cblr-8481	400	22	.	.	PROPN
cblr-8481	400	23	680	680	NUM
cblr-8481	400	24	,	,	PUNCT
cblr-8481	400	25	696	696	NUM
cblr-8481	400	26	n.13	n.13	X
cblr-8481	400	27	(	(	PUNCT
cblr-8481	400	28	1980	1980	NUM
cblr-8481	400	29	)	)	PUNCT
cblr-8481	400	30	.	.	PUNCT
cblr-8481	401	1	thus	thus	ADV
cblr-8481	401	2	,	,	PUNCT
cblr-8481	401	3	“	"	PUNCT
cblr-8481	401	4	dissemination	dissemination	NOUN
cblr-8481	401	5	of	of	ADP
cblr-8481	401	6	false	false	ADJ
cblr-8481	401	7	or	or	CCONJ
cblr-8481	401	8	misleading	misleading	ADJ
cblr-8481	401	9	material	material	NOUN
cblr-8481	401	10	is	be	AUX
cblr-8481	401	11	easily	easily	ADV
cblr-8481	401	12	an	an	DET
cblr-8481	401	13	‘	'	PUNCT
cblr-8481	401	14	artful	artful	ADJ
cblr-8481	401	15	stratagem	stratagem	NOUN
cblr-8481	401	16	’	'	PUNCT
cblr-8481	401	17	or	or	CCONJ
cblr-8481	401	18	a	a	DET
cblr-8481	401	19	‘	'	PUNCT
cblr-8481	401	20	plan	plan	NOUN
cblr-8481	401	21	,	,	PUNCT
cblr-8481	401	22	’	'	PUNCT
cblr-8481	401	23	‘	'	PUNCT
cblr-8481	401	24	devised	devise	VERB
cblr-8481	401	25	’	'	PUNCT
cblr-8481	401	26	to	to	PART
cblr-8481	401	27	defraud	defraud	VERB
cblr-8481	401	28	an	an	DET
cblr-8481	401	29	investor	investor	NOUN
cblr-8481	401	30	under	under	ADP
cblr-8481	401	31	subsection	subsection	NOUN
cblr-8481	401	32	(	(	PUNCT
cblr-8481	401	33	a	a	NOUN
cblr-8481	401	34	)	)	PUNCT
cblr-8481	401	35	.	.	PUNCT
cblr-8481	401	36	”	"	PUNCT
cblr-8481	402	1	i	i	PRON
cblr-8481	402	2	d.	d.	PROPN
cblr-8481	402	3	similarly	similarly	ADV
cblr-8481	402	4	,	,	PUNCT
cblr-8481	402	5	a	a	DET
cblr-8481	402	6	subsection	subsection	NOUN
cblr-8481	402	7	(	(	PUNCT
cblr-8481	402	8	c	c	NOUN
cblr-8481	402	9	)	)	PUNCT
cblr-8481	402	10	“	"	PUNCT
cblr-8481	402	11	act	act	PROPN
cblr-8481	402	12	”	"	PUNCT
cblr-8481	402	13	or	or	CCONJ
cblr-8481	402	14	refers	refer	VERB
cblr-8481	402	15	to	to	ADP
cblr-8481	402	16	“	"	PUNCT
cblr-8481	402	17	‘	'	PUNCT
cblr-8481	402	18	a	a	DET
cblr-8481	402	19	doing	doing	NOUN
cblr-8481	402	20	’	'	PUNCT
cblr-8481	402	21	or	or	CCONJ
cblr-8481	402	22	a	a	DET
cblr-8481	402	23	‘	'	PUNCT
cblr-8481	402	24	thing	thing	NOUN
cblr-8481	402	25	done	do	VERB
cblr-8481	402	26	,	,	PUNCT
cblr-8481	402	27	’	'	PUNCT
cblr-8481	402	28	”	"	PUNCT
cblr-8481	402	29	and	and	CCONJ
cblr-8481	402	30	a	a	DET
cblr-8481	402	31	subsection	subsection	NOUN
cblr-8481	402	32	(	(	PUNCT
cblr-8481	402	33	c	c	NOUN
cblr-8481	402	34	)	)	PUNCT
cblr-8481	402	35	“	"	PUNCT
cblr-8481	402	36	practice	practice	NOUN
cblr-8481	402	37	”	"	PUNCT
cblr-8481	402	38	refers	refer	VERB
cblr-8481	402	39	to	to	ADP
cblr-8481	402	40	“	"	PUNCT
cblr-8481	402	41	an	an	DET
cblr-8481	402	42	‘	'	PUNCT
cblr-8481	402	43	action	action	NOUN
cblr-8481	402	44	’	'	PUNCT
cblr-8481	402	45	or	or	CCONJ
cblr-8481	402	46	‘	'	PUNCT
cblr-8481	402	47	deed	deed	NOUN
cblr-8481	402	48	.	.	PUNCT
cblr-8481	402	49	’	'	PUNCT
cblr-8481	402	50	”	"	PUNCT
cblr-8481	403	1	i	i	PRON
cblr-8481	403	2	d.	d.	PROPN
cblr-8481	403	3	(	(	PUNCT
cblr-8481	403	4	quoting	quote	VERB
cblr-8481	403	5	webster	webster	PROPN
cblr-8481	403	6	’s	’s	PART
cblr-8481	403	7	new	new	ADJ
cblr-8481	403	8	international	international	ADJ
cblr-8481	403	9	dictionary	dictionary	NOUN
cblr-8481	403	10	25	25	NUM
cblr-8481	403	11	,	,	PUNCT
cblr-8481	403	12	1937	1937	NUM
cblr-8481	403	13	(	(	PUNCT
cblr-8481	403	14	2d	2d	PROPN
cblr-8481	403	15	ed	ed	NOUN
cblr-8481	403	16	.	.	PUNCT
cblr-8481	403	17	1934	1934	NUM
cblr-8481	403	18	)	)	PUNCT
cblr-8481	403	19	)	)	PUNCT
cblr-8481	403	20	.	.	PUNCT
cblr-8481	404	1	given	give	VERB
cblr-8481	404	2	the	the	DET
cblr-8481	404	3	definitions	definition	NOUN
cblr-8481	404	4	that	that	SCONJ
cblr-8481	404	5	justice	justice	NOUN
cblr-8481	404	6	breyer	breyer	NOUN
cblr-8481	404	7	provided	provide	VERB
cblr-8481	404	8	,	,	PUNCT
cblr-8481	404	9	the	the	DET
cblr-8481	404	10	dissemination	dissemination	NOUN
cblr-8481	404	11	of	of	ADP
cblr-8481	404	12	false	false	ADJ
cblr-8481	404	13	information	information	NOUN
cblr-8481	404	14	could	could	AUX
cblr-8481	404	15	clearly	clearly	ADV
cblr-8481	404	16	be	be	AUX
cblr-8481	404	17	construed	construe	VERB
cblr-8481	404	18	as	as	ADP
cblr-8481	404	19	a	a	DET
cblr-8481	404	20	10b-5(c	10b-5(c	NUM
cblr-8481	404	21	)	)	PUNCT
cblr-8481	404	22	“	"	PUNCT
cblr-8481	404	23	act	act	NOUN
cblr-8481	404	24	,	,	PUNCT
cblr-8481	404	25	practice	practice	NOUN
cblr-8481	404	26	,	,	PUNCT
cblr-8481	404	27	or	or	CCONJ
cblr-8481	404	28	course	course	NOUN
cblr-8481	404	29	of	of	ADP
cblr-8481	404	30	business	business	NOUN
cblr-8481	404	31	which	which	PRON
cblr-8481	404	32	operates	operate	VERB
cblr-8481	404	33	.	.	PUNCT
cblr-8481	404	34	.	.	PUNCT
cblr-8481	405	1	.	.	PUNCT
cblr-8481	406	1	as	as	ADP
cblr-8481	406	2	a	a	DET
cblr-8481	406	3	fraud	fraud	NOUN
cblr-8481	406	4	or	or	CCONJ
cblr-8481	406	5	deceit	deceit	NOUN
cblr-8481	406	6	.	.	PUNCT
cblr-8481	406	7	”	"	PUNCT
cblr-8481	407	1	17	17	NUM
cblr-8481	407	2	c.f.r	c.f.r	NOUN
cblr-8481	407	3	.	.	PUNCT
cblr-8481	408	1	§	§	PROPN
cblr-8481	408	2	240.10b-5	240.10b-5	NUM
cblr-8481	408	3	(	(	PUNCT
cblr-8481	408	4	2020	2020	NUM
cblr-8481	408	5	)	)	PUNCT
cblr-8481	408	6	;	;	PUNCT
cblr-8481	408	7	see	see	VERB
cblr-8481	408	8	also	also	ADV
cblr-8481	408	9	lorenzo	lorenzo	PROPN
cblr-8481	408	10	,	,	PUNCT
cblr-8481	408	11	139	139	NUM
cblr-8481	408	12	s.	s.	PROPN
cblr-8481	408	13	ct	ct	PROPN
cblr-8481	408	14	.	.	PUNCT
cblr-8481	409	1	at	at	ADP
cblr-8481	409	2	1101	1101	NUM
cblr-8481	409	3	.	.	PUNCT
cblr-8481	410	1	86	86	NUM
cblr-8481	410	2	lorenzo	lorenzo	NOUN
cblr-8481	410	3	,	,	PUNCT
cblr-8481	410	4	139	139	NUM
cblr-8481	410	5	s.	s.	PROPN
cblr-8481	410	6	ct	ct	PROPN
cblr-8481	410	7	.	.	PUNCT
cblr-8481	411	1	at	at	ADP
cblr-8481	411	2	1101–03	1101–03	NUM
cblr-8481	411	3	.	.	PUNCT
cblr-8481	412	1	87	87	NUM
cblr-8481	413	1	i	i	PRON
cblr-8481	413	2	d.	d.	PROPN
cblr-8481	413	3	at	at	ADP
cblr-8481	413	4	1102	1102	NUM
cblr-8481	413	5	(	(	PUNCT
cblr-8481	413	6	internal	internal	ADJ
cblr-8481	413	7	quotation	quotation	NOUN
cblr-8481	413	8	marks	mark	NOUN
cblr-8481	413	9	omitted	omit	VERB
cblr-8481	413	10	)	)	PUNCT
cblr-8481	413	11	(	(	PUNCT
cblr-8481	413	12	quoting	quote	VERB
cblr-8481	413	13	sec	sec	PROPN
cblr-8481	413	14	v.	v.	ADP
cblr-8481	413	15	cap	cap	NOUN
cblr-8481	413	16	.	.	PUNCT
cblr-8481	414	1	gains	gain	NOUN
cblr-8481	414	2	rsch	rsch	PROPN
cblr-8481	414	3	.	.	PUNCT
cblr-8481	415	1	bureau	bureau	PROPN
cblr-8481	415	2	,	,	PUNCT
cblr-8481	415	3	inc	inc	PROPN
cblr-8481	415	4	.	.	PROPN
cblr-8481	415	5	,	,	PUNCT
cblr-8481	415	6	375	375	NUM
cblr-8481	415	7	u.s	u.s	PROPN
cblr-8481	415	8	.	.	PROPN
cblr-8481	415	9	180	180	NUM
cblr-8481	415	10	,	,	PUNCT
cblr-8481	415	11	198	198	NUM
cblr-8481	415	12	(	(	PUNCT
cblr-8481	415	13	1963	1963	NUM
cblr-8481	415	14	)	)	PUNCT
cblr-8481	415	15	)	)	PUNCT
cblr-8481	415	16	.	.	PUNCT
cblr-8481	416	1	88	88	NUM
cblr-8481	417	1	i	i	PRON
cblr-8481	417	2	d.	d.	PROPN
cblr-8481	417	3	(	(	PUNCT
cblr-8481	417	4	quoting	quote	VERB
cblr-8481	417	5	cap	cap	NOUN
cblr-8481	417	6	.	.	PUNCT
cblr-8481	418	1	gains	gain	NOUN
cblr-8481	418	2	rsch	rsch	NOUN
cblr-8481	418	3	.	.	PUNCT
cblr-8481	419	1	,	,	PUNCT
cblr-8481	419	2	375	375	NUM
cblr-8481	419	3	u.s	u.s	PROPN
cblr-8481	419	4	.	.	PROPN
cblr-8481	419	5	at	at	ADP
cblr-8481	419	6	198–199	198–199	NUM
cblr-8481	419	7	)	)	PUNCT
cblr-8481	419	8	.	.	PUNCT
cblr-8481	420	1	89	89	NUM
cblr-8481	420	2	however	however	ADV
cblr-8481	420	3	,	,	PUNCT
cblr-8481	420	4	as	as	SCONJ
cblr-8481	420	5	justice	justice	PROPN
cblr-8481	420	6	thomas	thomas	PROPN
cblr-8481	420	7	pointed	point	VERB
cblr-8481	420	8	out	out	ADP
cblr-8481	420	9	,	,	PUNCT
cblr-8481	420	10	i	i	PRON
cblr-8481	420	11	d.	d.	VERB
cblr-8481	420	12	at	at	ADP
cblr-8481	420	13	1108–09	1108–09	PROPN
cblr-8481	420	14	(	(	PUNCT
cblr-8481	420	15	thomas	thomas	PROPN
cblr-8481	420	16	,	,	PUNCT
cblr-8481	420	17	j.	j.	PROPN
cblr-8481	420	18	,	,	PUNCT
cblr-8481	420	19	dissenting	dissent	VERB
cblr-8481	420	20	)	)	PUNCT
cblr-8481	421	1	,	,	PUNCT
cblr-8481	421	2	this	this	PRON
cblr-8481	421	3	arguably	arguably	ADV
cblr-8481	421	4	goes	go	VERB
cblr-8481	421	5	against	against	ADP
cblr-8481	421	6	the	the	DET
cblr-8481	421	7	“	"	PUNCT
cblr-8481	421	8	rule	rule	NOUN
cblr-8481	421	9	against	against	ADP
cblr-8481	421	10	superfluity	superfluity	NOUN
cblr-8481	421	11	,	,	PUNCT
cblr-8481	421	12	”	"	PUNCT
cblr-8481	421	13	a	a	DET
cblr-8481	421	14	canon	canon	NOUN
cblr-8481	421	15	of	of	ADP
cblr-8481	421	16	statutory	statutory	ADJ
cblr-8481	421	17	interpretation	interpretation	NOUN
cblr-8481	421	18	which	which	PRON
cblr-8481	421	19	commands	command	VERB
cblr-8481	421	20	“	"	PUNCT
cblr-8481	421	21	that	that	SCONJ
cblr-8481	421	22	one	one	NUM
cblr-8481	421	23	section	section	NOUN
cblr-8481	421	24	of	of	ADP
cblr-8481	421	25	a	a	DET
cblr-8481	421	26	statute	statute	NOUN
cblr-8481	421	27	should	should	AUX
cblr-8481	421	28	not	not	PART
cblr-8481	421	29	be	be	AUX
cblr-8481	421	30	construed	construe	VERB
cblr-8481	421	31	in	in	ADP
cblr-8481	421	32	a	a	DET
cblr-8481	421	33	manner	manner	NOUN
cblr-8481	421	34	that	that	PRON
cblr-8481	421	35	renders	render	VERB
cblr-8481	421	36	another	another	DET
cblr-8481	421	37	section	section	NOUN
cblr-8481	421	38	superfluous	superfluous	ADJ
cblr-8481	421	39	.	.	PUNCT
cblr-8481	421	40	”	"	PUNCT
cblr-8481	422	1	anita	anita	PROPN
cblr-8481	422	2	s.	s.	PROPN
cblr-8481	422	3	krishnakumar	krishnakumar	PROPN
cblr-8481	422	4	,	,	PUNCT
cblr-8481	422	5	dueling	duel	VERB
cblr-8481	422	6	canons	canon	NOUN
cblr-8481	422	7	,	,	PUNCT
cblr-8481	422	8	65	65	NUM
cblr-8481	422	9	duke	duke	PROPN
cblr-8481	422	10	l.j	l.j	PROPN
cblr-8481	422	11	.	.	PROPN
cblr-8481	422	12	909	909	NUM
cblr-8481	422	13	,	,	PUNCT
cblr-8481	422	14	923	923	NUM
cblr-8481	422	15	n.51	n.51	PROPN
cblr-8481	422	16	(	(	PUNCT
cblr-8481	422	17	2016	2016	NUM
cblr-8481	422	18	)	)	PUNCT
cblr-8481	422	19	.	.	PUNCT
cblr-8481	423	1	justice	justice	NOUN
cblr-8481	423	2	breyer	breyer	NOUN
cblr-8481	423	3	responded	respond	VERB
cblr-8481	423	4	by	by	ADP
cblr-8481	423	5	invoking	invoke	VERB
cblr-8481	423	6	the	the	DET
cblr-8481	423	7	statutory	statutory	ADJ
cblr-8481	423	8	text	text	NOUN
cblr-8481	423	9	once	once	ADV
cblr-8481	423	10	again	again	ADV
cblr-8481	423	11	,	,	PUNCT
cblr-8481	423	12	stating	state	VERB
cblr-8481	423	13	that	that	SCONJ
cblr-8481	423	14	“	"	PUNCT
cblr-8481	423	15	[	[	X
cblr-8481	423	16	t]he	t]he	ADV
cblr-8481	423	17	idea	idea	NOUN
cblr-8481	423	18	that	that	SCONJ
cblr-8481	423	19	each	each	DET
cblr-8481	423	20	subsection	subsection	NOUN
cblr-8481	423	21	of	of	ADP
cblr-8481	423	22	rule	rule	NOUN
cblr-8481	423	23	10b-5	10b-5	NUM
cblr-8481	423	24	governs	govern	VERB
cblr-8481	423	25	a	a	DET
cblr-8481	423	26	separate	separate	ADJ
cblr-8481	423	27	type	type	NOUN
cblr-8481	423	28	of	of	ADP
cblr-8481	423	29	conduct	conduct	NOUN
cblr-8481	423	30	is	be	AUX
cblr-8481	423	31	.	.	PUNCT
cblr-8481	423	32	.	.	PUNCT
cblr-8481	423	33	.	.	PUNCT
cblr-8481	424	1	difficult	difficult	ADJ
cblr-8481	424	2	to	to	PART
cblr-8481	424	3	reconcile	reconcile	VERB
cblr-8481	424	4	with	with	ADP
cblr-8481	424	5	the	the	DET
cblr-8481	424	6	language	language	NOUN
cblr-8481	424	7	of	of	ADP
cblr-8481	424	8	subsections	subsection	NOUN
cblr-8481	424	9	(	(	PUNCT
cblr-8481	424	10	a	a	NOUN
cblr-8481	424	11	)	)	PUNCT
cblr-8481	424	12	and	and	CCONJ
cblr-8481	424	13	(	(	PUNCT
cblr-8481	424	14	c	c	NOUN
cblr-8481	424	15	)	)	PUNCT
cblr-8481	424	16	,	,	PUNCT
cblr-8481	424	17	”	"	PUNCT
cblr-8481	424	18	as	as	SCONJ
cblr-8481	424	19	“	"	PUNCT
cblr-8481	424	20	at	at	ADP
cblr-8481	424	21	least	least	ADJ
cblr-8481	424	22	some	some	PRON
cblr-8481	424	23	conduct	conduct	NOUN
cblr-8481	424	24	amounts	amount	VERB
cblr-8481	424	25	to	to	ADP
cblr-8481	424	26	‘	'	PUNCT
cblr-8481	424	27	employ[ing	employ[e	VERB
cblr-8481	424	28	]	]	PUNCT
cblr-8481	424	29	’	'	PUNCT
cblr-8481	424	30	a	a	DET
cblr-8481	424	31	‘	'	PUNCT
cblr-8481	424	32	device	device	NOUN
cblr-8481	424	33	,	,	PUNCT
cblr-8481	424	34	scheme	scheme	NOUN
cblr-8481	424	35	,	,	PUNCT
cblr-8481	424	36	or	or	CCONJ
cblr-8481	424	37	artifice	artifice	VERB
cblr-8481	424	38	to	to	PART
cblr-8481	424	39	defraud	defraud	VERB
cblr-8481	424	40	’	'	PUNCT
cblr-8481	424	41	under	under	ADP
cblr-8481	424	42	subsection	subsection	NOUN
cblr-8481	424	43	(	(	PUNCT
cblr-8481	424	44	a	a	NOUN
cblr-8481	424	45	)	)	PUNCT
cblr-8481	424	46	as	as	ADV
cblr-8481	424	47	well	well	ADV
cblr-8481	424	48	as	as	ADP
cblr-8481	424	49	‘	'	PUNCT
cblr-8481	424	50	engag[ing	engag[e	VERB
cblr-8481	424	51	]	]	PUNCT
cblr-8481	424	52	in	in	ADP
cblr-8481	424	53	a[n	a[n	NOUN
cblr-8481	424	54	]	]	X
cblr-8481	424	55	act	act	NOUN
cblr-8481	424	56	.	.	PUNCT
cblr-8481	424	57	.	.	PUNCT
cblr-8481	425	1	.	.	PUNCT
cblr-8481	426	1	which	which	PRON
cblr-8481	426	2	operates	operate	VERB
cblr-8481	426	3	.	.	PUNCT
cblr-8481	427	1	.	.	PUNCT
cblr-8481	428	1	.	.	PUNCT
cblr-8481	429	1	as	as	ADP
cblr-8481	429	2	a	a	DET
cblr-8481	429	3	fraud	fraud	NOUN
cblr-8481	429	4	’	'	PUNCT
cblr-8481	429	5	under	under	ADP
cblr-8481	429	6	note	note	NOUN
cblr-8481	429	7	–	–	PUNCT
cblr-8481	429	8	lieberman	lieberman	PROPN
cblr-8481	429	9	6/13/2021	6/13/2021	NUM
cblr-8481	429	10	8:45	8:45	NUM
cblr-8481	429	11	pm	pm	NOUN
cblr-8481	429	12	no	no	INTJ
cblr-8481	429	13	.	.	PUNCT
cblr-8481	430	1	1:352	1:352	NUM
cblr-8481	430	2	]	]	X
cblr-8481	430	3	lorenzo	lorenzo	PROPN
cblr-8481	430	4	v.	v.	ADP
cblr-8481	430	5	sec	sec	PROPN
cblr-8481	430	6	and	and	CCONJ
cblr-8481	430	7	the	the	DET
cblr-8481	430	8	expansion	expansion	NOUN
cblr-8481	430	9	of	of	ADP
cblr-8481	430	10	scheme	scheme	NOUN
cblr-8481	430	11	liability	liability	NOUN
cblr-8481	430	12	373	373	NUM
cblr-8481	430	13	justice	justice	NOUN
cblr-8481	430	14	breyer	breyer	NOUN
cblr-8481	430	15	also	also	ADV
cblr-8481	430	16	feared	fear	VERB
cblr-8481	430	17	that	that	SCONJ
cblr-8481	430	18	if	if	SCONJ
cblr-8481	430	19	rule	rule	NOUN
cblr-8481	430	20	10b-5	10b-5	NUM
cblr-8481	430	21	was	be	AUX
cblr-8481	430	22	not	not	PART
cblr-8481	430	23	interpreted	interpret	VERB
cblr-8481	430	24	to	to	PART
cblr-8481	430	25	allow	allow	VERB
cblr-8481	430	26	overlap	overlap	NOUN
cblr-8481	430	27	among	among	ADP
cblr-8481	430	28	its	its	PRON
cblr-8481	430	29	subsections	subsection	NOUN
cblr-8481	430	30	,	,	PUNCT
cblr-8481	430	31	then	then	ADV
cblr-8481	430	32	“	"	PUNCT
cblr-8481	430	33	those	those	PRON
cblr-8481	430	34	who	who	PRON
cblr-8481	430	35	disseminate	disseminate	VERB
cblr-8481	430	36	false	false	ADJ
cblr-8481	430	37	statements	statement	NOUN
cblr-8481	430	38	with	with	ADP
cblr-8481	430	39	the	the	DET
cblr-8481	430	40	intent	intent	NOUN
cblr-8481	430	41	to	to	PART
cblr-8481	430	42	cheat	cheat	VERB
cblr-8481	430	43	investors	investor	NOUN
cblr-8481	430	44	might	might	AUX
cblr-8481	430	45	escape	escape	VERB
cblr-8481	430	46	liability	liability	NOUN
cblr-8481	430	47	under	under	ADP
cblr-8481	430	48	the	the	DET
cblr-8481	430	49	rule	rule	NOUN
cblr-8481	430	50	altogether	altogether	ADV
cblr-8481	430	51	.	.	PUNCT
cblr-8481	431	1	”90	”90	PUNCT
cblr-8481	432	1	in	in	ADP
cblr-8481	432	2	his	his	PRON
cblr-8481	432	3	view	view	NOUN
cblr-8481	432	4	,	,	PUNCT
cblr-8481	432	5	this	this	PRON
cblr-8481	432	6	would	would	AUX
cblr-8481	432	7	reflect	reflect	VERB
cblr-8481	432	8	an	an	DET
cblr-8481	432	9	illogical	illogical	ADJ
cblr-8481	432	10	gap	gap	NOUN
cblr-8481	432	11	in	in	ADP
cblr-8481	432	12	the	the	DET
cblr-8481	432	13	sec	sec	PROPN
cblr-8481	432	14	’s	’s	PART
cblr-8481	432	15	enforcement	enforcement	NOUN
cblr-8481	432	16	capabilities	capability	NOUN
cblr-8481	432	17	—	—	PUNCT
cblr-8481	432	18	one	one	NUM
cblr-8481	432	19	not	not	PART
cblr-8481	432	20	easily	easily	ADV
cblr-8481	432	21	explainable	explainable	ADJ
cblr-8481	432	22	given	give	VERB
cblr-8481	432	23	that	that	SCONJ
cblr-8481	432	24	“	"	PUNCT
cblr-8481	432	25	false	false	ADJ
cblr-8481	432	26	representations	representation	NOUN
cblr-8481	432	27	to	to	PART
cblr-8481	432	28	induce	induce	VERB
cblr-8481	432	29	the	the	DET
cblr-8481	432	30	purchase	purchase	NOUN
cblr-8481	432	31	of	of	ADP
cblr-8481	432	32	securities	security	NOUN
cblr-8481	432	33	would	would	AUX
cblr-8481	432	34	seem	seem	VERB
cblr-8481	432	35	a	a	DET
cblr-8481	432	36	paradigmatic	paradigmatic	ADJ
cblr-8481	432	37	example	example	NOUN
cblr-8481	432	38	of	of	ADP
cblr-8481	432	39	securities	security	NOUN
cblr-8481	432	40	fraud”91	fraud”91	PROPN
cblr-8481	432	41	and	and	CCONJ
cblr-8481	432	42	that	that	SCONJ
cblr-8481	432	43	“	"	PUNCT
cblr-8481	432	44	the	the	DET
cblr-8481	432	45	securities	security	NOUN
cblr-8481	432	46	laws	law	NOUN
cblr-8481	432	47	were	be	AUX
cblr-8481	432	48	designed	design	VERB
cblr-8481	432	49	‘	'	PUNCT
cblr-8481	432	50	to	to	PART
cblr-8481	432	51	meet	meet	VERB
cblr-8481	432	52	the	the	DET
cblr-8481	432	53	countless	countless	ADJ
cblr-8481	432	54	and	and	CCONJ
cblr-8481	432	55	variable	variable	ADJ
cblr-8481	432	56	schemes	scheme	NOUN
cblr-8481	432	57	devised	devise	VERB
cblr-8481	432	58	by	by	ADP
cblr-8481	432	59	those	those	PRON
cblr-8481	432	60	who	who	PRON
cblr-8481	432	61	seek	seek	VERB
cblr-8481	432	62	the	the	DET
cblr-8481	432	63	use	use	NOUN
cblr-8481	432	64	of	of	ADP
cblr-8481	432	65	the	the	DET
cblr-8481	432	66	money	money	NOUN
cblr-8481	432	67	of	of	ADP
cblr-8481	432	68	others	other	NOUN
cblr-8481	432	69	on	on	ADP
cblr-8481	432	70	the	the	DET
cblr-8481	432	71	promise	promise	NOUN
cblr-8481	432	72	of	of	ADP
cblr-8481	432	73	profits	profit	NOUN
cblr-8481	432	74	.	.	PUNCT
cblr-8481	433	1	’”92	’”92	PROPN
cblr-8481	433	2	justice	justice	NOUN
cblr-8481	433	3	breyer	breyer	NOUN
cblr-8481	433	4	therefore	therefore	ADV
cblr-8481	433	5	held	hold	VERB
cblr-8481	433	6	that	that	SCONJ
cblr-8481	433	7	“	"	PUNCT
cblr-8481	433	8	[	[	X
cblr-8481	433	9	t]hat	t]hat	PRON
cblr-8481	433	10	is	be	AUX
cblr-8481	433	11	not	not	PART
cblr-8481	433	12	what	what	PRON
cblr-8481	433	13	congress	congress	PROPN
cblr-8481	433	14	intended	intend	VERB
cblr-8481	433	15	.	.	PUNCT
cblr-8481	434	1	rather	rather	ADV
cblr-8481	434	2	,	,	PUNCT
cblr-8481	434	3	congress	congress	PROPN
cblr-8481	434	4	intended	intend	VERB
cblr-8481	434	5	to	to	PART
cblr-8481	434	6	root	root	VERB
cblr-8481	434	7	out	out	ADP
cblr-8481	434	8	all	all	DET
cblr-8481	434	9	manner	manner	NOUN
cblr-8481	434	10	of	of	ADP
cblr-8481	434	11	fraud	fraud	NOUN
cblr-8481	434	12	in	in	ADP
cblr-8481	434	13	the	the	DET
cblr-8481	434	14	securities	security	NOUN
cblr-8481	434	15	industry	industry	NOUN
cblr-8481	434	16	.	.	PUNCT
cblr-8481	435	1	and	and	CCONJ
cblr-8481	435	2	it	it	PRON
cblr-8481	435	3	gave	give	VERB
cblr-8481	435	4	to	to	ADP
cblr-8481	435	5	the	the	DET
cblr-8481	435	6	commission	commission	NOUN
cblr-8481	435	7	the	the	DET
cblr-8481	435	8	tools	tool	NOUN
cblr-8481	435	9	to	to	PART
cblr-8481	435	10	accomplish	accomplish	VERB
cblr-8481	435	11	that	that	DET
cblr-8481	435	12	job	job	NOUN
cblr-8481	435	13	.	.	PUNCT
cblr-8481	436	1	”93	”93	PROPN
cblr-8481	436	2	justice	justice	NOUN
cblr-8481	436	3	breyer	breyer	NOUN
cblr-8481	436	4	also	also	ADV
cblr-8481	436	5	addressed	address	VERB
cblr-8481	436	6	how	how	SCONJ
cblr-8481	436	7	his	his	PRON
cblr-8481	436	8	opinion	opinion	NOUN
cblr-8481	436	9	fits	fit	VERB
cblr-8481	436	10	with	with	ADP
cblr-8481	436	11	the	the	DET
cblr-8481	436	12	court	court	NOUN
cblr-8481	436	13	’s	’s	PART
cblr-8481	436	14	past	past	ADJ
cblr-8481	436	15	decisions	decision	NOUN
cblr-8481	436	16	.	.	PUNCT
cblr-8481	437	1	he	he	PRON
cblr-8481	437	2	claimed	claim	VERB
cblr-8481	437	3	that	that	SCONJ
cblr-8481	437	4	janus	janus	PROPN
cblr-8481	437	5	did	do	AUX
cblr-8481	437	6	not	not	PART
cblr-8481	437	7	discuss	discuss	VERB
cblr-8481	437	8	rule	rule	NOUN
cblr-8481	437	9	10b-5	10b-5	NOUN
cblr-8481	437	10	’s	’s	PART
cblr-8481	437	11	“	"	PUNCT
cblr-8481	437	12	application	application	NOUN
cblr-8481	437	13	to	to	ADP
cblr-8481	437	14	the	the	DET
cblr-8481	437	15	dissemination	dissemination	NOUN
cblr-8481	437	16	of	of	ADP
cblr-8481	437	17	false	false	ADJ
cblr-8481	437	18	or	or	CCONJ
cblr-8481	437	19	misleading	misleading	ADJ
cblr-8481	437	20	information	information	NOUN
cblr-8481	437	21	”	"	PUNCT
cblr-8481	437	22	but	but	CCONJ
cblr-8481	437	23	rather	rather	ADV
cblr-8481	437	24	made	make	VERB
cblr-8481	437	25	the	the	DET
cblr-8481	437	26	specific	specific	ADJ
cblr-8481	437	27	finding	finding	NOUN
cblr-8481	437	28	that	that	SCONJ
cblr-8481	437	29	“	"	PUNCT
cblr-8481	437	30	subsection	subsection	NOUN
cblr-8481	437	31	(	(	PUNCT
cblr-8481	437	32	b	b	NOUN
cblr-8481	437	33	)	)	PUNCT
cblr-8481	437	34	did	do	AUX
cblr-8481	437	35	not	not	PART
cblr-8481	437	36	(	(	PUNCT
cblr-8481	437	37	under	under	ADP
cblr-8481	437	38	the	the	DET
cblr-8481	437	39	circumstances	circumstance	NOUN
cblr-8481	437	40	)	)	PUNCT
cblr-8481	437	41	cover	cover	VERB
cblr-8481	437	42	an	an	DET
cblr-8481	437	43	investment	investment	NOUN
cblr-8481	437	44	adviser	adviser	NOUN
cblr-8481	437	45	who	who	PRON
cblr-8481	437	46	helped	help	VERB
cblr-8481	437	47	draft	draft	NOUN
cblr-8481	437	48	misstatements	misstatement	NOUN
cblr-8481	437	49	issued	issue	VERB
cblr-8481	437	50	by	by	ADP
cblr-8481	437	51	a	a	DET
cblr-8481	437	52	different	different	ADJ
cblr-8481	437	53	entity	entity	NOUN
cblr-8481	437	54	that	that	PRON
cblr-8481	437	55	controlled	control	VERB
cblr-8481	437	56	the	the	DET
cblr-8481	437	57	statements	statement	NOUN
cblr-8481	437	58	’	'	PUNCT
cblr-8481	437	59	content	content	NOUN
cblr-8481	437	60	.	.	PUNCT
cblr-8481	438	1	”94	”94	PROPN
cblr-8481	438	2	given	give	VERB
cblr-8481	438	3	these	these	DET
cblr-8481	438	4	parameters	parameter	NOUN
cblr-8481	438	5	,	,	PUNCT
cblr-8481	438	6	justice	justice	NOUN
cblr-8481	438	7	breyer	breyer	NOUN
cblr-8481	438	8	wrote	write	VERB
cblr-8481	438	9	,	,	PUNCT
cblr-8481	438	10	“	"	PUNCT
cblr-8481	438	11	we	we	PRON
cblr-8481	438	12	can	can	AUX
cblr-8481	438	13	assume	assume	VERB
cblr-8481	438	14	that	that	SCONJ
cblr-8481	438	15	janus	janus	PROPN
cblr-8481	438	16	would	would	AUX
cblr-8481	438	17	remain	remain	VERB
cblr-8481	438	18	relevant	relevant	ADJ
cblr-8481	438	19	(	(	PUNCT
cblr-8481	438	20	and	and	CCONJ
cblr-8481	438	21	preclude	preclude	VERB
cblr-8481	438	22	liability	liability	NOUN
cblr-8481	438	23	)	)	PUNCT
cblr-8481	438	24	where	where	SCONJ
cblr-8481	438	25	an	an	DET
cblr-8481	438	26	individual	individual	NOUN
cblr-8481	438	27	neither	neither	CCONJ
cblr-8481	438	28	makes	make	VERB
cblr-8481	438	29	nor	nor	CCONJ
cblr-8481	438	30	disseminates	disseminate	VERB
cblr-8481	438	31	false	false	ADJ
cblr-8481	438	32	information	information	NOUN
cblr-8481	438	33	—	—	PUNCT
cblr-8481	438	34	provided	provide	VERB
cblr-8481	438	35	,	,	PUNCT
cblr-8481	438	36	of	of	ADP
cblr-8481	438	37	course	course	NOUN
cblr-8481	438	38	,	,	PUNCT
cblr-8481	438	39	that	that	SCONJ
cblr-8481	438	40	the	the	DET
cblr-8481	438	41	individual	individual	NOUN
cblr-8481	438	42	is	be	AUX
cblr-8481	438	43	not	not	PART
cblr-8481	438	44	involved	involve	VERB
cblr-8481	438	45	in	in	ADP
cblr-8481	438	46	some	some	DET
cblr-8481	438	47	other	other	ADJ
cblr-8481	438	48	form	form	NOUN
cblr-8481	438	49	of	of	ADP
cblr-8481	438	50	fraud	fraud	NOUN
cblr-8481	438	51	.	.	PUNCT
cblr-8481	439	1	”95	”95	PROPN
cblr-8481	439	2	justice	justice	NOUN
cblr-8481	439	3	breyer	breyer	NOUN
cblr-8481	439	4	then	then	ADV
cblr-8481	439	5	explained	explain	VERB
cblr-8481	439	6	how	how	SCONJ
cblr-8481	439	7	the	the	DET
cblr-8481	439	8	court	court	NOUN
cblr-8481	439	9	’s	’s	PART
cblr-8481	439	10	decision	decision	NOUN
cblr-8481	439	11	bears	bear	NOUN
cblr-8481	439	12	on	on	ADP
cblr-8481	439	13	the	the	DET
cblr-8481	439	14	separation	separation	NOUN
cblr-8481	439	15	between	between	ADP
cblr-8481	439	16	primary	primary	ADJ
cblr-8481	439	17	and	and	CCONJ
cblr-8481	439	18	secondary	secondary	ADJ
cblr-8481	439	19	liability	liability	NOUN
cblr-8481	439	20	articulated	articulate	VERB
cblr-8481	439	21	in	in	ADP
cblr-8481	439	22	central	central	ADJ
cblr-8481	439	23	bank	bank	NOUN
cblr-8481	439	24	.	.	PUNCT
cblr-8481	440	1	he	he	PRON
cblr-8481	440	2	rejected	reject	VERB
cblr-8481	440	3	lorenzo	lorenzo	PROPN
cblr-8481	440	4	’s	’s	PART
cblr-8481	440	5	concerns	concern	NOUN
cblr-8481	440	6	about	about	ADP
cblr-8481	440	7	“	"	PUNCT
cblr-8481	440	8	eras[ing	eras[e	VERB
cblr-8481	440	9	]	]	PUNCT
cblr-8481	440	10	.	.	PUNCT
cblr-8481	440	11	.	.	PUNCT
cblr-8481	440	12	.	.	PUNCT
cblr-8481	441	1	what	what	PRON
cblr-8481	441	2	is	be	AUX
cblr-8481	441	3	otherwise	otherwise	ADV
cblr-8481	441	4	a	a	DET
cblr-8481	441	5	clear	clear	ADJ
cblr-8481	441	6	subsection	subsection	NOUN
cblr-8481	441	7	(	(	PUNCT
cblr-8481	441	8	c	c	NOUN
cblr-8481	441	9	)	)	PUNCT
cblr-8481	441	10	.	.	PUNCT
cblr-8481	441	11	”	"	PUNCT
cblr-8481	442	1	i	i	PRON
cblr-8481	442	2	d.	d.	PROPN
cblr-8481	442	3	at	at	ADP
cblr-8481	442	4	1102	1102	NUM
cblr-8481	442	5	(	(	PUNCT
cblr-8481	442	6	majority	majority	NOUN
cblr-8481	442	7	opinion	opinion	NOUN
cblr-8481	442	8	)	)	PUNCT
cblr-8481	442	9	(	(	PUNCT
cblr-8481	442	10	alterations	alteration	NOUN
cblr-8481	442	11	in	in	ADP
cblr-8481	442	12	original	original	ADJ
cblr-8481	442	13	)	)	PUNCT
cblr-8481	442	14	(	(	PUNCT
cblr-8481	442	15	quoting	quote	VERB
cblr-8481	442	16	17	17	NUM
cblr-8481	442	17	c.f.r	c.f.r	NOUN
cblr-8481	442	18	.	.	PUNCT
cblr-8481	443	1	§	§	PROPN
cblr-8481	443	2	240.10b-5	240.10b-5	NUM
cblr-8481	443	3	(	(	PUNCT
cblr-8481	443	4	2018	2018	NUM
cblr-8481	443	5	)	)	PUNCT
cblr-8481	443	6	)	)	PUNCT
cblr-8481	443	7	.	.	PUNCT
cblr-8481	444	1	90	90	NUM
cblr-8481	445	1	i	i	PRON
cblr-8481	445	2	d.	d.	PROPN
cblr-8481	445	3	at	at	ADP
cblr-8481	445	4	1102–03	1102–03	PROPN
cblr-8481	445	5	.	.	PUNCT
cblr-8481	446	1	91	91	NUM
cblr-8481	447	1	i	i	PRON
cblr-8481	447	2	d.	d.	PROPN
cblr-8481	447	3	92	92	NUM
cblr-8481	448	1	i	i	PROPN
cblr-8481	448	2	d.	d.	PROPN
cblr-8481	448	3	(	(	PUNCT
cblr-8481	448	4	quoting	quote	VERB
cblr-8481	448	5	sec	sec	PROPN
cblr-8481	448	6	v.	v.	ADP
cblr-8481	448	7	w.	w.	PROPN
cblr-8481	448	8	j.	j.	PROPN
cblr-8481	448	9	howey	howey	PROPN
cblr-8481	448	10	co.	co.	PROPN
cblr-8481	448	11	,	,	PUNCT
cblr-8481	448	12	328	328	NUM
cblr-8481	448	13	u.s	u.s	PROPN
cblr-8481	448	14	.	.	PROPN
cblr-8481	448	15	293	293	NUM
cblr-8481	448	16	,	,	PUNCT
cblr-8481	448	17	299	299	NUM
cblr-8481	448	18	(	(	PUNCT
cblr-8481	448	19	1946	1946	NUM
cblr-8481	448	20	)	)	PUNCT
cblr-8481	448	21	)	)	PUNCT
cblr-8481	448	22	.	.	PUNCT
cblr-8481	449	1	93	93	NUM
cblr-8481	450	1	i	i	PRON
cblr-8481	450	2	d.	d.	PROPN
cblr-8481	450	3	at	at	ADP
cblr-8481	450	4	1104	1104	NUM
cblr-8481	450	5	.	.	PUNCT
cblr-8481	451	1	94	94	NUM
cblr-8481	452	1	i	i	PRON
cblr-8481	452	2	d.	d.	PROPN
cblr-8481	452	3	at	at	ADP
cblr-8481	452	4	1103	1103	NUM
cblr-8481	452	5	(	(	PUNCT
cblr-8481	452	6	citing	cite	VERB
cblr-8481	452	7	janus	janus	PROPN
cblr-8481	452	8	cap	cap	PROPN
cblr-8481	452	9	.	.	PUNCT
cblr-8481	453	1	grp	grp	PROPN
cblr-8481	453	2	.	.	PUNCT
cblr-8481	454	1	v.	v.	ADP
cblr-8481	454	2	first	first	ADJ
cblr-8481	454	3	derivative	derivative	ADJ
cblr-8481	454	4	traders	trader	NOUN
cblr-8481	454	5	,	,	PUNCT
cblr-8481	454	6	564	564	NUM
cblr-8481	454	7	u.s	u.s	PROPN
cblr-8481	454	8	.	.	PROPN
cblr-8481	454	9	135	135	NUM
cblr-8481	454	10	,	,	PUNCT
cblr-8481	454	11	146–48	146–48	NUM
cblr-8481	454	12	(	(	PUNCT
cblr-8481	454	13	2011	2011	NUM
cblr-8481	454	14	)	)	PUNCT
cblr-8481	454	15	)	)	PUNCT
cblr-8481	454	16	.	.	PUNCT
cblr-8481	455	1	95	95	NUM
cblr-8481	456	1	i	i	PRON
cblr-8481	456	2	d.	d.	PROPN
cblr-8481	456	3	note	note	VERB
cblr-8481	456	4	lieberman	lieberman	PROPN
cblr-8481	456	5	6/13/2021	6/13/2021	NUM
cblr-8481	456	6	8:45	8:45	NUM
cblr-8481	456	7	pm	pm	NOUN
cblr-8481	456	8	374	374	NUM
cblr-8481	456	9	columbia	columbia	PROPN
cblr-8481	456	10	business	business	NOUN
cblr-8481	456	11	law	law	PROPN
cblr-8481	456	12	review	review	NOUN
cblr-8481	456	13	[	[	X
cblr-8481	456	14	vol	vol	NOUN
cblr-8481	456	15	.	.	NOUN
cblr-8481	456	16	2021	2021	NUM
cblr-8481	456	17	distinction	distinction	NOUN
cblr-8481	456	18	between	between	ADP
cblr-8481	456	19	primary	primary	ADJ
cblr-8481	456	20	and	and	CCONJ
cblr-8481	456	21	secondary	secondary	ADJ
cblr-8481	456	22	(	(	PUNCT
cblr-8481	456	23	i.e.	i.e.	X
cblr-8481	456	24	,	,	PUNCT
cblr-8481	456	25	aiding	aid	VERB
cblr-8481	456	26	and	and	CCONJ
cblr-8481	456	27	abetting	abet	VERB
cblr-8481	456	28	)	)	PUNCT
cblr-8481	456	29	liability	liability	NOUN
cblr-8481	456	30	.	.	PUNCT
cblr-8481	457	1	”96	”96	ADV
cblr-8481	457	2	he	he	PRON
cblr-8481	457	3	instead	instead	ADV
cblr-8481	457	4	claimed	claim	VERB
cblr-8481	457	5	that	that	SCONJ
cblr-8481	457	6	the	the	DET
cblr-8481	457	7	majority	majority	NOUN
cblr-8481	457	8	’s	’s	PART
cblr-8481	457	9	distinction	distinction	NOUN
cblr-8481	457	10	is	be	AUX
cblr-8481	457	11	as	as	ADV
cblr-8481	457	12	administrable	administrable	ADJ
cblr-8481	457	13	as	as	ADP
cblr-8481	457	14	the	the	DET
cblr-8481	457	15	lines	line	NOUN
cblr-8481	457	16	drawn	draw	VERB
cblr-8481	457	17	in	in	ADP
cblr-8481	457	18	janus	janus	PROPN
cblr-8481	457	19	,	,	PUNCT
cblr-8481	457	20	stoneridge	stoneridge	PROPN
cblr-8481	457	21	,	,	PUNCT
cblr-8481	457	22	and	and	CCONJ
cblr-8481	457	23	central	central	ADJ
cblr-8481	457	24	bank	bank	NOUN
cblr-8481	457	25	,	,	PUNCT
cblr-8481	457	26	for	for	ADP
cblr-8481	457	27	“	"	PUNCT
cblr-8481	457	28	[	[	X
cblr-8481	457	29	t]hose	t]hose	X
cblr-8481	457	30	who	who	PRON
cblr-8481	457	31	disseminate	disseminate	VERB
cblr-8481	457	32	false	false	ADJ
cblr-8481	457	33	statements	statement	NOUN
cblr-8481	457	34	with	with	ADP
cblr-8481	457	35	intent	intent	NOUN
cblr-8481	457	36	to	to	PART
cblr-8481	457	37	defraud	defraud	VERB
cblr-8481	457	38	are	be	AUX
cblr-8481	457	39	primarily	primarily	ADV
cblr-8481	457	40	liable	liable	ADJ
cblr-8481	457	41	under	under	ADP
cblr-8481	457	42	rules	rule	NOUN
cblr-8481	457	43	10b-5(a	10b-5(a	NUM
cblr-8481	457	44	)	)	PUNCT
cblr-8481	457	45	and	and	CCONJ
cblr-8481	457	46	(	(	PUNCT
cblr-8481	457	47	c	c	NOUN
cblr-8481	457	48	)	)	PUNCT
cblr-8481	457	49	,	,	PUNCT
cblr-8481	458	1	[	[	X
cblr-8481	458	2	section	section	NOUN
cblr-8481	458	3	]	]	PUNCT
cblr-8481	458	4	10(b	10(b	NUM
cblr-8481	458	5	)	)	PUNCT
cblr-8481	458	6	,	,	PUNCT
cblr-8481	458	7	and	and	CCONJ
cblr-8481	458	8	[	[	X
cblr-8481	458	9	section	section	NOUN
cblr-8481	458	10	]	]	PUNCT
cblr-8481	458	11	17(a)(1	17(a)(1	NUM
cblr-8481	458	12	)	)	PUNCT
cblr-8481	458	13	,	,	PUNCT
cblr-8481	458	14	even	even	ADV
cblr-8481	458	15	if	if	SCONJ
cblr-8481	458	16	they	they	PRON
cblr-8481	458	17	are	be	AUX
cblr-8481	458	18	secondarily	secondarily	ADV
cblr-8481	458	19	liable	liable	ADJ
cblr-8481	458	20	under	under	ADP
cblr-8481	458	21	rule	rule	NOUN
cblr-8481	458	22	10b5(b).”97	10b5(b).”97	NUM
cblr-8481	458	23	c.	c.	PROPN
cblr-8481	458	24	justice	justice	PROPN
cblr-8481	458	25	thomas	thomas	PROPN
cblr-8481	458	26	’s	’s	PART
cblr-8481	458	27	dissent	dissent	NOUN
cblr-8481	458	28	while	while	SCONJ
cblr-8481	458	29	justice	justice	NOUN
cblr-8481	458	30	breyer	breyer	NOUN
cblr-8481	458	31	believed	believe	VERB
cblr-8481	458	32	that	that	SCONJ
cblr-8481	458	33	the	the	DET
cblr-8481	458	34	line	line	NOUN
cblr-8481	458	35	drawn	draw	VERB
cblr-8481	458	36	between	between	ADP
cblr-8481	458	37	primary	primary	ADJ
cblr-8481	458	38	and	and	CCONJ
cblr-8481	458	39	secondary	secondary	ADJ
cblr-8481	458	40	liability	liability	NOUN
cblr-8481	458	41	can	can	AUX
cblr-8481	458	42	be	be	AUX
cblr-8481	458	43	maintained	maintain	VERB
cblr-8481	458	44	in	in	ADP
cblr-8481	458	45	spite	spite	NOUN
cblr-8481	458	46	of	of	ADP
cblr-8481	458	47	the	the	DET
cblr-8481	458	48	court	court	NOUN
cblr-8481	458	49	’s	’s	PART
cblr-8481	458	50	extension	extension	NOUN
cblr-8481	458	51	of	of	ADP
cblr-8481	458	52	10b-5	10b-5	NOUN
cblr-8481	458	53	’s	’s	PART
cblr-8481	458	54	reach	reach	NOUN
cblr-8481	458	55	,	,	PUNCT
cblr-8481	458	56	justice	justice	PROPN
cblr-8481	458	57	thomas	thomas	PROPN
cblr-8481	458	58	believed	believe	VERB
cblr-8481	458	59	that	that	SCONJ
cblr-8481	458	60	the	the	DET
cblr-8481	458	61	case	case	NOUN
cblr-8481	458	62	“	"	PUNCT
cblr-8481	458	63	eviscerate[d	eviscerate[d	PROPN
cblr-8481	458	64	]	]	PUNCT
cblr-8481	458	65	”	"	PUNCT
cblr-8481	458	66	the	the	DET
cblr-8481	458	67	central	central	ADJ
cblr-8481	458	68	bank	bank	NOUN
cblr-8481	458	69	distinction	distinction	NOUN
cblr-8481	458	70	between	between	ADP
cblr-8481	458	71	primary	primary	ADJ
cblr-8481	458	72	and	and	CCONJ
cblr-8481	458	73	secondary	secondary	ADJ
cblr-8481	458	74	liability.98	liability.98	PROPN
cblr-8481	458	75	thus	thus	ADV
cblr-8481	458	76	,	,	PUNCT
cblr-8481	458	77	he	he	PRON
cblr-8481	458	78	regarded	regard	VERB
cblr-8481	458	79	the	the	DET
cblr-8481	458	80	decision	decision	NOUN
cblr-8481	458	81	as	as	ADP
cblr-8481	458	82	an	an	DET
cblr-8481	458	83	improper	improper	ADJ
cblr-8481	458	84	interpretation	interpretation	NOUN
cblr-8481	458	85	of	of	ADP
cblr-8481	458	86	the	the	DET
cblr-8481	458	87	securities	security	NOUN
cblr-8481	458	88	laws	law	NOUN
cblr-8481	458	89	“	"	PUNCT
cblr-8481	458	90	likely	likely	ADJ
cblr-8481	458	91	to	to	PART
cblr-8481	458	92	have	have	VERB
cblr-8481	458	93	far	far	ADV
cblr-8481	458	94	-	-	PUNCT
cblr-8481	458	95	reaching	reach	VERB
cblr-8481	458	96	consequences	consequence	NOUN
cblr-8481	458	97	.	.	PUNCT
cblr-8481	459	1	”99	”99	PROPN
cblr-8481	459	2	for	for	ADP
cblr-8481	459	3	example	example	NOUN
cblr-8481	459	4	,	,	PUNCT
cblr-8481	459	5	he	he	PRON
cblr-8481	459	6	wrote	write	VERB
cblr-8481	459	7	,	,	PUNCT
cblr-8481	459	8	“	"	PUNCT
cblr-8481	459	9	the	the	DET
cblr-8481	459	10	majority	majority	NOUN
cblr-8481	459	11	does	do	AUX
cblr-8481	459	12	precisely	precisely	ADV
cblr-8481	459	13	what	what	PRON
cblr-8481	459	14	we	we	PRON
cblr-8481	459	15	declined	decline	VERB
cblr-8481	459	16	to	to	PART
cblr-8481	459	17	do	do	VERB
cblr-8481	459	18	in	in	ADP
cblr-8481	459	19	janus	janus	PROPN
cblr-8481	459	20	:	:	PUNCT
cblr-8481	459	21	impose	impose	VERB
cblr-8481	459	22	broad	broad	ADJ
cblr-8481	459	23	liability	liability	NOUN
cblr-8481	459	24	for	for	ADP
cblr-8481	459	25	fraudulent	fraudulent	ADJ
cblr-8481	459	26	misstatements	misstatement	NOUN
cblr-8481	459	27	in	in	ADP
cblr-8481	459	28	a	a	DET
cblr-8481	459	29	way	way	NOUN
cblr-8481	459	30	that	that	PRON
cblr-8481	459	31	makes	make	VERB
cblr-8481	459	32	the	the	DET
cblr-8481	459	33	category	category	NOUN
cblr-8481	459	34	of	of	ADP
cblr-8481	459	35	aiders	aider	NOUN
cblr-8481	459	36	and	and	CCONJ
cblr-8481	459	37	abettors	abettor	NOUN
cblr-8481	459	38	in	in	ADP
cblr-8481	459	39	these	these	DET
cblr-8481	459	40	cases	case	NOUN
cblr-8481	459	41	‘	'	PUNCT
cblr-8481	459	42	almost	almost	ADV
cblr-8481	459	43	nonexistent	nonexistent	ADJ
cblr-8481	459	44	.	.	PUNCT
cblr-8481	460	1	’”100	’”100	PROPN
cblr-8481	460	2	he	he	PRON
cblr-8481	460	3	therefore	therefore	ADV
cblr-8481	460	4	worried	worry	VERB
cblr-8481	460	5	this	this	PRON
cblr-8481	460	6	would	would	AUX
cblr-8481	460	7	expand	expand	VERB
cblr-8481	460	8	the	the	DET
cblr-8481	460	9	rule	rule	NOUN
cblr-8481	460	10	10b-5	10b-5	NUM
cblr-8481	460	11	private	private	ADJ
cblr-8481	460	12	right	right	NOUN
cblr-8481	460	13	of	of	ADP
cblr-8481	460	14	action	action	NOUN
cblr-8481	460	15	in	in	ADP
cblr-8481	460	16	general	general	ADJ
cblr-8481	460	17	,	,	PUNCT
cblr-8481	460	18	claiming	claim	VERB
cblr-8481	460	19	that	that	SCONJ
cblr-8481	460	20	“	"	PUNCT
cblr-8481	460	21	[	[	X
cblr-8481	460	22	i]f	i]f	X
cblr-8481	460	23	lorenzo	lorenzo	PROPN
cblr-8481	460	24	’s	’s	PART
cblr-8481	460	25	conduct	conduct	NOUN
cblr-8481	460	26	here	here	ADV
cblr-8481	460	27	qualifies	qualify	VERB
cblr-8481	460	28	for	for	ADP
cblr-8481	460	29	primary	primary	ADJ
cblr-8481	460	30	liability	liability	NOUN
cblr-8481	460	31	under	under	ADP
cblr-8481	460	32	[	[	X
cblr-8481	460	33	section	section	NOUN
cblr-8481	460	34	]	]	PUNCT
cblr-8481	460	35	10(b	10(b	NUM
cblr-8481	460	36	)	)	PUNCT
cblr-8481	460	37	and	and	CCONJ
cblr-8481	460	38	rule	rule	NOUN
cblr-8481	460	39	10b-5(a	10b-5(a	NUM
cblr-8481	460	40	)	)	PUNCT
cblr-8481	460	41	or	or	CCONJ
cblr-8481	460	42	(	(	PUNCT
cblr-8481	460	43	c	c	NOUN
cblr-8481	460	44	)	)	PUNCT
cblr-8481	460	45	,	,	PUNCT
cblr-8481	460	46	then	then	ADV
cblr-8481	460	47	virtually	virtually	ADV
cblr-8481	460	48	any	any	DET
cblr-8481	460	49	person	person	NOUN
cblr-8481	460	50	who	who	PRON
cblr-8481	460	51	assists	assist	VERB
cblr-8481	460	52	with	with	ADP
cblr-8481	460	53	the	the	DET
cblr-8481	460	54	making	making	NOUN
cblr-8481	460	55	of	of	ADP
cblr-8481	460	56	a	a	DET
cblr-8481	460	57	fraudulent	fraudulent	ADJ
cblr-8481	460	58	misstatement	misstatement	NOUN
cblr-8481	460	59	will	will	AUX
cblr-8481	460	60	be	be	AUX
cblr-8481	460	61	primarily	primarily	ADV
cblr-8481	460	62	liable	liable	ADJ
cblr-8481	460	63	and	and	CCONJ
cblr-8481	460	64	thereby	thereby	ADV
cblr-8481	460	65	subject	subject	ADJ
cblr-8481	460	66	not	not	PART
cblr-8481	460	67	only	only	ADV
cblr-8481	460	68	to	to	ADP
cblr-8481	460	69	sec	sec	PROPN
cblr-8481	460	70	enforcement	enforcement	NOUN
cblr-8481	460	71	,	,	PUNCT
cblr-8481	460	72	but	but	CCONJ
cblr-8481	460	73	private	private	ADJ
cblr-8481	460	74	lawsuits	lawsuit	NOUN
cblr-8481	460	75	.	.	PUNCT
cblr-8481	461	1	”101	”101	NOUN
cblr-8481	461	2	96	96	NUM
cblr-8481	462	1	i	i	PRON
cblr-8481	462	2	d.	d.	PROPN
cblr-8481	462	3	97	97	NUM
cblr-8481	463	1	i	i	PRON
cblr-8481	463	2	d.	d.	PROPN
cblr-8481	463	3	at	at	ADP
cblr-8481	463	4	1104	1104	NUM
cblr-8481	463	5	.	.	PUNCT
cblr-8481	464	1	98	98	NUM
cblr-8481	465	1	i	i	PRON
cblr-8481	465	2	d.	d.	NOUN
cblr-8481	465	3	at	at	ADP
cblr-8481	465	4	1105–06	1105–06	PROPN
cblr-8481	465	5	(	(	PUNCT
cblr-8481	465	6	thomas	thomas	PROPN
cblr-8481	465	7	,	,	PUNCT
cblr-8481	465	8	j.	j.	PROPN
cblr-8481	465	9	,	,	PUNCT
cblr-8481	465	10	dissenting	dissent	VERB
cblr-8481	465	11	)	)	PUNCT
cblr-8481	465	12	.	.	PUNCT
cblr-8481	466	1	99	99	NUM
cblr-8481	467	1	i	i	PRON
cblr-8481	467	2	d.	d.	PROPN
cblr-8481	467	3	at	at	ADP
cblr-8481	467	4	1106	1106	NUM
cblr-8481	467	5	.	.	PUNCT
cblr-8481	468	1	100	100	NUM
cblr-8481	469	1	i	i	PRON
cblr-8481	469	2	d.	d.	PROPN
cblr-8481	469	3	at	at	ADP
cblr-8481	469	4	1110	1110	PROPN
cblr-8481	469	5	(	(	PUNCT
cblr-8481	469	6	quoting	quote	VERB
cblr-8481	469	7	janus	janus	PROPN
cblr-8481	469	8	cap	cap	PROPN
cblr-8481	469	9	.	.	PUNCT
cblr-8481	470	1	grp	grp	PROPN
cblr-8481	470	2	.	.	PUNCT
cblr-8481	471	1	v.	v.	ADP
cblr-8481	471	2	first	first	ADJ
cblr-8481	471	3	derivative	derivative	ADJ
cblr-8481	471	4	traders	trader	NOUN
cblr-8481	471	5	,	,	PUNCT
cblr-8481	471	6	564	564	NUM
cblr-8481	471	7	u.s	u.s	PROPN
cblr-8481	471	8	.	.	PROPN
cblr-8481	471	9	135	135	NUM
cblr-8481	471	10	,	,	PUNCT
cblr-8481	471	11	143	143	NUM
cblr-8481	471	12	(	(	PUNCT
cblr-8481	471	13	2011	2011	NUM
cblr-8481	471	14	)	)	PUNCT
cblr-8481	471	15	)	)	PUNCT
cblr-8481	471	16	.	.	PUNCT
cblr-8481	472	1	101	101	NUM
cblr-8481	473	1	i	i	PRON
cblr-8481	473	2	d.	d.	PROPN
cblr-8481	473	3	he	he	PRON
cblr-8481	473	4	also	also	ADV
cblr-8481	473	5	doubted	doubt	VERB
cblr-8481	473	6	that	that	PRON
cblr-8481	473	7	misstatement	misstatement	NOUN
cblr-8481	473	8	and	and	CCONJ
cblr-8481	473	9	scheme	scheme	NOUN
cblr-8481	473	10	claims	claim	NOUN
cblr-8481	473	11	are	be	AUX
cblr-8481	473	12	overlapping	overlap	VERB
cblr-8481	473	13	offenses	offense	NOUN
cblr-8481	473	14	,	,	PUNCT
cblr-8481	473	15	believing	believe	VERB
cblr-8481	473	16	that	that	SCONJ
cblr-8481	473	17	unlike	unlike	ADP
cblr-8481	473	18	“	"	PUNCT
cblr-8481	473	19	when	when	SCONJ
cblr-8481	473	20	someone	someone	PRON
cblr-8481	473	21	illegally	illegally	ADV
cblr-8481	473	22	sells	sell	VERB
cblr-8481	473	23	a	a	DET
cblr-8481	473	24	gun	gun	NOUN
cblr-8481	473	25	to	to	PART
cblr-8481	473	26	help	help	VERB
cblr-8481	473	27	another	another	DET
cblr-8481	473	28	person	person	NOUN
cblr-8481	473	29	rob	rob	VERB
cblr-8481	473	30	a	a	DET
cblr-8481	473	31	bank	bank	NOUN
cblr-8481	473	32	.	.	PUNCT
cblr-8481	473	33	.	.	PUNCT
cblr-8481	473	34	.	.	PUNCT
cblr-8481	473	35	.	.	PUNCT
cblr-8481	474	1	[	[	X
cblr-8481	474	2	,	,	PUNCT
cblr-8481	474	3	]	]	PUNCT
cblr-8481	474	4	this	this	DET
cblr-8481	474	5	case	case	NOUN
cblr-8481	474	6	does	do	AUX
cblr-8481	474	7	not	not	PART
cblr-8481	474	8	involve	involve	VERB
cblr-8481	474	9	two	two	NUM
cblr-8481	474	10	distinct	distinct	ADJ
cblr-8481	474	11	crimes	crime	NOUN
cblr-8481	474	12	.	.	PUNCT
cblr-8481	474	13	”	"	PUNCT
cblr-8481	475	1	i	i	PRON
cblr-8481	475	2	d.	d.	PROPN
cblr-8481	475	3	he	he	PRON
cblr-8481	475	4	found	find	VERB
cblr-8481	475	5	this	this	DET
cblr-8481	475	6	especially	especially	ADV
cblr-8481	475	7	problematic	problematic	ADJ
cblr-8481	475	8	given	give	VERB
cblr-8481	475	9	his	his	PRON
cblr-8481	475	10	belief	belief	NOUN
cblr-8481	475	11	that	that	SCONJ
cblr-8481	475	12	subsections	subsection	NOUN
cblr-8481	475	13	(	(	PUNCT
cblr-8481	475	14	a	a	NOUN
cblr-8481	475	15	)	)	PUNCT
cblr-8481	475	16	and	and	CCONJ
cblr-8481	475	17	(	(	PUNCT
cblr-8481	475	18	c	c	X
cblr-8481	475	19	)	)	PUNCT
cblr-8481	475	20	are	be	AUX
cblr-8481	475	21	meant	mean	VERB
cblr-8481	475	22	to	to	PART
cblr-8481	475	23	cover	cover	VERB
cblr-8481	475	24	specific	specific	ADJ
cblr-8481	475	25	conduct	conduct	NOUN
cblr-8481	475	26	that	that	PRON
cblr-8481	475	27	does	do	AUX
cblr-8481	475	28	not	not	PART
cblr-8481	475	29	include	include	VERB
cblr-8481	475	30	misstatements	misstatement	NOUN
cblr-8481	475	31	.	.	PUNCT
cblr-8481	476	1	i	i	PRON
cblr-8481	476	2	d.	d.	PROPN
cblr-8481	476	3	at	at	ADP
cblr-8481	476	4	1110–11	1110–11	PROPN
cblr-8481	476	5	.	.	PUNCT
cblr-8481	477	1	note	note	NOUN
cblr-8481	477	2	–	–	PUNCT
cblr-8481	477	3	lieberman	lieberman	PROPN
cblr-8481	478	1	6/13/2021	6/13/2021	NUM
cblr-8481	478	2	8:45	8:45	NUM
cblr-8481	478	3	pm	pm	NOUN
cblr-8481	478	4	no	no	INTJ
cblr-8481	478	5	.	.	PUNCT
cblr-8481	479	1	1:352	1:352	NUM
cblr-8481	479	2	]	]	X
cblr-8481	479	3	lorenzo	lorenzo	PROPN
cblr-8481	479	4	v.	v.	ADP
cblr-8481	479	5	sec	sec	PROPN
cblr-8481	479	6	and	and	CCONJ
cblr-8481	479	7	the	the	DET
cblr-8481	479	8	expansion	expansion	NOUN
cblr-8481	479	9	of	of	ADP
cblr-8481	479	10	scheme	scheme	NOUN
cblr-8481	479	11	liability	liability	NOUN
cblr-8481	479	12	375	375	NUM
cblr-8481	479	13	justice	justice	NOUN
cblr-8481	479	14	thomas	thomas	PROPN
cblr-8481	479	15	specifically	specifically	ADV
cblr-8481	479	16	came	come	VERB
cblr-8481	479	17	to	to	ADP
cblr-8481	479	18	the	the	DET
cblr-8481	479	19	conclusion	conclusion	NOUN
cblr-8481	479	20	that	that	SCONJ
cblr-8481	479	21	subsections	subsection	NOUN
cblr-8481	479	22	(	(	PUNCT
cblr-8481	479	23	a	a	X
cblr-8481	479	24	)	)	PUNCT
cblr-8481	479	25	and	and	CCONJ
cblr-8481	479	26	(	(	PUNCT
cblr-8481	479	27	c	c	X
cblr-8481	479	28	)	)	PUNCT
cblr-8481	479	29	are	be	AUX
cblr-8481	479	30	meant	mean	VERB
cblr-8481	479	31	to	to	PART
cblr-8481	479	32	cover	cover	VERB
cblr-8481	479	33	a	a	DET
cblr-8481	479	34	narrower	narrow	ADJ
cblr-8481	479	35	category	category	NOUN
cblr-8481	479	36	of	of	ADP
cblr-8481	479	37	conduct	conduct	NOUN
cblr-8481	479	38	than	than	SCONJ
cblr-8481	479	39	the	the	DET
cblr-8481	479	40	majority	majority	NOUN
cblr-8481	479	41	envisioned	envision	VERB
cblr-8481	479	42	.	.	PUNCT
cblr-8481	480	1	with	with	ADP
cblr-8481	480	2	regard	regard	NOUN
cblr-8481	480	3	to	to	ADP
cblr-8481	480	4	subsection	subsection	NOUN
cblr-8481	480	5	(	(	PUNCT
cblr-8481	480	6	a	a	NOUN
cblr-8481	480	7	)	)	PUNCT
cblr-8481	480	8	,	,	PUNCT
cblr-8481	480	9	he	he	PRON
cblr-8481	480	10	wrote	write	VERB
cblr-8481	480	11	that	that	SCONJ
cblr-8481	480	12	[	[	X
cblr-8481	480	13	t]he	t]he	ADJ
cblr-8481	480	14	act	act	NOUN
cblr-8481	480	15	of	of	ADP
cblr-8481	480	16	knowingly	knowingly	ADV
cblr-8481	480	17	disseminating	disseminate	VERB
cblr-8481	480	18	a	a	DET
cblr-8481	480	19	false	false	ADJ
cblr-8481	480	20	statement	statement	NOUN
cblr-8481	480	21	at	at	ADP
cblr-8481	480	22	the	the	DET
cblr-8481	480	23	behest	behest	NOUN
cblr-8481	480	24	of	of	ADP
cblr-8481	480	25	its	its	PRON
cblr-8481	480	26	maker	maker	NOUN
cblr-8481	480	27	,	,	PUNCT
cblr-8481	480	28	without	without	ADP
cblr-8481	480	29	more	more	ADJ
cblr-8481	480	30	,	,	PUNCT
cblr-8481	480	31	does	do	AUX
cblr-8481	480	32	not	not	PART
cblr-8481	480	33	amount	amount	VERB
cblr-8481	480	34	to	to	ADP
cblr-8481	480	35	“	"	PUNCT
cblr-8481	480	36	employ[ing	employ[e	VERB
cblr-8481	480	37	]	]	PUNCT
cblr-8481	480	38	any	any	DET
cblr-8481	480	39	device	device	NOUN
cblr-8481	480	40	,	,	PUNCT
cblr-8481	480	41	scheme	scheme	NOUN
cblr-8481	480	42	,	,	PUNCT
cblr-8481	480	43	or	or	CCONJ
cblr-8481	480	44	artifice	artifice	VERB
cblr-8481	480	45	to	to	PART
cblr-8481	480	46	defraud	defraud	VERB
cblr-8481	480	47	”	"	PUNCT
cblr-8481	480	48	.	.	PUNCT
cblr-8481	480	49	.	.	PUNCT
cblr-8481	480	50	.	.	PUNCT
cblr-8481	481	1	.	.	PUNCT
cblr-8481	482	1	as	as	SCONJ
cblr-8481	482	2	the	the	DET
cblr-8481	482	3	contemporaneous	contemporaneous	ADJ
cblr-8481	482	4	dictionary	dictionary	ADJ
cblr-8481	482	5	definitions	definition	NOUN
cblr-8481	482	6	cited	cite	VERB
cblr-8481	482	7	by	by	ADP
cblr-8481	482	8	the	the	DET
cblr-8481	482	9	majority	majority	NOUN
cblr-8481	482	10	make	make	VERB
cblr-8481	482	11	clear	clear	ADJ
cblr-8481	482	12	,	,	PUNCT
cblr-8481	482	13	each	each	PRON
cblr-8481	482	14	of	of	ADP
cblr-8481	482	15	these	these	DET
cblr-8481	482	16	words	word	NOUN
cblr-8481	482	17	requires	require	VERB
cblr-8481	482	18	some	some	DET
cblr-8481	482	19	form	form	NOUN
cblr-8481	482	20	of	of	ADP
cblr-8481	482	21	planning	planning	NOUN
cblr-8481	482	22	,	,	PUNCT
cblr-8481	482	23	designing	designing	NOUN
cblr-8481	482	24	,	,	PUNCT
cblr-8481	482	25	devising	devise	VERB
cblr-8481	482	26	,	,	PUNCT
cblr-8481	482	27	or	or	CCONJ
cblr-8481	482	28	strategizing.102	strategizing.102	NOUN
cblr-8481	482	29	thus	thus	ADV
cblr-8481	482	30	,	,	PUNCT
cblr-8481	482	31	because	because	SCONJ
cblr-8481	482	32	lorenzo	lorenzo	NOUN
cblr-8481	482	33	did	do	AUX
cblr-8481	482	34	not	not	PART
cblr-8481	482	35	participate	participate	VERB
cblr-8481	482	36	in	in	ADP
cblr-8481	482	37	the	the	DET
cblr-8481	482	38	plan	plan	NOUN
cblr-8481	482	39	to	to	PART
cblr-8481	482	40	defraud	defraud	VERB
cblr-8481	482	41	the	the	DET
cblr-8481	482	42	investors	investor	NOUN
cblr-8481	482	43	in	in	ADP
cblr-8481	482	44	the	the	DET
cblr-8481	482	45	sense	sense	NOUN
cblr-8481	482	46	of	of	ADP
cblr-8481	482	47	designing	design	VERB
cblr-8481	482	48	the	the	DET
cblr-8481	482	49	plan	plan	NOUN
cblr-8481	482	50	,	,	PUNCT
cblr-8481	482	51	his	his	PRON
cblr-8481	482	52	conduct	conduct	NOUN
cblr-8481	482	53	should	should	AUX
cblr-8481	482	54	fall	fall	VERB
cblr-8481	482	55	outside	outside	ADV
cblr-8481	482	56	of	of	ADP
cblr-8481	482	57	the	the	DET
cblr-8481	482	58	scope	scope	NOUN
cblr-8481	482	59	of	of	ADP
cblr-8481	482	60	subsection	subsection	NOUN
cblr-8481	482	61	(	(	PUNCT
cblr-8481	482	62	a).103	a).103	X
cblr-8481	482	63	similarly	similarly	ADV
cblr-8481	482	64	,	,	PUNCT
cblr-8481	482	65	justice	justice	PROPN
cblr-8481	482	66	thomas	thomas	PROPN
cblr-8481	482	67	stated	state	VERB
cblr-8481	482	68	of	of	ADP
cblr-8481	482	69	subsection	subsection	NOUN
cblr-8481	482	70	(	(	PUNCT
cblr-8481	482	71	c	c	NOUN
cblr-8481	482	72	)	)	PUNCT
cblr-8481	482	73	that	that	PRON
cblr-8481	482	74	,	,	PUNCT
cblr-8481	482	75	while	while	SCONJ
cblr-8481	482	76	it	it	PRON
cblr-8481	482	77	“	"	PUNCT
cblr-8481	482	78	seems	seem	VERB
cblr-8481	482	79	broader	broad	ADJ
cblr-8481	482	80	at	at	ADP
cblr-8481	482	81	first	first	ADJ
cblr-8481	482	82	blush	blush	NOUN
cblr-8481	482	83	,	,	PUNCT
cblr-8481	482	84	”	"	PUNCT
cblr-8481	482	85	it	it	PRON
cblr-8481	482	86	needs	need	VERB
cblr-8481	482	87	to	to	PART
cblr-8481	482	88	viewed	view	VERB
cblr-8481	482	89	within	within	ADP
cblr-8481	482	90	the	the	DET
cblr-8481	482	91	context	context	NOUN
cblr-8481	482	92	of	of	ADP
cblr-8481	482	93	its	its	PRON
cblr-8481	482	94	statutory	statutory	ADJ
cblr-8481	482	95	scheme	scheme	NOUN
cblr-8481	482	96	and	and	CCONJ
cblr-8481	482	97	the	the	DET
cblr-8481	482	98	presence	presence	NOUN
cblr-8481	482	99	of	of	ADP
cblr-8481	482	100	a	a	DET
cblr-8481	482	101	“	"	PUNCT
cblr-8481	482	102	prohibition	prohibition	NOUN
cblr-8481	482	103	specifically	specifically	ADV
cblr-8481	482	104	addressing	address	VERB
cblr-8481	482	105	primary	primary	ADJ
cblr-8481	482	106	liability	liability	NOUN
cblr-8481	482	107	for	for	ADP
cblr-8481	482	108	false	false	ADJ
cblr-8481	482	109	statements	statement	NOUN
cblr-8481	482	110	.	.	PUNCT
cblr-8481	482	111	”104	”104	PUNCT
cblr-8481	483	1	the	the	DET
cblr-8481	483	2	presence	presence	NOUN
cblr-8481	483	3	of	of	ADP
cblr-8481	483	4	subsection	subsection	NOUN
cblr-8481	483	5	(	(	PUNCT
cblr-8481	483	6	b	b	NOUN
cblr-8481	483	7	)	)	PUNCT
cblr-8481	483	8	makes	make	VERB
cblr-8481	483	9	scheme	scheme	NOUN
cblr-8481	483	10	liability	liability	NOUN
cblr-8481	483	11	for	for	ADP
cblr-8481	483	12	misstatements	misstatement	NOUN
cblr-8481	483	13	superfluous	superfluous	ADJ
cblr-8481	483	14	,	,	PUNCT
cblr-8481	483	15	allowing	allow	VERB
cblr-8481	483	16	a	a	DET
cblr-8481	483	17	“	"	PUNCT
cblr-8481	483	18	a	a	DET
cblr-8481	483	19	person	person	NOUN
cblr-8481	483	20	who	who	PRON
cblr-8481	483	21	has	have	AUX
cblr-8481	483	22	not	not	PART
cblr-8481	483	23	‘	'	PUNCT
cblr-8481	483	24	made	make	VERB
cblr-8481	483	25	’	'	PUNCT
cblr-8481	483	26	a	a	DET
cblr-8481	483	27	fraudulent	fraudulent	ADJ
cblr-8481	483	28	misstatement	misstatement	NOUN
cblr-8481	483	29	within	within	ADP
cblr-8481	483	30	the	the	DET
cblr-8481	483	31	meaning	meaning	NOUN
cblr-8481	483	32	of	of	ADP
cblr-8481	483	33	rule	rule	NOUN
cblr-8481	483	34	10b-5(b	10b-5(b	NUM
cblr-8481	483	35	)	)	PUNCT
cblr-8481	483	36	”	"	PUNCT
cblr-8481	483	37	to	to	PART
cblr-8481	483	38	“	"	PUNCT
cblr-8481	483	39	be	be	AUX
cblr-8481	483	40	held	hold	VERB
cblr-8481	483	41	primarily	primarily	ADV
cblr-8481	483	42	liable	liable	ADJ
cblr-8481	483	43	for	for	ADP
cblr-8481	483	44	facilitating	facilitate	VERB
cblr-8481	483	45	that	that	DET
cblr-8481	483	46	same	same	ADJ
cblr-8481	483	47	statement	statement	NOUN
cblr-8481	483	48	;	;	PUNCT
cblr-8481	483	49	the	the	DET
cblr-8481	483	50	sec	sec	PROPN
cblr-8481	483	51	or	or	CCONJ
cblr-8481	483	52	plaintiff	plaintiff	NOUN
cblr-8481	483	53	need	need	VERB
cblr-8481	483	54	only	only	ADV
cblr-8481	483	55	relabel	relabel	NOUN
cblr-8481	483	56	the	the	DET
cblr-8481	483	57	person	person	NOUN
cblr-8481	483	58	’s	’s	PART
cblr-8481	483	59	involvement	involvement	NOUN
cblr-8481	483	60	as	as	ADP
cblr-8481	483	61	an	an	DET
cblr-8481	483	62	‘	'	PUNCT
cblr-8481	483	63	act	act	NOUN
cblr-8481	483	64	,	,	PUNCT
cblr-8481	483	65	’	'	PUNCT
cblr-8481	483	66	‘	'	PUNCT
cblr-8481	483	67	device	device	NOUN
cblr-8481	483	68	,	,	PUNCT
cblr-8481	483	69	’	'	PUNCT
cblr-8481	483	70	‘	'	PUNCT
cblr-8481	483	71	scheme	scheme	NOUN
cblr-8481	483	72	,	,	PUNCT
cblr-8481	483	73	’	'	PUNCT
cblr-8481	483	74	or	or	CCONJ
cblr-8481	483	75	‘	'	PUNCT
cblr-8481	483	76	artifice	artifice	NOUN
cblr-8481	483	77	’	'	PUNCT
cblr-8481	483	78	that	that	PRON
cblr-8481	483	79	violates	violate	VERB
cblr-8481	483	80	rule	rule	NOUN
cblr-8481	483	81	10b-5(a	10b-5(a	NUM
cblr-8481	483	82	)	)	PUNCT
cblr-8481	483	83	or	or	CCONJ
cblr-8481	483	84	(	(	PUNCT
cblr-8481	483	85	c).”105	c).”105	NUM
cblr-8481	483	86	justice	justice	NOUN
cblr-8481	483	87	thomas	thomas	PROPN
cblr-8481	483	88	also	also	ADV
cblr-8481	483	89	invoked	invoke	VERB
cblr-8481	483	90	the	the	DET
cblr-8481	483	91	canon	canon	NOUN
cblr-8481	483	92	of	of	ADP
cblr-8481	483	93	construction	construction	NOUN
cblr-8481	483	94	that	that	SCONJ
cblr-8481	483	95	the	the	DET
cblr-8481	483	96	“	"	PUNCT
cblr-8481	483	97	specific	specific	ADJ
cblr-8481	483	98	governs	govern	VERB
cblr-8481	483	99	the	the	DET
cblr-8481	483	100	general	general	NOUN
cblr-8481	483	101	,	,	PUNCT
cblr-8481	483	102	”	"	PUNCT
cblr-8481	483	103	which	which	PRON
cblr-8481	483	104	states	state	VERB
cblr-8481	483	105	that	that	SCONJ
cblr-8481	483	106	a	a	DET
cblr-8481	483	107	general	general	ADJ
cblr-8481	483	108	provision	provision	NOUN
cblr-8481	483	109	of	of	ADP
cblr-8481	483	110	a	a	DET
cblr-8481	483	111	regulation	regulation	NOUN
cblr-8481	483	112	or	or	CCONJ
cblr-8481	483	113	statute	statute	NOUN
cblr-8481	483	114	should	should	AUX
cblr-8481	483	115	be	be	AUX
cblr-8481	483	116	interpreted	interpret	VERB
cblr-8481	483	117	in	in	ADP
cblr-8481	483	118	light	light	NOUN
cblr-8481	483	119	of	of	ADP
cblr-8481	483	120	the	the	DET
cblr-8481	483	121	more	more	ADV
cblr-8481	483	122	specific	specific	ADJ
cblr-8481	483	123	provisions	provision	NOUN
cblr-8481	483	124	accompanying	accompany	VERB
cblr-8481	483	125	it.106	it.106	PRON
cblr-8481	483	126	102	102	NUM
cblr-8481	484	1	i	i	PROPN
cblr-8481	484	2	d.	d.	NOUN
cblr-8481	484	3	at	at	ADP
cblr-8481	484	4	1107	1107	NUM
cblr-8481	484	5	(	(	PUNCT
cblr-8481	484	6	second	second	ADJ
cblr-8481	484	7	alteration	alteration	NOUN
cblr-8481	484	8	in	in	ADP
cblr-8481	484	9	original	original	ADJ
cblr-8481	484	10	)	)	PUNCT
cblr-8481	484	11	(	(	PUNCT
cblr-8481	484	12	quoting	quote	VERB
cblr-8481	484	13	17	17	NUM
cblr-8481	484	14	c.f.r	c.f.r	NOUN
cblr-8481	484	15	.	.	PUNCT
cblr-8481	485	1	§	§	PROPN
cblr-8481	485	2	240.10b-5	240.10b-5	NUM
cblr-8481	485	3	(	(	PUNCT
cblr-8481	485	4	2018	2018	NUM
cblr-8481	485	5	)	)	PUNCT
cblr-8481	485	6	)	)	PUNCT
cblr-8481	486	1	(	(	PUNCT
cblr-8481	486	2	citing	cite	VERB
cblr-8481	486	3	i	i	PRON
cblr-8481	486	4	d.	d.	PROPN
cblr-8481	486	5	at	at	ADP
cblr-8481	486	6	1101	1101	NUM
cblr-8481	486	7	(	(	PUNCT
cblr-8481	486	8	majority	majority	NOUN
cblr-8481	486	9	opinion	opinion	NOUN
cblr-8481	486	10	)	)	PUNCT
cblr-8481	486	11	)	)	PUNCT
cblr-8481	486	12	.	.	PUNCT
cblr-8481	487	1	103	103	NUM
cblr-8481	488	1	i	i	PRON
cblr-8481	488	2	d.	d.	NOUN
cblr-8481	488	3	at	at	ADP
cblr-8481	488	4	1108	1108	NUM
cblr-8481	488	5	.	.	PUNCT
cblr-8481	489	1	104	104	NUM
cblr-8481	490	1	i	i	PRON
cblr-8481	490	2	d.	d.	PROPN
cblr-8481	490	3	105	105	NUM
cblr-8481	491	1	i	i	PRON
cblr-8481	491	2	d.	d.	PROPN
cblr-8481	491	3	(	(	PUNCT
cblr-8481	491	4	quoting	quote	VERB
cblr-8481	491	5	17	17	NUM
cblr-8481	491	6	c.f.r	c.f.r	NOUN
cblr-8481	491	7	.	.	PUNCT
cblr-8481	492	1	§	§	PROPN
cblr-8481	492	2	240.10b-5	240.10b-5	NUM
cblr-8481	492	3	)	)	PUNCT
cblr-8481	492	4	.	.	PUNCT
cblr-8481	493	1	106	106	NUM
cblr-8481	494	1	i	i	PRON
cblr-8481	494	2	d.	d.	PROPN
cblr-8481	494	3	at	at	ADP
cblr-8481	494	4	1108–09	1108–09	PROPN
cblr-8481	494	5	(	(	PUNCT
cblr-8481	494	6	quoting	quote	VERB
cblr-8481	494	7	radlax	radlax	PROPN
cblr-8481	494	8	gateway	gateway	NOUN
cblr-8481	494	9	hotel	hotel	NOUN
cblr-8481	494	10	v.	v.	ADP
cblr-8481	494	11	amalgamated	amalgamated	ADJ
cblr-8481	494	12	bank	bank	NOUN
cblr-8481	494	13	,	,	PUNCT
cblr-8481	494	14	566	566	NUM
cblr-8481	494	15	u.s	u.s	PROPN
cblr-8481	494	16	.	.	PROPN
cblr-8481	494	17	639	639	NUM
cblr-8481	494	18	,	,	PUNCT
cblr-8481	494	19	645–46	645–46	NUM
cblr-8481	494	20	(	(	PUNCT
cblr-8481	494	21	2012	2012	NUM
cblr-8481	494	22	)	)	PUNCT
cblr-8481	494	23	)	)	PUNCT
cblr-8481	494	24	.	.	PUNCT
cblr-8481	495	1	he	he	PRON
cblr-8481	495	2	specifically	specifically	ADV
cblr-8481	495	3	stated	state	VERB
cblr-8481	495	4	that	that	SCONJ
cblr-8481	495	5	“	"	PUNCT
cblr-8481	495	6	[	[	PUNCT
cblr-8481	495	7	t]his	t]his	DET
cblr-8481	495	8	canon	canon	NOUN
cblr-8481	495	9	of	of	ADP
cblr-8481	495	10	construction	construction	NOUN
cblr-8481	495	11	applies	apply	VERB
cblr-8481	495	12	not	not	PART
cblr-8481	495	13	only	only	ADV
cblr-8481	495	14	to	to	PART
cblr-8481	495	15	resolve	resolve	VERB
cblr-8481	495	16	‘	'	PUNCT
cblr-8481	495	17	contradiction[s	contradiction[	NOUN
cblr-8481	495	18	]	]	SYM
cblr-8481	495	19	’	'	PUNCT
cblr-8481	495	20	between	between	ADP
cblr-8481	495	21	general	general	ADJ
cblr-8481	495	22	and	and	CCONJ
cblr-8481	495	23	specific	specific	ADJ
cblr-8481	495	24	provisions	provision	NOUN
cblr-8481	495	25	,	,	PUNCT
cblr-8481	495	26	but	but	CCONJ
cblr-8481	495	27	also	also	ADV
cblr-8481	495	28	to	to	PART
cblr-8481	495	29	avoid	avoid	VERB
cblr-8481	495	30	‘	'	PUNCT
cblr-8481	495	31	the	the	DET
cblr-8481	495	32	superfluity	superfluity	NOUN
cblr-8481	495	33	of	of	ADP
cblr-8481	495	34	a	a	DET
cblr-8481	495	35	specific	specific	ADJ
cblr-8481	495	36	provision	provision	NOUN
cblr-8481	495	37	that	that	PRON
cblr-8481	495	38	is	be	AUX
cblr-8481	495	39	swallowed	swallow	VERB
cblr-8481	495	40	by	by	ADP
cblr-8481	495	41	the	the	DET
cblr-8481	495	42	general	general	ADJ
cblr-8481	495	43	one	one	NUM
cblr-8481	495	44	.	.	PUNCT
cblr-8481	495	45	’	'	PUNCT
cblr-8481	495	46	”	"	PUNCT
cblr-8481	496	1	i	i	PRON
cblr-8481	496	2	d.	d.	PROPN
cblr-8481	496	3	(	(	PUNCT
cblr-8481	496	4	second	second	ADJ
cblr-8481	496	5	alteration	alteration	NOUN
cblr-8481	496	6	in	in	ADP
cblr-8481	496	7	original	original	ADJ
cblr-8481	496	8	)	)	PUNCT
cblr-8481	496	9	(	(	PUNCT
cblr-8481	496	10	quoting	quote	VERB
cblr-8481	496	11	radlax	radlax	NOUN
cblr-8481	496	12	,	,	PUNCT
cblr-8481	496	13	566	566	NUM
cblr-8481	496	14	u.s	u.s	PROPN
cblr-8481	496	15	.	.	PROPN
cblr-8481	496	16	at	at	ADP
cblr-8481	496	17	645	645	NUM
cblr-8481	496	18	)	)	PUNCT
cblr-8481	496	19	.	.	PUNCT
cblr-8481	497	1	note	note	VERB
cblr-8481	497	2	lieberman	lieberman	PROPN
cblr-8481	497	3	6/13/2021	6/13/2021	NUM
cblr-8481	497	4	8:45	8:45	NUM
cblr-8481	497	5	pm	pm	NOUN
cblr-8481	497	6	376	376	NUM
cblr-8481	497	7	columbia	columbia	PROPN
cblr-8481	497	8	business	business	NOUN
cblr-8481	497	9	law	law	PROPN
cblr-8481	497	10	review	review	NOUN
cblr-8481	497	11	[	[	X
cblr-8481	497	12	vol	vol	NOUN
cblr-8481	497	13	.	.	PUNCT
cblr-8481	497	14	2021	2021	NUM
cblr-8481	497	15	because	because	SCONJ
cblr-8481	497	16	“	"	PUNCT
cblr-8481	497	17	liability	liability	NOUN
cblr-8481	497	18	for	for	ADP
cblr-8481	497	19	false	false	ADJ
cblr-8481	497	20	statements	statement	NOUN
cblr-8481	497	21	is	be	AUX
cblr-8481	497	22	‘	'	PUNCT
cblr-8481	497	23	specifically	specifically	ADV
cblr-8481	497	24	dealt	deal	VERB
cblr-8481	497	25	with	with	ADP
cblr-8481	497	26	’	'	PUNCT
cblr-8481	497	27	in	in	ADP
cblr-8481	497	28	10b-5(b	10b-5(b	NUM
cblr-8481	497	29	)	)	PUNCT
cblr-8481	497	30	,	,	PUNCT
cblr-8481	497	31	”	"	PUNCT
cblr-8481	497	32	he	he	PRON
cblr-8481	497	33	found	find	VERB
cblr-8481	497	34	that	that	SCONJ
cblr-8481	497	35	“	"	PUNCT
cblr-8481	497	36	the	the	DET
cblr-8481	497	37	provisions	provision	NOUN
cblr-8481	497	38	specifically	specifically	ADV
cblr-8481	497	39	addressing	address	VERB
cblr-8481	497	40	false	false	ADJ
cblr-8481	497	41	statements	statement	NOUN
cblr-8481	497	42	‘	'	PUNCT
cblr-8481	497	43	must	must	AUX
cblr-8481	497	44	be	be	AUX
cblr-8481	497	45	operative	operative	ADJ
cblr-8481	497	46	’	'	PUNCT
cblr-8481	497	47	as	as	ADP
cblr-8481	497	48	to	to	ADP
cblr-8481	497	49	falsestatement	falsestatement	ADJ
cblr-8481	497	50	cases	case	NOUN
cblr-8481	497	51	,	,	PUNCT
cblr-8481	497	52	and	and	CCONJ
cblr-8481	497	53	that	that	SCONJ
cblr-8481	497	54	the	the	DET
cblr-8481	497	55	more	more	ADV
cblr-8481	497	56	general	general	ADJ
cblr-8481	497	57	provisions	provision	NOUN
cblr-8481	497	58	should	should	AUX
cblr-8481	497	59	be	be	AUX
cblr-8481	497	60	read	read	VERB
cblr-8481	497	61	to	to	PART
cblr-8481	497	62	apply	apply	VERB
cblr-8481	497	63	‘	'	PUNCT
cblr-8481	497	64	only	only	ADV
cblr-8481	497	65	[	[	X
cblr-8481	497	66	to	to	ADP
cblr-8481	497	67	]	]	PUNCT
cblr-8481	497	68	such	such	ADJ
cblr-8481	497	69	cases	case	NOUN
cblr-8481	497	70	within	within	ADP
cblr-8481	497	71	[	[	X
cblr-8481	497	72	their	their	PRON
cblr-8481	497	73	]	]	X
cblr-8481	497	74	general	general	ADJ
cblr-8481	497	75	language	language	NOUN
cblr-8481	497	76	as	as	SCONJ
cblr-8481	497	77	are	be	AUX
cblr-8481	497	78	not	not	PART
cblr-8481	497	79	within	within	ADP
cblr-8481	497	80	the	the	DET
cblr-8481	497	81	’	'	PUNCT
cblr-8481	497	82	purview	purview	NOUN
cblr-8481	497	83	of	of	ADP
cblr-8481	497	84	the	the	DET
cblr-8481	497	85	specific	specific	ADJ
cblr-8481	497	86	provisions	provision	NOUN
cblr-8481	497	87	on	on	ADP
cblr-8481	497	88	false	false	ADJ
cblr-8481	497	89	statements	statement	NOUN
cblr-8481	497	90	.	.	PUNCT
cblr-8481	497	91	”107	”107	PUNCT
cblr-8481	498	1	justice	justice	PROPN
cblr-8481	498	2	thomas	thomas	PROPN
cblr-8481	498	3	then	then	ADV
cblr-8481	498	4	addressed	address	VERB
cblr-8481	498	5	justice	justice	NOUN
cblr-8481	498	6	breyer	breyer	NOUN
cblr-8481	498	7	’s	’s	PART
cblr-8481	498	8	concerns	concern	NOUN
cblr-8481	498	9	about	about	ADP
cblr-8481	498	10	the	the	DET
cblr-8481	498	11	sec	sec	PROPN
cblr-8481	498	12	being	be	AUX
cblr-8481	498	13	unable	unable	ADJ
cblr-8481	498	14	to	to	PART
cblr-8481	498	15	hold	hold	VERB
cblr-8481	498	16	culpable	culpable	ADJ
cblr-8481	498	17	actors	actor	NOUN
cblr-8481	498	18	liable	liable	ADJ
cblr-8481	498	19	despite	despite	SCONJ
cblr-8481	498	20	participating	participate	VERB
cblr-8481	498	21	in	in	ADP
cblr-8481	498	22	a	a	DET
cblr-8481	498	23	fraudulent	fraudulent	ADJ
cblr-8481	498	24	scheme	scheme	NOUN
cblr-8481	498	25	,	,	PUNCT
cblr-8481	498	26	arguing	argue	VERB
cblr-8481	498	27	that	that	SCONJ
cblr-8481	498	28	“	"	PUNCT
cblr-8481	498	29	the	the	DET
cblr-8481	498	30	person	person	NOUN
cblr-8481	498	31	’s	’s	PART
cblr-8481	498	32	conduct	conduct	NOUN
cblr-8481	498	33	would	would	AUX
cblr-8481	498	34	be	be	AUX
cblr-8481	498	35	appropriately	appropriately	ADV
cblr-8481	498	36	assessed	assess	VERB
cblr-8481	498	37	as	as	ADP
cblr-8481	498	38	a	a	DET
cblr-8481	498	39	matter	matter	NOUN
cblr-8481	498	40	of	of	ADP
cblr-8481	498	41	secondary	secondary	ADJ
cblr-8481	498	42	liability	liability	NOUN
cblr-8481	498	43	.	.	PUNCT
cblr-8481	498	44	.	.	PUNCT
cblr-8481	498	45	.	.	PUNCT
cblr-8481	499	1	.	.	PUNCT
cblr-8481	500	1	and	and	CCONJ
cblr-8481	500	2	if	if	SCONJ
cblr-8481	500	3	a	a	DET
cblr-8481	500	4	person	person	NOUN
cblr-8481	500	5	engages	engage	VERB
cblr-8481	500	6	in	in	ADP
cblr-8481	500	7	other	other	ADJ
cblr-8481	500	8	acts	act	NOUN
cblr-8481	500	9	prohibited	prohibit	VERB
cblr-8481	500	10	by	by	ADP
cblr-8481	500	11	the	the	DET
cblr-8481	500	12	rule	rule	NOUN
cblr-8481	500	13	,	,	PUNCT
cblr-8481	500	14	such	such	ADJ
cblr-8481	500	15	as	as	ADP
cblr-8481	500	16	developing	develop	VERB
cblr-8481	500	17	and	and	CCONJ
cblr-8481	500	18	employing	employ	VERB
cblr-8481	500	19	a	a	DET
cblr-8481	500	20	fraudulent	fraudulent	ADJ
cblr-8481	500	21	scheme	scheme	NOUN
cblr-8481	500	22	,	,	PUNCT
cblr-8481	500	23	the	the	DET
cblr-8481	500	24	person	person	NOUN
cblr-8481	500	25	would	would	AUX
cblr-8481	500	26	be	be	AUX
cblr-8481	500	27	primarily	primarily	ADV
cblr-8481	500	28	liable	liable	ADJ
cblr-8481	500	29	for	for	ADP
cblr-8481	500	30	that	that	DET
cblr-8481	500	31	conduct	conduct	NOUN
cblr-8481	500	32	.	.	PUNCT
cblr-8481	501	1	”108	”108	NOUN
cblr-8481	501	2	he	he	PRON
cblr-8481	501	3	ultimately	ultimately	ADV
cblr-8481	501	4	advocated	advocate	VERB
cblr-8481	501	5	for	for	ADP
cblr-8481	501	6	the	the	DET
cblr-8481	501	7	dissemination	dissemination	NOUN
cblr-8481	501	8	of	of	ADP
cblr-8481	501	9	misstatements	misstatement	NOUN
cblr-8481	501	10	to	to	PART
cblr-8481	501	11	be	be	AUX
cblr-8481	501	12	interpreted	interpret	VERB
cblr-8481	501	13	solely	solely	ADV
cblr-8481	501	14	as	as	ADP
cblr-8481	501	15	“	"	PUNCT
cblr-8481	501	16	aiding	aid	VERB
cblr-8481	501	17	and	and	CCONJ
cblr-8481	501	18	abetting	abet	VERB
cblr-8481	501	19	”	"	PUNCT
cblr-8481	501	20	a	a	DET
cblr-8481	501	21	misstatement	misstatement	NOUN
cblr-8481	501	22	under	under	ADP
cblr-8481	501	23	10b-5(b	10b-5(b	NUM
cblr-8481	501	24	)	)	PUNCT
cblr-8481	501	25	,	,	PUNCT
cblr-8481	501	26	meaning	mean	VERB
cblr-8481	501	27	such	such	ADJ
cblr-8481	501	28	conduct	conduct	NOUN
cblr-8481	501	29	could	could	AUX
cblr-8481	501	30	only	only	ADV
cblr-8481	501	31	be	be	AUX
cblr-8481	501	32	litigated	litigate	VERB
cblr-8481	501	33	under	under	ADP
cblr-8481	501	34	section	section	NOUN
cblr-8481	501	35	20(e	20(e	NUM
cblr-8481	501	36	)	)	PUNCT
cblr-8481	501	37	by	by	ADP
cblr-8481	501	38	the	the	DET
cblr-8481	501	39	sec.109	sec.109	PROPN
cblr-8481	501	40	justice	justice	PROPN
cblr-8481	501	41	thomas	thomas	PROPN
cblr-8481	501	42	also	also	ADV
cblr-8481	501	43	expressed	express	VERB
cblr-8481	501	44	concern	concern	NOUN
cblr-8481	501	45	that	that	SCONJ
cblr-8481	501	46	lorenzo	lorenzo	PROPN
cblr-8481	501	47	would	would	AUX
cblr-8481	501	48	undermine	undermine	VERB
cblr-8481	501	49	the	the	DET
cblr-8481	501	50	court	court	NOUN
cblr-8481	501	51	’s	’s	PART
cblr-8481	501	52	precedents	precedent	NOUN
cblr-8481	501	53	limiting	limit	VERB
cblr-8481	501	54	the	the	DET
cblr-8481	501	55	scope	scope	NOUN
cblr-8481	501	56	of	of	ADP
cblr-8481	501	57	10b-5	10b-5	NUM
cblr-8481	501	58	.	.	PUNCT
cblr-8481	502	1	in	in	ADP
cblr-8481	502	2	particular	particular	ADJ
cblr-8481	502	3	,	,	PUNCT
cblr-8481	502	4	he	he	PRON
cblr-8481	502	5	claimed	claim	VERB
cblr-8481	502	6	that	that	SCONJ
cblr-8481	502	7	the	the	DET
cblr-8481	502	8	“	"	PUNCT
cblr-8481	502	9	majority	majority	NOUN
cblr-8481	502	10	’s	’s	PART
cblr-8481	502	11	opinion	opinion	NOUN
cblr-8481	502	12	renders	render	VERB
cblr-8481	502	13	janus	janus	PROPN
cblr-8481	502	14	a	a	DET
cblr-8481	502	15	dead	dead	ADJ
cblr-8481	502	16	letter	letter	NOUN
cblr-8481	502	17	”	"	PUNCT
cblr-8481	502	18	by	by	ADP
cblr-8481	502	19	“	"	PUNCT
cblr-8481	502	20	find[ing	find[e	VERB
cblr-8481	502	21	]	]	PUNCT
cblr-8481	502	22	primary	primary	ADJ
cblr-8481	502	23	liability	liability	NOUN
cblr-8481	502	24	under	under	ADP
cblr-8481	502	25	different	different	ADJ
cblr-8481	502	26	provisions	provision	NOUN
cblr-8481	502	27	of	of	ADP
cblr-8481	502	28	rule	rule	NOUN
cblr-8481	502	29	10b-5	10b-5	NUM
cblr-8481	502	30	,	,	PUNCT
cblr-8481	502	31	without	without	ADP
cblr-8481	502	32	any	any	DET
cblr-8481	502	33	real	real	ADJ
cblr-8481	502	34	effort	effort	NOUN
cblr-8481	502	35	to	to	PART
cblr-8481	502	36	reconcile	reconcile	VERB
cblr-8481	502	37	its	its	PRON
cblr-8481	502	38	decision	decision	NOUN
cblr-8481	502	39	with	with	ADP
cblr-8481	502	40	janus	janus	PROPN
cblr-8481	502	41	.	.	PUNCT
cblr-8481	502	42	”110	”110	PUNCT
cblr-8481	502	43	he	he	PRON
cblr-8481	502	44	also	also	ADV
cblr-8481	502	45	noted	note	VERB
cblr-8481	502	46	that	that	SCONJ
cblr-8481	502	47	“	"	PUNCT
cblr-8481	502	48	[	[	X
cblr-8481	502	49	a]lthough	a]lthough	SCONJ
cblr-8481	502	50	it	it	PRON
cblr-8481	502	51	‘	'	PUNCT
cblr-8481	502	52	assume[s	assume[s	NOUN
cblr-8481	502	53	]	]	PUNCT
cblr-8481	502	54	that	that	SCONJ
cblr-8481	502	55	janus	janus	PROPN
cblr-8481	502	56	would	would	AUX
cblr-8481	502	57	remain	remain	VERB
cblr-8481	502	58	relevant	relevant	ADJ
cblr-8481	502	59	(	(	PUNCT
cblr-8481	502	60	and	and	CCONJ
cblr-8481	502	61	preclude	preclude	VERB
cblr-8481	502	62	liability	liability	NOUN
cblr-8481	502	63	)	)	PUNCT
cblr-8481	502	64	where	where	SCONJ
cblr-8481	502	65	an	an	DET
cblr-8481	502	66	individual	individual	NOUN
cblr-8481	502	67	neither	neither	CCONJ
cblr-8481	502	68	makes	make	VERB
cblr-8481	502	69	nor	nor	CCONJ
cblr-8481	502	70	disseminates	disseminate	VERB
cblr-8481	502	71	false	false	ADJ
cblr-8481	502	72	information	information	NOUN
cblr-8481	502	73	,	,	PUNCT
cblr-8481	502	74	’	'	PUNCT
cblr-8481	502	75	in	in	ADP
cblr-8481	502	76	the	the	DET
cblr-8481	502	77	next	next	ADJ
cblr-8481	502	78	breath	breath	NOUN
cblr-8481	502	79	the	the	DET
cblr-8481	502	80	107	107	NUM
cblr-8481	502	81	i	i	PRON
cblr-8481	502	82	d.	d.	NOUN
cblr-8481	502	83	at	at	ADP
cblr-8481	502	84	1109	1109	NUM
cblr-8481	502	85	(	(	PUNCT
cblr-8481	502	86	alterations	alteration	NOUN
cblr-8481	502	87	in	in	ADP
cblr-8481	502	88	original	original	ADJ
cblr-8481	502	89	)	)	PUNCT
cblr-8481	502	90	(	(	PUNCT
cblr-8481	502	91	internal	internal	ADJ
cblr-8481	502	92	quotation	quotation	NOUN
cblr-8481	502	93	marks	mark	NOUN
cblr-8481	502	94	omitted	omit	VERB
cblr-8481	502	95	)	)	PUNCT
cblr-8481	502	96	(	(	PUNCT
cblr-8481	502	97	citing	cite	VERB
cblr-8481	502	98	radlax	radlax	NOUN
cblr-8481	502	99	,	,	PUNCT
cblr-8481	502	100	566	566	NUM
cblr-8481	502	101	u.s	u.s	PROPN
cblr-8481	502	102	.	.	PROPN
cblr-8481	502	103	at	at	ADP
cblr-8481	502	104	646	646	NUM
cblr-8481	502	105	)	)	PUNCT
cblr-8481	502	106	.	.	PUNCT
cblr-8481	503	1	108	108	NUM
cblr-8481	504	1	i	i	PRON
cblr-8481	504	2	d.	d.	PROPN
cblr-8481	504	3	he	he	PRON
cblr-8481	504	4	also	also	ADV
cblr-8481	504	5	called	call	VERB
cblr-8481	504	6	the	the	DET
cblr-8481	504	7	majority	majority	NOUN
cblr-8481	504	8	’s	’s	PART
cblr-8481	504	9	concern	concern	NOUN
cblr-8481	504	10	about	about	ADP
cblr-8481	504	11	secondary	secondary	ADJ
cblr-8481	504	12	liability	liability	NOUN
cblr-8481	504	13	in	in	ADP
cblr-8481	504	14	cases	case	NOUN
cblr-8481	504	15	where	where	SCONJ
cblr-8481	504	16	the	the	DET
cblr-8481	504	17	primary	primary	ADJ
cblr-8481	504	18	actor	actor	NOUN
cblr-8481	504	19	did	do	AUX
cblr-8481	504	20	not	not	PART
cblr-8481	504	21	act	act	VERB
cblr-8481	504	22	with	with	ADP
cblr-8481	504	23	scienter	scienter	NOUN
cblr-8481	504	24	as	as	ADP
cblr-8481	504	25	being	be	AUX
cblr-8481	504	26	“	"	PUNCT
cblr-8481	504	27	misplaced	misplace	VERB
cblr-8481	504	28	,	,	PUNCT
cblr-8481	504	29	”	"	PUNCT
cblr-8481	504	30	noting	note	VERB
cblr-8481	504	31	that	that	SCONJ
cblr-8481	504	32	“	"	PUNCT
cblr-8481	504	33	§	§	PROPN
cblr-8481	504	34	17(a)(2	17(a)(2	NUM
cblr-8481	504	35	)	)	PUNCT
cblr-8481	504	36	does	do	AUX
cblr-8481	504	37	not	not	PART
cblr-8481	504	38	require	require	VERB
cblr-8481	504	39	scienter	scienter	NOUN
cblr-8481	504	40	,	,	PUNCT
cblr-8481	504	41	so	so	SCONJ
cblr-8481	504	42	the	the	DET
cblr-8481	504	43	maker	maker	NOUN
cblr-8481	504	44	of	of	ADP
cblr-8481	504	45	the	the	DET
cblr-8481	504	46	statement	statement	NOUN
cblr-8481	504	47	may	may	AUX
cblr-8481	504	48	still	still	ADV
cblr-8481	504	49	be	be	AUX
cblr-8481	504	50	liable	liable	ADJ
cblr-8481	504	51	under	under	ADP
cblr-8481	504	52	that	that	DET
cblr-8481	504	53	provision	provision	NOUN
cblr-8481	504	54	.	.	PUNCT
cblr-8481	505	1	moreover	moreover	ADV
cblr-8481	505	2	,	,	PUNCT
cblr-8481	505	3	an	an	DET
cblr-8481	505	4	ongoing	ongoing	ADJ
cblr-8481	505	5	,	,	PUNCT
cblr-8481	505	6	‘	'	PUNCT
cblr-8481	505	7	egregious	egregious	ADJ
cblr-8481	505	8	’	'	PUNCT
cblr-8481	505	9	fraud	fraud	NOUN
cblr-8481	505	10	is	be	AUX
cblr-8481	505	11	likely	likely	ADJ
cblr-8481	505	12	to	to	PART
cblr-8481	505	13	independently	independently	ADV
cblr-8481	505	14	constitute	constitute	VERB
cblr-8481	505	15	a	a	DET
cblr-8481	505	16	primary	primary	ADJ
cblr-8481	505	17	violation	violation	NOUN
cblr-8481	505	18	of	of	ADP
cblr-8481	505	19	the	the	DET
cblr-8481	505	20	conduct	conduct	NOUN
cblr-8481	505	21	-	-	PUNCT
cblr-8481	505	22	based	base	VERB
cblr-8481	505	23	securities	security	NOUN
cblr-8481	505	24	laws	law	NOUN
cblr-8481	505	25	,	,	PUNCT
cblr-8481	505	26	wholly	wholly	ADV
cblr-8481	505	27	apart	apart	ADV
cblr-8481	505	28	from	from	ADP
cblr-8481	505	29	the	the	DET
cblr-8481	505	30	laws	law	NOUN
cblr-8481	505	31	prohibiting	prohibit	VERB
cblr-8481	505	32	fraudulent	fraudulent	ADJ
cblr-8481	505	33	misstatements	misstatement	NOUN
cblr-8481	505	34	.	.	PUNCT
cblr-8481	505	35	”	"	PUNCT
cblr-8481	506	1	i	i	PRON
cblr-8481	506	2	d.	d.	VERB
cblr-8481	506	3	at	at	ADP
cblr-8481	506	4	1109–10	1109–10	ADJ
cblr-8481	506	5	.	.	PUNCT
cblr-8481	507	1	(	(	PUNCT
cblr-8481	507	2	internal	internal	ADJ
cblr-8481	507	3	citation	citation	NOUN
cblr-8481	507	4	omitted	omit	VERB
cblr-8481	507	5	)	)	PUNCT
cblr-8481	507	6	(	(	PUNCT
cblr-8481	507	7	citing	cite	VERB
cblr-8481	507	8	aaron	aaron	PROPN
cblr-8481	507	9	v.	v.	PROPN
cblr-8481	507	10	sec	sec	PROPN
cblr-8481	507	11	,	,	PUNCT
cblr-8481	507	12	446	446	NUM
cblr-8481	507	13	u.s	u.s	PROPN
cblr-8481	507	14	.	.	PROPN
cblr-8481	507	15	680	680	NUM
cblr-8481	507	16	,	,	PUNCT
cblr-8481	507	17	695–97	695–97	NUM
cblr-8481	507	18	(	(	PUNCT
cblr-8481	507	19	1980	1980	NUM
cblr-8481	507	20	)	)	PUNCT
cblr-8481	507	21	)	)	PUNCT
cblr-8481	507	22	.	.	PUNCT
cblr-8481	508	1	109	109	NUM
cblr-8481	509	1	i	i	PRON
cblr-8481	509	2	d.	d.	PROPN
cblr-8481	509	3	at	at	ADP
cblr-8481	509	4	1109	1109	NUM
cblr-8481	509	5	.	.	PUNCT
cblr-8481	510	1	110	110	NUM
cblr-8481	510	2	i	i	PRON
cblr-8481	510	3	d.	d.	PROPN
cblr-8481	510	4	at	at	ADP
cblr-8481	510	5	1110	1110	NUM
cblr-8481	510	6	.	.	PUNCT
cblr-8481	511	1	note	note	NOUN
cblr-8481	511	2	–	–	PUNCT
cblr-8481	511	3	lieberman	lieberman	PROPN
cblr-8481	512	1	6/13/2021	6/13/2021	NUM
cblr-8481	512	2	8:45	8:45	NUM
cblr-8481	512	3	pm	pm	NOUN
cblr-8481	512	4	no	no	INTJ
cblr-8481	512	5	.	.	PUNCT
cblr-8481	513	1	1:352	1:352	NUM
cblr-8481	513	2	]	]	X
cblr-8481	513	3	lorenzo	lorenzo	PROPN
cblr-8481	513	4	v.	v.	ADP
cblr-8481	513	5	sec	sec	PROPN
cblr-8481	513	6	and	and	CCONJ
cblr-8481	513	7	the	the	DET
cblr-8481	513	8	expansion	expansion	NOUN
cblr-8481	513	9	of	of	ADP
cblr-8481	513	10	scheme	scheme	NOUN
cblr-8481	513	11	liability	liability	NOUN
cblr-8481	513	12	377	377	NUM
cblr-8481	513	13	majority	majority	NOUN
cblr-8481	513	14	states	state	NOUN
cblr-8481	513	15	that	that	SCONJ
cblr-8481	513	16	this	this	PRON
cblr-8481	513	17	would	would	AUX
cblr-8481	513	18	be	be	AUX
cblr-8481	513	19	true	true	ADJ
cblr-8481	513	20	only	only	ADV
cblr-8481	513	21	if	if	SCONJ
cblr-8481	513	22	‘	'	PUNCT
cblr-8481	513	23	the	the	DET
cblr-8481	513	24	individual	individual	NOUN
cblr-8481	513	25	is	be	AUX
cblr-8481	513	26	not	not	PART
cblr-8481	513	27	involved	involve	VERB
cblr-8481	513	28	in	in	ADP
cblr-8481	513	29	some	some	DET
cblr-8481	513	30	other	other	ADJ
cblr-8481	513	31	form	form	NOUN
cblr-8481	513	32	of	of	ADP
cblr-8481	513	33	fraud	fraud	NOUN
cblr-8481	513	34	,	,	PUNCT
cblr-8481	513	35	’	'	PUNCT
cblr-8481	513	36	”	"	PUNCT
cblr-8481	513	37	and	and	CCONJ
cblr-8481	513	38	such	such	ADJ
cblr-8481	513	39	fraud	fraud	NOUN
cblr-8481	513	40	,	,	PUNCT
cblr-8481	513	41	on	on	ADP
cblr-8481	513	42	the	the	DET
cblr-8481	513	43	majority	majority	NOUN
cblr-8481	513	44	’s	’s	PART
cblr-8481	513	45	view	view	NOUN
cblr-8481	513	46	,	,	PUNCT
cblr-8481	513	47	would	would	AUX
cblr-8481	513	48	embrace	embrace	VERB
cblr-8481	513	49	a	a	DET
cblr-8481	513	50	wide	wide	ADJ
cblr-8481	513	51	range	range	NOUN
cblr-8481	513	52	of	of	ADP
cblr-8481	513	53	conduct	conduct	NOUN
cblr-8481	513	54	including	include	VERB
cblr-8481	513	55	“	"	PUNCT
cblr-8481	513	56	administrative	administrative	ADJ
cblr-8481	513	57	acts	act	NOUN
cblr-8481	513	58	.	.	PUNCT
cblr-8481	514	1	”111	”111	PROPN
cblr-8481	514	2	d.	d.	PROPN
cblr-8481	514	3	the	the	DET
cblr-8481	514	4	legal	legal	ADJ
cblr-8481	514	5	community	community	NOUN
cblr-8481	514	6	’s	’s	PART
cblr-8481	514	7	reaction	reaction	NOUN
cblr-8481	514	8	to	to	PART
cblr-8481	514	9	lorenzo	lorenzo	VERB
cblr-8481	514	10	the	the	DET
cblr-8481	514	11	broad	broad	ADJ
cblr-8481	514	12	consensus	consensus	NOUN
cblr-8481	514	13	of	of	ADP
cblr-8481	514	14	the	the	DET
cblr-8481	514	15	legal	legal	ADJ
cblr-8481	514	16	community	community	NOUN
cblr-8481	514	17	after	after	SCONJ
cblr-8481	514	18	lorenzo	lorenzo	NOUN
cblr-8481	514	19	came	come	VERB
cblr-8481	514	20	down	down	ADP
cblr-8481	514	21	was	be	AUX
cblr-8481	514	22	that	that	SCONJ
cblr-8481	514	23	it	it	PRON
cblr-8481	514	24	represented	represent	VERB
cblr-8481	514	25	a	a	DET
cblr-8481	514	26	significant	significant	ADJ
cblr-8481	514	27	victory	victory	NOUN
cblr-8481	514	28	for	for	ADP
cblr-8481	514	29	the	the	DET
cblr-8481	514	30	sec	sec	PROPN
cblr-8481	514	31	and	and	CCONJ
cblr-8481	514	32	would	would	AUX
cblr-8481	514	33	expand	expand	VERB
cblr-8481	514	34	its	its	PRON
cblr-8481	514	35	ability	ability	NOUN
cblr-8481	514	36	to	to	PART
cblr-8481	514	37	bring	bring	VERB
cblr-8481	514	38	cases	case	NOUN
cblr-8481	514	39	under	under	ADP
cblr-8481	514	40	10b-5	10b-5	NUM
cblr-8481	514	41	instead	instead	ADP
cblr-8481	514	42	of	of	ADP
cblr-8481	514	43	section	section	NOUN
cblr-8481	514	44	20(e).112	20(e).112	NUM
cblr-8481	515	1	this	this	PRON
cblr-8481	515	2	is	be	AUX
cblr-8481	515	3	significant	significant	ADJ
cblr-8481	515	4	because	because	SCONJ
cblr-8481	515	5	“	"	PUNCT
cblr-8481	515	6	[	[	X
cblr-8481	515	7	t]o	t]o	ADP
cblr-8481	515	8	the	the	DET
cblr-8481	515	9	extent	extent	NOUN
cblr-8481	515	10	that	that	PRON
cblr-8481	515	11	the	the	DET
cblr-8481	515	12	sec	sec	PROPN
cblr-8481	515	13	now	now	ADV
cblr-8481	515	14	may	may	AUX
cblr-8481	515	15	charge	charge	VERB
cblr-8481	515	16	conduct	conduct	NOUN
cblr-8481	515	17	as	as	ADP
cblr-8481	515	18	a	a	DET
cblr-8481	515	19	primary	primary	ADJ
cblr-8481	515	20	violation	violation	NOUN
cblr-8481	515	21	of	of	ADP
cblr-8481	515	22	10b-5(a	10b-5(a	NUM
cblr-8481	515	23	)	)	PUNCT
cblr-8481	515	24	and	and	CCONJ
cblr-8481	515	25	(	(	PUNCT
cblr-8481	515	26	c	c	NOUN
cblr-8481	515	27	)	)	PUNCT
cblr-8481	515	28	,	,	PUNCT
cblr-8481	515	29	rather	rather	ADV
cblr-8481	515	30	than	than	ADP
cblr-8481	515	31	as	as	ADP
cblr-8481	515	32	aiding	aid	VERB
cblr-8481	515	33	-	-	PUNCT
cblr-8481	515	34	andabetting	andabette	VERB
cblr-8481	515	35	a	a	DET
cblr-8481	515	36	10b-5(b	10b-5(b	NUM
cblr-8481	515	37	)	)	PUNCT
cblr-8481	515	38	violation	violation	NOUN
cblr-8481	515	39	,	,	PUNCT
cblr-8481	515	40	the	the	DET
cblr-8481	515	41	new	new	ADJ
cblr-8481	515	42	primary	primary	ADJ
cblr-8481	515	43	charge	charge	NOUN
cblr-8481	515	44	may	may	AUX
cblr-8481	515	45	well	well	ADV
cblr-8481	515	46	result	result	VERB
cblr-8481	515	47	in	in	ADP
cblr-8481	515	48	higher	high	ADJ
cblr-8481	515	49	penalties	penalty	NOUN
cblr-8481	515	50	even	even	ADV
cblr-8481	515	51	though	though	SCONJ
cblr-8481	515	52	the	the	DET
cblr-8481	515	53	underlying	underlie	VERB
cblr-8481	515	54	fraudulent	fraudulent	ADJ
cblr-8481	515	55	conduct	conduct	NOUN
cblr-8481	515	56	is	be	AUX
cblr-8481	515	57	the	the	DET
cblr-8481	515	58	same	same	ADJ
cblr-8481	515	59	.	.	PUNCT
cblr-8481	516	1	”113	”113	PUNCT
cblr-8481	517	1	it	it	PRON
cblr-8481	517	2	is	be	AUX
cblr-8481	517	3	also	also	ADV
cblr-8481	517	4	significant	significant	ADJ
cblr-8481	517	5	because	because	SCONJ
cblr-8481	517	6	any	any	DET
cblr-8481	517	7	aiding	aiding	NOUN
cblr-8481	517	8	and	and	CCONJ
cblr-8481	517	9	abetting	abet	VERB
cblr-8481	517	10	violation	violation	NOUN
cblr-8481	517	11	requires	require	VERB
cblr-8481	517	12	there	there	ADV
cblr-8481	517	13	to	to	PART
cblr-8481	517	14	be	be	AUX
cblr-8481	517	15	some	some	DET
cblr-8481	517	16	sort	sort	NOUN
cblr-8481	517	17	of	of	ADP
cblr-8481	517	18	primary	primary	ADJ
cblr-8481	517	19	violation	violation	NOUN
cblr-8481	517	20	,	,	PUNCT
cblr-8481	517	21	which	which	PRON
cblr-8481	517	22	creates	create	VERB
cblr-8481	517	23	a	a	DET
cblr-8481	517	24	potential	potential	ADJ
cblr-8481	517	25	gap	gap	NOUN
cblr-8481	517	26	where	where	SCONJ
cblr-8481	517	27	,	,	PUNCT
cblr-8481	517	28	for	for	ADP
cblr-8481	517	29	example	example	NOUN
cblr-8481	517	30	,	,	PUNCT
cblr-8481	517	31	the	the	DET
cblr-8481	517	32	disseminator	disseminator	NOUN
cblr-8481	517	33	of	of	ADP
cblr-8481	517	34	a	a	DET
cblr-8481	517	35	statement	statement	NOUN
cblr-8481	517	36	knows	know	VERB
cblr-8481	517	37	it	it	PRON
cblr-8481	517	38	is	be	AUX
cblr-8481	517	39	false	false	ADJ
cblr-8481	517	40	but	but	CCONJ
cblr-8481	517	41	the	the	DET
cblr-8481	517	42	maker	maker	NOUN
cblr-8481	517	43	of	of	ADP
cblr-8481	517	44	a	a	DET
cblr-8481	517	45	statement	statement	NOUN
cblr-8481	517	46	does	do	VERB
cblr-8481	517	47	not	not	PART
cblr-8481	517	48	.	.	PUNCT
cblr-8481	518	1	under	under	ADP
cblr-8481	518	2	these	these	DET
cblr-8481	518	3	circumstances	circumstance	NOUN
cblr-8481	518	4	,	,	PUNCT
cblr-8481	518	5	the	the	DET
cblr-8481	518	6	innocent	innocent	ADJ
cblr-8481	518	7	maker	maker	NOUN
cblr-8481	518	8	of	of	ADP
cblr-8481	518	9	the	the	DET
cblr-8481	518	10	statement	statement	NOUN
cblr-8481	518	11	can	can	AUX
cblr-8481	518	12	not	not	PART
cblr-8481	518	13	be	be	AUX
cblr-8481	518	14	held	hold	VERB
cblr-8481	518	15	primarily	primarily	ADV
cblr-8481	518	16	liable	liable	ADJ
cblr-8481	518	17	,	,	PUNCT
cblr-8481	518	18	which	which	PRON
cblr-8481	518	19	means	mean	VERB
cblr-8481	518	20	that	that	SCONJ
cblr-8481	518	21	the	the	DET
cblr-8481	518	22	111	111	NUM
cblr-8481	518	23	i	i	PROPN
cblr-8481	518	24	d.	d.	PROPN
cblr-8481	518	25	(	(	PUNCT
cblr-8481	518	26	second	second	ADJ
cblr-8481	518	27	alteration	alteration	NOUN
cblr-8481	518	28	in	in	ADP
cblr-8481	518	29	original	original	ADJ
cblr-8481	518	30	)	)	PUNCT
cblr-8481	518	31	(	(	PUNCT
cblr-8481	518	32	quoting	quote	VERB
cblr-8481	518	33	i	i	PRON
cblr-8481	518	34	d.	d.	PROPN
cblr-8481	518	35	at	at	ADP
cblr-8481	518	36	1103	1103	NUM
cblr-8481	518	37	(	(	PUNCT
cblr-8481	518	38	majority	majority	NOUN
cblr-8481	518	39	opinion	opinion	NOUN
cblr-8481	518	40	)	)	PUNCT
cblr-8481	518	41	)	)	PUNCT
cblr-8481	518	42	.	.	PUNCT
cblr-8481	519	1	112	112	NUM
cblr-8481	519	2	see	see	VERB
cblr-8481	519	3	,	,	PUNCT
cblr-8481	519	4	e.g.	e.g.	ADV
cblr-8481	519	5	,	,	PUNCT
cblr-8481	519	6	aaron	aaron	PROPN
cblr-8481	519	7	w.	w.	PROPN
cblr-8481	519	8	lipson	lipson	PROPN
cblr-8481	519	9	et	et	PROPN
cblr-8481	519	10	al	al	PROPN
cblr-8481	519	11	.	.	PROPN
cblr-8481	519	12	,	,	PUNCT
cblr-8481	519	13	supreme	supreme	PROPN
cblr-8481	519	14	court	court	PROPN
cblr-8481	519	15	affirms	affirm	VERB
cblr-8481	519	16	lorenzo	lorenzo	PROPN
cblr-8481	519	17	v.	v.	ADP
cblr-8481	519	18	sec	sec	PROPN
cblr-8481	519	19	,	,	PUNCT
cblr-8481	519	20	expanding	expand	VERB
cblr-8481	519	21	the	the	DET
cblr-8481	519	22	scope	scope	NOUN
cblr-8481	519	23	of	of	ADP
cblr-8481	519	24	primary	primary	ADJ
cblr-8481	519	25	liability	liability	NOUN
cblr-8481	519	26	for	for	ADP
cblr-8481	519	27	securities	security	NOUN
cblr-8481	519	28	fraud	fraud	NOUN
cblr-8481	519	29	,	,	PUNCT
cblr-8481	519	30	king	king	PROPN
cblr-8481	519	31	&	&	CCONJ
cblr-8481	519	32	spaulding	spaulding	PROPN
cblr-8481	519	33	(	(	PUNCT
cblr-8481	519	34	apr	apr	PROPN
cblr-8481	519	35	.	.	PROPN
cblr-8481	519	36	4	4	NUM
cblr-8481	519	37	,	,	PUNCT
cblr-8481	519	38	2019	2019	NUM
cblr-8481	519	39	)	)	PUNCT
cblr-8481	519	40	,	,	PUNCT
cblr-8481	519	41	https://www.kslaw.com/news-andinsights/supreme-court-affirms-lorenzo-v-sec-expanding-the-scope-ofprimary-liability-for-securities-fraud	https://www.kslaw.com/news-andinsights/supreme-court-affirms-lorenzo-v-sec-expanding-the-scope-ofprimary-liability-for-securities-fraud	VERB
cblr-8481	520	1	[	[	X
cblr-8481	520	2	https://perma.cc/rz8v-t5v7	https://perma.cc/rz8v-t5v7	X
cblr-8481	520	3	]	]	X
cblr-8481	520	4	;	;	PUNCT
cblr-8481	520	5	ivan	ivan	PROPN
cblr-8481	520	6	p.	p.	PROPN
cblr-8481	520	7	harris	harris	PROPN
cblr-8481	520	8	et	et	PROPN
cblr-8481	520	9	al	al	PROPN
cblr-8481	520	10	.	.	PROPN
cblr-8481	520	11	,	,	PUNCT
cblr-8481	520	12	supreme	supreme	PROPN
cblr-8481	520	13	court	court	PROPN
cblr-8481	520	14	adopts	adopt	VERB
cblr-8481	520	15	broad	broad	ADJ
cblr-8481	520	16	interpretation	interpretation	NOUN
cblr-8481	520	17	of	of	ADP
cblr-8481	520	18	primary	primary	ADJ
cblr-8481	520	19	liability	liability	NOUN
cblr-8481	520	20	in	in	ADP
cblr-8481	520	21	sec	sec	PROPN
cblr-8481	520	22	antifraud	antifraud	PROPN
cblr-8481	520	23	case	case	NOUN
cblr-8481	520	24	,	,	PUNCT
cblr-8481	520	25	morgan	morgan	PROPN
cblr-8481	520	26	lewis	lewis	PROPN
cblr-8481	520	27	(	(	PUNCT
cblr-8481	520	28	mar	mar	PROPN
cblr-8481	520	29	.	.	PROPN
cblr-8481	520	30	28	28	NUM
cblr-8481	520	31	,	,	PUNCT
cblr-8481	520	32	2019	2019	NUM
cblr-8481	520	33	)	)	PUNCT
cblr-8481	520	34	,	,	PUNCT
cblr-8481	520	35	https://www.morganlewis.com/pubs/supreme-court-adopts-broadinterpretation-of-primary-liability-in-sec-antifraud-case	https://www.morganlewis.com/pubs/supreme-court-adopts-broadinterpretation-of-primary-liability-in-sec-antifraud-case	VERB
cblr-8481	521	1	[	[	X
cblr-8481	521	2	https://perma.cc/3m36-ccc4	https://perma.cc/3m36-ccc4	X
cblr-8481	521	3	]	]	X
cblr-8481	521	4	;	;	PUNCT
cblr-8481	521	5	mark	mark	PROPN
cblr-8481	521	6	a.	a.	PROPN
cblr-8481	521	7	perry	perry	PROPN
cblr-8481	521	8	et	et	PROPN
cblr-8481	521	9	al	al	PROPN
cblr-8481	521	10	.	.	PROPN
cblr-8481	521	11	,	,	PUNCT
cblr-8481	521	12	supreme	supreme	PROPN
cblr-8481	521	13	court	court	PROPN
cblr-8481	521	14	holds	hold	VERB
cblr-8481	521	15	that	that	SCONJ
cblr-8481	521	16	securities	security	NOUN
cblr-8481	521	17	fraud	fraud	NOUN
cblr-8481	521	18	liability	liability	NOUN
cblr-8481	521	19	extends	extend	VERB
cblr-8481	521	20	beyond	beyond	ADP
cblr-8481	521	21	“	"	PUNCT
cblr-8481	521	22	maker	maker	NOUN
cblr-8481	521	23	”	"	PUNCT
cblr-8481	521	24	f	f	PROPN
cblr-8481	521	25	false	false	ADJ
cblr-8481	521	26	statements	statement	NOUN
cblr-8481	521	27	2	2	NUM
cblr-8481	521	28	(	(	PUNCT
cblr-8481	521	29	2019	2019	NUM
cblr-8481	521	30	)	)	PUNCT
cblr-8481	521	31	,	,	PUNCT
cblr-8481	521	32	https://www.gibsondunn.com/wp-content/uploads	https://www.gibsondunn.com/wp-content/upload	NOUN
cblr-8481	521	33	/2019/03	/2019/03	NOUN
cblr-8481	521	34	/	/	SYM
cblr-8481	521	35	supreme	supreme	ADJ
cblr-8481	521	36	-	-	PUNCT
cblr-8481	521	37	court	court	NOUN
cblr-8481	521	38	-	-	PUNCT
cblr-8481	521	39	holds	hold	NOUN
cblr-8481	521	40	-	-	PUNCT
cblr-8481	521	41	that	that	PRON
cblr-8481	521	42	-	-	PUNCT
cblr-8481	521	43	securities	security	NOUN
cblr-8481	521	44	-	-	PUNCT
cblr-8481	521	45	fraud	fraud	NOUN
cblr-8481	521	46	-	-	PUNCT
cblr-8481	521	47	liability	liability	NOUN
cblr-8481	521	48	-	-	PUNCT
cblr-8481	521	49	extendsbeyond	extendsbeyond	NOUN
cblr-8481	521	50	-	-	PUNCT
cblr-8481	521	51	maker	maker	NOUN
cblr-8481	521	52	-	-	PUNCT
cblr-8481	521	53	of	of	ADP
cblr-8481	521	54	-	-	PUNCT
cblr-8481	521	55	false	false	ADJ
cblr-8481	521	56	-	-	PUNCT
cblr-8481	521	57	statements.pdf	statements.pdf	NOUN
cblr-8481	521	58	[	[	X
cblr-8481	521	59	https://perma.cc/jg6k-3rsm	https://perma.cc/jg6k-3rsm	X
cblr-8481	521	60	]	]	NOUN
cblr-8481	521	61	.	.	PUNCT
cblr-8481	522	1	113	113	NUM
cblr-8481	522	2	lipson	lipson	NOUN
cblr-8481	522	3	et	et	PROPN
cblr-8481	522	4	al	al	PROPN
cblr-8481	522	5	.	.	PROPN
cblr-8481	522	6	,	,	PUNCT
cblr-8481	522	7	supra	supra	PROPN
cblr-8481	522	8	note	note	NOUN
cblr-8481	522	9	112	112	NUM
cblr-8481	522	10	.	.	PUNCT
cblr-8481	523	1	note	note	VERB
cblr-8481	523	2	lieberman	lieberman	PROPN
cblr-8481	524	1	6/13/2021	6/13/2021	NUM
cblr-8481	524	2	8:45	8:45	NUM
cblr-8481	524	3	pm	pm	NOUN
cblr-8481	524	4	378	378	NUM
cblr-8481	524	5	columbia	columbia	PROPN
cblr-8481	524	6	business	business	NOUN
cblr-8481	524	7	law	law	PROPN
cblr-8481	524	8	review	review	NOUN
cblr-8481	524	9	[	[	X
cblr-8481	524	10	vol	vol	NOUN
cblr-8481	524	11	.	.	NOUN
cblr-8481	524	12	2021	2021	NUM
cblr-8481	524	13	more	more	ADV
cblr-8481	524	14	culpable	culpable	ADJ
cblr-8481	524	15	disseminator	disseminator	NOUN
cblr-8481	524	16	could	could	AUX
cblr-8481	524	17	not	not	PART
cblr-8481	524	18	have	have	AUX
cblr-8481	524	19	aided	aid	VERB
cblr-8481	524	20	and	and	CCONJ
cblr-8481	524	21	abetted	abet	VERB
cblr-8481	524	22	anything.114	anything.114	PROPN
cblr-8481	524	23	lorenzo	lorenzo	PROPN
cblr-8481	524	24	ensured	ensure	VERB
cblr-8481	524	25	that	that	SCONJ
cblr-8481	524	26	“	"	PUNCT
cblr-8481	524	27	the	the	DET
cblr-8481	524	28	commission	commission	NOUN
cblr-8481	524	29	is	be	AUX
cblr-8481	524	30	now	now	ADV
cblr-8481	524	31	clear	clear	ADJ
cblr-8481	524	32	to	to	PART
cblr-8481	524	33	charge	charge	VERB
cblr-8481	524	34	such	such	ADJ
cblr-8481	524	35	persons	person	NOUN
cblr-8481	524	36	as	as	ADP
cblr-8481	524	37	primary	primary	ADJ
cblr-8481	524	38	violators	violator	NOUN
cblr-8481	524	39	without	without	ADP
cblr-8481	524	40	demonstrating	demonstrate	VERB
cblr-8481	524	41	the	the	DET
cblr-8481	524	42	person	person	NOUN
cblr-8481	524	43	who	who	PRON
cblr-8481	524	44	actually	actually	ADV
cblr-8481	524	45	made	make	VERB
cblr-8481	524	46	the	the	DET
cblr-8481	524	47	statement	statement	NOUN
cblr-8481	524	48	also	also	ADV
cblr-8481	524	49	violated	violate	VERB
cblr-8481	524	50	the	the	DET
cblr-8481	524	51	federal	federal	ADJ
cblr-8481	524	52	securities	security	NOUN
cblr-8481	524	53	laws	law	NOUN
cblr-8481	524	54	.	.	PUNCT
cblr-8481	524	55	”115	”115	PUNCT
cblr-8481	525	1	the	the	DET
cblr-8481	525	2	case	case	NOUN
cblr-8481	525	3	will	will	AUX
cblr-8481	525	4	therefore	therefore	ADV
cblr-8481	525	5	likely	likely	ADV
cblr-8481	525	6	lead	lead	VERB
cblr-8481	525	7	to	to	ADP
cblr-8481	525	8	an	an	DET
cblr-8481	525	9	increase	increase	NOUN
cblr-8481	525	10	in	in	ADP
cblr-8481	525	11	scheme	scheme	NOUN
cblr-8481	525	12	liability	liability	NOUN
cblr-8481	525	13	claims.116	claims.116	ADV
cblr-8481	525	14	however	however	ADV
cblr-8481	525	15	,	,	PUNCT
cblr-8481	525	16	it	it	PRON
cblr-8481	525	17	is	be	AUX
cblr-8481	525	18	less	less	ADV
cblr-8481	525	19	clear	clear	ADJ
cblr-8481	525	20	whether	whether	SCONJ
cblr-8481	525	21	the	the	DET
cblr-8481	525	22	case	case	NOUN
cblr-8481	525	23	will	will	AUX
cblr-8481	525	24	have	have	VERB
cblr-8481	525	25	broader	broad	ADJ
cblr-8481	525	26	impacts	impact	NOUN
cblr-8481	525	27	beyond	beyond	ADP
cblr-8481	525	28	expanding	expand	VERB
cblr-8481	525	29	the	the	DET
cblr-8481	525	30	sec	sec	PROPN
cblr-8481	525	31	’s	’s	PART
cblr-8481	525	32	ability	ability	NOUN
cblr-8481	525	33	to	to	PART
cblr-8481	525	34	bring	bring	VERB
cblr-8481	525	35	suits	suit	NOUN
cblr-8481	525	36	under	under	ADP
cblr-8481	525	37	10b-5	10b-5	NUM
cblr-8481	525	38	.	.	PUNCT
cblr-8481	526	1	for	for	ADP
cblr-8481	526	2	instance	instance	NOUN
cblr-8481	526	3	,	,	PUNCT
cblr-8481	526	4	it	it	PRON
cblr-8481	526	5	remains	remain	VERB
cblr-8481	526	6	an	an	DET
cblr-8481	526	7	open	open	ADJ
cblr-8481	526	8	question	question	NOUN
cblr-8481	526	9	whether	whether	SCONJ
cblr-8481	526	10	the	the	DET
cblr-8481	526	11	case	case	NOUN
cblr-8481	526	12	will	will	AUX
cblr-8481	526	13	apply	apply	VERB
cblr-8481	526	14	solely	solely	ADV
cblr-8481	526	15	to	to	ADP
cblr-8481	526	16	dissemination	dissemination	NOUN
cblr-8481	526	17	of	of	ADP
cblr-8481	526	18	false	false	ADJ
cblr-8481	526	19	statements	statement	NOUN
cblr-8481	526	20	or	or	CCONJ
cblr-8481	526	21	whether	whether	SCONJ
cblr-8481	526	22	it	it	PRON
cblr-8481	526	23	will	will	AUX
cblr-8481	526	24	encompass	encompass	VERB
cblr-8481	526	25	a	a	DET
cblr-8481	526	26	broader	broad	ADJ
cblr-8481	526	27	range	range	NOUN
cblr-8481	526	28	of	of	ADP
cblr-8481	526	29	conduct	conduct	NOUN
cblr-8481	526	30	.	.	PUNCT
cblr-8481	527	1	the	the	DET
cblr-8481	527	2	sec	sec	PROPN
cblr-8481	527	3	believes	believe	VERB
cblr-8481	527	4	in	in	ADP
cblr-8481	527	5	a	a	DET
cblr-8481	527	6	broader	broad	ADJ
cblr-8481	527	7	reading	reading	NOUN
cblr-8481	527	8	and	and	CCONJ
cblr-8481	527	9	would	would	AUX
cblr-8481	527	10	extend	extend	VERB
cblr-8481	527	11	the	the	DET
cblr-8481	527	12	holding	holding	NOUN
cblr-8481	527	13	to	to	PART
cblr-8481	527	14	reach	reach	VERB
cblr-8481	527	15	“	"	PUNCT
cblr-8481	527	16	those	those	PRON
cblr-8481	527	17	who	who	PRON
cblr-8481	527	18	direct	direct	VERB
cblr-8481	527	19	somebody	somebody	PRON
cblr-8481	527	20	to	to	PART
cblr-8481	527	21	draft	draft	VERB
cblr-8481	527	22	a	a	DET
cblr-8481	527	23	false	false	ADJ
cblr-8481	527	24	statement	statement	NOUN
cblr-8481	527	25	or	or	CCONJ
cblr-8481	527	26	make	make	VERB
cblr-8481	527	27	a	a	DET
cblr-8481	527	28	false	false	ADJ
cblr-8481	527	29	statement	statement	NOUN
cblr-8481	527	30	or	or	CCONJ
cblr-8481	527	31	disseminate	disseminate	VERB
cblr-8481	527	32	a	a	DET
cblr-8481	527	33	false	false	ADJ
cblr-8481	527	34	statement	statement	NOUN
cblr-8481	527	35	,	,	PUNCT
cblr-8481	527	36	and	and	CCONJ
cblr-8481	527	37	so	so	ADV
cblr-8481	527	38	on	on	ADV
cblr-8481	527	39	.	.	PUNCT
cblr-8481	527	40	”117	”117	X
cblr-8481	528	1	this	this	PRON
cblr-8481	528	2	could	could	AUX
cblr-8481	528	3	even	even	ADV
cblr-8481	528	4	extend	extend	VERB
cblr-8481	528	5	to	to	ADP
cblr-8481	528	6	the	the	DET
cblr-8481	528	7	conduct	conduct	NOUN
cblr-8481	528	8	covered	cover	VERB
cblr-8481	528	9	by	by	ADP
cblr-8481	528	10	janus	janus	PROPN
cblr-8481	528	11	,	,	PUNCT
cblr-8481	528	12	since	since	SCONJ
cblr-8481	528	13	a	a	DET
cblr-8481	528	14	plaintiff	plaintiff	NOUN
cblr-8481	528	15	might	might	AUX
cblr-8481	528	16	argue	argue	VERB
cblr-8481	528	17	that	that	SCONJ
cblr-8481	528	18	a	a	DET
cblr-8481	528	19	defendant	defendant	NOUN
cblr-8481	528	20	corporation	corporation	NOUN
cblr-8481	528	21	has	have	AUX
cblr-8481	528	22	“	"	PUNCT
cblr-8481	528	23	engaged	engage	VERB
cblr-8481	528	24	in	in	ADP
cblr-8481	528	25	a	a	DET
cblr-8481	528	26	scheme	scheme	NOUN
cblr-8481	528	27	or	or	CCONJ
cblr-8481	528	28	artifice	artifice	NOUN
cblr-8481	528	29	to	to	PART
cblr-8481	528	30	defraud	defraud	VERB
cblr-8481	528	31	by	by	ADP
cblr-8481	528	32	creating	create	VERB
cblr-8481	528	33	a	a	DET
cblr-8481	528	34	separate	separate	ADJ
cblr-8481	528	35	entity	entity	NOUN
cblr-8481	528	36	,	,	PUNCT
cblr-8481	528	37	drafting	draft	VERB
cblr-8481	528	38	114	114	NUM
cblr-8481	528	39	harris	harris	PROPN
cblr-8481	528	40	et	et	PROPN
cblr-8481	528	41	al	al	PROPN
cblr-8481	528	42	.	.	PROPN
cblr-8481	528	43	,	,	PUNCT
cblr-8481	528	44	supra	supra	PROPN
cblr-8481	528	45	note	note	NOUN
cblr-8481	528	46	112	112	NUM
cblr-8481	528	47	.	.	PUNCT
cblr-8481	529	1	115	115	NUM
cblr-8481	530	1	i	i	PRON
cblr-8481	530	2	d.	d.	VERB
cblr-8481	530	3	this	this	PRON
cblr-8481	530	4	has	have	AUX
cblr-8481	530	5	also	also	ADV
cblr-8481	530	6	given	give	VERB
cblr-8481	530	7	the	the	DET
cblr-8481	530	8	sec	sec	PROPN
cblr-8481	530	9	“	"	PUNCT
cblr-8481	530	10	a	a	DET
cblr-8481	530	11	sharper	sharp	ADJ
cblr-8481	530	12	weapon	weapon	NOUN
cblr-8481	530	13	”	"	PUNCT
cblr-8481	530	14	and	and	CCONJ
cblr-8481	530	15	likely	likely	ADJ
cblr-8481	530	16	“	"	PUNCT
cblr-8481	530	17	means	mean	VERB
cblr-8481	530	18	that	that	SCONJ
cblr-8481	530	19	anyone	anyone	PRON
cblr-8481	530	20	,	,	PUNCT
cblr-8481	530	21	including	include	VERB
cblr-8481	530	22	investment	investment	NOUN
cblr-8481	530	23	bankers	banker	NOUN
cblr-8481	530	24	acting	act	VERB
cblr-8481	530	25	as	as	ADP
cblr-8481	530	26	underwriters	underwriter	NOUN
cblr-8481	530	27	or	or	CCONJ
cblr-8481	530	28	placement	placement	NOUN
cblr-8481	530	29	agents	agent	NOUN
cblr-8481	530	30	,	,	PUNCT
cblr-8481	530	31	could	could	AUX
cblr-8481	530	32	be	be	AUX
cblr-8481	530	33	held	hold	VERB
cblr-8481	530	34	liable	liable	ADJ
cblr-8481	530	35	through	through	ADP
cblr-8481	530	36	their	their	PRON
cblr-8481	530	37	active	active	ADJ
cblr-8481	530	38	and	and	CCONJ
cblr-8481	530	39	knowing	knowing	ADJ
cblr-8481	530	40	participation	participation	NOUN
cblr-8481	530	41	in	in	ADP
cblr-8481	530	42	the	the	DET
cblr-8481	530	43	distribution	distribution	NOUN
cblr-8481	530	44	of	of	ADP
cblr-8481	530	45	a	a	DET
cblr-8481	530	46	misstatement	misstatement	NOUN
cblr-8481	530	47	made	make	VERB
cblr-8481	530	48	by	by	ADP
cblr-8481	530	49	a	a	DET
cblr-8481	530	50	different	different	ADJ
cblr-8481	530	51	person	person	NOUN
cblr-8481	530	52	.	.	PUNCT
cblr-8481	530	53	”	"	PUNCT
cblr-8481	531	1	andrew	andrew	PROPN
cblr-8481	531	2	reilly	reilly	PROPN
cblr-8481	531	3	&	&	CCONJ
cblr-8481	531	4	alberto	alberto	PROPN
cblr-8481	531	5	pacchioni	pacchioni	PROPN
cblr-8481	531	6	,	,	PUNCT
cblr-8481	531	7	the	the	DET
cblr-8481	531	8	implications	implication	NOUN
cblr-8481	531	9	of	of	ADP
cblr-8481	531	10	lorenzo	lorenzo	NOUN
cblr-8481	531	11	v.	v.	ADP
cblr-8481	531	12	sec	sec	PROPN
cblr-8481	531	13	on	on	ADP
cblr-8481	531	14	rule	rule	NOUN
cblr-8481	531	15	10b-5	10b-5	NUM
cblr-8481	531	16	,	,	PUNCT
cblr-8481	531	17	baker	baker	PROPN
cblr-8481	531	18	mckenzie	mckenzie	PROPN
cblr-8481	531	19	(	(	PUNCT
cblr-8481	531	20	july	july	PROPN
cblr-8481	531	21	24	24	NUM
cblr-8481	531	22	,	,	PUNCT
cblr-8481	531	23	2019	2019	NUM
cblr-8481	531	24	)	)	PUNCT
cblr-8481	531	25	,	,	PUNCT
cblr-8481	531	26	https://www.baker	https://www.baker	NOUN
cblr-8481	531	27	mckenzie.com/en/	mckenzie.com/en/	PROPN
cblr-8481	531	28	insight	insight	NOUN
cblr-8481	531	29	/	/	SYM
cblr-8481	531	30	publications/2019/07	publications/2019/07	PROPN
cblr-8481	531	31	/	/	SYM
cblr-8481	531	32	the	the	DET
cblr-8481	531	33	-	-	PUNCT
cblr-8481	531	34	implications	implication	NOUN
cblr-8481	531	35	-	-	PUNCT
cblr-8481	531	36	of	of	ADP
cblr-8481	531	37	-	-	PUNCT
cblr-8481	531	38	lorenzo	lorenzo	NOUN
cblr-8481	531	39	[	[	X
cblr-8481	531	40	https://perma.cc/6p4s-mprc	https://perma.cc/6p4s-mprc	NOUN
cblr-8481	531	41	]	]	PUNCT
cblr-8481	531	42	.	.	PUNCT
cblr-8481	532	1	116	116	NUM
cblr-8481	532	2	see	see	VERB
cblr-8481	532	3	perry	perry	PROPN
cblr-8481	532	4	et	et	PROPN
cblr-8481	532	5	al	al	PROPN
cblr-8481	532	6	.	.	PROPN
cblr-8481	532	7	,	,	PUNCT
cblr-8481	532	8	supra	supra	PROPN
cblr-8481	532	9	note	note	PROPN
cblr-8481	532	10	112	112	NUM
cblr-8481	532	11	,	,	PUNCT
cblr-8481	532	12	at	at	ADP
cblr-8481	532	13	2	2	NUM
cblr-8481	532	14	;	;	PUNCT
cblr-8481	532	15	paul	paul	PROPN
cblr-8481	532	16	hastings	hastings	PROPN
cblr-8481	532	17	llp	llp	PROPN
cblr-8481	532	18	,	,	PUNCT
cblr-8481	532	19	the	the	DET
cblr-8481	532	20	supreme	supreme	PROPN
cblr-8481	532	21	court	court	PROPN
cblr-8481	532	22	’s	’s	PART
cblr-8481	532	23	decision	decision	NOUN
cblr-8481	532	24	in	in	ADP
cblr-8481	532	25	lorenzo	lorenzo	NOUN
cblr-8481	532	26	:	:	PUNCT
cblr-8481	532	27	laying	lay	VERB
cblr-8481	532	28	the	the	DET
cblr-8481	532	29	groundwork	groundwork	NOUN
cblr-8481	532	30	for	for	ADP
cblr-8481	532	31	expansive	expansive	ADJ
cblr-8481	532	32	theories	theory	NOUN
cblr-8481	532	33	of	of	ADP
cblr-8481	532	34	“	"	PUNCT
cblr-8481	532	35	scheme	scheme	NOUN
cblr-8481	532	36	liability	liability	NOUN
cblr-8481	532	37	”	"	PUNCT
cblr-8481	532	38	under	under	ADP
cblr-8481	532	39	the	the	DET
cblr-8481	532	40	securities	security	NOUN
cblr-8481	532	41	laws	law	NOUN
cblr-8481	532	42	1	1	NUM
cblr-8481	532	43	(	(	PUNCT
cblr-8481	532	44	2019	2019	NUM
cblr-8481	532	45	)	)	PUNCT
cblr-8481	532	46	,	,	PUNCT
cblr-8481	532	47	https://webstorage.paulhastings.com/documents/default%20	https://webstorage.paulhastings.com/documents/default%20	PROPN
cblr-8481	532	48	library	library	NOUN
cblr-8481	532	49	/	/	SYM
cblr-8481	532	50	stay	stay	VERB
cblr-8481	532	51	-	-	PUNCT
cblr-8481	532	52	current	current	ADJ
cblr-8481	532	53	-	-	PUNCT
cblr-8481	532	54	supreme	supreme	ADJ
cblr-8481	532	55	-	-	PUNCT
cblr-8481	532	56	court	court	NOUN
cblr-8481	532	57	-	-	PUNCT
cblr-8481	532	58	decision	decision	NOUN
cblr-8481	532	59	-	-	PUNCT
cblr-8481	532	60	in	in	ADP
cblr-8481	532	61	-	-	PUNCT
cblr-8481	532	62	lorenzo.pdf	lorenzo.pdf	NOUN
cblr-8481	533	1	[	[	X
cblr-8481	533	2	https://perma.cc/53m9-feuk	https://perma.cc/53m9-feuk	X
cblr-8481	533	3	]	]	X
cblr-8481	533	4	.	.	PUNCT
cblr-8481	534	1	117	117	NUM
cblr-8481	534	2	rachel	rachel	PROPN
cblr-8481	534	3	graf	graf	PROPN
cblr-8481	534	4	,	,	PUNCT
cblr-8481	534	5	sec	sec	PROPN
cblr-8481	534	6	expects	expect	VERB
cblr-8481	534	7	lorenzo	lorenzo	VERB
cblr-8481	534	8	to	to	PART
cblr-8481	534	9	extend	extend	VERB
cblr-8481	534	10	beyond	beyond	ADP
cblr-8481	534	11	dissemination	dissemination	NOUN
cblr-8481	534	12	,	,	PUNCT
cblr-8481	534	13	law360	law360	PROPN
cblr-8481	534	14	(	(	PUNCT
cblr-8481	534	15	april	april	PROPN
cblr-8481	534	16	8	8	NUM
cblr-8481	534	17	,	,	PUNCT
cblr-8481	534	18	2019	2019	NUM
cblr-8481	534	19	,	,	PUNCT
cblr-8481	534	20	7:58	7:58	NUM
cblr-8481	534	21	pm	pm	NOUN
cblr-8481	534	22	)	)	PUNCT
cblr-8481	534	23	(	(	PUNCT
cblr-8481	534	24	on	on	ADP
cblr-8481	534	25	file	file	NOUN
cblr-8481	534	26	with	with	ADP
cblr-8481	534	27	the	the	DET
cblr-8481	534	28	columbia	columbia	PROPN
cblr-8481	534	29	business	business	PROPN
cblr-8481	534	30	law	law	PROPN
cblr-8481	534	31	review	review	PROPN
cblr-8481	534	32	)	)	PUNCT
cblr-8481	534	33	,	,	PUNCT
cblr-8481	534	34	https://www.law360.com/articles/1147825	https://www.law360.com/articles/1147825	PROPN
cblr-8481	534	35	.	.	PROPN
cblr-8481	535	1	joseph	joseph	PROPN
cblr-8481	535	2	brenner	brenner	PROPN
cblr-8481	535	3	,	,	PUNCT
cblr-8481	535	4	chief	chief	ADJ
cblr-8481	535	5	counsel	counsel	NOUN
cblr-8481	535	6	of	of	ADP
cblr-8481	535	7	the	the	DET
cblr-8481	535	8	sec	sec	PROPN
cblr-8481	535	9	’s	’s	PART
cblr-8481	535	10	enforcement	enforcement	NOUN
cblr-8481	535	11	division	division	NOUN
cblr-8481	535	12	,	,	PUNCT
cblr-8481	535	13	asserted	assert	VERB
cblr-8481	535	14	that	that	SCONJ
cblr-8481	535	15	“	"	PUNCT
cblr-8481	535	16	[	[	X
cblr-8481	535	17	y]ou're	y]ou're	NOUN
cblr-8481	535	18	going	go	VERB
cblr-8481	535	19	to	to	PART
cblr-8481	535	20	face	face	VERB
cblr-8481	535	21	a	a	DET
cblr-8481	535	22	fair	fair	ADJ
cblr-8481	535	23	bit	bit	NOUN
cblr-8481	535	24	of	of	ADP
cblr-8481	535	25	skepticism	skepticism	NOUN
cblr-8481	535	26	from	from	ADP
cblr-8481	535	27	the	the	DET
cblr-8481	535	28	folks	folk	NOUN
cblr-8481	535	29	up	up	ADV
cblr-8481	535	30	here	here	ADV
cblr-8481	535	31	if	if	SCONJ
cblr-8481	535	32	you	you	PRON
cblr-8481	535	33	're	be	AUX
cblr-8481	535	34	arguing	argue	VERB
cblr-8481	535	35	that	that	SCONJ
cblr-8481	535	36	the	the	DET
cblr-8481	535	37	court	court	NOUN
cblr-8481	535	38	's	's	PART
cblr-8481	535	39	reasoning	reasoning	NOUN
cblr-8481	535	40	does	do	AUX
cblr-8481	535	41	n’t	not	PART
cblr-8481	535	42	extend	extend	VERB
cblr-8481	535	43	to	to	ADP
cblr-8481	535	44	other	other	ADJ
cblr-8481	535	45	kinds	kind	NOUN
cblr-8481	535	46	of	of	ADP
cblr-8481	535	47	deceptive	deceptive	ADJ
cblr-8481	535	48	conduct	conduct	NOUN
cblr-8481	535	49	in	in	ADP
cblr-8481	535	50	connection	connection	NOUN
cblr-8481	535	51	with	with	ADP
cblr-8481	535	52	misstatements	misstatement	NOUN
cblr-8481	535	53	.	.	PUNCT
cblr-8481	535	54	”	"	PUNCT
cblr-8481	536	1	i	i	PRON
cblr-8481	536	2	d.	d.	PROPN
cblr-8481	536	3	(	(	PUNCT
cblr-8481	536	4	internal	internal	ADJ
cblr-8481	536	5	quotation	quotation	NOUN
cblr-8481	536	6	marks	mark	NOUN
cblr-8481	536	7	omitted	omit	VERB
cblr-8481	536	8	)	)	PUNCT
cblr-8481	536	9	.	.	PUNCT
cblr-8481	537	1	note	note	NOUN
cblr-8481	537	2	–	–	PUNCT
cblr-8481	537	3	lieberman	lieberman	PROPN
cblr-8481	538	1	6/13/2021	6/13/2021	NUM
cblr-8481	538	2	8:45	8:45	NUM
cblr-8481	538	3	pm	pm	NOUN
cblr-8481	538	4	no	no	INTJ
cblr-8481	538	5	.	.	PUNCT
cblr-8481	539	1	1:352	1:352	NUM
cblr-8481	539	2	]	]	X
cblr-8481	539	3	lorenzo	lorenzo	PROPN
cblr-8481	539	4	v.	v.	ADP
cblr-8481	539	5	sec	sec	PROPN
cblr-8481	539	6	and	and	CCONJ
cblr-8481	539	7	the	the	DET
cblr-8481	539	8	expansion	expansion	NOUN
cblr-8481	539	9	of	of	ADP
cblr-8481	539	10	scheme	scheme	NOUN
cblr-8481	539	11	liability	liability	NOUN
cblr-8481	539	12	379	379	NUM
cblr-8481	539	13	misleading	misleading	ADJ
cblr-8481	539	14	disclosures	disclosure	NOUN
cblr-8481	539	15	,	,	PUNCT
cblr-8481	539	16	and	and	CCONJ
cblr-8481	539	17	then	then	ADV
cblr-8481	539	18	leaving	leave	VERB
cblr-8481	539	19	the	the	DET
cblr-8481	539	20	investors	investor	NOUN
cblr-8481	539	21	to	to	PART
cblr-8481	539	22	deal	deal	VERB
cblr-8481	539	23	with	with	ADP
cblr-8481	539	24	the	the	DET
cblr-8481	539	25	entity	entity	NOUN
cblr-8481	539	26	alone	alone	ADV
cblr-8481	539	27	.	.	PUNCT
cblr-8481	540	1	”118	”118	PUNCT
cblr-8481	541	1	others	other	NOUN
cblr-8481	541	2	are	be	AUX
cblr-8481	541	3	more	more	ADV
cblr-8481	541	4	skeptical	skeptical	ADJ
cblr-8481	541	5	of	of	ADP
cblr-8481	541	6	such	such	DET
cblr-8481	541	7	a	a	DET
cblr-8481	541	8	reading	reading	NOUN
cblr-8481	541	9	,	,	PUNCT
cblr-8481	541	10	claiming	claim	VERB
cblr-8481	541	11	that	that	SCONJ
cblr-8481	541	12	the	the	DET
cblr-8481	541	13	most	most	ADV
cblr-8481	541	14	pertinent	pertinent	ADJ
cblr-8481	541	15	questions	question	NOUN
cblr-8481	541	16	surrounding	surround	VERB
cblr-8481	541	17	the	the	DET
cblr-8481	541	18	case	case	NOUN
cblr-8481	541	19	involve	involve	VERB
cblr-8481	541	20	the	the	DET
cblr-8481	541	21	scope	scope	NOUN
cblr-8481	541	22	of	of	ADP
cblr-8481	541	23	dissemination	dissemination	NOUN
cblr-8481	541	24	liability.119	liability.119	NOUN
cblr-8481	541	25	many	many	ADJ
cblr-8481	541	26	commentators	commentator	NOUN
cblr-8481	541	27	emphasized	emphasize	VERB
cblr-8481	541	28	the	the	DET
cblr-8481	541	29	unique	unique	ADJ
cblr-8481	541	30	factual	factual	ADJ
cblr-8481	541	31	scenario	scenario	NOUN
cblr-8481	541	32	present	present	ADJ
cblr-8481	541	33	in	in	ADP
cblr-8481	541	34	lorenzo	lorenzo	PROPN
cblr-8481	541	35	to	to	PART
cblr-8481	541	36	support	support	VERB
cblr-8481	541	37	a	a	DET
cblr-8481	541	38	limited	limited	ADJ
cblr-8481	541	39	view	view	NOUN
cblr-8481	541	40	of	of	ADP
cblr-8481	541	41	lorenzo	lorenzo	PROPN
cblr-8481	541	42	’s	’s	PART
cblr-8481	541	43	scope	scope	NOUN
cblr-8481	541	44	,	,	PUNCT
cblr-8481	541	45	noting	note	VERB
cblr-8481	541	46	that	that	SCONJ
cblr-8481	541	47	“	"	PUNCT
cblr-8481	541	48	lorenzo	lorenzo	PROPN
cblr-8481	541	49	did	do	AUX
cblr-8481	541	50	not	not	PART
cblr-8481	541	51	challenge	challenge	VERB
cblr-8481	541	52	the	the	DET
cblr-8481	541	53	d.c	d.c	PROPN
cblr-8481	541	54	.	.	PROPN
cblr-8481	541	55	circuit	circuit	PROPN
cblr-8481	541	56	’s	’s	PART
cblr-8481	541	57	holding	hold	VERB
cblr-8481	541	58	that	that	SCONJ
cblr-8481	541	59	he	he	PRON
cblr-8481	541	60	had	have	VERB
cblr-8481	541	61	the	the	DET
cblr-8481	541	62	requisite	requisite	ADJ
cblr-8481	541	63	scienter	scienter	NOUN
cblr-8481	541	64	.	.	PUNCT
cblr-8481	541	65	”120	”120	PUNCT
cblr-8481	542	1	this	this	PRON
cblr-8481	542	2	is	be	AUX
cblr-8481	542	3	significant	significant	ADJ
cblr-8481	542	4	because	because	SCONJ
cblr-8481	542	5	,	,	PUNCT
cblr-8481	542	6	as	as	SCONJ
cblr-8481	542	7	other	other	ADJ
cblr-8481	542	8	commentators	commentator	NOUN
cblr-8481	542	9	noted	note	VERB
cblr-8481	542	10	,	,	PUNCT
cblr-8481	542	11	“	"	PUNCT
cblr-8481	542	12	courts	court	NOUN
cblr-8481	542	13	are	be	AUX
cblr-8481	542	14	rarely	rarely	ADV
cblr-8481	542	15	presented	present	VERB
cblr-8481	542	16	with	with	ADP
cblr-8481	542	17	cases	case	NOUN
cblr-8481	542	18	where	where	SCONJ
cblr-8481	542	19	falsity	falsity	NOUN
cblr-8481	542	20	and	and	CCONJ
cblr-8481	542	21	118	118	NUM
cblr-8481	542	22	jessica	jessica	PROPN
cblr-8481	542	23	ortiz	ortiz	PROPN
cblr-8481	542	24	,	,	PUNCT
cblr-8481	542	25	caleb	caleb	PROPN
cblr-8481	542	26	hayes	hayes	PROPN
cblr-8481	542	27	-	-	PUNCT
cblr-8481	542	28	deats	deats	PROPN
cblr-8481	542	29	&	&	CCONJ
cblr-8481	542	30	michelle	michelle	PROPN
cblr-8481	542	31	parthum	parthum	PROPN
cblr-8481	542	32	,	,	PUNCT
cblr-8481	542	33	how	how	SCONJ
cblr-8481	542	34	broad	broad	ADJ
cblr-8481	542	35	is	be	AUX
cblr-8481	542	36	“	"	PUNCT
cblr-8481	542	37	scheme	scheme	ADJ
cblr-8481	542	38	”	"	PUNCT
cblr-8481	542	39	liability	liability	NOUN
cblr-8481	542	40	under	under	ADP
cblr-8481	542	41	rule	rule	NOUN
cblr-8481	542	42	10b-5	10b-5	NUM
cblr-8481	542	43	following	follow	VERB
cblr-8481	542	44	lorenzo	lorenzo	NOUN
cblr-8481	542	45	v.	v.	ADP
cblr-8481	542	46	sec	sec	PROPN
cblr-8481	542	47	?	?	PROPN
cblr-8481	542	48	,	,	PUNCT
cblr-8481	542	49	am	be	AUX
cblr-8481	542	50	.	.	PUNCT
cblr-8481	542	51	bar	bar	NOUN
cblr-8481	542	52	ass’n	ass’n	NUM
cblr-8481	542	53	(	(	PUNCT
cblr-8481	542	54	apr	apr	NOUN
cblr-8481	542	55	.	.	PROPN
cblr-8481	542	56	5	5	NUM
cblr-8481	542	57	,	,	PUNCT
cblr-8481	542	58	2019	2019	NUM
cblr-8481	542	59	)	)	PUNCT
cblr-8481	542	60	,	,	PUNCT
cblr-8481	542	61	https://www	https://www	PROPN
cblr-8481	542	62	.	.	PUNCT
cblr-8481	542	63	americanbar.org/groups/litigation/	americanbar.org/groups/litigation/	PROPN
cblr-8481	542	64	committees	committees	PROPN
cblr-8481	542	65	/	/	SYM
cblr-8481	542	66	securities	security	NOUN
cblr-8481	542	67	/	/	SYM
cblr-8481	542	68	practice/2019	practice/2019	ADJ
cblr-8481	542	69	/	/	SYM
cblr-8481	542	70	scheme	scheme	NOUN
cblr-8481	542	71	-	-	PUNCT
cblr-8481	542	72	liability	liability	NOUN
cblr-8481	542	73	-	-	PUNCT
cblr-8481	542	74	rule-10b-5	rule-10b-5	NOUN
cblr-8481	542	75	-	-	PUNCT
cblr-8481	542	76	lorenzo	lorenzo	NOUN
cblr-8481	542	77	-	-	PUNCT
cblr-8481	542	78	vsec	vsec	NOUN
cblr-8481	543	1	[	[	X
cblr-8481	543	2	https://perma.cc/s7p4-vsmh	https://perma.cc/s7p4-vsmh	NOUN
cblr-8481	543	3	]	]	PUNCT
cblr-8481	543	4	.	.	PUNCT
cblr-8481	544	1	another	another	DET
cblr-8481	544	2	set	set	NOUN
cblr-8481	544	3	of	of	ADP
cblr-8481	544	4	commentators	commentator	NOUN
cblr-8481	544	5	similarly	similarly	ADV
cblr-8481	544	6	noted	note	VERB
cblr-8481	544	7	that	that	SCONJ
cblr-8481	544	8	“	"	PUNCT
cblr-8481	544	9	one	one	PRON
cblr-8481	544	10	could	could	AUX
cblr-8481	544	11	imagine	imagine	VERB
cblr-8481	544	12	certain	certain	ADJ
cblr-8481	544	13	cases	case	NOUN
cblr-8481	544	14	where	where	SCONJ
cblr-8481	544	15	plaintiffs	plaintiff	NOUN
cblr-8481	544	16	may	may	AUX
cblr-8481	544	17	assert	assert	VERB
cblr-8481	544	18	rule	rule	NOUN
cblr-8481	544	19	10b-5(a	10b-5(a	NUM
cblr-8481	544	20	)	)	PUNCT
cblr-8481	544	21	or	or	CCONJ
cblr-8481	544	22	(	(	PUNCT
cblr-8481	544	23	c	c	NOUN
cblr-8481	544	24	)	)	PUNCT
cblr-8481	544	25	primary	primary	ADJ
cblr-8481	544	26	scheme	scheme	NOUN
cblr-8481	544	27	liability	liability	NOUN
cblr-8481	544	28	claims	claim	NOUN
cblr-8481	544	29	against	against	ADP
cblr-8481	544	30	defendants	defendant	NOUN
cblr-8481	544	31	where	where	SCONJ
cblr-8481	544	32	,	,	PUNCT
cblr-8481	544	33	for	for	ADP
cblr-8481	544	34	example	example	NOUN
cblr-8481	544	35	,	,	PUNCT
cblr-8481	544	36	the	the	DET
cblr-8481	544	37	‘	'	PUNCT
cblr-8481	544	38	maker	maker	NOUN
cblr-8481	544	39	’	'	PUNCT
cblr-8481	544	40	of	of	ADP
cblr-8481	544	41	the	the	DET
cblr-8481	544	42	statement	statement	NOUN
cblr-8481	544	43	under	under	ADP
cblr-8481	544	44	janus	janus	PROPN
cblr-8481	544	45	is	be	AUX
cblr-8481	544	46	unclear	unclear	ADJ
cblr-8481	544	47	or	or	CCONJ
cblr-8481	544	48	there	there	PRON
cblr-8481	544	49	are	be	VERB
cblr-8481	544	50	defendants	defendant	NOUN
cblr-8481	544	51	who	who	PRON
cblr-8481	544	52	acted	act	VERB
cblr-8481	544	53	in	in	ADP
cblr-8481	544	54	close	close	ADJ
cblr-8481	544	55	concert	concert	NOUN
cblr-8481	544	56	with	with	ADP
cblr-8481	544	57	the	the	DET
cblr-8481	544	58	maker	maker	NOUN
cblr-8481	544	59	in	in	ADP
cblr-8481	544	60	disseminating	disseminate	VERB
cblr-8481	544	61	the	the	DET
cblr-8481	544	62	alleged	allege	VERB
cblr-8481	544	63	fraudulent	fraudulent	ADJ
cblr-8481	544	64	statements	statement	NOUN
cblr-8481	544	65	.	.	PUNCT
cblr-8481	544	66	”	"	PUNCT
cblr-8481	545	1	paul	paul	PROPN
cblr-8481	545	2	hastings	hastings	PROPN
cblr-8481	545	3	llp	llp	PROPN
cblr-8481	545	4	,	,	PUNCT
cblr-8481	545	5	supra	supra	PROPN
cblr-8481	545	6	note	note	PROPN
cblr-8481	545	7	116	116	NUM
cblr-8481	545	8	,	,	PUNCT
cblr-8481	545	9	at	at	ADP
cblr-8481	545	10	3	3	NUM
cblr-8481	545	11	.	.	NOUN
cblr-8481	545	12	119	119	NUM
cblr-8481	545	13	for	for	ADP
cblr-8481	545	14	instance	instance	NOUN
cblr-8481	545	15	,	,	PUNCT
cblr-8481	545	16	attorneys	attorney	NOUN
cblr-8481	545	17	from	from	ADP
cblr-8481	545	18	ropes	rope	NOUN
cblr-8481	545	19	&	&	CCONJ
cblr-8481	545	20	gray	gray	PROPN
cblr-8481	545	21	noted	note	VERB
cblr-8481	545	22	that	that	SCONJ
cblr-8481	545	23	janus	janus	PROPN
cblr-8481	545	24	and	and	CCONJ
cblr-8481	545	25	lorenzo	lorenzo	PROPN
cblr-8481	545	26	represent	represent	VERB
cblr-8481	545	27	the	the	DET
cblr-8481	545	28	guardrails	guardrail	NOUN
cblr-8481	546	1	[	[	X
cblr-8481	546	2	in	in	ADP
cblr-8481	546	3	terms	term	NOUN
cblr-8481	546	4	of	of	ADP
cblr-8481	546	5	primary	primary	ADJ
cblr-8481	546	6	liability	liability	NOUN
cblr-8481	546	7	]	]	PUNCT
cblr-8481	546	8	,	,	PUNCT
cblr-8481	546	9	and	and	CCONJ
cblr-8481	546	10	the	the	DET
cblr-8481	546	11	battleground	battleground	NOUN
cblr-8481	546	12	over	over	ADP
cblr-8481	546	13	the	the	DET
cblr-8481	546	14	next	next	ADJ
cblr-8481	546	15	few	few	ADJ
cblr-8481	546	16	years	year	NOUN
cblr-8481	546	17	will	will	AUX
cblr-8481	546	18	be	be	AUX
cblr-8481	546	19	defining	define	VERB
cblr-8481	546	20	just	just	ADV
cblr-8481	546	21	how	how	SCONJ
cblr-8481	546	22	far	far	ADV
cblr-8481	546	23	lorenzo	lorenzo	NOUN
cblr-8481	546	24	expands	expand	VERB
cblr-8481	546	25	rule	rule	NOUN
cblr-8481	546	26	10b-5	10b-5	NUM
cblr-8481	546	27	liability	liability	NOUN
cblr-8481	546	28	.	.	PUNCT
cblr-8481	547	1	what	what	DET
cblr-8481	547	2	amount	amount	NOUN
cblr-8481	547	3	of	of	ADP
cblr-8481	547	4	control	control	NOUN
cblr-8481	547	5	over	over	ADP
cblr-8481	547	6	a	a	DET
cblr-8481	547	7	fraudulent	fraudulent	ADJ
cblr-8481	547	8	statement	statement	NOUN
cblr-8481	547	9	is	be	AUX
cblr-8481	547	10	enough	enough	ADJ
cblr-8481	547	11	,	,	PUNCT
cblr-8481	547	12	and	and	CCONJ
cblr-8481	547	13	what	what	DET
cblr-8481	547	14	level	level	NOUN
cblr-8481	547	15	of	of	ADP
cblr-8481	547	16	involvement	involvement	NOUN
cblr-8481	547	17	in	in	ADP
cblr-8481	547	18	distribution	distribution	NOUN
cblr-8481	547	19	is	be	AUX
cblr-8481	547	20	required	require	VERB
cblr-8481	547	21	—	—	PUNCT
cblr-8481	547	22	these	these	PRON
cblr-8481	547	23	are	be	AUX
cblr-8481	547	24	the	the	DET
cblr-8481	547	25	questions	question	NOUN
cblr-8481	547	26	that	that	PRON
cblr-8481	547	27	the	the	DET
cblr-8481	547	28	courts	court	NOUN
cblr-8481	547	29	will	will	AUX
cblr-8481	547	30	need	need	VERB
cblr-8481	547	31	to	to	PART
cblr-8481	547	32	address	address	VERB
cblr-8481	547	33	.	.	PUNCT
cblr-8481	548	1	martin	martin	PROPN
cblr-8481	548	2	j.	j.	PROPN
cblr-8481	548	3	crisp	crisp	PROPN
cblr-8481	548	4	,	,	PUNCT
cblr-8481	548	5	david	david	PROPN
cblr-8481	548	6	hennes	hennes	PROPN
cblr-8481	548	7	&	&	CCONJ
cblr-8481	548	8	r.	r.	PROPN
cblr-8481	548	9	daniel	daniel	PROPN
cblr-8481	548	10	o’connor	o’connor	ADV
cblr-8481	548	11	,	,	PUNCT
cblr-8481	548	12	lorenzo	lorenzo	PROPN
cblr-8481	548	13	v.	v.	ADP
cblr-8481	548	14	sec	sec	PROPN
cblr-8481	548	15	:	:	PUNCT
cblr-8481	548	16	expanded	expand	VERB
cblr-8481	548	17	scope	scope	NOUN
cblr-8481	548	18	of	of	ADP
cblr-8481	548	19	securities	security	NOUN
cblr-8481	548	20	fraud	fraud	NOUN
cblr-8481	548	21	liability	liability	NOUN
cblr-8481	548	22	,	,	PUNCT
cblr-8481	548	23	harv	harv	PROPN
cblr-8481	548	24	.	.	PUNCT
cblr-8481	549	1	l.	l.	PROPN
cblr-8481	549	2	sch	sch	PROPN
cblr-8481	549	3	.	.	PUNCT
cblr-8481	550	1	f.	f.	PROPN
cblr-8481	550	2	on	on	ADP
cblr-8481	550	3	corp	corp	PROPN
cblr-8481	550	4	.	.	PROPN
cblr-8481	550	5	governance	governance	PROPN
cblr-8481	550	6	(	(	PUNCT
cblr-8481	550	7	apr	apr	PROPN
cblr-8481	550	8	.	.	PROPN
cblr-8481	550	9	14	14	NUM
cblr-8481	550	10	,	,	PUNCT
cblr-8481	550	11	2019	2019	NUM
cblr-8481	550	12	)	)	PUNCT
cblr-8481	550	13	,	,	PUNCT
cblr-8481	550	14	https://corpgov.law.harvard.edu/2019/04/14/	https://corpgov.law.harvard.edu/2019/04/14/	X
cblr-8481	550	15	lorenzo	lorenzo	NOUN
cblr-8481	550	16	-	-	PUNCT
cblr-8481	550	17	v	v	NOUN
cblr-8481	550	18	-	-	PUNCT
cblr-8481	550	19	sec	sec	NOUN
cblr-8481	550	20	-	-	PUNCT
cblr-8481	550	21	expanded	expand	VERB
cblr-8481	550	22	-	-	PUNCT
cblr-8481	550	23	scope	scope	NOUN
cblr-8481	550	24	-	-	PUNCT
cblr-8481	550	25	of	of	ADP
cblr-8481	550	26	-	-	PUNCT
cblr-8481	550	27	securities	security	NOUN
cblr-8481	550	28	-	-	PUNCT
cblr-8481	550	29	fraud	fraud	NOUN
cblr-8481	550	30	-	-	PUNCT
cblr-8481	550	31	liability	liability	NOUN
cblr-8481	550	32	[	[	X
cblr-8481	550	33	https://perma.cc/c37n-5v5n	https://perma.cc/c37n-5v5n	X
cblr-8481	550	34	]	]	X
cblr-8481	550	35	.	.	PUNCT
cblr-8481	551	1	another	another	DET
cblr-8481	551	2	set	set	NOUN
cblr-8481	551	3	of	of	ADP
cblr-8481	551	4	commentators	commentator	NOUN
cblr-8481	551	5	likewise	likewise	ADV
cblr-8481	551	6	noted	note	VERB
cblr-8481	551	7	that	that	SCONJ
cblr-8481	551	8	“	"	PUNCT
cblr-8481	551	9	[	[	X
cblr-8481	551	10	t]he	t]he	X
cblr-8481	551	11	court	court	NOUN
cblr-8481	551	12	’s	’s	PART
cblr-8481	551	13	focus	focus	NOUN
cblr-8481	551	14	on	on	ADP
cblr-8481	551	15	the	the	DET
cblr-8481	551	16	term	term	NOUN
cblr-8481	551	17	‘	'	PUNCT
cblr-8481	551	18	dissemination	dissemination	NOUN
cblr-8481	551	19	’	'	PUNCT
cblr-8481	551	20	in	in	ADP
cblr-8481	551	21	its	its	PRON
cblr-8481	551	22	decision	decision	NOUN
cblr-8481	551	23	,	,	PUNCT
cblr-8481	551	24	however	however	ADV
cblr-8481	551	25	,	,	PUNCT
cblr-8481	551	26	will	will	AUX
cblr-8481	551	27	surely	surely	ADV
cblr-8481	551	28	spur	spur	VERB
cblr-8481	551	29	litigation	litigation	NOUN
cblr-8481	551	30	about	about	ADP
cblr-8481	551	31	the	the	DET
cblr-8481	551	32	meaning	meaning	NOUN
cblr-8481	551	33	of	of	ADP
cblr-8481	551	34	the	the	DET
cblr-8481	551	35	term	term	NOUN
cblr-8481	551	36	.	.	PUNCT
cblr-8481	552	1	lorenzo	lorenzo	PROPN
cblr-8481	552	2	’s	’s	PART
cblr-8481	552	3	behavior	behavior	NOUN
cblr-8481	552	4	may	may	AUX
cblr-8481	552	5	not	not	PART
cblr-8481	552	6	have	have	AUX
cblr-8481	552	7	been	be	AUX
cblr-8481	552	8	‘	'	PUNCT
cblr-8481	552	9	borderline	borderline	NOUN
cblr-8481	552	10	,	,	PUNCT
cblr-8481	552	11	’	'	PUNCT
cblr-8481	552	12	but	but	CCONJ
cblr-8481	552	13	someone	someone	PRON
cblr-8481	552	14	else	else	ADV
cblr-8481	552	15	’s	’s	PART
cblr-8481	552	16	will	will	AUX
cblr-8481	552	17	be	be	AUX
cblr-8481	552	18	.	.	PUNCT
cblr-8481	552	19	”	"	PUNCT
cblr-8481	553	1	jennifer	jennifer	PROPN
cblr-8481	553	2	l.	l.	PROPN
cblr-8481	553	3	achilles	achilles	PROPN
cblr-8481	553	4	,	,	PUNCT
cblr-8481	553	5	lorenzo	lorenzo	PROPN
cblr-8481	553	6	v.	v.	ADP
cblr-8481	553	7	sec	sec	PROPN
cblr-8481	553	8	:	:	PUNCT
cblr-8481	553	9	restoring	restore	VERB
cblr-8481	553	10	primary	primary	ADJ
cblr-8481	553	11	liability	liability	NOUN
cblr-8481	553	12	for	for	ADP
cblr-8481	553	13	misstatements	misstatement	NOUN
cblr-8481	553	14	,	,	PUNCT
cblr-8481	553	15	reed	reed	PROPN
cblr-8481	553	16	smith	smith	PROPN
cblr-8481	553	17	(	(	PUNCT
cblr-8481	553	18	apr	apr	PROPN
cblr-8481	553	19	.	.	PROPN
cblr-8481	553	20	3	3	NUM
cblr-8481	553	21	,	,	PUNCT
cblr-8481	553	22	2019	2019	NUM
cblr-8481	553	23	)	)	PUNCT
cblr-8481	553	24	,	,	PUNCT
cblr-8481	553	25	https://www.reedsmith.com/en/perspectives/	https://www.reedsmith.com/en/perspectives/	PROPN
cblr-8481	553	26	2019/04	2019/04	NUM
cblr-8481	553	27	/	/	SYM
cblr-8481	553	28	lorenzo	lorenzo	NOUN
cblr-8481	553	29	-	-	PUNCT
cblr-8481	553	30	v	v	NOUN
cblr-8481	553	31	-	-	PUNCT
cblr-8481	553	32	sec	sec	NOUN
cblr-8481	554	1	[	[	X
cblr-8481	554	2	https://perma.cc/8kh3-gdny	https://perma.cc/8kh3-gdny	X
cblr-8481	554	3	]	]	X
cblr-8481	554	4	.	.	PUNCT
cblr-8481	555	1	120	120	NUM
cblr-8481	555	2	perry	perry	PROPN
cblr-8481	555	3	et	et	PROPN
cblr-8481	555	4	al	al	PROPN
cblr-8481	555	5	.	.	PROPN
cblr-8481	555	6	,	,	PUNCT
cblr-8481	555	7	supra	supra	PROPN
cblr-8481	555	8	note	note	PROPN
cblr-8481	555	9	112	112	NUM
cblr-8481	555	10	,	,	PUNCT
cblr-8481	555	11	at	at	ADP
cblr-8481	555	12	2	2	NUM
cblr-8481	555	13	.	.	PUNCT
cblr-8481	555	14	note	note	VERB
cblr-8481	555	15	lieberman	lieberman	PROPN
cblr-8481	555	16	6/13/2021	6/13/2021	NUM
cblr-8481	555	17	8:45	8:45	NUM
cblr-8481	555	18	pm	pm	NOUN
cblr-8481	556	1	380	380	NUM
cblr-8481	556	2	columbia	columbia	PROPN
cblr-8481	556	3	business	business	NOUN
cblr-8481	556	4	law	law	NOUN
cblr-8481	556	5	review	review	NOUN
cblr-8481	556	6	[	[	X
cblr-8481	556	7	vol	vol	NOUN
cblr-8481	556	8	.	.	PUNCT
cblr-8481	556	9	2021	2021	NUM
cblr-8481	556	10	scienter	scienter	NOUN
cblr-8481	556	11	are	be	AUX
cblr-8481	556	12	as	as	ADV
cblr-8481	556	13	clear	clear	ADJ
cblr-8481	556	14	as	as	ADP
cblr-8481	556	15	in	in	ADP
cblr-8481	556	16	lorenzo	lorenzo	NOUN
cblr-8481	556	17	.	.	PUNCT
cblr-8481	556	18	”121	”121	PUNCT
cblr-8481	557	1	therefore	therefore	ADV
cblr-8481	557	2	,	,	PUNCT
cblr-8481	557	3	while	while	SCONJ
cblr-8481	557	4	“	"	PUNCT
cblr-8481	557	5	lorenzo	lorenzo	PROPN
cblr-8481	557	6	may	may	AUX
cblr-8481	557	7	be	be	AUX
cblr-8481	557	8	seen	see	VERB
cblr-8481	557	9	as	as	ADP
cblr-8481	557	10	expanding	expand	VERB
cblr-8481	557	11	the	the	DET
cblr-8481	557	12	types	type	NOUN
cblr-8481	557	13	of	of	ADP
cblr-8481	557	14	conduct	conduct	NOUN
cblr-8481	557	15	within	within	ADP
cblr-8481	557	16	the	the	DET
cblr-8481	557	17	reach	reach	NOUN
cblr-8481	557	18	of	of	ADP
cblr-8481	557	19	rule	rule	NOUN
cblr-8481	557	20	10b-5	10b-5	NUM
cblr-8481	557	21	,	,	PUNCT
cblr-8481	557	22	it	it	PRON
cblr-8481	557	23	does	do	AUX
cblr-8481	557	24	not	not	PART
cblr-8481	557	25	lighten	lighten	VERB
cblr-8481	557	26	the	the	DET
cblr-8481	557	27	sec	sec	PROPN
cblr-8481	557	28	’s	’s	PART
cblr-8481	557	29	burden	burden	NOUN
cblr-8481	557	30	in	in	ADP
cblr-8481	557	31	showing	show	VERB
cblr-8481	557	32	that	that	SCONJ
cblr-8481	557	33	an	an	DET
cblr-8481	557	34	individual	individual	NOUN
cblr-8481	557	35	engaged	engage	VERB
cblr-8481	557	36	in	in	ADP
cblr-8481	557	37	the	the	DET
cblr-8481	557	38	conduct	conduct	NOUN
cblr-8481	557	39	with	with	ADP
cblr-8481	557	40	an	an	DET
cblr-8481	557	41	intent	intent	NOUN
cblr-8481	557	42	to	to	PART
cblr-8481	557	43	deceive	deceive	VERB
cblr-8481	557	44	investors	investor	NOUN
cblr-8481	557	45	.	.	PUNCT
cblr-8481	558	1	”122	”122	PUNCT
cblr-8481	559	1	the	the	DET
cblr-8481	559	2	scienter	scienter	NOUN
cblr-8481	559	3	issue	issue	NOUN
cblr-8481	559	4	illustrates	illustrate	VERB
cblr-8481	559	5	a	a	DET
cblr-8481	559	6	broader	broad	ADJ
cblr-8481	559	7	point	point	NOUN
cblr-8481	559	8	about	about	ADP
cblr-8481	559	9	the	the	DET
cblr-8481	559	10	case	case	NOUN
cblr-8481	559	11	especially	especially	ADV
cblr-8481	559	12	relevant	relevant	ADJ
cblr-8481	559	13	to	to	ADP
cblr-8481	559	14	private	private	ADJ
cblr-8481	559	15	litigation	litigation	NOUN
cblr-8481	559	16	:	:	PUNCT
cblr-8481	559	17	while	while	SCONJ
cblr-8481	559	18	plaintiffs	plaintiff	NOUN
cblr-8481	559	19	are	be	AUX
cblr-8481	559	20	likely	likely	ADJ
cblr-8481	559	21	to	to	PART
cblr-8481	559	22	bring	bring	VERB
cblr-8481	559	23	“	"	PUNCT
cblr-8481	559	24	claims	claim	NOUN
cblr-8481	559	25	that	that	PRON
cblr-8481	559	26	test	test	VERB
cblr-8481	559	27	the	the	DET
cblr-8481	559	28	line	line	NOUN
cblr-8481	559	29	between	between	ADP
cblr-8481	559	30	primary	primary	ADJ
cblr-8481	559	31	and	and	CCONJ
cblr-8481	559	32	secondary	secondary	ADJ
cblr-8481	559	33	liability	liability	NOUN
cblr-8481	559	34	,	,	PUNCT
cblr-8481	559	35	and	and	CCONJ
cblr-8481	559	36	to	to	PART
cblr-8481	559	37	pursue	pursue	VERB
cblr-8481	559	38	claims	claim	NOUN
cblr-8481	559	39	against	against	ADP
cblr-8481	559	40	individual	individual	ADJ
cblr-8481	559	41	defendants	defendant	NOUN
cblr-8481	559	42	not	not	PART
cblr-8481	559	43	previously	previously	ADV
cblr-8481	559	44	named	name	VERB
cblr-8481	559	45	in	in	ADP
cblr-8481	559	46	securities	security	NOUN
cblr-8481	559	47	class	class	NOUN
cblr-8481	559	48	actions,”123	actions,”123	NOUN
cblr-8481	559	49	there	there	PRON
cblr-8481	559	50	still	still	ADV
cblr-8481	559	51	are	be	AUX
cblr-8481	559	52	barriers	barrier	NOUN
cblr-8481	559	53	that	that	PRON
cblr-8481	559	54	will	will	AUX
cblr-8481	559	55	reduce	reduce	VERB
cblr-8481	559	56	the	the	DET
cblr-8481	559	57	number	number	NOUN
cblr-8481	559	58	of	of	ADP
cblr-8481	559	59	successful	successful	ADJ
cblr-8481	559	60	claims	claim	NOUN
cblr-8481	559	61	and	and	CCONJ
cblr-8481	559	62	therefore	therefore	ADV
cblr-8481	559	63	prevent	prevent	VERB
cblr-8481	559	64	a	a	DET
cblr-8481	559	65	surge	surge	NOUN
cblr-8481	559	66	of	of	ADP
cblr-8481	559	67	frivolous	frivolous	ADJ
cblr-8481	559	68	private	private	ADJ
cblr-8481	559	69	actions	action	NOUN
cblr-8481	559	70	.	.	PUNCT
cblr-8481	560	1	for	for	ADP
cblr-8481	560	2	example	example	NOUN
cblr-8481	560	3	,	,	PUNCT
cblr-8481	560	4	at	at	ADP
cblr-8481	560	5	the	the	DET
cblr-8481	560	6	pleading	pleading	NOUN
cblr-8481	560	7	level	level	NOUN
cblr-8481	560	8	“	"	PUNCT
cblr-8481	560	9	lorenzo	lorenzo	PROPN
cblr-8481	560	10	does	do	AUX
cblr-8481	560	11	not	not	PART
cblr-8481	560	12	affect	affect	VERB
cblr-8481	560	13	the	the	DET
cblr-8481	560	14	various	various	ADJ
cblr-8481	560	15	hurdles	hurdle	NOUN
cblr-8481	560	16	the	the	DET
cblr-8481	560	17	[	[	X
cblr-8481	560	18	pslra	pslra	X
cblr-8481	560	19	]	]	PUNCT
cblr-8481	560	20	imposes	impose	VERB
cblr-8481	560	21	on	on	ADP
cblr-8481	560	22	private	private	ADJ
cblr-8481	560	23	section	section	NOUN
cblr-8481	560	24	10(b	10(b	NUM
cblr-8481	560	25	)	)	PUNCT
cblr-8481	560	26	class	class	NOUN
cblr-8481	560	27	action	action	NOUN
cblr-8481	560	28	claims	claim	NOUN
cblr-8481	560	29	,	,	PUNCT
cblr-8481	560	30	including	include	VERB
cblr-8481	560	31	the	the	DET
cblr-8481	560	32	requirements	requirement	NOUN
cblr-8481	560	33	that	that	SCONJ
cblr-8481	560	34	plaintiffs	plaintiff	NOUN
cblr-8481	560	35	plead	plead	VERB
cblr-8481	560	36	a	a	DET
cblr-8481	560	37	strong	strong	ADJ
cblr-8481	560	38	inference	inference	NOUN
cblr-8481	560	39	of	of	ADP
cblr-8481	560	40	scienter	scienter	NOUN
cblr-8481	560	41	and	and	CCONJ
cblr-8481	560	42	state	state	VERB
cblr-8481	560	43	their	their	PRON
cblr-8481	560	44	falsity	falsity	NOUN
cblr-8481	560	45	claims	claim	NOUN
cblr-8481	560	46	with	with	ADP
cblr-8481	560	47	particularity	particularity	NOUN
cblr-8481	560	48	.	.	PUNCT
cblr-8481	560	49	”124	”124	PUNCT
cblr-8481	561	1	further	far	ADV
cblr-8481	561	2	,	,	PUNCT
cblr-8481	561	3	private	private	ADJ
cblr-8481	561	4	litigants	litigant	NOUN
cblr-8481	561	5	will	will	AUX
cblr-8481	561	6	also	also	ADV
cblr-8481	561	7	have	have	VERB
cblr-8481	561	8	to	to	PART
cblr-8481	561	9	show	show	VERB
cblr-8481	561	10	reliance	reliance	NOUN
cblr-8481	561	11	,	,	PUNCT
cblr-8481	561	12	which	which	PRON
cblr-8481	561	13	under	under	ADP
cblr-8481	561	14	stoneridge	stoneridge	NOUN
cblr-8481	561	15	“	"	PUNCT
cblr-8481	561	16	can	can	AUX
cblr-8481	561	17	not	not	PART
cblr-8481	561	18	be	be	AUX
cblr-8481	561	19	based	base	VERB
cblr-8481	561	20	on	on	ADP
cblr-8481	561	21	‘	'	PUNCT
cblr-8481	561	22	undisclosed	undisclosed	ADJ
cblr-8481	561	23	deceptions	deception	NOUN
cblr-8481	561	24	upon	upon	SCONJ
cblr-8481	561	25	which	which	PRON
cblr-8481	561	26	the	the	DET
cblr-8481	561	27	plaintiffs	plaintiff	NOUN
cblr-8481	561	28	could	could	AUX
cblr-8481	561	29	not	not	PART
cblr-8481	561	30	have	have	AUX
cblr-8481	561	31	relied	rely	VERB
cblr-8481	561	32	.	.	PUNCT
cblr-8481	562	1	’”125	’”125	ADV
cblr-8481	562	2	121	121	NUM
cblr-8481	563	1	jim	jim	PROPN
cblr-8481	563	2	beha	beha	PROPN
cblr-8481	563	3	,	,	PUNCT
cblr-8481	563	4	michael	michael	PROPN
cblr-8481	563	5	birnbaum	birnbaum	PROPN
cblr-8481	563	6	,	,	PUNCT
cblr-8481	563	7	jina	jina	PROPN
cblr-8481	563	8	choi	choi	PROPN
cblr-8481	563	9	&	&	CCONJ
cblr-8481	563	10	mark	mark	PROPN
cblr-8481	563	11	foster	foster	PROPN
cblr-8481	563	12	,	,	PUNCT
cblr-8481	563	13	high	high	ADJ
cblr-8481	563	14	court	court	NOUN
cblr-8481	563	15	extends	extend	VERB
cblr-8481	563	16	reach	reach	NOUN
cblr-8481	563	17	of	of	ADP
cblr-8481	563	18	securities	security	NOUN
cblr-8481	563	19	fraud	fraud	NOUN
cblr-8481	563	20	rule	rule	NOUN
cblr-8481	563	21	10b-5	10b-5	NUM
cblr-8481	563	22	(	(	PUNCT
cblr-8481	563	23	2019	2019	NUM
cblr-8481	563	24	)	)	PUNCT
cblr-8481	563	25	(	(	PUNCT
cblr-8481	563	26	emphasis	emphasis	NOUN
cblr-8481	563	27	added	add	VERB
cblr-8481	563	28	)	)	PUNCT
cblr-8481	563	29	,	,	PUNCT
cblr-8481	563	30	https://media2.mofo.com/documents/190329-lorenzo-sec-courtdefendant-liable.pdf	https://media2.mofo.com/documents/190329-lorenzo-sec-courtdefendant-liable.pdf	PROPN
cblr-8481	564	1	[	[	X
cblr-8481	564	2	https://perma.cc/r2mv-ueul	https://perma.cc/r2mv-ueul	PROPN
cblr-8481	564	3	]	]	X
cblr-8481	564	4	.	.	PUNCT
cblr-8481	565	1	122	122	NUM
cblr-8481	566	1	i	i	PRON
cblr-8481	566	2	d.	d.	PROPN
cblr-8481	566	3	(	(	PUNCT
cblr-8481	566	4	emphasis	emphasis	NOUN
cblr-8481	566	5	added	add	VERB
cblr-8481	566	6	)	)	PUNCT
cblr-8481	566	7	.	.	PUNCT
cblr-8481	567	1	this	this	PRON
cblr-8481	567	2	means	mean	VERB
cblr-8481	567	3	that	that	SCONJ
cblr-8481	567	4	“	"	PUNCT
cblr-8481	567	5	lorenzo	lorenzo	PROPN
cblr-8481	567	6	perhaps	perhaps	ADV
cblr-8481	567	7	provides	provide	VERB
cblr-8481	567	8	the	the	DET
cblr-8481	567	9	sec	sec	PROPN
cblr-8481	567	10	with	with	ADP
cblr-8481	567	11	a	a	DET
cblr-8481	567	12	little	little	ADJ
cblr-8481	567	13	more	more	ADJ
cblr-8481	567	14	bark	bark	NOUN
cblr-8481	567	15	,	,	PUNCT
cblr-8481	567	16	but	but	CCONJ
cblr-8481	567	17	not	not	PART
cblr-8481	567	18	much	much	ADJ
cblr-8481	567	19	(	(	PUNCT
cblr-8481	567	20	if	if	SCONJ
cblr-8481	567	21	any	any	PRON
cblr-8481	567	22	)	)	PUNCT
cblr-8481	567	23	more	more	ADJ
cblr-8481	567	24	bite	bite	NOUN
cblr-8481	567	25	,	,	PUNCT
cblr-8481	567	26	as	as	SCONJ
cblr-8481	567	27	it	it	PRON
cblr-8481	567	28	pursues	pursue	VERB
cblr-8481	567	29	enforcement	enforcement	NOUN
cblr-8481	567	30	actions	action	NOUN
cblr-8481	567	31	.	.	PUNCT
cblr-8481	567	32	”	"	PUNCT
cblr-8481	568	1	i	i	PRON
cblr-8481	568	2	d.	d.	PROPN
cblr-8481	568	3	(	(	PUNCT
cblr-8481	568	4	emphasis	emphasis	NOUN
cblr-8481	568	5	added	add	VERB
cblr-8481	568	6	)	)	PUNCT
cblr-8481	568	7	.	.	PUNCT
cblr-8481	569	1	123	123	NUM
cblr-8481	569	2	lipson	lipson	NOUN
cblr-8481	569	3	et	et	PROPN
cblr-8481	569	4	al	al	PROPN
cblr-8481	569	5	.	.	PROPN
cblr-8481	569	6	,	,	PUNCT
cblr-8481	569	7	supra	supra	PROPN
cblr-8481	569	8	note	note	NOUN
cblr-8481	569	9	112	112	NUM
cblr-8481	569	10	.	.	PUNCT
cblr-8481	570	1	124	124	NUM
cblr-8481	571	1	i	i	PROPN
cblr-8481	571	2	d.	d.	PROPN
cblr-8481	571	3	125	125	NUM
cblr-8481	571	4	christopher	christopher	PROPN
cblr-8481	571	5	r.	r.	PROPN
cblr-8481	571	6	conte	conte	PROPN
cblr-8481	571	7	&	&	CCONJ
cblr-8481	571	8	alexandrea	alexandrea	PROPN
cblr-8481	571	9	rahill	rahill	PROPN
cblr-8481	571	10	,	,	PUNCT
cblr-8481	571	11	supreme	supreme	PROPN
cblr-8481	571	12	court	court	PROPN
cblr-8481	571	13	rules	rule	NOUN
cblr-8481	571	14	in	in	ADP
cblr-8481	571	15	lorenzo	lorenzo	PROPN
cblr-8481	571	16	v.	v.	ADP
cblr-8481	571	17	sec	sec	PROPN
cblr-8481	571	18	,	,	PUNCT
cblr-8481	571	19	steptoe	steptoe	PROPN
cblr-8481	571	20	client	client	PROPN
cblr-8481	571	21	alerts	alert	NOUN
cblr-8481	571	22	(	(	PUNCT
cblr-8481	571	23	april	april	PROPN
cblr-8481	571	24	3	3	NUM
cblr-8481	571	25	,	,	PUNCT
cblr-8481	571	26	2019	2019	NUM
cblr-8481	571	27	)	)	PUNCT
cblr-8481	571	28	(	(	PUNCT
cblr-8481	571	29	quoting	quote	VERB
cblr-8481	571	30	lorenzo	lorenzo	PROPN
cblr-8481	571	31	v.	v.	ADP
cblr-8481	571	32	sec	sec	PROPN
cblr-8481	571	33	,	,	PUNCT
cblr-8481	571	34	139	139	NUM
cblr-8481	571	35	s.	s.	PROPN
cblr-8481	571	36	ct	ct	PROPN
cblr-8481	571	37	.	.	PROPN
cblr-8481	571	38	1094	1094	NUM
cblr-8481	571	39	,	,	PUNCT
cblr-8481	571	40	1104	1104	NUM
cblr-8481	571	41	(	(	PUNCT
cblr-8481	571	42	2019	2019	NUM
cblr-8481	571	43	)	)	PUNCT
cblr-8481	571	44	)	)	PUNCT
cblr-8481	571	45	,	,	PUNCT
cblr-8481	571	46	https://www.steptoe.com/	https://www.steptoe.com/	ADJ
cblr-8481	571	47	print	print	PROPN
cblr-8481	571	48	/	/	SYM
cblr-8481	571	49	content/33183	content/33183	NOUN
cblr-8481	571	50	/	/	SYM
cblr-8481	571	51	supreme	supreme	ADJ
cblr-8481	571	52	-	-	PUNCT
cblr-8481	571	53	court	court	NOUN
cblr-8481	571	54	-	-	PUNCT
cblr-8481	571	55	rules	rule	NOUN
cblr-8481	571	56	-	-	PUNCT
cblr-8481	571	57	in	in	ADP
cblr-8481	571	58	-	-	PUNCT
cblr-8481	571	59	lorenzo	lorenzo	NOUN
cblr-8481	571	60	-	-	PUNCT
cblr-8481	571	61	v	v	NOUN
cblr-8481	571	62	-	-	PUNCT
cblr-8481	571	63	sec.pdf?q=	sec.pdf?q=	NOUN
cblr-8481	571	64	[	[	X
cblr-8481	571	65	https://perma.cc/g8s4-2hnq	https://perma.cc/g8s4-2hnq	X
cblr-8481	571	66	]	]	PUNCT
cblr-8481	571	67	.	.	PUNCT
cblr-8481	572	1	expanding	expand	VERB
cblr-8481	572	2	on	on	ADP
cblr-8481	572	3	this	this	DET
cblr-8481	572	4	idea	idea	NOUN
cblr-8481	572	5	,	,	PUNCT
cblr-8481	572	6	some	some	DET
cblr-8481	572	7	commentators	commentator	NOUN
cblr-8481	572	8	noted	note	VERB
cblr-8481	572	9	that	that	SCONJ
cblr-8481	572	10	“	"	PUNCT
cblr-8481	572	11	[	[	X
cblr-8481	572	12	w]hile	w]hile	ADP
cblr-8481	572	13	reliance	reliance	NOUN
cblr-8481	572	14	on	on	ADP
cblr-8481	572	15	public	public	ADJ
cblr-8481	572	16	statements	statement	NOUN
cblr-8481	572	17	made	make	VERB
cblr-8481	572	18	by	by	ADP
cblr-8481	572	19	or	or	CCONJ
cblr-8481	572	20	on	on	ADP
cblr-8481	572	21	behalf	behalf	NOUN
cblr-8481	572	22	of	of	ADP
cblr-8481	572	23	public	public	ADJ
cblr-8481	572	24	companies	company	NOUN
cblr-8481	572	25	with	with	ADP
cblr-8481	572	26	efficiently	efficiently	ADV
cblr-8481	572	27	traded	trade	VERB
cblr-8481	572	28	stock	stock	NOUN
cblr-8481	572	29	is	be	AUX
cblr-8481	572	30	presumed	presume	VERB
cblr-8481	572	31	in	in	ADP
cblr-8481	572	32	class	class	NOUN
cblr-8481	572	33	actions	action	NOUN
cblr-8481	572	34	,	,	PUNCT
cblr-8481	572	35	there	there	PRON
cblr-8481	572	36	is	be	VERB
cblr-8481	572	37	no	no	DET
cblr-8481	572	38	similar	similar	ADJ
cblr-8481	572	39	presumption	presumption	NOUN
cblr-8481	572	40	applicable	applicable	ADJ
cblr-8481	572	41	to	to	ADP
cblr-8481	572	42	alleged	allege	VERB
cblr-8481	572	43	‘	'	PUNCT
cblr-8481	572	44	schemes	scheme	NOUN
cblr-8481	572	45	’	'	PUNCT
cblr-8481	572	46	or	or	CCONJ
cblr-8481	572	47	other	other	ADJ
cblr-8481	572	48	forms	form	NOUN
cblr-8481	572	49	of	of	ADP
cblr-8481	572	50	deceptive	deceptive	ADJ
cblr-8481	572	51	conduct	conduct	NOUN
cblr-8481	572	52	.	.	PUNCT
cblr-8481	572	53	”	"	PUNCT
cblr-8481	573	1	beha	beha	NOUN
cblr-8481	573	2	et	et	NOUN
cblr-8481	573	3	al	al	PROPN
cblr-8481	573	4	.	.	PROPN
cblr-8481	573	5	,	,	PUNCT
cblr-8481	573	6	supra	supra	PROPN
cblr-8481	573	7	note	note	PROPN
cblr-8481	573	8	121	121	NUM
cblr-8481	573	9	.	.	PUNCT
cblr-8481	574	1	this	this	PRON
cblr-8481	574	2	will	will	AUX
cblr-8481	574	3	make	make	VERB
cblr-8481	574	4	it	it	PRON
cblr-8481	574	5	especially	especially	ADV
cblr-8481	574	6	difficult	difficult	ADJ
cblr-8481	574	7	to	to	PART
cblr-8481	574	8	bring	bring	VERB
cblr-8481	574	9	class	class	NOUN
cblr-8481	574	10	action	action	NOUN
cblr-8481	574	11	suits	suit	NOUN
cblr-8481	574	12	under	under	ADP
cblr-8481	574	13	the	the	DET
cblr-8481	574	14	scheme	scheme	NOUN
cblr-8481	574	15	liability	liability	NOUN
cblr-8481	574	16	provisions	provision	NOUN
cblr-8481	574	17	because	because	SCONJ
cblr-8481	574	18	without	without	ADP
cblr-8481	574	19	some	some	DET
cblr-8481	574	20	presumption	presumption	NOUN
cblr-8481	574	21	of	of	ADP
cblr-8481	574	22	reliance	reliance	NOUN
cblr-8481	574	23	,	,	PUNCT
cblr-8481	574	24	individual	individual	ADJ
cblr-8481	574	25	issues	issue	NOUN
cblr-8481	574	26	of	of	ADP
cblr-8481	574	27	reliance	reliance	NOUN
cblr-8481	574	28	will	will	AUX
cblr-8481	574	29	predominate	predominate	VERB
cblr-8481	574	30	,	,	PUNCT
cblr-8481	574	31	precluding	preclude	VERB
cblr-8481	574	32	class	class	NOUN
cblr-8481	574	33	certification	certification	NOUN
cblr-8481	574	34	.	.	PUNCT
cblr-8481	575	1	note	note	NOUN
cblr-8481	575	2	–	–	PUNCT
cblr-8481	575	3	lieberman	lieberman	PROPN
cblr-8481	576	1	6/13/2021	6/13/2021	NUM
cblr-8481	576	2	8:45	8:45	NUM
cblr-8481	576	3	pm	pm	NOUN
cblr-8481	576	4	no	no	INTJ
cblr-8481	576	5	.	.	PUNCT
cblr-8481	577	1	1:352	1:352	NUM
cblr-8481	577	2	]	]	X
cblr-8481	577	3	lorenzo	lorenzo	PROPN
cblr-8481	577	4	v.	v.	ADP
cblr-8481	577	5	sec	sec	PROPN
cblr-8481	577	6	and	and	CCONJ
cblr-8481	577	7	the	the	DET
cblr-8481	577	8	expansion	expansion	NOUN
cblr-8481	577	9	of	of	ADP
cblr-8481	577	10	scheme	scheme	NOUN
cblr-8481	577	11	liability	liability	NOUN
cblr-8481	577	12	381	381	NUM
cblr-8481	577	13	therefore	therefore	ADV
cblr-8481	577	14	,	,	PUNCT
cblr-8481	577	15	while	while	SCONJ
cblr-8481	577	16	the	the	DET
cblr-8481	577	17	case	case	NOUN
cblr-8481	577	18	raises	raise	VERB
cblr-8481	577	19	the	the	DET
cblr-8481	577	20	specter	specter	NOUN
cblr-8481	577	21	of	of	ADP
cblr-8481	577	22	“	"	PUNCT
cblr-8481	577	23	blur[ring	blur[re	VERB
cblr-8481	577	24	]	]	X
cblr-8481	577	25	the	the	DET
cblr-8481	577	26	line	line	NOUN
cblr-8481	577	27	between	between	ADP
cblr-8481	577	28	primary	primary	ADJ
cblr-8481	577	29	liability	liability	NOUN
cblr-8481	577	30	and	and	CCONJ
cblr-8481	577	31	secondary	secondary	ADJ
cblr-8481	577	32	(	(	PUNCT
cblr-8481	577	33	i.e.	i.e.	X
cblr-8481	577	34	aiding	aid	VERB
cblr-8481	577	35	and	and	CCONJ
cblr-8481	577	36	abetting	abet	VERB
cblr-8481	577	37	)	)	PUNCT
cblr-8481	577	38	liability,”126	liability,”126	VERB
cblr-8481	577	39	its	its	PRON
cblr-8481	577	40	effective	effective	ADJ
cblr-8481	577	41	scope	scope	NOUN
cblr-8481	577	42	will	will	AUX
cblr-8481	577	43	likely	likely	ADV
cblr-8481	577	44	be	be	AUX
cblr-8481	577	45	narrowed	narrow	VERB
cblr-8481	577	46	by	by	ADP
cblr-8481	577	47	the	the	DET
cblr-8481	577	48	requirements	requirement	NOUN
cblr-8481	577	49	that	that	PRON
cblr-8481	577	50	remain	remain	VERB
cblr-8481	577	51	in	in	ADP
cblr-8481	577	52	place	place	NOUN
cblr-8481	577	53	for	for	ADP
cblr-8481	577	54	a	a	DET
cblr-8481	577	55	successful	successful	ADJ
cblr-8481	577	56	10b-5	10b-5	NUM
cblr-8481	577	57	claim	claim	NOUN
cblr-8481	577	58	.	.	PUNCT
cblr-8481	578	1	iv	iv	X
cblr-8481	578	2	.	.	PUNCT
cblr-8481	578	3	defining	define	VERB
cblr-8481	578	4	the	the	DET
cblr-8481	578	5	“	"	PUNCT
cblr-8481	578	6	modified	modified	ADJ
cblr-8481	578	7	creator	creator	NOUN
cblr-8481	578	8	standard	standard	NOUN
cblr-8481	578	9	”	"	PUNCT
cblr-8481	578	10	having	having	AUX
cblr-8481	578	11	examined	examine	VERB
cblr-8481	578	12	the	the	DET
cblr-8481	578	13	lorenzo	lorenzo	NOUN
cblr-8481	578	14	decision	decision	NOUN
cblr-8481	578	15	and	and	CCONJ
cblr-8481	578	16	the	the	DET
cblr-8481	578	17	legal	legal	ADJ
cblr-8481	578	18	community	community	NOUN
cblr-8481	578	19	’s	’s	PART
cblr-8481	578	20	initial	initial	ADJ
cblr-8481	578	21	reaction	reaction	NOUN
cblr-8481	578	22	to	to	ADP
cblr-8481	578	23	it	it	PRON
cblr-8481	578	24	,	,	PUNCT
cblr-8481	578	25	i	i	PRON
cblr-8481	578	26	move	move	VERB
cblr-8481	578	27	onto	onto	ADP
cblr-8481	578	28	the	the	DET
cblr-8481	578	29	heart	heart	NOUN
cblr-8481	578	30	of	of	ADP
cblr-8481	578	31	my	my	PRON
cblr-8481	578	32	argument	argument	NOUN
cblr-8481	578	33	:	:	PUNCT
cblr-8481	578	34	lorenzo	lorenzo	PROPN
cblr-8481	578	35	should	should	AUX
cblr-8481	578	36	be	be	AUX
cblr-8481	578	37	read	read	VERB
cblr-8481	578	38	expansively	expansively	ADV
cblr-8481	578	39	to	to	PART
cblr-8481	578	40	encompass	encompass	VERB
cblr-8481	578	41	conduct	conduct	NOUN
cblr-8481	578	42	beyond	beyond	ADP
cblr-8481	578	43	dissemination	dissemination	NOUN
cblr-8481	578	44	of	of	ADP
cblr-8481	578	45	false	false	ADJ
cblr-8481	578	46	information	information	NOUN
cblr-8481	578	47	.	.	PUNCT
cblr-8481	579	1	in	in	ADP
cblr-8481	579	2	particular	particular	ADJ
cblr-8481	579	3	,	,	PUNCT
cblr-8481	579	4	it	it	PRON
cblr-8481	579	5	should	should	AUX
cblr-8481	579	6	be	be	AUX
cblr-8481	579	7	read	read	VERB
cblr-8481	579	8	to	to	PART
cblr-8481	579	9	reach	reach	VERB
cblr-8481	579	10	those	those	PRON
cblr-8481	579	11	who	who	PRON
cblr-8481	579	12	participate	participate	VERB
cblr-8481	579	13	in	in	ADP
cblr-8481	579	14	the	the	DET
cblr-8481	579	15	creation	creation	NOUN
cblr-8481	579	16	of	of	ADP
cblr-8481	579	17	false	false	ADJ
cblr-8481	579	18	statements	statement	NOUN
cblr-8481	579	19	so	so	SCONJ
cblr-8481	579	20	that	that	SCONJ
cblr-8481	579	21	culpable	culpable	ADJ
cblr-8481	579	22	secondary	secondary	ADJ
cblr-8481	579	23	actors	actor	NOUN
cblr-8481	579	24	can	can	AUX
cblr-8481	579	25	be	be	AUX
cblr-8481	579	26	held	hold	VERB
cblr-8481	579	27	primarily	primarily	ADV
cblr-8481	579	28	liable	liable	ADJ
cblr-8481	579	29	for	for	ADP
cblr-8481	579	30	violations	violation	NOUN
cblr-8481	579	31	of	of	ADP
cblr-8481	579	32	10b-5	10b-5	NUM
cblr-8481	579	33	(	(	PUNCT
cblr-8481	579	34	a	a	NOUN
cblr-8481	579	35	)	)	PUNCT
cblr-8481	579	36	and	and	CCONJ
cblr-8481	579	37	(	(	PUNCT
cblr-8481	579	38	c	c	X
cblr-8481	579	39	)	)	PUNCT
cblr-8481	579	40	if	if	SCONJ
cblr-8481	579	41	they	they	PRON
cblr-8481	579	42	employ	employ	VERB
cblr-8481	579	43	a	a	DET
cblr-8481	579	44	“	"	PUNCT
cblr-8481	579	45	device	device	NOUN
cblr-8481	579	46	,	,	PUNCT
cblr-8481	579	47	scheme	scheme	NOUN
cblr-8481	579	48	,	,	PUNCT
cblr-8481	579	49	or	or	CCONJ
cblr-8481	579	50	artifice	artifice	VERB
cblr-8481	579	51	to	to	PART
cblr-8481	579	52	defraud	defraud	VERB
cblr-8481	579	53	”	"	PUNCT
cblr-8481	579	54	or	or	CCONJ
cblr-8481	579	55	an	an	DET
cblr-8481	579	56	“	"	PUNCT
cblr-8481	579	57	act	act	NOUN
cblr-8481	579	58	,	,	PUNCT
cblr-8481	579	59	practice	practice	NOUN
cblr-8481	579	60	,	,	PUNCT
cblr-8481	579	61	or	or	CCONJ
cblr-8481	579	62	course	course	NOUN
cblr-8481	579	63	of	of	ADP
cblr-8481	579	64	business	business	NOUN
cblr-8481	579	65	which	which	PRON
cblr-8481	579	66	operates	operate	VERB
cblr-8481	579	67	or	or	CCONJ
cblr-8481	579	68	would	would	AUX
cblr-8481	579	69	operate	operate	VERB
cblr-8481	579	70	as	as	ADP
cblr-8481	579	71	a	a	DET
cblr-8481	579	72	fraud	fraud	NOUN
cblr-8481	579	73	or	or	CCONJ
cblr-8481	579	74	deceit	deceit	NOUN
cblr-8481	579	75	upon	upon	SCONJ
cblr-8481	579	76	any	any	DET
cblr-8481	579	77	person	person	NOUN
cblr-8481	579	78	.	.	PUNCT
cblr-8481	579	79	”127	”127	PUNCT
cblr-8481	579	80	at	at	ADP
cblr-8481	579	81	the	the	DET
cblr-8481	579	82	same	same	ADJ
cblr-8481	579	83	time	time	NOUN
cblr-8481	579	84	,	,	PUNCT
cblr-8481	579	85	drawing	draw	VERB
cblr-8481	579	86	the	the	DET
cblr-8481	579	87	line	line	NOUN
cblr-8481	579	88	determining	determine	VERB
cblr-8481	579	89	when	when	SCONJ
cblr-8481	579	90	participation	participation	NOUN
cblr-8481	579	91	is	be	AUX
cblr-8481	579	92	significant	significant	ADJ
cblr-8481	579	93	enough	enough	ADV
cblr-8481	579	94	to	to	PART
cblr-8481	579	95	warrant	warrant	VERB
cblr-8481	579	96	primary	primary	ADJ
cblr-8481	579	97	liability	liability	NOUN
cblr-8481	579	98	is	be	AUX
cblr-8481	579	99	difficult	difficult	ADJ
cblr-8481	579	100	if	if	SCONJ
cblr-8481	579	101	the	the	DET
cblr-8481	579	102	distinction	distinction	NOUN
cblr-8481	579	103	between	between	ADP
cblr-8481	579	104	primary	primary	ADJ
cblr-8481	579	105	and	and	CCONJ
cblr-8481	579	106	“	"	PUNCT
cblr-8481	579	107	aiding	aid	VERB
cblr-8481	579	108	and	and	CCONJ
cblr-8481	579	109	abetting	abet	VERB
cblr-8481	579	110	”	"	PUNCT
cblr-8481	579	111	liability	liability	NOUN
cblr-8481	579	112	set	set	VERB
cblr-8481	579	113	out	out	ADP
cblr-8481	579	114	in	in	ADP
cblr-8481	579	115	central	central	ADJ
cblr-8481	579	116	bank	bank	NOUN
cblr-8481	579	117	is	be	AUX
cblr-8481	579	118	to	to	PART
cblr-8481	579	119	be	be	AUX
cblr-8481	579	120	maintained.128	maintained.128	ADJ
cblr-8481	579	121	for	for	ADP
cblr-8481	579	122	that	that	DET
cblr-8481	579	123	reason	reason	NOUN
cblr-8481	579	124	,	,	PUNCT
cblr-8481	579	125	the	the	DET
cblr-8481	579	126	proposed	propose	VERB
cblr-8481	579	127	“	"	PUNCT
cblr-8481	579	128	modified	modified	ADJ
cblr-8481	579	129	creator	creator	NOUN
cblr-8481	579	130	standard	standard	NOUN
cblr-8481	579	131	”	"	PUNCT
cblr-8481	579	132	would	would	AUX
cblr-8481	579	133	ensure	ensure	VERB
cblr-8481	579	134	that	that	SCONJ
cblr-8481	579	135	primarily	primarily	ADV
cblr-8481	579	136	liable	liable	ADJ
cblr-8481	579	137	actors	actor	NOUN
cblr-8481	579	138	must	must	AUX
cblr-8481	579	139	effectively	effectively	ADV
cblr-8481	579	140	be	be	AUX
cblr-8481	579	141	an	an	DET
cblr-8481	579	142	author	author	NOUN
cblr-8481	579	143	of	of	ADP
cblr-8481	579	144	the	the	DET
cblr-8481	579	145	misstatement	misstatement	NOUN
cblr-8481	579	146	or	or	CCONJ
cblr-8481	579	147	directly	directly	ADV
cblr-8481	579	148	responsible	responsible	ADJ
cblr-8481	579	149	for	for	ADP
cblr-8481	579	150	an	an	DET
cblr-8481	579	151	omission	omission	NOUN
cblr-8481	579	152	.	.	PUNCT
cblr-8481	580	1	admittedly	admittedly	ADV
cblr-8481	580	2	,	,	PUNCT
cblr-8481	580	3	this	this	PRON
cblr-8481	580	4	is	be	AUX
cblr-8481	580	5	a	a	DET
cblr-8481	580	6	workaround	workaround	NOUN
cblr-8481	580	7	for	for	ADP
cblr-8481	580	8	janus	janus	PROPN
cblr-8481	580	9	,	,	PUNCT
cblr-8481	580	10	as	as	SCONJ
cblr-8481	580	11	it	it	PRON
cblr-8481	580	12	would	would	AUX
cblr-8481	580	13	mean	mean	VERB
cblr-8481	580	14	that	that	SCONJ
cblr-8481	580	15	one	one	PRON
cblr-8481	580	16	could	could	AUX
cblr-8481	580	17	be	be	AUX
cblr-8481	580	18	liable	liable	ADJ
cblr-8481	580	19	under	under	ADP
cblr-8481	580	20	the	the	DET
cblr-8481	580	21	scheme	scheme	NOUN
cblr-8481	580	22	liability	liability	NOUN
cblr-8481	580	23	provisions	provision	NOUN
cblr-8481	580	24	for	for	ADP
cblr-8481	580	25	drafting	draft	VERB
cblr-8481	580	26	a	a	DET
cblr-8481	580	27	false	false	ADJ
cblr-8481	580	28	statement	statement	NOUN
cblr-8481	580	29	despite	despite	SCONJ
cblr-8481	580	30	not	not	PART
cblr-8481	580	31	being	be	AUX
cblr-8481	580	32	the	the	DET
cblr-8481	580	33	person	person	NOUN
cblr-8481	580	34	or	or	CCONJ
cblr-8481	580	35	entity	entity	NOUN
cblr-8481	580	36	to	to	PART
cblr-8481	580	37	whom	whom	PRON
cblr-8481	580	38	the	the	DET
cblr-8481	580	39	false	false	ADJ
cblr-8481	580	40	statements	statement	NOUN
cblr-8481	580	41	are	be	AUX
cblr-8481	580	42	attributed	attribute	VERB
cblr-8481	580	43	.	.	PUNCT
cblr-8481	581	1	however	however	ADV
cblr-8481	581	2	,	,	PUNCT
cblr-8481	581	3	justification	justification	NOUN
cblr-8481	581	4	can	can	AUX
cblr-8481	581	5	be	be	AUX
cblr-8481	581	6	found	find	VERB
cblr-8481	581	7	in	in	ADP
cblr-8481	581	8	justice	justice	NOUN
cblr-8481	581	9	breyer	breyer	NOUN
cblr-8481	581	10	’s	’s	PART
cblr-8481	581	11	lorenzo	lorenzo	PROPN
cblr-8481	581	12	opinion	opinion	NOUN
cblr-8481	581	13	,	,	PUNCT
cblr-8481	581	14	which	which	PRON
cblr-8481	581	15	describes	describe	VERB
cblr-8481	581	16	the	the	DET
cblr-8481	581	17	scheme	scheme	NOUN
cblr-8481	581	18	liability	liability	NOUN
cblr-8481	581	19	and	and	CCONJ
cblr-8481	581	20	misstatement	misstatement	NOUN
cblr-8481	581	21	liability	liability	NOUN
cblr-8481	581	22	provisions	provision	NOUN
cblr-8481	581	23	as	as	ADP
cblr-8481	581	24	overlapping	overlap	VERB
cblr-8481	581	25	,	,	PUNCT
cblr-8481	581	26	not	not	PART
cblr-8481	581	27	regulating	regulate	VERB
cblr-8481	581	28	mutually	mutually	ADV
cblr-8481	581	29	exclusive	exclusive	ADJ
cblr-8481	581	30	spheres	sphere	NOUN
cblr-8481	581	31	of	of	ADP
cblr-8481	581	32	i	i	PROPN
cblr-8481	581	33	d.	d.	PROPN
cblr-8481	581	34	;	;	PUNCT
cblr-8481	581	35	see	see	VERB
cblr-8481	581	36	also	also	ADV
cblr-8481	581	37	stoneridge	stoneridge	PROPN
cblr-8481	581	38	inv	inv	PROPN
cblr-8481	581	39	.	.	PUNCT
cblr-8481	582	1	partners	partner	NOUN
cblr-8481	582	2	v.	v.	ADP
cblr-8481	582	3	scientific	scientific	ADJ
cblr-8481	582	4	-	-	PUNCT
cblr-8481	582	5	atlanta	atlanta	NOUN
cblr-8481	582	6	,	,	PUNCT
cblr-8481	582	7	552	552	NUM
cblr-8481	582	8	u.s	u.s	PROPN
cblr-8481	582	9	.	.	PROPN
cblr-8481	582	10	148	148	NUM
cblr-8481	582	11	,	,	PUNCT
cblr-8481	582	12	159	159	NUM
cblr-8481	582	13	(	(	PUNCT
cblr-8481	582	14	2008	2008	NUM
cblr-8481	582	15	)	)	PUNCT
cblr-8481	582	16	.	.	PUNCT
cblr-8481	583	1	126	126	NUM
cblr-8481	583	2	crisp	crisp	ADJ
cblr-8481	583	3	et	et	PROPN
cblr-8481	583	4	al	al	PROPN
cblr-8481	583	5	.	.	PROPN
cblr-8481	583	6	,	,	PUNCT
cblr-8481	583	7	supra	supra	PROPN
cblr-8481	583	8	note	note	VERB
cblr-8481	583	9	119	119	NUM
cblr-8481	583	10	.	.	PUNCT
cblr-8481	584	1	127	127	NUM
cblr-8481	584	2	17	17	NUM
cblr-8481	584	3	c.f.r	c.f.r	NOUN
cblr-8481	584	4	.	.	PUNCT
cblr-8481	585	1	§	§	PROPN
cblr-8481	585	2	§	§	NOUN
cblr-8481	585	3	240.10b-5(a	240.10b-5(a	NUM
cblr-8481	585	4	)	)	PUNCT
cblr-8481	585	5	,	,	PUNCT
cblr-8481	585	6	(	(	PUNCT
cblr-8481	585	7	c	c	X
cblr-8481	585	8	)	)	PUNCT
cblr-8481	585	9	(	(	PUNCT
cblr-8481	585	10	2020	2020	NUM
cblr-8481	585	11	)	)	PUNCT
cblr-8481	585	12	.	.	PUNCT
cblr-8481	586	1	128	128	NUM
cblr-8481	586	2	see	see	VERB
cblr-8481	586	3	supra	supra	PROPN
cblr-8481	586	4	notes	note	VERB
cblr-8481	586	5	28–30	28–30	PROPN
cblr-8481	586	6	and	and	CCONJ
cblr-8481	586	7	accompanying	accompanying	ADJ
cblr-8481	586	8	text	text	NOUN
cblr-8481	586	9	.	.	PUNCT
cblr-8481	587	1	note	note	VERB
cblr-8481	587	2	lieberman	lieberman	PROPN
cblr-8481	587	3	6/13/2021	6/13/2021	NUM
cblr-8481	587	4	8:45	8:45	NUM
cblr-8481	587	5	pm	pm	NOUN
cblr-8481	587	6	382	382	NUM
cblr-8481	587	7	columbia	columbia	PROPN
cblr-8481	587	8	business	business	NOUN
cblr-8481	587	9	law	law	PROPN
cblr-8481	587	10	review	review	NOUN
cblr-8481	588	1	[	[	X
cblr-8481	588	2	vol	vol	NOUN
cblr-8481	588	3	.	.	PUNCT
cblr-8481	588	4	2021	2021	NUM
cblr-8481	588	5	conduct.129	conduct.129	VERB
cblr-8481	588	6	the	the	DET
cblr-8481	588	7	standard	standard	NOUN
cblr-8481	588	8	also	also	ADV
cblr-8481	588	9	would	would	AUX
cblr-8481	588	10	better	well	ADV
cblr-8481	588	11	effectuate	effectuate	VERB
cblr-8481	588	12	the	the	DET
cblr-8481	588	13	deterrence	deterrence	NOUN
cblr-8481	588	14	rationale	rationale	NOUN
cblr-8481	588	15	at	at	ADP
cblr-8481	588	16	the	the	DET
cblr-8481	588	17	heart	heart	NOUN
cblr-8481	588	18	of	of	ADP
cblr-8481	588	19	rule	rule	NOUN
cblr-8481	588	20	10b-5	10b-5	NUM
cblr-8481	588	21	.	.	PUNCT
cblr-8481	589	1	while	while	SCONJ
cblr-8481	589	2	the	the	DET
cblr-8481	589	3	legal	legal	ADJ
cblr-8481	589	4	community	community	NOUN
cblr-8481	589	5	may	may	AUX
cblr-8481	589	6	be	be	AUX
cblr-8481	589	7	correct	correct	ADJ
cblr-8481	589	8	that	that	SCONJ
cblr-8481	589	9	lorenzo	lorenzo	PROPN
cblr-8481	589	10	will	will	AUX
cblr-8481	589	11	be	be	AUX
cblr-8481	589	12	read	read	VERB
cblr-8481	589	13	by	by	ADP
cblr-8481	589	14	the	the	DET
cblr-8481	589	15	courts	court	NOUN
cblr-8481	589	16	as	as	ADP
cblr-8481	589	17	being	be	AUX
cblr-8481	589	18	limited	limit	VERB
cblr-8481	589	19	to	to	ADP
cblr-8481	589	20	dissemination	dissemination	NOUN
cblr-8481	589	21	liability,130	liability,130	NOUN
cblr-8481	589	22	it	it	PRON
cblr-8481	589	23	should	should	AUX
cblr-8481	589	24	encompass	encompass	VERB
cblr-8481	589	25	the	the	DET
cblr-8481	589	26	creation	creation	NOUN
cblr-8481	589	27	of	of	ADP
cblr-8481	589	28	misstatements	misstatement	NOUN
cblr-8481	589	29	as	as	ADV
cblr-8481	589	30	well	well	ADV
cblr-8481	589	31	.	.	PUNCT
cblr-8481	590	1	this	this	PRON
cblr-8481	590	2	would	would	AUX
cblr-8481	590	3	correct	correct	VERB
cblr-8481	590	4	janus	janus	PROPN
cblr-8481	590	5	’s	’s	PART
cblr-8481	590	6	flaws	flaw	NOUN
cblr-8481	590	7	while	while	SCONJ
cblr-8481	590	8	ensuring	ensure	VERB
cblr-8481	590	9	that	that	SCONJ
cblr-8481	590	10	the	the	DET
cblr-8481	590	11	restrictions	restriction	NOUN
cblr-8481	590	12	set	set	VERB
cblr-8481	590	13	forth	forth	ADP
cblr-8481	590	14	by	by	ADP
cblr-8481	590	15	central	central	ADJ
cblr-8481	590	16	bank,131	bank,131	PROPN
cblr-8481	590	17	the	the	DET
cblr-8481	590	18	pslra,132	pslra,132	PROPN
cblr-8481	590	19	and	and	CCONJ
cblr-8481	590	20	stoneridge,133	stoneridge,133	NOUN
cblr-8481	590	21	remain	remain	VERB
cblr-8481	590	22	in	in	ADP
cblr-8481	590	23	place	place	NOUN
cblr-8481	590	24	.	.	PUNCT
cblr-8481	591	1	a.	a.	NOUN
cblr-8481	591	2	why	why	SCONJ
cblr-8481	591	3	choose	choose	VERB
cblr-8481	591	4	the	the	DET
cblr-8481	591	5	“	"	PUNCT
cblr-8481	591	6	creator	creator	NOUN
cblr-8481	591	7	standard	standard	NOUN
cblr-8481	591	8	”	"	PUNCT
cblr-8481	591	9	as	as	ADP
cblr-8481	591	10	the	the	DET
cblr-8481	591	11	framework	framework	NOUN
cblr-8481	591	12	?	?	PUNCT
cblr-8481	592	1	the	the	DET
cblr-8481	592	2	test	test	NOUN
cblr-8481	592	3	set	set	VERB
cblr-8481	592	4	out	out	ADP
cblr-8481	592	5	here	here	ADV
cblr-8481	592	6	,	,	PUNCT
cblr-8481	592	7	referred	refer	VERB
cblr-8481	592	8	to	to	ADP
cblr-8481	592	9	as	as	ADP
cblr-8481	592	10	the	the	DET
cblr-8481	592	11	“	"	PUNCT
cblr-8481	592	12	modified	modified	ADJ
cblr-8481	592	13	creator	creator	NOUN
cblr-8481	592	14	standard	standard	NOUN
cblr-8481	592	15	,	,	PUNCT
cblr-8481	592	16	”	"	PUNCT
cblr-8481	592	17	has	have	VERB
cblr-8481	592	18	its	its	PRON
cblr-8481	592	19	origins	origin	NOUN
cblr-8481	592	20	in	in	ADP
cblr-8481	592	21	the	the	DET
cblr-8481	592	22	period	period	NOUN
cblr-8481	592	23	after	after	ADP
cblr-8481	592	24	central	central	ADJ
cblr-8481	592	25	bank	bank	NOUN
cblr-8481	592	26	,	,	PUNCT
cblr-8481	592	27	when	when	SCONJ
cblr-8481	592	28	the	the	DET
cblr-8481	592	29	courts	court	NOUN
cblr-8481	592	30	were	be	AUX
cblr-8481	592	31	attempting	attempt	VERB
cblr-8481	592	32	to	to	PART
cblr-8481	592	33	define	define	VERB
cblr-8481	592	34	the	the	DET
cblr-8481	592	35	scope	scope	NOUN
cblr-8481	592	36	of	of	ADP
cblr-8481	592	37	primary	primary	ADJ
cblr-8481	592	38	and	and	CCONJ
cblr-8481	592	39	secondary	secondary	ADJ
cblr-8481	592	40	liability	liability	NOUN
cblr-8481	592	41	and	and	CCONJ
cblr-8481	592	42	to	to	PART
cblr-8481	592	43	decide	decide	VERB
cblr-8481	592	44	when	when	SCONJ
cblr-8481	592	45	secondary	secondary	ADJ
cblr-8481	592	46	actors	actor	NOUN
cblr-8481	592	47	could	could	AUX
cblr-8481	592	48	be	be	AUX
cblr-8481	592	49	held	hold	VERB
cblr-8481	592	50	liable	liable	ADJ
cblr-8481	592	51	for	for	ADP
cblr-8481	592	52	primary	primary	ADJ
cblr-8481	592	53	violations	violation	NOUN
cblr-8481	592	54	of	of	ADP
cblr-8481	592	55	rule	rule	NOUN
cblr-8481	592	56	10b5(b	10b5(b	NUM
cblr-8481	592	57	)	)	PUNCT
cblr-8481	592	58	.	.	PUNCT
cblr-8481	593	1	the	the	DET
cblr-8481	593	2	federal	federal	ADJ
cblr-8481	593	3	courts	court	NOUN
cblr-8481	593	4	set	set	VERB
cblr-8481	593	5	out	out	ADP
cblr-8481	593	6	three	three	NUM
cblr-8481	593	7	different	different	ADJ
cblr-8481	593	8	tests	test	NOUN
cblr-8481	593	9	to	to	PART
cblr-8481	593	10	resolve	resolve	VERB
cblr-8481	593	11	these	these	DET
cblr-8481	593	12	issues	issue	NOUN
cblr-8481	593	13	:	:	PUNCT
cblr-8481	593	14	the	the	DET
cblr-8481	593	15	bright	bright	ADJ
cblr-8481	593	16	-	-	PUNCT
cblr-8481	593	17	line	line	NOUN
cblr-8481	593	18	standard	standard	NOUN
cblr-8481	593	19	,	,	PUNCT
cblr-8481	593	20	the	the	DET
cblr-8481	593	21	substantial	substantial	ADJ
cblr-8481	593	22	participation	participation	NOUN
cblr-8481	593	23	test	test	NOUN
cblr-8481	593	24	,	,	PUNCT
cblr-8481	593	25	and	and	CCONJ
cblr-8481	593	26	the	the	DET
cblr-8481	593	27	creator	creator	NOUN
cblr-8481	593	28	standard	standard	NOUN
cblr-8481	593	29	.	.	PUNCT
cblr-8481	594	1	the	the	DET
cblr-8481	594	2	bright	bright	ADJ
cblr-8481	594	3	-	-	PUNCT
cblr-8481	594	4	line	line	NOUN
cblr-8481	594	5	standard	standard	NOUN
cblr-8481	594	6	held	hold	VERB
cblr-8481	594	7	that	that	SCONJ
cblr-8481	594	8	“	"	PUNCT
cblr-8481	594	9	a	a	DET
cblr-8481	594	10	secondary	secondary	ADJ
cblr-8481	594	11	actor	actor	NOUN
cblr-8481	594	12	can	can	AUX
cblr-8481	594	13	be	be	AUX
cblr-8481	594	14	liable	liable	ADJ
cblr-8481	594	15	under	under	ADP
cblr-8481	594	16	section	section	NOUN
cblr-8481	594	17	10(b	10(b	NUM
cblr-8481	594	18	)	)	PUNCT
cblr-8481	594	19	only	only	ADV
cblr-8481	594	20	if	if	SCONJ
cblr-8481	594	21	that	that	DET
cblr-8481	594	22	actor	actor	NOUN
cblr-8481	594	23	actually	actually	ADV
cblr-8481	594	24	‘	'	PUNCT
cblr-8481	594	25	made	make	VERB
cblr-8481	594	26	’	'	PUNCT
cblr-8481	594	27	a	a	DET
cblr-8481	594	28	misrepresentation	misrepresentation	NOUN
cblr-8481	594	29	on	on	ADP
cblr-8481	594	30	which	which	PRON
cblr-8481	594	31	the	the	DET
cblr-8481	594	32	plaintiff	plaintiff	NOUN
cblr-8481	594	33	relied	rely	VERB
cblr-8481	594	34	,	,	PUNCT
cblr-8481	594	35	”	"	PUNCT
cblr-8481	594	36	which	which	PRON
cblr-8481	594	37	requires	require	VERB
cblr-8481	594	38	the	the	DET
cblr-8481	594	39	defendant	defendant	NOUN
cblr-8481	594	40	to	to	PART
cblr-8481	594	41	“	"	PUNCT
cblr-8481	594	42	(	(	PUNCT
cblr-8481	594	43	1	1	X
cblr-8481	594	44	)	)	PUNCT
cblr-8481	594	45	be	be	AUX
cblr-8481	594	46	named	name	VERB
cblr-8481	594	47	in	in	ADP
cblr-8481	594	48	the	the	DET
cblr-8481	594	49	document	document	NOUN
cblr-8481	594	50	containing	contain	VERB
cblr-8481	594	51	the	the	DET
cblr-8481	594	52	misrepresentation	misrepresentation	NOUN
cblr-8481	594	53	;	;	PUNCT
cblr-8481	594	54	(	(	PUNCT
cblr-8481	594	55	2	2	X
cblr-8481	594	56	)	)	PUNCT
cblr-8481	594	57	have	have	AUX
cblr-8481	594	58	signed	sign	VERB
cblr-8481	594	59	such	such	ADJ
cblr-8481	594	60	document	document	NOUN
cblr-8481	594	61	;	;	PUNCT
cblr-8481	594	62	or	or	CCONJ
cblr-8481	594	63	(	(	PUNCT
cblr-8481	594	64	3	3	X
cblr-8481	594	65	)	)	PUNCT
cblr-8481	594	66	be	be	AUX
cblr-8481	594	67	identified	identify	VERB
cblr-8481	594	68	to	to	ADP
cblr-8481	594	69	investors	investor	NOUN
cblr-8481	594	70	at	at	ADP
cblr-8481	594	71	the	the	DET
cblr-8481	594	72	time	time	NOUN
cblr-8481	594	73	of	of	ADP
cblr-8481	594	74	the	the	DET
cblr-8481	594	75	misrepresentation	misrepresentation	NOUN
cblr-8481	594	76	's	's	PART
cblr-8481	594	77	dissemination	dissemination	NOUN
cblr-8481	594	78	to	to	ADP
cblr-8481	594	79	the	the	DET
cblr-8481	594	80	public	public	NOUN
cblr-8481	594	81	.	.	PUNCT
cblr-8481	594	82	”134	”134	PUNCT
cblr-8481	595	1	janus	janus	PROPN
cblr-8481	595	2	is	be	AUX
cblr-8481	595	3	a	a	DET
cblr-8481	595	4	permutation	permutation	NOUN
cblr-8481	595	5	of	of	ADP
cblr-8481	595	6	the	the	DET
cblr-8481	595	7	bright	bright	ADJ
cblr-8481	595	8	-	-	PUNCT
cblr-8481	595	9	line	line	NOUN
cblr-8481	595	10	rule	rule	NOUN
cblr-8481	595	11	that	that	PRON
cblr-8481	595	12	narrowly	narrowly	ADV
cblr-8481	595	13	defines	define	VERB
cblr-8481	595	14	who	who	PRON
cblr-8481	595	15	is	be	AUX
cblr-8481	595	16	the	the	DET
cblr-8481	595	17	“	"	PUNCT
cblr-8481	595	18	maker	maker	NOUN
cblr-8481	595	19	”	"	PUNCT
cblr-8481	595	20	because	because	SCONJ
cblr-8481	595	21	the	the	DET
cblr-8481	595	22	decision	decision	NOUN
cblr-8481	595	23	bases	base	VERB
cblr-8481	595	24	primary	primary	ADJ
cblr-8481	595	25	liability	liability	NOUN
cblr-8481	595	26	solely	solely	ADV
cblr-8481	595	27	on	on	ADP
cblr-8481	595	28	control	control	NOUN
cblr-8481	595	29	over	over	ADP
cblr-8481	595	30	and	and	CCONJ
cblr-8481	595	31	attribution	attribution	NOUN
cblr-8481	595	32	of	of	ADP
cblr-8481	595	33	the	the	DET
cblr-8481	595	34	misstatement.135	misstatement.135	PROPN
cblr-8481	595	35	129	129	NUM
cblr-8481	595	36	see	see	VERB
cblr-8481	595	37	lorenzo	lorenzo	PROPN
cblr-8481	595	38	,	,	PUNCT
cblr-8481	595	39	139	139	NUM
cblr-8481	595	40	s.	s.	PROPN
cblr-8481	595	41	ct	ct	PROPN
cblr-8481	595	42	.	.	PUNCT
cblr-8481	596	1	at	at	ADP
cblr-8481	596	2	1102–03	1102–03	NUM
cblr-8481	596	3	.	.	PUNCT
cblr-8481	597	1	130	130	NUM
cblr-8481	597	2	see	see	VERB
cblr-8481	597	3	supra	supra	PROPN
cblr-8481	597	4	notes	note	VERB
cblr-8481	597	5	119–22	119–22	PROPN
cblr-8481	597	6	and	and	CCONJ
cblr-8481	597	7	accompanying	accompany	VERB
cblr-8481	597	8	text	text	NOUN
cblr-8481	597	9	.	.	PUNCT
cblr-8481	598	1	131	131	NUM
cblr-8481	598	2	see	see	VERB
cblr-8481	598	3	supra	supra	PROPN
cblr-8481	598	4	notes	note	VERB
cblr-8481	598	5	28–30	28–30	PROPN
cblr-8481	598	6	and	and	CCONJ
cblr-8481	598	7	accompanying	accompany	VERB
cblr-8481	598	8	text	text	NOUN
cblr-8481	598	9	.	.	PUNCT
cblr-8481	599	1	132	132	NUM
cblr-8481	599	2	see	see	VERB
cblr-8481	599	3	supra	supra	PROPN
cblr-8481	599	4	notes	note	VERB
cblr-8481	599	5	31–34	31–34	NUM
cblr-8481	599	6	and	and	CCONJ
cblr-8481	599	7	accompanying	accompany	VERB
cblr-8481	599	8	text	text	NOUN
cblr-8481	599	9	.	.	PUNCT
cblr-8481	600	1	133	133	NUM
cblr-8481	600	2	see	see	VERB
cblr-8481	600	3	supra	supra	PROPN
cblr-8481	600	4	notes	note	VERB
cblr-8481	600	5	35–38	35–38	PROPN
cblr-8481	600	6	and	and	CCONJ
cblr-8481	600	7	accompanying	accompany	VERB
cblr-8481	600	8	text	text	NOUN
cblr-8481	600	9	.	.	PUNCT
cblr-8481	601	1	134	134	NUM
cblr-8481	601	2	elizabeth	elizabeth	PROPN
cblr-8481	601	3	cosenza	cosenza	PROPN
cblr-8481	601	4	,	,	PUNCT
cblr-8481	601	5	is	be	AUX
cblr-8481	601	6	the	the	DET
cblr-8481	601	7	third	third	ADJ
cblr-8481	601	8	time	time	NOUN
cblr-8481	601	9	the	the	DET
cblr-8481	601	10	charm	charm	NOUN
cblr-8481	601	11	?	?	PUNCT
cblr-8481	602	1	janus	janus	PROPN
cblr-8481	602	2	and	and	CCONJ
cblr-8481	602	3	the	the	DET
cblr-8481	602	4	proper	proper	ADJ
cblr-8481	602	5	balance	balance	NOUN
cblr-8481	602	6	between	between	ADP
cblr-8481	602	7	primary	primary	ADJ
cblr-8481	602	8	and	and	CCONJ
cblr-8481	602	9	secondary	secondary	ADJ
cblr-8481	602	10	actor	actor	NOUN
cblr-8481	602	11	liability	liability	NOUN
cblr-8481	602	12	under	under	ADP
cblr-8481	602	13	section	section	NOUN
cblr-8481	602	14	10(b	10(b	NUM
cblr-8481	602	15	)	)	PUNCT
cblr-8481	602	16	,	,	PUNCT
cblr-8481	602	17	33	33	NUM
cblr-8481	602	18	cardozo	cardozo	PROPN
cblr-8481	602	19	l.	l.	PROPN
cblr-8481	602	20	rev	rev	PROPN
cblr-8481	602	21	.	.	PROPN
cblr-8481	602	22	1019	1019	NUM
cblr-8481	602	23	,	,	PUNCT
cblr-8481	602	24	1037	1037	NUM
cblr-8481	602	25	(	(	PUNCT
cblr-8481	602	26	2012	2012	NUM
cblr-8481	602	27	)	)	PUNCT
cblr-8481	602	28	.	.	PUNCT
cblr-8481	603	1	135	135	NUM
cblr-8481	603	2	see	see	VERB
cblr-8481	603	3	supra	supra	PROPN
cblr-8481	603	4	notes	note	VERB
cblr-8481	603	5	46–49	46–49	NUM
cblr-8481	603	6	and	and	CCONJ
cblr-8481	603	7	accompanying	accompany	VERB
cblr-8481	603	8	text	text	NOUN
cblr-8481	603	9	.	.	PUNCT
cblr-8481	604	1	note	note	NOUN
cblr-8481	604	2	–	–	PUNCT
cblr-8481	604	3	lieberman	lieberman	PROPN
cblr-8481	605	1	6/13/2021	6/13/2021	NUM
cblr-8481	605	2	8:45	8:45	NUM
cblr-8481	605	3	pm	pm	NOUN
cblr-8481	605	4	no	no	INTJ
cblr-8481	605	5	.	.	PUNCT
cblr-8481	606	1	1:352	1:352	NUM
cblr-8481	606	2	]	]	X
cblr-8481	606	3	lorenzo	lorenzo	PROPN
cblr-8481	606	4	v.	v.	ADP
cblr-8481	606	5	sec	sec	PROPN
cblr-8481	606	6	and	and	CCONJ
cblr-8481	606	7	the	the	DET
cblr-8481	606	8	expansion	expansion	NOUN
cblr-8481	606	9	of	of	ADP
cblr-8481	606	10	scheme	scheme	NOUN
cblr-8481	606	11	liability	liability	NOUN
cblr-8481	606	12	383	383	NUM
cblr-8481	606	13	the	the	DET
cblr-8481	606	14	substantial	substantial	ADJ
cblr-8481	606	15	participation	participation	NOUN
cblr-8481	606	16	test	test	NOUN
cblr-8481	606	17	“	"	PUNCT
cblr-8481	606	18	sets	set	VERB
cblr-8481	606	19	forth	forth	ADP
cblr-8481	606	20	a	a	DET
cblr-8481	606	21	theory	theory	NOUN
cblr-8481	606	22	of	of	ADP
cblr-8481	606	23	liability	liability	NOUN
cblr-8481	606	24	based	base	VERB
cblr-8481	606	25	on	on	ADP
cblr-8481	606	26	the	the	DET
cblr-8481	606	27	secondary	secondary	ADJ
cblr-8481	606	28	actor	actor	NOUN
cblr-8481	606	29	’s	’s	PART
cblr-8481	606	30	knowing	know	VERB
cblr-8481	606	31	participation	participation	NOUN
cblr-8481	606	32	in	in	ADP
cblr-8481	606	33	the	the	DET
cblr-8481	606	34	preparation	preparation	NOUN
cblr-8481	606	35	of	of	ADP
cblr-8481	606	36	material	material	NOUN
cblr-8481	606	37	misrepresentations	misrepresentation	NOUN
cblr-8481	606	38	for	for	ADP
cblr-8481	606	39	inclusion	inclusion	NOUN
cblr-8481	606	40	in	in	ADP
cblr-8481	606	41	its	its	PRON
cblr-8481	606	42	client	client	NOUN
cblr-8481	606	43	’s	’s	PART
cblr-8481	606	44	public	public	ADJ
cblr-8481	606	45	disclosures	disclosure	NOUN
cblr-8481	606	46	regardless	regardless	ADV
cblr-8481	606	47	of	of	ADP
cblr-8481	606	48	whether	whether	SCONJ
cblr-8481	606	49	the	the	DET
cblr-8481	606	50	secondary	secondary	ADJ
cblr-8481	606	51	actor	actor	NOUN
cblr-8481	606	52	is	be	AUX
cblr-8481	606	53	identified	identify	VERB
cblr-8481	606	54	to	to	ADP
cblr-8481	606	55	the	the	DET
cblr-8481	606	56	investing	investing	NOUN
cblr-8481	606	57	public	public	NOUN
cblr-8481	606	58	.	.	PUNCT
cblr-8481	606	59	”136	”136	PUNCT
cblr-8481	607	1	“	"	PUNCT
cblr-8481	607	2	under	under	ADP
cblr-8481	607	3	the	the	DET
cblr-8481	607	4	‘	'	PUNCT
cblr-8481	607	5	creator	creator	NOUN
cblr-8481	607	6	’	'	PUNCT
cblr-8481	607	7	standard	standard	NOUN
cblr-8481	607	8	.	.	PUNCT
cblr-8481	607	9	.	.	PUNCT
cblr-8481	607	10	.	.	PUNCT
cblr-8481	608	1	a	a	DET
cblr-8481	608	2	secondary	secondary	ADJ
cblr-8481	608	3	actor	actor	NOUN
cblr-8481	608	4	is	be	AUX
cblr-8481	608	5	subject	subject	ADJ
cblr-8481	608	6	to	to	ADP
cblr-8481	608	7	primary	primary	ADJ
cblr-8481	608	8	liability	liability	NOUN
cblr-8481	608	9	under	under	ADP
cblr-8481	608	10	section	section	NOUN
cblr-8481	608	11	10(b	10(b	NUM
cblr-8481	608	12	)	)	PUNCT
cblr-8481	608	13	when	when	SCONJ
cblr-8481	608	14	it	it	PRON
cblr-8481	608	15	‘	'	PUNCT
cblr-8481	608	16	creates	create	VERB
cblr-8481	608	17	’	'	PUNCT
cblr-8481	608	18	a	a	DET
cblr-8481	608	19	false	false	ADJ
cblr-8481	608	20	and	and	CCONJ
cblr-8481	608	21	misleading	misleading	ADJ
cblr-8481	608	22	statement	statement	NOUN
cblr-8481	608	23	,	,	PUNCT
cblr-8481	608	24	even	even	ADV
cblr-8481	608	25	if	if	SCONJ
cblr-8481	608	26	the	the	DET
cblr-8481	608	27	statement	statement	NOUN
cblr-8481	608	28	is	be	AUX
cblr-8481	608	29	not	not	PART
cblr-8481	608	30	attributable	attributable	ADJ
cblr-8481	608	31	to	to	ADP
cblr-8481	608	32	that	that	DET
cblr-8481	608	33	secondary	secondary	ADJ
cblr-8481	608	34	actor	actor	NOUN
cblr-8481	608	35	.	.	PUNCT
cblr-8481	608	36	”137	”137	PUNCT
cblr-8481	609	1	the	the	DET
cblr-8481	609	2	plaintiff	plaintiff	NOUN
cblr-8481	609	3	must	must	AUX
cblr-8481	609	4	prove	prove	VERB
cblr-8481	609	5	that	that	SCONJ
cblr-8481	609	6	:	:	PUNCT
cblr-8481	609	7	(	(	PUNCT
cblr-8481	609	8	1	1	X
cblr-8481	609	9	)	)	PUNCT
cblr-8481	609	10	the	the	DET
cblr-8481	609	11	secondary	secondary	ADJ
cblr-8481	609	12	actor	actor	NOUN
cblr-8481	609	13	was	be	AUX
cblr-8481	609	14	aware	aware	ADJ
cblr-8481	609	15	of	of	ADP
cblr-8481	609	16	the	the	DET
cblr-8481	609	17	misrepresentation	misrepresentation	NOUN
cblr-8481	609	18	;	;	PUNCT
cblr-8481	609	19	(	(	PUNCT
cblr-8481	609	20	2	2	X
cblr-8481	609	21	)	)	PUNCT
cblr-8481	609	22	the	the	DET
cblr-8481	609	23	secondary	secondary	ADJ
cblr-8481	609	24	actor	actor	NOUN
cblr-8481	609	25	could	could	AUX
cblr-8481	609	26	fairly	fairly	ADV
cblr-8481	609	27	be	be	AUX
cblr-8481	609	28	characterized	characterize	VERB
cblr-8481	609	29	as	as	ADP
cblr-8481	609	30	the	the	DET
cblr-8481	609	31	author	author	NOUN
cblr-8481	609	32	or	or	CCONJ
cblr-8481	609	33	co	co	NOUN
cblr-8481	609	34	-	-	NOUN
cblr-8481	609	35	author	author	NOUN
cblr-8481	609	36	of	of	ADP
cblr-8481	609	37	the	the	DET
cblr-8481	609	38	misrepresentation	misrepresentation	NOUN
cblr-8481	609	39	;	;	PUNCT
cblr-8481	609	40	(	(	PUNCT
cblr-8481	609	41	3	3	X
cblr-8481	609	42	)	)	PUNCT
cblr-8481	609	43	the	the	DET
cblr-8481	609	44	secondary	secondary	ADJ
cblr-8481	609	45	actor	actor	NOUN
cblr-8481	609	46	knew	know	VERB
cblr-8481	609	47	that	that	SCONJ
cblr-8481	609	48	the	the	DET
cblr-8481	609	49	misrepresentation	misrepresentation	NOUN
cblr-8481	609	50	would	would	AUX
cblr-8481	609	51	be	be	AUX
cblr-8481	609	52	relied	rely	VERB
cblr-8481	609	53	on	on	ADP
cblr-8481	609	54	by	by	ADP
cblr-8481	609	55	investors	investor	NOUN
cblr-8481	609	56	;	;	PUNCT
cblr-8481	609	57	and	and	CCONJ
cblr-8481	609	58	(	(	PUNCT
cblr-8481	609	59	4	4	X
cblr-8481	609	60	)	)	PUNCT
cblr-8481	609	61	the	the	DET
cblr-8481	609	62	other	other	ADJ
cblr-8481	609	63	requirements	requirement	NOUN
cblr-8481	609	64	for	for	ADP
cblr-8481	609	65	liability	liability	NOUN
cblr-8481	609	66	have	have	AUX
cblr-8481	609	67	been	be	AUX
cblr-8481	609	68	met.138	met.138	VERB
cblr-8481	609	69	to	to	PART
cblr-8481	609	70	illustrate	illustrate	VERB
cblr-8481	609	71	the	the	DET
cblr-8481	609	72	distinctions	distinction	NOUN
cblr-8481	609	73	among	among	ADP
cblr-8481	609	74	the	the	DET
cblr-8481	609	75	three	three	NUM
cblr-8481	609	76	approaches	approach	NOUN
cblr-8481	609	77	,	,	PUNCT
cblr-8481	609	78	consider	consider	VERB
cblr-8481	609	79	a	a	DET
cblr-8481	609	80	hypothetical	hypothetical	ADJ
cblr-8481	609	81	.	.	PUNCT
cblr-8481	610	1	a	a	DET
cblr-8481	610	2	misstatement	misstatement	NOUN
cblr-8481	610	3	regarding	regard	VERB
cblr-8481	610	4	the	the	DET
cblr-8481	610	5	value	value	NOUN
cblr-8481	610	6	of	of	ADP
cblr-8481	610	7	a	a	DET
cblr-8481	610	8	recently	recently	ADV
cblr-8481	610	9	acquired	acquire	VERB
cblr-8481	610	10	asset	asset	NOUN
cblr-8481	610	11	is	be	AUX
cblr-8481	610	12	made	make	VERB
cblr-8481	610	13	in	in	ADP
cblr-8481	610	14	an	an	DET
cblr-8481	610	15	email	email	NOUN
cblr-8481	610	16	sent	send	VERB
cblr-8481	610	17	to	to	ADP
cblr-8481	610	18	investors	investor	NOUN
cblr-8481	610	19	.	.	PUNCT
cblr-8481	611	1	assume	assume	VERB
cblr-8481	611	2	it	it	PRON
cblr-8481	611	3	was	be	AUX
cblr-8481	611	4	done	do	VERB
cblr-8481	611	5	knowingly	knowingly	ADV
cblr-8481	611	6	by	by	ADP
cblr-8481	611	7	all	all	DET
cblr-8481	611	8	parties	party	NOUN
cblr-8481	611	9	and	and	CCONJ
cblr-8481	611	10	any	any	DET
cblr-8481	611	11	other	other	ADJ
cblr-8481	611	12	liability	liability	NOUN
cblr-8481	611	13	requirements	requirement	NOUN
cblr-8481	611	14	are	be	AUX
cblr-8481	611	15	met	meet	VERB
cblr-8481	611	16	.	.	PUNCT
cblr-8481	612	1	the	the	DET
cblr-8481	612	2	email	email	NOUN
cblr-8481	612	3	was	be	AUX
cblr-8481	612	4	drafted	draft	VERB
cblr-8481	612	5	by	by	ADP
cblr-8481	612	6	two	two	NUM
cblr-8481	612	7	mid	mid	ADJ
cblr-8481	612	8	-	-	ADJ
cblr-8481	612	9	level	level	NOUN
cblr-8481	612	10	managers	manager	NOUN
cblr-8481	612	11	,	,	PUNCT
cblr-8481	612	12	who	who	PRON
cblr-8481	612	13	came	come	VERB
cblr-8481	612	14	up	up	ADP
cblr-8481	612	15	with	with	ADP
cblr-8481	612	16	its	its	PRON
cblr-8481	612	17	contents	content	NOUN
cblr-8481	612	18	based	base	VERB
cblr-8481	612	19	on	on	ADP
cblr-8481	612	20	research	research	NOUN
cblr-8481	612	21	and	and	CCONJ
cblr-8481	612	22	information	information	NOUN
cblr-8481	612	23	provided	provide	VERB
cblr-8481	612	24	to	to	ADP
cblr-8481	612	25	them	they	PRON
cblr-8481	612	26	by	by	ADP
cblr-8481	612	27	a	a	DET
cblr-8481	612	28	lower	low	ADJ
cblr-8481	612	29	-	-	PUNCT
cblr-8481	612	30	level	level	NOUN
cblr-8481	612	31	employee	employee	NOUN
cblr-8481	612	32	.	.	PUNCT
cblr-8481	613	1	after	after	ADP
cblr-8481	613	2	that	that	PRON
cblr-8481	613	3	,	,	PUNCT
cblr-8481	613	4	it	it	PRON
cblr-8481	613	5	was	be	AUX
cblr-8481	613	6	reviewed	review	VERB
cblr-8481	613	7	and	and	CCONJ
cblr-8481	613	8	edited	edit	VERB
cblr-8481	613	9	by	by	ADP
cblr-8481	613	10	a	a	DET
cblr-8481	613	11	vice	vice	NOUN
cblr-8481	613	12	president	president	NOUN
cblr-8481	613	13	,	,	PUNCT
cblr-8481	613	14	who	who	PRON
cblr-8481	613	15	then	then	ADV
cblr-8481	613	16	sent	send	VERB
cblr-8481	613	17	it	it	PRON
cblr-8481	613	18	out	out	ADP
cblr-8481	613	19	from	from	ADP
cblr-8481	613	20	his	his	PRON
cblr-8481	613	21	work	work	NOUN
cblr-8481	613	22	email	email	NOUN
cblr-8481	613	23	with	with	ADP
cblr-8481	613	24	his	his	PRON
cblr-8481	613	25	name	name	NOUN
cblr-8481	613	26	in	in	ADP
cblr-8481	613	27	the	the	DET
cblr-8481	613	28	byline	byline	NOUN
cblr-8481	613	29	.	.	PUNCT
cblr-8481	614	1	under	under	ADP
cblr-8481	614	2	the	the	DET
cblr-8481	614	3	bright	bright	ADJ
cblr-8481	614	4	-	-	PUNCT
cblr-8481	614	5	line	line	NOUN
cblr-8481	614	6	standard	standard	NOUN
cblr-8481	614	7	,	,	PUNCT
cblr-8481	614	8	only	only	ADV
cblr-8481	614	9	the	the	DET
cblr-8481	614	10	vice	vice	NOUN
cblr-8481	614	11	president	president	NOUN
cblr-8481	614	12	could	could	AUX
cblr-8481	614	13	be	be	AUX
cblr-8481	614	14	primarily	primarily	ADV
cblr-8481	614	15	liable	liable	ADJ
cblr-8481	614	16	because	because	SCONJ
cblr-8481	614	17	his	his	PRON
cblr-8481	614	18	name	name	NOUN
cblr-8481	614	19	is	be	AUX
cblr-8481	614	20	the	the	DET
cblr-8481	614	21	one	one	NOUN
cblr-8481	614	22	that	that	PRON
cblr-8481	614	23	is	be	AUX
cblr-8481	614	24	found	find	VERB
cblr-8481	614	25	in	in	ADP
cblr-8481	614	26	the	the	DET
cblr-8481	614	27	byline	byline	NOUN
cblr-8481	614	28	:	:	PUNCT
cblr-8481	614	29	recipients	recipient	NOUN
cblr-8481	614	30	would	would	AUX
cblr-8481	614	31	attribute	attribute	VERB
cblr-8481	614	32	the	the	DET
cblr-8481	614	33	email	email	NOUN
cblr-8481	614	34	to	to	ADP
cblr-8481	614	35	him	he	PRON
cblr-8481	614	36	.	.	PUNCT
cblr-8481	615	1	under	under	ADP
cblr-8481	615	2	the	the	DET
cblr-8481	615	3	substantial	substantial	ADJ
cblr-8481	615	4	participation	participation	NOUN
cblr-8481	615	5	test	test	NOUN
cblr-8481	615	6	,	,	PUNCT
cblr-8481	615	7	everyone	everyone	PRON
cblr-8481	615	8	would	would	AUX
cblr-8481	615	9	be	be	AUX
cblr-8481	615	10	primarily	primarily	ADV
cblr-8481	615	11	liable	liable	ADJ
cblr-8481	615	12	—	—	PUNCT
cblr-8481	615	13	including	include	VERB
cblr-8481	615	14	the	the	DET
cblr-8481	615	15	lower	low	ADJ
cblr-8481	615	16	-	-	PUNCT
cblr-8481	615	17	level	level	NOUN
cblr-8481	615	18	employee	employee	NOUN
cblr-8481	615	19	who	who	PRON
cblr-8481	615	20	conducted	conduct	VERB
cblr-8481	615	21	the	the	DET
cblr-8481	615	22	research	research	NOUN
cblr-8481	615	23	—	—	PUNCT
cblr-8481	615	24	so	so	ADV
cblr-8481	615	25	long	long	ADV
cblr-8481	615	26	as	as	SCONJ
cblr-8481	615	27	everyone	everyone	PRON
cblr-8481	615	28	knew	know	VERB
cblr-8481	615	29	that	that	SCONJ
cblr-8481	615	30	the	the	DET
cblr-8481	615	31	information	information	NOUN
cblr-8481	615	32	was	be	AUX
cblr-8481	615	33	misleading	misleading	ADJ
cblr-8481	615	34	and	and	CCONJ
cblr-8481	615	35	would	would	AUX
cblr-8481	615	36	be	be	AUX
cblr-8481	615	37	presented	present	VERB
cblr-8481	615	38	to	to	ADP
cblr-8481	615	39	the	the	DET
cblr-8481	615	40	public	public	NOUN
cblr-8481	615	41	.	.	PUNCT
cblr-8481	616	1	meanwhile	meanwhile	ADV
cblr-8481	616	2	,	,	PUNCT
cblr-8481	616	3	136	136	NUM
cblr-8481	616	4	cosenza	cosenza	NOUN
cblr-8481	616	5	,	,	PUNCT
cblr-8481	616	6	supra	supra	PROPN
cblr-8481	616	7	note	note	PROPN
cblr-8481	616	8	134	134	NUM
cblr-8481	616	9	,	,	PUNCT
cblr-8481	616	10	at	at	ADP
cblr-8481	616	11	1044	1044	NUM
cblr-8481	616	12	.	.	PUNCT
cblr-8481	617	1	137	137	NUM
cblr-8481	618	1	i	i	PRON
cblr-8481	618	2	d.	d.	PROPN
cblr-8481	618	3	at	at	ADP
cblr-8481	618	4	1047	1047	NUM
cblr-8481	618	5	.	.	PUNCT
cblr-8481	619	1	138	138	NUM
cblr-8481	620	1	i	i	PRON
cblr-8481	620	2	d.	d.	PROPN
cblr-8481	620	3	note	note	VERB
cblr-8481	620	4	lieberman	lieberman	PROPN
cblr-8481	620	5	6/13/2021	6/13/2021	NUM
cblr-8481	620	6	8:45	8:45	NUM
cblr-8481	620	7	pm	pm	NOUN
cblr-8481	620	8	384	384	NUM
cblr-8481	620	9	columbia	columbia	PROPN
cblr-8481	620	10	business	business	NOUN
cblr-8481	620	11	law	law	PROPN
cblr-8481	620	12	review	review	NOUN
cblr-8481	620	13	[	[	X
cblr-8481	620	14	vol	vol	NOUN
cblr-8481	620	15	.	.	NOUN
cblr-8481	620	16	2021	2021	NUM
cblr-8481	620	17	under	under	ADP
cblr-8481	620	18	the	the	DET
cblr-8481	620	19	creator	creator	NOUN
cblr-8481	620	20	standard	standard	NOUN
cblr-8481	620	21	,	,	PUNCT
cblr-8481	620	22	the	the	DET
cblr-8481	620	23	mid	mid	ADJ
cblr-8481	620	24	-	-	ADJ
cblr-8481	620	25	level	level	NOUN
cblr-8481	620	26	managers	manager	NOUN
cblr-8481	620	27	and	and	CCONJ
cblr-8481	620	28	the	the	DET
cblr-8481	620	29	vice	vice	NOUN
cblr-8481	620	30	president	president	NOUN
cblr-8481	620	31	could	could	AUX
cblr-8481	620	32	be	be	AUX
cblr-8481	620	33	liable	liable	ADJ
cblr-8481	620	34	,	,	PUNCT
cblr-8481	620	35	as	as	SCONJ
cblr-8481	620	36	they	they	PRON
cblr-8481	620	37	would	would	AUX
cblr-8481	620	38	all	all	ADV
cblr-8481	620	39	be	be	AUX
cblr-8481	620	40	authors	author	NOUN
cblr-8481	620	41	of	of	ADP
cblr-8481	620	42	the	the	DET
cblr-8481	620	43	misstatement	misstatement	NOUN
cblr-8481	620	44	:	:	PUNCT
cblr-8481	620	45	the	the	DET
cblr-8481	620	46	managers	manager	NOUN
cblr-8481	620	47	first	first	ADV
cblr-8481	620	48	wrote	write	VERB
cblr-8481	620	49	the	the	DET
cblr-8481	620	50	statement	statement	NOUN
cblr-8481	620	51	,	,	PUNCT
cblr-8481	620	52	and	and	CCONJ
cblr-8481	620	53	the	the	DET
cblr-8481	620	54	vice	vice	NOUN
cblr-8481	620	55	president	president	NOUN
cblr-8481	620	56	edited	edit	VERB
cblr-8481	620	57	and	and	CCONJ
cblr-8481	620	58	reviewed	review	VERB
cblr-8481	620	59	the	the	DET
cblr-8481	620	60	email	email	NOUN
cblr-8481	620	61	before	before	ADP
cblr-8481	620	62	sending	send	VERB
cblr-8481	620	63	it	it	PRON
cblr-8481	620	64	out	out	ADP
cblr-8481	620	65	to	to	ADP
cblr-8481	620	66	the	the	DET
cblr-8481	620	67	public	public	NOUN
cblr-8481	620	68	.	.	PUNCT
cblr-8481	621	1	the	the	DET
cblr-8481	621	2	low	low	ADJ
cblr-8481	621	3	-	-	PUNCT
cblr-8481	621	4	level	level	NOUN
cblr-8481	621	5	employee	employee	NOUN
cblr-8481	621	6	,	,	PUNCT
cblr-8481	621	7	despite	despite	SCONJ
cblr-8481	621	8	having	having	AUX
cblr-8481	621	9	assisted	assist	VERB
cblr-8481	621	10	them	they	PRON
cblr-8481	621	11	with	with	ADP
cblr-8481	621	12	research	research	NOUN
cblr-8481	621	13	,	,	PUNCT
cblr-8481	621	14	is	be	AUX
cblr-8481	621	15	not	not	PART
cblr-8481	621	16	one	one	NUM
cblr-8481	621	17	of	of	ADP
cblr-8481	621	18	the	the	DET
cblr-8481	621	19	authors	author	NOUN
cblr-8481	621	20	of	of	ADP
cblr-8481	621	21	the	the	DET
cblr-8481	621	22	statement	statement	NOUN
cblr-8481	621	23	because	because	SCONJ
cblr-8481	621	24	he	he	PRON
cblr-8481	621	25	did	do	AUX
cblr-8481	621	26	not	not	PART
cblr-8481	621	27	write	write	VERB
cblr-8481	621	28	,	,	PUNCT
cblr-8481	621	29	edit	edit	NOUN
cblr-8481	621	30	,	,	PUNCT
cblr-8481	621	31	or	or	CCONJ
cblr-8481	621	32	send	send	VERB
cblr-8481	621	33	it	it	PRON
cblr-8481	621	34	.	.	PUNCT
cblr-8481	622	1	the	the	DET
cblr-8481	622	2	primary	primary	ADJ
cblr-8481	622	3	issue	issue	NOUN
cblr-8481	622	4	with	with	ADP
cblr-8481	622	5	the	the	DET
cblr-8481	622	6	bright	bright	ADJ
cblr-8481	622	7	-	-	PUNCT
cblr-8481	622	8	line	line	NOUN
cblr-8481	622	9	standard	standard	NOUN
cblr-8481	622	10	as	as	SCONJ
cblr-8481	622	11	adopted	adopt	VERB
cblr-8481	622	12	by	by	ADP
cblr-8481	622	13	the	the	DET
cblr-8481	622	14	court	court	NOUN
cblr-8481	622	15	in	in	ADP
cblr-8481	622	16	janus	janus	PROPN
cblr-8481	622	17	is	be	AUX
cblr-8481	622	18	that	that	SCONJ
cblr-8481	622	19	it	it	PRON
cblr-8481	622	20	prevents	prevent	VERB
cblr-8481	622	21	litigants	litigant	NOUN
cblr-8481	622	22	from	from	ADP
cblr-8481	622	23	imposing	impose	VERB
cblr-8481	622	24	direct	direct	ADJ
cblr-8481	622	25	liability	liability	NOUN
cblr-8481	622	26	on	on	ADP
cblr-8481	622	27	actors	actor	NOUN
cblr-8481	622	28	who	who	PRON
cblr-8481	622	29	are	be	AUX
cblr-8481	622	30	clearly	clearly	ADV
cblr-8481	622	31	culpable	culpable	ADJ
cblr-8481	622	32	yet	yet	ADV
cblr-8481	622	33	otherwise	otherwise	ADV
cblr-8481	622	34	not	not	PART
cblr-8481	622	35	within	within	ADP
cblr-8481	622	36	the	the	DET
cblr-8481	622	37	scope	scope	NOUN
cblr-8481	622	38	of	of	ADP
cblr-8481	622	39	10b-5	10b-5	NUM
cblr-8481	622	40	.	.	PUNCT
cblr-8481	623	1	as	as	SCONJ
cblr-8481	623	2	the	the	DET
cblr-8481	623	3	new	new	PROPN
cblr-8481	623	4	york	york	PROPN
cblr-8481	623	5	times	times	PROPN
cblr-8481	623	6	editorial	editorial	PROPN
cblr-8481	623	7	board	board	NOUN
cblr-8481	623	8	noted	note	VERB
cblr-8481	623	9	after	after	SCONJ
cblr-8481	623	10	janus	janus	PROPN
cblr-8481	623	11	came	come	VERB
cblr-8481	623	12	down	down	ADP
cblr-8481	623	13	,	,	PUNCT
cblr-8481	623	14	“	"	PUNCT
cblr-8481	623	15	[	[	X
cblr-8481	623	16	t]here	t]here	NOUN
cblr-8481	623	17	is	be	AUX
cblr-8481	623	18	no	no	DET
cblr-8481	623	19	doubt	doubt	NOUN
cblr-8481	623	20	that	that	SCONJ
cblr-8481	623	21	janus	janus	PROPN
cblr-8481	623	22	capital	capital	PROPN
cblr-8481	623	23	group	group	NOUN
cblr-8481	623	24	is	be	AUX
cblr-8481	623	25	responsible	responsible	ADJ
cblr-8481	623	26	.	.	PUNCT
cblr-8481	624	1	it	it	PRON
cblr-8481	624	2	used	use	VERB
cblr-8481	624	3	legal	legal	ADJ
cblr-8481	624	4	ventriloquism	ventriloquism	NOUN
cblr-8481	624	5	to	to	PART
cblr-8481	624	6	speak	speak	VERB
cblr-8481	624	7	through	through	ADP
cblr-8481	624	8	the	the	DET
cblr-8481	624	9	business	business	NOUN
cblr-8481	624	10	trust	trust	PROPN
cblr-8481	624	11	and	and	CCONJ
cblr-8481	624	12	janus	janus	PROPN
cblr-8481	624	13	funds	fund	NOUN
cblr-8481	624	14	.	.	PUNCT
cblr-8481	625	1	janus	janus	PROPN
cblr-8481	625	2	capital	capital	PROPN
cblr-8481	625	3	management	management	NOUN
cblr-8481	625	4	does	do	VERB
cblr-8481	625	5	everything	everything	PRON
cblr-8481	625	6	for	for	ADP
cblr-8481	625	7	the	the	DET
cblr-8481	625	8	funds	fund	NOUN
cblr-8481	625	9	,	,	PUNCT
cblr-8481	625	10	which	which	PRON
cblr-8481	625	11	have	have	VERB
cblr-8481	625	12	no	no	DET
cblr-8481	625	13	employees	employee	NOUN
cblr-8481	625	14	.	.	PUNCT
cblr-8481	625	15	”139	”139	PUNCT
cblr-8481	626	1	yet	yet	ADV
cblr-8481	626	2	,	,	PUNCT
cblr-8481	626	3	under	under	ADP
cblr-8481	626	4	the	the	DET
cblr-8481	626	5	janus	janus	PROPN
cblr-8481	626	6	rule	rule	NOUN
cblr-8481	626	7	,	,	PUNCT
cblr-8481	626	8	“	"	PUNCT
cblr-8481	626	9	[	[	X
cblr-8481	626	10	o]nly	o]nly	ADV
cblr-8481	626	11	the	the	DET
cblr-8481	626	12	business	business	NOUN
cblr-8481	626	13	trust	trust	NOUN
cblr-8481	626	14	set	set	VERB
cblr-8481	626	15	up	up	ADP
cblr-8481	626	16	to	to	PART
cblr-8481	626	17	hold	hold	VERB
cblr-8481	626	18	the	the	DET
cblr-8481	626	19	funds	fund	NOUN
cblr-8481	626	20	can	can	AUX
cblr-8481	626	21	be	be	AUX
cblr-8481	626	22	held	hold	VERB
cblr-8481	626	23	liable	liable	ADJ
cblr-8481	626	24	,	,	PUNCT
cblr-8481	626	25	though	though	SCONJ
cblr-8481	626	26	it	it	PRON
cblr-8481	626	27	has	have	VERB
cblr-8481	626	28	no	no	DET
cblr-8481	626	29	assets	asset	NOUN
cblr-8481	626	30	of	of	ADP
cblr-8481	626	31	its	its	PRON
cblr-8481	626	32	own	own	ADJ
cblr-8481	626	33	to	to	PART
cblr-8481	626	34	compensate	compensate	VERB
cblr-8481	626	35	plaintiffs	plaintiff	NOUN
cblr-8481	626	36	in	in	ADP
cblr-8481	626	37	the	the	DET
cblr-8481	626	38	lawsuit	lawsuit	NOUN
cblr-8481	626	39	.	.	PUNCT
cblr-8481	627	1	which	which	PRON
cblr-8481	627	2	means	mean	VERB
cblr-8481	627	3	that	that	SCONJ
cblr-8481	627	4	there	there	PRON
cblr-8481	627	5	is	be	VERB
cblr-8481	627	6	no	no	DET
cblr-8481	627	7	one	one	NOUN
cblr-8481	627	8	to	to	PART
cblr-8481	627	9	sue	sue	VERB
cblr-8481	627	10	for	for	ADP
cblr-8481	627	11	the	the	DET
cblr-8481	627	12	misleading	misleading	ADJ
cblr-8481	627	13	prospectuses	prospectus	NOUN
cblr-8481	627	14	.	.	PUNCT
cblr-8481	628	1	”140	”140	ADP
cblr-8481	628	2	this	this	DET
cblr-8481	628	3	type	type	NOUN
cblr-8481	628	4	of	of	ADP
cblr-8481	628	5	gap	gap	NOUN
cblr-8481	628	6	in	in	ADP
cblr-8481	628	7	the	the	DET
cblr-8481	628	8	regulatory	regulatory	ADJ
cblr-8481	628	9	scheme	scheme	NOUN
cblr-8481	628	10	incentivizes	incentivize	VERB
cblr-8481	628	11	negative	negative	ADJ
cblr-8481	628	12	behavior	behavior	NOUN
cblr-8481	628	13	,	,	PUNCT
cblr-8481	628	14	allowing	allow	VERB
cblr-8481	628	15	companies	company	NOUN
cblr-8481	628	16	to	to	PART
cblr-8481	628	17	utilize	utilize	VERB
cblr-8481	628	18	clever	clever	ADJ
cblr-8481	628	19	tactics	tactic	NOUN
cblr-8481	628	20	to	to	PART
cblr-8481	628	21	avoid	avoid	VERB
cblr-8481	628	22	primary	primary	ADJ
cblr-8481	628	23	liability	liability	NOUN
cblr-8481	628	24	while	while	SCONJ
cblr-8481	628	25	engaging	engage	VERB
cblr-8481	628	26	in	in	ADP
cblr-8481	628	27	fraudulent	fraudulent	ADJ
cblr-8481	628	28	conduct	conduct	NOUN
cblr-8481	628	29	.	.	PUNCT
cblr-8481	629	1	the	the	DET
cblr-8481	629	2	janus	janus	PROPN
cblr-8481	629	3	ruling	ruling	NOUN
cblr-8481	629	4	was	be	AUX
cblr-8481	629	5	especially	especially	ADV
cblr-8481	629	6	disconcerting	disconcerting	ADJ
cblr-8481	629	7	because	because	SCONJ
cblr-8481	629	8	the	the	DET
cblr-8481	629	9	board	board	NOUN
cblr-8481	629	10	of	of	ADP
cblr-8481	629	11	directors	director	NOUN
cblr-8481	629	12	of	of	ADP
cblr-8481	629	13	the	the	DET
cblr-8481	629	14	janus	janus	PROPN
cblr-8481	629	15	fund	fund	PROPN
cblr-8481	629	16	had	have	VERB
cblr-8481	629	17	no	no	DET
cblr-8481	629	18	culpability	culpability	NOUN
cblr-8481	629	19	in	in	ADP
cblr-8481	629	20	drafting	draft	VERB
cblr-8481	629	21	the	the	DET
cblr-8481	629	22	misstatement	misstatement	NOUN
cblr-8481	629	23	,	,	PUNCT
cblr-8481	629	24	so	so	SCONJ
cblr-8481	629	25	“	"	PUNCT
cblr-8481	629	26	[	[	X
cblr-8481	629	27	i]f	i]f	VERB
cblr-8481	629	28	only	only	ADV
cblr-8481	629	29	the	the	DET
cblr-8481	629	30	board	board	NOUN
cblr-8481	629	31	of	of	ADP
cblr-8481	629	32	directors	director	NOUN
cblr-8481	629	33	is	be	AUX
cblr-8481	629	34	deemed	deem	VERB
cblr-8481	629	35	to	to	PART
cblr-8481	629	36	make	make	VERB
cblr-8481	629	37	the	the	DET
cblr-8481	629	38	statement	statement	NOUN
cblr-8481	629	39	because	because	SCONJ
cblr-8481	629	40	of	of	ADP
cblr-8481	629	41	its	its	PRON
cblr-8481	629	42	ultimate	ultimate	ADJ
cblr-8481	629	43	authority	authority	NOUN
cblr-8481	629	44	,	,	PUNCT
cblr-8481	629	45	and	and	CCONJ
cblr-8481	629	46	if	if	SCONJ
cblr-8481	629	47	the	the	DET
cblr-8481	629	48	board	board	NOUN
cblr-8481	629	49	is	be	AUX
cblr-8481	629	50	unaware	unaware	ADJ
cblr-8481	629	51	of	of	ADP
cblr-8481	629	52	the	the	DET
cblr-8481	629	53	truth	truth	NOUN
cblr-8481	629	54	,	,	PUNCT
cblr-8481	629	55	then	then	ADV
cblr-8481	629	56	there	there	PRON
cblr-8481	629	57	is	be	VERB
cblr-8481	629	58	no	no	DET
cblr-8481	629	59	primary	primary	ADJ
cblr-8481	629	60	violation	violation	NOUN
cblr-8481	629	61	.	.	PUNCT
cblr-8481	630	1	”141	”141	VERB
cblr-8481	630	2	the	the	DET
cblr-8481	630	3	inability	inability	NOUN
cblr-8481	630	4	to	to	PART
cblr-8481	630	5	bring	bring	VERB
cblr-8481	630	6	fraud	fraud	NOUN
cblr-8481	630	7	claims	claim	NOUN
cblr-8481	630	8	despite	despite	SCONJ
cblr-8481	630	9	such	such	ADJ
cblr-8481	630	10	brazen	brazen	ADJ
cblr-8481	630	11	behavior	behavior	NOUN
cblr-8481	630	12	by	by	ADP
cblr-8481	630	13	the	the	DET
cblr-8481	630	14	drafters	drafter	NOUN
cblr-8481	630	15	of	of	ADP
cblr-8481	630	16	the	the	DET
cblr-8481	630	17	prospectus	prospectus	NOUN
cblr-8481	630	18	“	"	PUNCT
cblr-8481	630	19	is	be	AUX
cblr-8481	630	20	not	not	PART
cblr-8481	630	21	what	what	PRON
cblr-8481	630	22	congress	congress	PROPN
cblr-8481	630	23	intended	intend	VERB
cblr-8481	630	24	.	.	PUNCT
cblr-8481	631	1	rather	rather	ADV
cblr-8481	631	2	,	,	PUNCT
cblr-8481	631	3	congress	congress	PROPN
cblr-8481	631	4	intended	intend	VERB
cblr-8481	631	5	to	to	PART
cblr-8481	631	6	root	root	VERB
cblr-8481	631	7	out	out	ADP
cblr-8481	631	8	all	all	DET
cblr-8481	631	9	139	139	NUM
cblr-8481	631	10	editorial	editorial	NOUN
cblr-8481	631	11	,	,	PUNCT
cblr-8481	631	12	so	so	SCONJ
cblr-8481	631	13	no	no	DET
cblr-8481	631	14	one	one	NOUN
cblr-8481	631	15	’s	’	VERB
cblr-8481	631	16	responsible	responsible	ADJ
cblr-8481	631	17	?	?	PUNCT
cblr-8481	631	18	,	,	PUNCT
cblr-8481	631	19	n.y	n.y	PROPN
cblr-8481	631	20	.	.	PROPN
cblr-8481	631	21	times	times	PROPN
cblr-8481	631	22	(	(	PUNCT
cblr-8481	631	23	june	june	PROPN
cblr-8481	631	24	14	14	NUM
cblr-8481	631	25	,	,	PUNCT
cblr-8481	631	26	2011	2011	NUM
cblr-8481	631	27	)	)	PUNCT
cblr-8481	631	28	,	,	PUNCT
cblr-8481	631	29	https://www.nytimes.com/2011/06/15/	https://www.nytimes.com/2011/06/15/	X
cblr-8481	631	30	opinion/15wed2.html	opinion/15wed2.html	PROPN
cblr-8481	632	1	[	[	X
cblr-8481	632	2	https://perma.cc/ey34-htg7	https://perma.cc/ey34-htg7	PROPN
cblr-8481	632	3	]	]	PUNCT
cblr-8481	632	4	.	.	PUNCT
cblr-8481	633	1	140	140	NUM
cblr-8481	633	2	i	i	PRON
cblr-8481	633	3	d.	d.	PROPN
cblr-8481	633	4	141	141	NUM
cblr-8481	633	5	charles	charles	PROPN
cblr-8481	633	6	w.	w.	PROPN
cblr-8481	633	7	murdock	murdock	PROPN
cblr-8481	633	8	,	,	PUNCT
cblr-8481	633	9	janus	janus	PROPN
cblr-8481	633	10	capital	capital	PROPN
cblr-8481	633	11	group	group	PROPN
cblr-8481	633	12	,	,	PUNCT
cblr-8481	633	13	inc	inc	PROPN
cblr-8481	633	14	v.	v.	ADP
cblr-8481	633	15	first	first	ADJ
cblr-8481	633	16	derivative	derivative	ADJ
cblr-8481	633	17	traders	trader	NOUN
cblr-8481	633	18	:	:	PUNCT
cblr-8481	633	19	the	the	DET
cblr-8481	633	20	culmination	culmination	NOUN
cblr-8481	633	21	of	of	ADP
cblr-8481	633	22	the	the	DET
cblr-8481	633	23	supreme	supreme	PROPN
cblr-8481	633	24	court	court	PROPN
cblr-8481	633	25	’s	’s	PART
cblr-8481	633	26	evolution	evolution	NOUN
cblr-8481	633	27	from	from	ADP
cblr-8481	633	28	liberal	liberal	ADJ
cblr-8481	633	29	to	to	ADP
cblr-8481	633	30	reactionary	reactionary	ADJ
cblr-8481	633	31	in	in	ADP
cblr-8481	633	32	rule	rule	NOUN
cblr-8481	633	33	10b-5	10b-5	NUM
cblr-8481	633	34	actions	action	NOUN
cblr-8481	633	35	,	,	PUNCT
cblr-8481	633	36	91	91	NUM
cblr-8481	633	37	denv	denv	NOUN
cblr-8481	633	38	.	.	PUNCT
cblr-8481	634	1	u.	u.	PROPN
cblr-8481	634	2	l.	l.	PROPN
cblr-8481	634	3	rev	rev	PROPN
cblr-8481	634	4	.	.	PROPN
cblr-8481	634	5	369	369	NUM
cblr-8481	634	6	,	,	PUNCT
cblr-8481	634	7	432	432	NUM
cblr-8481	634	8	(	(	PUNCT
cblr-8481	634	9	2014	2014	NUM
cblr-8481	634	10	)	)	PUNCT
cblr-8481	634	11	.	.	PUNCT
cblr-8481	635	1	this	this	DET
cblr-8481	635	2	“	"	PUNCT
cblr-8481	635	3	mean[s	mean[	NOUN
cblr-8481	635	4	]	]	PUNCT
cblr-8481	635	5	that	that	SCONJ
cblr-8481	635	6	,	,	PUNCT
cblr-8481	635	7	even	even	ADV
cblr-8481	635	8	in	in	ADP
cblr-8481	635	9	an	an	DET
cblr-8481	635	10	sec	sec	PROPN
cblr-8481	635	11	proceeding	proceeding	NOUN
cblr-8481	635	12	,	,	PUNCT
cblr-8481	635	13	there	there	PRON
cblr-8481	635	14	could	could	AUX
cblr-8481	635	15	be	be	AUX
cblr-8481	635	16	no	no	DET
cblr-8481	635	17	aiding	aid	VERB
cblr-8481	635	18	and	and	CCONJ
cblr-8481	635	19	abetting	abet	VERB
cblr-8481	635	20	liability	liability	NOUN
cblr-8481	635	21	because	because	SCONJ
cblr-8481	635	22	of	of	ADP
cblr-8481	635	23	the	the	DET
cblr-8481	635	24	lack	lack	NOUN
cblr-8481	635	25	of	of	ADP
cblr-8481	635	26	a	a	DET
cblr-8481	635	27	primary	primary	ADJ
cblr-8481	635	28	violation	violation	NOUN
cblr-8481	635	29	.	.	PUNCT
cblr-8481	635	30	”	"	PUNCT
cblr-8481	636	1	i	i	PRON
cblr-8481	636	2	d.	d.	PROPN
cblr-8481	636	3	note	note	VERB
cblr-8481	636	4	–	–	PUNCT
cblr-8481	636	5	lieberman	lieberman	PROPN
cblr-8481	637	1	6/13/2021	6/13/2021	NUM
cblr-8481	637	2	8:45	8:45	NUM
cblr-8481	637	3	pm	pm	NOUN
cblr-8481	637	4	no	no	INTJ
cblr-8481	637	5	.	.	PUNCT
cblr-8481	638	1	1:352	1:352	NUM
cblr-8481	638	2	]	]	X
cblr-8481	638	3	lorenzo	lorenzo	PROPN
cblr-8481	638	4	v.	v.	ADP
cblr-8481	638	5	sec	sec	PROPN
cblr-8481	638	6	and	and	CCONJ
cblr-8481	638	7	the	the	DET
cblr-8481	638	8	expansion	expansion	NOUN
cblr-8481	638	9	of	of	ADP
cblr-8481	638	10	scheme	scheme	NOUN
cblr-8481	638	11	liability	liability	NOUN
cblr-8481	638	12	385	385	NUM
cblr-8481	638	13	manner	manner	NOUN
cblr-8481	638	14	of	of	ADP
cblr-8481	638	15	fraud	fraud	NOUN
cblr-8481	638	16	in	in	ADP
cblr-8481	638	17	the	the	DET
cblr-8481	638	18	securities	security	NOUN
cblr-8481	638	19	industry	industry	NOUN
cblr-8481	638	20	.	.	PUNCT
cblr-8481	639	1	”142	”142	NOUN
cblr-8481	639	2	expanding	expand	VERB
cblr-8481	639	3	the	the	DET
cblr-8481	639	4	scope	scope	NOUN
cblr-8481	639	5	of	of	ADP
cblr-8481	639	6	scheme	scheme	NOUN
cblr-8481	639	7	liability	liability	NOUN
cblr-8481	639	8	provides	provide	VERB
cblr-8481	639	9	an	an	DET
cblr-8481	639	10	opportunity	opportunity	NOUN
cblr-8481	639	11	to	to	PART
cblr-8481	639	12	rectify	rectify	VERB
cblr-8481	639	13	this	this	PRON
cblr-8481	639	14	,	,	PUNCT
cblr-8481	639	15	ensuring	ensure	VERB
cblr-8481	639	16	that	that	SCONJ
cblr-8481	639	17	janus	janus	PROPN
cblr-8481	639	18	’s	’s	PART
cblr-8481	639	19	narrow	narrow	ADJ
cblr-8481	639	20	definition	definition	NOUN
cblr-8481	639	21	of	of	ADP
cblr-8481	639	22	“	"	PUNCT
cblr-8481	639	23	maker	maker	NOUN
cblr-8481	639	24	”	"	PUNCT
cblr-8481	639	25	still	still	ADV
cblr-8481	639	26	stands	stand	VERB
cblr-8481	639	27	while	while	SCONJ
cblr-8481	639	28	also	also	ADV
cblr-8481	639	29	covering	cover	VERB
cblr-8481	639	30	blatantly	blatantly	ADV
cblr-8481	639	31	fraudulent	fraudulent	ADJ
cblr-8481	639	32	conduct	conduct	NOUN
cblr-8481	639	33	under	under	ADP
cblr-8481	639	34	rule	rule	NOUN
cblr-8481	639	35	10b-5	10b-5	NUM
cblr-8481	639	36	.	.	PUNCT
cblr-8481	640	1	even	even	ADV
cblr-8481	640	2	if	if	SCONJ
cblr-8481	640	3	maintaining	maintain	VERB
cblr-8481	640	4	the	the	DET
cblr-8481	640	5	bright	bright	ADJ
cblr-8481	640	6	-	-	PUNCT
cblr-8481	640	7	line	line	NOUN
cblr-8481	640	8	standard	standard	NOUN
cblr-8481	640	9	is	be	AUX
cblr-8481	640	10	not	not	PART
cblr-8481	640	11	the	the	DET
cblr-8481	640	12	proper	proper	ADJ
cblr-8481	640	13	course	course	NOUN
cblr-8481	640	14	of	of	ADP
cblr-8481	640	15	action	action	NOUN
cblr-8481	640	16	,	,	PUNCT
cblr-8481	640	17	the	the	DET
cblr-8481	640	18	question	question	NOUN
cblr-8481	640	19	remains	remain	VERB
cblr-8481	640	20	whether	whether	SCONJ
cblr-8481	640	21	the	the	DET
cblr-8481	640	22	“	"	PUNCT
cblr-8481	640	23	creator	creator	NOUN
cblr-8481	640	24	standard	standard	NOUN
cblr-8481	640	25	,	,	PUNCT
cblr-8481	640	26	”	"	PUNCT
cblr-8481	640	27	rather	rather	ADV
cblr-8481	640	28	than	than	ADP
cblr-8481	640	29	the	the	DET
cblr-8481	640	30	“	"	PUNCT
cblr-8481	640	31	substantial	substantial	ADJ
cblr-8481	640	32	participation	participation	NOUN
cblr-8481	640	33	test	test	NOUN
cblr-8481	640	34	,	,	PUNCT
cblr-8481	640	35	”	"	PUNCT
cblr-8481	640	36	should	should	AUX
cblr-8481	640	37	be	be	AUX
cblr-8481	640	38	adopted	adopt	VERB
cblr-8481	640	39	.	.	PUNCT
cblr-8481	641	1	the	the	DET
cblr-8481	641	2	concern	concern	NOUN
cblr-8481	641	3	with	with	ADP
cblr-8481	641	4	the	the	DET
cblr-8481	641	5	latter	latter	ADJ
cblr-8481	641	6	is	be	AUX
cblr-8481	641	7	that	that	SCONJ
cblr-8481	641	8	“	"	PUNCT
cblr-8481	641	9	substantial	substantial	ADJ
cblr-8481	641	10	participation	participation	NOUN
cblr-8481	641	11	”	"	PUNCT
cblr-8481	641	12	is	be	AUX
cblr-8481	641	13	difficult	difficult	ADJ
cblr-8481	641	14	to	to	PART
cblr-8481	641	15	differentiate	differentiate	VERB
cblr-8481	641	16	from	from	ADP
cblr-8481	641	17	aiding	aid	VERB
cblr-8481	641	18	and	and	CCONJ
cblr-8481	641	19	abetting	abet	VERB
cblr-8481	641	20	,	,	PUNCT
cblr-8481	641	21	undermining	undermine	VERB
cblr-8481	641	22	the	the	DET
cblr-8481	641	23	court	court	NOUN
cblr-8481	641	24	’s	’s	PART
cblr-8481	641	25	decision	decision	NOUN
cblr-8481	641	26	in	in	ADP
cblr-8481	641	27	central	central	ADJ
cblr-8481	641	28	bank	bank	NOUN
cblr-8481	641	29	,	,	PUNCT
cblr-8481	641	30	which	which	PRON
cblr-8481	641	31	was	be	AUX
cblr-8481	641	32	designed	design	VERB
cblr-8481	641	33	to	to	PART
cblr-8481	641	34	prevent	prevent	VERB
cblr-8481	641	35	excessive	excessive	ADJ
cblr-8481	641	36	litigation	litigation	NOUN
cblr-8481	641	37	and	and	CCONJ
cblr-8481	641	38	simplify	simplify	VERB
cblr-8481	641	39	a	a	DET
cblr-8481	641	40	system	system	NOUN
cblr-8481	641	41	where	where	SCONJ
cblr-8481	641	42	the	the	DET
cblr-8481	641	43	“	"	PUNCT
cblr-8481	641	44	rules	rule	NOUN
cblr-8481	641	45	.	.	PUNCT
cblr-8481	641	46	.	.	PUNCT
cblr-8481	642	1	.	.	PUNCT
cblr-8481	643	1	are	be	AUX
cblr-8481	643	2	unclear	unclear	ADJ
cblr-8481	643	3	,	,	PUNCT
cblr-8481	643	4	in	in	ADP
cblr-8481	643	5	‘	'	PUNCT
cblr-8481	643	6	an	an	DET
cblr-8481	643	7	area	area	NOUN
cblr-8481	643	8	that	that	PRON
cblr-8481	643	9	demands	demand	VERB
cblr-8481	643	10	certainty	certainty	NOUN
cblr-8481	643	11	and	and	CCONJ
cblr-8481	643	12	predictability	predictability	NOUN
cblr-8481	643	13	.	.	PUNCT
cblr-8481	644	1	’”143	’”143	PRON
cblr-8481	644	2	allowing	allow	VERB
cblr-8481	644	3	for	for	ADP
cblr-8481	644	4	such	such	DET
cblr-8481	644	5	an	an	DET
cblr-8481	644	6	expansion	expansion	NOUN
cblr-8481	644	7	of	of	ADP
cblr-8481	644	8	primary	primary	ADJ
cblr-8481	644	9	liability	liability	NOUN
cblr-8481	644	10	would	would	AUX
cblr-8481	644	11	also	also	ADV
cblr-8481	644	12	contravene	contravene	VERB
cblr-8481	644	13	congress	congress	PROPN
cblr-8481	644	14	’s	’s	PART
cblr-8481	644	15	will	will	NOUN
cblr-8481	644	16	,	,	PUNCT
cblr-8481	644	17	given	give	VERB
cblr-8481	644	18	that	that	SCONJ
cblr-8481	644	19	the	the	DET
cblr-8481	644	20	pslra	pslra	NOUN
cblr-8481	644	21	was	be	AUX
cblr-8481	644	22	passed	pass	VERB
cblr-8481	644	23	in	in	ADP
cblr-8481	644	24	order	order	NOUN
cblr-8481	644	25	both	both	PRON
cblr-8481	644	26	to	to	PART
cblr-8481	644	27	reduce	reduce	VERB
cblr-8481	644	28	the	the	DET
cblr-8481	644	29	incidence	incidence	NOUN
cblr-8481	644	30	of	of	ADP
cblr-8481	644	31	frivolous	frivolous	ADJ
cblr-8481	644	32	litigation	litigation	NOUN
cblr-8481	644	33	and	and	CCONJ
cblr-8481	644	34	to	to	PART
cblr-8481	644	35	provide	provide	VERB
cblr-8481	644	36	the	the	DET
cblr-8481	644	37	sec	sec	PROPN
cblr-8481	644	38	with	with	ADP
cblr-8481	644	39	the	the	DET
cblr-8481	644	40	sole	sole	ADJ
cblr-8481	644	41	authority	authority	NOUN
cblr-8481	644	42	to	to	PART
cblr-8481	644	43	bring	bring	VERB
cblr-8481	644	44	aiding	aid	VERB
cblr-8481	644	45	and	and	CCONJ
cblr-8481	644	46	abetting	abet	VERB
cblr-8481	644	47	suits	suit	NOUN
cblr-8481	644	48	under	under	ADP
cblr-8481	644	49	section	section	NOUN
cblr-8481	644	50	20(e).144	20(e).144	NUM
cblr-8481	644	51	there	there	PRON
cblr-8481	644	52	are	be	VERB
cblr-8481	644	53	,	,	PUNCT
cblr-8481	644	54	of	of	ADP
cblr-8481	644	55	course	course	NOUN
cblr-8481	644	56	,	,	PUNCT
cblr-8481	644	57	arguments	argument	NOUN
cblr-8481	644	58	that	that	SCONJ
cblr-8481	644	59	central	central	ADJ
cblr-8481	644	60	bank	bank	NOUN
cblr-8481	644	61	and	and	CCONJ
cblr-8481	644	62	the	the	DET
cblr-8481	644	63	pslra	pslra	NOUN
cblr-8481	644	64	alike	alike	ADV
cblr-8481	644	65	had	have	AUX
cblr-8481	644	66	negative	negative	ADJ
cblr-8481	644	67	consequences145	consequences145	PROPN
cblr-8481	644	68	and	and	CCONJ
cblr-8481	644	69	that	that	PRON
cblr-8481	644	70	adopting	adopt	VERB
cblr-8481	644	71	a	a	DET
cblr-8481	644	72	substantial	substantial	ADJ
cblr-8481	644	73	participation	participation	NOUN
cblr-8481	644	74	standard	standard	NOUN
cblr-8481	644	75	would	would	AUX
cblr-8481	644	76	“	"	PUNCT
cblr-8481	644	77	provide	provide	VERB
cblr-8481	644	78	investors	investor	NOUN
cblr-8481	644	79	with	with	ADP
cblr-8481	644	80	the	the	DET
cblr-8481	644	81	most	most	ADJ
cblr-8481	644	82	avenues	avenue	NOUN
cblr-8481	644	83	to	to	PART
cblr-8481	644	84	pursue	pursue	VERB
cblr-8481	644	85	when	when	SCONJ
cblr-8481	644	86	they	they	PRON
cblr-8481	644	87	seek	seek	VERB
cblr-8481	644	88	redress	redress	NOUN
cblr-8481	644	89	for	for	ADP
cblr-8481	644	90	securities	security	NOUN
cblr-8481	644	91	fraud	fraud	NOUN
cblr-8481	644	92	.	.	PUNCT
cblr-8481	644	93	.	.	PUNCT
cblr-8481	644	94	.	.	PUNCT
cblr-8481	644	95	.	.	PUNCT
cblr-8481	645	1	[	[	X
cblr-8481	645	2	and	and	CCONJ
cblr-8481	645	3	]	]	X
cblr-8481	645	4	would	would	AUX
cblr-8481	645	5	best	well	ADV
cblr-8481	645	6	deter	deter	VERB
cblr-8481	645	7	outside	outside	ADP
cblr-8481	645	8	advisers	adviser	NOUN
cblr-8481	645	9	from	from	ADP
cblr-8481	645	10	engaging	engage	VERB
cblr-8481	645	11	in	in	ADP
cblr-8481	645	12	shenanigans	shenanigan	NOUN
cblr-8481	645	13	that	that	PRON
cblr-8481	645	14	harm	harm	VERB
cblr-8481	645	15	142	142	NUM
cblr-8481	645	16	lorenzo	lorenzo	NOUN
cblr-8481	645	17	v.	v.	ADP
cblr-8481	645	18	sec	sec	PROPN
cblr-8481	645	19	,	,	PUNCT
cblr-8481	645	20	139	139	NUM
cblr-8481	645	21	s.	s.	PROPN
cblr-8481	645	22	ct	ct	PROPN
cblr-8481	645	23	.	.	PROPN
cblr-8481	645	24	1094	1094	NUM
cblr-8481	645	25	,	,	PUNCT
cblr-8481	645	26	1104	1104	NUM
cblr-8481	645	27	(	(	PUNCT
cblr-8481	645	28	2019	2019	NUM
cblr-8481	645	29	)	)	PUNCT
cblr-8481	645	30	.	.	PUNCT
cblr-8481	646	1	143	143	NUM
cblr-8481	646	2	cent	cent	NOUN
cblr-8481	646	3	.	.	PUNCT
cblr-8481	647	1	bank	bank	PROPN
cblr-8481	647	2	of	of	ADP
cblr-8481	647	3	denver	denver	PROPN
cblr-8481	647	4	v.	v.	CCONJ
cblr-8481	647	5	first	first	PROPN
cblr-8481	647	6	interstate	interstate	PROPN
cblr-8481	647	7	bank	bank	PROPN
cblr-8481	647	8	of	of	ADP
cblr-8481	647	9	denver	denver	PROPN
cblr-8481	647	10	,	,	PUNCT
cblr-8481	647	11	511	511	NUM
cblr-8481	647	12	u.s	u.s	PROPN
cblr-8481	647	13	.	.	PROPN
cblr-8481	647	14	164	164	NUM
cblr-8481	647	15	,	,	PUNCT
cblr-8481	647	16	188	188	NUM
cblr-8481	647	17	(	(	PUNCT
cblr-8481	647	18	1994	1994	NUM
cblr-8481	647	19	)	)	PUNCT
cblr-8481	647	20	(	(	PUNCT
cblr-8481	647	21	quoting	quote	VERB
cblr-8481	647	22	pinter	pinter	NOUN
cblr-8481	647	23	v.	v.	ADP
cblr-8481	647	24	dahl	dahl	PROPN
cblr-8481	647	25	,	,	PUNCT
cblr-8481	647	26	486	486	NUM
cblr-8481	647	27	u.s	u.s	PROPN
cblr-8481	647	28	.	.	PROPN
cblr-8481	647	29	622	622	NUM
cblr-8481	647	30	,	,	PUNCT
cblr-8481	647	31	652	652	NUM
cblr-8481	647	32	(	(	PUNCT
cblr-8481	647	33	1988	1988	NUM
cblr-8481	647	34	)	)	PUNCT
cblr-8481	647	35	)	)	PUNCT
cblr-8481	647	36	.	.	PUNCT
cblr-8481	648	1	144	144	NUM
cblr-8481	648	2	see	see	VERB
cblr-8481	648	3	supra	supra	PROPN
cblr-8481	648	4	notes	note	NOUN
cblr-8481	648	5	31–34	31–34	NUM
cblr-8481	648	6	and	and	CCONJ
cblr-8481	648	7	accompanying	accompany	VERB
cblr-8481	648	8	text	text	NOUN
cblr-8481	648	9	.	.	PUNCT
cblr-8481	649	1	145	145	NUM
cblr-8481	649	2	for	for	ADP
cblr-8481	649	3	example	example	NOUN
cblr-8481	649	4	,	,	PUNCT
cblr-8481	649	5	some	some	DET
cblr-8481	649	6	scholars	scholar	NOUN
cblr-8481	649	7	have	have	VERB
cblr-8481	649	8	“	"	PUNCT
cblr-8481	649	9	charge[d	charge[d	NOUN
cblr-8481	649	10	]	]	PUNCT
cblr-8481	649	11	that	that	SCONJ
cblr-8481	649	12	restrictions	restriction	NOUN
cblr-8481	649	13	on	on	ADP
cblr-8481	649	14	the	the	DET
cblr-8481	649	15	implied	imply	VERB
cblr-8481	649	16	right	right	NOUN
cblr-8481	649	17	imposed	impose	VERB
cblr-8481	649	18	by	by	ADP
cblr-8481	649	19	the	the	DET
cblr-8481	649	20	[	[	X
cblr-8481	649	21	pslra	pslra	NOUN
cblr-8481	649	22	]	]	PUNCT
cblr-8481	649	23	and	and	CCONJ
cblr-8481	649	24	decisions	decision	NOUN
cblr-8481	649	25	such	such	ADJ
cblr-8481	649	26	as	as	ADP
cblr-8481	649	27	[	[	X
cblr-8481	649	28	central	central	ADJ
cblr-8481	649	29	bank	bank	NOUN
cblr-8481	649	30	]	]	PUNCT
cblr-8481	649	31	,	,	PUNCT
cblr-8481	649	32	reaffirmed	reaffirm	VERB
cblr-8481	649	33	in	in	ADP
cblr-8481	649	34	stoneridge	stoneridge	PROPN
cblr-8481	649	35	,	,	PUNCT
cblr-8481	649	36	have	have	AUX
cblr-8481	649	37	led	lead	VERB
cblr-8481	649	38	to	to	ADP
cblr-8481	649	39	underdeterrence	underdeterrence	NOUN
cblr-8481	649	40	,	,	PUNCT
cblr-8481	649	41	contributing	contribute	VERB
cblr-8481	649	42	to	to	ADP
cblr-8481	649	43	a	a	DET
cblr-8481	649	44	climate	climate	NOUN
cblr-8481	649	45	of	of	ADP
cblr-8481	649	46	corporate	corporate	ADJ
cblr-8481	649	47	permissiveness	permissiveness	NOUN
cblr-8481	649	48	that	that	PRON
cblr-8481	649	49	led	lead	VERB
cblr-8481	649	50	to	to	ADP
cblr-8481	649	51	scandals	scandal	NOUN
cblr-8481	649	52	like	like	ADP
cblr-8481	649	53	enron	enron	PROPN
cblr-8481	649	54	and	and	CCONJ
cblr-8481	649	55	worldcom	worldcom	PROPN
cblr-8481	649	56	.	.	PUNCT
cblr-8481	649	57	”	"	PUNCT
cblr-8481	650	1	amanda	amanda	PROPN
cblr-8481	650	2	m.	m.	PROPN
cblr-8481	650	3	rose	rise	VERB
cblr-8481	650	4	,	,	PUNCT
cblr-8481	650	5	reforming	reform	VERB
cblr-8481	650	6	securities	security	NOUN
cblr-8481	650	7	litigation	litigation	NOUN
cblr-8481	650	8	reform	reform	NOUN
cblr-8481	650	9	:	:	PUNCT
cblr-8481	650	10	restructure	restructure	VERB
cblr-8481	650	11	the	the	DET
cblr-8481	650	12	relationship	relationship	NOUN
cblr-8481	650	13	between	between	ADP
cblr-8481	650	14	public	public	ADJ
cblr-8481	650	15	and	and	CCONJ
cblr-8481	650	16	private	private	ADJ
cblr-8481	650	17	enforcement	enforcement	NOUN
cblr-8481	650	18	of	of	ADP
cblr-8481	650	19	rule	rule	NOUN
cblr-8481	650	20	10b-5	10b-5	NUM
cblr-8481	650	21	,	,	PUNCT
cblr-8481	650	22	108	108	NUM
cblr-8481	650	23	colum	colum	NOUN
cblr-8481	650	24	.	.	PUNCT
cblr-8481	651	1	l.	l.	PROPN
cblr-8481	651	2	rev	rev	PROPN
cblr-8481	651	3	.	.	PROPN
cblr-8481	651	4	1301	1301	NUM
cblr-8481	651	5	,	,	PUNCT
cblr-8481	651	6	1303	1303	NUM
cblr-8481	651	7	(	(	PUNCT
cblr-8481	651	8	2008	2008	NUM
cblr-8481	651	9	)	)	PUNCT
cblr-8481	651	10	(	(	PUNCT
cblr-8481	651	11	footnotes	footnote	NOUN
cblr-8481	651	12	omitted	omit	VERB
cblr-8481	651	13	)	)	PUNCT
cblr-8481	651	14	.	.	PUNCT
cblr-8481	652	1	note	note	VERB
cblr-8481	652	2	lieberman	lieberman	PROPN
cblr-8481	652	3	6/13/2021	6/13/2021	NUM
cblr-8481	652	4	8:45	8:45	NUM
cblr-8481	652	5	pm	pm	NOUN
cblr-8481	652	6	386	386	NUM
cblr-8481	652	7	columbia	columbia	PROPN
cblr-8481	652	8	business	business	NOUN
cblr-8481	652	9	law	law	NOUN
cblr-8481	652	10	review	review	NOUN
cblr-8481	652	11	[	[	X
cblr-8481	652	12	vol	vol	NOUN
cblr-8481	652	13	.	.	PUNCT
cblr-8481	652	14	2021	2021	NUM
cblr-8481	652	15	unsuspecting	unsuspecting	ADJ
cblr-8481	652	16	investors	investor	NOUN
cblr-8481	652	17	in	in	ADP
cblr-8481	652	18	the	the	DET
cblr-8481	652	19	marketplace	marketplace	NOUN
cblr-8481	652	20	.	.	PUNCT
cblr-8481	652	21	”146	”146	PUNCT
cblr-8481	653	1	but	but	CCONJ
cblr-8481	653	2	such	such	DET
cblr-8481	653	3	a	a	DET
cblr-8481	653	4	remedy	remedy	NOUN
cblr-8481	653	5	would	would	AUX
cblr-8481	653	6	require	require	VERB
cblr-8481	653	7	congressional	congressional	ADJ
cblr-8481	653	8	action.147	action.147	NOUN
cblr-8481	653	9	by	by	ADP
cblr-8481	653	10	contrast	contrast	NOUN
cblr-8481	653	11	,	,	PUNCT
cblr-8481	653	12	the	the	DET
cblr-8481	653	13	creator	creator	NOUN
cblr-8481	653	14	standard	standard	NOUN
cblr-8481	653	15	fits	fit	VERB
cblr-8481	653	16	much	much	ADV
cblr-8481	653	17	more	more	ADV
cblr-8481	653	18	neatly	neatly	ADV
cblr-8481	653	19	into	into	ADP
cblr-8481	653	20	the	the	DET
cblr-8481	653	21	federal	federal	ADJ
cblr-8481	653	22	judicial	judicial	ADJ
cblr-8481	653	23	framework	framework	NOUN
cblr-8481	653	24	.	.	PUNCT
cblr-8481	654	1	it	it	PRON
cblr-8481	654	2	provides	provide	VERB
cblr-8481	654	3	a	a	DET
cblr-8481	654	4	more	more	ADV
cblr-8481	654	5	restrictive	restrictive	ADJ
cblr-8481	654	6	test	test	NOUN
cblr-8481	654	7	for	for	ADP
cblr-8481	654	8	determining	determine	VERB
cblr-8481	654	9	primary	primary	ADJ
cblr-8481	654	10	liability	liability	NOUN
cblr-8481	654	11	than	than	ADP
cblr-8481	654	12	the	the	DET
cblr-8481	654	13	substantial	substantial	ADJ
cblr-8481	654	14	participation	participation	NOUN
cblr-8481	654	15	test	test	NOUN
cblr-8481	654	16	by	by	ADP
cblr-8481	654	17	confining	confine	VERB
cblr-8481	654	18	it	it	PRON
cblr-8481	654	19	to	to	ADP
cblr-8481	654	20	situations	situation	NOUN
cblr-8481	654	21	where	where	SCONJ
cblr-8481	654	22	,	,	PUNCT
cblr-8481	654	23	on	on	ADP
cblr-8481	654	24	top	top	NOUN
cblr-8481	654	25	of	of	ADP
cblr-8481	654	26	pleading	plead	VERB
cblr-8481	654	27	requirements	requirement	NOUN
cblr-8481	654	28	,	,	PUNCT
cblr-8481	654	29	there	there	PRON
cblr-8481	654	30	is	be	VERB
cblr-8481	654	31	awareness	awareness	NOUN
cblr-8481	654	32	of	of	ADP
cblr-8481	654	33	the	the	DET
cblr-8481	654	34	misrepresentation	misrepresentation	NOUN
cblr-8481	654	35	,	,	PUNCT
cblr-8481	654	36	authorship	authorship	NOUN
cblr-8481	654	37	,	,	PUNCT
cblr-8481	654	38	and	and	CCONJ
cblr-8481	654	39	knowledge	knowledge	NOUN
cblr-8481	654	40	of	of	ADP
cblr-8481	654	41	reliance	reliance	NOUN
cblr-8481	654	42	(	(	PUNCT
cblr-8481	654	43	although	although	SCONJ
cblr-8481	654	44	such	such	ADJ
cblr-8481	654	45	knowledge	knowledge	NOUN
cblr-8481	654	46	would	would	AUX
cblr-8481	654	47	not	not	PART
cblr-8481	654	48	override	override	VERB
cblr-8481	654	49	plaintiffs	plaintiff	NOUN
cblr-8481	654	50	’	'	PUNCT
cblr-8481	654	51	need	need	VERB
cblr-8481	654	52	to	to	PART
cblr-8481	654	53	demonstrate	demonstrate	VERB
cblr-8481	654	54	reliance	reliance	NOUN
cblr-8481	654	55	)	)	PUNCT
cblr-8481	654	56	.	.	PUNCT
cblr-8481	655	1	this	this	PRON
cblr-8481	655	2	would	would	AUX
cblr-8481	655	3	mean	mean	VERB
cblr-8481	655	4	that	that	SCONJ
cblr-8481	655	5	only	only	ADV
cblr-8481	655	6	those	those	PRON
cblr-8481	655	7	who	who	PRON
cblr-8481	655	8	could	could	AUX
cblr-8481	655	9	be	be	AUX
cblr-8481	655	10	considered	consider	VERB
cblr-8481	655	11	authors	author	NOUN
cblr-8481	655	12	would	would	AUX
cblr-8481	655	13	be	be	AUX
cblr-8481	655	14	liable	liable	ADJ
cblr-8481	655	15	for	for	ADP
cblr-8481	655	16	their	their	PRON
cblr-8481	655	17	participation	participation	NOUN
cblr-8481	655	18	in	in	ADP
cblr-8481	655	19	a	a	DET
cblr-8481	655	20	scheme	scheme	NOUN
cblr-8481	655	21	,	,	PUNCT
cblr-8481	655	22	ensuring	ensure	VERB
cblr-8481	655	23	that	that	SCONJ
cblr-8481	655	24	claims	claim	NOUN
cblr-8481	655	25	against	against	ADP
cblr-8481	655	26	lesser	less	ADJ
cblr-8481	655	27	participants	participant	NOUN
cblr-8481	655	28	would	would	AUX
cblr-8481	655	29	still	still	ADV
cblr-8481	655	30	be	be	AUX
cblr-8481	655	31	litigated	litigate	VERB
cblr-8481	655	32	under	under	ADP
cblr-8481	655	33	section	section	NOUN
cblr-8481	655	34	20(e	20(e	NUM
cblr-8481	655	35	)	)	PUNCT
cblr-8481	655	36	.	.	PUNCT
cblr-8481	656	1	such	such	DET
cblr-8481	656	2	an	an	DET
cblr-8481	656	3	approach	approach	NOUN
cblr-8481	656	4	would	would	AUX
cblr-8481	656	5	serve	serve	VERB
cblr-8481	656	6	as	as	ADP
cblr-8481	656	7	a	a	DET
cblr-8481	656	8	balance	balance	NOUN
cblr-8481	656	9	between	between	ADP
cblr-8481	656	10	the	the	DET
cblr-8481	656	11	stringency	stringency	NOUN
cblr-8481	656	12	of	of	ADP
cblr-8481	656	13	the	the	DET
cblr-8481	656	14	janus	janus	PROPN
cblr-8481	656	15	test	test	NOUN
cblr-8481	656	16	,	,	PUNCT
cblr-8481	656	17	which	which	PRON
cblr-8481	656	18	fails	fail	VERB
cblr-8481	656	19	to	to	PART
cblr-8481	656	20	include	include	VERB
cblr-8481	656	21	genuinely	genuinely	ADV
cblr-8481	656	22	fraudulent	fraudulent	ADJ
cblr-8481	656	23	behavior	behavior	NOUN
cblr-8481	656	24	,	,	PUNCT
cblr-8481	656	25	and	and	CCONJ
cblr-8481	656	26	the	the	DET
cblr-8481	656	27	lack	lack	NOUN
cblr-8481	656	28	of	of	ADP
cblr-8481	656	29	clarity	clarity	NOUN
cblr-8481	656	30	presented	present	VERB
cblr-8481	656	31	by	by	ADP
cblr-8481	656	32	the	the	DET
cblr-8481	656	33	substantial	substantial	ADJ
cblr-8481	656	34	participation	participation	NOUN
cblr-8481	656	35	test	test	NOUN
cblr-8481	656	36	.	.	PUNCT
cblr-8481	657	1	b.	b.	PROPN
cblr-8481	658	1	the	the	DET
cblr-8481	658	2	textual	textual	ADJ
cblr-8481	658	3	justification	justification	NOUN
cblr-8481	658	4	from	from	ADP
cblr-8481	658	5	lorenzo	lorenzo	NOUN
cblr-8481	658	6	for	for	ADP
cblr-8481	658	7	adopting	adopt	VERB
cblr-8481	658	8	the	the	DET
cblr-8481	658	9	test	test	NOUN
cblr-8481	658	10	although	although	SCONJ
cblr-8481	658	11	the	the	DET
cblr-8481	658	12	debate	debate	NOUN
cblr-8481	658	13	regarding	regard	VERB
cblr-8481	658	14	which	which	DET
cblr-8481	658	15	test	test	NOUN
cblr-8481	658	16	to	to	PART
cblr-8481	658	17	adopt	adopt	VERB
cblr-8481	658	18	for	for	ADP
cblr-8481	658	19	10b5(b	10b5(b	NUM
cblr-8481	658	20	)	)	PUNCT
cblr-8481	658	21	liability	liability	NOUN
cblr-8481	658	22	was	be	AUX
cblr-8481	658	23	settled	settle	VERB
cblr-8481	658	24	by	by	ADP
cblr-8481	658	25	the	the	DET
cblr-8481	658	26	court	court	NOUN
cblr-8481	658	27	’s	’s	PART
cblr-8481	658	28	adoption	adoption	NOUN
cblr-8481	658	29	of	of	ADP
cblr-8481	658	30	the	the	DET
cblr-8481	658	31	brightline	brightline	NOUN
cblr-8481	658	32	standard	standard	NOUN
cblr-8481	658	33	in	in	ADP
cblr-8481	658	34	janus	janus	PROPN
cblr-8481	658	35	,	,	PUNCT
cblr-8481	658	36	that	that	PRON
cblr-8481	658	37	does	do	AUX
cblr-8481	658	38	not	not	PART
cblr-8481	658	39	mean	mean	VERB
cblr-8481	658	40	that	that	SCONJ
cblr-8481	658	41	the	the	DET
cblr-8481	658	42	scheme	scheme	NOUN
cblr-8481	658	43	liability	liability	NOUN
cblr-8481	658	44	provisions	provision	NOUN
cblr-8481	658	45	must	must	AUX
cblr-8481	658	46	be	be	AUX
cblr-8481	658	47	interpreted	interpret	VERB
cblr-8481	658	48	in	in	ADP
cblr-8481	658	49	the	the	DET
cblr-8481	658	50	same	same	ADJ
cblr-8481	658	51	way	way	NOUN
cblr-8481	658	52	.	.	PUNCT
cblr-8481	659	1	given	give	VERB
cblr-8481	659	2	the	the	DET
cblr-8481	659	3	broader	broad	ADJ
cblr-8481	659	4	language	language	NOUN
cblr-8481	659	5	present	present	ADJ
cblr-8481	659	6	within	within	ADP
cblr-8481	659	7	the	the	DET
cblr-8481	659	8	scheme	scheme	NOUN
cblr-8481	659	9	liability	liability	NOUN
cblr-8481	659	10	provisions	provision	NOUN
cblr-8481	659	11	,	,	PUNCT
cblr-8481	659	12	the	the	DET
cblr-8481	659	13	test	test	NOUN
cblr-8481	659	14	utilized	utilize	VERB
cblr-8481	659	15	for	for	ADP
cblr-8481	659	16	scheme	scheme	NOUN
cblr-8481	659	17	liability	liability	NOUN
cblr-8481	659	18	could	could	AUX
cblr-8481	659	19	plausibly	plausibly	ADV
cblr-8481	659	20	differ	differ	VERB
cblr-8481	659	21	from	from	ADP
cblr-8481	659	22	that	that	PRON
cblr-8481	659	23	used	use	VERB
cblr-8481	659	24	in	in	ADP
cblr-8481	659	25	subsection	subsection	NOUN
cblr-8481	659	26	(	(	PUNCT
cblr-8481	659	27	b	b	NOUN
cblr-8481	659	28	)	)	PUNCT
cblr-8481	659	29	.	.	PUNCT
cblr-8481	660	1	in	in	ADP
cblr-8481	660	2	this	this	DET
cblr-8481	660	3	reading	reading	NOUN
cblr-8481	660	4	,	,	PUNCT
cblr-8481	660	5	10b-5(b	10b-5(b	NUM
cblr-8481	660	6	)	)	PUNCT
cblr-8481	660	7	is	be	AUX
cblr-8481	660	8	meant	mean	VERB
cblr-8481	660	9	to	to	PART
cblr-8481	660	10	cover	cover	VERB
cblr-8481	660	11	a	a	DET
cblr-8481	660	12	specific	specific	ADJ
cblr-8481	660	13	subset	subset	NOUN
cblr-8481	660	14	of	of	ADP
cblr-8481	660	15	fraudulent	fraudulent	ADJ
cblr-8481	660	16	activity	activity	NOUN
cblr-8481	660	17	by	by	ADP
cblr-8481	660	18	those	those	PRON
cblr-8481	660	19	with	with	ADP
cblr-8481	660	20	“	"	PUNCT
cblr-8481	660	21	ultimate	ultimate	ADJ
cblr-8481	660	22	control	control	NOUN
cblr-8481	660	23	”	"	PUNCT
cblr-8481	660	24	over	over	ADP
cblr-8481	660	25	misstatements,148	misstatements,148	NOUN
cblr-8481	660	26	while	while	SCONJ
cblr-8481	660	27	the	the	DET
cblr-8481	660	28	scheme	scheme	NOUN
cblr-8481	660	29	liability	liability	NOUN
cblr-8481	660	30	provisions	provision	NOUN
cblr-8481	660	31	cover	cover	VERB
cblr-8481	660	32	a	a	DET
cblr-8481	660	33	broader	broad	ADJ
cblr-8481	660	34	category	category	NOUN
cblr-8481	660	35	of	of	ADP
cblr-8481	660	36	conduct	conduct	NOUN
cblr-8481	660	37	.	.	PUNCT
cblr-8481	661	1	subsection	subsection	NOUN
cblr-8481	661	2	10b-5(a	10b-5(a	NUM
cblr-8481	661	3	)	)	PUNCT
cblr-8481	661	4	,	,	PUNCT
cblr-8481	661	5	which	which	PRON
cblr-8481	661	6	outlaws	outlaw	NOUN
cblr-8481	661	7	“	"	PUNCT
cblr-8481	661	8	employ[ing	employ[e	VERB
cblr-8481	661	9	]	]	PUNCT
cblr-8481	661	10	any	any	DET
cblr-8481	661	11	device	device	NOUN
cblr-8481	661	12	,	,	PUNCT
cblr-8481	661	13	scheme	scheme	NOUN
cblr-8481	661	14	,	,	PUNCT
cblr-8481	661	15	or	or	CCONJ
cblr-8481	661	16	artifice	artifice	VERB
cblr-8481	661	17	to	to	ADP
cblr-8481	661	18	146	146	NUM
cblr-8481	661	19	cosenza	cosenza	NOUN
cblr-8481	661	20	,	,	PUNCT
cblr-8481	661	21	supra	supra	PROPN
cblr-8481	661	22	note	note	PROPN
cblr-8481	661	23	134	134	NUM
cblr-8481	661	24	,	,	PUNCT
cblr-8481	661	25	at	at	ADP
cblr-8481	661	26	1077–78	1077–78	NUM
cblr-8481	661	27	(	(	PUNCT
cblr-8481	661	28	footnote	footnote	NOUN
cblr-8481	661	29	omitted	omit	VERB
cblr-8481	661	30	)	)	PUNCT
cblr-8481	661	31	.	.	PUNCT
cblr-8481	662	1	147	147	NUM
cblr-8481	662	2	elizabeth	elizabeth	PROPN
cblr-8481	662	3	cosenza	cosenza	PROPN
cblr-8481	662	4	in	in	ADP
cblr-8481	662	5	fact	fact	NOUN
cblr-8481	662	6	advocates	advocate	VERB
cblr-8481	662	7	for	for	ADP
cblr-8481	662	8	a	a	DET
cblr-8481	662	9	legislative	legislative	ADJ
cblr-8481	662	10	remedy	remedy	NOUN
cblr-8481	662	11	utilizing	utilize	VERB
cblr-8481	662	12	the	the	DET
cblr-8481	662	13	substantial	substantial	ADJ
cblr-8481	662	14	participation	participation	NOUN
cblr-8481	662	15	standard	standard	NOUN
cblr-8481	662	16	,	,	PUNCT
cblr-8481	662	17	but	but	CCONJ
cblr-8481	662	18	legislative	legislative	ADJ
cblr-8481	662	19	solutions	solution	NOUN
cblr-8481	662	20	are	be	AUX
cblr-8481	662	21	outside	outside	ADP
cblr-8481	662	22	the	the	DET
cblr-8481	662	23	bounds	bound	NOUN
cblr-8481	662	24	of	of	ADP
cblr-8481	662	25	this	this	DET
cblr-8481	662	26	analysis	analysis	NOUN
cblr-8481	662	27	,	,	PUNCT
cblr-8481	662	28	which	which	PRON
cblr-8481	662	29	is	be	AUX
cblr-8481	662	30	confined	confine	VERB
cblr-8481	662	31	to	to	ADP
cblr-8481	662	32	the	the	DET
cblr-8481	662	33	judiciary	judiciary	NOUN
cblr-8481	662	34	.	.	PUNCT
cblr-8481	663	1	see	see	VERB
cblr-8481	663	2	i	i	PRON
cblr-8481	663	3	d.	d.	PROPN
cblr-8481	663	4	at	at	ADP
cblr-8481	663	5	1075–82	1075–82	NUM
cblr-8481	663	6	.	.	PUNCT
cblr-8481	664	1	148	148	NUM
cblr-8481	664	2	see	see	VERB
cblr-8481	664	3	17	17	NUM
cblr-8481	664	4	c.f.r	c.f.r	NOUN
cblr-8481	664	5	.	.	PUNCT
cblr-8481	665	1	§	§	PROPN
cblr-8481	665	2	240.10b-5(b	240.10b-5(b	NUM
cblr-8481	665	3	)	)	PUNCT
cblr-8481	665	4	(	(	PUNCT
cblr-8481	665	5	2020	2020	NUM
cblr-8481	665	6	)	)	PUNCT
cblr-8481	665	7	.	.	PUNCT
cblr-8481	666	1	note	note	NOUN
cblr-8481	666	2	–	–	PUNCT
cblr-8481	666	3	lieberman	lieberman	PROPN
cblr-8481	667	1	6/13/2021	6/13/2021	NUM
cblr-8481	667	2	8:45	8:45	NUM
cblr-8481	667	3	pm	pm	NOUN
cblr-8481	667	4	no	no	INTJ
cblr-8481	667	5	.	.	PUNCT
cblr-8481	668	1	1:352	1:352	NUM
cblr-8481	668	2	]	]	X
cblr-8481	668	3	lorenzo	lorenzo	PROPN
cblr-8481	668	4	v.	v.	ADP
cblr-8481	668	5	sec	sec	PROPN
cblr-8481	668	6	and	and	CCONJ
cblr-8481	668	7	the	the	DET
cblr-8481	668	8	expansion	expansion	NOUN
cblr-8481	668	9	of	of	ADP
cblr-8481	668	10	scheme	scheme	NOUN
cblr-8481	668	11	liability	liability	NOUN
cblr-8481	668	12	387	387	NUM
cblr-8481	668	13	defraud,”149	defraud,”149	NOUN
cblr-8481	668	14	is	be	AUX
cblr-8481	668	15	meant	mean	VERB
cblr-8481	668	16	to	to	PART
cblr-8481	668	17	cover	cover	VERB
cblr-8481	668	18	those	those	PRON
cblr-8481	668	19	who	who	PRON
cblr-8481	668	20	engage	engage	VERB
cblr-8481	668	21	in	in	ADP
cblr-8481	668	22	conduct	conduct	NOUN
cblr-8481	668	23	that	that	PRON
cblr-8481	668	24	could	could	AUX
cblr-8481	668	25	be	be	AUX
cblr-8481	668	26	considered	consider	VERB
cblr-8481	668	27	(	(	PUNCT
cblr-8481	668	28	per	per	ADP
cblr-8481	668	29	lorenzo	lorenzo	NOUN
cblr-8481	668	30	)	)	PUNCT
cblr-8481	668	31	“	"	PUNCT
cblr-8481	668	32	an	an	DET
cblr-8481	668	33	‘	'	PUNCT
cblr-8481	668	34	artful	artful	ADJ
cblr-8481	668	35	stratagem	stratagem	NOUN
cblr-8481	668	36	’	'	PUNCT
cblr-8481	668	37	or	or	CCONJ
cblr-8481	668	38	‘	'	PUNCT
cblr-8481	668	39	a	a	DET
cblr-8481	668	40	plan	plan	NOUN
cblr-8481	668	41	,	,	PUNCT
cblr-8481	668	42	’	'	PUNCT
cblr-8481	668	43	‘	'	PUNCT
cblr-8481	668	44	devised	devise	VERB
cblr-8481	668	45	’	'	PUNCT
cblr-8481	668	46	to	to	PART
cblr-8481	668	47	defraud	defraud	VERB
cblr-8481	668	48	an	an	DET
cblr-8481	668	49	investor	investor	NOUN
cblr-8481	668	50	.	.	PUNCT
cblr-8481	668	51	”150	”150	PROPN
cblr-8481	668	52	and	and	CCONJ
cblr-8481	668	53	10b-5(c	10b-5(c	NUM
cblr-8481	668	54	)	)	PUNCT
cblr-8481	668	55	—	—	PUNCT
cblr-8481	668	56	which	which	PRON
cblr-8481	668	57	prohibits	prohibit	VERB
cblr-8481	668	58	“	"	PUNCT
cblr-8481	668	59	engag[ing	engag[e	VERB
cblr-8481	668	60	]	]	PUNCT
cblr-8481	668	61	in	in	ADP
cblr-8481	668	62	any	any	DET
cblr-8481	668	63	act	act	NOUN
cblr-8481	668	64	,	,	PUNCT
cblr-8481	668	65	practice	practice	NOUN
cblr-8481	668	66	,	,	PUNCT
cblr-8481	668	67	or	or	CCONJ
cblr-8481	668	68	course	course	NOUN
cblr-8481	668	69	of	of	ADP
cblr-8481	668	70	business	business	NOUN
cblr-8481	668	71	which	which	PRON
cblr-8481	668	72	operates	operate	VERB
cblr-8481	668	73	or	or	CCONJ
cblr-8481	668	74	would	would	AUX
cblr-8481	668	75	operate	operate	VERB
cblr-8481	668	76	as	as	ADP
cblr-8481	668	77	a	a	DET
cblr-8481	668	78	fraud	fraud	NOUN
cblr-8481	668	79	or	or	CCONJ
cblr-8481	668	80	deceit	deceit	NOUN
cblr-8481	668	81	upon	upon	SCONJ
cblr-8481	668	82	any	any	DET
cblr-8481	668	83	person”151	person”151	NOUN
cblr-8481	668	84	—	—	PUNCT
cblr-8481	668	85	covers	cover	VERB
cblr-8481	668	86	“	"	PUNCT
cblr-8481	668	87	a	a	DET
cblr-8481	668	88	thing	thing	NOUN
cblr-8481	668	89	done	do	VERB
cblr-8481	668	90	”	"	PUNCT
cblr-8481	668	91	or	or	CCONJ
cblr-8481	668	92	a	a	DET
cblr-8481	668	93	“	"	PUNCT
cblr-8481	668	94	deed	deed	NOUN
cblr-8481	668	95	”	"	PUNCT
cblr-8481	668	96	that	that	PRON
cblr-8481	668	97	“	"	PUNCT
cblr-8481	668	98	operates	operate	VERB
cblr-8481	668	99	.	.	PUNCT
cblr-8481	668	100	.	.	PUNCT
cblr-8481	669	1	.	.	PUNCT
cblr-8481	670	1	as	as	ADP
cblr-8481	670	2	a	a	DET
cblr-8481	670	3	fraud	fraud	NOUN
cblr-8481	670	4	or	or	CCONJ
cblr-8481	670	5	deceit	deceit	NOUN
cblr-8481	670	6	.	.	PUNCT
cblr-8481	671	1	”152	”152	VERB
cblr-8481	671	2	the	the	DET
cblr-8481	671	3	above	above	ADJ
cblr-8481	671	4	definitions	definition	NOUN
cblr-8481	671	5	of	of	ADP
cblr-8481	671	6	fraudulent	fraudulent	ADJ
cblr-8481	671	7	conduct	conduct	NOUN
cblr-8481	671	8	are	be	AUX
cblr-8481	671	9	broad	broad	ADJ
cblr-8481	671	10	enough	enough	ADV
cblr-8481	671	11	to	to	PART
cblr-8481	671	12	encompass	encompass	VERB
cblr-8481	671	13	those	those	PRON
cblr-8481	671	14	who	who	PRON
cblr-8481	671	15	actually	actually	ADV
cblr-8481	671	16	draft	draft	VERB
cblr-8481	671	17	and	and	CCONJ
cblr-8481	671	18	create	create	VERB
cblr-8481	671	19	misstatements	misstatement	NOUN
cblr-8481	671	20	.	.	PUNCT
cblr-8481	672	1	admittedly	admittedly	ADV
cblr-8481	672	2	,	,	PUNCT
cblr-8481	672	3	justice	justice	NOUN
cblr-8481	672	4	breyer	breyer	NOUN
cblr-8481	672	5	addressed	address	VERB
cblr-8481	672	6	this	this	DET
cblr-8481	672	7	issue	issue	NOUN
cblr-8481	672	8	in	in	ADP
cblr-8481	672	9	lorenzo	lorenzo	NOUN
cblr-8481	672	10	by	by	ADP
cblr-8481	672	11	noting	note	VERB
cblr-8481	672	12	that	that	SCONJ
cblr-8481	672	13	“	"	PUNCT
cblr-8481	672	14	we	we	PRON
cblr-8481	672	15	can	can	AUX
cblr-8481	672	16	assume	assume	VERB
cblr-8481	672	17	that	that	SCONJ
cblr-8481	672	18	janus	janus	PROPN
cblr-8481	672	19	would	would	AUX
cblr-8481	672	20	remain	remain	VERB
cblr-8481	672	21	relevant	relevant	ADJ
cblr-8481	672	22	(	(	PUNCT
cblr-8481	672	23	and	and	CCONJ
cblr-8481	672	24	preclude	preclude	VERB
cblr-8481	672	25	liability	liability	NOUN
cblr-8481	672	26	)	)	PUNCT
cblr-8481	672	27	where	where	SCONJ
cblr-8481	672	28	an	an	DET
cblr-8481	672	29	individual	individual	NOUN
cblr-8481	672	30	neither	neither	CCONJ
cblr-8481	672	31	makes	make	VERB
cblr-8481	672	32	nor	nor	CCONJ
cblr-8481	672	33	disseminates	disseminate	VERB
cblr-8481	672	34	false	false	ADJ
cblr-8481	672	35	information	information	NOUN
cblr-8481	672	36	—	—	PUNCT
cblr-8481	672	37	provided	provide	VERB
cblr-8481	672	38	,	,	PUNCT
cblr-8481	672	39	of	of	ADP
cblr-8481	672	40	course	course	NOUN
cblr-8481	672	41	,	,	PUNCT
cblr-8481	672	42	that	that	SCONJ
cblr-8481	672	43	the	the	DET
cblr-8481	672	44	individual	individual	NOUN
cblr-8481	672	45	is	be	AUX
cblr-8481	672	46	not	not	PART
cblr-8481	672	47	involved	involve	VERB
cblr-8481	672	48	in	in	ADP
cblr-8481	672	49	some	some	DET
cblr-8481	672	50	other	other	ADJ
cblr-8481	672	51	form	form	NOUN
cblr-8481	672	52	of	of	ADP
cblr-8481	672	53	fraud	fraud	NOUN
cblr-8481	672	54	.	.	PUNCT
cblr-8481	672	55	”153	”153	NOUN
cblr-8481	673	1	but	but	CCONJ
cblr-8481	673	2	the	the	DET
cblr-8481	673	3	assumption	assumption	NOUN
cblr-8481	673	4	he	he	PRON
cblr-8481	673	5	made	make	VERB
cblr-8481	673	6	is	be	AUX
cblr-8481	673	7	quite	quite	ADV
cblr-8481	673	8	arbitrary	arbitrary	ADJ
cblr-8481	673	9	—	—	PUNCT
cblr-8481	673	10	an	an	DET
cblr-8481	673	11	attempt	attempt	NOUN
cblr-8481	673	12	,	,	PUNCT
cblr-8481	673	13	without	without	ADP
cblr-8481	673	14	an	an	DET
cblr-8481	673	15	explanation	explanation	NOUN
cblr-8481	673	16	,	,	PUNCT
cblr-8481	673	17	to	to	PART
cblr-8481	673	18	mollify	mollify	VERB
cblr-8481	673	19	concerns	concern	NOUN
cblr-8481	673	20	about	about	ADP
cblr-8481	673	21	janus	janus	PROPN
cblr-8481	673	22	being	be	AUX
cblr-8481	673	23	nullified	nullify	VERB
cblr-8481	673	24	.	.	PUNCT
cblr-8481	674	1	even	even	ADV
cblr-8481	674	2	the	the	DET
cblr-8481	674	3	word	word	NOUN
cblr-8481	674	4	“	"	PUNCT
cblr-8481	674	5	assume	assume	NOUN
cblr-8481	674	6	”	"	PUNCT
cblr-8481	674	7	seems	seem	VERB
cblr-8481	674	8	to	to	PART
cblr-8481	674	9	suggest	suggest	VERB
cblr-8481	674	10	acquiescence	acquiescence	NOUN
cblr-8481	674	11	without	without	ADP
cblr-8481	674	12	justification	justification	NOUN
cblr-8481	674	13	,	,	PUNCT
cblr-8481	674	14	which	which	PRON
cblr-8481	674	15	makes	make	VERB
cblr-8481	674	16	sense	sense	NOUN
cblr-8481	674	17	given	give	VERB
cblr-8481	674	18	that	that	SCONJ
cblr-8481	674	19	justice	justice	NOUN
cblr-8481	674	20	breyer	breyer	NOUN
cblr-8481	674	21	wrote	write	VERB
cblr-8481	674	22	the	the	DET
cblr-8481	674	23	dissent	dissent	NOUN
cblr-8481	674	24	in	in	ADP
cblr-8481	674	25	janus	janus	PROPN
cblr-8481	674	26	.	.	PUNCT
cblr-8481	675	1	there	there	PRON
cblr-8481	675	2	is	be	VERB
cblr-8481	675	3	little	little	ADJ
cblr-8481	675	4	reason	reason	NOUN
cblr-8481	675	5	why	why	SCONJ
cblr-8481	675	6	dissemination	dissemination	NOUN
cblr-8481	675	7	of	of	ADP
cblr-8481	675	8	a	a	DET
cblr-8481	675	9	statement	statement	NOUN
cblr-8481	675	10	should	should	AUX
cblr-8481	675	11	be	be	AUX
cblr-8481	675	12	considered	consider	VERB
cblr-8481	675	13	an	an	DET
cblr-8481	675	14	“	"	PUNCT
cblr-8481	675	15	artful	artful	ADJ
cblr-8481	675	16	stratagem	stratagem	NOUN
cblr-8481	675	17	”	"	PUNCT
cblr-8481	675	18	to	to	PART
cblr-8481	675	19	defraud	defraud	VERB
cblr-8481	675	20	an	an	DET
cblr-8481	675	21	investor	investor	NOUN
cblr-8481	675	22	or	or	CCONJ
cblr-8481	675	23	a	a	DET
cblr-8481	675	24	“	"	PUNCT
cblr-8481	675	25	deed	deed	NOUN
cblr-8481	675	26	”	"	PUNCT
cblr-8481	675	27	that	that	PRON
cblr-8481	675	28	acts	act	VERB
cblr-8481	675	29	“	"	PUNCT
cblr-8481	675	30	as	as	ADP
cblr-8481	675	31	a	a	DET
cblr-8481	675	32	fraud	fraud	NOUN
cblr-8481	675	33	or	or	CCONJ
cblr-8481	675	34	deceit	deceit	NOUN
cblr-8481	675	35	”	"	PUNCT
cblr-8481	675	36	upon	upon	SCONJ
cblr-8481	675	37	an	an	DET
cblr-8481	675	38	investor	investor	NOUN
cblr-8481	675	39	while	while	SCONJ
cblr-8481	675	40	drafting	draft	VERB
cblr-8481	675	41	a	a	DET
cblr-8481	675	42	false	false	ADJ
cblr-8481	675	43	statement	statement	NOUN
cblr-8481	675	44	should	should	AUX
cblr-8481	675	45	not	not	PART
cblr-8481	675	46	;	;	PUNCT
cblr-8481	675	47	both	both	PRON
cblr-8481	675	48	have	have	VERB
cblr-8481	675	49	the	the	DET
cblr-8481	675	50	same	same	ADJ
cblr-8481	675	51	impact	impact	NOUN
cblr-8481	675	52	on	on	ADP
cblr-8481	675	53	investors	investor	NOUN
cblr-8481	675	54	,	,	PUNCT
cblr-8481	675	55	and	and	CCONJ
cblr-8481	675	56	,	,	PUNCT
cblr-8481	675	57	assuming	assume	VERB
cblr-8481	675	58	scienter	scienter	NOUN
cblr-8481	675	59	,	,	PUNCT
cblr-8481	675	60	both	both	PRON
cblr-8481	675	61	are	be	AUX
cblr-8481	675	62	done	do	VERB
cblr-8481	675	63	with	with	ADP
cblr-8481	675	64	similar	similar	ADJ
cblr-8481	675	65	levels	level	NOUN
cblr-8481	675	66	of	of	ADP
cblr-8481	675	67	culpability	culpability	NOUN
cblr-8481	675	68	.	.	PUNCT
cblr-8481	676	1	anyway	anyway	ADV
cblr-8481	676	2	,	,	PUNCT
cblr-8481	676	3	justice	justice	NOUN
cblr-8481	676	4	breyer	breyer	NOUN
cblr-8481	676	5	’s	’s	PART
cblr-8481	676	6	comment	comment	NOUN
cblr-8481	676	7	on	on	ADP
cblr-8481	676	8	janus	janus	PROPN
cblr-8481	676	9	should	should	AUX
cblr-8481	676	10	be	be	AUX
cblr-8481	676	11	considered	consider	VERB
cblr-8481	676	12	dicta	dicta	ADJ
cblr-8481	676	13	,	,	PUNCT
cblr-8481	676	14	as	as	SCONJ
cblr-8481	676	15	it	it	PRON
cblr-8481	676	16	goes	go	VERB
cblr-8481	676	17	beyond	beyond	ADP
cblr-8481	676	18	the	the	DET
cblr-8481	676	19	dissemination	dissemination	NOUN
cblr-8481	676	20	liability	liability	NOUN
cblr-8481	676	21	at	at	ADP
cblr-8481	676	22	issue	issue	NOUN
cblr-8481	676	23	in	in	ADP
cblr-8481	676	24	lorenzo.154	lorenzo.154	NOUN
cblr-8481	676	25	indeed	indeed	ADV
cblr-8481	676	26	,	,	PUNCT
cblr-8481	676	27	his	his	PRON
cblr-8481	676	28	point	point	NOUN
cblr-8481	676	29	about	about	ADP
cblr-8481	676	30	the	the	DET
cblr-8481	676	31	overlapping	overlap	VERB
cblr-8481	676	32	nature	nature	NOUN
cblr-8481	676	33	of	of	ADP
cblr-8481	676	34	149	149	NUM
cblr-8481	676	35	i	i	PROPN
cblr-8481	676	36	d.	d.	PROPN
cblr-8481	676	37	§	§	PROPN
cblr-8481	676	38	240.10b-5(a	240.10b-5(a	NUM
cblr-8481	676	39	)	)	PUNCT
cblr-8481	676	40	.	.	PUNCT
cblr-8481	677	1	150	150	NUM
cblr-8481	677	2	lorenzo	lorenzo	NOUN
cblr-8481	677	3	v.	v.	ADP
cblr-8481	677	4	sec	sec	PROPN
cblr-8481	677	5	,	,	PUNCT
cblr-8481	677	6	139	139	NUM
cblr-8481	677	7	s.	s.	PROPN
cblr-8481	677	8	ct	ct	PROPN
cblr-8481	677	9	.	.	PROPN
cblr-8481	677	10	1094	1094	NUM
cblr-8481	677	11	,	,	PUNCT
cblr-8481	677	12	1101	1101	NUM
cblr-8481	677	13	(	(	PUNCT
cblr-8481	677	14	2019	2019	NUM
cblr-8481	677	15	)	)	PUNCT
cblr-8481	677	16	.	.	PUNCT
cblr-8481	678	1	151	151	NUM
cblr-8481	678	2	17	17	NUM
cblr-8481	678	3	c.f.r	c.f.r	NOUN
cblr-8481	678	4	.	.	PUNCT
cblr-8481	679	1	§	§	PROPN
cblr-8481	679	2	240.10b-5(c	240.10b-5(c	NUM
cblr-8481	679	3	)	)	PUNCT
cblr-8481	679	4	.	.	PUNCT
cblr-8481	680	1	152	152	NUM
cblr-8481	680	2	lorenzo	lorenzo	NOUN
cblr-8481	680	3	,	,	PUNCT
cblr-8481	680	4	139	139	NUM
cblr-8481	680	5	s.	s.	PROPN
cblr-8481	680	6	ct	ct	PROPN
cblr-8481	680	7	.	.	PUNCT
cblr-8481	681	1	at	at	ADP
cblr-8481	681	2	1101	1101	NUM
cblr-8481	681	3	(	(	PUNCT
cblr-8481	681	4	internal	internal	ADJ
cblr-8481	681	5	quotation	quotation	NOUN
cblr-8481	681	6	marks	mark	NOUN
cblr-8481	681	7	omitted	omit	VERB
cblr-8481	681	8	)	)	PUNCT
cblr-8481	681	9	(	(	PUNCT
cblr-8481	681	10	first	first	ADV
cblr-8481	681	11	quoting	quote	VERB
cblr-8481	681	12	webster	webster	PROPN
cblr-8481	681	13	’s	’s	PART
cblr-8481	681	14	new	new	ADJ
cblr-8481	681	15	international	international	PROPN
cblr-8481	681	16	dictionary	dictionary	PROPN
cblr-8481	681	17	,	,	PUNCT
cblr-8481	681	18	supra	supra	PROPN
cblr-8481	681	19	note	note	PROPN
cblr-8481	681	20	85	85	NUM
cblr-8481	681	21	,	,	PUNCT
cblr-8481	681	22	at	at	ADP
cblr-8481	681	23	25	25	NUM
cblr-8481	681	24	,	,	PUNCT
cblr-8481	681	25	1937	1937	NUM
cblr-8481	681	26	;	;	PUNCT
cblr-8481	681	27	and	and	CCONJ
cblr-8481	681	28	then	then	ADV
cblr-8481	681	29	quoting	quote	VERB
cblr-8481	681	30	17	17	NUM
cblr-8481	681	31	c.f.r	c.f.r	NOUN
cblr-8481	681	32	.	.	PUNCT
cblr-8481	682	1	§	§	PROPN
cblr-8481	682	2	240.10b-5(c	240.10b-5(c	NUM
cblr-8481	682	3	)	)	PUNCT
cblr-8481	682	4	(	(	PUNCT
cblr-8481	682	5	2018	2018	NUM
cblr-8481	682	6	)	)	PUNCT
cblr-8481	682	7	)	)	PUNCT
cblr-8481	682	8	.	.	PUNCT
cblr-8481	683	1	153	153	NUM
cblr-8481	684	1	i	i	PRON
cblr-8481	684	2	d.	d.	PROPN
cblr-8481	684	3	at	at	ADP
cblr-8481	684	4	1103	1103	NUM
cblr-8481	684	5	.	.	PUNCT
cblr-8481	685	1	154	154	NUM
cblr-8481	685	2	according	accord	VERB
cblr-8481	685	3	to	to	ADP
cblr-8481	685	4	judge	judge	NOUN
cblr-8481	685	5	leval	leval	NOUN
cblr-8481	685	6	,	,	PUNCT
cblr-8481	685	7	dictum	dictum	NOUN
cblr-8481	685	8	is	be	AUX
cblr-8481	685	9	an	an	DET
cblr-8481	685	10	assertion	assertion	NOUN
cblr-8481	685	11	in	in	ADP
cblr-8481	685	12	a	a	DET
cblr-8481	685	13	court	court	NOUN
cblr-8481	685	14	’s	’s	PART
cblr-8481	685	15	opinion	opinion	NOUN
cblr-8481	685	16	of	of	ADP
cblr-8481	685	17	a	a	DET
cblr-8481	685	18	proposition	proposition	NOUN
cblr-8481	685	19	of	of	ADP
cblr-8481	685	20	law	law	NOUN
cblr-8481	685	21	which	which	PRON
cblr-8481	685	22	does	do	AUX
cblr-8481	685	23	not	not	PART
cblr-8481	685	24	explain	explain	VERB
cblr-8481	685	25	why	why	SCONJ
cblr-8481	685	26	the	the	DET
cblr-8481	685	27	court	court	NOUN
cblr-8481	685	28	's	's	PART
cblr-8481	685	29	judgment	judgment	NOUN
cblr-8481	685	30	goes	go	VERB
cblr-8481	685	31	in	in	ADP
cblr-8481	685	32	favor	favor	NOUN
cblr-8481	685	33	of	of	ADP
cblr-8481	685	34	the	the	DET
cblr-8481	685	35	winner	winner	NOUN
cblr-8481	685	36	.	.	PUNCT
cblr-8481	685	37	.	.	PUNCT
cblr-8481	685	38	.	.	PUNCT
cblr-8481	685	39	.	.	PUNCT
cblr-8481	686	1	the	the	DET
cblr-8481	686	2	dictum	dictum	NOUN
cblr-8481	686	3	consists	consist	VERB
cblr-8481	686	4	essentially	essentially	ADV
cblr-8481	686	5	of	of	ADP
cblr-8481	686	6	a	a	DET
cblr-8481	686	7	comment	comment	NOUN
cblr-8481	686	8	note	note	NOUN
cblr-8481	686	9	lieberman	lieberman	PROPN
cblr-8481	686	10	6/13/2021	6/13/2021	NUM
cblr-8481	686	11	8:45	8:45	NUM
cblr-8481	686	12	pm	pm	NOUN
cblr-8481	686	13	388	388	NUM
cblr-8481	686	14	columbia	columbia	PROPN
cblr-8481	686	15	business	business	NOUN
cblr-8481	686	16	law	law	PROPN
cblr-8481	686	17	review	review	NOUN
cblr-8481	687	1	[	[	X
cblr-8481	687	2	vol	vol	NOUN
cblr-8481	687	3	.	.	PUNCT
cblr-8481	687	4	2021	2021	NUM
cblr-8481	687	5	the	the	DET
cblr-8481	687	6	regulatory	regulatory	ADJ
cblr-8481	687	7	scheme	scheme	NOUN
cblr-8481	687	8	in	in	ADP
cblr-8481	687	9	lorenzo155	lorenzo155	PROPN
cblr-8481	687	10	is	be	AUX
cblr-8481	687	11	just	just	ADV
cblr-8481	687	12	as	as	ADV
cblr-8481	687	13	applicable	applicable	ADJ
cblr-8481	687	14	to	to	ADP
cblr-8481	687	15	the	the	DET
cblr-8481	687	16	preparation	preparation	NOUN
cblr-8481	687	17	of	of	ADP
cblr-8481	687	18	the	the	DET
cblr-8481	687	19	false	false	ADJ
cblr-8481	687	20	statements	statement	NOUN
cblr-8481	687	21	as	as	SCONJ
cblr-8481	687	22	it	it	PRON
cblr-8481	687	23	is	be	AUX
cblr-8481	687	24	to	to	ADP
cblr-8481	687	25	the	the	DET
cblr-8481	687	26	dissemination	dissemination	NOUN
cblr-8481	687	27	of	of	ADP
cblr-8481	687	28	those	those	DET
cblr-8481	687	29	statements	statement	NOUN
cblr-8481	687	30	.	.	PUNCT
cblr-8481	688	1	in	in	ADP
cblr-8481	688	2	either	either	DET
cblr-8481	688	3	case	case	NOUN
cblr-8481	688	4	,	,	PUNCT
cblr-8481	688	5	a	a	DET
cblr-8481	688	6	person	person	NOUN
cblr-8481	688	7	who	who	PRON
cblr-8481	688	8	actively	actively	ADV
cblr-8481	688	9	participates	participate	VERB
cblr-8481	688	10	in	in	ADP
cblr-8481	688	11	preparing	prepare	VERB
cblr-8481	688	12	a	a	DET
cblr-8481	688	13	false	false	ADJ
cblr-8481	688	14	statement	statement	NOUN
cblr-8481	688	15	could	could	AUX
cblr-8481	688	16	be	be	AUX
cblr-8481	688	17	held	hold	VERB
cblr-8481	688	18	both	both	CCONJ
cblr-8481	688	19	primarily	primarily	ADV
cblr-8481	688	20	liable	liable	ADJ
cblr-8481	688	21	under	under	ADP
cblr-8481	688	22	the	the	DET
cblr-8481	688	23	scheme	scheme	NOUN
cblr-8481	688	24	liability	liability	NOUN
cblr-8481	688	25	provisions	provision	NOUN
cblr-8481	688	26	and	and	CCONJ
cblr-8481	688	27	secondarily	secondarily	ADV
cblr-8481	688	28	liable	liable	ADJ
cblr-8481	688	29	for	for	ADP
cblr-8481	688	30	aiding	aid	VERB
cblr-8481	688	31	and	and	CCONJ
cblr-8481	688	32	abetting	abet	VERB
cblr-8481	688	33	the	the	DET
cblr-8481	688	34	“	"	PUNCT
cblr-8481	688	35	maker	maker	NOUN
cblr-8481	688	36	’s	’s	PART
cblr-8481	688	37	”	"	PUNCT
cblr-8481	688	38	misstatements	misstatement	NOUN
cblr-8481	688	39	under	under	ADP
cblr-8481	688	40	subsection	subsection	NOUN
cblr-8481	688	41	(	(	PUNCT
cblr-8481	688	42	b).156	b).156	PROPN
cblr-8481	688	43	and	and	CCONJ
cblr-8481	688	44	much	much	ADV
cblr-8481	688	45	like	like	ADP
cblr-8481	688	46	the	the	DET
cblr-8481	688	47	dissemination	dissemination	NOUN
cblr-8481	688	48	present	present	ADJ
cblr-8481	688	49	in	in	ADP
cblr-8481	688	50	lorenzo	lorenzo	PROPN
cblr-8481	688	51	,	,	PUNCT
cblr-8481	688	52	the	the	DET
cblr-8481	688	53	drafting	drafting	NOUN
cblr-8481	688	54	of	of	ADP
cblr-8481	688	55	a	a	DET
cblr-8481	688	56	misstatement	misstatement	NOUN
cblr-8481	688	57	is	be	AUX
cblr-8481	688	58	“	"	PUNCT
cblr-8481	688	59	behavior	behavior	NOUN
cblr-8481	688	60	that	that	PRON
cblr-8481	688	61	,	,	PUNCT
cblr-8481	688	62	though	though	SCONJ
cblr-8481	688	63	plainly	plainly	ADV
cblr-8481	688	64	fraudulent	fraudulent	ADJ
cblr-8481	688	65	,	,	PUNCT
cblr-8481	688	66	might	might	AUX
cblr-8481	688	67	otherwise	otherwise	ADV
cblr-8481	688	68	fall	fall	VERB
cblr-8481	688	69	outside	outside	ADP
cblr-8481	688	70	the	the	DET
cblr-8481	688	71	scope	scope	NOUN
cblr-8481	688	72	of	of	ADP
cblr-8481	688	73	the	the	DET
cblr-8481	688	74	rule	rule	NOUN
cblr-8481	688	75	.	.	PUNCT
cblr-8481	688	76	”157	”157	NOUN
cblr-8481	689	1	this	this	DET
cblr-8481	689	2	reading	reading	NOUN
cblr-8481	689	3	could	could	AUX
cblr-8481	689	4	be	be	AUX
cblr-8481	689	5	construed	construe	VERB
cblr-8481	689	6	as	as	ADP
cblr-8481	689	7	stretching	stretch	VERB
cblr-8481	689	8	of	of	ADP
cblr-8481	689	9	the	the	DET
cblr-8481	689	10	confines	confine	NOUN
cblr-8481	689	11	of	of	ADP
cblr-8481	689	12	the	the	DET
cblr-8481	689	13	opinion	opinion	NOUN
cblr-8481	689	14	,	,	PUNCT
cblr-8481	689	15	but	but	CCONJ
cblr-8481	689	16	it	it	PRON
cblr-8481	689	17	does	do	AUX
cblr-8481	689	18	not	not	PART
cblr-8481	689	19	stretch	stretch	VERB
cblr-8481	689	20	the	the	DET
cblr-8481	689	21	opinion	opinion	NOUN
cblr-8481	689	22	any	any	PRON
cblr-8481	689	23	further	far	ADV
cblr-8481	689	24	than	than	ADP
cblr-8481	689	25	a	a	DET
cblr-8481	689	26	bright	bright	ADJ
cblr-8481	689	27	-	-	PUNCT
cblr-8481	689	28	line	line	NOUN
cblr-8481	689	29	rule	rule	NOUN
cblr-8481	689	30	that	that	PRON
cblr-8481	689	31	protects	protect	VERB
cblr-8481	689	32	unattributed	unattributed	ADJ
cblr-8481	689	33	drafters	drafter	NOUN
cblr-8481	689	34	of	of	ADP
cblr-8481	689	35	false	false	ADJ
cblr-8481	689	36	statements	statement	NOUN
cblr-8481	689	37	from	from	ADP
cblr-8481	689	38	primary	primary	ADJ
cblr-8481	689	39	liability	liability	NOUN
cblr-8481	689	40	but	but	CCONJ
cblr-8481	689	41	not	not	PART
cblr-8481	689	42	disseminators	disseminator	NOUN
cblr-8481	689	43	who	who	PRON
cblr-8481	689	44	did	do	AUX
cblr-8481	689	45	not	not	PART
cblr-8481	689	46	write	write	VERB
cblr-8481	689	47	the	the	DET
cblr-8481	689	48	statements.158	statements.158	NOUN
cblr-8481	689	49	the	the	DET
cblr-8481	689	50	more	more	ADV
cblr-8481	689	51	expansive	expansive	ADJ
cblr-8481	689	52	reading	reading	NOUN
cblr-8481	689	53	fits	fit	VERB
cblr-8481	689	54	better	well	ADV
cblr-8481	689	55	with	with	ADP
cblr-8481	689	56	the	the	DET
cblr-8481	689	57	opinion	opinion	NOUN
cblr-8481	689	58	itself	itself	PRON
cblr-8481	689	59	and	and	CCONJ
cblr-8481	689	60	the	the	DET
cblr-8481	689	61	regulatory	regulatory	ADJ
cblr-8481	689	62	scheme	scheme	NOUN
cblr-8481	689	63	as	as	ADP
cblr-8481	689	64	a	a	DET
cblr-8481	689	65	whole	whole	NOUN
cblr-8481	689	66	.	.	PUNCT
cblr-8481	690	1	the	the	DET
cblr-8481	690	2	sec	sec	PROPN
cblr-8481	690	3	has	have	AUX
cblr-8481	690	4	also	also	ADV
cblr-8481	690	5	adopted	adopt	VERB
cblr-8481	690	6	a	a	DET
cblr-8481	690	7	similar	similar	ADJ
cblr-8481	690	8	reading	reading	NOUN
cblr-8481	690	9	of	of	ADP
cblr-8481	690	10	the	the	DET
cblr-8481	690	11	scheme	scheme	NOUN
cblr-8481	690	12	liability	liability	NOUN
cblr-8481	690	13	provisions	provision	NOUN
cblr-8481	690	14	,	,	PUNCT
cblr-8481	690	15	holding	hold	VERB
cblr-8481	690	16	that	that	SCONJ
cblr-8481	690	17	“	"	PUNCT
cblr-8481	690	18	primary	primary	ADJ
cblr-8481	690	19	liability	liability	NOUN
cblr-8481	690	20	under	under	ADP
cblr-8481	690	21	rule	rule	NOUN
cblr-8481	690	22	10b-5(a	10b-5(a	NUM
cblr-8481	690	23	)	)	PUNCT
cblr-8481	690	24	and	and	CCONJ
cblr-8481	690	25	(	(	PUNCT
cblr-8481	690	26	c	c	NOUN
cblr-8481	690	27	)	)	PUNCT
cblr-8481	690	28	.	.	PUNCT
cblr-8481	690	29	.	.	PUNCT
cblr-8481	691	1	.	.	PUNCT
cblr-8481	691	2	encompasses	encompass	VERB
cblr-8481	691	3	the	the	DET
cblr-8481	691	4	‘	'	PUNCT
cblr-8481	691	5	making	making	NOUN
cblr-8481	691	6	’	'	PUNCT
cblr-8481	691	7	of	of	ADP
cblr-8481	691	8	a	a	DET
cblr-8481	691	9	fraudulent	fraudulent	ADJ
cblr-8481	691	10	misstatement	misstatement	NOUN
cblr-8481	691	11	to	to	ADP
cblr-8481	691	12	investors	investor	NOUN
cblr-8481	691	13	,	,	PUNCT
cblr-8481	691	14	as	as	ADV
cblr-8481	691	15	well	well	ADV
cblr-8481	691	16	as	as	ADP
cblr-8481	691	17	the	the	DET
cblr-8481	691	18	drafting	drafting	NOUN
cblr-8481	691	19	or	or	CCONJ
cblr-8481	691	20	devising	devising	NOUN
cblr-8481	691	21	of	of	ADP
cblr-8481	691	22	such	such	DET
cblr-8481	691	23	a	a	DET
cblr-8481	691	24	misstatement	misstatement	NOUN
cblr-8481	691	25	.	.	PUNCT
cblr-8481	691	26	”159	”159	PUNCT
cblr-8481	692	1	while	while	SCONJ
cblr-8481	692	2	administrative	administrative	ADJ
cblr-8481	692	3	law	law	NOUN
cblr-8481	692	4	issues	issue	NOUN
cblr-8481	692	5	such	such	ADJ
cblr-8481	692	6	as	as	ADP
cblr-8481	692	7	auer	auer	NOUN
cblr-8481	692	8	deference160	deference160	PROPN
cblr-8481	692	9	are	be	AUX
cblr-8481	692	10	on	on	ADP
cblr-8481	692	11	how	how	SCONJ
cblr-8481	692	12	the	the	DET
cblr-8481	692	13	court	court	NOUN
cblr-8481	692	14	would	would	AUX
cblr-8481	692	15	decide	decide	VERB
cblr-8481	692	16	some	some	DET
cblr-8481	692	17	other	other	ADJ
cblr-8481	692	18	,	,	PUNCT
cblr-8481	692	19	different	different	ADJ
cblr-8481	692	20	case	case	NOUN
cblr-8481	692	21	,	,	PUNCT
cblr-8481	692	22	and	and	CCONJ
cblr-8481	692	23	has	have	VERB
cblr-8481	692	24	no	no	DET
cblr-8481	692	25	effect	effect	NOUN
cblr-8481	692	26	on	on	ADP
cblr-8481	692	27	its	its	PRON
cblr-8481	692	28	decision	decision	NOUN
cblr-8481	692	29	of	of	ADP
cblr-8481	692	30	the	the	DET
cblr-8481	692	31	case	case	NOUN
cblr-8481	692	32	before	before	ADP
cblr-8481	692	33	it	it	PRON
cblr-8481	692	34	.	.	PUNCT
cblr-8481	693	1	pierre	pierre	PROPN
cblr-8481	693	2	leval	leval	NOUN
cblr-8481	693	3	,	,	PUNCT
cblr-8481	693	4	judging	judge	VERB
cblr-8481	693	5	under	under	ADP
cblr-8481	693	6	the	the	DET
cblr-8481	693	7	constitution	constitution	NOUN
cblr-8481	693	8	:	:	PUNCT
cblr-8481	694	1	dicta	dicta	ADJ
cblr-8481	694	2	about	about	ADP
cblr-8481	694	3	dicta	dicta	ADJ
cblr-8481	694	4	,	,	PUNCT
cblr-8481	694	5	81	81	NUM
cblr-8481	694	6	n.y.u	n.y.u	NOUN
cblr-8481	694	7	.	.	PUNCT
cblr-8481	695	1	l.	l.	PROPN
cblr-8481	695	2	rev	rev	PROPN
cblr-8481	695	3	.	.	PROPN
cblr-8481	695	4	1249	1249	NUM
cblr-8481	695	5	,	,	PUNCT
cblr-8481	695	6	1256	1256	NUM
cblr-8481	695	7	(	(	PUNCT
cblr-8481	695	8	2006	2006	NUM
cblr-8481	695	9	)	)	PUNCT
cblr-8481	695	10	.	.	PUNCT
cblr-8481	696	1	155	155	NUM
cblr-8481	696	2	see	see	VERB
cblr-8481	696	3	lorenzo	lorenzo	PROPN
cblr-8481	696	4	,	,	PUNCT
cblr-8481	696	5	139	139	NUM
cblr-8481	696	6	s.	s.	PROPN
cblr-8481	696	7	ct	ct	PROPN
cblr-8481	696	8	.	.	PUNCT
cblr-8481	697	1	at	at	ADP
cblr-8481	697	2	1102–03	1102–03	NUM
cblr-8481	697	3	.	.	PUNCT
cblr-8481	698	1	156	156	NUM
cblr-8481	699	1	i	i	PRON
cblr-8481	699	2	d.	d.	NOUN
cblr-8481	699	3	at	at	ADP
cblr-8481	699	4	1103	1103	NUM
cblr-8481	699	5	.	.	PUNCT
cblr-8481	700	1	157	157	NUM
cblr-8481	700	2	i	i	PROPN
cblr-8481	700	3	d.	d.	PROPN
cblr-8481	700	4	at	at	ADP
cblr-8481	700	5	1102	1102	NUM
cblr-8481	700	6	.	.	PUNCT
cblr-8481	701	1	158	158	NUM
cblr-8481	701	2	for	for	ADP
cblr-8481	701	3	a	a	DET
cblr-8481	701	4	discussion	discussion	NOUN
cblr-8481	701	5	of	of	ADP
cblr-8481	701	6	the	the	DET
cblr-8481	701	7	bright	bright	ADJ
cblr-8481	701	8	-	-	PUNCT
cblr-8481	701	9	line	line	NOUN
cblr-8481	701	10	standard	standard	NOUN
cblr-8481	701	11	,	,	PUNCT
cblr-8481	701	12	see	see	VERB
cblr-8481	701	13	supra	supra	ADJ
cblr-8481	701	14	section	section	NOUN
cblr-8481	701	15	iv.a	iv.a	VERB
cblr-8481	701	16	.	.	PUNCT
cblr-8481	702	1	159	159	NUM
cblr-8481	702	2	john	john	PROPN
cblr-8481	702	3	p.	p.	PROPN
cblr-8481	702	4	flannery	flannery	PROPN
cblr-8481	702	5	,	,	PUNCT
cblr-8481	702	6	exchange	exchange	NOUN
cblr-8481	702	7	act	act	PROPN
cblr-8481	702	8	release	release	VERB
cblr-8481	702	9	no	no	NOUN
cblr-8481	702	10	.	.	NOUN
cblr-8481	702	11	73,840	73,840	NUM
cblr-8481	702	12	,	,	PUNCT
cblr-8481	702	13	2014	2014	NUM
cblr-8481	702	14	wl	wl	NOUN
cblr-8481	702	15	7145625	7145625	NUM
cblr-8481	702	16	,	,	PUNCT
cblr-8481	702	17	at	at	ADP
cblr-8481	702	18	*	*	NUM
cblr-8481	702	19	12	12	NUM
cblr-8481	702	20	(	(	PUNCT
cblr-8481	702	21	dec	dec	PROPN
cblr-8481	702	22	.	.	PROPN
cblr-8481	702	23	15	15	NUM
cblr-8481	702	24	,	,	PUNCT
cblr-8481	702	25	2014	2014	NUM
cblr-8481	702	26	)	)	PUNCT
cblr-8481	702	27	,	,	PUNCT
cblr-8481	702	28	vacated	vacate	VERB
cblr-8481	702	29	on	on	ADP
cblr-8481	702	30	other	other	ADJ
cblr-8481	702	31	grounds	ground	NOUN
cblr-8481	702	32	sub	sub	X
cblr-8481	702	33	nom	nom	PROPN
cblr-8481	702	34	.	.	PUNCT
cblr-8481	703	1	flannery	flannery	PROPN
cblr-8481	703	2	v.	v.	PROPN
cblr-8481	703	3	sec	sec	PROPN
cblr-8481	703	4	,	,	PUNCT
cblr-8481	703	5	810	810	NUM
cblr-8481	703	6	f.3d	f.3d	NUM
cblr-8481	703	7	1	1	NUM
cblr-8481	703	8	(	(	PUNCT
cblr-8481	703	9	1st	1st	ADJ
cblr-8481	703	10	cir	cir	NOUN
cblr-8481	703	11	.	.	PROPN
cblr-8481	703	12	2015	2015	NUM
cblr-8481	703	13	)	)	PUNCT
cblr-8481	703	14	.	.	PUNCT
cblr-8481	704	1	160	160	NUM
cblr-8481	704	2	auer	auer	NOUN
cblr-8481	704	3	(	(	PUNCT
cblr-8481	704	4	or	or	CCONJ
cblr-8481	704	5	seminole	seminole	PROPN
cblr-8481	704	6	rock	rock	NOUN
cblr-8481	704	7	)	)	PUNCT
cblr-8481	704	8	deference	deference	NOUN
cblr-8481	704	9	refers	refer	VERB
cblr-8481	704	10	to	to	ADP
cblr-8481	704	11	“	"	PUNCT
cblr-8481	704	12	the	the	DET
cblr-8481	704	13	doctrine	doctrine	NOUN
cblr-8481	704	14	that	that	PRON
cblr-8481	704	15	commands	command	VERB
cblr-8481	704	16	courts	court	NOUN
cblr-8481	704	17	to	to	PART
cblr-8481	704	18	defer	defer	VERB
cblr-8481	704	19	to	to	ADP
cblr-8481	704	20	a	a	DET
cblr-8481	704	21	federal	federal	ADJ
cblr-8481	704	22	agency	agency	NOUN
cblr-8481	704	23	’s	’s	PART
cblr-8481	704	24	interpretation	interpretation	NOUN
cblr-8481	704	25	of	of	ADP
cblr-8481	704	26	its	its	PRON
cblr-8481	704	27	own	own	ADJ
cblr-8481	704	28	regulation	regulation	NOUN
cblr-8481	704	29	unless	unless	SCONJ
cblr-8481	704	30	the	the	DET
cblr-8481	704	31	agency	agency	NOUN
cblr-8481	704	32	’s	’s	PART
cblr-8481	704	33	interpretation	interpretation	NOUN
cblr-8481	704	34	is	be	AUX
cblr-8481	704	35	‘	'	PUNCT
cblr-8481	704	36	plainly	plainly	ADV
cblr-8481	704	37	erroneous	erroneous	ADJ
cblr-8481	704	38	or	or	CCONJ
cblr-8481	704	39	inconsistent	inconsistent	ADJ
cblr-8481	704	40	with	with	ADP
cblr-8481	704	41	the	the	DET
cblr-8481	704	42	regulation	regulation	NOUN
cblr-8481	704	43	.	.	PUNCT
cblr-8481	704	44	’	'	PUNCT
cblr-8481	704	45	”	"	PUNCT
cblr-8481	704	46	christopher	christopher	PROPN
cblr-8481	704	47	j.	j.	PROPN
cblr-8481	704	48	walker	walker	PROPN
cblr-8481	704	49	,	,	PUNCT
cblr-8481	704	50	what	what	PRON
cblr-8481	704	51	kisor	kisor	NOUN
cblr-8481	704	52	means	mean	VERB
cblr-8481	704	53	for	for	ADP
cblr-8481	704	54	the	the	DET
cblr-8481	704	55	future	future	NOUN
cblr-8481	704	56	of	of	ADP
cblr-8481	704	57	auer	auer	NOUN
cblr-8481	704	58	deference	deference	NOUN
cblr-8481	704	59	:	:	PUNCT
cblr-8481	704	60	the	the	DET
cblr-8481	704	61	new	new	ADJ
cblr-8481	704	62	five	five	NUM
cblr-8481	704	63	-	-	PUNCT
cblr-8481	704	64	step	step	NOUN
cblr-8481	704	65	kisor	kisor	NOUN
cblr-8481	704	66	deference	deference	NOUN
cblr-8481	704	67	doctrine	doctrine	NOUN
cblr-8481	704	68	,	,	PUNCT
cblr-8481	704	69	yale	yale	PROPN
cblr-8481	704	70	j.	j.	PROPN
cblr-8481	704	71	on	on	ADP
cblr-8481	704	72	regul	regul	NOUN
cblr-8481	704	73	.	.	PUNCT
cblr-8481	704	74	:	:	PUNCT
cblr-8481	705	1	notice	notice	NOUN
cblr-8481	705	2	&	&	CCONJ
cblr-8481	705	3	comment	comment	PROPN
cblr-8481	705	4	(	(	PUNCT
cblr-8481	705	5	jun	jun	PROPN
cblr-8481	705	6	.	.	PROPN
cblr-8481	705	7	26	26	NUM
cblr-8481	705	8	,	,	PUNCT
cblr-8481	705	9	2019	2019	NUM
cblr-8481	705	10	)	)	PUNCT
cblr-8481	705	11	(	(	PUNCT
cblr-8481	705	12	quoting	quote	VERB
cblr-8481	705	13	kisor	kisor	PROPN
cblr-8481	705	14	v.	v.	ADP
cblr-8481	705	15	wilkie	wilkie	PROPN
cblr-8481	705	16	,	,	PUNCT
cblr-8481	705	17	139	139	NUM
cblr-8481	705	18	s.	s.	PROPN
cblr-8481	705	19	ct	ct	PROPN
cblr-8481	705	20	.	.	PROPN
cblr-8481	705	21	2400	2400	NUM
cblr-8481	705	22	,	,	PUNCT
cblr-8481	705	23	2411	2411	NUM
cblr-8481	705	24	(	(	PUNCT
cblr-8481	705	25	2019	2019	NUM
cblr-8481	705	26	)	)	PUNCT
cblr-8481	705	27	(	(	PUNCT
cblr-8481	705	28	plurality	plurality	NOUN
cblr-8481	705	29	opinion	opinion	NOUN
cblr-8481	705	30	)	)	PUNCT
cblr-8481	705	31	)	)	PUNCT
cblr-8481	705	32	,	,	PUNCT
cblr-8481	705	33	https://www.yalejreg.com/nc/what-kisor-means-for-the-future-of-auernote	https://www.yalejreg.com/nc/what-kisor-means-for-the-future-of-auernote	PROPN
cblr-8481	705	34	–	–	PUNCT
cblr-8481	705	35	lieberman	lieberman	PROPN
cblr-8481	706	1	6/13/2021	6/13/2021	NUM
cblr-8481	706	2	8:45	8:45	NUM
cblr-8481	706	3	pm	pm	NOUN
cblr-8481	706	4	no	no	INTJ
cblr-8481	706	5	.	.	PUNCT
cblr-8481	707	1	1:352	1:352	NUM
cblr-8481	707	2	]	]	X
cblr-8481	707	3	lorenzo	lorenzo	PROPN
cblr-8481	707	4	v.	v.	ADP
cblr-8481	707	5	sec	sec	PROPN
cblr-8481	707	6	and	and	CCONJ
cblr-8481	707	7	the	the	DET
cblr-8481	707	8	expansion	expansion	NOUN
cblr-8481	707	9	of	of	ADP
cblr-8481	707	10	scheme	scheme	NOUN
cblr-8481	707	11	liability	liability	NOUN
cblr-8481	707	12	389	389	NUM
cblr-8481	707	13	outside	outside	ADP
cblr-8481	707	14	the	the	DET
cblr-8481	707	15	scope	scope	NOUN
cblr-8481	707	16	of	of	ADP
cblr-8481	707	17	this	this	DET
cblr-8481	707	18	note	note	NOUN
cblr-8481	707	19	,	,	PUNCT
cblr-8481	707	20	this	this	PRON
cblr-8481	707	21	does	do	AUX
cblr-8481	707	22	suggest	suggest	VERB
cblr-8481	707	23	that	that	SCONJ
cblr-8481	707	24	the	the	DET
cblr-8481	707	25	broader	broad	ADJ
cblr-8481	707	26	reading	reading	NOUN
cblr-8481	707	27	makes	make	VERB
cblr-8481	707	28	more	more	ADJ
cblr-8481	707	29	sense	sense	NOUN
cblr-8481	707	30	in	in	ADP
cblr-8481	707	31	the	the	DET
cblr-8481	707	32	context	context	NOUN
cblr-8481	707	33	of	of	ADP
cblr-8481	707	34	the	the	DET
cblr-8481	707	35	rule	rule	NOUN
cblr-8481	707	36	’s	’s	PART
cblr-8481	707	37	language.161	language.161	ADJ
cblr-8481	707	38	however	however	ADV
cblr-8481	707	39	,	,	PUNCT
cblr-8481	707	40	if	if	SCONJ
cblr-8481	707	41	courts	court	NOUN
cblr-8481	707	42	were	be	AUX
cblr-8481	707	43	concerned	concerned	ADJ
cblr-8481	707	44	about	about	ADP
cblr-8481	707	45	how	how	SCONJ
cblr-8481	707	46	much	much	ADJ
cblr-8481	707	47	this	this	DET
cblr-8481	707	48	approach	approach	NOUN
cblr-8481	707	49	would	would	AUX
cblr-8481	707	50	expand	expand	VERB
cblr-8481	707	51	the	the	DET
cblr-8481	707	52	scope	scope	NOUN
cblr-8481	707	53	of	of	ADP
cblr-8481	707	54	lorenzo	lorenzo	PROPN
cblr-8481	707	55	,	,	PUNCT
cblr-8481	707	56	they	they	PRON
cblr-8481	707	57	could	could	AUX
cblr-8481	707	58	instead	instead	ADV
cblr-8481	707	59	adopt	adopt	VERB
cblr-8481	707	60	a	a	DET
cblr-8481	707	61	revised	revise	VERB
cblr-8481	707	62	version	version	NOUN
cblr-8481	707	63	of	of	ADP
cblr-8481	707	64	the	the	DET
cblr-8481	707	65	test.162	test.162	NOUN
cblr-8481	707	66	c.	c.	NOUN
cblr-8481	707	67	the	the	DET
cblr-8481	707	68	contours	contours	NOUN
cblr-8481	707	69	of	of	ADP
cblr-8481	707	70	the	the	DET
cblr-8481	707	71	“	"	PUNCT
cblr-8481	707	72	modified	modified	ADJ
cblr-8481	707	73	creator	creator	NOUN
cblr-8481	707	74	standard	standard	NOUN
cblr-8481	707	75	”	"	PUNCT
cblr-8481	707	76	having	having	AUX
cblr-8481	707	77	explained	explain	VERB
cblr-8481	707	78	the	the	DET
cblr-8481	707	79	justification	justification	NOUN
cblr-8481	707	80	for	for	ADP
cblr-8481	707	81	using	use	VERB
cblr-8481	707	82	the	the	DET
cblr-8481	707	83	“	"	PUNCT
cblr-8481	707	84	creator	creator	NOUN
cblr-8481	707	85	standard	standard	NOUN
cblr-8481	707	86	”	"	PUNCT
cblr-8481	707	87	as	as	ADP
cblr-8481	707	88	the	the	DET
cblr-8481	707	89	framework	framework	NOUN
cblr-8481	707	90	for	for	ADP
cblr-8481	707	91	approaching	approach	VERB
cblr-8481	707	92	scheme	scheme	NOUN
cblr-8481	707	93	liability	liability	NOUN
cblr-8481	707	94	in	in	ADP
cblr-8481	707	95	the	the	DET
cblr-8481	707	96	wake	wake	NOUN
cblr-8481	707	97	of	of	ADP
cblr-8481	707	98	lorenzo	lorenzo	NOUN
cblr-8481	707	99	,	,	PUNCT
cblr-8481	707	100	it	it	PRON
cblr-8481	707	101	is	be	AUX
cblr-8481	707	102	now	now	ADV
cblr-8481	707	103	necessary	necessary	ADJ
cblr-8481	707	104	to	to	PART
cblr-8481	707	105	lay	lay	VERB
cblr-8481	707	106	out	out	ADP
cblr-8481	707	107	the	the	DET
cblr-8481	707	108	specifics	specific	NOUN
cblr-8481	707	109	of	of	ADP
cblr-8481	707	110	the	the	DET
cblr-8481	707	111	“	"	PUNCT
cblr-8481	707	112	modified	modified	ADJ
cblr-8481	707	113	creator	creator	NOUN
cblr-8481	707	114	”	"	PUNCT
cblr-8481	707	115	test	test	NOUN
cblr-8481	707	116	and	and	CCONJ
cblr-8481	707	117	its	its	PRON
cblr-8481	707	118	contours	contours	NOUN
cblr-8481	707	119	.	.	PUNCT
cblr-8481	708	1	section	section	NOUN
cblr-8481	708	2	iv.c.1	iv.c.1	PROPN
cblr-8481	708	3	first	first	ADV
cblr-8481	708	4	defines	define	VERB
cblr-8481	708	5	the	the	DET
cblr-8481	708	6	class	class	NOUN
cblr-8481	708	7	of	of	ADP
cblr-8481	708	8	“	"	PUNCT
cblr-8481	708	9	creators	creator	NOUN
cblr-8481	708	10	”	"	PUNCT
cblr-8481	708	11	in	in	ADP
cblr-8481	708	12	,	,	PUNCT
cblr-8481	708	13	requiring	require	VERB
cblr-8481	708	14	either	either	CCONJ
cblr-8481	708	15	direct	direct	ADJ
cblr-8481	708	16	and	and	CCONJ
cblr-8481	708	17	voluntary	voluntary	ADJ
cblr-8481	708	18	participation	participation	NOUN
cblr-8481	708	19	in	in	ADP
cblr-8481	708	20	the	the	DET
cblr-8481	708	21	drafting	drafting	NOUN
cblr-8481	708	22	of	of	ADP
cblr-8481	708	23	the	the	DET
cblr-8481	708	24	misstatement	misstatement	NOUN
cblr-8481	708	25	or	or	CCONJ
cblr-8481	708	26	supervisory	supervisory	ADJ
cblr-8481	708	27	authority	authority	NOUN
cblr-8481	708	28	over	over	ADP
cblr-8481	708	29	its	its	PRON
cblr-8481	708	30	contents	content	NOUN
cblr-8481	708	31	.	.	PUNCT
cblr-8481	709	1	section	section	NOUN
cblr-8481	709	2	iv.c.2	iv.c.2	PROPN
cblr-8481	709	3	explains	explain	VERB
cblr-8481	709	4	why	why	SCONJ
cblr-8481	709	5	specific	specific	ADJ
cblr-8481	709	6	actors	actor	NOUN
cblr-8481	709	7	are	be	AUX
cblr-8481	709	8	covered	cover	VERB
cblr-8481	709	9	as	as	ADP
cblr-8481	709	10	“	"	PUNCT
cblr-8481	709	11	authors	author	NOUN
cblr-8481	709	12	”	"	PUNCT
cblr-8481	709	13	or	or	CCONJ
cblr-8481	709	14	“	"	PUNCT
cblr-8481	709	15	creators	creator	NOUN
cblr-8481	709	16	.	.	PUNCT
cblr-8481	709	17	”	"	PUNCT
cblr-8481	710	1	finally	finally	ADV
cblr-8481	710	2	,	,	PUNCT
cblr-8481	710	3	section	section	NOUN
cblr-8481	710	4	iv.c.3	iv.c.3	NOUN
cblr-8481	710	5	outlines	outline	VERB
cblr-8481	710	6	why	why	SCONJ
cblr-8481	710	7	the	the	DET
cblr-8481	710	8	test	test	NOUN
cblr-8481	710	9	requires	require	VERB
cblr-8481	710	10	a	a	DET
cblr-8481	710	11	reckless	reckless	ADJ
cblr-8481	710	12	state	state	NOUN
cblr-8481	710	13	of	of	ADP
cblr-8481	710	14	mind	mind	NOUN
cblr-8481	710	15	,	,	PUNCT
cblr-8481	710	16	rather	rather	ADV
cblr-8481	710	17	than	than	ADP
cblr-8481	710	18	actual	actual	ADJ
cblr-8481	710	19	deference	deference	NOUN
cblr-8481	710	20	-	-	PUNCT
cblr-8481	710	21	the	the	DET
cblr-8481	710	22	-	-	PUNCT
cblr-8481	710	23	new	new	ADJ
cblr-8481	710	24	-	-	PUNCT
cblr-8481	710	25	five	five	NUM
cblr-8481	710	26	-	-	PUNCT
cblr-8481	710	27	step	step	NOUN
cblr-8481	710	28	-	-	PUNCT
cblr-8481	710	29	kisor	kisor	NOUN
cblr-8481	710	30	-	-	PUNCT
cblr-8481	710	31	deference	deference	NOUN
cblr-8481	710	32	-	-	PUNCT
cblr-8481	710	33	doctrine	doctrine	NOUN
cblr-8481	710	34	[	[	X
cblr-8481	710	35	https://perma.cc/hxd6-x4x5	https://perma.cc/hxd6-x4x5	X
cblr-8481	710	36	]	]	X
cblr-8481	710	37	.	.	PUNCT
cblr-8481	711	1	161	161	NUM
cblr-8481	711	2	at	at	ADV
cblr-8481	711	3	least	least	ADV
cblr-8481	711	4	one	one	NUM
cblr-8481	711	5	court	court	NOUN
cblr-8481	711	6	has	have	AUX
cblr-8481	711	7	cited	cite	VERB
cblr-8481	711	8	the	the	DET
cblr-8481	711	9	sec	sec	PROPN
cblr-8481	711	10	’s	’s	PART
cblr-8481	711	11	opinion	opinion	NOUN
cblr-8481	711	12	in	in	ADP
cblr-8481	711	13	john	john	PROPN
cblr-8481	711	14	p.	p.	PROPN
cblr-8481	711	15	flannery	flannery	PROPN
cblr-8481	711	16	even	even	ADV
cblr-8481	711	17	after	after	SCONJ
cblr-8481	711	18	lorenzo	lorenzo	PROPN
cblr-8481	711	19	was	be	AUX
cblr-8481	711	20	decided	decide	VERB
cblr-8481	711	21	.	.	PUNCT
cblr-8481	712	1	see	see	VERB
cblr-8481	712	2	sec	sec	PROPN
cblr-8481	712	3	v.	v.	ADP
cblr-8481	712	4	ustian	ustian	PROPN
cblr-8481	712	5	,	,	PUNCT
cblr-8481	712	6	no	no	INTJ
cblr-8481	712	7	.	.	NOUN
cblr-8481	713	1	16	16	NUM
cblr-8481	713	2	c	c	NOUN
cblr-8481	713	3	3885	3885	NUM
cblr-8481	713	4	,	,	PUNCT
cblr-8481	713	5	2019	2019	NUM
cblr-8481	713	6	wl	wl	NOUN
cblr-8481	713	7	7486835	7486835	NUM
cblr-8481	713	8	,	,	PUNCT
cblr-8481	713	9	at	at	ADP
cblr-8481	713	10	*	*	NUM
cblr-8481	713	11	40	40	NUM
cblr-8481	713	12	(	(	PUNCT
cblr-8481	713	13	n.d	n.d	PROPN
cblr-8481	713	14	.	.	PROPN
cblr-8481	713	15	ill	ill	PROPN
cblr-8481	713	16	.	.	PUNCT
cblr-8481	714	1	dec	dec	PROPN
cblr-8481	714	2	.	.	PROPN
cblr-8481	714	3	13	13	NUM
cblr-8481	714	4	,	,	PUNCT
cblr-8481	714	5	2019	2019	NUM
cblr-8481	714	6	)	)	PUNCT
cblr-8481	714	7	(	(	PUNCT
cblr-8481	714	8	citing	cite	VERB
cblr-8481	714	9	john	john	PROPN
cblr-8481	714	10	p.	p.	PROPN
cblr-8481	714	11	flannery	flannery	PROPN
cblr-8481	714	12	,	,	PUNCT
cblr-8481	714	13	2014	2014	NUM
cblr-8481	714	14	wl	wl	NOUN
cblr-8481	714	15	7145625	7145625	NUM
cblr-8481	714	16	,	,	PUNCT
cblr-8481	714	17	at	at	ADP
cblr-8481	714	18	*	*	PROPN
cblr-8481	714	19	12	12	NUM
cblr-8481	714	20	)	)	PUNCT
cblr-8481	714	21	.	.	PUNCT
cblr-8481	715	1	162	162	NUM
cblr-8481	716	1	my	my	PRON
cblr-8481	716	2	suggestion	suggestion	NOUN
cblr-8481	716	3	for	for	ADP
cblr-8481	716	4	a	a	DET
cblr-8481	716	5	revised	revise	VERB
cblr-8481	716	6	test	test	NOUN
cblr-8481	716	7	is	be	AUX
cblr-8481	716	8	to	to	PART
cblr-8481	716	9	apply	apply	VERB
cblr-8481	716	10	the	the	DET
cblr-8481	716	11	“	"	PUNCT
cblr-8481	716	12	modified	modified	ADJ
cblr-8481	716	13	creator	creator	NOUN
cblr-8481	716	14	standard	standard	NOUN
cblr-8481	716	15	”	"	PUNCT
cblr-8481	716	16	only	only	ADV
cblr-8481	716	17	when	when	SCONJ
cblr-8481	716	18	there	there	PRON
cblr-8481	716	19	are	be	VERB
cblr-8481	716	20	multiple	multiple	ADJ
cblr-8481	716	21	sets	set	NOUN
cblr-8481	716	22	of	of	ADP
cblr-8481	716	23	misstatements	misstatement	NOUN
cblr-8481	716	24	within	within	ADP
cblr-8481	716	25	a	a	DET
cblr-8481	716	26	scheme	scheme	NOUN
cblr-8481	716	27	.	.	PUNCT
cblr-8481	717	1	while	while	SCONJ
cblr-8481	717	2	admittedly	admittedly	ADV
cblr-8481	717	3	less	less	ADV
cblr-8481	717	4	potent	potent	ADJ
cblr-8481	717	5	than	than	ADP
cblr-8481	717	6	my	my	PRON
cblr-8481	717	7	main	main	ADJ
cblr-8481	717	8	proposal	proposal	NOUN
cblr-8481	717	9	,	,	PUNCT
cblr-8481	717	10	it	it	PRON
cblr-8481	717	11	would	would	AUX
cblr-8481	717	12	still	still	ADV
cblr-8481	717	13	deter	deter	VERB
cblr-8481	717	14	fraudulent	fraudulent	ADJ
cblr-8481	717	15	conduct	conduct	NOUN
cblr-8481	717	16	and	and	CCONJ
cblr-8481	717	17	would	would	AUX
cblr-8481	717	18	not	not	PART
cblr-8481	717	19	run	run	VERB
cblr-8481	717	20	afoul	afoul	ADV
cblr-8481	717	21	of	of	ADP
cblr-8481	717	22	justice	justice	NOUN
cblr-8481	717	23	breyer	breyer	NOUN
cblr-8481	717	24	’s	’s	PART
cblr-8481	717	25	“	"	PUNCT
cblr-8481	717	26	assumption	assumption	NOUN
cblr-8481	717	27	”	"	PUNCT
cblr-8481	717	28	in	in	ADP
cblr-8481	717	29	lorenzo	lorenzo	PROPN
cblr-8481	717	30	.	.	PUNCT
cblr-8481	718	1	this	this	DET
cblr-8481	718	2	idea	idea	NOUN
cblr-8481	718	3	derives	derive	VERB
cblr-8481	718	4	from	from	ADP
cblr-8481	718	5	lower	low	ADJ
cblr-8481	718	6	court	court	NOUN
cblr-8481	718	7	decisions	decision	NOUN
cblr-8481	718	8	that	that	PRON
cblr-8481	718	9	have	have	AUX
cblr-8481	718	10	come	come	VERB
cblr-8481	718	11	down	down	ADP
cblr-8481	718	12	since	since	SCONJ
cblr-8481	718	13	lorenzo	lorenzo	NOUN
cblr-8481	718	14	.	.	PUNCT
cblr-8481	719	1	for	for	ADP
cblr-8481	719	2	example	example	NOUN
cblr-8481	719	3	,	,	PUNCT
cblr-8481	719	4	in	in	ADP
cblr-8481	719	5	sec	sec	PROPN
cblr-8481	719	6	v.	v.	ADP
cblr-8481	719	7	fiore	fiore	PROPN
cblr-8481	719	8	,	,	PUNCT
cblr-8481	719	9	judge	judge	NOUN
cblr-8481	719	10	karas	karas	PROPN
cblr-8481	719	11	of	of	ADP
cblr-8481	719	12	the	the	DET
cblr-8481	719	13	southern	southern	ADJ
cblr-8481	719	14	district	district	NOUN
cblr-8481	719	15	of	of	ADP
cblr-8481	719	16	new	new	PROPN
cblr-8481	719	17	york	york	PROPN
cblr-8481	719	18	held	hold	VERB
cblr-8481	719	19	that	that	SCONJ
cblr-8481	719	20	“	"	PUNCT
cblr-8481	719	21	a	a	DET
cblr-8481	719	22	deceptive	deceptive	ADJ
cblr-8481	719	23	scheme	scheme	NOUN
cblr-8481	719	24	involving	involve	VERB
cblr-8481	719	25	multiple	multiple	ADJ
cblr-8481	719	26	forms	form	NOUN
cblr-8481	719	27	of	of	ADP
cblr-8481	719	28	market	market	NOUN
cblr-8481	719	29	manipulation	manipulation	NOUN
cblr-8481	719	30	,	,	PUNCT
cblr-8481	719	31	as	as	ADV
cblr-8481	719	32	well	well	ADV
cblr-8481	719	33	as	as	ADP
cblr-8481	719	34	various	various	ADJ
cblr-8481	719	35	misstatements	misstatement	NOUN
cblr-8481	719	36	or	or	CCONJ
cblr-8481	719	37	omissions	omission	NOUN
cblr-8481	719	38	.	.	PUNCT
cblr-8481	719	39	.	.	PUNCT
cblr-8481	719	40	.	.	PUNCT
cblr-8481	720	1	combined	combine	VERB
cblr-8481	720	2	with	with	ADP
cblr-8481	720	3	a	a	DET
cblr-8481	720	4	misleading	misleading	ADJ
cblr-8481	720	5	promotional	promotional	ADJ
cblr-8481	720	6	campaign	campaign	NOUN
cblr-8481	720	7	”	"	PUNCT
cblr-8481	720	8	was	be	AUX
cblr-8481	720	9	within	within	ADP
cblr-8481	720	10	the	the	DET
cblr-8481	720	11	coverage	coverage	NOUN
cblr-8481	720	12	of	of	ADP
cblr-8481	720	13	10b-5(a	10b-5(a	NUM
cblr-8481	720	14	)	)	PUNCT
cblr-8481	720	15	and	and	CCONJ
cblr-8481	720	16	(	(	PUNCT
cblr-8481	720	17	c	c	NOUN
cblr-8481	720	18	)	)	PUNCT
cblr-8481	720	19	.	.	PUNCT
cblr-8481	721	1	416	416	NUM
cblr-8481	721	2	f.	f.	PROPN
cblr-8481	721	3	supp	supp	PROPN
cblr-8481	721	4	.	.	PUNCT
cblr-8481	722	1	3d	3d	NUM
cblr-8481	722	2	306	306	NUM
cblr-8481	722	3	,	,	PUNCT
cblr-8481	722	4	321	321	NUM
cblr-8481	722	5	(	(	PUNCT
cblr-8481	722	6	s.d.n.y	s.d.n.y	PROPN
cblr-8481	722	7	.	.	PROPN
cblr-8481	722	8	2019	2019	NUM
cblr-8481	722	9	)	)	PUNCT
cblr-8481	722	10	.	.	PUNCT
cblr-8481	723	1	this	this	PRON
cblr-8481	723	2	suggests	suggest	VERB
cblr-8481	723	3	that	that	SCONJ
cblr-8481	723	4	even	even	ADV
cblr-8481	723	5	if	if	SCONJ
cblr-8481	723	6	a	a	DET
cblr-8481	723	7	single	single	ADJ
cblr-8481	723	8	misstatement	misstatement	NOUN
cblr-8481	723	9	is	be	AUX
cblr-8481	723	10	not	not	PART
cblr-8481	723	11	covered	cover	VERB
cblr-8481	723	12	by	by	ADP
cblr-8481	723	13	the	the	DET
cblr-8481	723	14	scheme	scheme	NOUN
cblr-8481	723	15	liability	liability	NOUN
cblr-8481	723	16	provisions	provision	NOUN
cblr-8481	723	17	,	,	PUNCT
cblr-8481	723	18	a	a	DET
cblr-8481	723	19	pattern	pattern	NOUN
cblr-8481	723	20	of	of	ADP
cblr-8481	723	21	fraudulent	fraudulent	ADJ
cblr-8481	723	22	conduct	conduct	NOUN
cblr-8481	723	23	will	will	AUX
cblr-8481	723	24	be	be	AUX
cblr-8481	723	25	.	.	PUNCT
cblr-8481	724	1	similarly	similarly	ADV
cblr-8481	724	2	,	,	PUNCT
cblr-8481	724	3	another	another	DET
cblr-8481	724	4	judge	judge	NOUN
cblr-8481	724	5	used	use	VERB
cblr-8481	724	6	the	the	DET
cblr-8481	724	7	claim	claim	NOUN
cblr-8481	724	8	“	"	PUNCT
cblr-8481	724	9	that	that	SCONJ
cblr-8481	724	10	defendants	defendant	NOUN
cblr-8481	724	11	repeatedly	repeatedly	ADV
cblr-8481	724	12	made	make	VERB
cblr-8481	724	13	false	false	ADJ
cblr-8481	724	14	or	or	CCONJ
cblr-8481	724	15	misleading	misleading	ADJ
cblr-8481	724	16	statements	statement	NOUN
cblr-8481	724	17	in	in	ADP
cblr-8481	724	18	their	their	PRON
cblr-8481	724	19	research	research	NOUN
cblr-8481	724	20	reports	report	NOUN
cblr-8481	724	21	,	,	PUNCT
cblr-8481	724	22	press	press	NOUN
cblr-8481	724	23	releases	release	NOUN
cblr-8481	724	24	,	,	PUNCT
cblr-8481	724	25	and	and	CCONJ
cblr-8481	724	26	website	website	NOUN
cblr-8481	724	27	”	"	PUNCT
cblr-8481	724	28	as	as	ADP
cblr-8481	724	29	partial	partial	ADJ
cblr-8481	724	30	justification	justification	NOUN
cblr-8481	724	31	for	for	ADP
cblr-8481	724	32	refusing	refuse	VERB
cblr-8481	724	33	to	to	PART
cblr-8481	724	34	dismiss	dismiss	VERB
cblr-8481	724	35	a	a	DET
cblr-8481	724	36	scheme	scheme	NOUN
cblr-8481	724	37	liability	liability	NOUN
cblr-8481	724	38	claim	claim	NOUN
cblr-8481	724	39	.	.	PUNCT
cblr-8481	725	1	sec	sec	PROPN
cblr-8481	725	2	v.	v.	ADP
cblr-8481	725	3	seethruequity	seethruequity	PROPN
cblr-8481	725	4	,	,	PUNCT
cblr-8481	725	5	llc	llc	PROPN
cblr-8481	725	6	,	,	PUNCT
cblr-8481	725	7	no	no	NOUN
cblr-8481	725	8	.	.	NOUN
cblr-8481	725	9	18	18	NUM
cblr-8481	725	10	civ	civ	NOUN
cblr-8481	725	11	.	.	PUNCT
cblr-8481	726	1	10374	10374	NUM
cblr-8481	726	2	,	,	PUNCT
cblr-8481	726	3	2019	2019	NUM
cblr-8481	726	4	wl	wl	NOUN
cblr-8481	726	5	1998027	1998027	NUM
cblr-8481	726	6	,	,	PUNCT
cblr-8481	726	7	at	at	ADP
cblr-8481	726	8	*	*	NOUN
cblr-8481	726	9	5	5	NUM
cblr-8481	726	10	(	(	PUNCT
cblr-8481	726	11	s.d.n.y	s.d.n.y	PROPN
cblr-8481	726	12	.	.	PUNCT
cblr-8481	726	13	apr	apr	PROPN
cblr-8481	726	14	.	.	PROPN
cblr-8481	726	15	26	26	NUM
cblr-8481	726	16	,	,	PUNCT
cblr-8481	726	17	2019	2019	NUM
cblr-8481	726	18	)	)	PUNCT
cblr-8481	726	19	.	.	PUNCT
cblr-8481	727	1	note	note	VERB
cblr-8481	727	2	lieberman	lieberman	PROPN
cblr-8481	727	3	6/13/2021	6/13/2021	NUM
cblr-8481	727	4	8:45	8:45	NUM
cblr-8481	727	5	pm	pm	NOUN
cblr-8481	727	6	390	390	NUM
cblr-8481	727	7	columbia	columbia	PROPN
cblr-8481	727	8	business	business	NOUN
cblr-8481	727	9	law	law	PROPN
cblr-8481	727	10	review	review	NOUN
cblr-8481	728	1	[	[	X
cblr-8481	728	2	vol	vol	NOUN
cblr-8481	728	3	.	.	PUNCT
cblr-8481	728	4	2021	2021	NUM
cblr-8481	728	5	knowledge	knowledge	NOUN
cblr-8481	728	6	,	,	PUNCT
cblr-8481	728	7	when	when	SCONJ
cblr-8481	728	8	participating	participate	VERB
cblr-8481	728	9	in	in	ADP
cblr-8481	728	10	the	the	DET
cblr-8481	728	11	creation	creation	NOUN
cblr-8481	728	12	of	of	ADP
cblr-8481	728	13	the	the	DET
cblr-8481	728	14	misstatement	misstatement	NOUN
cblr-8481	728	15	..	..	PROPN
cblr-8481	728	16	1	1	NUM
cblr-8481	728	17	.	.	X
cblr-8481	728	18	who	who	PRON
cblr-8481	728	19	is	be	AUX
cblr-8481	728	20	a	a	DET
cblr-8481	728	21	“	"	PUNCT
cblr-8481	728	22	creator	creator	NOUN
cblr-8481	728	23	”	"	PUNCT
cblr-8481	728	24	?	?	PUNCT
cblr-8481	729	1	crafting	craft	VERB
cblr-8481	729	2	a	a	DET
cblr-8481	729	3	clear	clear	ADJ
cblr-8481	729	4	delineation	delineation	NOUN
cblr-8481	729	5	between	between	ADP
cblr-8481	729	6	who	who	PRON
cblr-8481	729	7	is	be	AUX
cblr-8481	729	8	a	a	DET
cblr-8481	729	9	“	"	PUNCT
cblr-8481	729	10	creator	creator	NOUN
cblr-8481	729	11	”	"	PUNCT
cblr-8481	729	12	and	and	CCONJ
cblr-8481	729	13	who	who	PRON
cblr-8481	729	14	is	be	AUX
cblr-8481	729	15	only	only	ADV
cblr-8481	729	16	“	"	PUNCT
cblr-8481	729	17	aiding	aid	VERB
cblr-8481	729	18	”	"	PUNCT
cblr-8481	729	19	the	the	DET
cblr-8481	729	20	creator	creator	NOUN
cblr-8481	729	21	is	be	AUX
cblr-8481	729	22	important	important	ADJ
cblr-8481	729	23	for	for	SCONJ
cblr-8481	729	24	the	the	DET
cblr-8481	729	25	modified	modify	VERB
cblr-8481	729	26	creator	creator	NOUN
cblr-8481	729	27	standard	standard	NOUN
cblr-8481	729	28	to	to	PART
cblr-8481	729	29	succeed	succeed	VERB
cblr-8481	729	30	;	;	PUNCT
cblr-8481	729	31	otherwise	otherwise	ADV
cblr-8481	729	32	,	,	PUNCT
cblr-8481	729	33	there	there	PRON
cblr-8481	729	34	will	will	AUX
cblr-8481	729	35	not	not	PART
cblr-8481	729	36	be	be	AUX
cblr-8481	729	37	clear	clear	ADJ
cblr-8481	729	38	boundaries	boundary	NOUN
cblr-8481	729	39	between	between	ADP
cblr-8481	729	40	primary	primary	ADJ
cblr-8481	729	41	and	and	CCONJ
cblr-8481	729	42	secondary	secondary	ADJ
cblr-8481	729	43	liability	liability	NOUN
cblr-8481	729	44	under	under	ADP
cblr-8481	729	45	the	the	DET
cblr-8481	729	46	scheme	scheme	NOUN
cblr-8481	729	47	liability	liability	NOUN
cblr-8481	729	48	provisions	provision	NOUN
cblr-8481	729	49	.	.	PUNCT
cblr-8481	730	1	one	one	NUM
cblr-8481	730	2	of	of	ADP
cblr-8481	730	3	the	the	DET
cblr-8481	730	4	primary	primary	ADJ
cblr-8481	730	5	criticisms	criticism	NOUN
cblr-8481	730	6	of	of	ADP
cblr-8481	730	7	the	the	DET
cblr-8481	730	8	original	original	ADJ
cblr-8481	730	9	creator	creator	NOUN
cblr-8481	730	10	test	test	NOUN
cblr-8481	730	11	was	be	AUX
cblr-8481	730	12	“	"	PUNCT
cblr-8481	730	13	that	that	SCONJ
cblr-8481	730	14	the	the	DET
cblr-8481	730	15	line	line	NOUN
cblr-8481	730	16	-	-	PUNCT
cblr-8481	730	17	drawing	drawing	NOUN
cblr-8481	730	18	that	that	PRON
cblr-8481	730	19	is	be	AUX
cblr-8481	730	20	necessary	necessary	ADJ
cblr-8481	730	21	to	to	PART
cblr-8481	730	22	determine	determine	VERB
cblr-8481	730	23	who	who	PRON
cblr-8481	730	24	has	have	AUX
cblr-8481	730	25	‘	'	PUNCT
cblr-8481	730	26	created	create	VERB
cblr-8481	730	27	’	'	PUNCT
cblr-8481	730	28	a	a	DET
cblr-8481	730	29	misrepresentation	misrepresentation	NOUN
cblr-8481	730	30	generates	generate	VERB
cblr-8481	730	31	a	a	DET
cblr-8481	730	32	great	great	ADJ
cblr-8481	730	33	deal	deal	NOUN
cblr-8481	730	34	of	of	ADP
cblr-8481	730	35	uncertainty,”163	uncertainty,”163	NOUN
cblr-8481	730	36	especially	especially	ADV
cblr-8481	730	37	given	give	VERB
cblr-8481	730	38	that	that	SCONJ
cblr-8481	730	39	“	"	PUNCT
cblr-8481	730	40	[	[	X
cblr-8481	730	41	t]he	t]he	ADJ
cblr-8481	730	42	central	central	ADJ
cblr-8481	730	43	bank	bank	NOUN
cblr-8481	730	44	court	court	NOUN
cblr-8481	730	45	expressly	expressly	ADV
cblr-8481	730	46	identified	identify	VERB
cblr-8481	730	47	an	an	DET
cblr-8481	730	48	unpredictable	unpredictable	ADJ
cblr-8481	730	49	standard	standard	NOUN
cblr-8481	730	50	of	of	ADP
cblr-8481	730	51	liability	liability	NOUN
cblr-8481	730	52	for	for	ADP
cblr-8481	730	53	outside	outside	ADJ
cblr-8481	730	54	professionals	professional	NOUN
cblr-8481	730	55	as	as	ADP
cblr-8481	730	56	undesirable	undesirable	ADJ
cblr-8481	730	57	.	.	PUNCT
cblr-8481	730	58	”164	”164	NOUN
cblr-8481	730	59	this	this	DET
cblr-8481	730	60	uncertainty	uncertainty	NOUN
cblr-8481	730	61	is	be	AUX
cblr-8481	730	62	exacerbated	exacerbate	VERB
cblr-8481	730	63	by	by	ADP
cblr-8481	730	64	the	the	DET
cblr-8481	730	65	fact	fact	NOUN
cblr-8481	730	66	that	that	SCONJ
cblr-8481	730	67	“	"	PUNCT
cblr-8481	730	68	public	public	ADJ
cblr-8481	730	69	disclosures	disclosure	NOUN
cblr-8481	730	70	are	be	AUX
cblr-8481	730	71	worked	work	VERB
cblr-8481	730	72	on	on	ADP
cblr-8481	730	73	by	by	ADP
cblr-8481	730	74	a	a	DET
cblr-8481	730	75	number	number	NOUN
cblr-8481	730	76	of	of	ADP
cblr-8481	730	77	people	people	NOUN
cblr-8481	730	78	,	,	PUNCT
cblr-8481	730	79	including	include	VERB
cblr-8481	730	80	the	the	DET
cblr-8481	730	81	company	company	NOUN
cblr-8481	730	82	’s	’s	PART
cblr-8481	730	83	senior	senior	ADJ
cblr-8481	730	84	management	management	NOUN
cblr-8481	730	85	,	,	PUNCT
cblr-8481	730	86	its	its	PRON
cblr-8481	730	87	in	in	ADP
cblr-8481	730	88	-	-	PUNCT
cblr-8481	730	89	house	house	NOUN
cblr-8481	730	90	legal	legal	ADJ
cblr-8481	730	91	,	,	PUNCT
cblr-8481	730	92	accounting	accounting	NOUN
cblr-8481	730	93	and	and	CCONJ
cblr-8481	730	94	finance	finance	NOUN
cblr-8481	730	95	personnel	personnel	NOUN
cblr-8481	730	96	[	[	X
cblr-8481	730	97	,	,	PUNCT
cblr-8481	730	98	]	]	PUNCT
cblr-8481	730	99	as	as	ADV
cblr-8481	730	100	well	well	ADV
cblr-8481	730	101	as	as	ADP
cblr-8481	730	102	its	its	PRON
cblr-8481	730	103	outside	outside	ADJ
cblr-8481	730	104	law	law	NOUN
cblr-8481	730	105	firm	firm	NOUN
cblr-8481	730	106	,	,	PUNCT
cblr-8481	730	107	accounting	accounting	NOUN
cblr-8481	730	108	firm	firm	NOUN
cblr-8481	730	109	,	,	PUNCT
cblr-8481	730	110	and	and	CCONJ
cblr-8481	730	111	other	other	ADJ
cblr-8481	730	112	outside	outside	ADJ
cblr-8481	730	113	advisers	adviser	NOUN
cblr-8481	730	114	.	.	PUNCT
cblr-8481	731	1	”165	”165	PUNCT
cblr-8481	732	1	as	as	ADP
cblr-8481	732	2	a	a	DET
cblr-8481	732	3	result	result	NOUN
cblr-8481	732	4	,	,	PUNCT
cblr-8481	732	5	“	"	PUNCT
cblr-8481	732	6	[	[	X
cblr-8481	732	7	a]ssigning	a]ssigne	VERB
cblr-8481	732	8	the	the	DET
cblr-8481	732	9	title	title	NOUN
cblr-8481	732	10	of	of	ADP
cblr-8481	732	11	‘	'	PUNCT
cblr-8481	732	12	creator	creator	NOUN
cblr-8481	732	13	’	'	PUNCT
cblr-8481	732	14	to	to	ADP
cblr-8481	732	15	any	any	PRON
cblr-8481	732	16	or	or	CCONJ
cblr-8481	732	17	all	all	PRON
cblr-8481	732	18	of	of	ADP
cblr-8481	732	19	these	these	DET
cblr-8481	732	20	individuals	individual	NOUN
cblr-8481	732	21	or	or	CCONJ
cblr-8481	732	22	entities	entity	NOUN
cblr-8481	732	23	masks	mask	VERB
cblr-8481	732	24	the	the	DET
cblr-8481	732	25	complex	complex	ADJ
cblr-8481	732	26	and	and	CCONJ
cblr-8481	732	27	multistep	multistep	ADJ
cblr-8481	732	28	process	process	NOUN
cblr-8481	732	29	by	by	ADP
cblr-8481	732	30	which	which	PRON
cblr-8481	732	31	public	public	ADJ
cblr-8481	732	32	disclosures	disclosure	NOUN
cblr-8481	732	33	are	be	AUX
cblr-8481	732	34	drafted	draft	VERB
cblr-8481	732	35	and	and	CCONJ
cblr-8481	732	36	finalized	finalize	VERB
cblr-8481	732	37	.	.	PUNCT
cblr-8481	733	1	”166	”166	NOUN
cblr-8481	733	2	given	give	VERB
cblr-8481	733	3	the	the	DET
cblr-8481	733	4	complexity	complexity	NOUN
cblr-8481	733	5	of	of	ADP
cblr-8481	733	6	public	public	ADJ
cblr-8481	733	7	disclosures	disclosure	NOUN
cblr-8481	733	8	in	in	ADP
cblr-8481	733	9	modern	modern	ADJ
cblr-8481	733	10	securities	security	NOUN
cblr-8481	733	11	practice	practice	NOUN
cblr-8481	733	12	,	,	PUNCT
cblr-8481	733	13	this	this	PRON
cblr-8481	733	14	means	mean	VERB
cblr-8481	733	15	that	that	SCONJ
cblr-8481	733	16	only	only	ADV
cblr-8481	733	17	a	a	DET
cblr-8481	733	18	specific	specific	ADJ
cblr-8481	733	19	subset	subset	NOUN
cblr-8481	733	20	of	of	ADP
cblr-8481	733	21	internal	internal	ADJ
cblr-8481	733	22	employees	employee	NOUN
cblr-8481	733	23	and	and	CCONJ
cblr-8481	733	24	outside	outside	ADJ
cblr-8481	733	25	advisors	advisor	NOUN
cblr-8481	733	26	,	,	PUNCT
cblr-8481	733	27	such	such	ADJ
cblr-8481	733	28	as	as	ADP
cblr-8481	733	29	lawyers	lawyer	NOUN
cblr-8481	733	30	and	and	CCONJ
cblr-8481	733	31	accountants	accountant	NOUN
cblr-8481	733	32	,	,	PUNCT
cblr-8481	733	33	should	should	AUX
cblr-8481	733	34	be	be	AUX
cblr-8481	733	35	held	hold	VERB
cblr-8481	733	36	primarily	primarily	ADV
cblr-8481	733	37	liable	liable	ADJ
cblr-8481	733	38	under	under	ADP
cblr-8481	733	39	rule	rule	NOUN
cblr-8481	733	40	10b-5(a	10b-5(a	NUM
cblr-8481	733	41	)	)	PUNCT
cblr-8481	733	42	and	and	CCONJ
cblr-8481	733	43	(	(	PUNCT
cblr-8481	733	44	c	c	NOUN
cblr-8481	733	45	)	)	PUNCT
cblr-8481	733	46	.	.	PUNCT
cblr-8481	734	1	all	all	DET
cblr-8481	734	2	other	other	ADJ
cblr-8481	734	3	participants	participant	NOUN
cblr-8481	734	4	should	should	AUX
cblr-8481	734	5	be	be	AUX
cblr-8481	734	6	held	hold	VERB
cblr-8481	734	7	secondarily	secondarily	ADV
cblr-8481	734	8	liable	liable	ADJ
cblr-8481	734	9	as	as	ADP
cblr-8481	734	10	aiders	aider	NOUN
cblr-8481	734	11	and	and	CCONJ
cblr-8481	734	12	abettors	abettor	NOUN
cblr-8481	734	13	.	.	PUNCT
cblr-8481	735	1	with	with	SCONJ
cblr-8481	735	2	regard	regard	NOUN
cblr-8481	735	3	to	to	ADP
cblr-8481	735	4	insiders	insider	NOUN
cblr-8481	735	5	working	work	VERB
cblr-8481	735	6	for	for	ADP
cblr-8481	735	7	the	the	DET
cblr-8481	735	8	issuer,167	issuer,167	NOUN
cblr-8481	735	9	the	the	DET
cblr-8481	735	10	line	line	NOUN
cblr-8481	735	11	between	between	ADP
cblr-8481	735	12	being	be	AUX
cblr-8481	735	13	an	an	DET
cblr-8481	735	14	author	author	NOUN
cblr-8481	735	15	or	or	CCONJ
cblr-8481	735	16	just	just	ADV
cblr-8481	735	17	an	an	DET
cblr-8481	735	18	“	"	PUNCT
cblr-8481	735	19	aider	aider	NOUN
cblr-8481	735	20	and	and	CCONJ
cblr-8481	735	21	abettor	abettor	NOUN
cblr-8481	735	22	”	"	PUNCT
cblr-8481	735	23	of	of	ADP
cblr-8481	735	24	a	a	DET
cblr-8481	735	25	misstatement	misstatement	NOUN
cblr-8481	735	26	should	should	AUX
cblr-8481	735	27	be	be	AUX
cblr-8481	735	28	drawn	draw	VERB
cblr-8481	735	29	based	base	VERB
cblr-8481	735	30	on	on	ADP
cblr-8481	735	31	whether	whether	SCONJ
cblr-8481	735	32	they	they	PRON
cblr-8481	735	33	163	163	NUM
cblr-8481	735	34	cosenza	cosenza	NOUN
cblr-8481	735	35	,	,	PUNCT
cblr-8481	735	36	supra	supra	PROPN
cblr-8481	735	37	note	note	PROPN
cblr-8481	735	38	134	134	NUM
cblr-8481	735	39	,	,	PUNCT
cblr-8481	735	40	at	at	ADP
cblr-8481	735	41	1049	1049	NUM
cblr-8481	735	42	.	.	PUNCT
cblr-8481	736	1	164	164	NUM
cblr-8481	736	2	jill	jill	PROPN
cblr-8481	736	3	e.	e.	PROPN
cblr-8481	736	4	fisch	fisch	PROPN
cblr-8481	736	5	,	,	PUNCT
cblr-8481	736	6	the	the	DET
cblr-8481	736	7	scope	scope	NOUN
cblr-8481	736	8	of	of	ADP
cblr-8481	736	9	private	private	ADJ
cblr-8481	736	10	securities	security	NOUN
cblr-8481	736	11	litigation	litigation	NOUN
cblr-8481	736	12	:	:	PUNCT
cblr-8481	736	13	in	in	ADP
cblr-8481	736	14	search	search	NOUN
cblr-8481	736	15	of	of	ADP
cblr-8481	736	16	liability	liability	NOUN
cblr-8481	736	17	standards	standard	NOUN
cblr-8481	736	18	for	for	ADP
cblr-8481	736	19	secondary	secondary	ADJ
cblr-8481	736	20	defendants	defendant	NOUN
cblr-8481	736	21	,	,	PUNCT
cblr-8481	736	22	99	99	NUM
cblr-8481	736	23	colum	colum	NOUN
cblr-8481	736	24	.	.	PUNCT
cblr-8481	737	1	l.	l.	PROPN
cblr-8481	737	2	rev	rev	PROPN
cblr-8481	737	3	.	.	PROPN
cblr-8481	737	4	1293	1293	NUM
cblr-8481	737	5	,	,	PUNCT
cblr-8481	737	6	1302	1302	NUM
cblr-8481	737	7	(	(	PUNCT
cblr-8481	737	8	1999	1999	NUM
cblr-8481	737	9	)	)	PUNCT
cblr-8481	737	10	(	(	PUNCT
cblr-8481	737	11	citing	cite	VERB
cblr-8481	737	12	cent	cent	NOUN
cblr-8481	737	13	.	.	PUNCT
cblr-8481	738	1	bank	bank	PROPN
cblr-8481	738	2	of	of	ADP
cblr-8481	738	3	denver	denver	PROPN
cblr-8481	738	4	v.	v.	CCONJ
cblr-8481	738	5	first	first	PROPN
cblr-8481	738	6	interstate	interstate	PROPN
cblr-8481	738	7	bank	bank	PROPN
cblr-8481	738	8	of	of	ADP
cblr-8481	738	9	denver	denver	PROPN
cblr-8481	738	10	,	,	PUNCT
cblr-8481	738	11	511	511	NUM
cblr-8481	738	12	u.s	u.s	PROPN
cblr-8481	738	13	.	.	PROPN
cblr-8481	738	14	164	164	NUM
cblr-8481	738	15	,	,	PUNCT
cblr-8481	738	16	188	188	NUM
cblr-8481	738	17	(	(	PUNCT
cblr-8481	738	18	1994	1994	NUM
cblr-8481	738	19	)	)	PUNCT
cblr-8481	738	20	)	)	PUNCT
cblr-8481	738	21	.	.	PUNCT
cblr-8481	739	1	165	165	NUM
cblr-8481	739	2	cosenza	cosenza	PROPN
cblr-8481	739	3	,	,	PUNCT
cblr-8481	739	4	supra	supra	PROPN
cblr-8481	739	5	note	note	PROPN
cblr-8481	739	6	134	134	NUM
cblr-8481	739	7	,	,	PUNCT
cblr-8481	739	8	at	at	ADP
cblr-8481	739	9	1050	1050	NUM
cblr-8481	739	10	.	.	PUNCT
cblr-8481	740	1	166	166	NUM
cblr-8481	740	2	i	i	PRON
cblr-8481	740	3	d.	d.	PROPN
cblr-8481	740	4	167	167	NUM
cblr-8481	740	5	by	by	ADP
cblr-8481	740	6	“	"	PUNCT
cblr-8481	740	7	issuer	issuer	NOUN
cblr-8481	740	8	,	,	PUNCT
cblr-8481	740	9	”	"	PUNCT
cblr-8481	740	10	i	i	PRON
cblr-8481	740	11	refer	refer	VERB
cblr-8481	740	12	to	to	ADP
cblr-8481	740	13	the	the	DET
cblr-8481	740	14	company	company	NOUN
cblr-8481	740	15	or	or	CCONJ
cblr-8481	740	16	entity	entity	NOUN
cblr-8481	740	17	that	that	PRON
cblr-8481	740	18	is	be	AUX
cblr-8481	740	19	selling	sell	VERB
cblr-8481	740	20	stock	stock	NOUN
cblr-8481	740	21	.	.	PUNCT
cblr-8481	741	1	note	note	NOUN
cblr-8481	741	2	–	–	PUNCT
cblr-8481	741	3	lieberman	lieberman	PROPN
cblr-8481	742	1	6/13/2021	6/13/2021	NUM
cblr-8481	742	2	8:45	8:45	NUM
cblr-8481	742	3	pm	pm	NOUN
cblr-8481	742	4	no	no	INTJ
cblr-8481	742	5	.	.	PUNCT
cblr-8481	743	1	1:352	1:352	NUM
cblr-8481	743	2	]	]	X
cblr-8481	743	3	lorenzo	lorenzo	PROPN
cblr-8481	743	4	v.	v.	ADP
cblr-8481	743	5	sec	sec	PROPN
cblr-8481	743	6	and	and	CCONJ
cblr-8481	743	7	the	the	DET
cblr-8481	743	8	expansion	expansion	NOUN
cblr-8481	743	9	of	of	ADP
cblr-8481	743	10	scheme	scheme	NOUN
cblr-8481	743	11	liability	liability	NOUN
cblr-8481	743	12	391	391	NUM
cblr-8481	743	13	specifically	specifically	ADV
cblr-8481	743	14	created	create	VERB
cblr-8481	743	15	the	the	DET
cblr-8481	743	16	misstatement	misstatement	NOUN
cblr-8481	743	17	or	or	CCONJ
cblr-8481	743	18	were	be	AUX
cblr-8481	743	19	otherwise	otherwise	ADV
cblr-8481	743	20	responsible	responsible	ADJ
cblr-8481	743	21	for	for	ADP
cblr-8481	743	22	supervising	supervise	VERB
cblr-8481	743	23	the	the	DET
cblr-8481	743	24	originator	originator	NOUN
cblr-8481	743	25	of	of	ADP
cblr-8481	743	26	the	the	DET
cblr-8481	743	27	misstatement	misstatement	NOUN
cblr-8481	743	28	.	.	PUNCT
cblr-8481	744	1	thus	thus	ADV
cblr-8481	744	2	,	,	PUNCT
cblr-8481	744	3	a	a	DET
cblr-8481	744	4	lower	low	ADJ
cblr-8481	744	5	-	-	PUNCT
cblr-8481	744	6	level	level	NOUN
cblr-8481	744	7	employee	employee	NOUN
cblr-8481	744	8	who	who	PRON
cblr-8481	744	9	is	be	AUX
cblr-8481	744	10	not	not	PART
cblr-8481	744	11	in	in	ADP
cblr-8481	744	12	a	a	DET
cblr-8481	744	13	supervisory	supervisory	ADJ
cblr-8481	744	14	role	role	NOUN
cblr-8481	744	15	would	would	AUX
cblr-8481	744	16	be	be	AUX
cblr-8481	744	17	liable	liable	ADJ
cblr-8481	744	18	only	only	ADV
cblr-8481	744	19	if	if	SCONJ
cblr-8481	744	20	they	they	PRON
cblr-8481	744	21	were	be	AUX
cblr-8481	744	22	responsible	responsible	ADJ
cblr-8481	744	23	for	for	ADP
cblr-8481	744	24	the	the	DET
cblr-8481	744	25	creation	creation	NOUN
cblr-8481	744	26	of	of	ADP
cblr-8481	744	27	the	the	DET
cblr-8481	744	28	misstatement	misstatement	NOUN
cblr-8481	744	29	without	without	ADP
cblr-8481	744	30	any	any	DET
cblr-8481	744	31	implicit	implicit	ADJ
cblr-8481	744	32	or	or	CCONJ
cblr-8481	744	33	explicit	explicit	ADJ
cblr-8481	744	34	direction	direction	NOUN
cblr-8481	744	35	from	from	ADP
cblr-8481	744	36	their	their	PRON
cblr-8481	744	37	boss	boss	NOUN
cblr-8481	744	38	.	.	PUNCT
cblr-8481	745	1	creation	creation	NOUN
cblr-8481	745	2	requires	require	VERB
cblr-8481	745	3	the	the	DET
cblr-8481	745	4	spark	spark	NOUN
cblr-8481	745	5	of	of	ADP
cblr-8481	745	6	independent	independent	ADJ
cblr-8481	745	7	thought	thought	NOUN
cblr-8481	745	8	,	,	PUNCT
cblr-8481	745	9	meaning	mean	VERB
cblr-8481	745	10	that	that	SCONJ
cblr-8481	745	11	the	the	DET
cblr-8481	745	12	idea	idea	NOUN
cblr-8481	745	13	for	for	ADP
cblr-8481	745	14	the	the	DET
cblr-8481	745	15	misstatement	misstatement	NOUN
cblr-8481	745	16	itself	itself	PRON
cblr-8481	745	17	(	(	PUNCT
cblr-8481	745	18	and	and	CCONJ
cblr-8481	745	19	not	not	PART
cblr-8481	745	20	just	just	ADV
cblr-8481	745	21	the	the	DET
cblr-8481	745	22	wording	wording	NOUN
cblr-8481	745	23	)	)	PUNCT
cblr-8481	745	24	needs	need	VERB
cblr-8481	745	25	to	to	PART
cblr-8481	745	26	come	come	VERB
cblr-8481	745	27	from	from	ADP
cblr-8481	745	28	the	the	DET
cblr-8481	745	29	lower	low	ADJ
cblr-8481	745	30	-	-	PUNCT
cblr-8481	745	31	level	level	NOUN
cblr-8481	745	32	associate	associate	NOUN
cblr-8481	745	33	.	.	PUNCT
cblr-8481	746	1	if	if	SCONJ
cblr-8481	746	2	a	a	DET
cblr-8481	746	3	lower	low	ADJ
cblr-8481	746	4	-	-	PUNCT
cblr-8481	746	5	level	level	NOUN
cblr-8481	746	6	employee	employee	NOUN
cblr-8481	746	7	is	be	AUX
cblr-8481	746	8	directed	direct	VERB
cblr-8481	746	9	to	to	PART
cblr-8481	746	10	write	write	VERB
cblr-8481	746	11	the	the	DET
cblr-8481	746	12	misstatement	misstatement	NOUN
cblr-8481	746	13	,	,	PUNCT
cblr-8481	746	14	they	they	PRON
cblr-8481	746	15	will	will	AUX
cblr-8481	746	16	not	not	PART
cblr-8481	746	17	be	be	AUX
cblr-8481	746	18	held	hold	VERB
cblr-8481	746	19	primarily	primarily	ADV
cblr-8481	746	20	liable	liable	ADJ
cblr-8481	746	21	.	.	PUNCT
cblr-8481	747	1	by	by	ADP
cblr-8481	747	2	contrast	contrast	NOUN
cblr-8481	747	3	,	,	PUNCT
cblr-8481	747	4	someone	someone	PRON
cblr-8481	747	5	in	in	ADP
cblr-8481	747	6	a	a	DET
cblr-8481	747	7	supervisory	supervisory	ADJ
cblr-8481	747	8	role	role	NOUN
cblr-8481	747	9	,	,	PUNCT
cblr-8481	747	10	such	such	ADJ
cblr-8481	747	11	as	as	ADP
cblr-8481	747	12	an	an	DET
cblr-8481	747	13	executive	executive	NOUN
cblr-8481	747	14	or	or	CCONJ
cblr-8481	747	15	a	a	DET
cblr-8481	747	16	manager	manager	NOUN
cblr-8481	747	17	,	,	PUNCT
cblr-8481	747	18	would	would	AUX
cblr-8481	747	19	be	be	AUX
cblr-8481	747	20	liable	liable	ADJ
cblr-8481	747	21	if	if	SCONJ
cblr-8481	747	22	it	it	PRON
cblr-8481	747	23	can	can	AUX
cblr-8481	747	24	be	be	AUX
cblr-8481	747	25	shown	show	VERB
cblr-8481	747	26	that	that	SCONJ
cblr-8481	747	27	they	they	PRON
cblr-8481	747	28	were	be	AUX
cblr-8481	747	29	responsible	responsible	ADJ
cblr-8481	747	30	for	for	ADP
cblr-8481	747	31	the	the	DET
cblr-8481	747	32	finalized	finalize	VERB
cblr-8481	747	33	product	product	NOUN
cblr-8481	747	34	containing	contain	VERB
cblr-8481	747	35	a	a	DET
cblr-8481	747	36	misstatement	misstatement	NOUN
cblr-8481	747	37	,	,	PUNCT
cblr-8481	747	38	whether	whether	SCONJ
cblr-8481	747	39	by	by	ADP
cblr-8481	747	40	demanding	demand	VERB
cblr-8481	747	41	its	its	PRON
cblr-8481	747	42	presence	presence	NOUN
cblr-8481	747	43	or	or	CCONJ
cblr-8481	747	44	else	else	ADV
cblr-8481	747	45	by	by	ADP
cblr-8481	747	46	deliberately	deliberately	ADV
cblr-8481	747	47	ignoring	ignore	VERB
cblr-8481	747	48	and	and	CCONJ
cblr-8481	747	49	failing	fail	VERB
cblr-8481	747	50	to	to	PART
cblr-8481	747	51	correct	correct	VERB
cblr-8481	747	52	the	the	DET
cblr-8481	747	53	misstatement	misstatement	NOUN
cblr-8481	747	54	made	make	VERB
cblr-8481	747	55	by	by	ADP
cblr-8481	747	56	the	the	DET
cblr-8481	747	57	original	original	ADJ
cblr-8481	747	58	author	author	NOUN
cblr-8481	747	59	.	.	PUNCT
cblr-8481	748	1	all	all	DET
cblr-8481	748	2	other	other	ADJ
cblr-8481	748	3	actors	actor	NOUN
cblr-8481	748	4	who	who	PRON
cblr-8481	748	5	participate	participate	VERB
cblr-8481	748	6	in	in	ADP
cblr-8481	748	7	the	the	DET
cblr-8481	748	8	scheme	scheme	NOUN
cblr-8481	748	9	would	would	AUX
cblr-8481	748	10	only	only	ADV
cblr-8481	748	11	be	be	AUX
cblr-8481	748	12	secondarily	secondarily	ADV
cblr-8481	748	13	liable.168	liable.168	VERB
cblr-8481	748	14	in	in	ADP
cblr-8481	748	15	addition	addition	NOUN
cblr-8481	748	16	to	to	ADP
cblr-8481	748	17	holding	hold	VERB
cblr-8481	748	18	insiders	insider	NOUN
cblr-8481	748	19	of	of	ADP
cblr-8481	748	20	the	the	DET
cblr-8481	748	21	issuer	issuer	NOUN
cblr-8481	748	22	liable	liable	NOUN
cblr-8481	748	23	,	,	PUNCT
cblr-8481	748	24	the	the	DET
cblr-8481	748	25	“	"	PUNCT
cblr-8481	748	26	modified	modified	ADJ
cblr-8481	748	27	creator	creator	NOUN
cblr-8481	748	28	standard	standard	NOUN
cblr-8481	748	29	”	"	PUNCT
cblr-8481	748	30	would	would	AUX
cblr-8481	748	31	hold	hold	VERB
cblr-8481	748	32	liable	liable	ADJ
cblr-8481	748	33	specific	specific	ADJ
cblr-8481	748	34	outside	outside	ADJ
cblr-8481	748	35	advisors	advisor	NOUN
cblr-8481	748	36	like	like	ADP
cblr-8481	748	37	attorneys	attorney	NOUN
cblr-8481	748	38	and	and	CCONJ
cblr-8481	748	39	accountants	accountant	NOUN
cblr-8481	748	40	.	.	PUNCT
cblr-8481	749	1	however	however	ADV
cblr-8481	749	2	,	,	PUNCT
cblr-8481	749	3	liability	liability	NOUN
cblr-8481	749	4	would	would	AUX
cblr-8481	749	5	be	be	AUX
cblr-8481	749	6	strictly	strictly	ADV
cblr-8481	749	7	limited	limit	VERB
cblr-8481	749	8	to	to	ADP
cblr-8481	749	9	those	those	DET
cblr-8481	749	10	persons	person	NOUN
cblr-8481	749	11	responsible	responsible	ADJ
cblr-8481	749	12	for	for	ADP
cblr-8481	749	13	a	a	DET
cblr-8481	749	14	“	"	PUNCT
cblr-8481	749	15	final	final	ADJ
cblr-8481	749	16	review	review	NOUN
cblr-8481	749	17	”	"	PUNCT
cblr-8481	749	18	of	of	ADP
cblr-8481	749	19	the	the	DET
cblr-8481	749	20	statement	statement	NOUN
cblr-8481	749	21	.	.	PUNCT
cblr-8481	750	1	as	as	ADP
cblr-8481	750	2	a	a	DET
cblr-8481	750	3	result	result	NOUN
cblr-8481	750	4	,	,	PUNCT
cblr-8481	750	5	primary	primary	ADJ
cblr-8481	750	6	liability	liability	NOUN
cblr-8481	750	7	for	for	ADP
cblr-8481	750	8	outside	outside	ADJ
cblr-8481	750	9	advisors	advisor	NOUN
cblr-8481	750	10	would	would	AUX
cblr-8481	750	11	be	be	AUX
cblr-8481	750	12	restricted	restrict	VERB
cblr-8481	750	13	to	to	ADP
cblr-8481	750	14	high	high	ADJ
cblr-8481	750	15	-	-	PUNCT
cblr-8481	750	16	level	level	NOUN
cblr-8481	750	17	employees	employee	NOUN
cblr-8481	750	18	—	—	PUNCT
cblr-8481	750	19	likely	likely	ADJ
cblr-8481	750	20	the	the	DET
cblr-8481	750	21	partner	partner	NOUN
cblr-8481	750	22	in	in	ADP
cblr-8481	750	23	charge	charge	NOUN
cblr-8481	750	24	of	of	ADP
cblr-8481	750	25	the	the	DET
cblr-8481	750	26	issuer	issuer	NOUN
cblr-8481	750	27	’s	’s	PART
cblr-8481	750	28	account	account	NOUN
cblr-8481	750	29	at	at	ADP
cblr-8481	750	30	a	a	DET
cblr-8481	750	31	law	law	NOUN
cblr-8481	750	32	firm	firm	NOUN
cblr-8481	750	33	or	or	CCONJ
cblr-8481	750	34	accounting	account	VERB
cblr-8481	750	35	firm.169	firm.169	NOUN
cblr-8481	750	36	this	this	DET
cblr-8481	750	37	standard	standard	NOUN
cblr-8481	750	38	would	would	AUX
cblr-8481	750	39	keep	keep	VERB
cblr-8481	750	40	the	the	DET
cblr-8481	750	41	existing	exist	VERB
cblr-8481	750	42	legal	legal	ADJ
cblr-8481	750	43	framework	framework	NOUN
cblr-8481	750	44	in	in	ADP
cblr-8481	750	45	place	place	NOUN
cblr-8481	750	46	,	,	PUNCT
cblr-8481	750	47	with	with	ADP
cblr-8481	750	48	its	its	PRON
cblr-8481	750	49	concerns	concern	NOUN
cblr-8481	750	50	over	over	ADP
cblr-8481	750	51	extending	extend	VERB
cblr-8481	750	52	liability	liability	NOUN
cblr-8481	750	53	too	too	ADV
cblr-8481	750	54	far	far	ADV
cblr-8481	750	55	,	,	PUNCT
cblr-8481	750	56	while	while	SCONJ
cblr-8481	750	57	still	still	ADV
cblr-8481	750	58	“	"	PUNCT
cblr-8481	750	59	imposing	impose	VERB
cblr-8481	750	60	the	the	DET
cblr-8481	750	61	threat	threat	NOUN
cblr-8481	750	62	of	of	ADP
cblr-8481	750	63	liability	liability	NOUN
cblr-8481	750	64	on	on	ADP
cblr-8481	750	65	a	a	DET
cblr-8481	750	66	limited	limited	ADJ
cblr-8481	750	67	set	set	NOUN
cblr-8481	750	68	of	of	ADP
cblr-8481	750	69	outside	outside	ADJ
cblr-8481	750	70	advisers	adviser	NOUN
cblr-8481	750	71	who	who	PRON
cblr-8481	750	72	168	168	NUM
cblr-8481	750	73	those	those	PRON
cblr-8481	750	74	directly	directly	ADV
cblr-8481	750	75	responsible	responsible	ADJ
cblr-8481	750	76	for	for	ADP
cblr-8481	750	77	dissemination	dissemination	NOUN
cblr-8481	750	78	also	also	ADV
cblr-8481	750	79	would	would	AUX
cblr-8481	750	80	be	be	AUX
cblr-8481	750	81	liable	liable	ADJ
cblr-8481	750	82	per	per	ADP
cblr-8481	750	83	lorenzo	lorenzo	NOUN
cblr-8481	750	84	.	.	PUNCT
cblr-8481	751	1	see	see	VERB
cblr-8481	751	2	lorenzo	lorenzo	PROPN
cblr-8481	751	3	v.	v.	ADP
cblr-8481	751	4	sec	sec	PROPN
cblr-8481	751	5	,	,	PUNCT
cblr-8481	751	6	139	139	NUM
cblr-8481	751	7	s.	s.	PROPN
cblr-8481	751	8	ct	ct	PROPN
cblr-8481	751	9	.	.	PROPN
cblr-8481	751	10	1094	1094	NUM
cblr-8481	751	11	,	,	PUNCT
cblr-8481	751	12	1104	1104	NUM
cblr-8481	751	13	(	(	PUNCT
cblr-8481	751	14	2019	2019	NUM
cblr-8481	751	15	)	)	PUNCT
cblr-8481	751	16	.	.	PUNCT
cblr-8481	752	1	169	169	NUM
cblr-8481	752	2	this	this	PRON
cblr-8481	752	3	would	would	AUX
cblr-8481	752	4	ensure	ensure	VERB
cblr-8481	752	5	that	that	SCONJ
cblr-8481	752	6	gatekeepers	gatekeeper	NOUN
cblr-8481	752	7	,	,	PUNCT
cblr-8481	752	8	who	who	PRON
cblr-8481	752	9	“	"	PUNCT
cblr-8481	752	10	often	often	ADV
cblr-8481	752	11	could	could	AUX
cblr-8481	752	12	act	act	VERB
cblr-8481	752	13	to	to	PART
cblr-8481	752	14	forestall	forestall	VERB
cblr-8481	752	15	massive	massive	ADJ
cblr-8481	752	16	securities	security	NOUN
cblr-8481	752	17	fraud	fraud	NOUN
cblr-8481	752	18	,	,	PUNCT
cblr-8481	752	19	”	"	PUNCT
cblr-8481	752	20	are	be	AUX
cblr-8481	752	21	incentivized	incentivize	VERB
cblr-8481	752	22	to	to	PART
cblr-8481	752	23	do	do	VERB
cblr-8481	752	24	so	so	ADV
cblr-8481	752	25	without	without	ADP
cblr-8481	752	26	letting	let	VERB
cblr-8481	752	27	the	the	DET
cblr-8481	752	28	scope	scope	NOUN
cblr-8481	752	29	of	of	ADP
cblr-8481	752	30	liability	liability	NOUN
cblr-8481	752	31	get	get	VERB
cblr-8481	752	32	out	out	ADP
cblr-8481	752	33	of	of	ADP
cblr-8481	752	34	hand	hand	NOUN
cblr-8481	752	35	to	to	PART
cblr-8481	752	36	encompass	encompass	VERB
cblr-8481	752	37	junior	junior	ADJ
cblr-8481	752	38	law	law	NOUN
cblr-8481	752	39	associates	associate	NOUN
cblr-8481	752	40	or	or	CCONJ
cblr-8481	752	41	accountants	accountant	NOUN
cblr-8481	752	42	.	.	PUNCT
cblr-8481	753	1	steven	steven	PROPN
cblr-8481	753	2	a.	a.	PROPN
cblr-8481	753	3	ramirez	ramirez	PROPN
cblr-8481	753	4	,	,	PUNCT
cblr-8481	753	5	the	the	DET
cblr-8481	753	6	virtues	virtue	NOUN
cblr-8481	753	7	of	of	ADP
cblr-8481	753	8	private	private	ADJ
cblr-8481	753	9	securities	security	NOUN
cblr-8481	753	10	litigation	litigation	NOUN
cblr-8481	753	11	:	:	PUNCT
cblr-8481	753	12	an	an	DET
cblr-8481	753	13	historic	historic	ADJ
cblr-8481	753	14	and	and	CCONJ
cblr-8481	753	15	macroeconomic	macroeconomic	ADJ
cblr-8481	753	16	perspective	perspective	NOUN
cblr-8481	753	17	,	,	PUNCT
cblr-8481	753	18	45	45	NUM
cblr-8481	753	19	loy	loy	PROPN
cblr-8481	753	20	.	.	PUNCT
cblr-8481	754	1	u.	u.	PROPN
cblr-8481	754	2	chi	chi	PROPN
cblr-8481	754	3	.	.	PUNCT
cblr-8481	755	1	l.j	l.j	AUX
cblr-8481	755	2	.	.	PROPN
cblr-8481	755	3	669	669	NUM
cblr-8481	755	4	,	,	PUNCT
cblr-8481	755	5	691	691	NUM
cblr-8481	755	6	(	(	PUNCT
cblr-8481	755	7	2014	2014	NUM
cblr-8481	755	8	)	)	PUNCT
cblr-8481	755	9	(	(	PUNCT
cblr-8481	755	10	citing	cite	VERB
cblr-8481	755	11	john	john	PROPN
cblr-8481	755	12	c.	c.	PROPN
cblr-8481	755	13	coffee	coffee	PROPN
cblr-8481	755	14	,	,	PUNCT
cblr-8481	755	15	jr	jr	PROPN
cblr-8481	755	16	.	.	PROPN
cblr-8481	755	17	,	,	PUNCT
cblr-8481	755	18	understanding	understand	VERB
cblr-8481	755	19	enron	enron	PROPN
cblr-8481	755	20	:	:	PUNCT
cblr-8481	755	21	“	"	PUNCT
cblr-8481	755	22	it	it	PRON
cblr-8481	755	23	’s	’	VERB
cblr-8481	755	24	about	about	ADP
cblr-8481	755	25	the	the	DET
cblr-8481	755	26	gatekeepers	gatekeeper	NOUN
cblr-8481	755	27	,	,	PUNCT
cblr-8481	755	28	stupid	stupid	ADJ
cblr-8481	755	29	”	"	PUNCT
cblr-8481	755	30	,	,	PUNCT
cblr-8481	755	31	57	57	NUM
cblr-8481	755	32	bus	bus	NOUN
cblr-8481	755	33	.	.	PUNCT
cblr-8481	756	1	law	law	NOUN
cblr-8481	756	2	.	.	PUNCT
cblr-8481	757	1	1403	1403	NUM
cblr-8481	757	2	,	,	PUNCT
cblr-8481	757	3	1404–05	1404–05	NUM
cblr-8481	757	4	(	(	PUNCT
cblr-8481	757	5	2002	2002	NUM
cblr-8481	757	6	)	)	PUNCT
cblr-8481	757	7	)	)	PUNCT
cblr-8481	757	8	.	.	PUNCT
cblr-8481	758	1	note	note	VERB
cblr-8481	758	2	lieberman	lieberman	PROPN
cblr-8481	758	3	6/13/2021	6/13/2021	NUM
cblr-8481	758	4	8:45	8:45	NUM
cblr-8481	758	5	pm	pm	NOUN
cblr-8481	758	6	392	392	NUM
cblr-8481	758	7	columbia	columbia	PROPN
cblr-8481	758	8	business	business	NOUN
cblr-8481	758	9	law	law	PROPN
cblr-8481	758	10	review	review	NOUN
cblr-8481	759	1	[	[	X
cblr-8481	759	2	vol	vol	NOUN
cblr-8481	759	3	.	.	PUNCT
cblr-8481	759	4	2021	2021	NUM
cblr-8481	759	5	also	also	ADV
cblr-8481	759	6	happen	happen	VERB
cblr-8481	759	7	to	to	PART
cblr-8481	759	8	be	be	AUX
cblr-8481	759	9	in	in	ADP
cblr-8481	759	10	the	the	DET
cblr-8481	759	11	best	good	ADJ
cblr-8481	759	12	position	position	NOUN
cblr-8481	759	13	to	to	PART
cblr-8481	759	14	prevent	prevent	VERB
cblr-8481	759	15	an	an	DET
cblr-8481	759	16	issuer	issuer	NOUN
cblr-8481	759	17	from	from	ADP
cblr-8481	759	18	making	make	VERB
cblr-8481	759	19	false	false	ADJ
cblr-8481	759	20	disclosures	disclosure	NOUN
cblr-8481	759	21	to	to	ADP
cblr-8481	759	22	the	the	DET
cblr-8481	759	23	market	market	NOUN
cblr-8481	759	24	.	.	PUNCT
cblr-8481	759	25	”170	”170	PUNCT
cblr-8481	760	1	2	2	X
cblr-8481	760	2	.	.	PUNCT
cblr-8481	760	3	why	why	SCONJ
cblr-8481	760	4	these	these	DET
cblr-8481	760	5	“	"	PUNCT
cblr-8481	760	6	creators	creator	NOUN
cblr-8481	760	7	”	"	PUNCT
cblr-8481	760	8	?	?	PUNCT
cblr-8481	760	9	having	having	AUX
cblr-8481	760	10	laid	lay	VERB
cblr-8481	760	11	out	out	ADP
cblr-8481	760	12	the	the	DET
cblr-8481	760	13	modified	modify	VERB
cblr-8481	760	14	creator	creator	NOUN
cblr-8481	760	15	standard	standard	NOUN
cblr-8481	760	16	,	,	PUNCT
cblr-8481	760	17	it	it	PRON
cblr-8481	760	18	is	be	AUX
cblr-8481	760	19	necessary	necessary	ADJ
cblr-8481	760	20	to	to	PART
cblr-8481	760	21	explain	explain	VERB
cblr-8481	760	22	why	why	SCONJ
cblr-8481	760	23	it	it	PRON
cblr-8481	760	24	covers	cover	VERB
cblr-8481	760	25	the	the	DET
cblr-8481	760	26	actors	actor	NOUN
cblr-8481	760	27	it	it	PRON
cblr-8481	760	28	does	do	VERB
cblr-8481	760	29	.	.	PUNCT
cblr-8481	761	1	although	although	SCONJ
cblr-8481	761	2	the	the	DET
cblr-8481	761	3	role	role	NOUN
cblr-8481	761	4	each	each	PRON
cblr-8481	761	5	of	of	ADP
cblr-8481	761	6	them	they	PRON
cblr-8481	761	7	plays	play	VERB
cblr-8481	761	8	in	in	ADP
cblr-8481	761	9	the	the	DET
cblr-8481	761	10	drafting	drafting	NOUN
cblr-8481	761	11	and	and	CCONJ
cblr-8481	761	12	dissemination	dissemination	NOUN
cblr-8481	761	13	process	process	NOUN
cblr-8481	761	14	differs	differ	VERB
cblr-8481	761	15	,	,	PUNCT
cblr-8481	761	16	they	they	PRON
cblr-8481	761	17	are	be	AUX
cblr-8481	761	18	covered	cover	VERB
cblr-8481	761	19	because	because	SCONJ
cblr-8481	761	20	they	they	PRON
cblr-8481	761	21	are	be	AUX
cblr-8481	761	22	the	the	DET
cblr-8481	761	23	most	most	ADV
cblr-8481	761	24	responsible	responsible	ADJ
cblr-8481	761	25	for	for	ADP
cblr-8481	761	26	either	either	CCONJ
cblr-8481	761	27	making	make	VERB
cblr-8481	761	28	the	the	DET
cblr-8481	761	29	misstatement	misstatement	NOUN
cblr-8481	761	30	or	or	CCONJ
cblr-8481	761	31	disseminating	disseminate	VERB
cblr-8481	761	32	it	it	PRON
cblr-8481	761	33	to	to	ADP
cblr-8481	761	34	the	the	DET
cblr-8481	761	35	public	public	NOUN
cblr-8481	761	36	.	.	PUNCT
cblr-8481	762	1	the	the	DET
cblr-8481	762	2	reason	reason	NOUN
cblr-8481	762	3	for	for	ADP
cblr-8481	762	4	designating	designate	VERB
cblr-8481	762	5	inside	inside	ADP
cblr-8481	762	6	actors	actor	NOUN
cblr-8481	762	7	who	who	PRON
cblr-8481	762	8	write	write	VERB
cblr-8481	762	9	or	or	CCONJ
cblr-8481	762	10	supervise	supervise	VERB
cblr-8481	762	11	the	the	DET
cblr-8481	762	12	writing	writing	NOUN
cblr-8481	762	13	of	of	ADP
cblr-8481	762	14	a	a	DET
cblr-8481	762	15	misstatement	misstatement	NOUN
cblr-8481	762	16	as	as	ADP
cblr-8481	762	17	“	"	PUNCT
cblr-8481	762	18	creators	creator	NOUN
cblr-8481	762	19	”	"	PUNCT
cblr-8481	762	20	subject	subject	NOUN
cblr-8481	762	21	to	to	ADP
cblr-8481	762	22	primary	primary	ADJ
cblr-8481	762	23	liability	liability	NOUN
cblr-8481	762	24	is	be	AUX
cblr-8481	762	25	that	that	SCONJ
cblr-8481	762	26	they	they	PRON
cblr-8481	762	27	are	be	AUX
cblr-8481	762	28	most	most	ADV
cblr-8481	762	29	directly	directly	ADV
cblr-8481	762	30	responsible	responsible	ADJ
cblr-8481	762	31	for	for	ADP
cblr-8481	762	32	the	the	DET
cblr-8481	762	33	contents	content	NOUN
cblr-8481	762	34	of	of	ADP
cblr-8481	762	35	the	the	DET
cblr-8481	762	36	misstatement	misstatement	NOUN
cblr-8481	762	37	.	.	PUNCT
cblr-8481	763	1	with	with	ADP
cblr-8481	763	2	regard	regard	NOUN
cblr-8481	763	3	to	to	ADP
cblr-8481	763	4	lowerlevel	lowerlevel	NOUN
cblr-8481	763	5	employees	employee	NOUN
cblr-8481	763	6	,	,	PUNCT
cblr-8481	763	7	it	it	PRON
cblr-8481	763	8	is	be	AUX
cblr-8481	763	9	necessary	necessary	ADJ
cblr-8481	763	10	to	to	PART
cblr-8481	763	11	restrict	restrict	VERB
cblr-8481	763	12	the	the	DET
cblr-8481	763	13	scope	scope	NOUN
cblr-8481	763	14	of	of	ADP
cblr-8481	763	15	liability	liability	NOUN
cblr-8481	763	16	to	to	PART
cblr-8481	763	17	ensure	ensure	VERB
cblr-8481	763	18	that	that	SCONJ
cblr-8481	763	19	primary	primary	ADJ
cblr-8481	763	20	liability	liability	NOUN
cblr-8481	763	21	is	be	AUX
cblr-8481	763	22	not	not	PART
cblr-8481	763	23	expanded	expand	VERB
cblr-8481	763	24	so	so	ADV
cblr-8481	763	25	far	far	ADV
cblr-8481	763	26	as	as	SCONJ
cblr-8481	763	27	to	to	PART
cblr-8481	763	28	ensnare	ensnare	VERB
cblr-8481	763	29	someone	someone	PRON
cblr-8481	763	30	only	only	ADV
cblr-8481	763	31	“	"	PUNCT
cblr-8481	763	32	tangentially	tangentially	ADV
cblr-8481	763	33	involved	involve	VERB
cblr-8481	763	34	in	in	ADP
cblr-8481	763	35	[	[	X
cblr-8481	763	36	the	the	DET
cblr-8481	763	37	fraud	fraud	NOUN
cblr-8481	763	38	]	]	PUNCT
cblr-8481	763	39	—	—	PUNCT
cblr-8481	763	40	say	say	INTJ
cblr-8481	763	41	,	,	PUNCT
cblr-8481	763	42	a	a	DET
cblr-8481	763	43	mailroom	mailroom	NOUN
cblr-8481	763	44	clerk	clerk	NOUN
cblr-8481	763	45	—	—	PUNCT
cblr-8481	763	46	for	for	ADP
cblr-8481	763	47	whom	whom	PRON
cblr-8481	763	48	liability	liability	NOUN
cblr-8481	763	49	would	would	AUX
cblr-8481	763	50	typically	typically	ADV
cblr-8481	763	51	be	be	AUX
cblr-8481	763	52	inappropriate	inappropriate	ADJ
cblr-8481	763	53	.	.	PUNCT
cblr-8481	763	54	”171	”171	PROPN
cblr-8481	764	1	at	at	ADP
cblr-8481	764	2	the	the	DET
cblr-8481	764	3	same	same	ADJ
cblr-8481	764	4	time	time	NOUN
cblr-8481	764	5	,	,	PUNCT
cblr-8481	764	6	it	it	PRON
cblr-8481	764	7	is	be	AUX
cblr-8481	764	8	necessary	necessary	ADJ
cblr-8481	764	9	to	to	PART
cblr-8481	764	10	hold	hold	VERB
cblr-8481	764	11	liable	liable	ADJ
cblr-8481	764	12	those	those	PRON
cblr-8481	764	13	responsible	responsible	ADJ
cblr-8481	764	14	for	for	ADP
cblr-8481	764	15	coming	come	VERB
cblr-8481	764	16	up	up	ADP
cblr-8481	764	17	with	with	ADP
cblr-8481	764	18	the	the	DET
cblr-8481	764	19	misstatements	misstatement	NOUN
cblr-8481	764	20	to	to	PART
cblr-8481	764	21	ensure	ensure	VERB
cblr-8481	764	22	that	that	SCONJ
cblr-8481	764	23	they	they	PRON
cblr-8481	764	24	are	be	AUX
cblr-8481	764	25	deterred	deter	VERB
cblr-8481	764	26	from	from	ADP
cblr-8481	764	27	such	such	ADJ
cblr-8481	764	28	conduct	conduct	NOUN
cblr-8481	764	29	and	and	CCONJ
cblr-8481	764	30	can	can	AUX
cblr-8481	764	31	not	not	PART
cblr-8481	764	32	hide	hide	VERB
cblr-8481	764	33	behind	behind	ADP
cblr-8481	764	34	negligent	negligent	ADJ
cblr-8481	764	35	supervisors	supervisor	NOUN
cblr-8481	764	36	,	,	PUNCT
cblr-8481	764	37	as	as	SCONJ
cblr-8481	764	38	janus	janus	PROPN
cblr-8481	764	39	would	would	AUX
cblr-8481	764	40	allow.172	allow.172	NOUN
cblr-8481	764	41	requiring	require	VERB
cblr-8481	764	42	that	that	SCONJ
cblr-8481	764	43	they	they	PRON
cblr-8481	764	44	come	come	VERB
cblr-8481	764	45	up	up	ADP
cblr-8481	764	46	with	with	ADP
cblr-8481	764	47	the	the	DET
cblr-8481	764	48	misstatement	misstatement	NOUN
cblr-8481	764	49	themselves	themselves	PRON
cblr-8481	764	50	,	,	PUNCT
cblr-8481	764	51	rather	rather	ADV
cblr-8481	764	52	than	than	ADP
cblr-8481	764	53	at	at	ADP
cblr-8481	764	54	the	the	DET
cblr-8481	764	55	urging	urging	NOUN
cblr-8481	764	56	of	of	ADP
cblr-8481	764	57	a	a	DET
cblr-8481	764	58	boss	boss	NOUN
cblr-8481	764	59	or	or	CCONJ
cblr-8481	764	60	supervisor	supervisor	NOUN
cblr-8481	764	61	,	,	PUNCT
cblr-8481	764	62	ensures	ensure	VERB
cblr-8481	764	63	that	that	SCONJ
cblr-8481	764	64	the	the	DET
cblr-8481	764	65	line	line	NOUN
cblr-8481	764	66	between	between	ADP
cblr-8481	764	67	primary	primary	ADJ
cblr-8481	764	68	and	and	CCONJ
cblr-8481	764	69	secondary	secondary	ADJ
cblr-8481	764	70	liability	liability	NOUN
cblr-8481	764	71	is	be	AUX
cblr-8481	764	72	clear	clear	ADJ
cblr-8481	764	73	,	,	PUNCT
cblr-8481	764	74	even	even	ADV
cblr-8481	764	75	if	if	SCONJ
cblr-8481	764	76	the	the	DET
cblr-8481	764	77	subordinate	subordinate	ADJ
cblr-8481	764	78	employee	employee	NOUN
cblr-8481	764	79	knowingly	knowingly	ADV
cblr-8481	764	80	and	and	CCONJ
cblr-8481	764	81	willingly	willingly	ADV
cblr-8481	764	82	participates	participate	VERB
cblr-8481	764	83	in	in	ADP
cblr-8481	764	84	drafting	draft	VERB
cblr-8481	764	85	the	the	DET
cblr-8481	764	86	misstatement	misstatement	NOUN
cblr-8481	764	87	and	and	CCONJ
cblr-8481	764	88	is	be	AUX
cblr-8481	764	89	responsible	responsible	ADJ
cblr-8481	764	90	for	for	ADP
cblr-8481	764	91	its	its	PRON
cblr-8481	764	92	wording	wording	NOUN
cblr-8481	764	93	.	.	PUNCT
cblr-8481	765	1	while	while	SCONJ
cblr-8481	765	2	it	it	PRON
cblr-8481	765	3	could	could	AUX
cblr-8481	765	4	be	be	AUX
cblr-8481	765	5	argued	argue	VERB
cblr-8481	765	6	that	that	SCONJ
cblr-8481	765	7	this	this	DET
cblr-8481	765	8	standard	standard	NOUN
cblr-8481	765	9	allows	allow	VERB
cblr-8481	765	10	employees	employee	NOUN
cblr-8481	765	11	to	to	PART
cblr-8481	765	12	hide	hide	VERB
cblr-8481	765	13	behind	behind	ADP
cblr-8481	765	14	a	a	DET
cblr-8481	765	15	supervisor	supervisor	NOUN
cblr-8481	765	16	,	,	PUNCT
cblr-8481	765	17	the	the	DET
cblr-8481	765	18	concern	concern	NOUN
cblr-8481	765	19	with	with	ADP
cblr-8481	765	20	applying	apply	VERB
cblr-8481	765	21	a	a	DET
cblr-8481	765	22	more	more	ADV
cblr-8481	765	23	stringent	stringent	ADJ
cblr-8481	765	24	standard	standard	NOUN
cblr-8481	765	25	to	to	ADP
cblr-8481	765	26	any	any	DET
cblr-8481	765	27	“	"	PUNCT
cblr-8481	765	28	drafter	drafter	NOUN
cblr-8481	765	29	”	"	PUNCT
cblr-8481	765	30	beyond	beyond	ADP
cblr-8481	765	31	the	the	DET
cblr-8481	765	32	one	one	NOUN
cblr-8481	765	33	responsible	responsible	ADJ
cblr-8481	765	34	for	for	ADP
cblr-8481	765	35	the	the	DET
cblr-8481	765	36	idea	idea	NOUN
cblr-8481	765	37	behind	behind	ADP
cblr-8481	765	38	the	the	DET
cblr-8481	765	39	misstatement	misstatement	NOUN
cblr-8481	765	40	is	be	AUX
cblr-8481	765	41	that	that	SCONJ
cblr-8481	765	42	it	it	PRON
cblr-8481	765	43	would	would	AUX
cblr-8481	765	44	blur	blur	VERB
cblr-8481	765	45	the	the	DET
cblr-8481	765	46	lines	line	NOUN
cblr-8481	765	47	between	between	ADP
cblr-8481	765	48	secondary	secondary	ADJ
cblr-8481	765	49	and	and	CCONJ
cblr-8481	765	50	primary	primary	ADJ
cblr-8481	765	51	liability	liability	NOUN
cblr-8481	765	52	.	.	PUNCT
cblr-8481	766	1	otherwise	otherwise	ADV
cblr-8481	766	2	,	,	PUNCT
cblr-8481	766	3	the	the	DET
cblr-8481	766	4	subordinate	subordinate	NOUN
cblr-8481	766	5	could	could	AUX
cblr-8481	766	6	be	be	AUX
cblr-8481	766	7	liable	liable	ADJ
cblr-8481	766	8	as	as	ADP
cblr-8481	766	9	the	the	DET
cblr-8481	766	10	170	170	NUM
cblr-8481	766	11	cosenza	cosenza	NOUN
cblr-8481	766	12	,	,	PUNCT
cblr-8481	767	1	supra	supra	PROPN
cblr-8481	767	2	note	note	PROPN
cblr-8481	767	3	134	134	NUM
cblr-8481	767	4	,	,	PUNCT
cblr-8481	767	5	at	at	ADP
cblr-8481	767	6	1049	1049	NUM
cblr-8481	767	7	(	(	PUNCT
cblr-8481	767	8	discussing	discuss	VERB
cblr-8481	767	9	the	the	DET
cblr-8481	767	10	traditional	traditional	ADJ
cblr-8481	767	11	creator	creator	NOUN
cblr-8481	767	12	standard	standard	NOUN
cblr-8481	767	13	)	)	PUNCT
cblr-8481	767	14	.	.	PUNCT
cblr-8481	768	1	171	171	NUM
cblr-8481	768	2	lorenzo	lorenzo	NOUN
cblr-8481	768	3	,	,	PUNCT
cblr-8481	768	4	139	139	NUM
cblr-8481	768	5	s.	s.	PROPN
cblr-8481	768	6	ct	ct	PROPN
cblr-8481	768	7	.	.	PUNCT
cblr-8481	769	1	at	at	ADP
cblr-8481	769	2	1101	1101	NUM
cblr-8481	769	3	.	.	PUNCT
cblr-8481	770	1	172	172	NUM
cblr-8481	770	2	see	see	VERB
cblr-8481	770	3	supra	supra	PROPN
cblr-8481	770	4	section	section	NOUN
cblr-8481	770	5	ii.c	ii.c	NOUN
cblr-8481	770	6	.	.	PUNCT
cblr-8481	771	1	note	note	NOUN
cblr-8481	771	2	–	–	PUNCT
cblr-8481	771	3	lieberman	lieberman	PROPN
cblr-8481	772	1	6/13/2021	6/13/2021	NUM
cblr-8481	772	2	8:45	8:45	NUM
cblr-8481	772	3	pm	pm	NOUN
cblr-8481	772	4	no	no	INTJ
cblr-8481	772	5	.	.	PUNCT
cblr-8481	773	1	1:352	1:352	NUM
cblr-8481	773	2	]	]	X
cblr-8481	773	3	lorenzo	lorenzo	PROPN
cblr-8481	773	4	v.	v.	ADP
cblr-8481	773	5	sec	sec	PROPN
cblr-8481	773	6	and	and	CCONJ
cblr-8481	773	7	the	the	DET
cblr-8481	773	8	expansion	expansion	NOUN
cblr-8481	773	9	of	of	ADP
cblr-8481	773	10	scheme	scheme	NOUN
cblr-8481	773	11	liability	liability	NOUN
cblr-8481	773	12	393	393	NUM
cblr-8481	773	13	coauthor	coauthor	NOUN
cblr-8481	773	14	of	of	ADP
cblr-8481	773	15	a	a	DET
cblr-8481	773	16	misstatement	misstatement	NOUN
cblr-8481	773	17	despite	despite	SCONJ
cblr-8481	773	18	the	the	DET
cblr-8481	773	19	fact	fact	NOUN
cblr-8481	773	20	that	that	SCONJ
cblr-8481	773	21	they	they	PRON
cblr-8481	773	22	act	act	VERB
cblr-8481	773	23	more	more	ADV
cblr-8481	773	24	like	like	ADP
cblr-8481	773	25	a	a	DET
cblr-8481	773	26	research	research	NOUN
cblr-8481	773	27	assistant	assistant	NOUN
cblr-8481	773	28	following	follow	VERB
cblr-8481	773	29	a	a	DET
cblr-8481	773	30	faculty	faculty	NOUN
cblr-8481	773	31	supervisor	supervisor	NOUN
cblr-8481	773	32	’s	’s	PART
cblr-8481	773	33	direction	direction	NOUN
cblr-8481	773	34	rather	rather	ADV
cblr-8481	773	35	than	than	ADP
cblr-8481	773	36	an	an	DET
cblr-8481	773	37	independent	independent	ADJ
cblr-8481	773	38	actor	actor	NOUN
cblr-8481	773	39	originating	originate	VERB
cblr-8481	773	40	the	the	DET
cblr-8481	773	41	idea	idea	NOUN
cblr-8481	773	42	to	to	PART
cblr-8481	773	43	make	make	VERB
cblr-8481	773	44	a	a	DET
cblr-8481	773	45	misstatement.173	misstatement.173	NOUN
cblr-8481	773	46	this	this	PRON
cblr-8481	773	47	is	be	AUX
cblr-8481	773	48	not	not	PART
cblr-8481	773	49	to	to	PART
cblr-8481	773	50	excuse	excuse	VERB
cblr-8481	773	51	their	their	PRON
cblr-8481	773	52	behavior	behavior	NOUN
cblr-8481	773	53	,	,	PUNCT
cblr-8481	773	54	but	but	CCONJ
cblr-8481	773	55	it	it	PRON
cblr-8481	773	56	makes	make	VERB
cblr-8481	773	57	sense	sense	NOUN
cblr-8481	773	58	to	to	PART
cblr-8481	773	59	hold	hold	VERB
cblr-8481	773	60	them	they	PRON
cblr-8481	773	61	liable	liable	ADJ
cblr-8481	773	62	as	as	ADP
cblr-8481	773	63	accomplices	accomplice	NOUN
cblr-8481	773	64	under	under	ADP
cblr-8481	773	65	section	section	NOUN
cblr-8481	773	66	20(e	20(e	NUM
cblr-8481	773	67	)	)	PUNCT
cblr-8481	773	68	given	give	VERB
cblr-8481	773	69	that	that	SCONJ
cblr-8481	773	70	the	the	DET
cblr-8481	773	71	supervisor	supervisor	NOUN
cblr-8481	773	72	is	be	AUX
cblr-8481	773	73	directly	directly	ADV
cblr-8481	773	74	responsible	responsible	ADJ
cblr-8481	773	75	for	for	ADP
cblr-8481	773	76	the	the	DET
cblr-8481	773	77	contents	content	NOUN
cblr-8481	773	78	of	of	ADP
cblr-8481	773	79	the	the	DET
cblr-8481	773	80	misstatement	misstatement	NOUN
cblr-8481	773	81	and	and	CCONJ
cblr-8481	773	82	that	that	SCONJ
cblr-8481	773	83	judicial	judicial	ADJ
cblr-8481	773	84	application	application	NOUN
cblr-8481	773	85	of	of	ADP
cblr-8481	773	86	the	the	DET
cblr-8481	773	87	test	test	NOUN
cblr-8481	773	88	requires	require	VERB
cblr-8481	773	89	clear	clear	ADJ
cblr-8481	773	90	lines	line	NOUN
cblr-8481	773	91	to	to	PART
cblr-8481	773	92	be	be	AUX
cblr-8481	773	93	drawn	draw	VERB
cblr-8481	773	94	.	.	PUNCT
cblr-8481	774	1	it	it	PRON
cblr-8481	774	2	also	also	ADV
cblr-8481	774	3	makes	make	VERB
cblr-8481	774	4	sense	sense	NOUN
cblr-8481	774	5	to	to	PART
cblr-8481	774	6	hold	hold	VERB
cblr-8481	774	7	supervisors	supervisor	NOUN
cblr-8481	774	8	overseeing	oversee	VERB
cblr-8481	774	9	misstatements	misstatement	NOUN
cblr-8481	774	10	liable	liable	ADJ
cblr-8481	774	11	as	as	ADP
cblr-8481	774	12	“	"	PUNCT
cblr-8481	774	13	creators	creator	NOUN
cblr-8481	774	14	”	"	PUNCT
cblr-8481	774	15	because	because	SCONJ
cblr-8481	774	16	they	they	PRON
cblr-8481	774	17	are	be	AUX
cblr-8481	774	18	effectively	effectively	ADV
cblr-8481	774	19	the	the	DET
cblr-8481	774	20	authors	author	NOUN
cblr-8481	774	21	of	of	ADP
cblr-8481	774	22	the	the	DET
cblr-8481	774	23	statements	statement	NOUN
cblr-8481	774	24	.	.	PUNCT
cblr-8481	775	1	this	this	PRON
cblr-8481	775	2	is	be	AUX
cblr-8481	775	3	obviously	obviously	ADV
cblr-8481	775	4	true	true	ADJ
cblr-8481	775	5	if	if	SCONJ
cblr-8481	775	6	they	they	PRON
cblr-8481	775	7	direct	direct	VERB
cblr-8481	775	8	their	their	PRON
cblr-8481	775	9	employee	employee	NOUN
cblr-8481	775	10	to	to	PART
cblr-8481	775	11	draft	draft	VERB
cblr-8481	775	12	the	the	DET
cblr-8481	775	13	misstatement	misstatement	NOUN
cblr-8481	775	14	.	.	PUNCT
cblr-8481	776	1	however	however	ADV
cblr-8481	776	2	,	,	PUNCT
cblr-8481	776	3	this	this	PRON
cblr-8481	776	4	is	be	AUX
cblr-8481	776	5	also	also	ADV
cblr-8481	776	6	the	the	DET
cblr-8481	776	7	case	case	NOUN
cblr-8481	776	8	if	if	SCONJ
cblr-8481	776	9	the	the	DET
cblr-8481	776	10	supervisor	supervisor	NOUN
cblr-8481	776	11	reviews	review	VERB
cblr-8481	776	12	the	the	DET
cblr-8481	776	13	statement	statement	NOUN
cblr-8481	776	14	and	and	CCONJ
cblr-8481	776	15	,	,	PUNCT
cblr-8481	776	16	despite	despite	SCONJ
cblr-8481	776	17	knowing	know	VERB
cblr-8481	776	18	of	of	ADP
cblr-8481	776	19	the	the	DET
cblr-8481	776	20	statement	statement	NOUN
cblr-8481	776	21	’s	’s	PART
cblr-8481	776	22	falsity	falsity	NOUN
cblr-8481	776	23	or	or	CCONJ
cblr-8481	776	24	disregarding	disregard	VERB
cblr-8481	776	25	whether	whether	SCONJ
cblr-8481	776	26	it	it	PRON
cblr-8481	776	27	is	be	AUX
cblr-8481	776	28	true	true	ADJ
cblr-8481	776	29	or	or	CCONJ
cblr-8481	776	30	not	not	PART
cblr-8481	776	31	,	,	PUNCT
cblr-8481	776	32	passes	pass	VERB
cblr-8481	776	33	it	it	PRON
cblr-8481	776	34	on	on	ADP
cblr-8481	776	35	to	to	ADP
cblr-8481	776	36	someone	someone	PRON
cblr-8481	776	37	else	else	ADV
cblr-8481	776	38	at	at	ADP
cblr-8481	776	39	the	the	DET
cblr-8481	776	40	company	company	NOUN
cblr-8481	776	41	or	or	CCONJ
cblr-8481	776	42	disseminates	disseminate	VERB
cblr-8481	776	43	it	it	PRON
cblr-8481	776	44	to	to	ADP
cblr-8481	776	45	the	the	DET
cblr-8481	776	46	public	public	NOUN
cblr-8481	776	47	or	or	CCONJ
cblr-8481	776	48	investors	investor	NOUN
cblr-8481	776	49	.	.	PUNCT
cblr-8481	777	1	by	by	ADP
cblr-8481	777	2	sharing	share	VERB
cblr-8481	777	3	the	the	DET
cblr-8481	777	4	statement	statement	NOUN
cblr-8481	777	5	,	,	PUNCT
cblr-8481	777	6	these	these	DET
cblr-8481	777	7	supervisors	supervisor	NOUN
cblr-8481	777	8	ratify	ratify	VERB
cblr-8481	777	9	it	it	PRON
cblr-8481	777	10	because	because	SCONJ
cblr-8481	777	11	they	they	PRON
cblr-8481	777	12	have	have	AUX
cblr-8481	777	13	reviewed	review	VERB
cblr-8481	777	14	it	it	PRON
cblr-8481	777	15	and	and	CCONJ
cblr-8481	777	16	determined	determine	VERB
cblr-8481	777	17	that	that	SCONJ
cblr-8481	777	18	it	it	PRON
cblr-8481	777	19	was	be	AUX
cblr-8481	777	20	acceptable	acceptable	ADJ
cblr-8481	777	21	for	for	ADP
cblr-8481	777	22	public	public	ADJ
cblr-8481	777	23	dissemination	dissemination	NOUN
cblr-8481	777	24	even	even	ADV
cblr-8481	777	25	if	if	SCONJ
cblr-8481	777	26	they	they	PRON
cblr-8481	777	27	did	do	AUX
cblr-8481	777	28	not	not	PART
cblr-8481	777	29	create	create	VERB
cblr-8481	777	30	the	the	DET
cblr-8481	777	31	false	false	ADJ
cblr-8481	777	32	statement	statement	NOUN
cblr-8481	777	33	themselves	themselves	PRON
cblr-8481	777	34	.	.	PUNCT
cblr-8481	778	1	given	give	VERB
cblr-8481	778	2	the	the	DET
cblr-8481	778	3	significant	significant	ADJ
cblr-8481	778	4	role	role	NOUN
cblr-8481	778	5	that	that	PRON
cblr-8481	778	6	supervisors	supervisor	NOUN
cblr-8481	778	7	play	play	VERB
cblr-8481	778	8	in	in	ADP
cblr-8481	778	9	the	the	DET
cblr-8481	778	10	process	process	NOUN
cblr-8481	778	11	of	of	ADP
cblr-8481	778	12	getting	get	VERB
cblr-8481	778	13	misstatements	misstatement	NOUN
cblr-8481	778	14	out	out	ADP
cblr-8481	778	15	to	to	ADP
cblr-8481	778	16	the	the	DET
cblr-8481	778	17	investing	investing	NOUN
cblr-8481	778	18	public	public	NOUN
cblr-8481	778	19	—	—	PUNCT
cblr-8481	778	20	whether	whether	SCONJ
cblr-8481	778	21	by	by	ADP
cblr-8481	778	22	direct	direct	ADJ
cblr-8481	778	23	dissemination	dissemination	NOUN
cblr-8481	778	24	or	or	CCONJ
cblr-8481	778	25	by	by	ADP
cblr-8481	778	26	passage	passage	NOUN
cblr-8481	778	27	up	up	ADP
cblr-8481	778	28	the	the	DET
cblr-8481	778	29	food	food	NOUN
cblr-8481	778	30	-	-	PUNCT
cblr-8481	778	31	chain	chain	NOUN
cblr-8481	778	32	after	after	ADP
cblr-8481	778	33	review174	review174	PROPN
cblr-8481	778	34	—	—	PUNCT
cblr-8481	778	35	they	they	PRON
cblr-8481	778	36	need	need	VERB
cblr-8481	778	37	to	to	PART
cblr-8481	778	38	be	be	AUX
cblr-8481	778	39	held	hold	VERB
cblr-8481	778	40	accountable	accountable	ADJ
cblr-8481	778	41	.	.	PUNCT
cblr-8481	779	1	under	under	ADP
cblr-8481	779	2	this	this	DET
cblr-8481	779	3	definition	definition	NOUN
cblr-8481	779	4	of	of	ADP
cblr-8481	779	5	“	"	PUNCT
cblr-8481	779	6	creator	creator	NOUN
cblr-8481	779	7	,	,	PUNCT
cblr-8481	779	8	”	"	PUNCT
cblr-8481	779	9	the	the	DET
cblr-8481	779	10	final	final	ADJ
cblr-8481	779	11	person	person	NOUN
cblr-8481	779	12	to	to	PART
cblr-8481	779	13	review	review	VERB
cblr-8481	779	14	and	and	CCONJ
cblr-8481	779	15	send	send	VERB
cblr-8481	779	16	out	out	ADP
cblr-8481	779	17	the	the	DET
cblr-8481	779	18	false	false	ADJ
cblr-8481	779	19	statement	statement	NOUN
cblr-8481	779	20	to	to	ADP
cblr-8481	779	21	the	the	DET
cblr-8481	779	22	public	public	NOUN
cblr-8481	779	23	is	be	AUX
cblr-8481	779	24	not	not	PART
cblr-8481	779	25	the	the	DET
cblr-8481	779	26	only	only	ADJ
cblr-8481	779	27	person	person	NOUN
cblr-8481	779	28	held	hold	VERB
cblr-8481	779	29	liable	liable	ADJ
cblr-8481	779	30	.	.	PUNCT
cblr-8481	780	1	rather	rather	ADV
cblr-8481	780	2	,	,	PUNCT
cblr-8481	780	3	anyone	anyone	PRON
cblr-8481	780	4	responsible	responsible	ADJ
cblr-8481	780	5	for	for	ADP
cblr-8481	780	6	overseeing	overseeing	NOUN
cblr-8481	780	7	,	,	PUNCT
cblr-8481	780	8	editing	editing	NOUN
cblr-8481	780	9	,	,	PUNCT
cblr-8481	780	10	and	and	CCONJ
cblr-8481	780	11	reviewing	review	VERB
cblr-8481	780	12	the	the	DET
cblr-8481	780	13	statement	statement	NOUN
cblr-8481	780	14	who	who	PRON
cblr-8481	780	15	is	be	AUX
cblr-8481	780	16	employed	employ	VERB
cblr-8481	780	17	by	by	ADP
cblr-8481	780	18	the	the	DET
cblr-8481	780	19	issuer	issuer	NOUN
cblr-8481	780	20	is	be	AUX
cblr-8481	780	21	liable	liable	ADJ
cblr-8481	780	22	so	so	ADV
cblr-8481	780	23	long	long	ADV
cblr-8481	780	24	as	as	SCONJ
cblr-8481	780	25	they	they	PRON
cblr-8481	780	26	are	be	AUX
cblr-8481	780	27	acting	act	VERB
cblr-8481	780	28	in	in	ADP
cblr-8481	780	29	a	a	DET
cblr-8481	780	30	supervisory	supervisory	ADJ
cblr-8481	780	31	capacity.175	capacity.175	NOUN
cblr-8481	780	32	173	173	NUM
cblr-8481	781	1	i	i	PRON
cblr-8481	781	2	would	would	AUX
cblr-8481	781	3	like	like	VERB
cblr-8481	781	4	to	to	PART
cblr-8481	781	5	credit	credit	VERB
cblr-8481	781	6	my	my	PRON
cblr-8481	781	7	faculty	faculty	NOUN
cblr-8481	781	8	supervisor	supervisor	NOUN
cblr-8481	781	9	,	,	PUNCT
cblr-8481	781	10	professor	professor	PROPN
cblr-8481	781	11	joshua	joshua	PROPN
cblr-8481	781	12	mitts	mitts	PROPN
cblr-8481	781	13	,	,	PUNCT
cblr-8481	781	14	for	for	ADP
cblr-8481	781	15	coming	come	VERB
cblr-8481	781	16	up	up	ADP
cblr-8481	781	17	with	with	ADP
cblr-8481	781	18	this	this	DET
cblr-8481	781	19	analogy	analogy	NOUN
cblr-8481	781	20	.	.	PUNCT
cblr-8481	782	1	174	174	NUM
cblr-8481	782	2	cf	cf	NOUN
cblr-8481	782	3	.	.	PUNCT
cblr-8481	783	1	lewis	lewis	PROPN
cblr-8481	783	2	d.	d.	PROPN
cblr-8481	783	3	lowenfels	lowenfels	PROPN
cblr-8481	783	4	&	&	CCONJ
cblr-8481	783	5	alan	alan	PROPN
cblr-8481	783	6	r.	r.	PROPN
cblr-8481	783	7	bromberg	bromberg	PROPN
cblr-8481	783	8	,	,	PUNCT
cblr-8481	783	9	a	a	DET
cblr-8481	783	10	new	new	ADJ
cblr-8481	783	11	standard	standard	NOUN
cblr-8481	783	12	for	for	ADP
cblr-8481	783	13	aiders	aider	NOUN
cblr-8481	783	14	and	and	CCONJ
cblr-8481	783	15	abettors	abettor	NOUN
cblr-8481	783	16	under	under	ADP
cblr-8481	783	17	the	the	DET
cblr-8481	783	18	private	private	ADJ
cblr-8481	783	19	securities	security	NOUN
cblr-8481	783	20	litigation	litigation	PROPN
cblr-8481	783	21	reform	reform	PROPN
cblr-8481	783	22	act	act	NOUN
cblr-8481	783	23	of	of	ADP
cblr-8481	783	24	1995	1995	NUM
cblr-8481	783	25	,	,	PUNCT
cblr-8481	783	26	52	52	NUM
cblr-8481	783	27	bus	bus	NOUN
cblr-8481	783	28	.	.	PUNCT
cblr-8481	784	1	law	law	NOUN
cblr-8481	784	2	.	.	PUNCT
cblr-8481	785	1	1	1	NUM
cblr-8481	785	2	,	,	PUNCT
cblr-8481	785	3	12	12	NUM
cblr-8481	785	4	n.59	n.59	NUM
cblr-8481	785	5	(	(	PUNCT
cblr-8481	785	6	1996	1996	NUM
cblr-8481	785	7	)	)	PUNCT
cblr-8481	785	8	(	(	PUNCT
cblr-8481	785	9	noting	note	VERB
cblr-8481	785	10	some	some	PRON
cblr-8481	785	11	of	of	ADP
cblr-8481	785	12	the	the	DET
cblr-8481	785	13	parties	party	NOUN
cblr-8481	785	14	involved	involve	VERB
cblr-8481	785	15	in	in	ADP
cblr-8481	785	16	formulating	formulate	VERB
cblr-8481	785	17	corporate	corporate	ADJ
cblr-8481	785	18	statements	statement	NOUN
cblr-8481	785	19	)	)	PUNCT
cblr-8481	785	20	.	.	PUNCT
cblr-8481	786	1	in	in	ADP
cblr-8481	786	2	certain	certain	ADJ
cblr-8481	786	3	cases	case	NOUN
cblr-8481	786	4	,	,	PUNCT
cblr-8481	786	5	attorneys	attorney	NOUN
cblr-8481	786	6	must	must	AUX
cblr-8481	786	7	report	report	VERB
cblr-8481	786	8	issues	issue	NOUN
cblr-8481	786	9	upward	upward	ADV
cblr-8481	786	10	as	as	ADP
cblr-8481	786	11	a	a	DET
cblr-8481	786	12	matter	matter	NOUN
cblr-8481	786	13	of	of	ADP
cblr-8481	786	14	law	law	NOUN
cblr-8481	786	15	,	,	PUNCT
cblr-8481	786	16	not	not	PART
cblr-8481	786	17	just	just	ADV
cblr-8481	786	18	as	as	ADP
cblr-8481	786	19	a	a	DET
cblr-8481	786	20	matter	matter	NOUN
cblr-8481	786	21	of	of	ADP
cblr-8481	786	22	company	company	NOUN
cblr-8481	786	23	procedure	procedure	NOUN
cblr-8481	786	24	.	.	PUNCT
cblr-8481	787	1	see	see	VERB
cblr-8481	787	2	17	17	NUM
cblr-8481	787	3	c.f.r	c.f.r	NOUN
cblr-8481	787	4	.	.	PUNCT
cblr-8481	788	1	§	§	PROPN
cblr-8481	788	2	205.3(b)–(c	205.3(b)–(c	PROPN
cblr-8481	788	3	)	)	PUNCT
cblr-8481	788	4	(	(	PUNCT
cblr-8481	788	5	2020	2020	NUM
cblr-8481	788	6	)	)	PUNCT
cblr-8481	788	7	.	.	PUNCT
cblr-8481	789	1	175	175	NUM
cblr-8481	789	2	for	for	ADP
cblr-8481	789	3	instance	instance	NOUN
cblr-8481	789	4	,	,	PUNCT
cblr-8481	789	5	this	this	PRON
cblr-8481	789	6	means	mean	VERB
cblr-8481	789	7	a	a	DET
cblr-8481	789	8	middle	middle	ADJ
cblr-8481	789	9	manager	manager	NOUN
cblr-8481	789	10	who	who	PRON
cblr-8481	789	11	oversees	oversee	VERB
cblr-8481	789	12	a	a	DET
cblr-8481	789	13	fraudulent	fraudulent	ADJ
cblr-8481	789	14	report	report	NOUN
cblr-8481	789	15	written	write	VERB
cblr-8481	789	16	by	by	ADP
cblr-8481	789	17	a	a	DET
cblr-8481	789	18	lower	low	ADJ
cblr-8481	789	19	-	-	PUNCT
cblr-8481	789	20	level	level	NOUN
cblr-8481	789	21	employee	employee	NOUN
cblr-8481	789	22	would	would	AUX
cblr-8481	789	23	be	be	AUX
cblr-8481	789	24	liable	liable	ADJ
cblr-8481	789	25	as	as	ADP
cblr-8481	789	26	a	a	DET
cblr-8481	789	27	note	note	NOUN
cblr-8481	789	28	lieberman	lieberman	PROPN
cblr-8481	789	29	6/13/2021	6/13/2021	NUM
cblr-8481	789	30	8:45	8:45	NUM
cblr-8481	789	31	pm	pm	NOUN
cblr-8481	790	1	394	394	NUM
cblr-8481	790	2	columbia	columbia	PROPN
cblr-8481	790	3	business	business	NOUN
cblr-8481	790	4	law	law	NOUN
cblr-8481	790	5	review	review	NOUN
cblr-8481	790	6	[	[	X
cblr-8481	790	7	vol	vol	NOUN
cblr-8481	790	8	.	.	PUNCT
cblr-8481	790	9	2021	2021	NUM
cblr-8481	790	10	finally	finally	ADV
cblr-8481	790	11	,	,	PUNCT
cblr-8481	790	12	as	as	SCONJ
cblr-8481	790	13	will	will	AUX
cblr-8481	790	14	be	be	AUX
cblr-8481	790	15	explained	explain	VERB
cblr-8481	790	16	later	later	ADV
cblr-8481	790	17	on	on	ADV
cblr-8481	790	18	,	,	PUNCT
cblr-8481	790	19	liability	liability	NOUN
cblr-8481	790	20	for	for	ADP
cblr-8481	790	21	outside	outside	ADJ
cblr-8481	790	22	advisors	advisor	NOUN
cblr-8481	790	23	like	like	ADP
cblr-8481	790	24	lawyers	lawyer	NOUN
cblr-8481	790	25	and	and	CCONJ
cblr-8481	790	26	accountants	accountant	NOUN
cblr-8481	790	27	is	be	AUX
cblr-8481	790	28	a	a	DET
cblr-8481	790	29	crucial	crucial	ADJ
cblr-8481	790	30	deterrence	deterrence	NOUN
cblr-8481	790	31	mechanism	mechanism	NOUN
cblr-8481	790	32	because	because	SCONJ
cblr-8481	790	33	these	these	DET
cblr-8481	790	34	advisors	advisor	NOUN
cblr-8481	790	35	can	can	AUX
cblr-8481	790	36	act	act	VERB
cblr-8481	790	37	as	as	ADP
cblr-8481	790	38	“	"	PUNCT
cblr-8481	790	39	third	third	ADJ
cblr-8481	790	40	party	party	NOUN
cblr-8481	790	41	gatekeepers	gatekeeper	NOUN
cblr-8481	790	42	”	"	PUNCT
cblr-8481	790	43	with	with	ADP
cblr-8481	790	44	an	an	DET
cblr-8481	790	45	incentive	incentive	NOUN
cblr-8481	790	46	to	to	PART
cblr-8481	790	47	keep	keep	VERB
cblr-8481	790	48	misstatements	misstatement	NOUN
cblr-8481	790	49	in	in	ADP
cblr-8481	790	50	their	their	PRON
cblr-8481	790	51	areas	area	NOUN
cblr-8481	790	52	of	of	ADP
cblr-8481	790	53	responsibility	responsibility	NOUN
cblr-8481	790	54	from	from	ADP
cblr-8481	790	55	reaching	reach	VERB
cblr-8481	790	56	the	the	DET
cblr-8481	790	57	public.176	public.176	NOUN
cblr-8481	790	58	however	however	ADV
cblr-8481	790	59	,	,	PUNCT
cblr-8481	790	60	adopting	adopt	VERB
cblr-8481	790	61	a	a	DET
cblr-8481	790	62	broader	broad	ADJ
cblr-8481	790	63	scope	scope	NOUN
cblr-8481	790	64	of	of	ADP
cblr-8481	790	65	liability	liability	NOUN
cblr-8481	790	66	for	for	ADP
cblr-8481	790	67	these	these	DET
cblr-8481	790	68	gatekeepers	gatekeeper	NOUN
cblr-8481	790	69	could	could	AUX
cblr-8481	790	70	blur	blur	VERB
cblr-8481	790	71	the	the	DET
cblr-8481	790	72	line	line	NOUN
cblr-8481	790	73	between	between	ADP
cblr-8481	790	74	primary	primary	ADJ
cblr-8481	790	75	and	and	CCONJ
cblr-8481	790	76	accomplice	accomplice	NOUN
cblr-8481	790	77	liability	liability	NOUN
cblr-8481	790	78	.	.	PUNCT
cblr-8481	791	1	plaintiffs	plaintiff	NOUN
cblr-8481	791	2	could	could	AUX
cblr-8481	791	3	go	go	VERB
cblr-8481	791	4	after	after	ADP
cblr-8481	791	5	law	law	NOUN
cblr-8481	791	6	firms	firm	NOUN
cblr-8481	791	7	and	and	CCONJ
cblr-8481	791	8	accounting	accounting	NOUN
cblr-8481	791	9	firms	firm	NOUN
cblr-8481	791	10	and	and	CCONJ
cblr-8481	791	11	embroil	embroil	VERB
cblr-8481	791	12	them	they	PRON
cblr-8481	791	13	in	in	ADP
cblr-8481	791	14	long	long	ADJ
cblr-8481	791	15	and	and	CCONJ
cblr-8481	791	16	expensive	expensive	ADJ
cblr-8481	791	17	litigation	litigation	NOUN
cblr-8481	791	18	,	,	PUNCT
cblr-8481	791	19	creating	create	VERB
cblr-8481	791	20	the	the	DET
cblr-8481	791	21	situation	situation	NOUN
cblr-8481	791	22	the	the	DET
cblr-8481	791	23	court	court	NOUN
cblr-8481	791	24	feared	fear	VERB
cblr-8481	791	25	in	in	ADP
cblr-8481	791	26	central	central	ADJ
cblr-8481	791	27	bank.177	bank.177	CCONJ
cblr-8481	791	28	by	by	ADP
cblr-8481	791	29	contrast	contrast	NOUN
cblr-8481	791	30	,	,	PUNCT
cblr-8481	791	31	limiting	limit	VERB
cblr-8481	791	32	liability	liability	NOUN
cblr-8481	791	33	to	to	ADP
cblr-8481	791	34	“	"	PUNCT
cblr-8481	791	35	final	final	ADJ
cblr-8481	791	36	reviewers	reviewer	NOUN
cblr-8481	791	37	”	"	PUNCT
cblr-8481	791	38	of	of	ADP
cblr-8481	791	39	documents	document	NOUN
cblr-8481	791	40	containing	contain	VERB
cblr-8481	791	41	misstatements	misstatement	NOUN
cblr-8481	791	42	ensures	ensure	VERB
cblr-8481	791	43	that	that	SCONJ
cblr-8481	791	44	lawyers	lawyer	NOUN
cblr-8481	791	45	and	and	CCONJ
cblr-8481	791	46	accountants	accountant	NOUN
cblr-8481	791	47	are	be	AUX
cblr-8481	791	48	motivated	motivated	ADJ
cblr-8481	791	49	to	to	PART
cblr-8481	791	50	prevent	prevent	VERB
cblr-8481	791	51	their	their	PRON
cblr-8481	791	52	dissemination	dissemination	NOUN
cblr-8481	791	53	to	to	ADP
cblr-8481	791	54	the	the	DET
cblr-8481	791	55	public	public	NOUN
cblr-8481	791	56	,	,	PUNCT
cblr-8481	791	57	while	while	SCONJ
cblr-8481	791	58	at	at	ADP
cblr-8481	791	59	the	the	DET
cblr-8481	791	60	same	same	ADJ
cblr-8481	791	61	time	time	NOUN
cblr-8481	791	62	preventing	prevent	VERB
cblr-8481	791	63	too	too	ADV
cblr-8481	791	64	many	many	ADJ
cblr-8481	791	65	employees	employee	NOUN
cblr-8481	791	66	of	of	ADP
cblr-8481	791	67	the	the	DET
cblr-8481	791	68	law	law	NOUN
cblr-8481	791	69	firm	firm	NOUN
cblr-8481	791	70	or	or	CCONJ
cblr-8481	791	71	accounting	accounting	NOUN
cblr-8481	791	72	firm	firm	NOUN
cblr-8481	791	73	from	from	ADP
cblr-8481	791	74	being	be	AUX
cblr-8481	791	75	swept	sweep	VERB
cblr-8481	791	76	up	up	ADP
cblr-8481	791	77	in	in	ADP
cblr-8481	791	78	litigation	litigation	NOUN
cblr-8481	791	79	.	.	PUNCT
cblr-8481	792	1	even	even	ADV
cblr-8481	792	2	if	if	SCONJ
cblr-8481	792	3	junior	junior	ADJ
cblr-8481	792	4	and	and	CCONJ
cblr-8481	792	5	mid	mid	ADJ
cblr-8481	792	6	-	-	ADJ
cblr-8481	792	7	level	level	ADJ
cblr-8481	792	8	associates	associate	NOUN
cblr-8481	792	9	at	at	ADP
cblr-8481	792	10	a	a	DET
cblr-8481	792	11	law	law	NOUN
cblr-8481	792	12	firm	firm	NOUN
cblr-8481	792	13	bear	bear	VERB
cblr-8481	792	14	some	some	DET
cblr-8481	792	15	responsibility	responsibility	NOUN
cblr-8481	792	16	for	for	ADP
cblr-8481	792	17	reviewing	review	VERB
cblr-8481	792	18	a	a	DET
cblr-8481	792	19	document	document	NOUN
cblr-8481	792	20	and	and	CCONJ
cblr-8481	792	21	allowing	allow	VERB
cblr-8481	792	22	a	a	DET
cblr-8481	792	23	misstatement	misstatement	NOUN
cblr-8481	792	24	to	to	PART
cblr-8481	792	25	remain	remain	VERB
cblr-8481	792	26	,	,	PUNCT
cblr-8481	792	27	valid	valid	ADJ
cblr-8481	792	28	concerns	concern	NOUN
cblr-8481	792	29	about	about	ADP
cblr-8481	792	30	vexatious	vexatious	ADJ
cblr-8481	792	31	litigation	litigation	NOUN
cblr-8481	792	32	make	make	VERB
cblr-8481	792	33	it	it	PRON
cblr-8481	792	34	necessary	necessary	ADJ
cblr-8481	792	35	to	to	PART
cblr-8481	792	36	have	have	VERB
cblr-8481	792	37	only	only	ADV
cblr-8481	792	38	a	a	DET
cblr-8481	792	39	narrow	narrow	ADJ
cblr-8481	792	40	set	set	NOUN
cblr-8481	792	41	of	of	ADP
cblr-8481	792	42	outside	outside	ADJ
cblr-8481	792	43	actors	actor	NOUN
cblr-8481	792	44	assume	assume	VERB
cblr-8481	792	45	liability.178	liability.178	PROPN
cblr-8481	792	46	the	the	DET
cblr-8481	792	47	partner	partner	NOUN
cblr-8481	792	48	overseeing	oversee	VERB
cblr-8481	792	49	the	the	DET
cblr-8481	792	50	client	client	NOUN
cblr-8481	792	51	’s	’s	PART
cblr-8481	792	52	case	case	NOUN
cblr-8481	792	53	is	be	AUX
cblr-8481	792	54	the	the	DET
cblr-8481	792	55	person	person	NOUN
cblr-8481	792	56	most	most	ADV
cblr-8481	792	57	responsible	responsible	ADJ
cblr-8481	792	58	for	for	ADP
cblr-8481	792	59	overseeing	oversee	VERB
cblr-8481	792	60	the	the	DET
cblr-8481	792	61	work	work	NOUN
cblr-8481	792	62	of	of	ADP
cblr-8481	792	63	their	their	PRON
cblr-8481	792	64	subordinates	subordinate	NOUN
cblr-8481	792	65	and	and	CCONJ
cblr-8481	792	66	ensuring	ensure	VERB
cblr-8481	792	67	that	that	SCONJ
cblr-8481	792	68	their	their	PRON
cblr-8481	792	69	clients	client	NOUN
cblr-8481	792	70	comply	comply	VERB
cblr-8481	792	71	with	with	ADP
cblr-8481	792	72	the	the	DET
cblr-8481	792	73	law.179	law.179	PROPN
cblr-8481	792	74	creator	creator	NOUN
cblr-8481	792	75	even	even	ADV
cblr-8481	792	76	if	if	SCONJ
cblr-8481	792	77	they	they	PRON
cblr-8481	792	78	then	then	ADV
cblr-8481	792	79	pass	pass	VERB
cblr-8481	792	80	it	it	PRON
cblr-8481	792	81	on	on	ADP
cblr-8481	792	82	to	to	ADP
cblr-8481	792	83	a	a	DET
cblr-8481	792	84	senior	senior	ADJ
cblr-8481	792	85	vice	vice	NOUN
cblr-8481	792	86	president	president	NOUN
cblr-8481	792	87	.	.	PUNCT
cblr-8481	793	1	however	however	ADV
cblr-8481	793	2	,	,	PUNCT
cblr-8481	793	3	if	if	SCONJ
cblr-8481	793	4	a	a	DET
cblr-8481	793	5	fellow	fellow	NOUN
cblr-8481	793	6	lower	low	ADJ
cblr-8481	793	7	-	-	PUNCT
cblr-8481	793	8	level	level	NOUN
cblr-8481	793	9	employee	employee	NOUN
cblr-8481	793	10	edits	edit	VERB
cblr-8481	793	11	that	that	DET
cblr-8481	793	12	report	report	NOUN
cblr-8481	793	13	,	,	PUNCT
cblr-8481	793	14	then	then	ADV
cblr-8481	793	15	they	they	PRON
cblr-8481	793	16	would	would	AUX
cblr-8481	793	17	only	only	ADV
cblr-8481	793	18	be	be	AUX
cblr-8481	793	19	an	an	DET
cblr-8481	793	20	aider	aider	NOUN
cblr-8481	793	21	or	or	CCONJ
cblr-8481	793	22	abettor	abettor	NOUN
cblr-8481	793	23	rather	rather	ADV
cblr-8481	793	24	than	than	ADP
cblr-8481	793	25	a	a	DET
cblr-8481	793	26	“	"	PUNCT
cblr-8481	793	27	creator	creator	NOUN
cblr-8481	793	28	”	"	PUNCT
cblr-8481	793	29	because	because	SCONJ
cblr-8481	793	30	they	they	PRON
cblr-8481	793	31	do	do	AUX
cblr-8481	793	32	not	not	PART
cblr-8481	793	33	hold	hold	VERB
cblr-8481	793	34	any	any	DET
cblr-8481	793	35	authority	authority	NOUN
cblr-8481	793	36	over	over	ADP
cblr-8481	793	37	the	the	DET
cblr-8481	793	38	drafter	drafter	NOUN
cblr-8481	793	39	and	and	CCONJ
cblr-8481	793	40	can	can	AUX
cblr-8481	793	41	not	not	PART
cblr-8481	793	42	“	"	PUNCT
cblr-8481	793	43	ratify	ratify	VERB
cblr-8481	793	44	”	"	PUNCT
cblr-8481	793	45	the	the	DET
cblr-8481	793	46	statement	statement	NOUN
cblr-8481	793	47	.	.	PUNCT
cblr-8481	794	1	hence	hence	ADV
cblr-8481	794	2	as	as	SCONJ
cblr-8481	794	3	the	the	DET
cblr-8481	794	4	document	document	NOUN
cblr-8481	794	5	containing	contain	VERB
cblr-8481	794	6	a	a	DET
cblr-8481	794	7	misstatement	misstatement	NOUN
cblr-8481	794	8	moves	move	NOUN
cblr-8481	794	9	up	up	ADP
cblr-8481	794	10	the	the	DET
cblr-8481	794	11	corporate	corporate	ADJ
cblr-8481	794	12	ladder	ladder	NOUN
cblr-8481	794	13	,	,	PUNCT
cblr-8481	794	14	each	each	DET
cblr-8481	794	15	person	person	NOUN
cblr-8481	794	16	who	who	PRON
cblr-8481	794	17	reviews	review	VERB
cblr-8481	794	18	and	and	CCONJ
cblr-8481	794	19	ratifies	ratify	VERB
cblr-8481	794	20	the	the	DET
cblr-8481	794	21	misstatement	misstatement	NOUN
cblr-8481	794	22	would	would	AUX
cblr-8481	794	23	be	be	AUX
cblr-8481	794	24	held	hold	VERB
cblr-8481	794	25	liable	liable	ADJ
cblr-8481	794	26	as	as	ADP
cblr-8481	794	27	a	a	DET
cblr-8481	794	28	“	"	PUNCT
cblr-8481	794	29	creator	creator	NOUN
cblr-8481	794	30	,	,	PUNCT
cblr-8481	794	31	”	"	PUNCT
cblr-8481	794	32	assuming	assume	VERB
cblr-8481	794	33	they	they	PRON
cblr-8481	794	34	have	have	VERB
cblr-8481	794	35	the	the	DET
cblr-8481	794	36	requisite	requisite	ADJ
cblr-8481	794	37	scienter	scienter	NOUN
cblr-8481	794	38	.	.	PUNCT
cblr-8481	795	1	176	176	NUM
cblr-8481	795	2	see	see	VERB
cblr-8481	795	3	infra	infra	NOUN
cblr-8481	795	4	notes	note	VERB
cblr-8481	795	5	221–226	221–226	NUM
cblr-8481	795	6	and	and	CCONJ
cblr-8481	795	7	accompanying	accompany	VERB
cblr-8481	795	8	text	text	NOUN
cblr-8481	795	9	.	.	PUNCT
cblr-8481	796	1	177	177	NUM
cblr-8481	796	2	see	see	VERB
cblr-8481	796	3	supra	supra	PROPN
cblr-8481	796	4	notes	note	NOUN
cblr-8481	796	5	28–29	28–29	NUM
cblr-8481	796	6	and	and	CCONJ
cblr-8481	796	7	accompanying	accompany	VERB
cblr-8481	796	8	text	text	NOUN
cblr-8481	796	9	.	.	PUNCT
cblr-8481	797	1	178	178	NUM
cblr-8481	797	2	while	while	SCONJ
cblr-8481	797	3	middle	middle	ADJ
cblr-8481	797	4	management	management	NOUN
cblr-8481	797	5	employed	employ	VERB
cblr-8481	797	6	by	by	ADP
cblr-8481	797	7	the	the	DET
cblr-8481	797	8	issuer	issuer	NOUN
cblr-8481	797	9	would	would	AUX
cblr-8481	797	10	be	be	AUX
cblr-8481	797	11	liable	liable	ADJ
cblr-8481	797	12	for	for	ADP
cblr-8481	797	13	ratification	ratification	NOUN
cblr-8481	797	14	of	of	ADP
cblr-8481	797	15	misstatements	misstatement	NOUN
cblr-8481	797	16	,	,	PUNCT
cblr-8481	797	17	the	the	DET
cblr-8481	797	18	final	final	ADJ
cblr-8481	797	19	review	review	NOUN
cblr-8481	797	20	standard	standard	NOUN
cblr-8481	797	21	for	for	ADP
cblr-8481	797	22	third	third	ADJ
cblr-8481	797	23	-	-	PUNCT
cblr-8481	797	24	party	party	NOUN
cblr-8481	797	25	advisors	advisor	NOUN
cblr-8481	797	26	means	mean	VERB
cblr-8481	797	27	that	that	SCONJ
cblr-8481	797	28	the	the	DET
cblr-8481	797	29	highest	high	ADJ
cblr-8481	797	30	level	level	NOUN
cblr-8481	797	31	outside	outside	ADP
cblr-8481	797	32	actor	actor	NOUN
cblr-8481	797	33	to	to	PART
cblr-8481	797	34	review	review	VERB
cblr-8481	797	35	and	and	CCONJ
cblr-8481	797	36	ratify	ratify	VERB
cblr-8481	797	37	the	the	DET
cblr-8481	797	38	misstatement	misstatement	NOUN
cblr-8481	797	39	(	(	PUNCT
cblr-8481	797	40	likely	likely	ADJ
cblr-8481	797	41	a	a	DET
cblr-8481	797	42	law	law	NOUN
cblr-8481	797	43	firm	firm	NOUN
cblr-8481	797	44	or	or	CCONJ
cblr-8481	797	45	accounting	accounting	NOUN
cblr-8481	797	46	firm	firm	NOUN
cblr-8481	797	47	partner	partner	NOUN
cblr-8481	797	48	)	)	PUNCT
cblr-8481	797	49	is	be	AUX
cblr-8481	797	50	the	the	DET
cblr-8481	797	51	only	only	ADJ
cblr-8481	797	52	person	person	NOUN
cblr-8481	797	53	held	hold	VERB
cblr-8481	797	54	primarily	primarily	ADV
cblr-8481	797	55	liable	liable	ADJ
cblr-8481	797	56	under	under	ADP
cblr-8481	797	57	the	the	DET
cblr-8481	797	58	modified	modify	VERB
cblr-8481	797	59	creator	creator	NOUN
cblr-8481	797	60	standard	standard	NOUN
cblr-8481	797	61	.	.	PUNCT
cblr-8481	798	1	179	179	NUM
cblr-8481	799	1	it	it	PRON
cblr-8481	799	2	is	be	AUX
cblr-8481	799	3	important	important	ADJ
cblr-8481	799	4	to	to	PART
cblr-8481	799	5	note	note	VERB
cblr-8481	799	6	that	that	SCONJ
cblr-8481	799	7	the	the	DET
cblr-8481	799	8	“	"	PUNCT
cblr-8481	799	9	final	final	ADJ
cblr-8481	799	10	review	review	NOUN
cblr-8481	799	11	”	"	PUNCT
cblr-8481	799	12	standard	standard	NOUN
cblr-8481	799	13	is	be	AUX
cblr-8481	799	14	intended	intend	VERB
cblr-8481	799	15	to	to	PART
cblr-8481	799	16	apply	apply	VERB
cblr-8481	799	17	only	only	ADV
cblr-8481	799	18	to	to	ADP
cblr-8481	799	19	outside	outside	ADJ
cblr-8481	799	20	parties	party	NOUN
cblr-8481	799	21	responsible	responsible	ADJ
cblr-8481	799	22	for	for	ADP
cblr-8481	799	23	reviewing	review	VERB
cblr-8481	799	24	the	the	DET
cblr-8481	799	25	documents	document	NOUN
cblr-8481	799	26	containing	contain	VERB
cblr-8481	799	27	the	the	DET
cblr-8481	799	28	misstatement	misstatement	NOUN
cblr-8481	799	29	,	,	PUNCT
cblr-8481	799	30	and	and	CCONJ
cblr-8481	799	31	it	it	PRON
cblr-8481	799	32	does	do	AUX
cblr-8481	799	33	not	not	PART
cblr-8481	799	34	apply	apply	VERB
cblr-8481	799	35	to	to	ADP
cblr-8481	799	36	insiders	insider	NOUN
cblr-8481	799	37	.	.	PUNCT
cblr-8481	800	1	moreover	moreover	ADV
cblr-8481	800	2	,	,	PUNCT
cblr-8481	800	3	finding	find	VERB
cblr-8481	800	4	a	a	DET
cblr-8481	800	5	law	law	NOUN
cblr-8481	800	6	firm	firm	NOUN
cblr-8481	800	7	partner	partner	NOUN
cblr-8481	800	8	(	(	PUNCT
cblr-8481	800	9	or	or	CCONJ
cblr-8481	800	10	similar	similar	ADJ
cblr-8481	800	11	supervisor	supervisor	NOUN
cblr-8481	800	12	)	)	PUNCT
cblr-8481	800	13	liable	liable	ADJ
cblr-8481	800	14	for	for	ADP
cblr-8481	800	15	not	not	PART
cblr-8481	800	16	correcting	correct	VERB
cblr-8481	800	17	or	or	CCONJ
cblr-8481	800	18	note	note	VERB
cblr-8481	800	19	–	–	PUNCT
cblr-8481	800	20	lieberman	lieberman	PROPN
cblr-8481	800	21	6/13/2021	6/13/2021	NUM
cblr-8481	800	22	8:45	8:45	NUM
cblr-8481	800	23	pm	pm	NOUN
cblr-8481	800	24	no	no	INTJ
cblr-8481	800	25	.	.	PUNCT
cblr-8481	801	1	1:352	1:352	NUM
cblr-8481	801	2	]	]	X
cblr-8481	801	3	lorenzo	lorenzo	PROPN
cblr-8481	801	4	v.	v.	ADP
cblr-8481	801	5	sec	sec	PROPN
cblr-8481	801	6	and	and	CCONJ
cblr-8481	801	7	the	the	DET
cblr-8481	801	8	expansion	expansion	NOUN
cblr-8481	801	9	of	of	ADP
cblr-8481	801	10	scheme	scheme	NOUN
cblr-8481	801	11	liability	liability	NOUN
cblr-8481	801	12	395	395	NUM
cblr-8481	801	13	in	in	ADP
cblr-8481	801	14	sum	sum	NOUN
cblr-8481	801	15	,	,	PUNCT
cblr-8481	801	16	the	the	DET
cblr-8481	801	17	term	term	NOUN
cblr-8481	801	18	“	"	PUNCT
cblr-8481	801	19	creator	creator	NOUN
cblr-8481	801	20	”	"	PUNCT
cblr-8481	801	21	here	here	ADV
cblr-8481	801	22	is	be	AUX
cblr-8481	801	23	meant	mean	VERB
cblr-8481	801	24	to	to	PART
cblr-8481	801	25	apply	apply	VERB
cblr-8481	801	26	broadly	broadly	ADV
cblr-8481	801	27	.	.	PUNCT
cblr-8481	802	1	rather	rather	ADV
cblr-8481	802	2	than	than	ADP
cblr-8481	802	3	referring	refer	VERB
cblr-8481	802	4	to	to	ADP
cblr-8481	802	5	authorship	authorship	NOUN
cblr-8481	802	6	in	in	ADP
cblr-8481	802	7	a	a	DET
cblr-8481	802	8	narrow	narrow	ADJ
cblr-8481	802	9	sense	sense	NOUN
cblr-8481	802	10	,	,	PUNCT
cblr-8481	802	11	it	it	PRON
cblr-8481	802	12	is	be	AUX
cblr-8481	802	13	meant	mean	VERB
cblr-8481	802	14	to	to	PART
cblr-8481	802	15	reflect	reflect	VERB
cblr-8481	802	16	responsibility	responsibility	NOUN
cblr-8481	802	17	over	over	ADP
cblr-8481	802	18	the	the	DET
cblr-8481	802	19	contents	content	NOUN
cblr-8481	802	20	of	of	ADP
cblr-8481	802	21	the	the	DET
cblr-8481	802	22	misstatement	misstatement	NOUN
cblr-8481	802	23	and	and	CCONJ
cblr-8481	802	24	its	its	PRON
cblr-8481	802	25	dissemination	dissemination	NOUN
cblr-8481	802	26	.	.	PUNCT
cblr-8481	803	1	holding	hold	VERB
cblr-8481	803	2	(	(	PUNCT
cblr-8481	803	3	1	1	X
cblr-8481	803	4	)	)	PUNCT
cblr-8481	803	5	a	a	DET
cblr-8481	803	6	drafter	drafter	NOUN
cblr-8481	803	7	,	,	PUNCT
cblr-8481	803	8	but	but	CCONJ
cblr-8481	803	9	only	only	ADV
cblr-8481	803	10	if	if	SCONJ
cblr-8481	803	11	they	they	PRON
cblr-8481	803	12	are	be	AUX
cblr-8481	803	13	responsible	responsible	ADJ
cblr-8481	803	14	for	for	ADP
cblr-8481	803	15	coming	come	VERB
cblr-8481	803	16	up	up	ADP
cblr-8481	803	17	with	with	ADP
cblr-8481	803	18	idea	idea	NOUN
cblr-8481	803	19	behind	behind	ADP
cblr-8481	803	20	the	the	DET
cblr-8481	803	21	misstatement	misstatement	NOUN
cblr-8481	803	22	,	,	PUNCT
cblr-8481	803	23	(	(	PUNCT
cblr-8481	803	24	2	2	X
cblr-8481	803	25	)	)	PUNCT
cblr-8481	803	26	an	an	DET
cblr-8481	803	27	inside	inside	ADJ
cblr-8481	803	28	supervisor	supervisor	NOUN
cblr-8481	803	29	responsible	responsible	ADJ
cblr-8481	803	30	for	for	ADP
cblr-8481	803	31	oversight	oversight	NOUN
cblr-8481	803	32	of	of	ADP
cblr-8481	803	33	the	the	DET
cblr-8481	803	34	misstatement	misstatement	NOUN
cblr-8481	803	35	,	,	PUNCT
cblr-8481	803	36	and	and	CCONJ
cblr-8481	803	37	(	(	PUNCT
cblr-8481	803	38	3	3	X
cblr-8481	803	39	)	)	PUNCT
cblr-8481	803	40	an	an	DET
cblr-8481	803	41	outsider	outsider	NOUN
cblr-8481	803	42	responsible	responsible	ADJ
cblr-8481	803	43	for	for	ADP
cblr-8481	803	44	“	"	PUNCT
cblr-8481	803	45	final	final	ADJ
cblr-8481	803	46	review	review	NOUN
cblr-8481	803	47	”	"	PUNCT
cblr-8481	803	48	all	all	PRON
cblr-8481	803	49	primarily	primarily	ADV
cblr-8481	803	50	liable	liable	ADJ
cblr-8481	803	51	ensures	ensure	VERB
cblr-8481	803	52	that	that	SCONJ
cblr-8481	803	53	private	private	ADJ
cblr-8481	803	54	litigants	litigant	NOUN
cblr-8481	803	55	can	can	AUX
cblr-8481	803	56	only	only	ADV
cblr-8481	803	57	go	go	VERB
cblr-8481	803	58	after	after	ADP
cblr-8481	803	59	the	the	DET
cblr-8481	803	60	actors	actor	NOUN
cblr-8481	803	61	who	who	PRON
cblr-8481	803	62	are	be	AUX
cblr-8481	803	63	most	most	ADV
cblr-8481	803	64	responsible	responsible	ADJ
cblr-8481	803	65	for	for	ADP
cblr-8481	803	66	both	both	CCONJ
cblr-8481	803	67	the	the	DET
cblr-8481	803	68	creation	creation	NOUN
cblr-8481	803	69	of	of	ADP
cblr-8481	803	70	the	the	DET
cblr-8481	803	71	misstatement	misstatement	NOUN
cblr-8481	803	72	and	and	CCONJ
cblr-8481	803	73	its	its	PRON
cblr-8481	803	74	dissemination	dissemination	NOUN
cblr-8481	803	75	to	to	ADP
cblr-8481	803	76	the	the	DET
cblr-8481	803	77	public	public	NOUN
cblr-8481	803	78	.	.	PUNCT
cblr-8481	804	1	3	3	X
cblr-8481	804	2	.	.	NOUN
cblr-8481	804	3	scienter	scienter	NOUN
cblr-8481	804	4	under	under	ADP
cblr-8481	804	5	the	the	DET
cblr-8481	804	6	“	"	PUNCT
cblr-8481	804	7	modified	modified	ADJ
cblr-8481	804	8	creator	creator	NOUN
cblr-8481	804	9	standard	standard	NOUN
cblr-8481	804	10	”	"	PUNCT
cblr-8481	804	11	having	have	VERB
cblr-8481	804	12	the	the	DET
cblr-8481	804	13	“	"	PUNCT
cblr-8481	804	14	modified	modified	ADJ
cblr-8481	804	15	creator	creator	NOUN
cblr-8481	804	16	standard	standard	NOUN
cblr-8481	804	17	”	"	PUNCT
cblr-8481	804	18	function	function	NOUN
cblr-8481	804	19	properly	properly	ADV
cblr-8481	804	20	will	will	AUX
cblr-8481	804	21	require	require	VERB
cblr-8481	804	22	some	some	DET
cblr-8481	804	23	tweaks	tweak	NOUN
cblr-8481	804	24	to	to	ADP
cblr-8481	804	25	the	the	DET
cblr-8481	804	26	traditional	traditional	ADJ
cblr-8481	804	27	standard	standard	NOUN
cblr-8481	804	28	for	for	ADP
cblr-8481	804	29	the	the	DET
cblr-8481	804	30	defendant	defendant	NOUN
cblr-8481	804	31	’s	’s	PART
cblr-8481	804	32	state	state	NOUN
cblr-8481	804	33	of	of	ADP
cblr-8481	804	34	mind	mind	NOUN
cblr-8481	804	35	,	,	PUNCT
cblr-8481	804	36	as	as	SCONJ
cblr-8481	804	37	scienter	scienter	NOUN
cblr-8481	804	38	is	be	AUX
cblr-8481	804	39	a	a	DET
cblr-8481	804	40	crucial	crucial	ADJ
cblr-8481	804	41	filtering	filtering	NOUN
cblr-8481	804	42	mechanism	mechanism	NOUN
cblr-8481	804	43	to	to	PART
cblr-8481	804	44	guard	guard	VERB
cblr-8481	804	45	against	against	ADP
cblr-8481	804	46	frivolous	frivolous	ADJ
cblr-8481	804	47	suits.180	suits.180	NOUN
cblr-8481	804	48	the	the	DET
cblr-8481	804	49	scienter	scienter	NOUN
cblr-8481	804	50	requirement	requirement	NOUN
cblr-8481	804	51	,	,	PUNCT
cblr-8481	804	52	beyond	beyond	ADP
cblr-8481	804	53	being	be	AUX
cblr-8481	804	54	a	a	DET
cblr-8481	804	55	necessary	necessary	ADJ
cblr-8481	804	56	component	component	NOUN
cblr-8481	804	57	for	for	ADP
cblr-8481	804	58	a	a	DET
cblr-8481	804	59	successful	successful	ADJ
cblr-8481	804	60	10b-5	10b-5	NUM
cblr-8481	804	61	claim,181	claim,181	NOUN
cblr-8481	804	62	ensures	ensure	VERB
cblr-8481	804	63	that	that	SCONJ
cblr-8481	804	64	only	only	ADV
cblr-8481	804	65	actors	actor	NOUN
cblr-8481	804	66	directly	directly	ADV
cblr-8481	804	67	responsible	responsible	ADJ
cblr-8481	804	68	for	for	ADP
cblr-8481	804	69	writing	write	VERB
cblr-8481	804	70	or	or	CCONJ
cblr-8481	804	71	failing	fail	VERB
cblr-8481	804	72	to	to	PART
cblr-8481	804	73	correct	correct	VERB
cblr-8481	804	74	a	a	DET
cblr-8481	804	75	misstatement	misstatement	NOUN
cblr-8481	804	76	are	be	AUX
cblr-8481	804	77	liable	liable	ADJ
cblr-8481	804	78	.	.	PUNCT
cblr-8481	805	1	innocent	innocent	ADJ
cblr-8481	805	2	employees	employee	NOUN
cblr-8481	805	3	,	,	PUNCT
cblr-8481	805	4	including	include	VERB
cblr-8481	805	5	those	those	PRON
cblr-8481	805	6	who	who	PRON
cblr-8481	805	7	are	be	AUX
cblr-8481	805	8	only	only	ADV
cblr-8481	805	9	negligent	negligent	ADJ
cblr-8481	805	10	,	,	PUNCT
cblr-8481	805	11	are	be	AUX
cblr-8481	805	12	not	not	PART
cblr-8481	805	13	to	to	PART
cblr-8481	805	14	be	be	AUX
cblr-8481	805	15	swept	sweep	VERB
cblr-8481	805	16	up	up	ADP
cblr-8481	805	17	into	into	ADP
cblr-8481	805	18	the	the	DET
cblr-8481	805	19	scheme	scheme	NOUN
cblr-8481	805	20	.	.	PUNCT
cblr-8481	806	1	however	however	ADV
cblr-8481	806	2	,	,	PUNCT
cblr-8481	806	3	the	the	DET
cblr-8481	806	4	issue	issue	NOUN
cblr-8481	806	5	with	with	ADP
cblr-8481	806	6	imposing	impose	VERB
cblr-8481	806	7	a	a	DET
cblr-8481	806	8	“	"	PUNCT
cblr-8481	806	9	knowledge	knowledge	NOUN
cblr-8481	806	10	”	"	PUNCT
cblr-8481	806	11	standard	standard	NOUN
cblr-8481	806	12	as	as	ADP
cblr-8481	806	13	the	the	DET
cblr-8481	806	14	“	"	PUNCT
cblr-8481	806	15	creator	creator	NOUN
cblr-8481	806	16	standard	standard	NOUN
cblr-8481	806	17	”	"	PUNCT
cblr-8481	806	18	originally	originally	ADV
cblr-8481	806	19	envisioned182	envisioned182	PROPN
cblr-8481	806	20	is	be	AUX
cblr-8481	806	21	that	that	SCONJ
cblr-8481	806	22	it	it	PRON
cblr-8481	806	23	makes	make	VERB
cblr-8481	806	24	it	it	PRON
cblr-8481	806	25	reporting	report	VERB
cblr-8481	806	26	a	a	DET
cblr-8481	806	27	misstatement	misstatement	NOUN
cblr-8481	806	28	during	during	ADP
cblr-8481	806	29	a	a	DET
cblr-8481	806	30	final	final	ADJ
cblr-8481	806	31	review	review	NOUN
cblr-8481	806	32	would	would	AUX
cblr-8481	806	33	not	not	PART
cblr-8481	806	34	preclude	preclude	VERB
cblr-8481	806	35	liability	liability	NOUN
cblr-8481	806	36	for	for	ADP
cblr-8481	806	37	any	any	DET
cblr-8481	806	38	insider	insider	NOUN
cblr-8481	806	39	.	.	PUNCT
cblr-8481	807	1	180	180	NUM
cblr-8481	807	2	see	see	VERB
cblr-8481	807	3	christopher	christopher	PROPN
cblr-8481	807	4	davies	davies	PROPN
cblr-8481	807	5	et	et	PROPN
cblr-8481	807	6	al	al	PROPN
cblr-8481	807	7	.	.	PROPN
cblr-8481	807	8	,	,	PUNCT
cblr-8481	807	9	final	final	ADJ
cblr-8481	807	10	decision	decision	NOUN
cblr-8481	807	11	in	in	ADP
cblr-8481	807	12	lorenzo	lorenzo	PROPN
cblr-8481	807	13	v.	v.	ADP
cblr-8481	807	14	sec	sec	PROPN
cblr-8481	807	15	,	,	PUNCT
cblr-8481	807	16	wilmerhale	wilmerhale	PROPN
cblr-8481	807	17	(	(	PUNCT
cblr-8481	807	18	mar	mar	PROPN
cblr-8481	807	19	.	.	PROPN
cblr-8481	807	20	28	28	NUM
cblr-8481	807	21	,	,	PUNCT
cblr-8481	807	22	2019	2019	NUM
cblr-8481	807	23	)	)	PUNCT
cblr-8481	807	24	,	,	PUNCT
cblr-8481	807	25	https://www.wilmerhale.com/en/insights/	https://www.wilmerhale.com/en/insights/	NOUN
cblr-8481	807	26	client	client	NOUN
cblr-8481	807	27	-	-	PUNCT
cblr-8481	807	28	alerts/20190328	alerts/20190328	PROPN
cblr-8481	807	29	-	-	PUNCT
cblr-8481	807	30	final	final	ADJ
cblr-8481	807	31	-	-	PUNCT
cblr-8481	807	32	decision	decision	NOUN
cblr-8481	807	33	-	-	PUNCT
cblr-8481	807	34	in	in	ADP
cblr-8481	807	35	-	-	PUNCT
cblr-8481	807	36	lorenzo	lorenzo	NOUN
cblr-8481	807	37	-	-	PUNCT
cblr-8481	807	38	v	v	NOUN
cblr-8481	807	39	-	-	PUNCT
cblr-8481	807	40	sec	sec	NOUN
cblr-8481	808	1	[	[	X
cblr-8481	808	2	https://perma.cc/bgu8-tgcd	https://perma.cc/bgu8-tgcd	X
cblr-8481	808	3	]	]	X
cblr-8481	808	4	(	(	PUNCT
cblr-8481	808	5	“	"	PUNCT
cblr-8481	808	6	the	the	DET
cblr-8481	808	7	scienter	scienter	NOUN
cblr-8481	808	8	requirement	requirement	NOUN
cblr-8481	808	9	contained	contain	VERB
cblr-8481	808	10	in	in	ADP
cblr-8481	808	11	rule	rule	NOUN
cblr-8481	808	12	10b-5(a	10b-5(a	NUM
cblr-8481	808	13	)	)	PUNCT
cblr-8481	808	14	and	and	CCONJ
cblr-8481	808	15	(	(	PUNCT
cblr-8481	808	16	c	c	NOUN
cblr-8481	808	17	)	)	PUNCT
cblr-8481	808	18	,	,	PUNCT
cblr-8481	808	19	which	which	PRON
cblr-8481	808	20	requires	require	VERB
cblr-8481	808	21	proof	proof	NOUN
cblr-8481	808	22	that	that	SCONJ
cblr-8481	808	23	a	a	DET
cblr-8481	808	24	violator	violator	NOUN
cblr-8481	808	25	acted	act	VERB
cblr-8481	808	26	with	with	ADP
cblr-8481	808	27	intent	intent	NOUN
cblr-8481	808	28	,	,	PUNCT
cblr-8481	808	29	will	will	AUX
cblr-8481	808	30	continue	continue	VERB
cblr-8481	808	31	to	to	PART
cblr-8481	808	32	limit	limit	VERB
cblr-8481	808	33	the	the	DET
cblr-8481	808	34	breadth	breadth	NOUN
cblr-8481	808	35	of	of	ADP
cblr-8481	808	36	the	the	DET
cblr-8481	808	37	expansion	expansion	NOUN
cblr-8481	808	38	of	of	ADP
cblr-8481	808	39	liability	liability	NOUN
cblr-8481	808	40	under	under	ADP
cblr-8481	808	41	those	those	DET
cblr-8481	808	42	provisions	provision	NOUN
cblr-8481	808	43	.	.	PUNCT
cblr-8481	808	44	”	"	PUNCT
cblr-8481	808	45	)	)	PUNCT
cblr-8481	808	46	.	.	PUNCT
cblr-8481	809	1	181	181	NUM
cblr-8481	809	2	for	for	ADP
cblr-8481	809	3	a	a	DET
cblr-8481	809	4	list	list	NOUN
cblr-8481	809	5	of	of	ADP
cblr-8481	809	6	all	all	DET
cblr-8481	809	7	the	the	DET
cblr-8481	809	8	required	required	ADJ
cblr-8481	809	9	elements	element	NOUN
cblr-8481	809	10	of	of	ADP
cblr-8481	809	11	a	a	DET
cblr-8481	809	12	10b-5	10b-5	NUM
cblr-8481	809	13	claim	claim	NOUN
cblr-8481	809	14	,	,	PUNCT
cblr-8481	809	15	see	see	VERB
cblr-8481	809	16	supra	supra	ADJ
cblr-8481	809	17	text	text	NOUN
cblr-8481	809	18	accompanying	accompanying	ADJ
cblr-8481	809	19	note	note	NOUN
cblr-8481	809	20	23	23	NUM
cblr-8481	809	21	.	.	NOUN
cblr-8481	810	1	182	182	NUM
cblr-8481	810	2	recall	recall	NOUN
cblr-8481	810	3	that	that	SCONJ
cblr-8481	810	4	the	the	DET
cblr-8481	810	5	creator	creator	NOUN
cblr-8481	810	6	test	test	NOUN
cblr-8481	810	7	requires	require	VERB
cblr-8481	810	8	a	a	DET
cblr-8481	810	9	showing	showing	NOUN
cblr-8481	810	10	that	that	SCONJ
cblr-8481	810	11	“	"	PUNCT
cblr-8481	810	12	the	the	DET
cblr-8481	810	13	secondary	secondary	ADJ
cblr-8481	810	14	actor	actor	NOUN
cblr-8481	810	15	was	be	AUX
cblr-8481	810	16	aware	aware	ADJ
cblr-8481	810	17	of	of	ADP
cblr-8481	810	18	the	the	DET
cblr-8481	810	19	misrepresentation	misrepresentation	NOUN
cblr-8481	810	20	.	.	PUNCT
cblr-8481	810	21	.	.	PUNCT
cblr-8481	811	1	.	.	PUNCT
cblr-8481	811	2	knew	know	VERB
cblr-8481	811	3	that	that	SCONJ
cblr-8481	811	4	the	the	DET
cblr-8481	811	5	misrepresentation	misrepresentation	NOUN
cblr-8481	811	6	would	would	AUX
cblr-8481	811	7	be	be	AUX
cblr-8481	811	8	relied	rely	VERB
cblr-8481	811	9	on	on	ADP
cblr-8481	811	10	by	by	ADP
cblr-8481	811	11	investors	investor	NOUN
cblr-8481	811	12	.	.	PUNCT
cblr-8481	811	13	”	"	PUNCT
cblr-8481	812	1	cosenza	cosenza	PROPN
cblr-8481	812	2	,	,	PUNCT
cblr-8481	812	3	supra	supra	PROPN
cblr-8481	812	4	note	note	PROPN
cblr-8481	812	5	134	134	NUM
cblr-8481	812	6	,	,	PUNCT
cblr-8481	812	7	at	at	ADP
cblr-8481	812	8	1047	1047	NUM
cblr-8481	812	9	.	.	PUNCT
cblr-8481	813	1	note	note	VERB
cblr-8481	813	2	lieberman	lieberman	PROPN
cblr-8481	813	3	6/13/2021	6/13/2021	NUM
cblr-8481	813	4	8:45	8:45	NUM
cblr-8481	813	5	pm	pm	NOUN
cblr-8481	813	6	396	396	NUM
cblr-8481	813	7	columbia	columbia	PROPN
cblr-8481	813	8	business	business	NOUN
cblr-8481	813	9	law	law	PROPN
cblr-8481	813	10	review	review	NOUN
cblr-8481	813	11	[	[	X
cblr-8481	813	12	vol	vol	NOUN
cblr-8481	813	13	.	.	PUNCT
cblr-8481	813	14	2021	2021	NUM
cblr-8481	813	15	difficult	difficult	ADJ
cblr-8481	813	16	—	—	PUNCT
cblr-8481	813	17	if	if	SCONJ
cblr-8481	813	18	not	not	PART
cblr-8481	813	19	impossible	impossible	ADJ
cblr-8481	813	20	—	—	PUNCT
cblr-8481	813	21	to	to	PART
cblr-8481	813	22	impose	impose	VERB
cblr-8481	813	23	liability	liability	NOUN
cblr-8481	813	24	without	without	ADP
cblr-8481	813	25	a	a	DET
cblr-8481	813	26	factintensive	factintensive	ADJ
cblr-8481	813	27	inquiry	inquiry	NOUN
cblr-8481	813	28	and	and	CCONJ
cblr-8481	813	29	“	"	PUNCT
cblr-8481	813	30	smoking	smoking	NOUN
cblr-8481	813	31	-	-	PUNCT
cblr-8481	813	32	gun	gun	NOUN
cblr-8481	813	33	”	"	PUNCT
cblr-8481	813	34	evidence	evidence	NOUN
cblr-8481	813	35	during	during	ADP
cblr-8481	813	36	discovery	discovery	NOUN
cblr-8481	813	37	that	that	PRON
cblr-8481	813	38	shows	show	VERB
cblr-8481	813	39	that	that	SCONJ
cblr-8481	813	40	the	the	DET
cblr-8481	813	41	defendant	defendant	NOUN
cblr-8481	813	42	specifically	specifically	ADV
cblr-8481	813	43	knew	know	VERB
cblr-8481	813	44	about	about	ADP
cblr-8481	813	45	the	the	DET
cblr-8481	813	46	misstatement	misstatement	NOUN
cblr-8481	813	47	being	be	AUX
cblr-8481	813	48	made.183	made.183	NOUN
cblr-8481	813	49	these	these	DET
cblr-8481	813	50	difficulties	difficulty	NOUN
cblr-8481	813	51	are	be	AUX
cblr-8481	813	52	further	far	ADV
cblr-8481	813	53	exacerbated	exacerbate	VERB
cblr-8481	813	54	by	by	ADP
cblr-8481	813	55	the	the	DET
cblr-8481	813	56	high	high	ADJ
cblr-8481	813	57	pleading	pleading	NOUN
cblr-8481	813	58	standards	standard	NOUN
cblr-8481	813	59	imposed	impose	VERB
cblr-8481	813	60	by	by	ADP
cblr-8481	813	61	the	the	DET
cblr-8481	813	62	pslra	pslra	NOUN
cblr-8481	813	63	,	,	PUNCT
cblr-8481	813	64	“	"	PUNCT
cblr-8481	813	65	which	which	PRON
cblr-8481	813	66	requires	require	VERB
cblr-8481	813	67	a	a	DET
cblr-8481	813	68	complaint	complaint	NOUN
cblr-8481	813	69	to	to	ADP
cblr-8481	813	70	‘	'	PUNCT
cblr-8481	813	71	state	state	NOUN
cblr-8481	813	72	with	with	ADP
cblr-8481	813	73	particularity	particularity	NOUN
cblr-8481	813	74	facts	fact	VERB
cblr-8481	813	75	giving	give	VERB
cblr-8481	813	76	rise	rise	NOUN
cblr-8481	813	77	to	to	ADP
cblr-8481	813	78	a	a	DET
cblr-8481	813	79	strong	strong	ADJ
cblr-8481	813	80	inference	inference	NOUN
cblr-8481	813	81	that	that	PRON
cblr-8481	813	82	the	the	DET
cblr-8481	813	83	defendant	defendant	NOUN
cblr-8481	813	84	acted	act	VERB
cblr-8481	813	85	with	with	ADP
cblr-8481	813	86	the	the	DET
cblr-8481	813	87	required	required	ADJ
cblr-8481	813	88	state	state	NOUN
cblr-8481	813	89	of	of	ADP
cblr-8481	813	90	mind	mind	NOUN
cblr-8481	813	91	.	.	PUNCT
cblr-8481	814	1	’”184	’”184	VERB
cblr-8481	814	2	as	as	SCONJ
cblr-8481	814	3	the	the	DET
cblr-8481	814	4	supreme	supreme	PROPN
cblr-8481	814	5	court	court	PROPN
cblr-8481	814	6	noted	note	VERB
cblr-8481	814	7	in	in	ADP
cblr-8481	814	8	tellabs	tellabs	PROPN
cblr-8481	814	9	,	,	PUNCT
cblr-8481	814	10	inc	inc	PROPN
cblr-8481	814	11	.	.	PROPN
cblr-8481	814	12	v.	v.	PROPN
cblr-8481	814	13	makor	makor	PROPN
cblr-8481	814	14	issues	issues	PROPN
cblr-8481	814	15	&	&	CCONJ
cblr-8481	814	16	rights	right	NOUN
cblr-8481	814	17	,	,	PUNCT
cblr-8481	814	18	ltd	ltd	PROPN
cblr-8481	814	19	.	.	PROPN
cblr-8481	814	20	,	,	PUNCT
cblr-8481	814	21	an	an	DET
cblr-8481	814	22	inference	inference	NOUN
cblr-8481	814	23	is	be	AUX
cblr-8481	814	24	only	only	ADV
cblr-8481	814	25	strong	strong	ADJ
cblr-8481	814	26	“	"	PUNCT
cblr-8481	814	27	if	if	SCONJ
cblr-8481	814	28	a	a	DET
cblr-8481	814	29	reasonable	reasonable	ADJ
cblr-8481	814	30	person	person	NOUN
cblr-8481	814	31	would	would	AUX
cblr-8481	814	32	deem	deem	VERB
cblr-8481	814	33	the	the	DET
cblr-8481	814	34	inference	inference	NOUN
cblr-8481	814	35	of	of	ADP
cblr-8481	814	36	scienter	scienter	NOUN
cblr-8481	814	37	cogent	cogent	NOUN
cblr-8481	814	38	and	and	CCONJ
cblr-8481	814	39	at	at	ADV
cblr-8481	814	40	least	least	ADJ
cblr-8481	814	41	as	as	ADV
cblr-8481	814	42	compelling	compelling	ADJ
cblr-8481	814	43	as	as	ADP
cblr-8481	814	44	any	any	DET
cblr-8481	814	45	opposing	opposing	ADJ
cblr-8481	814	46	inference	inference	NOUN
cblr-8481	814	47	one	one	PRON
cblr-8481	814	48	could	could	AUX
cblr-8481	814	49	draw	draw	VERB
cblr-8481	814	50	from	from	ADP
cblr-8481	814	51	the	the	DET
cblr-8481	814	52	facts	fact	NOUN
cblr-8481	814	53	alleged	allege	VERB
cblr-8481	814	54	.	.	PUNCT
cblr-8481	814	55	”185	”185	PUNCT
cblr-8481	815	1	under	under	ADP
cblr-8481	815	2	these	these	DET
cblr-8481	815	3	circumstances	circumstance	NOUN
cblr-8481	815	4	,	,	PUNCT
cblr-8481	815	5	requiring	require	VERB
cblr-8481	815	6	a	a	DET
cblr-8481	815	7	showing	showing	NOUN
cblr-8481	815	8	of	of	ADP
cblr-8481	815	9	knowledge	knowledge	NOUN
cblr-8481	815	10	will	will	AUX
cblr-8481	815	11	make	make	VERB
cblr-8481	815	12	passing	pass	VERB
cblr-8481	815	13	the	the	DET
cblr-8481	815	14	pleading	pleading	NOUN
cblr-8481	815	15	stage	stage	NOUN
cblr-8481	815	16	incredibly	incredibly	ADV
cblr-8481	815	17	difficult	difficult	ADJ
cblr-8481	815	18	,	,	PUNCT
cblr-8481	815	19	if	if	SCONJ
cblr-8481	815	20	not	not	PART
cblr-8481	815	21	impossible	impossible	ADJ
cblr-8481	815	22	,	,	PUNCT
cblr-8481	815	23	as	as	SCONJ
cblr-8481	815	24	it	it	PRON
cblr-8481	815	25	is	be	AUX
cblr-8481	815	26	likely	likely	ADJ
cblr-8481	815	27	that	that	SCONJ
cblr-8481	815	28	the	the	DET
cblr-8481	815	29	defendant	defendant	NOUN
cblr-8481	815	30	will	will	AUX
cblr-8481	815	31	come	come	VERB
cblr-8481	815	32	up	up	ADP
cblr-8481	815	33	with	with	ADP
cblr-8481	815	34	another	another	DET
cblr-8481	815	35	explanation	explanation	NOUN
cblr-8481	815	36	for	for	ADP
cblr-8481	815	37	its	its	PRON
cblr-8481	815	38	misstatement	misstatement	NOUN
cblr-8481	815	39	.	.	PUNCT
cblr-8481	816	1	that	that	DET
cblr-8481	816	2	explanation	explanation	NOUN
cblr-8481	816	3	will	will	AUX
cblr-8481	816	4	be	be	AUX
cblr-8481	816	5	incredibly	incredibly	ADV
cblr-8481	816	6	difficult	difficult	ADJ
cblr-8481	816	7	to	to	PART
cblr-8481	816	8	rebut	rebut	VERB
cblr-8481	816	9	absent	absent	ADJ
cblr-8481	816	10	an	an	DET
cblr-8481	816	11	email	email	NOUN
cblr-8481	816	12	or	or	CCONJ
cblr-8481	816	13	phone	phone	NOUN
cblr-8481	816	14	call	call	NOUN
cblr-8481	816	15	making	make	VERB
cblr-8481	816	16	bad	bad	ADJ
cblr-8481	816	17	intentions	intention	NOUN
cblr-8481	816	18	explicit.186	explicit.186	PROPN
cblr-8481	816	19	thus	thus	ADV
cblr-8481	816	20	,	,	PUNCT
cblr-8481	816	21	to	to	PART
cblr-8481	816	22	combat	combat	VERB
cblr-8481	816	23	this	this	DET
cblr-8481	816	24	difficulty	difficulty	NOUN
cblr-8481	816	25	,	,	PUNCT
cblr-8481	816	26	recklessness	recklessness	NOUN
cblr-8481	816	27	should	should	AUX
cblr-8481	816	28	be	be	AUX
cblr-8481	816	29	the	the	DET
cblr-8481	816	30	standard	standard	NOUN
cblr-8481	816	31	used	use	VERB
cblr-8481	816	32	to	to	PART
cblr-8481	816	33	determine	determine	VERB
cblr-8481	816	34	scienter	scienter	NOUN
cblr-8481	816	35	.	.	PUNCT
cblr-8481	817	1	although	although	SCONJ
cblr-8481	817	2	the	the	DET
cblr-8481	817	3	supreme	supreme	PROPN
cblr-8481	817	4	court	court	PROPN
cblr-8481	817	5	itself	itself	PRON
cblr-8481	817	6	has	have	AUX
cblr-8481	817	7	never	never	ADV
cblr-8481	817	8	made	make	VERB
cblr-8481	817	9	a	a	DET
cblr-8481	817	10	ruling	ruling	NOUN
cblr-8481	817	11	on	on	ADP
cblr-8481	817	12	the	the	DET
cblr-8481	817	13	issue	issue	NOUN
cblr-8481	817	14	,	,	PUNCT
cblr-8481	817	15	every	every	DET
cblr-8481	817	16	federal	federal	ADJ
cblr-8481	817	17	circuit	circuit	NOUN
cblr-8481	817	18	has	have	AUX
cblr-8481	817	19	adopted	adopt	VERB
cblr-8481	817	20	some	some	DET
cblr-8481	817	21	form	form	NOUN
cblr-8481	817	22	of	of	ADP
cblr-8481	817	23	recklessness	recklessness	NOUN
cblr-8481	817	24	standard	standard	NOUN
cblr-8481	817	25	for	for	ADP
cblr-8481	817	26	scienter	scienter	NOUN
cblr-8481	817	27	under	under	ADP
cblr-8481	817	28	rule	rule	NOUN
cblr-8481	817	29	10b-5.187	10b-5.187	NUM
cblr-8481	817	30	183	183	NUM
cblr-8481	817	31	cf	cf	NOUN
cblr-8481	817	32	.	.	PUNCT
cblr-8481	818	1	michael	michael	PROPN
cblr-8481	818	2	j.	j.	PROPN
cblr-8481	818	3	kaufman	kaufman	PROPN
cblr-8481	818	4	&	&	CCONJ
cblr-8481	818	5	john	john	PROPN
cblr-8481	818	6	m.	m.	PROPN
cblr-8481	818	7	wunderlicht	wunderlicht	PROPN
cblr-8481	818	8	,	,	PUNCT
cblr-8481	818	9	messy	messy	ADJ
cblr-8481	818	10	mental	mental	ADJ
cblr-8481	818	11	markers	marker	NOUN
cblr-8481	818	12	:	:	PUNCT
cblr-8481	818	13	inferring	infer	VERB
cblr-8481	818	14	scienter	scienter	NOUN
cblr-8481	818	15	from	from	ADP
cblr-8481	818	16	core	core	NOUN
cblr-8481	818	17	operations	operation	NOUN
cblr-8481	818	18	in	in	ADP
cblr-8481	818	19	securities	security	NOUN
cblr-8481	818	20	fraud	fraud	NOUN
cblr-8481	818	21	litigation	litigation	NOUN
cblr-8481	818	22	,	,	PUNCT
cblr-8481	818	23	73	73	NUM
cblr-8481	818	24	ohio	ohio	PROPN
cblr-8481	818	25	st	st	PROPN
cblr-8481	818	26	.	.	PROPN
cblr-8481	818	27	l.j	l.j	PROPN
cblr-8481	818	28	.	.	PROPN
cblr-8481	818	29	507	507	NUM
cblr-8481	818	30	,	,	PUNCT
cblr-8481	818	31	516	516	NUM
cblr-8481	818	32	(	(	PUNCT
cblr-8481	818	33	2012	2012	NUM
cblr-8481	818	34	)	)	PUNCT
cblr-8481	818	35	(	(	PUNCT
cblr-8481	818	36	“	"	PUNCT
cblr-8481	818	37	[	[	X
cblr-8481	818	38	d]irect	d]irect	VERB
cblr-8481	818	39	evidence	evidence	NOUN
cblr-8481	818	40	of	of	ADP
cblr-8481	818	41	a	a	DET
cblr-8481	818	42	person	person	NOUN
cblr-8481	818	43	’s	’s	PART
cblr-8481	818	44	state	state	NOUN
cblr-8481	818	45	of	of	ADP
cblr-8481	818	46	mind	mind	NOUN
cblr-8481	818	47	is	be	AUX
cblr-8481	818	48	rare	rare	ADJ
cblr-8481	818	49	because	because	SCONJ
cblr-8481	818	50	this	this	DET
cblr-8481	818	51	evidence	evidence	NOUN
cblr-8481	818	52	is	be	AUX
cblr-8481	818	53	usually	usually	ADV
cblr-8481	818	54	limited	limit	VERB
cblr-8481	818	55	to	to	ADP
cblr-8481	818	56	an	an	DET
cblr-8481	818	57	actual	actual	ADJ
cblr-8481	818	58	admission	admission	NOUN
cblr-8481	818	59	by	by	ADP
cblr-8481	818	60	the	the	DET
cblr-8481	818	61	defendant	defendant	NOUN
cblr-8481	818	62	under	under	ADP
cblr-8481	818	63	oath	oath	NOUN
cblr-8481	818	64	or	or	CCONJ
cblr-8481	818	65	the	the	DET
cblr-8481	818	66	testimony	testimony	NOUN
cblr-8481	818	67	of	of	ADP
cblr-8481	818	68	a	a	DET
cblr-8481	818	69	witness	witness	NOUN
cblr-8481	818	70	based	base	VERB
cblr-8481	818	71	upon	upon	SCONJ
cblr-8481	818	72	personal	personal	ADJ
cblr-8481	818	73	knowledge	knowledge	NOUN
cblr-8481	818	74	,	,	PUNCT
cblr-8481	818	75	both	both	PRON
cblr-8481	818	76	of	of	ADP
cblr-8481	818	77	which	which	PRON
cblr-8481	818	78	are	be	AUX
cblr-8481	818	79	unlikely	unlikely	ADJ
cblr-8481	818	80	to	to	PART
cblr-8481	818	81	be	be	AUX
cblr-8481	818	82	available	available	ADJ
cblr-8481	818	83	without	without	ADP
cblr-8481	818	84	discovery	discovery	NOUN
cblr-8481	818	85	,	,	PUNCT
cblr-8481	818	86	which	which	PRON
cblr-8481	818	87	is	be	AUX
cblr-8481	818	88	stayed	stay	VERB
cblr-8481	818	89	in	in	ADP
cblr-8481	818	90	securities	security	NOUN
cblr-8481	818	91	litigation	litigation	NOUN
cblr-8481	818	92	pending	pende	VERB
cblr-8481	818	93	any	any	DET
cblr-8481	818	94	motion	motion	NOUN
cblr-8481	818	95	to	to	PART
cblr-8481	818	96	dismiss	dismiss	VERB
cblr-8481	818	97	.	.	PUNCT
cblr-8481	818	98	”	"	PUNCT
cblr-8481	819	1	(	(	PUNCT
cblr-8481	819	2	footnote	footnote	NOUN
cblr-8481	819	3	omitted	omit	VERB
cblr-8481	819	4	)	)	PUNCT
cblr-8481	819	5	(	(	PUNCT
cblr-8481	819	6	citing	cite	VERB
cblr-8481	819	7	15	15	NUM
cblr-8481	819	8	u.s.c	u.s.c	ADJ
cblr-8481	819	9	.	.	PUNCT
cblr-8481	820	1	§	§	PROPN
cblr-8481	820	2	78u-4(b)(3	78u-4(b)(3	NOUN
cblr-8481	820	3	)	)	PUNCT
cblr-8481	820	4	(	(	PUNCT
cblr-8481	820	5	2006	2006	NUM
cblr-8481	820	6	)	)	PUNCT
cblr-8481	820	7	)	)	PUNCT
cblr-8481	820	8	)	)	PUNCT
cblr-8481	820	9	.	.	PUNCT
cblr-8481	821	1	184	184	NUM
cblr-8481	821	2	julia	julia	PROPN
cblr-8481	821	3	dimitriadis	dimitriadis	VERB
cblr-8481	821	4	et	et	PROPN
cblr-8481	821	5	al	al	PROPN
cblr-8481	821	6	.	.	PROPN
cblr-8481	821	7	,	,	PUNCT
cblr-8481	821	8	securities	security	NOUN
cblr-8481	821	9	fraud	fraud	NOUN
cblr-8481	821	10	,	,	PUNCT
cblr-8481	821	11	56	56	NUM
cblr-8481	821	12	am	am	NOUN
cblr-8481	821	13	.	.	PUNCT
cblr-8481	822	1	crim	crim	PROPN
cblr-8481	822	2	.	.	PUNCT
cblr-8481	823	1	l.	l.	PROPN
cblr-8481	823	2	rev	rev	AUX
cblr-8481	823	3	.	.	PROPN
cblr-8481	823	4	1379	1379	NUM
cblr-8481	823	5	,	,	PUNCT
cblr-8481	823	6	1392	1392	NUM
cblr-8481	823	7	(	(	PUNCT
cblr-8481	823	8	2019	2019	NUM
cblr-8481	823	9	)	)	PUNCT
cblr-8481	823	10	(	(	PUNCT
cblr-8481	823	11	quoting	quote	VERB
cblr-8481	823	12	private	private	ADJ
cblr-8481	823	13	securities	security	NOUN
cblr-8481	823	14	litigation	litigation	PROPN
cblr-8481	823	15	reform	reform	PROPN
cblr-8481	823	16	act	act	NOUN
cblr-8481	823	17	of	of	ADP
cblr-8481	823	18	1995	1995	NUM
cblr-8481	823	19	(	(	PUNCT
cblr-8481	823	20	pslra	pslra	NOUN
cblr-8481	823	21	)	)	PUNCT
cblr-8481	823	22	,	,	PUNCT
cblr-8481	823	23	pub	pub	NOUN
cblr-8481	823	24	.	.	PUNCT
cblr-8481	824	1	l.	l.	PROPN
cblr-8481	824	2	no	no	INTJ
cblr-8481	824	3	.	.	PROPN
cblr-8481	825	1	104	104	NUM
cblr-8481	825	2	-	-	SYM
cblr-8481	825	3	67	67	NUM
cblr-8481	825	4	,	,	PUNCT
cblr-8481	825	5	§	§	PROPN
cblr-8481	825	6	21d(b)(2	21d(b)(2	NUM
cblr-8481	825	7	)	)	PUNCT
cblr-8481	825	8	,	,	PUNCT
cblr-8481	825	9	109	109	NUM
cblr-8481	825	10	stat	stat	NOUN
cblr-8481	825	11	.	.	PUNCT
cblr-8481	826	1	737	737	NUM
cblr-8481	826	2	,	,	PUNCT
cblr-8481	826	3	747	747	NUM
cblr-8481	826	4	(	(	PUNCT
cblr-8481	826	5	codified	codify	VERB
cblr-8481	826	6	as	as	SCONJ
cblr-8481	826	7	amended	amend	VERB
cblr-8481	826	8	at	at	ADP
cblr-8481	826	9	15	15	NUM
cblr-8481	826	10	u.s.c	u.s.c	ADJ
cblr-8481	826	11	.	.	PUNCT
cblr-8481	827	1	§	§	PROPN
cblr-8481	827	2	78u-4(b)(2)(a	78u-4(b)(2)(a	NUM
cblr-8481	827	3	)	)	PUNCT
cblr-8481	827	4	(	(	PUNCT
cblr-8481	827	5	2018	2018	NUM
cblr-8481	827	6	)	)	PUNCT
cblr-8481	827	7	)	)	PUNCT
cblr-8481	827	8	)	)	PUNCT
cblr-8481	827	9	.	.	PUNCT
cblr-8481	828	1	185	185	NUM
cblr-8481	828	2	tellabs	tellabs	PROPN
cblr-8481	828	3	,	,	PUNCT
cblr-8481	828	4	inc	inc	PROPN
cblr-8481	828	5	.	.	PROPN
cblr-8481	828	6	v.	v.	PROPN
cblr-8481	828	7	makor	makor	PROPN
cblr-8481	828	8	issues	issue	NOUN
cblr-8481	828	9	&	&	CCONJ
cblr-8481	828	10	rts	rt	NOUN
cblr-8481	828	11	.	.	PROPN
cblr-8481	828	12	,	,	PUNCT
cblr-8481	828	13	ltd	ltd	PROPN
cblr-8481	828	14	.	.	PROPN
cblr-8481	828	15	,	,	PUNCT
cblr-8481	828	16	551	551	NUM
cblr-8481	828	17	u.s	u.s	PROPN
cblr-8481	828	18	.	.	PROPN
cblr-8481	828	19	308	308	NUM
cblr-8481	828	20	,	,	PUNCT
cblr-8481	828	21	324	324	NUM
cblr-8481	828	22	(	(	PUNCT
cblr-8481	828	23	2007	2007	NUM
cblr-8481	828	24	)	)	PUNCT
cblr-8481	828	25	.	.	PUNCT
cblr-8481	829	1	186	186	NUM
cblr-8481	829	2	cf	cf	NOUN
cblr-8481	829	3	.	.	PUNCT
cblr-8481	830	1	kaufman	kaufman	PROPN
cblr-8481	830	2	&	&	CCONJ
cblr-8481	830	3	wunderlich	wunderlich	PROPN
cblr-8481	830	4	,	,	PUNCT
cblr-8481	830	5	supra	supra	PROPN
cblr-8481	830	6	note	note	PROPN
cblr-8481	830	7	183	183	NUM
cblr-8481	830	8	,	,	PUNCT
cblr-8481	830	9	at	at	ADP
cblr-8481	830	10	516	516	NUM
cblr-8481	830	11	(	(	PUNCT
cblr-8481	830	12	describing	describe	VERB
cblr-8481	830	13	the	the	DET
cblr-8481	830	14	weaker	weak	ADJ
cblr-8481	830	15	evidence	evidence	NOUN
cblr-8481	830	16	on	on	ADP
cblr-8481	830	17	which	which	PRON
cblr-8481	830	18	plaintiffs	plaintiff	NOUN
cblr-8481	830	19	ordinarily	ordinarily	ADV
cblr-8481	830	20	must	must	AUX
cblr-8481	830	21	rely	rely	VERB
cblr-8481	830	22	)	)	PUNCT
cblr-8481	830	23	.	.	PUNCT
cblr-8481	831	1	187	187	NUM
cblr-8481	831	2	tellabs	tellab	NOUN
cblr-8481	831	3	,	,	PUNCT
cblr-8481	831	4	551	551	NUM
cblr-8481	831	5	u.s	u.s	PROPN
cblr-8481	831	6	.	.	PROPN
cblr-8481	831	7	at	at	ADP
cblr-8481	831	8	319	319	NUM
cblr-8481	831	9	n.3	n.3	NOUN
cblr-8481	831	10	(	(	PUNCT
cblr-8481	831	11	“	"	PUNCT
cblr-8481	831	12	every	every	DET
cblr-8481	831	13	court	court	NOUN
cblr-8481	831	14	of	of	ADP
cblr-8481	831	15	appeals	appeal	NOUN
cblr-8481	831	16	that	that	PRON
cblr-8481	831	17	has	have	AUX
cblr-8481	831	18	considered	consider	VERB
cblr-8481	831	19	the	the	DET
cblr-8481	831	20	issue	issue	NOUN
cblr-8481	831	21	has	have	AUX
cblr-8481	831	22	held	hold	VERB
cblr-8481	831	23	that	that	SCONJ
cblr-8481	831	24	a	a	DET
cblr-8481	831	25	plaintiff	plaintiff	NOUN
cblr-8481	831	26	may	may	AUX
cblr-8481	831	27	meet	meet	VERB
cblr-8481	831	28	the	the	DET
cblr-8481	831	29	scienter	scienter	NOUN
cblr-8481	831	30	requirement	requirement	NOUN
cblr-8481	831	31	by	by	ADP
cblr-8481	831	32	showing	show	VERB
cblr-8481	831	33	that	that	SCONJ
cblr-8481	831	34	the	the	DET
cblr-8481	831	35	defendant	defendant	NOUN
cblr-8481	831	36	acted	act	VERB
cblr-8481	831	37	intentionally	intentionally	ADV
cblr-8481	831	38	or	or	CCONJ
cblr-8481	831	39	note	note	VERB
cblr-8481	831	40	–	–	PUNCT
cblr-8481	831	41	lieberman	lieberman	PROPN
cblr-8481	831	42	6/13/2021	6/13/2021	NUM
cblr-8481	831	43	8:45	8:45	NUM
cblr-8481	831	44	pm	pm	NOUN
cblr-8481	831	45	no	no	INTJ
cblr-8481	831	46	.	.	PUNCT
cblr-8481	832	1	1:352	1:352	NUM
cblr-8481	832	2	]	]	X
cblr-8481	832	3	lorenzo	lorenzo	PROPN
cblr-8481	832	4	v.	v.	ADP
cblr-8481	832	5	sec	sec	PROPN
cblr-8481	832	6	and	and	CCONJ
cblr-8481	832	7	the	the	DET
cblr-8481	832	8	expansion	expansion	NOUN
cblr-8481	832	9	of	of	ADP
cblr-8481	832	10	scheme	scheme	NOUN
cblr-8481	832	11	liability	liability	NOUN
cblr-8481	832	12	397	397	NUM
cblr-8481	832	13	using	use	VERB
cblr-8481	832	14	a	a	DET
cblr-8481	832	15	recklessness	recklessness	NOUN
cblr-8481	832	16	standard	standard	NOUN
cblr-8481	832	17	would	would	AUX
cblr-8481	832	18	greatly	greatly	ADV
cblr-8481	832	19	improve	improve	VERB
cblr-8481	832	20	the	the	DET
cblr-8481	832	21	efficacy	efficacy	NOUN
cblr-8481	832	22	of	of	ADP
cblr-8481	832	23	the	the	DET
cblr-8481	832	24	“	"	PUNCT
cblr-8481	832	25	modified	modified	ADJ
cblr-8481	832	26	creator	creator	NOUN
cblr-8481	832	27	standard	standard	NOUN
cblr-8481	832	28	”	"	PUNCT
cblr-8481	832	29	since	since	SCONJ
cblr-8481	832	30	plaintiffs	plaintiff	NOUN
cblr-8481	832	31	would	would	AUX
cblr-8481	832	32	not	not	PART
cblr-8481	832	33	have	have	VERB
cblr-8481	832	34	to	to	PART
cblr-8481	832	35	find	find	VERB
cblr-8481	832	36	direct	direct	ADJ
cblr-8481	832	37	evidence	evidence	NOUN
cblr-8481	832	38	of	of	ADP
cblr-8481	832	39	the	the	DET
cblr-8481	832	40	defendant	defendant	NOUN
cblr-8481	832	41	’s	’s	PART
cblr-8481	832	42	state	state	NOUN
cblr-8481	832	43	of	of	ADP
cblr-8481	832	44	mind	mind	NOUN
cblr-8481	832	45	.	.	PUNCT
cblr-8481	833	1	take	take	VERB
cblr-8481	833	2	,	,	PUNCT
cblr-8481	833	3	for	for	ADP
cblr-8481	833	4	example	example	NOUN
cblr-8481	833	5	,	,	PUNCT
cblr-8481	833	6	the	the	DET
cblr-8481	833	7	seventh	seventh	ADJ
cblr-8481	833	8	circuit	circuit	NOUN
cblr-8481	833	9	’s	’s	PART
cblr-8481	833	10	approach	approach	NOUN
cblr-8481	833	11	to	to	ADP
cblr-8481	833	12	recklessness	recklessness	NOUN
cblr-8481	833	13	in	in	ADP
cblr-8481	833	14	sundstrand	sundstrand	PROPN
cblr-8481	833	15	corp	corp	PROPN
cblr-8481	833	16	.	.	PROPN
cblr-8481	833	17	v.	v.	ADP
cblr-8481	833	18	sun	sun	PROPN
cblr-8481	833	19	chemical	chemical	PROPN
cblr-8481	833	20	corp	corp	PROPN
cblr-8481	833	21	.	.	PROPN
cblr-8481	833	22	,	,	PUNCT
cblr-8481	833	23	which	which	PRON
cblr-8481	833	24	requires	require	VERB
cblr-8481	833	25	that	that	SCONJ
cblr-8481	833	26	“	"	PUNCT
cblr-8481	833	27	the	the	DET
cblr-8481	833	28	danger	danger	NOUN
cblr-8481	833	29	of	of	ADP
cblr-8481	833	30	misleading	mislead	VERB
cblr-8481	833	31	buyers	buyer	NOUN
cblr-8481	833	32	must	must	AUX
cblr-8481	833	33	be	be	AUX
cblr-8481	833	34	actually	actually	ADV
cblr-8481	833	35	known	know	VERB
cblr-8481	833	36	or	or	CCONJ
cblr-8481	833	37	so	so	ADV
cblr-8481	833	38	obvious	obvious	ADJ
cblr-8481	833	39	that	that	SCONJ
cblr-8481	833	40	any	any	DET
cblr-8481	833	41	reasonable	reasonable	ADJ
cblr-8481	833	42	man	man	NOUN
cblr-8481	833	43	would	would	AUX
cblr-8481	833	44	be	be	AUX
cblr-8481	833	45	legally	legally	ADV
cblr-8481	833	46	bound	bind	VERB
cblr-8481	833	47	as	as	ADP
cblr-8481	833	48	knowing	know	VERB
cblr-8481	833	49	,	,	PUNCT
cblr-8481	833	50	and	and	CCONJ
cblr-8481	833	51	the	the	DET
cblr-8481	833	52	omission	omission	NOUN
cblr-8481	833	53	must	must	AUX
cblr-8481	833	54	derive	derive	VERB
cblr-8481	833	55	from	from	ADP
cblr-8481	833	56	something	something	PRON
cblr-8481	833	57	more	more	ADV
cblr-8481	833	58	egregious	egregious	ADJ
cblr-8481	833	59	than	than	ADP
cblr-8481	833	60	even	even	ADV
cblr-8481	833	61	‘	'	PUNCT
cblr-8481	833	62	white	white	ADJ
cblr-8481	833	63	heart	heart	NOUN
cblr-8481	833	64	/	/	SYM
cblr-8481	833	65	empty	empty	ADJ
cblr-8481	833	66	head	head	NOUN
cblr-8481	833	67	’	'	PUNCT
cblr-8481	833	68	good	good	ADJ
cblr-8481	833	69	faith	faith	NOUN
cblr-8481	833	70	.	.	PUNCT
cblr-8481	834	1	”188	”188	VERB
cblr-8481	834	2	applying	apply	VERB
cblr-8481	834	3	the	the	DET
cblr-8481	834	4	seventh	seventh	ADJ
cblr-8481	834	5	circuit	circuit	NOUN
cblr-8481	834	6	’s	’s	PART
cblr-8481	834	7	test	test	NOUN
cblr-8481	834	8	in	in	ADP
cblr-8481	834	9	the	the	DET
cblr-8481	834	10	context	context	NOUN
cblr-8481	834	11	of	of	ADP
cblr-8481	834	12	the	the	DET
cblr-8481	834	13	“	"	PUNCT
cblr-8481	834	14	modified	modified	ADJ
cblr-8481	834	15	creator	creator	NOUN
cblr-8481	834	16	”	"	PUNCT
cblr-8481	834	17	standard	standard	NOUN
cblr-8481	834	18	,	,	PUNCT
cblr-8481	834	19	the	the	DET
cblr-8481	834	20	plaintiffs	plaintiff	NOUN
cblr-8481	834	21	would	would	AUX
cblr-8481	834	22	need	need	VERB
cblr-8481	834	23	to	to	PART
cblr-8481	834	24	show	show	VERB
cblr-8481	834	25	that	that	SCONJ
cblr-8481	834	26	it	it	PRON
cblr-8481	834	27	would	would	AUX
cblr-8481	834	28	be	be	AUX
cblr-8481	834	29	obvious	obvious	ADJ
cblr-8481	834	30	to	to	ADP
cblr-8481	834	31	“	"	PUNCT
cblr-8481	834	32	any	any	DET
cblr-8481	834	33	reasonable	reasonable	ADJ
cblr-8481	834	34	man	man	NOUN
cblr-8481	834	35	”	"	PUNCT
cblr-8481	834	36	that	that	PRON
cblr-8481	834	37	the	the	DET
cblr-8481	834	38	statement	statement	NOUN
cblr-8481	834	39	is	be	AUX
cblr-8481	834	40	misleading	misleading	ADJ
cblr-8481	834	41	,	,	PUNCT
cblr-8481	834	42	that	that	SCONJ
cblr-8481	834	43	it	it	PRON
cblr-8481	834	44	would	would	AUX
cblr-8481	834	45	be	be	AUX
cblr-8481	834	46	similarly	similarly	ADV
cblr-8481	834	47	obvious	obvious	ADJ
cblr-8481	834	48	that	that	SCONJ
cblr-8481	834	49	investors	investor	NOUN
cblr-8481	834	50	would	would	AUX
cblr-8481	834	51	likely	likely	ADV
cblr-8481	834	52	rely	rely	VERB
cblr-8481	834	53	on	on	ADP
cblr-8481	834	54	the	the	DET
cblr-8481	834	55	misstatement	misstatement	NOUN
cblr-8481	834	56	,	,	PUNCT
cblr-8481	834	57	and	and	CCONJ
cblr-8481	834	58	that	that	SCONJ
cblr-8481	834	59	there	there	PRON
cblr-8481	834	60	is	be	VERB
cblr-8481	834	61	some	some	DET
cblr-8481	834	62	hint	hint	NOUN
cblr-8481	834	63	of	of	ADP
cblr-8481	834	64	nefarious	nefarious	ADJ
cblr-8481	834	65	intent	intent	NOUN
cblr-8481	834	66	rather	rather	ADV
cblr-8481	834	67	than	than	ADP
cblr-8481	834	68	genuine	genuine	ADJ
cblr-8481	834	69	negligence	negligence	NOUN
cblr-8481	834	70	.	.	PUNCT
cblr-8481	835	1	while	while	SCONJ
cblr-8481	835	2	this	this	PRON
cblr-8481	835	3	is	be	AUX
cblr-8481	835	4	still	still	ADV
cblr-8481	835	5	a	a	DET
cblr-8481	835	6	very	very	ADV
cblr-8481	835	7	high	high	ADJ
cblr-8481	835	8	threshold	threshold	NOUN
cblr-8481	835	9	to	to	PART
cblr-8481	835	10	clear	clear	VERB
cblr-8481	835	11	,	,	PUNCT
cblr-8481	835	12	it	it	PRON
cblr-8481	835	13	makes	make	VERB
cblr-8481	835	14	getting	get	VERB
cblr-8481	835	15	a	a	DET
cblr-8481	835	16	case	case	NOUN
cblr-8481	835	17	successfully	successfully	ADV
cblr-8481	835	18	through	through	ADP
cblr-8481	835	19	both	both	CCONJ
cblr-8481	835	20	the	the	DET
cblr-8481	835	21	pleading	pleading	NOUN
cblr-8481	835	22	stage	stage	NOUN
cblr-8481	835	23	and	and	CCONJ
cblr-8481	835	24	a	a	DET
cblr-8481	835	25	trial	trial	NOUN
cblr-8481	835	26	much	much	ADV
cblr-8481	835	27	more	more	ADV
cblr-8481	835	28	feasible	feasible	ADJ
cblr-8481	835	29	.	.	PUNCT
cblr-8481	836	1	rather	rather	ADV
cblr-8481	836	2	than	than	ADP
cblr-8481	836	3	having	have	VERB
cblr-8481	836	4	to	to	PART
cblr-8481	836	5	make	make	VERB
cblr-8481	836	6	a	a	DET
cblr-8481	836	7	specific	specific	ADJ
cblr-8481	836	8	showing	showing	NOUN
cblr-8481	836	9	of	of	ADP
cblr-8481	836	10	knowledge	knowledge	NOUN
cblr-8481	836	11	or	or	CCONJ
cblr-8481	836	12	intent	intent	NOUN
cblr-8481	836	13	that	that	PRON
cblr-8481	836	14	would	would	AUX
cblr-8481	836	15	be	be	AUX
cblr-8481	836	16	unrealistic	unrealistic	ADJ
cblr-8481	836	17	in	in	ADP
cblr-8481	836	18	most	most	ADJ
cblr-8481	836	19	cases	case	NOUN
cblr-8481	836	20	,	,	PUNCT
cblr-8481	836	21	courts	court	NOUN
cblr-8481	836	22	could	could	AUX
cblr-8481	836	23	focus	focus	VERB
cblr-8481	836	24	on	on	ADP
cblr-8481	836	25	the	the	DET
cblr-8481	836	26	nature	nature	NOUN
cblr-8481	836	27	of	of	ADP
cblr-8481	836	28	the	the	DET
cblr-8481	836	29	offense	offense	NOUN
cblr-8481	836	30	and	and	CCONJ
cblr-8481	836	31	the	the	DET
cblr-8481	836	32	circumstances	circumstance	NOUN
cblr-8481	836	33	around	around	ADP
cblr-8481	836	34	it	it	PRON
cblr-8481	836	35	to	to	PART
cblr-8481	836	36	determine	determine	VERB
cblr-8481	836	37	whether	whether	SCONJ
cblr-8481	836	38	or	or	CCONJ
cblr-8481	836	39	not	not	PART
cblr-8481	836	40	they	they	PRON
cblr-8481	836	41	meet	meet	VERB
cblr-8481	836	42	the	the	DET
cblr-8481	836	43	threshold.189	threshold.189	NOUN
cblr-8481	836	44	recklessly	recklessly	ADV
cblr-8481	836	45	,	,	PUNCT
cblr-8481	836	46	though	though	SCONJ
cblr-8481	836	47	the	the	DET
cblr-8481	836	48	circuits	circuit	NOUN
cblr-8481	836	49	differ	differ	VERB
cblr-8481	836	50	on	on	ADP
cblr-8481	836	51	the	the	DET
cblr-8481	836	52	degree	degree	NOUN
cblr-8481	836	53	of	of	ADP
cblr-8481	836	54	recklessness	recklessness	NOUN
cblr-8481	836	55	required	require	VERB
cblr-8481	836	56	.	.	PUNCT
cblr-8481	836	57	”	"	PUNCT
cblr-8481	837	1	(	(	PUNCT
cblr-8481	837	2	citing	cite	VERB
cblr-8481	837	3	ottmann	ottmann	NOUN
cblr-8481	837	4	v.	v.	ADP
cblr-8481	837	5	hanger	hanger	PROPN
cblr-8481	837	6	orthopedic	orthopedic	PROPN
cblr-8481	837	7	grp	grp	PROPN
cblr-8481	837	8	.	.	PROPN
cblr-8481	837	9	,	,	PUNCT
cblr-8481	837	10	353	353	NUM
cblr-8481	837	11	f.3d	f.3d	NUM
cblr-8481	837	12	338	338	NUM
cblr-8481	837	13	,	,	PUNCT
cblr-8481	837	14	343	343	NUM
cblr-8481	837	15	(	(	PUNCT
cblr-8481	837	16	4th	4th	ADJ
cblr-8481	837	17	cir	cir	NOUN
cblr-8481	837	18	.	.	PROPN
cblr-8481	837	19	2003	2003	NUM
cblr-8481	837	20	)	)	PUNCT
cblr-8481	837	21	)	)	PUNCT
cblr-8481	837	22	)	)	PUNCT
cblr-8481	837	23	.	.	PUNCT
cblr-8481	838	1	188	188	NUM
cblr-8481	838	2	sundstrand	sundstrand	PROPN
cblr-8481	838	3	corp	corp	PROPN
cblr-8481	838	4	.	.	PROPN
cblr-8481	838	5	v.	v.	ADP
cblr-8481	838	6	sun	sun	PROPN
cblr-8481	838	7	chem	chem	PROPN
cblr-8481	838	8	.	.	PUNCT
cblr-8481	839	1	corp	corp	PROPN
cblr-8481	839	2	.	.	PROPN
cblr-8481	839	3	,	,	PUNCT
cblr-8481	839	4	553	553	NUM
cblr-8481	839	5	f.2d	f.2d	NOUN
cblr-8481	839	6	1033	1033	NUM
cblr-8481	839	7	,	,	PUNCT
cblr-8481	839	8	1045	1045	NUM
cblr-8481	839	9	(	(	PUNCT
cblr-8481	839	10	7th	7th	ADJ
cblr-8481	839	11	cir	cir	NOUN
cblr-8481	839	12	.	.	PUNCT
cblr-8481	839	13	1977	1977	NUM
cblr-8481	839	14	)	)	PUNCT
cblr-8481	839	15	(	(	PUNCT
cblr-8481	839	16	footnote	footnote	VERB
cblr-8481	839	17	omitted	omit	VERB
cblr-8481	839	18	)	)	PUNCT
cblr-8481	839	19	.	.	PUNCT
cblr-8481	840	1	189	189	NUM
cblr-8481	840	2	parsing	parse	VERB
cblr-8481	840	3	out	out	ADP
cblr-8481	840	4	how	how	SCONJ
cblr-8481	840	5	recklessness	recklessness	NOUN
cblr-8481	840	6	would	would	AUX
cblr-8481	840	7	apply	apply	VERB
cblr-8481	840	8	in	in	ADP
cblr-8481	840	9	each	each	DET
cblr-8481	840	10	circuit	circuit	NOUN
cblr-8481	840	11	is	be	AUX
cblr-8481	840	12	beyond	beyond	ADP
cblr-8481	840	13	the	the	DET
cblr-8481	840	14	scope	scope	NOUN
cblr-8481	840	15	of	of	ADP
cblr-8481	840	16	my	my	PRON
cblr-8481	840	17	inquiry	inquiry	NOUN
cblr-8481	840	18	.	.	PUNCT
cblr-8481	841	1	it	it	PRON
cblr-8481	841	2	is	be	AUX
cblr-8481	841	3	helpful	helpful	ADJ
cblr-8481	841	4	to	to	PART
cblr-8481	841	5	note	note	VERB
cblr-8481	841	6	that	that	SCONJ
cblr-8481	841	7	multiple	multiple	ADJ
cblr-8481	841	8	circuits	circuit	NOUN
cblr-8481	841	9	have	have	AUX
cblr-8481	841	10	adopted	adopt	VERB
cblr-8481	841	11	the	the	DET
cblr-8481	841	12	sundstrand	sundstrand	NOUN
cblr-8481	841	13	approach	approach	NOUN
cblr-8481	841	14	.	.	PUNCT
cblr-8481	842	1	for	for	ADP
cblr-8481	842	2	example	example	NOUN
cblr-8481	842	3	,	,	PUNCT
cblr-8481	842	4	the	the	DET
cblr-8481	842	5	fourth	fourth	ADJ
cblr-8481	842	6	circuit	circuit	NOUN
cblr-8481	842	7	defined	define	VERB
cblr-8481	842	8	recklessness	recklessness	NOUN
cblr-8481	842	9	as	as	ADP
cblr-8481	842	10	“	"	PUNCT
cblr-8481	842	11	an	an	DET
cblr-8481	842	12	act	act	NOUN
cblr-8481	842	13	so	so	ADV
cblr-8481	842	14	highly	highly	ADV
cblr-8481	842	15	unreasonable	unreasonable	ADJ
cblr-8481	842	16	and	and	CCONJ
cblr-8481	842	17	such	such	DET
cblr-8481	842	18	an	an	DET
cblr-8481	842	19	extreme	extreme	ADJ
cblr-8481	842	20	departure	departure	NOUN
cblr-8481	842	21	from	from	ADP
cblr-8481	842	22	the	the	DET
cblr-8481	842	23	standard	standard	NOUN
cblr-8481	842	24	of	of	ADP
cblr-8481	842	25	ordinary	ordinary	ADJ
cblr-8481	842	26	care	care	NOUN
cblr-8481	842	27	as	as	ADP
cblr-8481	842	28	to	to	PART
cblr-8481	842	29	present	present	VERB
cblr-8481	842	30	a	a	DET
cblr-8481	842	31	danger	danger	NOUN
cblr-8481	842	32	of	of	ADP
cblr-8481	842	33	misleading	mislead	VERB
cblr-8481	842	34	the	the	DET
cblr-8481	842	35	plaintiff	plaintiff	NOUN
cblr-8481	842	36	to	to	ADP
cblr-8481	842	37	the	the	DET
cblr-8481	842	38	extent	extent	NOUN
cblr-8481	842	39	that	that	SCONJ
cblr-8481	842	40	the	the	DET
cblr-8481	842	41	danger	danger	NOUN
cblr-8481	842	42	was	be	AUX
cblr-8481	842	43	either	either	ADV
cblr-8481	842	44	known	know	VERB
cblr-8481	842	45	to	to	ADP
cblr-8481	842	46	the	the	DET
cblr-8481	842	47	defendant	defendant	NOUN
cblr-8481	842	48	or	or	CCONJ
cblr-8481	842	49	so	so	ADV
cblr-8481	842	50	obvious	obvious	ADJ
cblr-8481	842	51	that	that	SCONJ
cblr-8481	842	52	the	the	DET
cblr-8481	842	53	defendant	defendant	NOUN
cblr-8481	842	54	must	must	AUX
cblr-8481	842	55	have	have	AUX
cblr-8481	842	56	been	be	AUX
cblr-8481	842	57	aware	aware	ADJ
cblr-8481	842	58	of	of	ADP
cblr-8481	842	59	it	it	PRON
cblr-8481	842	60	.	.	PUNCT
cblr-8481	842	61	”	"	PUNCT
cblr-8481	843	1	ottmann	ottmann	PROPN
cblr-8481	843	2	,	,	PUNCT
cblr-8481	843	3	353	353	NUM
cblr-8481	843	4	f.3d	f.3d	NUM
cblr-8481	843	5	at	at	ADP
cblr-8481	843	6	343	343	NUM
cblr-8481	843	7	(	(	PUNCT
cblr-8481	843	8	internal	internal	ADJ
cblr-8481	843	9	quotation	quotation	NOUN
cblr-8481	843	10	marks	mark	NOUN
cblr-8481	843	11	omitted	omit	VERB
cblr-8481	843	12	)	)	PUNCT
cblr-8481	843	13	(	(	PUNCT
cblr-8481	843	14	quoting	quote	VERB
cblr-8481	843	15	phillips	phillip	NOUN
cblr-8481	843	16	v.	v.	ADP
cblr-8481	843	17	lci	lci	PROPN
cblr-8481	843	18	int’l	int’l	PRON
cblr-8481	843	19	,	,	PUNCT
cblr-8481	843	20	inc	inc	PROPN
cblr-8481	843	21	.	.	PROPN
cblr-8481	843	22	,	,	PUNCT
cblr-8481	843	23	190	190	NUM
cblr-8481	843	24	f.3d	f.3d	NUM
cblr-8481	843	25	609	609	NUM
cblr-8481	843	26	,	,	PUNCT
cblr-8481	843	27	621	621	NUM
cblr-8481	843	28	(	(	PUNCT
cblr-8481	843	29	4th	4th	ADJ
cblr-8481	843	30	cir	cir	NOUN
cblr-8481	843	31	.	.	PROPN
cblr-8481	843	32	1999	1999	NUM
cblr-8481	843	33	)	)	PUNCT
cblr-8481	843	34	)	)	PUNCT
cblr-8481	843	35	.	.	PUNCT
cblr-8481	844	1	the	the	DET
cblr-8481	844	2	ninth	ninth	ADJ
cblr-8481	844	3	circuit	circuit	NOUN
cblr-8481	844	4	similarly	similarly	ADV
cblr-8481	844	5	held	hold	VERB
cblr-8481	844	6	that	that	SCONJ
cblr-8481	844	7	“	"	PUNCT
cblr-8481	844	8	if	if	SCONJ
cblr-8481	844	9	no	no	DET
cblr-8481	844	10	reasonable	reasonable	ADJ
cblr-8481	844	11	person	person	NOUN
cblr-8481	844	12	could	could	AUX
cblr-8481	844	13	deny	deny	VERB
cblr-8481	844	14	that	that	SCONJ
cblr-8481	844	15	the	the	DET
cblr-8481	844	16	statement	statement	NOUN
cblr-8481	844	17	was	be	AUX
cblr-8481	844	18	materially	materially	ADV
cblr-8481	844	19	misleading	misleading	ADJ
cblr-8481	844	20	,	,	PUNCT
cblr-8481	844	21	a	a	DET
cblr-8481	844	22	defendant	defendant	NOUN
cblr-8481	844	23	with	with	ADP
cblr-8481	844	24	knowledge	knowledge	NOUN
cblr-8481	844	25	of	of	ADP
cblr-8481	844	26	the	the	DET
cblr-8481	844	27	relevant	relevant	ADJ
cblr-8481	844	28	facts	fact	NOUN
cblr-8481	844	29	can	can	AUX
cblr-8481	844	30	not	not	PART
cblr-8481	844	31	manufacture	manufacture	VERB
cblr-8481	844	32	a	a	DET
cblr-8481	844	33	genuine	genuine	ADJ
cblr-8481	844	34	issue	issue	NOUN
cblr-8481	844	35	of	of	ADP
cblr-8481	844	36	material	material	ADJ
cblr-8481	844	37	fact	fact	NOUN
cblr-8481	844	38	merely	merely	ADV
cblr-8481	844	39	by	by	ADP
cblr-8481	844	40	denying	deny	VERB
cblr-8481	844	41	(	(	PUNCT
cblr-8481	844	42	or	or	CCONJ
cblr-8481	844	43	intentionally	intentionally	ADV
cblr-8481	844	44	note	note	VERB
cblr-8481	844	45	lieberman	lieberman	PROPN
cblr-8481	844	46	6/13/2021	6/13/2021	NUM
cblr-8481	844	47	8:45	8:45	NUM
cblr-8481	844	48	pm	pm	NOUN
cblr-8481	844	49	398	398	NUM
cblr-8481	844	50	columbia	columbia	PROPN
cblr-8481	844	51	business	business	NOUN
cblr-8481	844	52	law	law	PROPN
cblr-8481	844	53	review	review	NOUN
cblr-8481	844	54	[	[	X
cblr-8481	844	55	vol	vol	NOUN
cblr-8481	844	56	.	.	PUNCT
cblr-8481	844	57	2021	2021	NUM
cblr-8481	844	58	v.	v.	ADP
cblr-8481	844	59	the	the	DET
cblr-8481	844	60	“	"	PUNCT
cblr-8481	844	61	modified	modified	ADJ
cblr-8481	844	62	creator	creator	NOUN
cblr-8481	844	63	standard	standard	NOUN
cblr-8481	844	64	”	"	PUNCT
cblr-8481	844	65	and	and	CCONJ
cblr-8481	844	66	the	the	DET
cblr-8481	844	67	private	private	ADJ
cblr-8481	844	68	right	right	NOUN
cblr-8481	844	69	of	of	ADP
cblr-8481	844	70	action	action	NOUN
cblr-8481	844	71	this	this	DET
cblr-8481	844	72	part	part	NOUN
cblr-8481	844	73	discusses	discuss	VERB
cblr-8481	844	74	the	the	DET
cblr-8481	844	75	implications	implication	NOUN
cblr-8481	844	76	of	of	ADP
cblr-8481	844	77	the	the	DET
cblr-8481	844	78	“	"	PUNCT
cblr-8481	844	79	modified	modified	ADJ
cblr-8481	844	80	creator	creator	NOUN
cblr-8481	844	81	standard	standard	NOUN
cblr-8481	844	82	”	"	PUNCT
cblr-8481	844	83	for	for	ADP
cblr-8481	844	84	the	the	DET
cblr-8481	844	85	private	private	ADJ
cblr-8481	844	86	right	right	NOUN
cblr-8481	844	87	of	of	ADP
cblr-8481	844	88	action	action	NOUN
cblr-8481	844	89	,	,	PUNCT
cblr-8481	844	90	expanding	expand	VERB
cblr-8481	844	91	on	on	ADP
cblr-8481	844	92	the	the	DET
cblr-8481	844	93	discussion	discussion	NOUN
cblr-8481	844	94	in	in	ADP
cblr-8481	844	95	part	part	NOUN
cblr-8481	844	96	iv	iv	NOUN
cblr-8481	844	97	of	of	ADP
cblr-8481	844	98	the	the	DET
cblr-8481	844	99	balance	balance	NOUN
cblr-8481	844	100	between	between	ADP
cblr-8481	844	101	expanding	expand	VERB
cblr-8481	844	102	10b-5	10b-5	NUM
cblr-8481	844	103	liability	liability	NOUN
cblr-8481	844	104	and	and	CCONJ
cblr-8481	844	105	preventing	prevent	VERB
cblr-8481	844	106	a	a	DET
cblr-8481	844	107	flood	flood	NOUN
cblr-8481	844	108	of	of	ADP
cblr-8481	844	109	litigation	litigation	NOUN
cblr-8481	844	110	.	.	PUNCT
cblr-8481	845	1	a	a	DET
cblr-8481	845	2	discussion	discussion	NOUN
cblr-8481	845	3	of	of	ADP
cblr-8481	845	4	sec	sec	PROPN
cblr-8481	845	5	enforcement	enforcement	NOUN
cblr-8481	845	6	follows	follow	VERB
cblr-8481	845	7	in	in	ADP
cblr-8481	845	8	part	part	NOUN
cblr-8481	845	9	vi	vi	PROPN
cblr-8481	845	10	.	.	PROPN
cblr-8481	845	11	section	section	NOUN
cblr-8481	845	12	v.a	v.a	PROPN
cblr-8481	845	13	discusses	discuss	VERB
cblr-8481	845	14	criticisms	criticism	NOUN
cblr-8481	845	15	of	of	ADP
cblr-8481	845	16	the	the	DET
cblr-8481	845	17	existence	existence	NOUN
cblr-8481	845	18	of	of	ADP
cblr-8481	845	19	the	the	DET
cblr-8481	845	20	private	private	ADJ
cblr-8481	845	21	right	right	NOUN
cblr-8481	845	22	of	of	ADP
cblr-8481	845	23	action	action	NOUN
cblr-8481	845	24	that	that	PRON
cblr-8481	845	25	have	have	AUX
cblr-8481	845	26	taken	take	VERB
cblr-8481	845	27	root	root	NOUN
cblr-8481	845	28	in	in	ADP
cblr-8481	845	29	legal	legal	ADJ
cblr-8481	845	30	academia	academia	NOUN
cblr-8481	845	31	.	.	PUNCT
cblr-8481	846	1	section	section	NOUN
cblr-8481	846	2	v.b	v.b	PROPN
cblr-8481	846	3	then	then	ADV
cblr-8481	846	4	explains	explain	VERB
cblr-8481	846	5	why	why	SCONJ
cblr-8481	846	6	,	,	PUNCT
cblr-8481	846	7	despite	despite	SCONJ
cblr-8481	846	8	flaws	flaw	NOUN
cblr-8481	846	9	,	,	PUNCT
cblr-8481	846	10	the	the	DET
cblr-8481	846	11	private	private	ADJ
cblr-8481	846	12	right	right	NOUN
cblr-8481	846	13	of	of	ADP
cblr-8481	846	14	action	action	NOUN
cblr-8481	846	15	(	(	PUNCT
cblr-8481	846	16	in	in	ADP
cblr-8481	846	17	addition	addition	NOUN
cblr-8481	846	18	to	to	ADP
cblr-8481	846	19	sec	sec	PROPN
cblr-8481	846	20	enforcement	enforcement	NOUN
cblr-8481	846	21	)	)	PUNCT
cblr-8481	846	22	is	be	AUX
cblr-8481	846	23	necessary	necessary	ADJ
cblr-8481	846	24	as	as	ADP
cblr-8481	846	25	a	a	DET
cblr-8481	846	26	means	means	NOUN
cblr-8481	846	27	of	of	ADP
cblr-8481	846	28	deterring	deter	VERB
cblr-8481	846	29	fraud	fraud	NOUN
cblr-8481	846	30	.	.	PUNCT
cblr-8481	847	1	it	it	PRON
cblr-8481	847	2	also	also	ADV
cblr-8481	847	3	provides	provide	VERB
cblr-8481	847	4	specific	specific	ADJ
cblr-8481	847	5	justification	justification	NOUN
cblr-8481	847	6	for	for	ADP
cblr-8481	847	7	the	the	DET
cblr-8481	847	8	“	"	PUNCT
cblr-8481	847	9	modified	modified	ADJ
cblr-8481	847	10	creator	creator	NOUN
cblr-8481	847	11	standard	standard	NOUN
cblr-8481	847	12	”	"	PUNCT
cblr-8481	847	13	and	and	CCONJ
cblr-8481	847	14	its	its	PRON
cblr-8481	847	15	expansion	expansion	NOUN
cblr-8481	847	16	of	of	ADP
cblr-8481	847	17	primary	primary	ADJ
cblr-8481	847	18	liability	liability	NOUN
cblr-8481	847	19	.	.	PUNCT
cblr-8481	848	1	lastly	lastly	ADV
cblr-8481	848	2	,	,	PUNCT
cblr-8481	848	3	section	section	NOUN
cblr-8481	848	4	v.c	v.c	PROPN
cblr-8481	848	5	discusses	discuss	VERB
cblr-8481	848	6	the	the	DET
cblr-8481	848	7	ways	way	NOUN
cblr-8481	848	8	in	in	ADP
cblr-8481	848	9	which	which	PRON
cblr-8481	848	10	the	the	DET
cblr-8481	848	11	“	"	PUNCT
cblr-8481	848	12	modified	modified	ADJ
cblr-8481	848	13	creator	creator	NOUN
cblr-8481	848	14	standard	standard	NOUN
cblr-8481	848	15	”	"	PUNCT
cblr-8481	848	16	would	would	AUX
cblr-8481	848	17	preserve	preserve	VERB
cblr-8481	848	18	guardrails	guardrail	NOUN
cblr-8481	848	19	against	against	ADP
cblr-8481	848	20	frivolous	frivolous	ADJ
cblr-8481	848	21	and	and	CCONJ
cblr-8481	848	22	wasteful	wasteful	ADJ
cblr-8481	848	23	litigation	litigation	NOUN
cblr-8481	848	24	,	,	PUNCT
cblr-8481	848	25	specifically	specifically	ADV
cblr-8481	848	26	by	by	ADP
cblr-8481	848	27	showing	show	VERB
cblr-8481	848	28	how	how	SCONJ
cblr-8481	848	29	it	it	PRON
cblr-8481	848	30	would	would	AUX
cblr-8481	848	31	fit	fit	VERB
cblr-8481	848	32	into	into	ADP
cblr-8481	848	33	the	the	DET
cblr-8481	848	34	rest	rest	NOUN
cblr-8481	848	35	of	of	ADP
cblr-8481	848	36	the	the	DET
cblr-8481	848	37	legal	legal	ADJ
cblr-8481	848	38	regime	regime	NOUN
cblr-8481	848	39	put	put	VERB
cblr-8481	848	40	in	in	ADP
cblr-8481	848	41	place	place	NOUN
cblr-8481	848	42	by	by	ADP
cblr-8481	848	43	rule	rule	NOUN
cblr-8481	848	44	10b-5	10b-5	NUM
cblr-8481	848	45	.	.	PUNCT
cblr-8481	849	1	a.	a.	NOUN
cblr-8481	849	2	criticisms	criticism	NOUN
cblr-8481	849	3	of	of	ADP
cblr-8481	849	4	the	the	DET
cblr-8481	849	5	private	private	ADJ
cblr-8481	849	6	right	right	NOUN
cblr-8481	849	7	of	of	ADP
cblr-8481	849	8	action	action	NOUN
cblr-8481	849	9	this	this	DET
cblr-8481	849	10	section	section	NOUN
cblr-8481	849	11	discusses	discuss	VERB
cblr-8481	849	12	the	the	DET
cblr-8481	849	13	major	major	ADJ
cblr-8481	849	14	criticisms	criticism	NOUN
cblr-8481	849	15	of	of	ADP
cblr-8481	849	16	the	the	DET
cblr-8481	849	17	private	private	ADJ
cblr-8481	849	18	right	right	NOUN
cblr-8481	849	19	of	of	ADP
cblr-8481	849	20	action	action	NOUN
cblr-8481	849	21	,	,	PUNCT
cblr-8481	849	22	which	which	PRON
cblr-8481	849	23	some	some	DET
cblr-8481	849	24	prominent	prominent	ADJ
cblr-8481	849	25	commentators	commentator	NOUN
cblr-8481	849	26	in	in	ADP
cblr-8481	849	27	legal	legal	ADJ
cblr-8481	849	28	academia	academia	NOUN
cblr-8481	849	29	have	have	AUX
cblr-8481	849	30	advocated	advocate	VERB
cblr-8481	849	31	should	should	AUX
cblr-8481	849	32	be	be	AUX
cblr-8481	849	33	narrowed	narrow	VERB
cblr-8481	849	34	or	or	CCONJ
cblr-8481	849	35	eliminated.190	eliminated.190	NOUN
cblr-8481	849	36	given	give	VERB
cblr-8481	849	37	that	that	SCONJ
cblr-8481	849	38	the	the	DET
cblr-8481	849	39	“	"	PUNCT
cblr-8481	849	40	modified	modified	ADJ
cblr-8481	849	41	creator	creator	NOUN
cblr-8481	849	42	standard	standard	NOUN
cblr-8481	849	43	”	"	PUNCT
cblr-8481	849	44	disregarding	disregard	VERB
cblr-8481	849	45	)	)	PUNCT
cblr-8481	849	46	what	what	PRON
cblr-8481	849	47	any	any	DET
cblr-8481	849	48	reasonable	reasonable	ADJ
cblr-8481	849	49	person	person	NOUN
cblr-8481	849	50	would	would	AUX
cblr-8481	849	51	have	have	AUX
cblr-8481	849	52	known	know	VERB
cblr-8481	849	53	.	.	PUNCT
cblr-8481	849	54	”	"	PUNCT
cblr-8481	850	1	essentially	essentially	ADV
cblr-8481	850	2	,	,	PUNCT
cblr-8481	850	3	the	the	DET
cblr-8481	850	4	standard	standard	NOUN
cblr-8481	850	5	requires	require	VERB
cblr-8481	850	6	the	the	DET
cblr-8481	850	7	defendant	defendant	NOUN
cblr-8481	850	8	to	to	PART
cblr-8481	850	9	show	show	VERB
cblr-8481	850	10	that	that	SCONJ
cblr-8481	850	11	the	the	DET
cblr-8481	850	12	statement	statement	NOUN
cblr-8481	850	13	was	be	AUX
cblr-8481	850	14	objectively	objectively	ADV
cblr-8481	850	15	not	not	PART
cblr-8481	850	16	misleading	misleading	ADJ
cblr-8481	850	17	.	.	PUNCT
cblr-8481	851	1	ninth	ninth	ADJ
cblr-8481	851	2	circuit	circuit	NOUN
cblr-8481	851	3	holds	hold	VERB
cblr-8481	851	4	that	that	DET
cblr-8481	851	5	scienter	scienter	NOUN
cblr-8481	851	6	may	may	AUX
cblr-8481	851	7	be	be	AUX
cblr-8481	851	8	established	establish	VERB
cblr-8481	851	9	through	through	ADP
cblr-8481	851	10	an	an	DET
cblr-8481	851	11	objective	objective	ADJ
cblr-8481	851	12	evaluation	evaluation	NOUN
cblr-8481	851	13	of	of	ADP
cblr-8481	851	14	a	a	DET
cblr-8481	851	15	defendant	defendant	NOUN
cblr-8481	851	16	’s	’s	PART
cblr-8481	851	17	deliberate	deliberate	ADJ
cblr-8481	851	18	recklessness	recklessness	NOUN
cblr-8481	851	19	,	,	PUNCT
cblr-8481	851	20	sheppard	sheppard	PROPN
cblr-8481	851	21	mullin	mullin	PROPN
cblr-8481	851	22	(	(	PUNCT
cblr-8481	851	23	aug	aug	PROPN
cblr-8481	851	24	.	.	PROPN
cblr-8481	851	25	13	13	NUM
cblr-8481	851	26	,	,	PUNCT
cblr-8481	851	27	2010	2010	NUM
cblr-8481	851	28	)	)	PUNCT
cblr-8481	851	29	(	(	PUNCT
cblr-8481	851	30	quoting	quote	VERB
cblr-8481	851	31	sec	sec	PROPN
cblr-8481	851	32	v.	v.	PROPN
cblr-8481	851	33	platforms	platform	NOUN
cblr-8481	851	34	wireless	wireless	VERB
cblr-8481	851	35	int’l	int’l	PROPN
cblr-8481	851	36	corp	corp	PROPN
cblr-8481	851	37	.	.	PROPN
cblr-8481	851	38	,	,	PUNCT
cblr-8481	851	39	nos	nos	PROPN
cblr-8481	851	40	.	.	PROPN
cblr-8481	851	41	0756542	0756542	NUM
cblr-8481	851	42	&	&	CCONJ
cblr-8481	851	43	09	09	NUM
cblr-8481	851	44	-	-	PUNCT
cblr-8481	851	45	55039	55039	NUM
cblr-8481	851	46	,	,	PUNCT
cblr-8481	851	47	2010	2010	NUM
cblr-8481	851	48	u.s	u.s	PROPN
cblr-8481	851	49	.	.	PROPN
cblr-8481	851	50	app	app	PROPN
cblr-8481	851	51	.	.	PROPN
cblr-8481	851	52	lexis	lexis	PROPN
cblr-8481	851	53	15328	15328	NUM
cblr-8481	851	54	,	,	PUNCT
cblr-8481	851	55	at	at	ADP
cblr-8481	851	56	*	*	PROPN
cblr-8481	851	57	41	41	NUM
cblr-8481	851	58	(	(	PUNCT
cblr-8481	851	59	9th	9th	ADJ
cblr-8481	851	60	cir	cir	NOUN
cblr-8481	851	61	.	.	PUNCT
cblr-8481	852	1	july	july	PROPN
cblr-8481	852	2	27	27	NUM
cblr-8481	852	3	,	,	PUNCT
cblr-8481	852	4	2010	2010	NUM
cblr-8481	852	5	)	)	PUNCT
cblr-8481	852	6	)	)	PUNCT
cblr-8481	852	7	,	,	PUNCT
cblr-8481	852	8	https://www.corporatesecuritieslawblog	https://www.corporatesecuritieslawblog	PROPN
cblr-8481	852	9	.com/2010/08	.com/2010/08	PROPN
cblr-8481	852	10	/	/	SYM
cblr-8481	852	11	ninth	ninth	ADJ
cblr-8481	852	12	-	-	PUNCT
cblr-8481	852	13	circuitholds	circuithold	NOUN
cblr-8481	852	14	-	-	PUNCT
cblr-8481	852	15	that	that	DET
cblr-8481	852	16	-	-	PUNCT
cblr-8481	852	17	scienter	scienter	NOUN
cblr-8481	852	18	-	-	PUNCT
cblr-8481	852	19	may	may	AUX
cblr-8481	852	20	-	-	PUNCT
cblr-8481	852	21	be	be	AUX
cblr-8481	852	22	-	-	PUNCT
cblr-8481	852	23	established	establish	VERB
cblr-8481	852	24	-	-	PUNCT
cblr-8481	852	25	through	through	ADP
cblr-8481	852	26	-	-	PUNCT
cblr-8481	852	27	an	an	DET
cblr-8481	852	28	-	-	PUNCT
cblr-8481	852	29	objective	objective	ADJ
cblr-8481	852	30	-	-	PUNCT
cblr-8481	852	31	evaluation	evaluation	NOUN
cblr-8481	852	32	-	-	PUNCT
cblr-8481	852	33	ofa	ofa	PROPN
cblr-8481	852	34	-	-	PUNCT
cblr-8481	852	35	defendants	defendant	NOUN
cblr-8481	852	36	-	-	PUNCT
cblr-8481	852	37	deliberate	deliberate	ADJ
cblr-8481	852	38	-	-	PUNCT
cblr-8481	852	39	recklessness	recklessness	NOUN
cblr-8481	852	40	[	[	X
cblr-8481	852	41	https://perma.cc/rqh2-uduu	https://perma.cc/rqh2-uduu	X
cblr-8481	852	42	]	]	PUNCT
cblr-8481	852	43	.	.	PUNCT
cblr-8481	853	1	190	190	NUM
cblr-8481	853	2	see	see	NOUN
cblr-8481	853	3	rose	rise	VERB
cblr-8481	853	4	,	,	PUNCT
cblr-8481	853	5	supra	supra	PROPN
cblr-8481	853	6	note	note	PROPN
cblr-8481	853	7	145	145	NUM
cblr-8481	853	8	,	,	PUNCT
cblr-8481	853	9	at	at	ADP
cblr-8481	853	10	1363–64	1363–64	NUM
cblr-8481	853	11	(	(	PUNCT
cblr-8481	853	12	advocating	advocate	VERB
cblr-8481	853	13	greater	great	ADJ
cblr-8481	853	14	sec	sec	PROPN
cblr-8481	853	15	oversight	oversight	NOUN
cblr-8481	853	16	)	)	PUNCT
cblr-8481	853	17	;	;	PUNCT
cblr-8481	854	1	cf	cf	X
cblr-8481	854	2	.	.	PUNCT
cblr-8481	855	1	also	also	ADV
cblr-8481	855	2	joseph	joseph	PROPN
cblr-8481	855	3	a.	a.	PROPN
cblr-8481	855	4	grundfest	grundfest	PROPN
cblr-8481	855	5	,	,	PUNCT
cblr-8481	855	6	disimplying	disimplye	VERB
cblr-8481	855	7	private	private	ADJ
cblr-8481	855	8	rights	right	NOUN
cblr-8481	855	9	of	of	ADP
cblr-8481	855	10	action	action	NOUN
cblr-8481	855	11	under	under	ADP
cblr-8481	855	12	the	the	DET
cblr-8481	855	13	federal	federal	ADJ
cblr-8481	855	14	securities	security	NOUN
cblr-8481	855	15	laws	law	NOUN
cblr-8481	855	16	:	:	PUNCT
cblr-8481	855	17	the	the	DET
cblr-8481	855	18	commission	commission	NOUN
cblr-8481	855	19	’s	’s	PART
cblr-8481	855	20	authority	authority	NOUN
cblr-8481	855	21	,	,	PUNCT
cblr-8481	855	22	107	107	NUM
cblr-8481	855	23	harv	harv	NOUN
cblr-8481	855	24	.	.	PUNCT
cblr-8481	856	1	l.	l.	PROPN
cblr-8481	856	2	rev	rev	PROPN
cblr-8481	856	3	.	.	PROPN
cblr-8481	856	4	961	961	NUM
cblr-8481	856	5	,	,	PUNCT
cblr-8481	856	6	1023–24	1023–24	NUM
cblr-8481	856	7	(	(	PUNCT
cblr-8481	856	8	1994	1994	NUM
cblr-8481	856	9	)	)	PUNCT
cblr-8481	856	10	(	(	PUNCT
cblr-8481	856	11	arguing	argue	VERB
cblr-8481	856	12	that	that	SCONJ
cblr-8481	856	13	the	the	DET
cblr-8481	856	14	sec	sec	PROPN
cblr-8481	856	15	should	should	AUX
cblr-8481	856	16	clarify	clarify	VERB
cblr-8481	856	17	note	note	VERB
cblr-8481	856	18	–	–	PUNCT
cblr-8481	856	19	lieberman	lieberman	PROPN
cblr-8481	856	20	6/13/2021	6/13/2021	NUM
cblr-8481	856	21	8:45	8:45	NUM
cblr-8481	856	22	pm	pm	NOUN
cblr-8481	856	23	no	no	INTJ
cblr-8481	856	24	.	.	PUNCT
cblr-8481	857	1	1:352	1:352	NUM
cblr-8481	857	2	]	]	X
cblr-8481	857	3	lorenzo	lorenzo	PROPN
cblr-8481	857	4	v.	v.	ADP
cblr-8481	857	5	sec	sec	PROPN
cblr-8481	857	6	and	and	CCONJ
cblr-8481	857	7	the	the	DET
cblr-8481	857	8	expansion	expansion	NOUN
cblr-8481	857	9	of	of	ADP
cblr-8481	857	10	scheme	scheme	NOUN
cblr-8481	857	11	liability	liability	NOUN
cblr-8481	857	12	399	399	NUM
cblr-8481	857	13	expands	expand	VERB
cblr-8481	857	14	the	the	DET
cblr-8481	857	15	reach	reach	NOUN
cblr-8481	857	16	of	of	ADP
cblr-8481	857	17	the	the	DET
cblr-8481	857	18	private	private	ADJ
cblr-8481	857	19	right	right	NOUN
cblr-8481	857	20	of	of	ADP
cblr-8481	857	21	action	action	NOUN
cblr-8481	857	22	,	,	PUNCT
cblr-8481	857	23	it	it	PRON
cblr-8481	857	24	is	be	AUX
cblr-8481	857	25	necessary	necessary	ADJ
cblr-8481	857	26	to	to	PART
cblr-8481	857	27	outline	outline	VERB
cblr-8481	857	28	these	these	DET
cblr-8481	857	29	criticisms	criticism	NOUN
cblr-8481	857	30	and	and	CCONJ
cblr-8481	857	31	how	how	SCONJ
cblr-8481	857	32	they	they	PRON
cblr-8481	857	33	have	have	AUX
cblr-8481	857	34	shaped	shape	VERB
cblr-8481	857	35	the	the	DET
cblr-8481	857	36	current	current	ADJ
cblr-8481	857	37	discourse	discourse	NOUN
cblr-8481	857	38	around	around	ADP
cblr-8481	857	39	the	the	DET
cblr-8481	857	40	private	private	ADJ
cblr-8481	857	41	right	right	NOUN
cblr-8481	857	42	of	of	ADP
cblr-8481	857	43	action	action	NOUN
cblr-8481	857	44	.	.	PUNCT
cblr-8481	858	1	the	the	DET
cblr-8481	858	2	private	private	ADJ
cblr-8481	858	3	right	right	NOUN
cblr-8481	858	4	of	of	ADP
cblr-8481	858	5	action	action	NOUN
cblr-8481	858	6	is	be	AUX
cblr-8481	858	7	usually	usually	ADV
cblr-8481	858	8	justified	justify	VERB
cblr-8481	858	9	on	on	ADP
cblr-8481	858	10	two	two	NUM
cblr-8481	858	11	grounds	ground	NOUN
cblr-8481	858	12	:	:	PUNCT
cblr-8481	858	13	compensating	compensate	VERB
cblr-8481	858	14	the	the	DET
cblr-8481	858	15	victims	victim	NOUN
cblr-8481	858	16	of	of	ADP
cblr-8481	858	17	securities	security	NOUN
cblr-8481	858	18	fraud	fraud	NOUN
cblr-8481	858	19	and	and	CCONJ
cblr-8481	858	20	deterring	deter	VERB
cblr-8481	858	21	fraudulent	fraudulent	ADJ
cblr-8481	859	1	behavior.191	behavior.191	NOUN
cblr-8481	859	2	however	however	ADV
cblr-8481	859	3	,	,	PUNCT
cblr-8481	859	4	the	the	DET
cblr-8481	859	5	compensatory	compensatory	ADJ
cblr-8481	859	6	rationale	rationale	NOUN
cblr-8481	859	7	has	have	AUX
cblr-8481	859	8	been	be	AUX
cblr-8481	859	9	generally	generally	ADV
cblr-8481	859	10	discredited,192	discredited,192	PRON
cblr-8481	859	11	meaning	mean	VERB
cblr-8481	859	12	that	that	SCONJ
cblr-8481	859	13	the	the	DET
cblr-8481	859	14	efficacy	efficacy	NOUN
cblr-8481	859	15	of	of	ADP
cblr-8481	859	16	private	private	ADJ
cblr-8481	859	17	actions	action	NOUN
cblr-8481	859	18	is	be	AUX
cblr-8481	859	19	measured	measure	VERB
cblr-8481	859	20	by	by	ADP
cblr-8481	859	21	whether	whether	SCONJ
cblr-8481	859	22	or	or	CCONJ
cblr-8481	859	23	not	not	PART
cblr-8481	859	24	they	they	PRON
cblr-8481	859	25	are	be	AUX
cblr-8481	859	26	an	an	DET
cblr-8481	859	27	effective	effective	ADJ
cblr-8481	859	28	deterrent	deterrent	NOUN
cblr-8481	859	29	.	.	PUNCT
cblr-8481	860	1	the	the	DET
cblr-8481	860	2	issue	issue	NOUN
cblr-8481	860	3	is	be	AUX
cblr-8481	860	4	that	that	SCONJ
cblr-8481	860	5	,	,	PUNCT
cblr-8481	860	6	in	in	ADP
cblr-8481	860	7	the	the	DET
cblr-8481	860	8	words	word	NOUN
cblr-8481	860	9	of	of	ADP
cblr-8481	860	10	vanderbilt	vanderbilt	PROPN
cblr-8481	860	11	professor	professor	PROPN
cblr-8481	860	12	amanda	amanda	PROPN
cblr-8481	860	13	rose	rise	VERB
cblr-8481	860	14	,	,	PUNCT
cblr-8481	860	15	“	"	PUNCT
cblr-8481	860	16	the	the	DET
cblr-8481	860	17	optimal	optimal	ADJ
cblr-8481	860	18	level	level	NOUN
cblr-8481	860	19	of	of	ADP
cblr-8481	860	20	deterrence	deterrence	NOUN
cblr-8481	860	21	is	be	AUX
cblr-8481	860	22	less	less	ADJ
cblr-8481	860	23	than	than	ADP
cblr-8481	860	24	the	the	DET
cblr-8481	860	25	maximum	maximum	ADJ
cblr-8481	860	26	level	level	NOUN
cblr-8481	860	27	of	of	ADP
cblr-8481	860	28	deterrence	deterrence	NOUN
cblr-8481	860	29	,	,	PUNCT
cblr-8481	860	30	”	"	PUNCT
cblr-8481	860	31	meaning	mean	VERB
cblr-8481	860	32	that	that	SCONJ
cblr-8481	860	33	too	too	ADV
cblr-8481	860	34	broad	broad	ADJ
cblr-8481	860	35	a	a	DET
cblr-8481	860	36	scope	scope	NOUN
cblr-8481	860	37	for	for	ADP
cblr-8481	860	38	private	private	ADJ
cblr-8481	860	39	suits	suit	NOUN
cblr-8481	860	40	can	can	AUX
cblr-8481	860	41	lead	lead	VERB
cblr-8481	860	42	to	to	ADP
cblr-8481	860	43	over	over	ADP
cblr-8481	860	44	-	-	PUNCT
cblr-8481	860	45	deterrence.193	deterrence.193	NOUN
cblr-8481	860	46	for	for	ADP
cblr-8481	860	47	instance	instance	NOUN
cblr-8481	860	48	,	,	PUNCT
cblr-8481	860	49	she	she	PRON
cblr-8481	860	50	claims	claim	VERB
cblr-8481	860	51	that	that	SCONJ
cblr-8481	860	52	rule	rule	NOUN
cblr-8481	860	53	10b-5	10b-5	NUM
cblr-8481	860	54	seeks	seek	VERB
cblr-8481	860	55	to	to	PART
cblr-8481	860	56	prompt	prompt	VERB
cblr-8481	860	57	the	the	DET
cblr-8481	860	58	corporation	corporation	NOUN
cblr-8481	860	59	to	to	PART
cblr-8481	860	60	take	take	VERB
cblr-8481	860	61	adequate	adequate	ADJ
cblr-8481	860	62	precautions	precaution	NOUN
cblr-8481	860	63	to	to	PART
cblr-8481	860	64	ensure	ensure	VERB
cblr-8481	860	65	that	that	SCONJ
cblr-8481	860	66	its	its	PRON
cblr-8481	860	67	officers	officer	NOUN
cblr-8481	860	68	do	do	AUX
cblr-8481	860	69	not	not	PART
cblr-8481	860	70	engage	engage	VERB
cblr-8481	860	71	in	in	ADP
cblr-8481	860	72	fraud	fraud	NOUN
cblr-8481	860	73	.	.	PUNCT
cblr-8481	861	1	but	but	CCONJ
cblr-8481	861	2	the	the	DET
cblr-8481	861	3	rule	rule	NOUN
cblr-8481	861	4	necessarily	necessarily	ADV
cblr-8481	861	5	also	also	ADV
cblr-8481	861	6	captures	capture	VERB
cblr-8481	861	7	cases	case	NOUN
cblr-8481	861	8	where	where	SCONJ
cblr-8481	861	9	a	a	DET
cblr-8481	861	10	corporation	corporation	NOUN
cblr-8481	861	11	has	have	AUX
cblr-8481	861	12	taken	take	VERB
cblr-8481	861	13	appropriate	appropriate	ADJ
cblr-8481	861	14	care	care	NOUN
cblr-8481	862	1	[	[	X
cblr-8481	862	2	,	,	X
cblr-8481	862	3	]	]	X
cblr-8481	863	1	[	[	X
cblr-8481	863	2	and	and	CCONJ
cblr-8481	863	3	the	the	DET
cblr-8481	863	4	]	]	X
cblr-8481	863	5	corporation	corporation	NOUN
cblr-8481	863	6	’s	’s	PART
cblr-8481	863	7	failure	failure	NOUN
cblr-8481	863	8	to	to	PART
cblr-8481	863	9	prevent	prevent	VERB
cblr-8481	863	10	a	a	DET
cblr-8481	863	11	rule	rule	NOUN
cblr-8481	863	12	10b-5	10b-5	NUM
cblr-8481	863	13	violation	violation	NOUN
cblr-8481	863	14	.	.	PUNCT
cblr-8481	863	15	.	.	PUNCT
cblr-8481	864	1	.	.	PUNCT
cblr-8481	865	1	[	[	X
cblr-8481	865	2	is	be	AUX
cblr-8481	865	3	]	]	X
cblr-8481	865	4	the	the	DET
cblr-8481	865	5	result	result	NOUN
cblr-8481	865	6	of	of	ADP
cblr-8481	865	7	negligent	negligent	ADJ
cblr-8481	865	8	oversight.194	oversight.194	NOUN
cblr-8481	865	9	because	because	SCONJ
cblr-8481	865	10	of	of	ADP
cblr-8481	865	11	“	"	PUNCT
cblr-8481	865	12	ambiguities	ambiguity	NOUN
cblr-8481	865	13	in	in	ADP
cblr-8481	865	14	the	the	DET
cblr-8481	865	15	legal	legal	ADJ
cblr-8481	865	16	standard	standard	NOUN
cblr-8481	865	17	[	[	X
cblr-8481	865	18	of	of	ADP
cblr-8481	865	19	liability	liability	NOUN
cblr-8481	865	20	]	]	PUNCT
cblr-8481	865	21	.	.	PUNCT
cblr-8481	865	22	.	.	PUNCT
cblr-8481	865	23	.	.	PUNCT
cblr-8481	866	1	corporate	corporate	ADJ
cblr-8481	866	2	officers	officer	NOUN
cblr-8481	866	3	may	may	AUX
cblr-8481	866	4	find	find	VERB
cblr-8481	866	5	it	it	PRON
cblr-8481	866	6	difficult	difficult	ADJ
cblr-8481	866	7	to	to	PART
cblr-8481	866	8	comply	comply	VERB
cblr-8481	866	9	despite	despite	SCONJ
cblr-8481	866	10	the	the	DET
cblr-8481	866	11	expressly	expressly	ADV
cblr-8481	866	12	the	the	DET
cblr-8481	866	13	private	private	ADJ
cblr-8481	866	14	right	right	NOUN
cblr-8481	866	15	of	of	ADP
cblr-8481	866	16	action	action	NOUN
cblr-8481	866	17	to	to	PART
cblr-8481	866	18	address	address	VERB
cblr-8481	866	19	controversies	controversy	NOUN
cblr-8481	866	20	around	around	ADP
cblr-8481	866	21	its	its	PRON
cblr-8481	866	22	interpretation	interpretation	NOUN
cblr-8481	866	23	)	)	PUNCT
cblr-8481	866	24	.	.	PUNCT
cblr-8481	867	1	191	191	NUM
cblr-8481	867	2	see	see	VERB
cblr-8481	867	3	john	john	PROPN
cblr-8481	867	4	c.	c.	PROPN
cblr-8481	867	5	coffee	coffee	PROPN
cblr-8481	867	6	,	,	PUNCT
cblr-8481	867	7	jr	jr	PROPN
cblr-8481	867	8	.	.	PROPN
cblr-8481	867	9	,	,	PUNCT
cblr-8481	867	10	reforming	reform	VERB
cblr-8481	867	11	the	the	DET
cblr-8481	867	12	securities	security	NOUN
cblr-8481	867	13	class	class	NOUN
cblr-8481	867	14	action	action	NOUN
cblr-8481	867	15	:	:	PUNCT
cblr-8481	867	16	an	an	DET
cblr-8481	867	17	essay	essay	NOUN
cblr-8481	867	18	on	on	ADP
cblr-8481	867	19	deterrence	deterrence	NOUN
cblr-8481	867	20	and	and	CCONJ
cblr-8481	867	21	its	its	PRON
cblr-8481	867	22	implementation	implementation	NOUN
cblr-8481	867	23	,	,	PUNCT
cblr-8481	867	24	106	106	NUM
cblr-8481	867	25	colum	colum	NOUN
cblr-8481	867	26	.	.	PUNCT
cblr-8481	868	1	l.	l.	PROPN
cblr-8481	868	2	rev	rev	PROPN
cblr-8481	868	3	.	.	PROPN
cblr-8481	868	4	1534	1534	NUM
cblr-8481	868	5	,	,	PUNCT
cblr-8481	868	6	1538	1538	NUM
cblr-8481	868	7	(	(	PUNCT
cblr-8481	868	8	2006	2006	NUM
cblr-8481	868	9	)	)	PUNCT
cblr-8481	868	10	(	(	PUNCT
cblr-8481	868	11	“	"	PUNCT
cblr-8481	868	12	from	from	ADP
cblr-8481	868	13	a	a	DET
cblr-8481	868	14	policy	policy	NOUN
cblr-8481	868	15	perspective	perspective	NOUN
cblr-8481	868	16	,	,	PUNCT
cblr-8481	868	17	the	the	DET
cblr-8481	868	18	securities	security	NOUN
cblr-8481	868	19	class	class	NOUN
cblr-8481	868	20	action	action	NOUN
cblr-8481	868	21	has	have	VERB
cblr-8481	868	22	two	two	NUM
cblr-8481	868	23	potential	potential	ADJ
cblr-8481	868	24	rationales	rationale	NOUN
cblr-8481	868	25	:	:	PUNCT
cblr-8481	868	26	compensation	compensation	NOUN
cblr-8481	868	27	and	and	CCONJ
cblr-8481	868	28	deterrence	deterrence	NOUN
cblr-8481	868	29	.	.	PUNCT
cblr-8481	868	30	”	"	PUNCT
cblr-8481	868	31	)	)	PUNCT
cblr-8481	868	32	.	.	PUNCT
cblr-8481	869	1	192	192	NUM
cblr-8481	869	2	for	for	ADP
cblr-8481	869	3	example	example	NOUN
cblr-8481	869	4	,	,	PUNCT
cblr-8481	869	5	professor	professor	PROPN
cblr-8481	869	6	john	john	PROPN
cblr-8481	869	7	coffee	coffee	PROPN
cblr-8481	869	8	has	have	AUX
cblr-8481	869	9	noted	note	VERB
cblr-8481	869	10	that	that	SCONJ
cblr-8481	869	11	“	"	PUNCT
cblr-8481	869	12	[	[	X
cblr-8481	869	13	s]ettlements	s]ettlement	NOUN
cblr-8481	869	14	recover	recover	VERB
cblr-8481	869	15	only	only	ADV
cblr-8481	869	16	a	a	DET
cblr-8481	869	17	very	very	ADV
cblr-8481	869	18	small	small	ADJ
cblr-8481	869	19	share	share	NOUN
cblr-8481	869	20	of	of	ADP
cblr-8481	869	21	investor	investor	NOUN
cblr-8481	869	22	losses	loss	NOUN
cblr-8481	869	23	.	.	PUNCT
cblr-8481	870	1	nera	nera	NOUN
cblr-8481	870	2	economic	economic	ADJ
cblr-8481	870	3	consulting	consulting	NOUN
cblr-8481	870	4	annually	annually	ADV
cblr-8481	870	5	prepares	prepare	VERB
cblr-8481	870	6	a	a	DET
cblr-8481	870	7	table	table	NOUN
cblr-8481	870	8	showing	show	VERB
cblr-8481	870	9	the	the	DET
cblr-8481	870	10	ratio	ratio	NOUN
cblr-8481	870	11	of	of	ADP
cblr-8481	870	12	settlements	settlement	NOUN
cblr-8481	870	13	to	to	ADP
cblr-8481	870	14	investor	investor	NOUN
cblr-8481	870	15	losses	loss	NOUN
cblr-8481	870	16	,	,	PUNCT
cblr-8481	870	17	and	and	CCONJ
cblr-8481	870	18	between	between	ADP
cblr-8481	870	19	1991	1991	NUM
cblr-8481	870	20	and	and	CCONJ
cblr-8481	870	21	2004	2004	NUM
cblr-8481	870	22	,	,	PUNCT
cblr-8481	870	23	this	this	DET
cblr-8481	870	24	ratio	ratio	NOUN
cblr-8481	870	25	has	have	AUX
cblr-8481	870	26	never	never	ADV
cblr-8481	870	27	exceeded	exceed	VERB
cblr-8481	870	28	7.2	7.2	NUM
cblr-8481	870	29	%	%	NOUN
cblr-8481	870	30	(	(	PUNCT
cblr-8481	870	31	which	which	PRON
cblr-8481	870	32	it	it	PRON
cblr-8481	870	33	hit	hit	VERB
cblr-8481	870	34	in	in	ADP
cblr-8481	870	35	1996	1996	NUM
cblr-8481	870	36	)	)	PUNCT
cblr-8481	870	37	.	.	PUNCT
cblr-8481	870	38	”	"	PUNCT
cblr-8481	871	1	i	i	PRON
cblr-8481	871	2	d.	d.	PROPN
cblr-8481	871	3	at	at	ADP
cblr-8481	871	4	1545	1545	NUM
cblr-8481	871	5	(	(	PUNCT
cblr-8481	871	6	citing	cite	VERB
cblr-8481	871	7	elaine	elaine	PROPN
cblr-8481	871	8	buckberg	buckberg	PROPN
cblr-8481	871	9	,	,	PUNCT
cblr-8481	871	10	todd	todd	PROPN
cblr-8481	871	11	foster	foster	PROPN
cblr-8481	871	12	&	&	CCONJ
cblr-8481	871	13	ronald	ronald	PROPN
cblr-8481	871	14	i.	i.	PROPN
cblr-8481	871	15	miller	miller	PROPN
cblr-8481	871	16	,	,	PUNCT
cblr-8481	871	17	recent	recent	ADJ
cblr-8481	871	18	trends	trend	NOUN
cblr-8481	871	19	in	in	ADP
cblr-8481	871	20	shareholder	shareholder	NOUN
cblr-8481	871	21	class	class	NOUN
cblr-8481	871	22	action	action	NOUN
cblr-8481	871	23	litigation	litigation	NOUN
cblr-8481	871	24	:	:	PUNCT
cblr-8481	871	25	are	be	AUX
cblr-8481	871	26	worldcom	worldcom	PROPN
cblr-8481	871	27	and	and	CCONJ
cblr-8481	871	28	enron	enron	PROPN
cblr-8481	871	29	the	the	DET
cblr-8481	871	30	new	new	ADJ
cblr-8481	871	31	standard	standard	NOUN
cblr-8481	871	32	?	?	PUNCT
cblr-8481	872	1	6	6	NUM
cblr-8481	872	2	tbl.investor	tbl.investor	NOUN
cblr-8481	872	3	losses	loss	NOUN
cblr-8481	872	4	have	have	AUX
cblr-8481	872	5	risen	rise	VERB
cblr-8481	872	6	more	more	ADV
cblr-8481	872	7	rapidly	rapidly	ADV
cblr-8481	872	8	than	than	ADP
cblr-8481	872	9	settlements	settlement	NOUN
cblr-8481	872	10	(	(	PUNCT
cblr-8481	872	11	2005	2005	NUM
cblr-8481	872	12	)	)	PUNCT
cblr-8481	872	13	,	,	PUNCT
cblr-8481	872	14	https://www.nera.com/content/dam/nera/publications/archive1/recent_tre	https://www.nera.com/content/dam/nera/publications/archive1/recent_tre	PROPN
cblr-8481	872	15	nds_07.2005.pdf	nds_07.2005.pdf	PROPN
cblr-8481	873	1	[	[	X
cblr-8481	873	2	https://perma.cc/2e2w-x46p	https://perma.cc/2e2w-x46p	X
cblr-8481	873	3	]	]	PUNCT
cblr-8481	873	4	)	)	PUNCT
cblr-8481	873	5	.	.	PUNCT
cblr-8481	874	1	193	193	NUM
cblr-8481	874	2	rose	rise	VERB
cblr-8481	874	3	,	,	PUNCT
cblr-8481	874	4	supra	supra	PROPN
cblr-8481	874	5	note	note	PROPN
cblr-8481	874	6	145	145	NUM
cblr-8481	874	7	,	,	PUNCT
cblr-8481	874	8	at	at	ADP
cblr-8481	874	9	1331–32	1331–32	NUM
cblr-8481	874	10	.	.	PUNCT
cblr-8481	875	1	194	194	NUM
cblr-8481	876	1	i	i	PRON
cblr-8481	876	2	d.	d.	PROPN
cblr-8481	876	3	(	(	PUNCT
cblr-8481	876	4	footnote	footnote	VERB
cblr-8481	876	5	omitted	omit	VERB
cblr-8481	876	6	)	)	PUNCT
cblr-8481	876	7	.	.	PUNCT
cblr-8481	877	1	note	note	VERB
cblr-8481	877	2	lieberman	lieberman	PROPN
cblr-8481	878	1	6/13/2021	6/13/2021	NUM
cblr-8481	878	2	8:45	8:45	NUM
cblr-8481	878	3	pm	pm	NOUN
cblr-8481	878	4	400	400	NUM
cblr-8481	878	5	columbia	columbia	PROPN
cblr-8481	878	6	business	business	NOUN
cblr-8481	878	7	law	law	PROPN
cblr-8481	878	8	review	review	NOUN
cblr-8481	878	9	[	[	X
cblr-8481	878	10	vol	vol	NOUN
cblr-8481	878	11	.	.	PUNCT
cblr-8481	878	12	2021	2021	NUM
cblr-8481	878	13	best	good	ADJ
cblr-8481	878	14	of	of	ADP
cblr-8481	878	15	intentions	intention	NOUN
cblr-8481	878	16	.	.	PUNCT
cblr-8481	878	17	”195	”195	PROPN
cblr-8481	878	18	private	private	ADJ
cblr-8481	878	19	securities	security	NOUN
cblr-8481	878	20	litigation	litigation	NOUN
cblr-8481	878	21	presents	present	VERB
cblr-8481	878	22	special	special	ADJ
cblr-8481	878	23	concerns	concern	NOUN
cblr-8481	878	24	:	:	PUNCT
cblr-8481	878	25	“	"	PUNCT
cblr-8481	878	26	whereas	whereas	SCONJ
cblr-8481	878	27	the	the	DET
cblr-8481	878	28	commission	commission	NOUN
cblr-8481	878	29	might	might	AUX
cblr-8481	878	30	exercise	exercise	VERB
cblr-8481	878	31	its	its	PRON
cblr-8481	878	32	discretion	discretion	NOUN
cblr-8481	878	33	and	and	CCONJ
cblr-8481	878	34	choose	choose	VERB
cblr-8481	878	35	not	not	PART
cblr-8481	878	36	to	to	PART
cblr-8481	878	37	sanction	sanction	VERB
cblr-8481	878	38	a	a	DET
cblr-8481	878	39	corporation	corporation	NOUN
cblr-8481	878	40	for	for	ADP
cblr-8481	878	41	its	its	PRON
cblr-8481	878	42	agent	agent	NOUN
cblr-8481	878	43	’s	’s	PART
cblr-8481	878	44	violation	violation	NOUN
cblr-8481	878	45	when	when	SCONJ
cblr-8481	878	46	it	it	PRON
cblr-8481	878	47	has	have	AUX
cblr-8481	878	48	taken	take	VERB
cblr-8481	878	49	appropriate	appropriate	ADJ
cblr-8481	878	50	care	care	NOUN
cblr-8481	878	51	,	,	PUNCT
cblr-8481	878	52	or	or	CCONJ
cblr-8481	878	53	when	when	SCONJ
cblr-8481	878	54	the	the	DET
cblr-8481	878	55	challenged	challenge	VERB
cblr-8481	878	56	disclosure	disclosure	NOUN
cblr-8481	878	57	or	or	CCONJ
cblr-8481	878	58	omission	omission	NOUN
cblr-8481	878	59	presents	present	VERB
cblr-8481	878	60	a	a	DET
cblr-8481	878	61	close	close	ADJ
cblr-8481	878	62	question	question	NOUN
cblr-8481	878	63	on	on	ADP
cblr-8481	878	64	liability	liability	NOUN
cblr-8481	878	65	,	,	PUNCT
cblr-8481	878	66	private	private	ADJ
cblr-8481	878	67	enforcers	enforcer	NOUN
cblr-8481	878	68	lack	lack	VERB
cblr-8481	878	69	the	the	DET
cblr-8481	878	70	incentive	incentive	NOUN
cblr-8481	878	71	to	to	PART
cblr-8481	878	72	exercise	exercise	VERB
cblr-8481	878	73	similar	similar	ADJ
cblr-8481	878	74	restraint	restraint	NOUN
cblr-8481	878	75	.	.	PUNCT
cblr-8481	878	76	”196	”196	NOUN
cblr-8481	879	1	this	this	DET
cblr-8481	879	2	lack	lack	NOUN
cblr-8481	879	3	of	of	ADP
cblr-8481	879	4	restraint	restraint	NOUN
cblr-8481	879	5	stems	stem	VERB
cblr-8481	879	6	from	from	ADP
cblr-8481	879	7	the	the	DET
cblr-8481	879	8	fact	fact	NOUN
cblr-8481	879	9	that	that	SCONJ
cblr-8481	879	10	the	the	DET
cblr-8481	879	11	plaintiffs	plaintiff	NOUN
cblr-8481	879	12	’	’	PART
cblr-8481	879	13	securities	security	NOUN
cblr-8481	879	14	bar	bar	NOUN
cblr-8481	879	15	is	be	AUX
cblr-8481	879	16	enticed	entice	VERB
cblr-8481	879	17	to	to	PART
cblr-8481	879	18	bring	bring	VERB
cblr-8481	879	19	suit	suit	NOUN
cblr-8481	879	20	by	by	ADP
cblr-8481	879	21	the	the	DET
cblr-8481	879	22	prospect	prospect	NOUN
cblr-8481	879	23	of	of	ADP
cblr-8481	879	24	financial	financial	ADJ
cblr-8481	879	25	reward	reward	NOUN
cblr-8481	879	26	—	—	PUNCT
cblr-8481	879	27	an	an	DET
cblr-8481	879	28	intuitive	intuitive	ADJ
cblr-8481	879	29	observation	observation	NOUN
cblr-8481	879	30	that	that	PRON
cblr-8481	879	31	is	be	AUX
cblr-8481	879	32	bolstered	bolster	VERB
cblr-8481	879	33	by	by	ADP
cblr-8481	879	34	evidence	evidence	NOUN
cblr-8481	879	35	showing	show	VERB
cblr-8481	879	36	a	a	DET
cblr-8481	879	37	correlation	correlation	NOUN
cblr-8481	879	38	between	between	ADP
cblr-8481	879	39	an	an	DET
cblr-8481	879	40	issuer	issuer	NOUN
cblr-8481	879	41	’s	’s	PART
cblr-8481	879	42	market	market	NOUN
cblr-8481	879	43	capitalization	capitalization	NOUN
cblr-8481	879	44	(	(	PUNCT
cblr-8481	879	45	which	which	PRON
cblr-8481	879	46	is	be	AUX
cblr-8481	879	47	related	relate	VERB
cblr-8481	879	48	to	to	ADP
cblr-8481	879	49	the	the	DET
cblr-8481	879	50	size	size	NOUN
cblr-8481	879	51	of	of	ADP
cblr-8481	879	52	the	the	DET
cblr-8481	879	53	potential	potential	ADJ
cblr-8481	879	54	damage	damage	NOUN
cblr-8481	879	55	award	award	NOUN
cblr-8481	879	56	and	and	CCONJ
cblr-8481	879	57	,	,	PUNCT
cblr-8481	879	58	in	in	ADP
cblr-8481	879	59	turn	turn	NOUN
cblr-8481	879	60	,	,	PUNCT
cblr-8481	879	61	the	the	DET
cblr-8481	879	62	potential	potential	ADJ
cblr-8481	879	63	contingency	contingency	NOUN
cblr-8481	879	64	fee	fee	NOUN
cblr-8481	879	65	)	)	PUNCT
cblr-8481	879	66	and	and	CCONJ
cblr-8481	879	67	the	the	DET
cblr-8481	879	68	likelihood	likelihood	NOUN
cblr-8481	879	69	of	of	ADP
cblr-8481	879	70	being	be	AUX
cblr-8481	879	71	sued	sue	VERB
cblr-8481	879	72	in	in	ADP
cblr-8481	879	73	a	a	DET
cblr-8481	879	74	rule	rule	NOUN
cblr-8481	879	75	10b-5	10b-5	NUM
cblr-8481	879	76	class	class	NOUN
cblr-8481	879	77	action.197	action.197	NOUN
cblr-8481	879	78	rose	rise	VERB
cblr-8481	879	79	’s	’s	PART
cblr-8481	879	80	concerns	concern	NOUN
cblr-8481	879	81	speak	speak	VERB
cblr-8481	879	82	to	to	ADP
cblr-8481	879	83	one	one	NUM
cblr-8481	879	84	of	of	ADP
cblr-8481	879	85	the	the	DET
cblr-8481	879	86	most	most	ADV
cblr-8481	879	87	prominent	prominent	ADJ
cblr-8481	879	88	objections	objection	NOUN
cblr-8481	879	89	to	to	ADP
cblr-8481	879	90	an	an	DET
cblr-8481	879	91	expanded	expand	VERB
cblr-8481	879	92	private	private	ADJ
cblr-8481	879	93	right	right	NOUN
cblr-8481	879	94	of	of	ADP
cblr-8481	879	95	action	action	NOUN
cblr-8481	879	96	,	,	PUNCT
cblr-8481	879	97	namely	namely	ADV
cblr-8481	879	98	the	the	DET
cblr-8481	879	99	possibility	possibility	NOUN
cblr-8481	879	100	that	that	SCONJ
cblr-8481	879	101	the	the	DET
cblr-8481	879	102	profit	profit	NOUN
cblr-8481	879	103	motive	motive	NOUN
cblr-8481	879	104	of	of	ADP
cblr-8481	879	105	the	the	DET
cblr-8481	879	106	plaintiffs	plaintiff	NOUN
cblr-8481	879	107	’	'	PUNCT
cblr-8481	879	108	bar	bar	NOUN
cblr-8481	879	109	leads	lead	VERB
cblr-8481	879	110	to	to	ADP
cblr-8481	879	111	frivolous	frivolous	ADJ
cblr-8481	879	112	suits	suit	NOUN
cblr-8481	879	113	that	that	PRON
cblr-8481	879	114	fail	fail	VERB
cblr-8481	879	115	to	to	PART
cblr-8481	879	116	genuinely	genuinely	ADV
cblr-8481	879	117	deter	deter	VERB
cblr-8481	879	118	fraud.198	fraud.198	ADV
cblr-8481	879	119	this	this	DET
cblr-8481	879	120	problem	problem	NOUN
cblr-8481	879	121	is	be	AUX
cblr-8481	879	122	exacerbated	exacerbate	VERB
cblr-8481	879	123	by	by	ADP
cblr-8481	879	124	the	the	DET
cblr-8481	879	125	fact	fact	NOUN
cblr-8481	879	126	that	that	SCONJ
cblr-8481	879	127	the	the	DET
cblr-8481	879	128	“	"	PUNCT
cblr-8481	879	129	prototypical	prototypical	ADJ
cblr-8481	879	130	rule	rule	NOUN
cblr-8481	879	131	10b-5	10b-5	NUM
cblr-8481	879	132	case	case	NOUN
cblr-8481	879	133	became	become	VERB
cblr-8481	879	134	a	a	DET
cblr-8481	879	135	class	class	NOUN
cblr-8481	879	136	action	action	NOUN
cblr-8481	879	137	brought	bring	VERB
cblr-8481	879	138	on	on	ADP
cblr-8481	879	139	behalf	behalf	NOUN
cblr-8481	879	140	of	of	ADP
cblr-8481	879	141	thousands	thousand	NOUN
cblr-8481	879	142	of	of	ADP
cblr-8481	879	143	investors	investor	NOUN
cblr-8481	879	144	”	"	PUNCT
cblr-8481	879	145	in	in	ADP
cblr-8481	879	146	the	the	DET
cblr-8481	879	147	wake	wake	NOUN
cblr-8481	879	148	of	of	ADP
cblr-8481	879	149	the	the	DET
cblr-8481	879	150	supreme	supreme	PROPN
cblr-8481	879	151	court	court	PROPN
cblr-8481	879	152	’s	’s	PART
cblr-8481	879	153	approval	approval	NOUN
cblr-8481	879	154	of	of	ADP
cblr-8481	879	155	presumed	presume	VERB
cblr-8481	879	156	reliance	reliance	NOUN
cblr-8481	879	157	in	in	ADP
cblr-8481	879	158	basic.199	basic.199	NOUN
cblr-8481	879	159	these	these	DET
cblr-8481	879	160	class	class	NOUN
cblr-8481	879	161	action	action	NOUN
cblr-8481	879	162	suits	suit	NOUN
cblr-8481	879	163	were	be	AUX
cblr-8481	879	164	“	"	PUNCT
cblr-8481	879	165	based	base	VERB
cblr-8481	879	166	on	on	ADP
cblr-8481	879	167	misstatements	misstatement	NOUN
cblr-8481	879	168	or	or	CCONJ
cblr-8481	879	169	omissions	omission	NOUN
cblr-8481	879	170	made	make	VERB
cblr-8481	879	171	in	in	ADP
cblr-8481	879	172	public	public	ADJ
cblr-8481	879	173	disclosure	disclosure	NOUN
cblr-8481	879	174	documents	document	NOUN
cblr-8481	879	175	that	that	PRON
cblr-8481	879	176	most	most	ADJ
cblr-8481	879	177	class	class	NOUN
cblr-8481	879	178	members	member	NOUN
cblr-8481	879	179	never	never	ADV
cblr-8481	879	180	read	read	VERB
cblr-8481	879	181	,	,	PUNCT
cblr-8481	879	182	against	against	ADP
cblr-8481	879	183	a	a	DET
cblr-8481	879	184	deep	deep	ADV
cblr-8481	879	185	-	-	PUNCT
cblr-8481	879	186	pocketed	pocket	VERB
cblr-8481	879	187	corporate	corporate	ADJ
cblr-8481	879	188	defendant	defendant	NOUN
cblr-8481	879	189	that	that	PRON
cblr-8481	879	190	did	do	VERB
cblr-8481	879	191	195	195	NUM
cblr-8481	879	192	i	i	PROPN
cblr-8481	879	193	d.	d.	PROPN
cblr-8481	879	194	at	at	ADP
cblr-8481	879	195	1333	1333	NUM
cblr-8481	879	196	(	(	PUNCT
cblr-8481	879	197	citing	cite	VERB
cblr-8481	879	198	a.c	a.c	PROPN
cblr-8481	879	199	.	.	PROPN
cblr-8481	879	200	pritchard	pritchard	PROPN
cblr-8481	879	201	,	,	PUNCT
cblr-8481	879	202	markets	market	NOUN
cblr-8481	879	203	as	as	ADP
cblr-8481	879	204	monitors	monitor	NOUN
cblr-8481	879	205	:	:	PUNCT
cblr-8481	879	206	a	a	DET
cblr-8481	879	207	proposal	proposal	NOUN
cblr-8481	879	208	to	to	PART
cblr-8481	879	209	replace	replace	VERB
cblr-8481	879	210	class	class	NOUN
cblr-8481	879	211	actions	action	NOUN
cblr-8481	879	212	with	with	ADP
cblr-8481	879	213	exchanges	exchange	NOUN
cblr-8481	879	214	as	as	ADP
cblr-8481	879	215	securities	security	NOUN
cblr-8481	879	216	fraud	fraud	NOUN
cblr-8481	879	217	enforcers	enforcer	NOUN
cblr-8481	879	218	,	,	PUNCT
cblr-8481	879	219	85	85	NUM
cblr-8481	879	220	va	va	NOUN
cblr-8481	879	221	.	.	PUNCT
cblr-8481	880	1	l.	l.	PROPN
cblr-8481	880	2	rev	rev	PROPN
cblr-8481	880	3	.	.	PROPN
cblr-8481	880	4	925	925	NUM
cblr-8481	880	5	,	,	PUNCT
cblr-8481	880	6	937–37	937–37	NOUN
cblr-8481	880	7	(	(	PUNCT
cblr-8481	880	8	1999	1999	NUM
cblr-8481	880	9	)	)	PUNCT
cblr-8481	880	10	)	)	PUNCT
cblr-8481	880	11	.	.	PUNCT
cblr-8481	881	1	rose	rise	VERB
cblr-8481	881	2	specifically	specifically	ADV
cblr-8481	881	3	notes	note	VERB
cblr-8481	881	4	that	that	SCONJ
cblr-8481	881	5	the	the	DET
cblr-8481	881	6	“	"	PUNCT
cblr-8481	881	7	threat	threat	NOUN
cblr-8481	881	8	of	of	ADP
cblr-8481	881	9	liability	liability	NOUN
cblr-8481	881	10	may	may	AUX
cblr-8481	881	11	cause	cause	VERB
cblr-8481	881	12	[	[	PUNCT
cblr-8481	881	13	corporate	corporate	ADJ
cblr-8481	881	14	officers	officer	NOUN
cblr-8481	881	15	]	]	PUNCT
cblr-8481	881	16	to	to	PART
cblr-8481	881	17	omit	omit	VERB
cblr-8481	881	18	to	to	PART
cblr-8481	881	19	disclose	disclose	VERB
cblr-8481	881	20	information	information	NOUN
cblr-8481	881	21	that	that	PRON
cblr-8481	881	22	would	would	AUX
cblr-8481	881	23	benefit	benefit	VERB
cblr-8481	881	24	society	society	NOUN
cblr-8481	881	25	(	(	PUNCT
cblr-8481	881	26	for	for	ADP
cblr-8481	881	27	fear	fear	NOUN
cblr-8481	881	28	that	that	SCONJ
cblr-8481	881	29	its	its	PRON
cblr-8481	881	30	disclosure	disclosure	NOUN
cblr-8481	881	31	will	will	AUX
cblr-8481	881	32	be	be	AUX
cblr-8481	881	33	deemed	deem	VERB
cblr-8481	881	34	materially	materially	ADV
cblr-8481	881	35	misleading	misleading	ADJ
cblr-8481	881	36	)	)	PUNCT
cblr-8481	881	37	,	,	PUNCT
cblr-8481	881	38	or	or	CCONJ
cblr-8481	881	39	to	to	PART
cblr-8481	881	40	disclose	disclose	VERB
cblr-8481	881	41	information	information	NOUN
cblr-8481	881	42	that	that	PRON
cblr-8481	881	43	costs	cost	VERB
cblr-8481	881	44	more	more	ADJ
cblr-8481	881	45	to	to	PART
cblr-8481	881	46	produce	produce	VERB
cblr-8481	881	47	than	than	SCONJ
cblr-8481	881	48	it	it	PRON
cblr-8481	881	49	is	be	AUX
cblr-8481	881	50	worth	worth	ADJ
cblr-8481	881	51	(	(	PUNCT
cblr-8481	881	52	for	for	ADP
cblr-8481	881	53	fear	fear	NOUN
cblr-8481	881	54	that	that	SCONJ
cblr-8481	881	55	its	its	PRON
cblr-8481	881	56	omission	omission	NOUN
cblr-8481	881	57	will	will	AUX
cblr-8481	881	58	be	be	AUX
cblr-8481	881	59	deemed	deem	VERB
cblr-8481	881	60	materially	materially	ADV
cblr-8481	881	61	misleading	misleading	ADJ
cblr-8481	881	62	)	)	PUNCT
cblr-8481	881	63	.	.	PUNCT
cblr-8481	881	64	”	"	PUNCT
cblr-8481	882	1	i	i	PRON
cblr-8481	882	2	d.	d.	PROPN
cblr-8481	882	3	196	196	NUM
cblr-8481	883	1	i	i	PRON
cblr-8481	883	2	d.	d.	PROPN
cblr-8481	883	3	at	at	ADP
cblr-8481	883	4	1334	1334	NUM
cblr-8481	883	5	.	.	PUNCT
cblr-8481	884	1	197	197	NUM
cblr-8481	885	1	i	i	PRON
cblr-8481	885	2	d.	d.	PROPN
cblr-8481	885	3	at	at	ADP
cblr-8481	885	4	1304	1304	NUM
cblr-8481	885	5	.	.	PUNCT
cblr-8481	886	1	198	198	NUM
cblr-8481	886	2	see	see	VERB
cblr-8481	886	3	supra	supra	PROPN
cblr-8481	886	4	section	section	NOUN
cblr-8481	886	5	ii.b	ii.b	NOUN
cblr-8481	886	6	(	(	PUNCT
cblr-8481	886	7	discussing	discuss	VERB
cblr-8481	886	8	limits	limit	NOUN
cblr-8481	886	9	imposed	impose	VERB
cblr-8481	886	10	on	on	ADP
cblr-8481	886	11	the	the	DET
cblr-8481	886	12	private	private	ADJ
cblr-8481	886	13	right	right	NOUN
cblr-8481	886	14	of	of	ADP
cblr-8481	886	15	action	action	NOUN
cblr-8481	886	16	aimed	aim	VERB
cblr-8481	886	17	at	at	ADP
cblr-8481	886	18	reducing	reduce	VERB
cblr-8481	886	19	frivolous	frivolous	ADJ
cblr-8481	886	20	suits	suit	NOUN
cblr-8481	886	21	)	)	PUNCT
cblr-8481	886	22	.	.	PUNCT
cblr-8481	887	1	199	199	NUM
cblr-8481	887	2	rose	rise	VERB
cblr-8481	887	3	,	,	PUNCT
cblr-8481	887	4	supra	supra	PROPN
cblr-8481	887	5	note	note	PROPN
cblr-8481	887	6	145	145	NUM
cblr-8481	887	7	,	,	PUNCT
cblr-8481	887	8	at	at	ADP
cblr-8481	887	9	1312	1312	NUM
cblr-8481	887	10	.	.	PUNCT
cblr-8481	888	1	for	for	ADP
cblr-8481	888	2	a	a	DET
cblr-8481	888	3	brief	brief	ADJ
cblr-8481	888	4	discussion	discussion	NOUN
cblr-8481	888	5	of	of	ADP
cblr-8481	888	6	basic	basic	ADJ
cblr-8481	888	7	,	,	PUNCT
cblr-8481	888	8	see	see	VERB
cblr-8481	888	9	supra	supra	PROPN
cblr-8481	888	10	note	note	PROPN
cblr-8481	888	11	38	38	NUM
cblr-8481	888	12	.	.	PUNCT
cblr-8481	889	1	note	note	NOUN
cblr-8481	889	2	–	–	PUNCT
cblr-8481	889	3	lieberman	lieberman	PROPN
cblr-8481	890	1	6/13/2021	6/13/2021	NUM
cblr-8481	890	2	8:45	8:45	NUM
cblr-8481	890	3	pm	pm	NOUN
cblr-8481	890	4	no	no	INTJ
cblr-8481	890	5	.	.	PUNCT
cblr-8481	891	1	1:352	1:352	NUM
cblr-8481	891	2	]	]	X
cblr-8481	891	3	lorenzo	lorenzo	PROPN
cblr-8481	891	4	v.	v.	ADP
cblr-8481	891	5	sec	sec	PROPN
cblr-8481	891	6	and	and	CCONJ
cblr-8481	891	7	the	the	DET
cblr-8481	891	8	expansion	expansion	NOUN
cblr-8481	891	9	of	of	ADP
cblr-8481	891	10	scheme	scheme	NOUN
cblr-8481	891	11	liability	liability	NOUN
cblr-8481	891	12	401	401	NUM
cblr-8481	891	13	not	not	PART
cblr-8481	891	14	itself	itself	PRON
cblr-8481	891	15	profit	profit	NOUN
cblr-8481	891	16	from	from	ADP
cblr-8481	891	17	the	the	DET
cblr-8481	891	18	fraud”200	fraud”200	NOUN
cblr-8481	891	19	rather	rather	ADV
cblr-8481	891	20	than	than	ADP
cblr-8481	891	21	genuinely	genuinely	ADV
cblr-8481	891	22	punishing	punish	VERB
cblr-8481	891	23	or	or	CCONJ
cblr-8481	891	24	deterring	deter	VERB
cblr-8481	891	25	the	the	DET
cblr-8481	891	26	people	people	NOUN
cblr-8481	891	27	and	and	CCONJ
cblr-8481	891	28	entities	entity	NOUN
cblr-8481	891	29	who	who	PRON
cblr-8481	891	30	profited	profit	VERB
cblr-8481	891	31	off	off	ADP
cblr-8481	891	32	of	of	ADP
cblr-8481	891	33	the	the	DET
cblr-8481	891	34	plaintiffs	plaintiff	NOUN
cblr-8481	891	35	’	'	PUNCT
cblr-8481	891	36	misfortune	misfortune	NOUN
cblr-8481	891	37	.	.	PUNCT
cblr-8481	892	1	given	give	VERB
cblr-8481	892	2	the	the	DET
cblr-8481	892	3	supreme	supreme	PROPN
cblr-8481	892	4	court	court	PROPN
cblr-8481	892	5	’s	’s	PART
cblr-8481	892	6	concerns	concern	NOUN
cblr-8481	892	7	about	about	ADP
cblr-8481	892	8	private	private	ADJ
cblr-8481	892	9	litigation	litigation	NOUN
cblr-8481	892	10	expressed	express	VERB
cblr-8481	892	11	in	in	ADP
cblr-8481	892	12	central	central	ADJ
cblr-8481	892	13	bank	bank	NOUN
cblr-8481	892	14	and	and	CCONJ
cblr-8481	892	15	janus,201	janus,201	ADP
cblr-8481	892	16	any	any	DET
cblr-8481	892	17	expansion	expansion	NOUN
cblr-8481	892	18	of	of	ADP
cblr-8481	892	19	the	the	DET
cblr-8481	892	20	private	private	ADJ
cblr-8481	892	21	right	right	NOUN
cblr-8481	892	22	of	of	ADP
cblr-8481	892	23	action	action	NOUN
cblr-8481	892	24	must	must	AUX
cblr-8481	892	25	ensure	ensure	VERB
cblr-8481	892	26	that	that	SCONJ
cblr-8481	892	27	guardrails	guardrail	NOUN
cblr-8481	892	28	against	against	ADP
cblr-8481	892	29	a	a	DET
cblr-8481	892	30	flood	flood	NOUN
cblr-8481	892	31	of	of	ADP
cblr-8481	892	32	litigation	litigation	NOUN
cblr-8481	892	33	remain	remain	VERB
cblr-8481	892	34	in	in	ADP
cblr-8481	892	35	place	place	NOUN
cblr-8481	892	36	.	.	PUNCT
cblr-8481	893	1	another	another	DET
cblr-8481	893	2	set	set	NOUN
cblr-8481	893	3	of	of	ADP
cblr-8481	893	4	critiques	critique	NOUN
cblr-8481	893	5	of	of	ADP
cblr-8481	893	6	the	the	DET
cblr-8481	893	7	private	private	ADJ
cblr-8481	893	8	right	right	NOUN
cblr-8481	893	9	of	of	ADP
cblr-8481	893	10	action	action	NOUN
cblr-8481	893	11	emphasizes	emphasize	VERB
cblr-8481	893	12	“	"	PUNCT
cblr-8481	893	13	the	the	DET
cblr-8481	893	14	critical	critical	ADJ
cblr-8481	893	15	question	question	NOUN
cblr-8481	894	1	[	[	X
cblr-8481	894	2	of	of	ADP
cblr-8481	894	3	]	]	PUNCT
cblr-8481	894	4	who	who	PRON
cblr-8481	894	5	gets	get	AUX
cblr-8481	894	6	sued	sue	VERB
cblr-8481	894	7	and	and	CCONJ
cblr-8481	894	8	who	who	PRON
cblr-8481	894	9	actually	actually	ADV
cblr-8481	894	10	bears	bear	VERB
cblr-8481	894	11	the	the	DET
cblr-8481	894	12	costs	cost	NOUN
cblr-8481	894	13	of	of	ADP
cblr-8481	894	14	a	a	DET
cblr-8481	894	15	securities	security	NOUN
cblr-8481	894	16	class	class	NOUN
cblr-8481	894	17	action	action	NOUN
cblr-8481	894	18	.	.	PUNCT
cblr-8481	895	1	”202	”202	NOUN
cblr-8481	895	2	in	in	ADP
cblr-8481	895	3	theory	theory	NOUN
cblr-8481	896	1	,	,	PUNCT
cblr-8481	896	2	“	"	PUNCT
cblr-8481	896	3	if	if	SCONJ
cblr-8481	896	4	insiders	insider	NOUN
cblr-8481	896	5	face	face	VERB
cblr-8481	896	6	an	an	DET
cblr-8481	896	7	expected	expect	VERB
cblr-8481	896	8	penalty	penalty	NOUN
cblr-8481	896	9	that	that	PRON
cblr-8481	896	10	exceeds	exceed	VERB
cblr-8481	896	11	their	their	PRON
cblr-8481	896	12	expected	expect	VERB
cblr-8481	896	13	gain	gain	NOUN
cblr-8481	896	14	,	,	PUNCT
cblr-8481	896	15	this	this	PRON
cblr-8481	896	16	should	should	AUX
cblr-8481	896	17	be	be	AUX
cblr-8481	896	18	sufficient	sufficient	ADJ
cblr-8481	896	19	to	to	PART
cblr-8481	896	20	remove	remove	VERB
cblr-8481	896	21	any	any	DET
cblr-8481	896	22	incentive	incentive	NOUN
cblr-8481	896	23	for	for	SCONJ
cblr-8481	896	24	them	they	PRON
cblr-8481	896	25	to	to	PART
cblr-8481	896	26	inflate	inflate	VERB
cblr-8481	896	27	the	the	DET
cblr-8481	896	28	corporation	corporation	NOUN
cblr-8481	896	29	’s	’s	PART
cblr-8481	896	30	stock	stock	NOUN
cblr-8481	896	31	price	price	NOUN
cblr-8481	896	32	.	.	PUNCT
cblr-8481	896	33	”203	”203	PUNCT
cblr-8481	897	1	in	in	ADP
cblr-8481	897	2	practice	practice	NOUN
cblr-8481	897	3	,	,	PUNCT
cblr-8481	897	4	however	however	ADV
cblr-8481	897	5	,	,	PUNCT
cblr-8481	897	6	the	the	DET
cblr-8481	897	7	most	most	ADV
cblr-8481	897	8	culpable	culpable	ADJ
cblr-8481	897	9	actors	actor	NOUN
cblr-8481	897	10	are	be	AUX
cblr-8481	897	11	often	often	ADV
cblr-8481	897	12	not	not	PART
cblr-8481	897	13	the	the	DET
cblr-8481	897	14	ones	one	NOUN
cblr-8481	897	15	paying	pay	VERB
cblr-8481	897	16	the	the	DET
cblr-8481	897	17	penalties	penalty	NOUN
cblr-8481	897	18	or	or	CCONJ
cblr-8481	897	19	the	the	DET
cblr-8481	897	20	costs	cost	NOUN
cblr-8481	897	21	of	of	ADP
cblr-8481	897	22	litigation	litigation	NOUN
cblr-8481	897	23	.	.	PUNCT
cblr-8481	898	1	as	as	SCONJ
cblr-8481	898	2	professor	professor	PROPN
cblr-8481	898	3	john	john	PROPN
cblr-8481	898	4	coffee	coffee	PROPN
cblr-8481	898	5	has	have	AUX
cblr-8481	898	6	noted	note	VERB
cblr-8481	898	7	,	,	PUNCT
cblr-8481	898	8	“	"	PUNCT
cblr-8481	898	9	the	the	DET
cblr-8481	898	10	costs	cost	NOUN
cblr-8481	898	11	of	of	ADP
cblr-8481	898	12	such	such	ADJ
cblr-8481	898	13	litigation	litigation	NOUN
cblr-8481	898	14	fall	fall	VERB
cblr-8481	898	15	on	on	ADP
cblr-8481	898	16	innocent	innocent	ADJ
cblr-8481	898	17	shareholders	shareholder	NOUN
cblr-8481	898	18	,	,	PUNCT
cblr-8481	898	19	not	not	PART
cblr-8481	898	20	the	the	DET
cblr-8481	898	21	responsible	responsible	ADJ
cblr-8481	898	22	parties,”204	parties,”204	NOUN
cblr-8481	898	23	and	and	CCONJ
cblr-8481	898	24	the	the	DET
cblr-8481	898	25	“	"	PUNCT
cblr-8481	898	26	full	full	ADJ
cblr-8481	898	27	costs	cost	NOUN
cblr-8481	898	28	that	that	PRON
cblr-8481	898	29	investors	investor	NOUN
cblr-8481	898	30	bear	bear	VERB
cblr-8481	898	31	.	.	PUNCT
cblr-8481	898	32	.	.	PUNCT
cblr-8481	898	33	.	.	PUNCT
cblr-8481	899	1	[	[	X
cblr-8481	899	2	include	include	VERB
cblr-8481	899	3	]	]	PUNCT
cblr-8481	899	4	plaintiffs	plaintiff	NOUN
cblr-8481	899	5	’	'	PUNCT
cblr-8481	899	6	attorneys	attorney	NOUN
cblr-8481	899	7	’	'	PUNCT
cblr-8481	899	8	fees	fee	NOUN
cblr-8481	899	9	and	and	CCONJ
cblr-8481	899	10	expenses	expense	NOUN
cblr-8481	899	11	,	,	PUNCT
cblr-8481	899	12	defense	defense	NOUN
cblr-8481	899	13	counsels	counsel	NOUN
cblr-8481	899	14	’	'	PUNCT
cblr-8481	899	15	fees	fee	NOUN
cblr-8481	899	16	and	and	CCONJ
cblr-8481	899	17	expenses	expense	NOUN
cblr-8481	899	18	,	,	PUNCT
cblr-8481	899	19	[	[	X
cblr-8481	899	20	and	and	CCONJ
cblr-8481	899	21	]	]	PUNCT
cblr-8481	899	22	directors	director	NOUN
cblr-8481	899	23	’	'	PUNCT
cblr-8481	899	24	and	and	CCONJ
cblr-8481	899	25	officers	officer	NOUN
cblr-8481	899	26	’	'	PUNCT
cblr-8481	899	27	(	(	PUNCT
cblr-8481	899	28	d&o	d&o	NOUN
cblr-8481	899	29	)	)	PUNCT
cblr-8481	899	30	insurance	insurance	NOUN
cblr-8481	899	31	premiums	premium	NOUN
cblr-8481	899	32	.	.	PUNCT
cblr-8481	899	33	”205	”205	PUNCT
cblr-8481	900	1	this	this	PRON
cblr-8481	900	2	leads	lead	VERB
cblr-8481	900	3	,	,	PUNCT
cblr-8481	900	4	in	in	ADP
cblr-8481	900	5	part	part	NOUN
cblr-8481	900	6	,	,	PUNCT
cblr-8481	900	7	to	to	ADP
cblr-8481	900	8	a	a	DET
cblr-8481	900	9	situation	situation	NOUN
cblr-8481	900	10	referred	refer	VERB
cblr-8481	900	11	to	to	ADP
cblr-8481	900	12	as	as	ADP
cblr-8481	900	13	“	"	PUNCT
cblr-8481	900	14	circularity	circularity	NOUN
cblr-8481	900	15	,	,	PUNCT
cblr-8481	900	16	”	"	PUNCT
cblr-8481	900	17	critics	critic	NOUN
cblr-8481	900	18	of	of	ADP
cblr-8481	900	19	which	which	PRON
cblr-8481	900	20	“	"	PUNCT
cblr-8481	900	21	hold	hold	VERB
cblr-8481	900	22	[	[	X
cblr-8481	900	23	]	]	X
cblr-8481	900	24	that	that	SCONJ
cblr-8481	900	25	shareholder	shareholder	NOUN
cblr-8481	900	26	class	class	NOUN
cblr-8481	900	27	actions	action	NOUN
cblr-8481	900	28	amount	amount	NOUN
cblr-8481	900	29	to	to	ADP
cblr-8481	900	30	‘	'	PUNCT
cblr-8481	900	31	shareholders	shareholder	NOUN
cblr-8481	900	32	suing	sue	VERB
cblr-8481	900	33	themselves’”206	themselves’”206	PROPN
cblr-8481	900	34	because	because	SCONJ
cblr-8481	900	35	“	"	PUNCT
cblr-8481	900	36	many	many	ADJ
cblr-8481	900	37	members	member	NOUN
cblr-8481	900	38	of	of	ADP
cblr-8481	900	39	the	the	DET
cblr-8481	900	40	plaintiff	plaintiff	NOUN
cblr-8481	900	41	class	class	NOUN
cblr-8481	900	42	will	will	AUX
cblr-8481	900	43	also	also	ADV
cblr-8481	900	44	be	be	AUX
cblr-8481	900	45	shareholders	shareholder	NOUN
cblr-8481	900	46	200	200	NUM
cblr-8481	900	47	rose	rise	VERB
cblr-8481	900	48	,	,	PUNCT
cblr-8481	900	49	supra	supra	PROPN
cblr-8481	900	50	note	note	PROPN
cblr-8481	900	51	145	145	NUM
cblr-8481	900	52	,	,	PUNCT
cblr-8481	900	53	at	at	ADP
cblr-8481	900	54	1312	1312	NUM
cblr-8481	900	55	.	.	PUNCT
cblr-8481	901	1	however	however	ADV
cblr-8481	901	2	,	,	PUNCT
cblr-8481	901	3	there	there	PRON
cblr-8481	901	4	are	be	VERB
cblr-8481	901	5	suggestions	suggestion	NOUN
cblr-8481	901	6	that	that	SCONJ
cblr-8481	901	7	the	the	DET
cblr-8481	901	8	fear	fear	NOUN
cblr-8481	901	9	of	of	ADP
cblr-8481	901	10	strike	strike	NOUN
cblr-8481	901	11	suits	suit	NOUN
cblr-8481	901	12	does	do	AUX
cblr-8481	901	13	not	not	PART
cblr-8481	901	14	bear	bear	VERB
cblr-8481	901	15	out	out	ADP
cblr-8481	901	16	in	in	ADP
cblr-8481	901	17	reality	reality	NOUN
cblr-8481	901	18	.	.	PUNCT
cblr-8481	902	1	for	for	ADP
cblr-8481	902	2	example	example	NOUN
cblr-8481	902	3	,	,	PUNCT
cblr-8481	902	4	professor	professor	PROPN
cblr-8481	902	5	john	john	PROPN
cblr-8481	902	6	coffee	coffee	PROPN
cblr-8481	902	7	has	have	AUX
cblr-8481	902	8	noted	note	VERB
cblr-8481	902	9	that	that	SCONJ
cblr-8481	902	10	“	"	PUNCT
cblr-8481	902	11	the	the	DET
cblr-8481	902	12	economic	economic	ADJ
cblr-8481	902	13	evidence	evidence	NOUN
cblr-8481	902	14	that	that	PRON
cblr-8481	902	15	strike	strike	NOUN
cblr-8481	902	16	suits	suit	NOUN
cblr-8481	902	17	predominate	predominate	VERB
cblr-8481	902	18	.	.	PUNCT
cblr-8481	902	19	.	.	PUNCT
cblr-8481	902	20	.	.	PUNCT
cblr-8481	903	1	seems	seem	VERB
cblr-8481	903	2	unpersuasive	unpersuasive	ADJ
cblr-8481	903	3	”	"	PUNCT
cblr-8481	903	4	and	and	CCONJ
cblr-8481	903	5	instead	instead	ADV
cblr-8481	903	6	attributes	attribute	VERB
cblr-8481	903	7	the	the	DET
cblr-8481	903	8	“	"	PUNCT
cblr-8481	903	9	positive	positive	ADJ
cblr-8481	903	10	stock	stock	NOUN
cblr-8481	903	11	price	price	NOUN
cblr-8481	903	12	reaction	reaction	NOUN
cblr-8481	903	13	to	to	ADP
cblr-8481	903	14	political	political	ADJ
cblr-8481	903	15	developments	development	NOUN
cblr-8481	903	16	seeking	seek	VERB
cblr-8481	903	17	to	to	PART
cblr-8481	903	18	curtail	curtail	VERB
cblr-8481	903	19	such	such	ADJ
cblr-8481	903	20	litigation	litigation	NOUN
cblr-8481	903	21	”	"	PUNCT
cblr-8481	903	22	to	to	ADP
cblr-8481	903	23	shareholders	shareholder	NOUN
cblr-8481	903	24	bearing	bear	VERB
cblr-8481	903	25	the	the	DET
cblr-8481	903	26	cost	cost	NOUN
cblr-8481	903	27	of	of	ADP
cblr-8481	903	28	the	the	DET
cblr-8481	903	29	litigation	litigation	NOUN
cblr-8481	903	30	rather	rather	ADV
cblr-8481	903	31	than	than	ADP
cblr-8481	903	32	the	the	DET
cblr-8481	903	33	merits	merit	NOUN
cblr-8481	903	34	of	of	ADP
cblr-8481	903	35	the	the	DET
cblr-8481	903	36	cases	case	NOUN
cblr-8481	903	37	themselves	themselves	PRON
cblr-8481	903	38	.	.	PUNCT
cblr-8481	904	1	coffee	coffee	NOUN
cblr-8481	904	2	,	,	PUNCT
cblr-8481	904	3	supra	supra	PROPN
cblr-8481	904	4	note	note	NOUN
cblr-8481	904	5	191	191	NUM
cblr-8481	904	6	,	,	PUNCT
cblr-8481	904	7	at	at	ADP
cblr-8481	904	8	1536	1536	NUM
cblr-8481	904	9	n.5	n.5	X
cblr-8481	904	10	.	.	PUNCT
cblr-8481	905	1	201	201	NUM
cblr-8481	905	2	see	see	VERB
cblr-8481	905	3	supra	supra	PROPN
cblr-8481	905	4	sections	section	NOUN
cblr-8481	905	5	ii.b–.c	ii.b–.c	PROPN
cblr-8481	905	6	.	.	PUNCT
cblr-8481	906	1	202	202	NUM
cblr-8481	906	2	coffee	coffee	NOUN
cblr-8481	906	3	,	,	PUNCT
cblr-8481	906	4	supra	supra	PROPN
cblr-8481	906	5	note	note	NOUN
cblr-8481	906	6	191	191	NUM
cblr-8481	906	7	,	,	PUNCT
cblr-8481	906	8	at	at	ADP
cblr-8481	906	9	1549	1549	NUM
cblr-8481	906	10	.	.	PUNCT
cblr-8481	907	1	203	203	NUM
cblr-8481	907	2	i	i	PRON
cblr-8481	907	3	d.	d.	PROPN
cblr-8481	907	4	at	at	ADP
cblr-8481	907	5	1548	1548	NUM
cblr-8481	907	6	.	.	PUNCT
cblr-8481	908	1	204	204	NUM
cblr-8481	909	1	i	i	PRON
cblr-8481	909	2	d.	d.	NOUN
cblr-8481	909	3	at	at	ADP
cblr-8481	909	4	1537	1537	NUM
cblr-8481	909	5	.	.	PUNCT
cblr-8481	910	1	205	205	NUM
cblr-8481	911	1	i	i	PRON
cblr-8481	911	2	d.	d.	NOUN
cblr-8481	911	3	at	at	ADP
cblr-8481	911	4	1545–46	1545–46	NUM
cblr-8481	911	5	.	.	PUNCT
cblr-8481	912	1	206	206	NUM
cblr-8481	912	2	james	james	PROPN
cblr-8481	912	3	cameron	cameron	PROPN
cblr-8481	912	4	spindler	spindler	PROPN
cblr-8481	912	5	,	,	PUNCT
cblr-8481	912	6	we	we	PRON
cblr-8481	912	7	have	have	VERB
cblr-8481	912	8	a	a	DET
cblr-8481	912	9	consensus	consensus	NOUN
cblr-8481	912	10	of	of	ADP
cblr-8481	912	11	fraud	fraud	NOUN
cblr-8481	912	12	on	on	ADP
cblr-8481	912	13	the	the	DET
cblr-8481	912	14	market	market	NOUN
cblr-8481	912	15	—	—	PUNCT
cblr-8481	912	16	and	and	CCONJ
cblr-8481	912	17	it	it	PRON
cblr-8481	912	18	’s	’	VERB
cblr-8481	912	19	wrong	wrong	ADJ
cblr-8481	912	20	,	,	PUNCT
cblr-8481	912	21	7	7	NUM
cblr-8481	912	22	harv	harv	NOUN
cblr-8481	912	23	.	.	PUNCT
cblr-8481	913	1	bus	bus	NOUN
cblr-8481	913	2	.	.	PUNCT
cblr-8481	914	1	l.	l.	PROPN
cblr-8481	914	2	rev	rev	PROPN
cblr-8481	914	3	.	.	PROPN
cblr-8481	914	4	67	67	NUM
cblr-8481	914	5	,	,	PUNCT
cblr-8481	914	6	69	69	NUM
cblr-8481	914	7	(	(	PUNCT
cblr-8481	914	8	2017	2017	NUM
cblr-8481	914	9	)	)	PUNCT
cblr-8481	914	10	(	(	PUNCT
cblr-8481	914	11	quoting	quote	VERB
cblr-8481	914	12	hal	hal	PROPN
cblr-8481	914	13	scott	scott	PROPN
cblr-8481	914	14	,	,	PUNCT
cblr-8481	914	15	how	how	SCONJ
cblr-8481	914	16	to	to	PART
cblr-8481	914	17	improve	improve	VERB
cblr-8481	914	18	five	five	NUM
cblr-8481	914	19	important	important	ADJ
cblr-8481	914	20	areas	area	NOUN
cblr-8481	914	21	of	of	ADP
cblr-8481	914	22	financial	financial	ADJ
cblr-8481	914	23	regulation	regulation	NOUN
cblr-8481	914	24	,	,	PUNCT
cblr-8481	914	25	in	in	ADP
cblr-8481	914	26	rules	rule	NOUN
cblr-8481	914	27	for	for	ADP
cblr-8481	914	28	growth	growth	NOUN
cblr-8481	914	29	:	:	PUNCT
cblr-8481	914	30	promoting	promote	VERB
cblr-8481	914	31	innovation	innovation	NOUN
cblr-8481	914	32	and	and	CCONJ
cblr-8481	914	33	growth	growth	NOUN
cblr-8481	914	34	through	through	ADP
cblr-8481	914	35	legal	legal	ADJ
cblr-8481	914	36	reform	reform	NOUN
cblr-8481	914	37	113	113	NUM
cblr-8481	914	38	,	,	PUNCT
cblr-8481	914	39	145	145	NUM
cblr-8481	914	40	(	(	PUNCT
cblr-8481	914	41	2011	2011	NUM
cblr-8481	914	42	)	)	PUNCT
cblr-8481	914	43	)	)	PUNCT
cblr-8481	914	44	.	.	PUNCT
cblr-8481	915	1	note	note	VERB
cblr-8481	915	2	lieberman	lieberman	PROPN
cblr-8481	915	3	6/13/2021	6/13/2021	NUM
cblr-8481	915	4	8:45	8:45	NUM
cblr-8481	915	5	pm	pm	NOUN
cblr-8481	915	6	402	402	NUM
cblr-8481	915	7	columbia	columbia	PROPN
cblr-8481	915	8	business	business	NOUN
cblr-8481	915	9	law	law	PROPN
cblr-8481	915	10	review	review	NOUN
cblr-8481	915	11	[	[	X
cblr-8481	915	12	vol	vol	NOUN
cblr-8481	915	13	.	.	NOUN
cblr-8481	915	14	2021	2021	NUM
cblr-8481	915	15	of	of	ADP
cblr-8481	915	16	the	the	DET
cblr-8481	915	17	defendant	defendant	NOUN
cblr-8481	915	18	corporation	corporation	NOUN
cblr-8481	915	19	.	.	PUNCT
cblr-8481	915	20	”207	”207	VERB
cblr-8481	915	21	this	this	PRON
cblr-8481	915	22	means	mean	VERB
cblr-8481	915	23	that	that	SCONJ
cblr-8481	915	24	“	"	PUNCT
cblr-8481	915	25	recovery	recovery	NOUN
cblr-8481	915	26	will	will	AUX
cblr-8481	915	27	result	result	VERB
cblr-8481	915	28	largely	largely	ADV
cblr-8481	915	29	in	in	ADP
cblr-8481	915	30	‘	'	PUNCT
cblr-8481	915	31	pocket	pocket	NOUN
cblr-8481	915	32	shifting	shifting	NOUN
cblr-8481	915	33	.	.	PUNCT
cblr-8481	916	1	’”208	’”208	VERB
cblr-8481	916	2	the	the	DET
cblr-8481	916	3	circularity	circularity	NOUN
cblr-8481	916	4	critique	critique	NOUN
cblr-8481	916	5	has	have	AUX
cblr-8481	916	6	undergone	undergo	VERB
cblr-8481	916	7	some	some	DET
cblr-8481	916	8	criticism	criticism	NOUN
cblr-8481	916	9	,	,	PUNCT
cblr-8481	916	10	as	as	SCONJ
cblr-8481	916	11	professor	professor	PROPN
cblr-8481	916	12	james	james	PROPN
cblr-8481	916	13	cameron	cameron	PROPN
cblr-8481	916	14	spindler	spindler	PROPN
cblr-8481	916	15	has	have	AUX
cblr-8481	916	16	argued	argue	VERB
cblr-8481	916	17	that	that	SCONJ
cblr-8481	916	18	“	"	PUNCT
cblr-8481	916	19	[	[	X
cblr-8481	916	20	t]he	t]he	ADV
cblr-8481	916	21	circularity	circularity	NOUN
cblr-8481	916	22	critique	critique	NOUN
cblr-8481	916	23	fails	fail	VERB
cblr-8481	916	24	mathematically	mathematically	ADV
cblr-8481	916	25	”	"	PUNCT
cblr-8481	916	26	because	because	SCONJ
cblr-8481	916	27	,	,	PUNCT
cblr-8481	916	28	on	on	ADP
cblr-8481	916	29	his	his	PRON
cblr-8481	916	30	“	"	PUNCT
cblr-8481	916	31	economic	economic	ADJ
cblr-8481	916	32	model	model	NOUN
cblr-8481	916	33	,	,	PUNCT
cblr-8481	916	34	penalties	penalty	NOUN
cblr-8481	916	35	on	on	ADP
cblr-8481	916	36	the	the	DET
cblr-8481	916	37	firm	firm	NOUN
cblr-8481	916	38	effectively	effectively	ADV
cblr-8481	916	39	come	come	VERB
cblr-8481	916	40	out	out	ADP
cblr-8481	916	41	of	of	ADP
cblr-8481	916	42	the	the	DET
cblr-8481	916	43	pockets	pocket	NOUN
cblr-8481	916	44	of	of	ADP
cblr-8481	916	45	non	non	ADJ
cblr-8481	916	46	-	-	ADJ
cblr-8481	916	47	plaintiff	plaintiff	ADJ
cblr-8481	916	48	shareholders	shareholder	NOUN
cblr-8481	916	49	,	,	PUNCT
cblr-8481	916	50	and	and	CCONJ
cblr-8481	916	51	actually	actually	ADV
cblr-8481	916	52	do	do	AUX
cblr-8481	916	53	compensate	compensate	VERB
cblr-8481	916	54	plaintiffs	plaintiff	NOUN
cblr-8481	916	55	.	.	PUNCT
cblr-8481	917	1	”209	”209	PUNCT
cblr-8481	917	2	however	however	ADV
cblr-8481	917	3	,	,	PUNCT
cblr-8481	917	4	even	even	ADV
cblr-8481	917	5	if	if	SCONJ
cblr-8481	917	6	the	the	DET
cblr-8481	917	7	circularity	circularity	NOUN
cblr-8481	917	8	critique	critique	NOUN
cblr-8481	917	9	is	be	AUX
cblr-8481	917	10	overstated	overstate	VERB
cblr-8481	917	11	,	,	PUNCT
cblr-8481	917	12	the	the	DET
cblr-8481	917	13	issue	issue	NOUN
cblr-8481	917	14	goes	go	VERB
cblr-8481	917	15	beyond	beyond	ADP
cblr-8481	917	16	the	the	DET
cblr-8481	917	17	“	"	PUNCT
cblr-8481	917	18	pocket	pocket	NOUN
cblr-8481	917	19	transfer	transfer	NOUN
cblr-8481	917	20	”	"	PUNCT
cblr-8481	917	21	aspects	aspect	NOUN
cblr-8481	917	22	of	of	ADP
cblr-8481	917	23	settlements	settlement	NOUN
cblr-8481	917	24	;	;	PUNCT
cblr-8481	917	25	if	if	SCONJ
cblr-8481	917	26	the	the	DET
cblr-8481	917	27	costs	cost	NOUN
cblr-8481	917	28	are	be	AUX
cblr-8481	917	29	borne	bear	VERB
cblr-8481	917	30	by	by	ADP
cblr-8481	917	31	nonplaintiff	nonplaintiff	ADJ
cblr-8481	917	32	shareholders	shareholder	NOUN
cblr-8481	917	33	,	,	PUNCT
cblr-8481	917	34	they	they	PRON
cblr-8481	917	35	still	still	ADV
cblr-8481	917	36	end	end	VERB
cblr-8481	917	37	up	up	ADP
cblr-8481	917	38	falling	fall	VERB
cblr-8481	917	39	on	on	ADP
cblr-8481	917	40	shareholders	shareholder	NOUN
cblr-8481	917	41	rather	rather	ADV
cblr-8481	917	42	than	than	ADP
cblr-8481	917	43	the	the	DET
cblr-8481	917	44	actors	actor	NOUN
cblr-8481	917	45	responsible	responsible	ADJ
cblr-8481	917	46	for	for	ADP
cblr-8481	917	47	fraud	fraud	NOUN
cblr-8481	917	48	.	.	PUNCT
cblr-8481	918	1	this	this	DET
cblr-8481	918	2	issue	issue	NOUN
cblr-8481	918	3	undercuts	undercut	VERB
cblr-8481	918	4	much	much	ADJ
cblr-8481	918	5	of	of	ADP
cblr-8481	918	6	the	the	DET
cblr-8481	918	7	deterrent	deterrent	NOUN
cblr-8481	918	8	impact	impact	NOUN
cblr-8481	918	9	of	of	ADP
cblr-8481	918	10	private	private	ADJ
cblr-8481	918	11	litigation	litigation	NOUN
cblr-8481	918	12	,	,	PUNCT
cblr-8481	918	13	for	for	ADP
cblr-8481	918	14	responsible	responsible	ADJ
cblr-8481	918	15	corporate	corporate	ADJ
cblr-8481	918	16	insiders	insider	NOUN
cblr-8481	918	17	“	"	PUNCT
cblr-8481	918	18	are	be	AUX
cblr-8481	918	19	regularly	regularly	ADV
cblr-8481	918	20	sued	sue	VERB
cblr-8481	918	21	,	,	PUNCT
cblr-8481	919	1	[	[	X
cblr-8481	919	2	but	but	CCONJ
cblr-8481	919	3	]	]	PUNCT
cblr-8481	919	4	rarely	rarely	ADV
cblr-8481	919	5	appear	appear	VERB
cblr-8481	919	6	to	to	PART
cblr-8481	919	7	contribute	contribute	VERB
cblr-8481	919	8	to	to	ADP
cblr-8481	919	9	the	the	DET
cblr-8481	919	10	settlement	settlement	NOUN
cblr-8481	919	11	.	.	PUNCT
cblr-8481	920	1	”210	”210	X
cblr-8481	921	1	it	it	PRON
cblr-8481	921	2	also	also	ADV
cblr-8481	921	3	has	have	VERB
cblr-8481	921	4	a	a	DET
cblr-8481	921	5	negative	negative	ADJ
cblr-8481	921	6	impact	impact	NOUN
cblr-8481	921	7	on	on	ADP
cblr-8481	921	8	the	the	DET
cblr-8481	921	9	market	market	NOUN
cblr-8481	921	10	,	,	PUNCT
cblr-8481	921	11	which	which	PRON
cblr-8481	921	12	“	"	PUNCT
cblr-8481	921	13	reacts	react	VERB
cblr-8481	921	14	adversely	adversely	ADV
cblr-8481	921	15	to	to	ADP
cblr-8481	921	16	the	the	DET
cblr-8481	921	17	filing	filing	NOUN
cblr-8481	921	18	of	of	ADP
cblr-8481	921	19	[	[	X
cblr-8481	921	20	securities	security	NOUN
cblr-8481	921	21	litigation	litigation	NOUN
cblr-8481	921	22	]	]	PUNCT
cblr-8481	921	23	because	because	SCONJ
cblr-8481	921	24	it	it	PRON
cblr-8481	921	25	expects	expect	VERB
cblr-8481	921	26	that	that	SCONJ
cblr-8481	921	27	the	the	DET
cblr-8481	921	28	eventual	eventual	ADJ
cblr-8481	921	29	settlement	settlement	NOUN
cblr-8481	921	30	of	of	ADP
cblr-8481	921	31	[	[	X
cblr-8481	921	32	an	an	DET
cblr-8481	921	33	]	]	X
cblr-8481	921	34	action	action	NOUN
cblr-8481	921	35	will	will	AUX
cblr-8481	921	36	be	be	AUX
cblr-8481	921	37	borne	bear	VERB
cblr-8481	921	38	by	by	ADP
cblr-8481	921	39	the	the	DET
cblr-8481	921	40	shareholders	shareholder	NOUN
cblr-8481	921	41	as	as	ADP
cblr-8481	921	42	a	a	DET
cblr-8481	921	43	group	group	NOUN
cblr-8481	921	44	.	.	PUNCT
cblr-8481	921	45	”211	”211	PUNCT
cblr-8481	922	1	thus	thus	ADV
cblr-8481	922	2	,	,	PUNCT
cblr-8481	922	3	shareholders	shareholder	NOUN
cblr-8481	922	4	not	not	PART
cblr-8481	922	5	only	only	ADV
cblr-8481	922	6	bear	bear	VERB
cblr-8481	922	7	the	the	DET
cblr-8481	922	8	costs	cost	NOUN
cblr-8481	922	9	of	of	ADP
cblr-8481	922	10	litigation	litigation	NOUN
cblr-8481	922	11	in	in	ADP
cblr-8481	922	12	a	a	DET
cblr-8481	922	13	literal	literal	ADJ
cblr-8481	922	14	sense	sense	NOUN
cblr-8481	922	15	but	but	CCONJ
cblr-8481	922	16	also	also	ADV
cblr-8481	922	17	may	may	AUX
cblr-8481	922	18	incur	incur	VERB
cblr-8481	922	19	“	"	PUNCT
cblr-8481	922	20	the	the	PRON
cblr-8481	922	21	.	.	PUNCT
cblr-8481	922	22	.	.	PUNCT
cblr-8481	922	23	.	.	PUNCT
cblr-8481	923	1	costs	cost	NOUN
cblr-8481	923	2	of	of	ADP
cblr-8481	923	3	disruption	disruption	NOUN
cblr-8481	923	4	,	,	PUNCT
cblr-8481	923	5	stigma	stigma	NOUN
cblr-8481	923	6	,	,	PUNCT
cblr-8481	923	7	and	and	CCONJ
cblr-8481	923	8	adverse	adverse	ADJ
cblr-8481	923	9	publicity	publicity	NOUN
cblr-8481	923	10	.	.	PUNCT
cblr-8481	923	11	”212	”212	PUNCT
cblr-8481	923	12	b.	b.	PROPN
cblr-8481	923	13	the	the	DET
cblr-8481	923	14	“	"	PUNCT
cblr-8481	923	15	modified	modified	ADJ
cblr-8481	923	16	creator	creator	NOUN
cblr-8481	923	17	standard	standard	NOUN
cblr-8481	923	18	”	"	PUNCT
cblr-8481	923	19	as	as	ADP
cblr-8481	923	20	an	an	DET
cblr-8481	923	21	effective	effective	ADJ
cblr-8481	923	22	fraud	fraud	NOUN
cblr-8481	923	23	deterrent	deterrent	NOUN
cblr-8481	923	24	despite	despite	SCONJ
cblr-8481	923	25	the	the	DET
cblr-8481	923	26	issues	issue	NOUN
cblr-8481	923	27	with	with	ADP
cblr-8481	923	28	the	the	DET
cblr-8481	923	29	private	private	ADJ
cblr-8481	923	30	right	right	NOUN
cblr-8481	923	31	of	of	ADP
cblr-8481	923	32	action	action	NOUN
cblr-8481	923	33	,	,	PUNCT
cblr-8481	923	34	expanding	expand	VERB
cblr-8481	923	35	its	its	PRON
cblr-8481	923	36	scope	scope	NOUN
cblr-8481	923	37	by	by	ADP
cblr-8481	923	38	adoption	adoption	NOUN
cblr-8481	923	39	of	of	ADP
cblr-8481	923	40	the	the	DET
cblr-8481	923	41	“	"	PUNCT
cblr-8481	923	42	modified	modified	ADJ
cblr-8481	923	43	creator	creator	NOUN
cblr-8481	923	44	standard	standard	NOUN
cblr-8481	923	45	”	"	PUNCT
cblr-8481	923	46	for	for	ADP
cblr-8481	923	47	scheme	scheme	NOUN
cblr-8481	923	48	liability	liability	NOUN
cblr-8481	923	49	would	would	AUX
cblr-8481	923	50	play	play	VERB
cblr-8481	923	51	an	an	DET
cblr-8481	923	52	important	important	ADJ
cblr-8481	923	53	role	role	NOUN
cblr-8481	923	54	in	in	ADP
cblr-8481	923	55	207	207	NUM
cblr-8481	923	56	rose	rise	VERB
cblr-8481	923	57	,	,	PUNCT
cblr-8481	923	58	supra	supra	PROPN
cblr-8481	923	59	note	note	PROPN
cblr-8481	923	60	145	145	NUM
cblr-8481	923	61	,	,	PUNCT
cblr-8481	923	62	at	at	ADP
cblr-8481	923	63	1313	1313	NUM
cblr-8481	923	64	.	.	PUNCT
cblr-8481	924	1	208	208	NUM
cblr-8481	924	2	i	i	PROPN
cblr-8481	924	3	d.	d.	PROPN
cblr-8481	924	4	(	(	PUNCT
cblr-8481	924	5	first	first	ADV
cblr-8481	924	6	citing	cite	VERB
cblr-8481	924	7	janet	janet	PROPN
cblr-8481	924	8	cooper	cooper	PROPN
cblr-8481	924	9	alexander	alexander	PROPN
cblr-8481	924	10	,	,	PUNCT
cblr-8481	924	11	rethinking	rethink	VERB
cblr-8481	924	12	damages	damage	NOUN
cblr-8481	924	13	in	in	ADP
cblr-8481	924	14	securities	security	NOUN
cblr-8481	924	15	class	class	NOUN
cblr-8481	924	16	actions	action	NOUN
cblr-8481	924	17	,	,	PUNCT
cblr-8481	924	18	48	48	NUM
cblr-8481	924	19	stan	stan	PROPN
cblr-8481	924	20	.	.	PUNCT
cblr-8481	925	1	l.	l.	PROPN
cblr-8481	925	2	rev	rev	PROPN
cblr-8481	925	3	.	.	PROPN
cblr-8481	925	4	1487	1487	NUM
cblr-8481	925	5	,	,	PUNCT
cblr-8481	925	6	1503–04	1503–04	NUM
cblr-8481	925	7	(	(	PUNCT
cblr-8481	925	8	1996	1996	NUM
cblr-8481	925	9	)	)	PUNCT
cblr-8481	925	10	;	;	PUNCT
cblr-8481	925	11	and	and	CCONJ
cblr-8481	925	12	then	then	ADV
cblr-8481	925	13	citing	cite	VERB
cblr-8481	925	14	coffee	coffee	NOUN
cblr-8481	925	15	,	,	PUNCT
cblr-8481	925	16	supra	supra	PROPN
cblr-8481	925	17	note	note	NOUN
cblr-8481	925	18	191	191	NUM
cblr-8481	925	19	,	,	PUNCT
cblr-8481	925	20	at	at	ADP
cblr-8481	925	21	1558	1558	NUM
cblr-8481	925	22	)	)	PUNCT
cblr-8481	925	23	.	.	PUNCT
cblr-8481	926	1	209	209	NUM
cblr-8481	926	2	spindler	spindler	PROPN
cblr-8481	926	3	,	,	PUNCT
cblr-8481	926	4	supra	supra	PROPN
cblr-8481	926	5	note	note	NOUN
cblr-8481	926	6	206	206	NUM
cblr-8481	926	7	,	,	PUNCT
cblr-8481	926	8	at	at	ADP
cblr-8481	926	9	70	70	NUM
cblr-8481	926	10	.	.	PUNCT
cblr-8481	926	11	210	210	NUM
cblr-8481	926	12	coffee	coffee	NOUN
cblr-8481	926	13	,	,	PUNCT
cblr-8481	926	14	supra	supra	PROPN
cblr-8481	926	15	note	note	NOUN
cblr-8481	926	16	191	191	NUM
cblr-8481	926	17	,	,	PUNCT
cblr-8481	926	18	at	at	ADP
cblr-8481	926	19	1550	1550	NUM
cblr-8481	926	20	.	.	PUNCT
cblr-8481	927	1	this	this	PRON
cblr-8481	927	2	often	often	ADV
cblr-8481	927	3	due	due	ADP
cblr-8481	927	4	to	to	ADP
cblr-8481	927	5	corporations	corporation	NOUN
cblr-8481	927	6	buying	buy	VERB
cblr-8481	927	7	d&o	d&o	NOUN
cblr-8481	927	8	insurance	insurance	NOUN
cblr-8481	927	9	,	,	PUNCT
cblr-8481	927	10	which	which	PRON
cblr-8481	927	11	ensures	ensure	VERB
cblr-8481	927	12	that	that	SCONJ
cblr-8481	927	13	“	"	PUNCT
cblr-8481	927	14	[	[	X
cblr-8481	927	15	i]n	i]n	VERB
cblr-8481	927	16	the	the	DET
cblr-8481	927	17	more	more	ADV
cblr-8481	927	18	typical	typical	ADJ
cblr-8481	927	19	case	case	NOUN
cblr-8481	927	20	of	of	ADP
cblr-8481	927	21	the	the	DET
cblr-8481	927	22	solvent	solvent	ADJ
cblr-8481	927	23	corporation	corporation	NOUN
cblr-8481	927	24	.	.	PUNCT
cblr-8481	927	25	.	.	PUNCT
cblr-8481	928	1	.	.	PUNCT
cblr-8481	928	2	,	,	PUNCT
cblr-8481	928	3	the	the	DET
cblr-8481	928	4	likelihood	likelihood	NOUN
cblr-8481	928	5	is	be	AUX
cblr-8481	928	6	that	that	SCONJ
cblr-8481	928	7	the	the	DET
cblr-8481	928	8	insurer	insurer	NOUN
cblr-8481	928	9	will	will	AUX
cblr-8481	928	10	cover	cover	VERB
cblr-8481	928	11	everything	everything	PRON
cblr-8481	928	12	—	—	PUNCT
cblr-8481	928	13	i.e.	i.e.	X
cblr-8481	928	14	,	,	PUNCT
cblr-8481	928	15	the	the	DET
cblr-8481	928	16	settlement	settlement	NOUN
cblr-8481	928	17	plus	plus	CCONJ
cblr-8481	928	18	litigation	litigation	NOUN
cblr-8481	928	19	expenses	expense	NOUN
cblr-8481	928	20	—	—	PUNCT
cblr-8481	928	21	up	up	ADP
cblr-8481	928	22	to	to	ADP
cblr-8481	928	23	its	its	PRON
cblr-8481	928	24	policy	policy	NOUN
cblr-8481	928	25	limits	limit	NOUN
cblr-8481	928	26	,	,	PUNCT
cblr-8481	928	27	and	and	CCONJ
cblr-8481	928	28	the	the	DET
cblr-8481	928	29	corporation	corporation	NOUN
cblr-8481	928	30	will	will	AUX
cblr-8481	928	31	pick	pick	VERB
cblr-8481	928	32	up	up	ADP
cblr-8481	928	33	the	the	DET
cblr-8481	928	34	balance	balance	NOUN
cblr-8481	928	35	.	.	PUNCT
cblr-8481	928	36	”	"	PUNCT
cblr-8481	929	1	i	i	PRON
cblr-8481	929	2	d.	d.	PROPN
cblr-8481	929	3	at	at	ADP
cblr-8481	929	4	1553	1553	NUM
cblr-8481	929	5	.	.	PUNCT
cblr-8481	930	1	211	211	NUM
cblr-8481	930	2	i	i	PRON
cblr-8481	930	3	d.	d.	NOUN
cblr-8481	930	4	at	at	ADP
cblr-8481	930	5	1537	1537	NUM
cblr-8481	930	6	.	.	PUNCT
cblr-8481	931	1	212	212	NUM
cblr-8481	932	1	i	i	PRON
cblr-8481	932	2	d.	d.	PROPN
cblr-8481	932	3	at	at	ADP
cblr-8481	932	4	1546	1546	NUM
cblr-8481	932	5	.	.	PUNCT
cblr-8481	933	1	note	note	NOUN
cblr-8481	933	2	–	–	PUNCT
cblr-8481	933	3	lieberman	lieberman	PROPN
cblr-8481	934	1	6/13/2021	6/13/2021	NUM
cblr-8481	934	2	8:45	8:45	NUM
cblr-8481	934	3	pm	pm	NOUN
cblr-8481	934	4	no	no	INTJ
cblr-8481	934	5	.	.	PUNCT
cblr-8481	935	1	1:352	1:352	NUM
cblr-8481	935	2	]	]	X
cblr-8481	935	3	lorenzo	lorenzo	PROPN
cblr-8481	935	4	v.	v.	ADP
cblr-8481	935	5	sec	sec	PROPN
cblr-8481	935	6	and	and	CCONJ
cblr-8481	935	7	the	the	DET
cblr-8481	935	8	expansion	expansion	NOUN
cblr-8481	935	9	of	of	ADP
cblr-8481	935	10	scheme	scheme	NOUN
cblr-8481	935	11	liability	liability	NOUN
cblr-8481	935	12	403	403	NUM
cblr-8481	935	13	deterring	deter	VERB
cblr-8481	935	14	securities	security	NOUN
cblr-8481	935	15	fraud	fraud	NOUN
cblr-8481	935	16	.	.	PUNCT
cblr-8481	936	1	the	the	DET
cblr-8481	936	2	private	private	ADJ
cblr-8481	936	3	right	right	NOUN
cblr-8481	936	4	of	of	ADP
cblr-8481	936	5	action	action	NOUN
cblr-8481	936	6	itself	itself	PRON
cblr-8481	936	7	promotes	promote	VERB
cblr-8481	936	8	investor	investor	NOUN
cblr-8481	936	9	confidence	confidence	NOUN
cblr-8481	936	10	,	,	PUNCT
cblr-8481	936	11	and	and	CCONJ
cblr-8481	936	12	the	the	DET
cblr-8481	936	13	“	"	PUNCT
cblr-8481	936	14	modified	modified	ADJ
cblr-8481	936	15	creator	creator	NOUN
cblr-8481	936	16	standard	standard	NOUN
cblr-8481	936	17	”	"	PUNCT
cblr-8481	936	18	will	will	AUX
cblr-8481	936	19	ensure	ensure	VERB
cblr-8481	936	20	a	a	DET
cblr-8481	936	21	more	more	ADV
cblr-8481	936	22	optimal	optimal	ADJ
cblr-8481	936	23	level	level	NOUN
cblr-8481	936	24	of	of	ADP
cblr-8481	936	25	deterrence	deterrence	NOUN
cblr-8481	936	26	relative	relative	ADJ
cblr-8481	936	27	to	to	ADP
cblr-8481	936	28	the	the	DET
cblr-8481	936	29	current	current	ADJ
cblr-8481	936	30	regime	regime	NOUN
cblr-8481	936	31	by	by	ADP
cblr-8481	936	32	placing	place	VERB
cblr-8481	936	33	outside	outside	ADJ
cblr-8481	936	34	advisors	advisor	NOUN
cblr-8481	936	35	like	like	ADP
cblr-8481	936	36	lawyers	lawyer	NOUN
cblr-8481	936	37	and	and	CCONJ
cblr-8481	936	38	accountants	accountant	NOUN
cblr-8481	936	39	within	within	ADP
cblr-8481	936	40	the	the	DET
cblr-8481	936	41	scope	scope	NOUN
cblr-8481	936	42	of	of	ADP
cblr-8481	936	43	primary	primary	ADJ
cblr-8481	936	44	liability	liability	NOUN
cblr-8481	936	45	.	.	PUNCT
cblr-8481	937	1	this	this	PRON
cblr-8481	937	2	provides	provide	VERB
cblr-8481	937	3	an	an	DET
cblr-8481	937	4	additional	additional	ADJ
cblr-8481	937	5	layer	layer	NOUN
cblr-8481	937	6	of	of	ADP
cblr-8481	937	7	deterrence	deterrence	NOUN
cblr-8481	937	8	,	,	PUNCT
cblr-8481	937	9	mindful	mindful	ADJ
cblr-8481	937	10	of	of	ADP
cblr-8481	937	11	the	the	DET
cblr-8481	937	12	prevalence	prevalence	NOUN
cblr-8481	937	13	of	of	ADP
cblr-8481	937	14	d&o	d&o	NOUN
cblr-8481	937	15	insurance,213	insurance,213	NOUN
cblr-8481	937	16	which	which	PRON
cblr-8481	937	17	prevents	prevent	VERB
cblr-8481	937	18	direct	direct	ADJ
cblr-8481	937	19	imposition	imposition	NOUN
cblr-8481	937	20	costs	cost	NOUN
cblr-8481	937	21	on	on	ADP
cblr-8481	937	22	management	management	NOUN
cblr-8481	937	23	.	.	PUNCT
cblr-8481	938	1	despite	despite	SCONJ
cblr-8481	938	2	the	the	DET
cblr-8481	938	3	perceived	perceive	VERB
cblr-8481	938	4	flaws	flaw	NOUN
cblr-8481	938	5	of	of	ADP
cblr-8481	938	6	the	the	DET
cblr-8481	938	7	private	private	ADJ
cblr-8481	938	8	right	right	NOUN
cblr-8481	938	9	of	of	ADP
cblr-8481	938	10	action	action	NOUN
cblr-8481	938	11	and	and	CCONJ
cblr-8481	938	12	fears	fear	NOUN
cblr-8481	938	13	of	of	ADP
cblr-8481	938	14	over	over	ADP
cblr-8481	938	15	-	-	PUNCT
cblr-8481	938	16	deterrence	deterrence	NOUN
cblr-8481	938	17	,	,	PUNCT
cblr-8481	938	18	the	the	DET
cblr-8481	938	19	reality	reality	NOUN
cblr-8481	938	20	is	be	AUX
cblr-8481	938	21	that	that	SCONJ
cblr-8481	938	22	private	private	ADJ
cblr-8481	938	23	litigation	litigation	NOUN
cblr-8481	938	24	provides	provide	VERB
cblr-8481	938	25	an	an	DET
cblr-8481	938	26	essential	essential	ADJ
cblr-8481	938	27	supplement	supplement	NOUN
cblr-8481	938	28	to	to	ADP
cblr-8481	938	29	sec	sec	PROPN
cblr-8481	938	30	enforcement	enforcement	NOUN
cblr-8481	938	31	.	.	PUNCT
cblr-8481	939	1	even	even	ADV
cblr-8481	939	2	if	if	SCONJ
cblr-8481	939	3	the	the	DET
cblr-8481	939	4	compensatory	compensatory	ADJ
cblr-8481	939	5	rationale	rationale	NOUN
cblr-8481	939	6	does	do	AUX
cblr-8481	939	7	not	not	PART
cblr-8481	939	8	bear	bear	VERB
cblr-8481	939	9	out	out	ADP
cblr-8481	939	10	,	,	PUNCT
cblr-8481	939	11	private	private	ADJ
cblr-8481	939	12	securities	security	NOUN
cblr-8481	939	13	litigation	litigation	NOUN
cblr-8481	939	14	ensures	ensure	VERB
cblr-8481	939	15	there	there	PRON
cblr-8481	939	16	are	be	VERB
cblr-8481	939	17	more	more	ADJ
cblr-8481	939	18	deterrents	deterrent	NOUN
cblr-8481	939	19	against	against	ADP
cblr-8481	939	20	fraud	fraud	NOUN
cblr-8481	939	21	,	,	PUNCT
cblr-8481	939	22	especially	especially	ADV
cblr-8481	939	23	“	"	PUNCT
cblr-8481	939	24	because	because	SCONJ
cblr-8481	939	25	of	of	ADP
cblr-8481	939	26	the	the	DET
cblr-8481	939	27	phenomenal	phenomenal	ADJ
cblr-8481	939	28	growth	growth	NOUN
cblr-8481	939	29	of	of	ADP
cblr-8481	939	30	the	the	DET
cblr-8481	939	31	securities	security	NOUN
cblr-8481	939	32	industry	industry	NOUN
cblr-8481	939	33	during	during	ADP
cblr-8481	939	34	a	a	DET
cblr-8481	939	35	time	time	NOUN
cblr-8481	939	36	when	when	SCONJ
cblr-8481	939	37	the	the	DET
cblr-8481	939	38	commission	commission	NOUN
cblr-8481	939	39	’s	’s	PART
cblr-8481	939	40	staff	staff	NOUN
cblr-8481	939	41	and	and	CCONJ
cblr-8481	939	42	budget	budget	NOUN
cblr-8481	939	43	levels	level	NOUN
cblr-8481	939	44	have	have	AUX
cblr-8481	939	45	remained	remain	VERB
cblr-8481	939	46	relatively	relatively	ADV
cblr-8481	939	47	constant	constant	ADJ
cblr-8481	939	48	.	.	PUNCT
cblr-8481	939	49	”214	”214	PUNCT
cblr-8481	940	1	even	even	ADV
cblr-8481	940	2	the	the	DET
cblr-8481	940	3	supreme	supreme	PROPN
cblr-8481	940	4	court	court	PROPN
cblr-8481	940	5	has	have	AUX
cblr-8481	940	6	noted	note	VERB
cblr-8481	940	7	that	that	SCONJ
cblr-8481	940	8	“	"	PUNCT
cblr-8481	940	9	meritorious	meritorious	ADJ
cblr-8481	940	10	private	private	ADJ
cblr-8481	940	11	actions	action	NOUN
cblr-8481	940	12	.	.	PUNCT
cblr-8481	940	13	.	.	PUNCT
cblr-8481	940	14	.	.	PUNCT
cblr-8481	941	1	enforce	enforce	VERB
cblr-8481	941	2	federal	federal	PROPN
cblr-8481	941	3	antifraud	antifraud	PROPN
cblr-8481	941	4	securities	security	NOUN
cblr-8481	941	5	laws	law	NOUN
cblr-8481	941	6	[	[	X
cblr-8481	941	7	and	and	CCONJ
cblr-8481	941	8	]	]	X
cblr-8481	941	9	are	be	AUX
cblr-8481	941	10	an	an	DET
cblr-8481	941	11	essential	essential	ADJ
cblr-8481	941	12	supplement	supplement	NOUN
cblr-8481	941	13	to	to	ADP
cblr-8481	941	14	criminal	criminal	ADJ
cblr-8481	941	15	prosecutions	prosecution	NOUN
cblr-8481	941	16	and	and	CCONJ
cblr-8481	941	17	civil	civil	ADJ
cblr-8481	941	18	enforcement	enforcement	NOUN
cblr-8481	941	19	actions,”215	actions,”215	PROPN
cblr-8481	941	20	indicating	indicate	VERB
cblr-8481	941	21	that	that	SCONJ
cblr-8481	941	22	the	the	DET
cblr-8481	941	23	issue	issue	NOUN
cblr-8481	941	24	is	be	AUX
cblr-8481	941	25	more	more	ADJ
cblr-8481	941	26	about	about	ADP
cblr-8481	941	27	the	the	DET
cblr-8481	941	28	merits	merit	NOUN
cblr-8481	941	29	of	of	ADP
cblr-8481	941	30	the	the	DET
cblr-8481	941	31	cases	case	NOUN
cblr-8481	941	32	being	be	AUX
cblr-8481	941	33	brought	bring	VERB
cblr-8481	941	34	by	by	ADP
cblr-8481	941	35	private	private	ADJ
cblr-8481	941	36	plaintiffs	plaintiff	NOUN
cblr-8481	941	37	than	than	ADP
cblr-8481	941	38	the	the	DET
cblr-8481	941	39	private	private	ADJ
cblr-8481	941	40	right	right	NOUN
cblr-8481	941	41	of	of	ADP
cblr-8481	941	42	action	action	NOUN
cblr-8481	941	43	as	as	ADP
cblr-8481	941	44	a	a	DET
cblr-8481	941	45	whole	whole	NOUN
cblr-8481	941	46	.	.	PUNCT
cblr-8481	942	1	similarly	similarly	ADV
cblr-8481	942	2	,	,	PUNCT
cblr-8481	942	3	the	the	DET
cblr-8481	942	4	private	private	ADJ
cblr-8481	942	5	right	right	NOUN
cblr-8481	942	6	of	of	ADP
cblr-8481	942	7	action	action	NOUN
cblr-8481	942	8	promotes	promote	VERB
cblr-8481	942	9	investor	investor	NOUN
cblr-8481	942	10	confidence	confidence	NOUN
cblr-8481	942	11	by	by	ADP
cblr-8481	942	12	ensuring	ensure	VERB
cblr-8481	942	13	there	there	PRON
cblr-8481	942	14	are	be	VERB
cblr-8481	942	15	ways	way	NOUN
cblr-8481	942	16	to	to	PART
cblr-8481	942	17	hold	hold	VERB
cblr-8481	942	18	those	those	PRON
cblr-8481	942	19	who	who	PRON
cblr-8481	942	20	commit	commit	VERB
cblr-8481	942	21	fraud	fraud	NOUN
cblr-8481	942	22	liable	liable	ADJ
cblr-8481	942	23	for	for	ADP
cblr-8481	942	24	their	their	PRON
cblr-8481	942	25	transgressions	transgression	NOUN
cblr-8481	942	26	without	without	ADP
cblr-8481	942	27	relying	rely	VERB
cblr-8481	942	28	entirely	entirely	ADV
cblr-8481	942	29	on	on	ADP
cblr-8481	942	30	the	the	DET
cblr-8481	942	31	sec	sec	PROPN
cblr-8481	942	32	.	.	PUNCT
cblr-8481	943	1	the	the	DET
cblr-8481	943	2	impact	impact	NOUN
cblr-8481	943	3	of	of	ADP
cblr-8481	943	4	fraud	fraud	NOUN
cblr-8481	943	5	on	on	ADP
cblr-8481	943	6	investor	investor	NOUN
cblr-8481	943	7	confidence	confidence	NOUN
cblr-8481	943	8	can	can	AUX
cblr-8481	943	9	be	be	AUX
cblr-8481	943	10	shown	show	VERB
cblr-8481	943	11	by	by	ADP
cblr-8481	943	12	the	the	DET
cblr-8481	943	13	rise	rise	NOUN
cblr-8481	943	14	in	in	ADP
cblr-8481	943	15	the	the	DET
cblr-8481	943	16	“	"	PUNCT
cblr-8481	943	17	cost	cost	NOUN
cblr-8481	943	18	of	of	ADP
cblr-8481	943	19	equity	equity	NOUN
cblr-8481	943	20	capital	capital	NOUN
cblr-8481	943	21	”	"	PUNCT
cblr-8481	943	22	in	in	ADP
cblr-8481	943	23	the	the	DET
cblr-8481	943	24	wake	wake	NOUN
cblr-8481	943	25	of	of	ADP
cblr-8481	943	26	“	"	PUNCT
cblr-8481	943	27	enron	enron	PROPN
cblr-8481	943	28	,	,	PUNCT
cblr-8481	943	29	worldcom	worldcom	PROPN
cblr-8481	943	30	,	,	PUNCT
cblr-8481	943	31	and	and	CCONJ
cblr-8481	943	32	a	a	DET
cblr-8481	943	33	host	host	NOUN
cblr-8481	943	34	of	of	ADP
cblr-8481	943	35	other	other	ADJ
cblr-8481	943	36	scandals	scandal	NOUN
cblr-8481	943	37	in	in	ADP
cblr-8481	943	38	the	the	DET
cblr-8481	943	39	2000	2000	NUM
cblr-8481	943	40	to	to	ADP
cblr-8481	943	41	2002	2002	NUM
cblr-8481	943	42	era	era	NOUN
cblr-8481	943	43	,	,	PUNCT
cblr-8481	943	44	”	"	PUNCT
cblr-8481	943	45	which	which	PRON
cblr-8481	943	46	“	"	PUNCT
cblr-8481	943	47	made	make	VERB
cblr-8481	943	48	stockholders	stockholder	NOUN
cblr-8481	943	49	213	213	NUM
cblr-8481	943	50	i	i	PRON
cblr-8481	943	51	d.	d.	PROPN
cblr-8481	943	52	214	214	NUM
cblr-8481	943	53	cosenza	cosenza	PROPN
cblr-8481	943	54	,	,	PUNCT
cblr-8481	943	55	supra	supra	PROPN
cblr-8481	943	56	note	note	PROPN
cblr-8481	943	57	134	134	NUM
cblr-8481	943	58	,	,	PUNCT
cblr-8481	943	59	at	at	ADP
cblr-8481	943	60	1027	1027	NUM
cblr-8481	943	61	n.33	n.33	PROPN
cblr-8481	943	62	(	(	PUNCT
cblr-8481	943	63	internal	internal	ADJ
cblr-8481	943	64	quotation	quotation	NOUN
cblr-8481	943	65	marks	mark	NOUN
cblr-8481	943	66	omitted	omit	VERB
cblr-8481	943	67	)	)	PUNCT
cblr-8481	943	68	(	(	PUNCT
cblr-8481	943	69	quoting	quote	VERB
cblr-8481	943	70	securities	security	NOUN
cblr-8481	943	71	litigation	litigation	PROPN
cblr-8481	943	72	uniform	uniform	PROPN
cblr-8481	943	73	standards	standards	PROPN
cblr-8481	943	74	act	act	NOUN
cblr-8481	943	75	of	of	ADP
cblr-8481	943	76	1997	1997	NUM
cblr-8481	943	77	:	:	PUNCT
cblr-8481	943	78	hearing	hear	VERB
cblr-8481	943	79	on	on	ADP
cblr-8481	943	80	s.	s.	PROPN
cblr-8481	943	81	1260	1260	NUM
cblr-8481	943	82	before	before	ADP
cblr-8481	943	83	the	the	DET
cblr-8481	943	84	subcomm	subcomm	NOUN
cblr-8481	943	85	.	.	PUNCT
cblr-8481	944	1	on	on	ADP
cblr-8481	944	2	sec	sec	PROPN
cblr-8481	944	3	.	.	PROPN
cblr-8481	944	4	of	of	ADP
cblr-8481	944	5	the	the	DET
cblr-8481	944	6	s.	s.	PROPN
cblr-8481	944	7	comm	comm	NOUN
cblr-8481	944	8	.	.	PUNCT
cblr-8481	945	1	on	on	ADP
cblr-8481	945	2	banking	banking	NOUN
cblr-8481	945	3	,	,	PUNCT
cblr-8481	945	4	hous	hous	ADJ
cblr-8481	945	5	.	.	PUNCT
cblr-8481	945	6	&	&	CCONJ
cblr-8481	945	7	urb	urb	PROPN
cblr-8481	945	8	.	.	PUNCT
cblr-8481	945	9	affs	affs	PROPN
cblr-8481	945	10	.	.	PUNCT
cblr-8481	945	11	,	,	PUNCT
cblr-8481	945	12	105th	105th	PROPN
cblr-8481	945	13	cong	cong	NOUN
cblr-8481	945	14	.	.	PUNCT
cblr-8481	946	1	5–6	5–6	NUM
cblr-8481	946	2	(	(	PUNCT
cblr-8481	946	3	1998	1998	NUM
cblr-8481	946	4	)	)	PUNCT
cblr-8481	946	5	(	(	PUNCT
cblr-8481	946	6	statement	statement	NOUN
cblr-8481	946	7	of	of	ADP
cblr-8481	946	8	hon	hon	PROPN
cblr-8481	946	9	.	.	PUNCT
cblr-8481	947	1	arthur	arthur	PROPN
cblr-8481	947	2	levitt	levitt	PROPN
cblr-8481	947	3	,	,	PUNCT
cblr-8481	947	4	jr	jr	PROPN
cblr-8481	947	5	.	.	PROPN
cblr-8481	947	6	,	,	PUNCT
cblr-8481	947	7	chairman	chairman	NOUN
cblr-8481	947	8	,	,	PUNCT
cblr-8481	947	9	sec	sec	PROPN
cblr-8481	947	10	&	&	CCONJ
cblr-8481	947	11	hon	hon	PROPN
cblr-8481	947	12	.	.	PUNCT
cblr-8481	948	1	isaac	isaac	PROPN
cblr-8481	948	2	c.	c.	PROPN
cblr-8481	948	3	hunt	hunt	PROPN
cblr-8481	948	4	,	,	PUNCT
cblr-8481	948	5	comm’r	comm’r	NOUN
cblr-8481	948	6	,	,	PUNCT
cblr-8481	948	7	sec	sec	PROPN
cblr-8481	948	8	)	)	PUNCT
cblr-8481	948	9	)	)	PUNCT
cblr-8481	948	10	.	.	PUNCT
cblr-8481	949	1	this	this	PRON
cblr-8481	949	2	is	be	AUX
cblr-8481	949	3	consistent	consistent	ADJ
cblr-8481	949	4	with	with	ADP
cblr-8481	949	5	my	my	PRON
cblr-8481	949	6	personal	personal	ADJ
cblr-8481	949	7	experience	experience	NOUN
cblr-8481	949	8	interning	intern	VERB
cblr-8481	949	9	with	with	ADP
cblr-8481	949	10	the	the	DET
cblr-8481	949	11	sec	sec	PROPN
cblr-8481	949	12	’s	’s	PART
cblr-8481	949	13	new	new	PROPN
cblr-8481	949	14	york	york	PROPN
cblr-8481	949	15	regional	regional	PROPN
cblr-8481	949	16	office	office	NOUN
cblr-8481	949	17	during	during	ADP
cblr-8481	949	18	the	the	DET
cblr-8481	949	19	summer	summer	NOUN
cblr-8481	949	20	of	of	ADP
cblr-8481	949	21	2019	2019	NUM
cblr-8481	949	22	,	,	PUNCT
cblr-8481	949	23	as	as	SCONJ
cblr-8481	949	24	the	the	DET
cblr-8481	949	25	office	office	NOUN
cblr-8481	949	26	had	have	AUX
cblr-8481	949	27	not	not	PART
cblr-8481	949	28	hired	hire	VERB
cblr-8481	949	29	attorneys	attorney	NOUN
cblr-8481	949	30	for	for	ADP
cblr-8481	949	31	over	over	ADP
cblr-8481	949	32	two	two	NUM
cblr-8481	949	33	years	year	NOUN
cblr-8481	949	34	and	and	CCONJ
cblr-8481	949	35	generally	generally	ADV
cblr-8481	949	36	had	have	AUX
cblr-8481	949	37	leanly	leanly	ADV
cblr-8481	949	38	staffed	staff	VERB
cblr-8481	949	39	teams	team	NOUN
cblr-8481	949	40	.	.	PUNCT
cblr-8481	950	1	215	215	NUM
cblr-8481	950	2	tellabs	tellabs	PROPN
cblr-8481	950	3	,	,	PUNCT
cblr-8481	950	4	inc	inc	PROPN
cblr-8481	950	5	.	.	PROPN
cblr-8481	950	6	v.	v.	PROPN
cblr-8481	950	7	makor	makor	PROPN
cblr-8481	950	8	issues	issue	NOUN
cblr-8481	950	9	&	&	CCONJ
cblr-8481	950	10	rts	rt	NOUN
cblr-8481	950	11	.	.	PROPN
cblr-8481	950	12	,	,	PUNCT
cblr-8481	950	13	ltd	ltd	PROPN
cblr-8481	950	14	.	.	PROPN
cblr-8481	950	15	,	,	PUNCT
cblr-8481	950	16	551	551	NUM
cblr-8481	950	17	u.s	u.s	PROPN
cblr-8481	950	18	.	.	PROPN
cblr-8481	950	19	308	308	NUM
cblr-8481	950	20	,	,	PUNCT
cblr-8481	950	21	313	313	NUM
cblr-8481	950	22	(	(	PUNCT
cblr-8481	950	23	2007	2007	NUM
cblr-8481	950	24	)	)	PUNCT
cblr-8481	950	25	.	.	PUNCT
cblr-8481	951	1	note	note	VERB
cblr-8481	951	2	lieberman	lieberman	PROPN
cblr-8481	951	3	6/13/2021	6/13/2021	NUM
cblr-8481	951	4	8:45	8:45	NUM
cblr-8481	951	5	pm	pm	NOUN
cblr-8481	951	6	404	404	NUM
cblr-8481	951	7	columbia	columbia	PROPN
cblr-8481	951	8	business	business	NOUN
cblr-8481	951	9	law	law	PROPN
cblr-8481	951	10	review	review	NOUN
cblr-8481	951	11	[	[	X
cblr-8481	951	12	vol	vol	NOUN
cblr-8481	951	13	.	.	PUNCT
cblr-8481	951	14	2021	2021	NUM
cblr-8481	951	15	wary	wary	ADJ
cblr-8481	951	16	,	,	PUNCT
cblr-8481	951	17	chilled	chill	VERB
cblr-8481	951	18	the	the	DET
cblr-8481	951	19	initial	initial	ADJ
cblr-8481	951	20	public	public	ADJ
cblr-8481	951	21	offering	offering	NOUN
cblr-8481	951	22	market	market	NOUN
cblr-8481	951	23	,	,	PUNCT
cblr-8481	951	24	and	and	CCONJ
cblr-8481	951	25	caused	cause	VERB
cblr-8481	951	26	investors	investor	NOUN
cblr-8481	951	27	to	to	PART
cblr-8481	951	28	demand	demand	VERB
cblr-8481	951	29	a	a	DET
cblr-8481	951	30	higher	high	ADJ
cblr-8481	951	31	return	return	NOUN
cblr-8481	951	32	based	base	VERB
cblr-8481	951	33	on	on	ADP
cblr-8481	951	34	the	the	DET
cblr-8481	951	35	perceived	perceive	VERB
cblr-8481	951	36	higher	high	ADJ
cblr-8481	951	37	risks	risk	NOUN
cblr-8481	951	38	.	.	PUNCT
cblr-8481	952	1	”216	”216	NOUN
cblr-8481	952	2	the	the	DET
cblr-8481	952	3	impact	impact	NOUN
cblr-8481	952	4	goes	go	VERB
cblr-8481	952	5	beyond	beyond	ADP
cblr-8481	952	6	financial	financial	ADJ
cblr-8481	952	7	markets	market	NOUN
cblr-8481	952	8	,	,	PUNCT
cblr-8481	952	9	for	for	ADP
cblr-8481	952	10	“	"	PUNCT
cblr-8481	952	11	[	[	X
cblr-8481	952	12	w]hen	w]hen	ADV
cblr-8481	952	13	the	the	DET
cblr-8481	952	14	cost	cost	NOUN
cblr-8481	952	15	of	of	ADP
cblr-8481	952	16	capital	capital	NOUN
cblr-8481	952	17	rises	rise	NOUN
cblr-8481	952	18	,	,	PUNCT
cblr-8481	952	19	the	the	DET
cblr-8481	952	20	economy	economy	NOUN
cblr-8481	952	21	as	as	ADP
cblr-8481	952	22	a	a	DET
cblr-8481	952	23	whole	whole	ADJ
cblr-8481	952	24	suffers	suffer	NOUN
cblr-8481	952	25	,	,	PUNCT
cblr-8481	952	26	as	as	SCONJ
cblr-8481	952	27	gross	gross	ADJ
cblr-8481	952	28	national	national	ADJ
cblr-8481	952	29	product	product	NOUN
cblr-8481	952	30	declines	decline	VERB
cblr-8481	952	31	or	or	CCONJ
cblr-8481	952	32	stagnates	stagnate	VERB
cblr-8481	952	33	,	,	PUNCT
cblr-8481	952	34	and	and	CCONJ
cblr-8481	952	35	unemployment	unemployment	NOUN
cblr-8481	952	36	may	may	AUX
cblr-8481	952	37	increase	increase	VERB
cblr-8481	952	38	.	.	PUNCT
cblr-8481	953	1	as	as	ADP
cblr-8481	953	2	a	a	DET
cblr-8481	953	3	result	result	NOUN
cblr-8481	953	4	,	,	PUNCT
cblr-8481	953	5	not	not	PART
cblr-8481	953	6	only	only	ADV
cblr-8481	953	7	investors	investor	NOUN
cblr-8481	953	8	,	,	PUNCT
cblr-8481	953	9	but	but	CCONJ
cblr-8481	953	10	also	also	ADV
cblr-8481	953	11	citizens	citizen	NOUN
cblr-8481	953	12	throughout	throughout	ADP
cblr-8481	953	13	society	society	NOUN
cblr-8481	953	14	experience	experience	NOUN
cblr-8481	953	15	a	a	DET
cblr-8481	953	16	loss	loss	NOUN
cblr-8481	953	17	.	.	PUNCT
cblr-8481	953	18	”217	”217	PUNCT
cblr-8481	953	19	the	the	DET
cblr-8481	953	20	fundamental	fundamental	ADJ
cblr-8481	953	21	issue	issue	NOUN
cblr-8481	953	22	with	with	ADP
cblr-8481	953	23	the	the	DET
cblr-8481	953	24	restrictions	restriction	NOUN
cblr-8481	953	25	on	on	ADP
cblr-8481	953	26	primary	primary	ADJ
cblr-8481	953	27	liability	liability	NOUN
cblr-8481	953	28	imposed	impose	VERB
cblr-8481	953	29	by	by	ADP
cblr-8481	953	30	janus	janus	PROPN
cblr-8481	953	31	is	be	AUX
cblr-8481	953	32	that	that	SCONJ
cblr-8481	953	33	they	they	PRON
cblr-8481	953	34	do	do	VERB
cblr-8481	953	35	nothing	nothing	PRON
cblr-8481	953	36	to	to	PART
cblr-8481	953	37	solve	solve	VERB
cblr-8481	953	38	the	the	DET
cblr-8481	953	39	deterrence	deterrence	NOUN
cblr-8481	953	40	issues	issue	NOUN
cblr-8481	953	41	with	with	ADP
cblr-8481	953	42	private	private	ADJ
cblr-8481	953	43	securities	security	NOUN
cblr-8481	953	44	litigation	litigation	NOUN
cblr-8481	953	45	.	.	PUNCT
cblr-8481	954	1	for	for	ADP
cblr-8481	954	2	example	example	NOUN
cblr-8481	954	3	,	,	PUNCT
cblr-8481	954	4	by	by	ADP
cblr-8481	954	5	restricting	restrict	VERB
cblr-8481	954	6	private	private	ADJ
cblr-8481	954	7	suits	suit	NOUN
cblr-8481	954	8	against	against	ADP
cblr-8481	954	9	“	"	PUNCT
cblr-8481	954	10	non	non	ADJ
cblr-8481	954	11	-	-	NOUN
cblr-8481	954	12	maker	maker	ADJ
cblr-8481	954	13	”	"	PUNCT
cblr-8481	954	14	participants	participant	NOUN
cblr-8481	954	15	in	in	ADP
cblr-8481	954	16	the	the	DET
cblr-8481	954	17	creation	creation	NOUN
cblr-8481	954	18	of	of	ADP
cblr-8481	954	19	false	false	ADJ
cblr-8481	954	20	statements	statement	NOUN
cblr-8481	954	21	,	,	PUNCT
cblr-8481	954	22	janus	janus	PROPN
cblr-8481	954	23	does	do	AUX
cblr-8481	954	24	not	not	PART
cblr-8481	954	25	solve	solve	VERB
cblr-8481	954	26	the	the	DET
cblr-8481	954	27	problems	problem	NOUN
cblr-8481	954	28	associated	associate	VERB
cblr-8481	954	29	with	with	ADP
cblr-8481	954	30	shareholders	shareholder	NOUN
cblr-8481	954	31	bearing	bear	VERB
cblr-8481	954	32	litigation	litigation	NOUN
cblr-8481	954	33	costs	cost	NOUN
cblr-8481	954	34	;	;	PUNCT
cblr-8481	954	35	it	it	PRON
cblr-8481	954	36	allows	allow	VERB
cblr-8481	954	37	many	many	ADJ
cblr-8481	954	38	of	of	ADP
cblr-8481	954	39	the	the	DET
cblr-8481	954	40	most	most	ADV
cblr-8481	954	41	culpable	culpable	ADJ
cblr-8481	954	42	actors	actor	NOUN
cblr-8481	954	43	(	(	PUNCT
cblr-8481	954	44	namely	namely	ADV
cblr-8481	954	45	insiders	insider	NOUN
cblr-8481	954	46	and	and	CCONJ
cblr-8481	954	47	outside	outside	ADJ
cblr-8481	954	48	advisors	advisor	NOUN
cblr-8481	954	49	)	)	PUNCT
cblr-8481	954	50	to	to	PART
cblr-8481	954	51	escape	escape	VERB
cblr-8481	954	52	liability	liability	NOUN
cblr-8481	954	53	.	.	PUNCT
cblr-8481	955	1	this	this	PRON
cblr-8481	955	2	curtails	curtail	VERB
cblr-8481	955	3	the	the	DET
cblr-8481	955	4	private	private	ADJ
cblr-8481	955	5	right	right	NOUN
cblr-8481	955	6	of	of	ADP
cblr-8481	955	7	action	action	NOUN
cblr-8481	955	8	without	without	ADP
cblr-8481	955	9	addressing	address	VERB
cblr-8481	955	10	its	its	PRON
cblr-8481	955	11	systemic	systemic	ADJ
cblr-8481	955	12	problems	problem	NOUN
cblr-8481	955	13	,	,	PUNCT
cblr-8481	955	14	which	which	PRON
cblr-8481	955	15	is	be	AUX
cblr-8481	955	16	why	why	SCONJ
cblr-8481	955	17	coffee	coffee	NOUN
cblr-8481	955	18	’s	’s	PART
cblr-8481	955	19	desired	desire	VERB
cblr-8481	955	20	reforms	reform	NOUN
cblr-8481	955	21	“	"	PUNCT
cblr-8481	955	22	would	would	AUX
cblr-8481	955	23	require	require	VERB
cblr-8481	955	24	plaintiffs	plaintiff	NOUN
cblr-8481	955	25	’	'	PUNCT
cblr-8481	955	26	attorneys	attorney	NOUN
cblr-8481	955	27	to	to	PART
cblr-8481	955	28	sue	sue	VERB
cblr-8481	955	29	the	the	DET
cblr-8481	955	30	corporate	corporate	ADJ
cblr-8481	955	31	insiders	insider	NOUN
cblr-8481	955	32	and	and	CCONJ
cblr-8481	955	33	the	the	DET
cblr-8481	955	34	corporation	corporation	NOUN
cblr-8481	955	35	’s	’s	PART
cblr-8481	955	36	gatekeepers	gatekeeper	NOUN
cblr-8481	955	37	(	(	PUNCT
cblr-8481	955	38	e.g.	e.g.	ADV
cblr-8481	955	39	,	,	PUNCT
cblr-8481	955	40	its	its	PRON
cblr-8481	955	41	investment	investment	NOUN
cblr-8481	955	42	bankers	banker	NOUN
cblr-8481	955	43	,	,	PUNCT
cblr-8481	955	44	auditors	auditor	NOUN
cblr-8481	955	45	,	,	PUNCT
cblr-8481	955	46	and	and	CCONJ
cblr-8481	955	47	attorneys	attorney	NOUN
cblr-8481	955	48	)	)	PUNCT
cblr-8481	955	49	,	,	PUNCT
cblr-8481	955	50	not	not	PART
cblr-8481	955	51	the	the	DET
cblr-8481	955	52	issuer	issuer	NOUN
cblr-8481	955	53	,	,	PUNCT
cblr-8481	955	54	in	in	ADP
cblr-8481	955	55	order	order	NOUN
cblr-8481	955	56	to	to	PART
cblr-8481	955	57	obtain	obtain	VERB
cblr-8481	955	58	their	their	PRON
cblr-8481	955	59	recovery	recovery	NOUN
cblr-8481	955	60	.	.	PUNCT
cblr-8481	956	1	”218	”218	PROPN
cblr-8481	956	2	janus	janus	PROPN
cblr-8481	956	3	,	,	PUNCT
cblr-8481	956	4	by	by	ADP
cblr-8481	956	5	contrast	contrast	NOUN
cblr-8481	956	6	,	,	PUNCT
cblr-8481	956	7	makes	make	VERB
cblr-8481	956	8	it	it	PRON
cblr-8481	956	9	more	more	ADV
cblr-8481	956	10	likely	likely	ADJ
cblr-8481	956	11	that	that	SCONJ
cblr-8481	956	12	the	the	DET
cblr-8481	956	13	issuer	issuer	ADJ
cblr-8481	956	14	corporation	corporation	NOUN
cblr-8481	956	15	will	will	AUX
cblr-8481	956	16	be	be	AUX
cblr-8481	956	17	the	the	DET
cblr-8481	956	18	main	main	ADJ
cblr-8481	956	19	entity	entity	NOUN
cblr-8481	956	20	held	hold	VERB
cblr-8481	956	21	liable	liable	ADJ
cblr-8481	956	22	.	.	PUNCT
cblr-8481	957	1	while	while	SCONJ
cblr-8481	957	2	the	the	DET
cblr-8481	957	3	highest	high	ADJ
cblr-8481	957	4	-	-	PUNCT
cblr-8481	957	5	level	level	NOUN
cblr-8481	957	6	executives	executive	NOUN
cblr-8481	957	7	may	may	AUX
cblr-8481	957	8	be	be	AUX
cblr-8481	957	9	liable	liable	ADJ
cblr-8481	957	10	as	as	ADP
cblr-8481	957	11	“	"	PUNCT
cblr-8481	957	12	makers	maker	NOUN
cblr-8481	957	13	,	,	PUNCT
cblr-8481	957	14	”	"	PUNCT
cblr-8481	957	15	“	"	PUNCT
cblr-8481	957	16	[	[	X
cblr-8481	957	17	e]xplicit	e]xplicit	ADJ
cblr-8481	957	18	attribution	attribution	NOUN
cblr-8481	957	19	typically	typically	ADV
cblr-8481	957	20	disappears	disappear	VERB
cblr-8481	957	21	as	as	SCONJ
cblr-8481	957	22	we	we	PRON
cblr-8481	957	23	move	move	VERB
cblr-8481	957	24	down	down	ADP
cblr-8481	957	25	the	the	DET
cblr-8481	957	26	corporate	corporate	ADJ
cblr-8481	957	27	hierarchy	hierarchy	NOUN
cblr-8481	957	28	.	.	PUNCT
cblr-8481	958	1	.	.	PUNCT
cblr-8481	959	1	.	.	PUNCT
cblr-8481	960	1	,	,	PUNCT
cblr-8481	961	1	and	and	CCONJ
cblr-8481	961	2	so	so	ADV
cblr-8481	961	3	it	it	PRON
cblr-8481	961	4	becomes	become	VERB
cblr-8481	961	5	harder	hard	ADJ
cblr-8481	961	6	to	to	PART
cblr-8481	961	7	declare	declare	VERB
cblr-8481	961	8	the	the	DET
cblr-8481	961	9	deceptive	deceptive	ADJ
cblr-8481	961	10	actions	action	NOUN
cblr-8481	961	11	of	of	ADP
cblr-8481	961	12	,	,	PUNCT
cblr-8481	961	13	say	say	INTJ
cblr-8481	961	14	,	,	PUNCT
cblr-8481	961	15	a	a	DET
cblr-8481	961	16	vice	vice	NOUN
cblr-8481	961	17	president	president	NOUN
cblr-8481	961	18	to	to	PART
cblr-8481	961	19	be	be	AUX
cblr-8481	961	20	a	a	DET
cblr-8481	961	21	violation	violation	NOUN
cblr-8481	961	22	of	of	ADP
cblr-8481	961	23	rule	rule	NOUN
cblr-8481	961	24	10b-5.”219	10b-5.”219	NUM
cblr-8481	961	25	by	by	ADP
cblr-8481	961	26	focusing	focus	VERB
cblr-8481	961	27	litigation	litigation	NOUN
cblr-8481	961	28	on	on	ADP
cblr-8481	961	29	officers	officer	NOUN
cblr-8481	961	30	whose	whose	DET
cblr-8481	961	31	costs	cost	NOUN
cblr-8481	961	32	are	be	AUX
cblr-8481	961	33	likely	likely	ADJ
cblr-8481	961	34	to	to	PART
cblr-8481	961	35	be	be	AUX
cblr-8481	961	36	covered	cover	VERB
cblr-8481	961	37	by	by	ADP
cblr-8481	961	38	d&o	d&o	NOUN
cblr-8481	961	39	insurance	insurance	NOUN
cblr-8481	961	40	or	or	CCONJ
cblr-8481	961	41	by	by	ADP
cblr-8481	961	42	the	the	DET
cblr-8481	961	43	corporation	corporation	NOUN
cblr-8481	961	44	,	,	PUNCT
cblr-8481	961	45	the	the	DET
cblr-8481	961	46	court	court	NOUN
cblr-8481	961	47	is	be	AUX
cblr-8481	961	48	undermining	undermine	VERB
cblr-8481	961	49	the	the	DET
cblr-8481	961	50	deterrent	deterrent	NOUN
cblr-8481	961	51	impact	impact	NOUN
cblr-8481	961	52	of	of	ADP
cblr-8481	961	53	private	private	ADJ
cblr-8481	961	54	suits.220	suits.220	ADJ
cblr-8481	961	55	216	216	NUM
cblr-8481	961	56	coffee	coffee	NOUN
cblr-8481	961	57	,	,	PUNCT
cblr-8481	961	58	supra	supra	PROPN
cblr-8481	961	59	note	note	NOUN
cblr-8481	961	60	191	191	NUM
cblr-8481	961	61	,	,	PUNCT
cblr-8481	961	62	at	at	ADP
cblr-8481	961	63	1565	1565	NUM
cblr-8481	961	64	.	.	PUNCT
cblr-8481	962	1	217	217	NUM
cblr-8481	963	1	i	i	PRON
cblr-8481	963	2	d.	d.	PROPN
cblr-8481	963	3	218	218	NUM
cblr-8481	964	1	i	i	PRON
cblr-8481	964	2	d.	d.	PROPN
cblr-8481	964	3	at	at	ADP
cblr-8481	964	4	1582	1582	NUM
cblr-8481	964	5	.	.	PUNCT
cblr-8481	965	1	219	219	NUM
cblr-8481	965	2	donald	donald	PROPN
cblr-8481	965	3	c.	c.	PROPN
cblr-8481	965	4	langevoort	langevoort	PROPN
cblr-8481	965	5	,	,	PUNCT
cblr-8481	965	6	lies	lie	VERB
cblr-8481	965	7	without	without	ADP
cblr-8481	965	8	liars	liar	NOUN
cblr-8481	965	9	:	:	PUNCT
cblr-8481	965	10	janus	janus	ADJ
cblr-8481	965	11	capital	capital	NOUN
cblr-8481	965	12	and	and	CCONJ
cblr-8481	965	13	conservative	conservative	ADJ
cblr-8481	965	14	securities	security	NOUN
cblr-8481	965	15	jurisprudence	jurisprudence	NOUN
cblr-8481	965	16	,	,	PUNCT
cblr-8481	965	17	90	90	NUM
cblr-8481	965	18	wash	wash	NOUN
cblr-8481	965	19	.	.	PUNCT
cblr-8481	966	1	u.	u.	PROPN
cblr-8481	966	2	l.	l.	PROPN
cblr-8481	966	3	rev	rev	PROPN
cblr-8481	966	4	.	.	PROPN
cblr-8481	966	5	933	933	NUM
cblr-8481	966	6	,	,	PUNCT
cblr-8481	966	7	955–56	955–56	NUM
cblr-8481	966	8	(	(	PUNCT
cblr-8481	966	9	2013	2013	NUM
cblr-8481	966	10	)	)	PUNCT
cblr-8481	966	11	.	.	PUNCT
cblr-8481	967	1	220	220	NUM
cblr-8481	967	2	it	it	PRON
cblr-8481	967	3	is	be	AUX
cblr-8481	967	4	important	important	ADJ
cblr-8481	967	5	to	to	PART
cblr-8481	967	6	note	note	VERB
cblr-8481	967	7	here	here	ADV
cblr-8481	967	8	that	that	SCONJ
cblr-8481	967	9	even	even	ADV
cblr-8481	967	10	without	without	ADP
cblr-8481	967	11	the	the	DET
cblr-8481	967	12	current	current	ADJ
cblr-8481	967	13	d&o	d&o	NOUN
cblr-8481	967	14	insurance	insurance	NOUN
cblr-8481	967	15	scheme	scheme	NOUN
cblr-8481	967	16	,	,	PUNCT
cblr-8481	967	17	having	have	VERB
cblr-8481	967	18	insiders	insider	NOUN
cblr-8481	967	19	down	down	ADP
cblr-8481	967	20	the	the	DET
cblr-8481	967	21	corporate	corporate	ADJ
cblr-8481	967	22	ladder	ladder	NOUN
cblr-8481	967	23	be	be	AUX
cblr-8481	967	24	liable	liable	ADJ
cblr-8481	967	25	would	would	AUX
cblr-8481	967	26	make	make	VERB
cblr-8481	967	27	sense	sense	NOUN
cblr-8481	967	28	as	as	ADP
cblr-8481	967	29	a	a	DET
cblr-8481	967	30	means	means	NOUN
cblr-8481	967	31	of	of	ADP
cblr-8481	967	32	deterrence	deterrence	NOUN
cblr-8481	967	33	.	.	PUNCT
cblr-8481	968	1	it	it	PRON
cblr-8481	968	2	would	would	AUX
cblr-8481	968	3	cause	cause	VERB
cblr-8481	968	4	every	every	DET
cblr-8481	968	5	person	person	NOUN
cblr-8481	968	6	who	who	PRON
cblr-8481	968	7	participates	participate	VERB
cblr-8481	968	8	in	in	ADP
cblr-8481	968	9	the	the	DET
cblr-8481	968	10	creation	creation	NOUN
cblr-8481	968	11	and	and	CCONJ
cblr-8481	968	12	dissemination	dissemination	NOUN
cblr-8481	968	13	of	of	ADP
cblr-8481	968	14	a	a	DET
cblr-8481	968	15	statement	statement	NOUN
cblr-8481	968	16	to	to	PART
cblr-8481	968	17	pause	pause	VERB
cblr-8481	968	18	note	note	NOUN
cblr-8481	968	19	–	–	PUNCT
cblr-8481	968	20	lieberman	lieberman	PROPN
cblr-8481	968	21	6/13/2021	6/13/2021	NUM
cblr-8481	968	22	8:45	8:45	NUM
cblr-8481	968	23	pm	pm	NOUN
cblr-8481	968	24	no	no	INTJ
cblr-8481	968	25	.	.	PUNCT
cblr-8481	969	1	1:352	1:352	NUM
cblr-8481	969	2	]	]	X
cblr-8481	969	3	lorenzo	lorenzo	PROPN
cblr-8481	969	4	v.	v.	ADP
cblr-8481	969	5	sec	sec	PROPN
cblr-8481	969	6	and	and	CCONJ
cblr-8481	969	7	the	the	DET
cblr-8481	969	8	expansion	expansion	NOUN
cblr-8481	969	9	of	of	ADP
cblr-8481	969	10	scheme	scheme	NOUN
cblr-8481	969	11	liability	liability	NOUN
cblr-8481	969	12	405	405	NUM
cblr-8481	969	13	janus	janu	NOUN
cblr-8481	969	14	also	also	ADV
cblr-8481	969	15	ensures	ensure	VERB
cblr-8481	969	16	that	that	SCONJ
cblr-8481	969	17	“	"	PUNCT
cblr-8481	969	18	gatekeepers	gatekeeper	NOUN
cblr-8481	969	19	”	"	PUNCT
cblr-8481	969	20	and	and	CCONJ
cblr-8481	969	21	outside	outside	ADP
cblr-8481	969	22	advisers	adviser	NOUN
cblr-8481	969	23	,	,	PUNCT
cblr-8481	969	24	such	such	ADJ
cblr-8481	969	25	as	as	ADP
cblr-8481	969	26	attorneys	attorney	NOUN
cblr-8481	969	27	and	and	CCONJ
cblr-8481	969	28	accountants	accountant	NOUN
cblr-8481	969	29	,	,	PUNCT
cblr-8481	969	30	mostly	mostly	ADV
cblr-8481	969	31	can	can	AUX
cblr-8481	969	32	escape	escape	VERB
cblr-8481	969	33	primary	primary	ADJ
cblr-8481	969	34	liability221	liability221	PROPN
cblr-8481	969	35	despite	despite	SCONJ
cblr-8481	969	36	the	the	DET
cblr-8481	969	37	fact	fact	NOUN
cblr-8481	969	38	that	that	SCONJ
cblr-8481	969	39	“	"	PUNCT
cblr-8481	969	40	[	[	X
cblr-8481	969	41	i]f	i]f	ADP
cblr-8481	969	42	the	the	DET
cblr-8481	969	43	gatekeepers	gatekeeper	NOUN
cblr-8481	969	44	are	be	AUX
cblr-8481	969	45	adequately	adequately	ADV
cblr-8481	969	46	deterred	deter	VERB
cblr-8481	969	47	,	,	PUNCT
cblr-8481	969	48	they	they	PRON
cblr-8481	969	49	will	will	AUX
cblr-8481	969	50	block	block	VERB
cblr-8481	969	51	transactions	transaction	NOUN
cblr-8481	969	52	,	,	PUNCT
cblr-8481	969	53	even	even	ADV
cblr-8481	969	54	though	though	SCONJ
cblr-8481	969	55	the	the	DET
cblr-8481	969	56	primary	primary	ADJ
cblr-8481	969	57	violator	violator	NOUN
cblr-8481	969	58	would	would	AUX
cblr-8481	969	59	willingly	willingly	ADV
cblr-8481	969	60	proceed	proceed	VERB
cblr-8481	969	61	with	with	ADP
cblr-8481	969	62	them	they	PRON
cblr-8481	969	63	.	.	PUNCT
cblr-8481	970	1	”222	”222	NOUN
cblr-8481	970	2	this	this	PRON
cblr-8481	970	3	means	mean	VERB
cblr-8481	970	4	that	that	SCONJ
cblr-8481	970	5	,	,	PUNCT
cblr-8481	970	6	without	without	ADP
cblr-8481	970	7	a	a	DET
cblr-8481	970	8	corresponding	corresponding	ADJ
cblr-8481	970	9	increase	increase	NOUN
cblr-8481	970	10	in	in	ADP
cblr-8481	970	11	the	the	DET
cblr-8481	970	12	reach	reach	NOUN
cblr-8481	970	13	of	of	ADP
cblr-8481	970	14	the	the	DET
cblr-8481	970	15	scheme	scheme	NOUN
cblr-8481	970	16	liability	liability	NOUN
cblr-8481	970	17	provisions	provision	NOUN
cblr-8481	970	18	,	,	PUNCT
cblr-8481	970	19	janus	janus	PROPN
cblr-8481	970	20	serves	serve	VERB
cblr-8481	970	21	to	to	PART
cblr-8481	970	22	“	"	PUNCT
cblr-8481	970	23	give	give	VERB
cblr-8481	970	24	.	.	PUNCT
cblr-8481	970	25	.	.	PUNCT
cblr-8481	970	26	.	.	PUNCT
cblr-8481	971	1	gatekeepers	gatekeeper	NOUN
cblr-8481	971	2	immunity	immunity	NOUN
cblr-8481	971	3	from	from	ADP
cblr-8481	971	4	private	private	ADJ
cblr-8481	971	5	liability	liability	NOUN
cblr-8481	971	6	”	"	PUNCT
cblr-8481	971	7	and	and	CCONJ
cblr-8481	971	8	therefore	therefore	ADV
cblr-8481	971	9	“	"	PUNCT
cblr-8481	971	10	abandon[s	abandon[	VERB
cblr-8481	971	11	]	]	PUNCT
cblr-8481	971	12	what	what	PRON
cblr-8481	971	13	logically	logically	ADV
cblr-8481	971	14	is	be	AUX
cblr-8481	971	15	the	the	DET
cblr-8481	971	16	most	most	ADV
cblr-8481	971	17	efficient	efficient	ADJ
cblr-8481	971	18	technique	technique	NOUN
cblr-8481	971	19	for	for	ADP
cblr-8481	971	20	deterrence	deterrence	NOUN
cblr-8481	971	21	:	:	PUNCT
cblr-8481	971	22	namely	namely	ADV
cblr-8481	971	23	,	,	PUNCT
cblr-8481	971	24	[	[	X
cblr-8481	971	25	a	a	X
cblr-8481	971	26	]	]	X
cblr-8481	971	27	focus	focus	NOUN
cblr-8481	971	28	on	on	ADP
cblr-8481	971	29	the	the	DET
cblr-8481	971	30	party	party	NOUN
cblr-8481	971	31	who	who	PRON
cblr-8481	971	32	has	have	VERB
cblr-8481	971	33	both	both	CCONJ
cblr-8481	971	34	the	the	DET
cblr-8481	971	35	ability	ability	NOUN
cblr-8481	971	36	to	to	PART
cblr-8481	971	37	block	block	VERB
cblr-8481	971	38	the	the	DET
cblr-8481	971	39	illicit	illicit	ADJ
cblr-8481	971	40	transaction	transaction	NOUN
cblr-8481	971	41	and	and	CCONJ
cblr-8481	971	42	the	the	DET
cblr-8481	971	43	weakest	weak	ADJ
cblr-8481	971	44	incentive	incentive	NOUN
cblr-8481	971	45	to	to	PART
cblr-8481	971	46	engage	engage	VERB
cblr-8481	971	47	in	in	ADP
cblr-8481	971	48	it	it	PRON
cblr-8481	971	49	.	.	PUNCT
cblr-8481	972	1	”223	”223	NOUN
cblr-8481	972	2	using	use	VERB
cblr-8481	972	3	the	the	DET
cblr-8481	972	4	“	"	PUNCT
cblr-8481	972	5	modified	modified	ADJ
cblr-8481	972	6	creator	creator	NOUN
cblr-8481	972	7	standard	standard	NOUN
cblr-8481	972	8	”	"	PUNCT
cblr-8481	972	9	to	to	PART
cblr-8481	972	10	expand	expand	VERB
cblr-8481	972	11	scheme	scheme	NOUN
cblr-8481	972	12	liability	liability	NOUN
cblr-8481	972	13	will	will	AUX
cblr-8481	972	14	further	further	VERB
cblr-8481	972	15	the	the	DET
cblr-8481	972	16	deterrent	deterrent	NOUN
cblr-8481	972	17	aims	aim	NOUN
cblr-8481	972	18	of	of	ADP
cblr-8481	972	19	10b-5	10b-5	NUM
cblr-8481	972	20	without	without	ADP
cblr-8481	972	21	contributing	contribute	VERB
cblr-8481	972	22	to	to	ADP
cblr-8481	972	23	some	some	PRON
cblr-8481	972	24	of	of	ADP
cblr-8481	972	25	the	the	DET
cblr-8481	972	26	main	main	ADJ
cblr-8481	972	27	issues	issue	NOUN
cblr-8481	972	28	that	that	PRON
cblr-8481	972	29	underly	underly	ADV
cblr-8481	972	30	private	private	ADJ
cblr-8481	972	31	litigation	litigation	NOUN
cblr-8481	972	32	,	,	PUNCT
cblr-8481	972	33	like	like	ADP
cblr-8481	972	34	the	the	DET
cblr-8481	972	35	issue	issue	NOUN
cblr-8481	972	36	of	of	ADP
cblr-8481	972	37	who	who	PRON
cblr-8481	972	38	bears	bear	VERB
cblr-8481	972	39	litigation	litigation	NOUN
cblr-8481	972	40	costs	cost	NOUN
cblr-8481	972	41	.	.	PUNCT
cblr-8481	973	1	while	while	SCONJ
cblr-8481	973	2	other	other	ADJ
cblr-8481	973	3	reforms	reform	NOUN
cblr-8481	973	4	perhaps	perhaps	ADV
cblr-8481	973	5	should	should	AUX
cblr-8481	973	6	be	be	AUX
cblr-8481	973	7	pursued,224	pursued,224	ADJ
cblr-8481	973	8	the	the	DET
cblr-8481	973	9	point	point	NOUN
cblr-8481	973	10	is	be	AUX
cblr-8481	973	11	that	that	SCONJ
cblr-8481	973	12	limiting	limit	VERB
cblr-8481	973	13	liability	liability	NOUN
cblr-8481	973	14	to	to	ADP
cblr-8481	973	15	persons	person	NOUN
cblr-8481	973	16	with	with	ADP
cblr-8481	973	17	“	"	PUNCT
cblr-8481	973	18	ultimate	ultimate	ADJ
cblr-8481	973	19	control”225	control”225	NOUN
cblr-8481	973	20	over	over	ADV
cblr-8481	973	21	prior	prior	ADV
cblr-8481	973	22	to	to	ADP
cblr-8481	973	23	drafting	draft	VERB
cblr-8481	973	24	,	,	PUNCT
cblr-8481	973	25	ratifying	ratify	VERB
cblr-8481	973	26	,	,	PUNCT
cblr-8481	973	27	or	or	CCONJ
cblr-8481	973	28	sending	send	VERB
cblr-8481	973	29	out	out	ADP
cblr-8481	973	30	such	such	ADJ
cblr-8481	973	31	information	information	NOUN
cblr-8481	973	32	to	to	ADP
cblr-8481	973	33	the	the	DET
cblr-8481	973	34	investing	investing	NOUN
cblr-8481	973	35	public	public	NOUN
cblr-8481	973	36	.	.	PUNCT
cblr-8481	974	1	however	however	ADV
cblr-8481	974	2	,	,	PUNCT
cblr-8481	974	3	the	the	DET
cblr-8481	974	4	prevalence	prevalence	NOUN
cblr-8481	974	5	of	of	ADP
cblr-8481	974	6	d&o	d&o	NOUN
cblr-8481	974	7	insurance	insurance	NOUN
cblr-8481	974	8	does	do	AUX
cblr-8481	974	9	heighten	heighten	VERB
cblr-8481	974	10	the	the	DET
cblr-8481	974	11	benefits	benefit	NOUN
cblr-8481	974	12	of	of	ADP
cblr-8481	974	13	holding	hold	VERB
cblr-8481	974	14	more	more	ADJ
cblr-8481	974	15	actors	actor	NOUN
cblr-8481	974	16	down	down	ADP
cblr-8481	974	17	the	the	DET
cblr-8481	974	18	corporate	corporate	ADJ
cblr-8481	974	19	ladder	ladder	NOUN
cblr-8481	974	20	liable	liable	ADJ
cblr-8481	974	21	because	because	SCONJ
cblr-8481	974	22	it	it	PRON
cblr-8481	974	23	will	will	AUX
cblr-8481	974	24	ensure	ensure	VERB
cblr-8481	974	25	that	that	SCONJ
cblr-8481	974	26	at	at	ADV
cblr-8481	974	27	least	least	ADJ
cblr-8481	974	28	some	some	PRON
cblr-8481	974	29	of	of	ADP
cblr-8481	974	30	the	the	DET
cblr-8481	974	31	participants	participant	NOUN
cblr-8481	974	32	are	be	AUX
cblr-8481	974	33	not	not	PART
cblr-8481	974	34	covered	cover	VERB
cblr-8481	974	35	by	by	ADP
cblr-8481	974	36	d&o	d&o	NOUN
cblr-8481	974	37	insurance	insurance	NOUN
cblr-8481	974	38	and	and	CCONJ
cblr-8481	974	39	therefore	therefore	ADV
cblr-8481	974	40	will	will	AUX
cblr-8481	974	41	be	be	AUX
cblr-8481	974	42	deterred	deter	VERB
cblr-8481	974	43	.	.	PUNCT
cblr-8481	975	1	221	221	NUM
cblr-8481	975	2	see	see	VERB
cblr-8481	975	3	supra	supra	PROPN
cblr-8481	975	4	section	section	NOUN
cblr-8481	975	5	ii.c	ii.c	VERB
cblr-8481	975	6	.	.	PUNCT
cblr-8481	976	1	222	222	NUM
cblr-8481	976	2	cosenza	cosenza	NOUN
cblr-8481	976	3	,	,	PUNCT
cblr-8481	976	4	supra	supra	PROPN
cblr-8481	976	5	note	note	PROPN
cblr-8481	976	6	134	134	NUM
cblr-8481	976	7	,	,	PUNCT
cblr-8481	976	8	at	at	ADP
cblr-8481	976	9	1078	1078	NUM
cblr-8481	976	10	n.342	n.342	NOUN
cblr-8481	976	11	(	(	PUNCT
cblr-8481	976	12	internal	internal	ADJ
cblr-8481	976	13	quotation	quotation	NOUN
cblr-8481	976	14	marks	mark	NOUN
cblr-8481	976	15	omitted	omit	VERB
cblr-8481	976	16	)	)	PUNCT
cblr-8481	976	17	(	(	PUNCT
cblr-8481	976	18	quoting	quote	VERB
cblr-8481	976	19	evaluating	evaluate	VERB
cblr-8481	976	20	s.1551	s.1551	ADP
cblr-8481	976	21	:	:	PUNCT
cblr-8481	976	22	the	the	DET
cblr-8481	976	23	liability	liability	NOUN
cblr-8481	976	24	for	for	ADP
cblr-8481	976	25	aiding	aid	VERB
cblr-8481	976	26	and	and	CCONJ
cblr-8481	976	27	abetting	abet	VERB
cblr-8481	976	28	securities	security	NOUN
cblr-8481	976	29	violations	violation	NOUN
cblr-8481	976	30	act	act	NOUN
cblr-8481	976	31	of	of	ADP
cblr-8481	976	32	2009	2009	NUM
cblr-8481	976	33	:	:	PUNCT
cblr-8481	976	34	hearing	hear	VERB
cblr-8481	976	35	before	before	ADP
cblr-8481	976	36	the	the	DET
cblr-8481	976	37	subcomm	subcomm	NOUN
cblr-8481	976	38	.	.	PUNCT
cblr-8481	977	1	on	on	ADP
cblr-8481	977	2	crime	crime	NOUN
cblr-8481	977	3	and	and	CCONJ
cblr-8481	977	4	drugs	drug	NOUN
cblr-8481	977	5	of	of	ADP
cblr-8481	977	6	the	the	DET
cblr-8481	977	7	s.	s.	PROPN
cblr-8481	977	8	comm	comm	NOUN
cblr-8481	977	9	.	.	PUNCT
cblr-8481	978	1	on	on	ADP
cblr-8481	978	2	the	the	DET
cblr-8481	978	3	judiciary	judiciary	NOUN
cblr-8481	978	4	,	,	PUNCT
cblr-8481	978	5	111th	111th	ADJ
cblr-8481	978	6	cong	cong	NOUN
cblr-8481	978	7	.	.	PUNCT
cblr-8481	979	1	4	4	NUM
cblr-8481	979	2	(	(	PUNCT
cblr-8481	979	3	2009	2009	NUM
cblr-8481	979	4	)	)	PUNCT
cblr-8481	980	1	[	[	X
cblr-8481	980	2	hereinafter	hereinafter	NOUN
cblr-8481	980	3	evaluating	evaluate	VERB
cblr-8481	980	4	s.1551	s.1551	ADP
cblr-8481	980	5	]	]	X
cblr-8481	980	6	(	(	PUNCT
cblr-8481	980	7	statement	statement	NOUN
cblr-8481	980	8	of	of	ADP
cblr-8481	980	9	john	john	PROPN
cblr-8481	980	10	c.	c.	PROPN
cblr-8481	980	11	coffee	coffee	PROPN
cblr-8481	980	12	,	,	PUNCT
cblr-8481	980	13	jr	jr	PROPN
cblr-8481	980	14	.	.	PROPN
cblr-8481	980	15	,	,	PUNCT
cblr-8481	980	16	adolf	adolf	PROPN
cblr-8481	980	17	a.	a.	PROPN
cblr-8481	980	18	berle	berle	PROPN
cblr-8481	980	19	professor	professor	PROPN
cblr-8481	980	20	of	of	ADP
cblr-8481	980	21	law	law	NOUN
cblr-8481	980	22	,	,	PUNCT
cblr-8481	980	23	colum	colum	NOUN
cblr-8481	980	24	.	.	PUNCT
cblr-8481	981	1	univ	univ	PROPN
cblr-8481	981	2	.	.	PUNCT
cblr-8481	982	1	l.	l.	PROPN
cblr-8481	982	2	sch	sch	PROPN
cblr-8481	982	3	.	.	PUNCT
cblr-8481	982	4	)	)	PUNCT
cblr-8481	982	5	)	)	PUNCT
cblr-8481	982	6	.	.	PUNCT
cblr-8481	983	1	223	223	NUM
cblr-8481	984	1	i	i	PRON
cblr-8481	984	2	d.	d.	PROPN
cblr-8481	984	3	(	(	PUNCT
cblr-8481	984	4	internal	internal	ADJ
cblr-8481	984	5	quotation	quotation	NOUN
cblr-8481	984	6	marks	mark	NOUN
cblr-8481	984	7	omitted	omit	VERB
cblr-8481	984	8	)	)	PUNCT
cblr-8481	984	9	(	(	PUNCT
cblr-8481	984	10	quoting	quote	VERB
cblr-8481	984	11	evaluating	evaluate	VERB
cblr-8481	984	12	s.1551	s.1551	ADP
cblr-8481	984	13	,	,	PUNCT
cblr-8481	984	14	supra	supra	PROPN
cblr-8481	984	15	note	note	PROPN
cblr-8481	984	16	222	222	NUM
cblr-8481	984	17	,	,	PUNCT
cblr-8481	984	18	at	at	ADP
cblr-8481	984	19	4	4	NUM
cblr-8481	984	20	(	(	PUNCT
cblr-8481	984	21	statement	statement	NOUN
cblr-8481	984	22	of	of	ADP
cblr-8481	984	23	john	john	PROPN
cblr-8481	984	24	c.	c.	PROPN
cblr-8481	984	25	coffee	coffee	PROPN
cblr-8481	984	26	,	,	PUNCT
cblr-8481	984	27	jr	jr	PROPN
cblr-8481	984	28	.	.	PROPN
cblr-8481	984	29	,	,	PUNCT
cblr-8481	984	30	adolf	adolf	PROPN
cblr-8481	984	31	a.	a.	PROPN
cblr-8481	984	32	berle	berle	PROPN
cblr-8481	984	33	professor	professor	PROPN
cblr-8481	984	34	of	of	ADP
cblr-8481	984	35	law	law	NOUN
cblr-8481	984	36	,	,	PUNCT
cblr-8481	984	37	colum	colum	NOUN
cblr-8481	984	38	.	.	PUNCT
cblr-8481	985	1	univ	univ	PROPN
cblr-8481	985	2	.	.	PUNCT
cblr-8481	986	1	l.	l.	PROPN
cblr-8481	986	2	sch	sch	PROPN
cblr-8481	986	3	.	.	PUNCT
cblr-8481	986	4	)	)	PUNCT
cblr-8481	986	5	)	)	PUNCT
cblr-8481	986	6	.	.	PUNCT
cblr-8481	987	1	224	224	NUM
cblr-8481	987	2	see	see	VERB
cblr-8481	987	3	,	,	PUNCT
cblr-8481	987	4	for	for	ADP
cblr-8481	987	5	example	example	NOUN
cblr-8481	987	6	,	,	PUNCT
cblr-8481	987	7	generally	generally	ADV
cblr-8481	987	8	coffee	coffee	NOUN
cblr-8481	987	9	,	,	PUNCT
cblr-8481	987	10	supra	supra	PROPN
cblr-8481	987	11	note	note	NOUN
cblr-8481	987	12	191	191	NUM
cblr-8481	987	13	,	,	PUNCT
cblr-8481	987	14	rose	rise	VERB
cblr-8481	987	15	,	,	PUNCT
cblr-8481	987	16	supra	supra	PROPN
cblr-8481	987	17	note	note	PROPN
cblr-8481	987	18	145	145	NUM
cblr-8481	987	19	,	,	PUNCT
cblr-8481	987	20	and	and	CCONJ
cblr-8481	987	21	steve	steve	PROPN
cblr-8481	987	22	thel	thel	PROPN
cblr-8481	987	23	,	,	PUNCT
cblr-8481	987	24	taking	take	VERB
cblr-8481	987	25	section	section	NOUN
cblr-8481	987	26	10(b	10(b	NUM
cblr-8481	987	27	)	)	PUNCT
cblr-8481	987	28	seriously	seriously	ADV
cblr-8481	987	29	:	:	PUNCT
cblr-8481	987	30	criminal	criminal	ADJ
cblr-8481	987	31	enforcement	enforcement	NOUN
cblr-8481	987	32	of	of	ADP
cblr-8481	987	33	sec	sec	PROPN
cblr-8481	987	34	rules	rule	NOUN
cblr-8481	987	35	,	,	PUNCT
cblr-8481	987	36	2014	2014	NUM
cblr-8481	987	37	colum	colum	NOUN
cblr-8481	987	38	.	.	PUNCT
cblr-8481	988	1	bus	bus	NOUN
cblr-8481	988	2	.	.	PUNCT
cblr-8481	989	1	l.	l.	PROPN
cblr-8481	989	2	rev	rev	PROPN
cblr-8481	989	3	.	.	PROPN
cblr-8481	989	4	1	1	NUM
cblr-8481	989	5	for	for	ADP
cblr-8481	989	6	differing	differ	VERB
cblr-8481	989	7	ideas	idea	NOUN
cblr-8481	989	8	regarding	regard	VERB
cblr-8481	989	9	reforming	reform	VERB
cblr-8481	989	10	private	private	ADJ
cblr-8481	989	11	securities	security	NOUN
cblr-8481	989	12	actions	action	NOUN
cblr-8481	989	13	.	.	PUNCT
cblr-8481	990	1	225	225	NUM
cblr-8481	990	2	see	see	VERB
cblr-8481	990	3	janus	janus	PROPN
cblr-8481	990	4	cap	cap	PROPN
cblr-8481	990	5	.	.	PUNCT
cblr-8481	991	1	grp	grp	PROPN
cblr-8481	991	2	.	.	PUNCT
cblr-8481	992	1	v.	v.	ADP
cblr-8481	992	2	first	first	ADJ
cblr-8481	992	3	derivative	derivative	ADJ
cblr-8481	992	4	traders	trader	NOUN
cblr-8481	992	5	,	,	PUNCT
cblr-8481	993	1	564	564	NUM
cblr-8481	993	2	u.s	u.s	PROPN
cblr-8481	993	3	.	.	PROPN
cblr-8481	993	4	135	135	NUM
cblr-8481	993	5	,	,	PUNCT
cblr-8481	993	6	143	143	NUM
cblr-8481	993	7	(	(	PUNCT
cblr-8481	993	8	2011	2011	NUM
cblr-8481	993	9	)	)	PUNCT
cblr-8481	993	10	.	.	PUNCT
cblr-8481	994	1	note	note	VERB
cblr-8481	994	2	lieberman	lieberman	PROPN
cblr-8481	994	3	6/13/2021	6/13/2021	NUM
cblr-8481	994	4	8:45	8:45	NUM
cblr-8481	994	5	pm	pm	NOUN
cblr-8481	994	6	406	406	NUM
cblr-8481	994	7	columbia	columbia	PROPN
cblr-8481	994	8	business	business	NOUN
cblr-8481	994	9	law	law	NOUN
cblr-8481	994	10	review	review	NOUN
cblr-8481	994	11	[	[	X
cblr-8481	994	12	vol	vol	NOUN
cblr-8481	994	13	.	.	NOUN
cblr-8481	994	14	2021	2021	NUM
cblr-8481	994	15	misstatements	misstatement	NOUN
cblr-8481	994	16	does	do	AUX
cblr-8481	994	17	not	not	PART
cblr-8481	994	18	solve	solve	VERB
cblr-8481	994	19	some	some	PRON
cblr-8481	994	20	of	of	ADP
cblr-8481	994	21	the	the	DET
cblr-8481	994	22	most	most	ADV
cblr-8481	994	23	significant	significant	ADJ
cblr-8481	994	24	issues	issue	NOUN
cblr-8481	994	25	with	with	ADP
cblr-8481	994	26	the	the	DET
cblr-8481	994	27	private	private	ADJ
cblr-8481	994	28	right	right	NOUN
cblr-8481	994	29	of	of	ADP
cblr-8481	994	30	action.226	action.226	PROPN
cblr-8481	994	31	c.	c.	PROPN
cblr-8481	994	32	guardrails	guardrail	NOUN
cblr-8481	994	33	against	against	ADP
cblr-8481	994	34	vexatious	vexatious	ADJ
cblr-8481	994	35	litigation	litigation	NOUN
cblr-8481	994	36	and	and	CCONJ
cblr-8481	994	37	the	the	DET
cblr-8481	994	38	issue	issue	NOUN
cblr-8481	994	39	of	of	ADP
cblr-8481	994	40	reliance	reliance	NOUN
cblr-8481	994	41	for	for	ADP
cblr-8481	994	42	those	those	PRON
cblr-8481	994	43	who	who	PRON
cblr-8481	994	44	fear	fear	VERB
cblr-8481	994	45	a	a	DET
cblr-8481	994	46	wave	wave	NOUN
cblr-8481	994	47	of	of	ADP
cblr-8481	994	48	increased	increase	VERB
cblr-8481	994	49	litigation	litigation	NOUN
cblr-8481	994	50	due	due	ADP
cblr-8481	994	51	to	to	ADP
cblr-8481	994	52	the	the	DET
cblr-8481	994	53	expansion	expansion	NOUN
cblr-8481	994	54	of	of	ADP
cblr-8481	994	55	the	the	DET
cblr-8481	994	56	private	private	ADJ
cblr-8481	994	57	right	right	NOUN
cblr-8481	994	58	of	of	ADP
cblr-8481	994	59	action	action	NOUN
cblr-8481	994	60	,	,	PUNCT
cblr-8481	994	61	there	there	PRON
cblr-8481	994	62	still	still	ADV
cblr-8481	994	63	are	be	AUX
cblr-8481	994	64	plenty	plenty	NOUN
cblr-8481	994	65	of	of	ADP
cblr-8481	994	66	hurdles	hurdle	NOUN
cblr-8481	994	67	for	for	ADP
cblr-8481	994	68	private	private	ADJ
cblr-8481	994	69	plaintiffs	plaintiff	NOUN
cblr-8481	994	70	to	to	PART
cblr-8481	994	71	ensure	ensure	VERB
cblr-8481	994	72	that	that	SCONJ
cblr-8481	994	73	only	only	ADV
cblr-8481	994	74	a	a	DET
cblr-8481	994	75	limited	limited	ADJ
cblr-8481	994	76	set	set	NOUN
cblr-8481	994	77	of	of	ADP
cblr-8481	994	78	cases	case	NOUN
cblr-8481	994	79	—	—	PUNCT
cblr-8481	994	80	those	those	PRON
cblr-8481	994	81	with	with	ADP
cblr-8481	994	82	merit	merit	NOUN
cblr-8481	994	83	—	—	PUNCT
cblr-8481	994	84	go	go	VERB
cblr-8481	994	85	forward	forward	ADV
cblr-8481	994	86	.	.	PUNCT
cblr-8481	995	1	using	use	VERB
cblr-8481	995	2	a	a	DET
cblr-8481	995	3	“	"	PUNCT
cblr-8481	995	4	modified	modified	ADJ
cblr-8481	995	5	creator	creator	NOUN
cblr-8481	995	6	standard	standard	NOUN
cblr-8481	995	7	”	"	PUNCT
cblr-8481	995	8	rather	rather	ADV
cblr-8481	995	9	than	than	ADP
cblr-8481	995	10	a	a	DET
cblr-8481	995	11	“	"	PUNCT
cblr-8481	995	12	substantial	substantial	ADJ
cblr-8481	995	13	participation	participation	NOUN
cblr-8481	995	14	test	test	NOUN
cblr-8481	995	15	”	"	PUNCT
cblr-8481	995	16	limits	limit	VERB
cblr-8481	995	17	primary	primary	ADJ
cblr-8481	995	18	liability	liability	NOUN
cblr-8481	995	19	to	to	ADP
cblr-8481	995	20	coauthors	coauthor	NOUN
cblr-8481	995	21	and	and	CCONJ
cblr-8481	995	22	those	those	PRON
cblr-8481	995	23	who	who	PRON
cblr-8481	995	24	are	be	AUX
cblr-8481	995	25	otherwise	otherwise	ADV
cblr-8481	995	26	directly	directly	ADV
cblr-8481	995	27	responsible	responsible	ADJ
cblr-8481	995	28	for	for	ADP
cblr-8481	995	29	misstatements	misstatement	NOUN
cblr-8481	995	30	,	,	PUNCT
cblr-8481	995	31	meaning	mean	VERB
cblr-8481	995	32	that	that	SCONJ
cblr-8481	995	33	a	a	DET
cblr-8481	995	34	large	large	ADJ
cblr-8481	995	35	number	number	NOUN
cblr-8481	995	36	of	of	ADP
cblr-8481	995	37	potential	potential	ADJ
cblr-8481	995	38	defendants	defendant	NOUN
cblr-8481	995	39	will	will	AUX
cblr-8481	995	40	be	be	AUX
cblr-8481	995	41	shielded	shield	VERB
cblr-8481	995	42	from	from	ADP
cblr-8481	995	43	private	private	ADJ
cblr-8481	995	44	suits.227	suits.227	PROPN
cblr-8481	995	45	the	the	DET
cblr-8481	995	46	procedural	procedural	ADJ
cblr-8481	995	47	hurdles	hurdle	NOUN
cblr-8481	995	48	discussed	discuss	VERB
cblr-8481	995	49	by	by	ADP
cblr-8481	995	50	the	the	DET
cblr-8481	995	51	legal	legal	ADJ
cblr-8481	995	52	community	community	NOUN
cblr-8481	995	53	after	after	SCONJ
cblr-8481	995	54	lorenzo	lorenzo	NOUN
cblr-8481	995	55	came	come	VERB
cblr-8481	995	56	down	down	ADP
cblr-8481	995	57	also	also	ADV
cblr-8481	995	58	will	will	AUX
cblr-8481	995	59	remain	remain	VERB
cblr-8481	995	60	in	in	ADP
cblr-8481	995	61	place.228	place.228	PROPN
cblr-8481	995	62	for	for	ADP
cblr-8481	995	63	example	example	NOUN
cblr-8481	995	64	,	,	PUNCT
cblr-8481	995	65	a	a	DET
cblr-8481	995	66	more	more	ADV
cblr-8481	995	67	expansive	expansive	ADJ
cblr-8481	995	68	reading	reading	NOUN
cblr-8481	995	69	of	of	ADP
cblr-8481	995	70	lorenzo	lorenzo	PROPN
cblr-8481	995	71	will	will	AUX
cblr-8481	995	72	“	"	PUNCT
cblr-8481	995	73	not	not	PART
cblr-8481	995	74	affect	affect	VERB
cblr-8481	995	75	the	the	DET
cblr-8481	995	76	various	various	ADJ
cblr-8481	995	77	hurdles	hurdle	NOUN
cblr-8481	995	78	the	the	DET
cblr-8481	995	79	private	private	ADJ
cblr-8481	995	80	securities	security	NOUN
cblr-8481	995	81	litigation	litigation	PROPN
cblr-8481	995	82	reform	reform	PROPN
cblr-8481	995	83	act	act	PROPN
cblr-8481	995	84	imposes	impose	VERB
cblr-8481	995	85	on	on	ADP
cblr-8481	995	86	private	private	ADJ
cblr-8481	995	87	section	section	NOUN
cblr-8481	995	88	10(b	10(b	NUM
cblr-8481	995	89	)	)	PUNCT
cblr-8481	995	90	class	class	NOUN
cblr-8481	995	91	action	action	NOUN
cblr-8481	995	92	claims	claim	NOUN
cblr-8481	995	93	,	,	PUNCT
cblr-8481	995	94	including	include	VERB
cblr-8481	995	95	the	the	DET
cblr-8481	995	96	requirements	requirement	NOUN
cblr-8481	995	97	that	that	SCONJ
cblr-8481	995	98	plaintiffs	plaintiff	NOUN
cblr-8481	995	99	plead	plead	VERB
cblr-8481	995	100	a	a	DET
cblr-8481	995	101	strong	strong	ADJ
cblr-8481	995	102	inference	inference	NOUN
cblr-8481	995	103	of	of	ADP
cblr-8481	995	104	scienter	scienter	NOUN
cblr-8481	995	105	and	and	CCONJ
cblr-8481	995	106	state	state	VERB
cblr-8481	995	107	their	their	PRON
cblr-8481	995	108	falsity	falsity	NOUN
cblr-8481	995	109	claims	claim	NOUN
cblr-8481	995	110	with	with	ADP
cblr-8481	995	111	particularity	particularity	NOUN
cblr-8481	995	112	.	.	PUNCT
cblr-8481	995	113	”229	”229	PUNCT
cblr-8481	996	1	the	the	DET
cblr-8481	996	2	scienter	scienter	NOUN
cblr-8481	996	3	requirement	requirement	NOUN
cblr-8481	996	4	will	will	AUX
cblr-8481	996	5	be	be	AUX
cblr-8481	996	6	particularly	particularly	ADV
cblr-8481	996	7	difficult	difficult	ADJ
cblr-8481	996	8	to	to	PART
cblr-8481	996	9	overcome	overcome	VERB
cblr-8481	996	10	since	since	SCONJ
cblr-8481	996	11	a	a	DET
cblr-8481	996	12	defendant	defendant	NOUN
cblr-8481	996	13	’s	’s	PART
cblr-8481	996	14	scienter	scienter	NOUN
cblr-8481	996	15	will	will	AUX
cblr-8481	996	16	generally	generally	ADV
cblr-8481	996	17	be	be	AUX
cblr-8481	996	18	less	less	ADV
cblr-8481	996	19	clear	clear	ADV
cblr-8481	996	20	-	-	PUNCT
cblr-8481	996	21	cut	cut	ADJ
cblr-8481	996	22	than	than	SCONJ
cblr-8481	996	23	it	it	PRON
cblr-8481	996	24	was	be	AUX
cblr-8481	996	25	in	in	ADP
cblr-8481	996	26	lorenzo230	lorenzo230	PROPN
cblr-8481	996	27	even	even	ADV
cblr-8481	996	28	under	under	ADP
cblr-8481	996	29	a	a	DET
cblr-8481	996	30	recklessness	recklessness	NOUN
cblr-8481	996	31	standard.231	standard.231	PROPN
cblr-8481	996	32	the	the	DET
cblr-8481	996	33	required	required	ADJ
cblr-8481	996	34	showing	showing	NOUN
cblr-8481	996	35	of	of	ADP
cblr-8481	996	36	an	an	DET
cblr-8481	996	37	expectation	expectation	NOUN
cblr-8481	996	38	of	of	ADP
cblr-8481	996	39	reliance	reliance	NOUN
cblr-8481	996	40	on	on	ADP
cblr-8481	996	41	the	the	DET
cblr-8481	996	42	misstatements	misstatement	NOUN
cblr-8481	996	43	would	would	AUX
cblr-8481	996	44	further	far	ADV
cblr-8481	996	45	limit	limit	VERB
cblr-8481	996	46	claims.232	claims.232	NOUN
cblr-8481	996	47	226	226	NUM
cblr-8481	996	48	although	although	SCONJ
cblr-8481	996	49	it	it	PRON
cblr-8481	996	50	could	could	AUX
cblr-8481	996	51	be	be	AUX
cblr-8481	996	52	argued	argue	VERB
cblr-8481	996	53	that	that	SCONJ
cblr-8481	996	54	this	this	DET
cblr-8481	996	55	increased	increase	VERB
cblr-8481	996	56	deterrence	deterrence	NOUN
cblr-8481	996	57	comes	come	VERB
cblr-8481	996	58	at	at	ADP
cblr-8481	996	59	the	the	DET
cblr-8481	996	60	cost	cost	NOUN
cblr-8481	996	61	of	of	ADP
cblr-8481	996	62	allowing	allow	VERB
cblr-8481	996	63	more	more	ADV
cblr-8481	996	64	frivolous	frivolous	ADJ
cblr-8481	996	65	litigation	litigation	NOUN
cblr-8481	996	66	to	to	PART
cblr-8481	996	67	go	go	VERB
cblr-8481	996	68	forward	forward	ADV
cblr-8481	996	69	,	,	PUNCT
cblr-8481	996	70	the	the	DET
cblr-8481	996	71	major	major	ADJ
cblr-8481	996	72	issue	issue	NOUN
cblr-8481	996	73	with	with	ADP
cblr-8481	996	74	such	such	DET
cblr-8481	996	75	an	an	DET
cblr-8481	996	76	emphasis	emphasis	NOUN
cblr-8481	996	77	on	on	ADP
cblr-8481	996	78	preventing	prevent	VERB
cblr-8481	996	79	vexatious	vexatious	ADJ
cblr-8481	996	80	suits	suit	NOUN
cblr-8481	996	81	is	be	AUX
cblr-8481	996	82	that	that	SCONJ
cblr-8481	996	83	it	it	PRON
cblr-8481	996	84	allows	allow	VERB
cblr-8481	996	85	corporations	corporation	NOUN
cblr-8481	996	86	and	and	CCONJ
cblr-8481	996	87	their	their	PRON
cblr-8481	996	88	employees	employee	NOUN
cblr-8481	996	89	(	(	PUNCT
cblr-8481	996	90	especially	especially	ADV
cblr-8481	996	91	management	management	NOUN
cblr-8481	996	92	)	)	PUNCT
cblr-8481	996	93	to	to	PART
cblr-8481	996	94	get	get	VERB
cblr-8481	996	95	away	away	ADV
cblr-8481	996	96	with	with	ADP
cblr-8481	996	97	fraudulent	fraudulent	ADJ
cblr-8481	996	98	conduct	conduct	NOUN
cblr-8481	996	99	that	that	PRON
cblr-8481	996	100	harms	harm	VERB
cblr-8481	996	101	shareholders	shareholder	NOUN
cblr-8481	996	102	and	and	CCONJ
cblr-8481	996	103	the	the	DET
cblr-8481	996	104	investing	investing	NOUN
cblr-8481	996	105	public	public	NOUN
cblr-8481	996	106	as	as	ADP
cblr-8481	996	107	a	a	DET
cblr-8481	996	108	whole	whole	NOUN
cblr-8481	996	109	.	.	PUNCT
cblr-8481	997	1	227	227	NUM
cblr-8481	997	2	see	see	VERB
cblr-8481	997	3	supra	supra	ADJ
cblr-8481	997	4	text	text	NOUN
cblr-8481	997	5	accompanying	accompanying	ADJ
cblr-8481	997	6	notes	note	NOUN
cblr-8481	997	7	176–79	176–79	NUM
cblr-8481	997	8	.	.	PUNCT
cblr-8481	998	1	228	228	NUM
cblr-8481	998	2	see	see	VERB
cblr-8481	998	3	supra	supra	PROPN
cblr-8481	998	4	section	section	PROPN
cblr-8481	998	5	iii.d	iii.d	PROPN
cblr-8481	998	6	.	.	PROPN
cblr-8481	998	7	229	229	NUM
cblr-8481	998	8	lipson	lipson	NOUN
cblr-8481	998	9	et	et	PROPN
cblr-8481	998	10	al	al	PROPN
cblr-8481	998	11	.	.	PROPN
cblr-8481	998	12	,	,	PUNCT
cblr-8481	998	13	supra	supra	PROPN
cblr-8481	998	14	note	note	NOUN
cblr-8481	998	15	112	112	NUM
cblr-8481	998	16	.	.	PUNCT
cblr-8481	998	17	230	230	NUM
cblr-8481	998	18	see	see	VERB
cblr-8481	998	19	supra	supra	ADJ
cblr-8481	998	20	text	text	NOUN
cblr-8481	998	21	accompanying	accompanying	ADJ
cblr-8481	998	22	notes	note	NOUN
cblr-8481	998	23	120–21	120–21	NUM
cblr-8481	998	24	.	.	X
cblr-8481	998	25	231	231	NUM
cblr-8481	998	26	see	see	VERB
cblr-8481	998	27	supra	supra	PROPN
cblr-8481	998	28	section	section	PROPN
cblr-8481	998	29	iv.c.3	iv.c.3	PROPN
cblr-8481	998	30	.	.	PUNCT
cblr-8481	999	1	232	232	NUM
cblr-8481	1000	1	this	this	PRON
cblr-8481	1000	2	would	would	AUX
cblr-8481	1000	3	not	not	PART
cblr-8481	1000	4	replace	replace	VERB
cblr-8481	1000	5	the	the	DET
cblr-8481	1000	6	usual	usual	ADJ
cblr-8481	1000	7	reliance	reliance	NOUN
cblr-8481	1000	8	element	element	NOUN
cblr-8481	1000	9	of	of	ADP
cblr-8481	1000	10	a	a	DET
cblr-8481	1000	11	10b-5	10b-5	NUM
cblr-8481	1000	12	claim	claim	NOUN
cblr-8481	1000	13	because	because	SCONJ
cblr-8481	1000	14	“	"	PUNCT
cblr-8481	1000	15	[	[	X
cblr-8481	1000	16	r]eliance	r]eliance	NOUN
cblr-8481	1000	17	is	be	AUX
cblr-8481	1000	18	a	a	DET
cblr-8481	1000	19	separate	separate	ADJ
cblr-8481	1000	20	element	element	NOUN
cblr-8481	1000	21	from	from	ADP
cblr-8481	1000	22	fraudulent	fraudulent	ADJ
cblr-8481	1000	23	intent	intent	NOUN
cblr-8481	1000	24	.	.	PUNCT
cblr-8481	1000	25	.	.	PUNCT
cblr-8481	1001	1	.	.	PUNCT
cblr-8481	1002	1	and	and	CCONJ
cblr-8481	1002	2	reliance	reliance	NOUN
cblr-8481	1002	3	in	in	ADP
cblr-8481	1002	4	private	private	ADJ
cblr-8481	1002	5	litigation	litigation	NOUN
cblr-8481	1002	6	is	be	AUX
cblr-8481	1002	7	looked	look	VERB
cblr-8481	1002	8	at	at	ADP
cblr-8481	1002	9	not	not	PART
cblr-8481	1002	10	from	from	ADP
cblr-8481	1002	11	the	the	DET
cblr-8481	1002	12	defendant	defendant	NOUN
cblr-8481	1002	13	’s	’s	PART
cblr-8481	1002	14	note	note	NOUN
cblr-8481	1002	15	–	–	PUNCT
cblr-8481	1002	16	lieberman	lieberman	PROPN
cblr-8481	1002	17	6/13/2021	6/13/2021	NUM
cblr-8481	1002	18	8:45	8:45	NUM
cblr-8481	1002	19	pm	pm	NOUN
cblr-8481	1002	20	no	no	INTJ
cblr-8481	1002	21	.	.	PUNCT
cblr-8481	1003	1	1:352	1:352	NUM
cblr-8481	1003	2	]	]	X
cblr-8481	1003	3	lorenzo	lorenzo	PROPN
cblr-8481	1003	4	v.	v.	ADP
cblr-8481	1003	5	sec	sec	PROPN
cblr-8481	1003	6	and	and	CCONJ
cblr-8481	1003	7	the	the	DET
cblr-8481	1003	8	expansion	expansion	NOUN
cblr-8481	1003	9	of	of	ADP
cblr-8481	1003	10	scheme	scheme	NOUN
cblr-8481	1003	11	liability	liability	NOUN
cblr-8481	1003	12	407	407	NUM
cblr-8481	1003	13	admittedly	admittedly	ADV
cblr-8481	1003	14	,	,	PUNCT
cblr-8481	1003	15	the	the	DET
cblr-8481	1003	16	issue	issue	NOUN
cblr-8481	1003	17	of	of	ADP
cblr-8481	1003	18	reliance	reliance	NOUN
cblr-8481	1003	19	is	be	AUX
cblr-8481	1003	20	more	more	ADV
cblr-8481	1003	21	complicated	complicated	ADJ
cblr-8481	1003	22	because	because	SCONJ
cblr-8481	1003	23	stoneridge	stoneridge	PROPN
cblr-8481	1003	24	required	require	VERB
cblr-8481	1003	25	a	a	DET
cblr-8481	1003	26	showing	showing	NOUN
cblr-8481	1003	27	of	of	ADP
cblr-8481	1003	28	direct	direct	ADJ
cblr-8481	1003	29	reliance	reliance	NOUN
cblr-8481	1003	30	on	on	ADP
cblr-8481	1003	31	a	a	DET
cblr-8481	1003	32	defendant	defendant	NOUN
cblr-8481	1003	33	’s	’s	PART
cblr-8481	1003	34	misstatements.233	misstatements.233	NOUN
cblr-8481	1003	35	this	this	PRON
cblr-8481	1003	36	would	would	AUX
cblr-8481	1003	37	be	be	AUX
cblr-8481	1003	38	a	a	DET
cblr-8481	1003	39	substantial	substantial	ADJ
cblr-8481	1003	40	barrier	barrier	NOUN
cblr-8481	1003	41	for	for	ADP
cblr-8481	1003	42	many	many	ADJ
cblr-8481	1003	43	private	private	ADJ
cblr-8481	1003	44	litigants	litigant	NOUN
cblr-8481	1003	45	,	,	PUNCT
cblr-8481	1003	46	mollifying	mollify	VERB
cblr-8481	1003	47	flood	flood	NOUN
cblr-8481	1003	48	of	of	ADP
cblr-8481	1003	49	litigation	litigation	NOUN
cblr-8481	1003	50	concerns	concern	NOUN
cblr-8481	1003	51	.	.	PUNCT
cblr-8481	1004	1	however	however	ADV
cblr-8481	1004	2	,	,	PUNCT
cblr-8481	1004	3	this	this	PRON
cblr-8481	1004	4	could	could	AUX
cblr-8481	1004	5	also	also	ADV
cblr-8481	1004	6	make	make	VERB
cblr-8481	1004	7	scheme	scheme	NOUN
cblr-8481	1004	8	liability	liability	NOUN
cblr-8481	1004	9	much	much	ADV
cblr-8481	1004	10	less	less	ADV
cblr-8481	1004	11	potent	potent	ADJ
cblr-8481	1004	12	than	than	SCONJ
cblr-8481	1004	13	is	be	AUX
cblr-8481	1004	14	desirable	desirable	ADJ
cblr-8481	1004	15	.	.	PUNCT
cblr-8481	1005	1	showing	show	VERB
cblr-8481	1005	2	class	class	NOUN
cblr-8481	1005	3	-	-	PUNCT
cblr-8481	1005	4	wide	wide	ADJ
cblr-8481	1005	5	reliance	reliance	NOUN
cblr-8481	1005	6	is	be	AUX
cblr-8481	1005	7	nearly	nearly	ADV
cblr-8481	1005	8	impossible	impossible	ADJ
cblr-8481	1005	9	unless	unless	SCONJ
cblr-8481	1005	10	the	the	DET
cblr-8481	1005	11	fraud	fraud	NOUN
cblr-8481	1005	12	-	-	PUNCT
cblr-8481	1005	13	on	on	ADP
cblr-8481	1005	14	-	-	PUNCT
cblr-8481	1005	15	the	the	DET
cblr-8481	1005	16	-	-	PUNCT
cblr-8481	1005	17	market	market	NOUN
cblr-8481	1005	18	(	(	PUNCT
cblr-8481	1005	19	fotm	fotm	NOUN
cblr-8481	1005	20	)	)	PUNCT
cblr-8481	1005	21	presumption	presumption	NOUN
cblr-8481	1005	22	is	be	AUX
cblr-8481	1005	23	applicable	applicable	ADJ
cblr-8481	1005	24	,	,	PUNCT
cblr-8481	1005	25	for	for	SCONJ
cblr-8481	1005	26	otherwise	otherwise	ADV
cblr-8481	1005	27	individual	individual	ADJ
cblr-8481	1005	28	class	class	NOUN
cblr-8481	1005	29	members	member	NOUN
cblr-8481	1005	30	would	would	AUX
cblr-8481	1005	31	have	have	VERB
cblr-8481	1005	32	to	to	PART
cblr-8481	1005	33	individually	individually	ADV
cblr-8481	1005	34	show	show	VERB
cblr-8481	1005	35	that	that	SCONJ
cblr-8481	1005	36	they	they	PRON
cblr-8481	1005	37	relied	rely	VERB
cblr-8481	1005	38	on	on	ADP
cblr-8481	1005	39	the	the	DET
cblr-8481	1005	40	defendant	defendant	NOUN
cblr-8481	1005	41	’s	’s	PART
cblr-8481	1005	42	misstatement.234	misstatement.234	NOUN
cblr-8481	1005	43	after	after	ADP
cblr-8481	1005	44	lorenzo	lorenzo	PROPN
cblr-8481	1005	45	,	,	PUNCT
cblr-8481	1005	46	a	a	DET
cblr-8481	1005	47	group	group	NOUN
cblr-8481	1005	48	of	of	ADP
cblr-8481	1005	49	commentators	commentator	NOUN
cblr-8481	1005	50	noted	note	VERB
cblr-8481	1005	51	that	that	SCONJ
cblr-8481	1005	52	“	"	PUNCT
cblr-8481	1005	53	the	the	DET
cblr-8481	1005	54	supreme	supreme	PROPN
cblr-8481	1005	55	court	court	PROPN
cblr-8481	1005	56	in	in	ADP
cblr-8481	1005	57	[	[	X
cblr-8481	1005	58	stoneridge	stoneridge	NOUN
cblr-8481	1005	59	]	]	PUNCT
cblr-8481	1005	60	held	hold	VERB
cblr-8481	1005	61	that	that	PRON
cblr-8481	1005	62	.	.	PUNCT
cblr-8481	1005	63	.	.	PUNCT
cblr-8481	1005	64	.	.	PUNCT
cblr-8481	1005	65	.	.	PUNCT
cblr-8481	1006	1	[	[	X
cblr-8481	1006	2	w]hile	w]hile	ADP
cblr-8481	1006	3	reliance	reliance	NOUN
cblr-8481	1006	4	on	on	ADP
cblr-8481	1006	5	public	public	ADJ
cblr-8481	1006	6	statements	statement	NOUN
cblr-8481	1006	7	made	make	VERB
cblr-8481	1006	8	by	by	ADP
cblr-8481	1006	9	or	or	CCONJ
cblr-8481	1006	10	on	on	ADP
cblr-8481	1006	11	behalf	behalf	NOUN
cblr-8481	1006	12	of	of	ADP
cblr-8481	1006	13	public	public	ADJ
cblr-8481	1006	14	companies	company	NOUN
cblr-8481	1006	15	with	with	ADP
cblr-8481	1006	16	efficiently	efficiently	ADV
cblr-8481	1006	17	traded	trade	VERB
cblr-8481	1006	18	stock	stock	NOUN
cblr-8481	1006	19	is	be	AUX
cblr-8481	1006	20	presumed	presume	VERB
cblr-8481	1006	21	in	in	ADP
cblr-8481	1006	22	class	class	NOUN
cblr-8481	1006	23	actions	action	NOUN
cblr-8481	1006	24	,	,	PUNCT
cblr-8481	1006	25	there	there	PRON
cblr-8481	1006	26	is	be	VERB
cblr-8481	1006	27	no	no	DET
cblr-8481	1006	28	similar	similar	ADJ
cblr-8481	1006	29	presumption	presumption	NOUN
cblr-8481	1006	30	applicable	applicable	ADJ
cblr-8481	1006	31	to	to	ADP
cblr-8481	1006	32	alleged	allege	VERB
cblr-8481	1006	33	‘	'	PUNCT
cblr-8481	1006	34	schemes	scheme	NOUN
cblr-8481	1006	35	’	'	PUNCT
cblr-8481	1006	36	or	or	CCONJ
cblr-8481	1006	37	other	other	ADJ
cblr-8481	1006	38	forms	form	NOUN
cblr-8481	1006	39	of	of	ADP
cblr-8481	1006	40	deceptive	deceptive	ADJ
cblr-8481	1006	41	conduct	conduct	NOUN
cblr-8481	1006	42	.	.	PUNCT
cblr-8481	1007	1	”235	”235	PUNCT
cblr-8481	1007	2	although	although	SCONJ
cblr-8481	1007	3	some	some	DET
cblr-8481	1007	4	restrictions	restriction	NOUN
cblr-8481	1007	5	on	on	ADP
cblr-8481	1007	6	the	the	DET
cblr-8481	1007	7	ability	ability	NOUN
cblr-8481	1007	8	to	to	PART
cblr-8481	1007	9	bring	bring	VERB
cblr-8481	1007	10	suits	suit	NOUN
cblr-8481	1007	11	,	,	PUNCT
cblr-8481	1007	12	like	like	ADP
cblr-8481	1007	13	scienter	scienter	NOUN
cblr-8481	1007	14	,	,	PUNCT
cblr-8481	1007	15	are	be	AUX
cblr-8481	1007	16	necessary	necessary	ADJ
cblr-8481	1007	17	,	,	PUNCT
cblr-8481	1007	18	this	this	DET
cblr-8481	1007	19	reading	reading	NOUN
cblr-8481	1007	20	of	of	ADP
cblr-8481	1007	21	stoneridge	stoneridge	NOUN
cblr-8481	1007	22	would	would	AUX
cblr-8481	1007	23	make	make	VERB
cblr-8481	1007	24	the	the	DET
cblr-8481	1007	25	“	"	PUNCT
cblr-8481	1007	26	modified	modified	ADJ
cblr-8481	1007	27	creator	creator	NOUN
cblr-8481	1007	28	standard	standard	NOUN
cblr-8481	1007	29	”	"	PUNCT
cblr-8481	1007	30	mostly	mostly	ADV
cblr-8481	1007	31	irrelevant	irrelevant	ADJ
cblr-8481	1007	32	since	since	SCONJ
cblr-8481	1007	33	almost	almost	ADV
cblr-8481	1007	34	no	no	PRON
cblr-8481	1007	35	class	class	NOUN
cblr-8481	1007	36	actions	action	NOUN
cblr-8481	1007	37	would	would	AUX
cblr-8481	1007	38	make	make	VERB
cblr-8481	1007	39	it	it	PRON
cblr-8481	1007	40	past	past	ADP
cblr-8481	1007	41	the	the	DET
cblr-8481	1007	42	class	class	NOUN
cblr-8481	1007	43	certification	certification	NOUN
cblr-8481	1007	44	stage	stage	NOUN
cblr-8481	1007	45	.	.	PUNCT
cblr-8481	1008	1	the	the	DET
cblr-8481	1008	2	point	point	NOUN
cblr-8481	1008	3	here	here	ADV
cblr-8481	1008	4	is	be	AUX
cblr-8481	1008	5	not	not	PART
cblr-8481	1008	6	just	just	ADV
cblr-8481	1008	7	balancing	balance	VERB
cblr-8481	1008	8	deterrence	deterrence	NOUN
cblr-8481	1008	9	and	and	CCONJ
cblr-8481	1008	10	frivolous	frivolous	ADJ
cblr-8481	1008	11	litigation	litigation	NOUN
cblr-8481	1008	12	:	:	PUNCT
cblr-8481	1008	13	without	without	ADP
cblr-8481	1008	14	the	the	DET
cblr-8481	1008	15	application	application	NOUN
cblr-8481	1008	16	of	of	ADP
cblr-8481	1008	17	the	the	DET
cblr-8481	1008	18	fotm	fotm	PROPN
cblr-8481	1008	19	presumption	presumption	NOUN
cblr-8481	1008	20	to	to	ADP
cblr-8481	1008	21	scheme	scheme	NOUN
cblr-8481	1008	22	liability	liability	NOUN
cblr-8481	1008	23	,	,	PUNCT
cblr-8481	1008	24	the	the	DET
cblr-8481	1008	25	“	"	PUNCT
cblr-8481	1008	26	modified	modified	ADJ
cblr-8481	1008	27	creator	creator	NOUN
cblr-8481	1008	28	standard	standard	NOUN
cblr-8481	1008	29	”	"	PUNCT
cblr-8481	1008	30	will	will	AUX
cblr-8481	1008	31	do	do	VERB
cblr-8481	1008	32	nothing	nothing	PRON
cblr-8481	1008	33	to	to	PART
cblr-8481	1008	34	expand	expand	VERB
cblr-8481	1008	35	the	the	DET
cblr-8481	1008	36	scope	scope	NOUN
cblr-8481	1008	37	of	of	ADP
cblr-8481	1008	38	liability	liability	NOUN
cblr-8481	1008	39	in	in	ADP
cblr-8481	1008	40	practice	practice	NOUN
cblr-8481	1008	41	except	except	SCONJ
cblr-8481	1008	42	in	in	ADP
cblr-8481	1008	43	cases	case	NOUN
cblr-8481	1008	44	brought	bring	VERB
cblr-8481	1008	45	by	by	ADP
cblr-8481	1008	46	a	a	DET
cblr-8481	1008	47	small	small	ADJ
cblr-8481	1008	48	number	number	NOUN
cblr-8481	1008	49	of	of	ADP
cblr-8481	1008	50	plaintiffs	plaintiff	NOUN
cblr-8481	1008	51	.	.	PUNCT
cblr-8481	1009	1	perspective	perspective	NOUN
cblr-8481	1009	2	,	,	PUNCT
cblr-8481	1009	3	but	but	CCONJ
cblr-8481	1009	4	from	from	ADP
cblr-8481	1009	5	the	the	DET
cblr-8481	1009	6	perspective	perspective	NOUN
cblr-8481	1009	7	of	of	ADP
cblr-8481	1009	8	the	the	DET
cblr-8481	1009	9	investor	investor	NOUN
cblr-8481	1009	10	.	.	PUNCT
cblr-8481	1009	11	”	"	PUNCT
cblr-8481	1010	1	susan	susan	PROPN
cblr-8481	1010	2	e.	e.	PROPN
cblr-8481	1010	3	hurd	hurd	PROPN
cblr-8481	1010	4	&	&	CCONJ
cblr-8481	1010	5	evan	evan	PROPN
cblr-8481	1010	6	glustrom	glustrom	PROPN
cblr-8481	1010	7	,	,	PUNCT
cblr-8481	1010	8	securities	security	NOUN
cblr-8481	1010	9	litigation	litigation	NOUN
cblr-8481	1010	10	advisory	advisory	NOUN
cblr-8481	1010	11	:	:	PUNCT
cblr-8481	1010	12	lorenzo	lorenzo	PROPN
cblr-8481	1010	13	v.	v.	ADP
cblr-8481	1010	14	sec	sec	PROPN
cblr-8481	1010	15	:	:	PUNCT
cblr-8481	1010	16	the	the	DET
cblr-8481	1010	17	supreme	supreme	PROPN
cblr-8481	1010	18	court	court	PROPN
cblr-8481	1010	19	rules	rule	NOUN
cblr-8481	1010	20	on	on	ADP
cblr-8481	1010	21	scheme	scheme	NOUN
cblr-8481	1010	22	liability	liability	NOUN
cblr-8481	1010	23	under	under	ADP
cblr-8481	1010	24	the	the	DET
cblr-8481	1010	25	federal	federal	ADJ
cblr-8481	1010	26	securities	security	NOUN
cblr-8481	1010	27	laws	law	NOUN
cblr-8481	1010	28	,	,	PUNCT
cblr-8481	1010	29	alston	alston	PROPN
cblr-8481	1010	30	&	&	CCONJ
cblr-8481	1010	31	bird	bird	PROPN
cblr-8481	1010	32	(	(	PUNCT
cblr-8481	1010	33	mar	mar	PROPN
cblr-8481	1010	34	28	28	NUM
cblr-8481	1010	35	,	,	PUNCT
cblr-8481	1010	36	2019	2019	NUM
cblr-8481	1010	37	)	)	PUNCT
cblr-8481	1010	38	,	,	PUNCT
cblr-8481	1010	39	https://www.alston.com/en/insights/	https://www.alston.com/en/insights/	PROPN
cblr-8481	1010	40	publications/2019/03	publications/2019/03	PROPN
cblr-8481	1010	41	/	/	SYM
cblr-8481	1010	42	the	the	DET
cblr-8481	1010	43	-	-	PUNCT
cblr-8481	1010	44	supreme	supreme	ADJ
cblr-8481	1010	45	-	-	PUNCT
cblr-8481	1010	46	court	court	NOUN
cblr-8481	1010	47	-	-	PUNCT
cblr-8481	1010	48	rules	rule	NOUN
cblr-8481	1010	49	-	-	PUNCT
cblr-8481	1010	50	on	on	ADP
cblr-8481	1010	51	-	-	PUNCT
cblr-8481	1010	52	scheme	scheme	NOUN
cblr-8481	1010	53	-	-	PUNCT
cblr-8481	1010	54	liability	liability	NOUN
cblr-8481	1010	55	[	[	X
cblr-8481	1010	56	https://perma.cc/2aaw-p4c9	https://perma.cc/2aaw-p4c9	X
cblr-8481	1010	57	]	]	X
cblr-8481	1010	58	.	.	PUNCT
cblr-8481	1011	1	rather	rather	ADV
cblr-8481	1011	2	,	,	PUNCT
cblr-8481	1011	3	it	it	PRON
cblr-8481	1011	4	would	would	AUX
cblr-8481	1011	5	require	require	VERB
cblr-8481	1011	6	an	an	DET
cblr-8481	1011	7	additional	additional	ADJ
cblr-8481	1011	8	showing	showing	NOUN
cblr-8481	1011	9	as	as	SCONJ
cblr-8481	1011	10	to	to	PART
cblr-8481	1011	11	scienter	scienter	VERB
cblr-8481	1011	12	while	while	SCONJ
cblr-8481	1011	13	still	still	ADV
cblr-8481	1011	14	ensuring	ensure	VERB
cblr-8481	1011	15	that	that	SCONJ
cblr-8481	1011	16	“	"	PUNCT
cblr-8481	1011	17	it	it	PRON
cblr-8481	1011	18	does	do	AUX
cblr-8481	1011	19	not	not	PART
cblr-8481	1011	20	matter	matter	VERB
cblr-8481	1011	21	for	for	ADP
cblr-8481	1011	22	reliance	reliance	NOUN
cblr-8481	1011	23	purposes	purpose	NOUN
cblr-8481	1011	24	whether	whether	SCONJ
cblr-8481	1011	25	the	the	DET
cblr-8481	1011	26	defendant	defendant	NOUN
cblr-8481	1011	27	‘	'	PUNCT
cblr-8481	1011	28	intended	intend	VERB
cblr-8481	1011	29	’	'	PUNCT
cblr-8481	1011	30	for	for	SCONJ
cblr-8481	1011	31	shareholders	shareholder	NOUN
cblr-8481	1011	32	to	to	PART
cblr-8481	1011	33	rely	rely	VERB
cblr-8481	1011	34	—	—	PUNCT
cblr-8481	1011	35	.	.	PUNCT
cblr-8481	1011	36	.	.	PUNCT
cblr-8481	1011	37	.	.	PUNCT
cblr-8481	1012	1	[	[	X
cblr-8481	1012	2	only	only	ADV
cblr-8481	1012	3	]	]	PUNCT
cblr-8481	1012	4	whether	whether	SCONJ
cblr-8481	1012	5	they	they	PRON
cblr-8481	1012	6	in	in	ADP
cblr-8481	1012	7	fact	fact	NOUN
cblr-8481	1012	8	did	do	AUX
cblr-8481	1012	9	rely	rely	VERB
cblr-8481	1012	10	.	.	PUNCT
cblr-8481	1012	11	”	"	PUNCT
cblr-8481	1013	1	i	i	PRON
cblr-8481	1013	2	d.	d.	PROPN
cblr-8481	1013	3	(	(	PUNCT
cblr-8481	1013	4	emphasis	emphasis	NOUN
cblr-8481	1013	5	added	add	VERB
cblr-8481	1013	6	)	)	PUNCT
cblr-8481	1013	7	.	.	PUNCT
cblr-8481	1014	1	the	the	DET
cblr-8481	1014	2	recklessness	recklessness	NOUN
cblr-8481	1014	3	standard	standard	NOUN
cblr-8481	1014	4	would	would	AUX
cblr-8481	1014	5	apply	apply	VERB
cblr-8481	1014	6	this	this	DET
cblr-8481	1014	7	“	"	PUNCT
cblr-8481	1014	8	expectation	expectation	NOUN
cblr-8481	1014	9	of	of	ADP
cblr-8481	1014	10	reliance	reliance	NOUN
cblr-8481	1014	11	”	"	PUNCT
cblr-8481	1014	12	prong	prong	NOUN
cblr-8481	1014	13	of	of	ADP
cblr-8481	1014	14	the	the	DET
cblr-8481	1014	15	scienter	scienter	NOUN
cblr-8481	1014	16	test	test	NOUN
cblr-8481	1014	17	.	.	PUNCT
cblr-8481	1015	1	233	233	NUM
cblr-8481	1015	2	see	see	VERB
cblr-8481	1015	3	stoneridge	stoneridge	PROPN
cblr-8481	1015	4	inv	inv	PROPN
cblr-8481	1015	5	.	.	PUNCT
cblr-8481	1016	1	partners	partner	NOUN
cblr-8481	1016	2	v.	v.	ADP
cblr-8481	1016	3	scientific	scientific	ADJ
cblr-8481	1016	4	-	-	PUNCT
cblr-8481	1016	5	atlanta	atlanta	NOUN
cblr-8481	1016	6	,	,	PUNCT
cblr-8481	1016	7	552	552	NUM
cblr-8481	1016	8	u.s	u.s	PROPN
cblr-8481	1016	9	.	.	PROPN
cblr-8481	1016	10	148	148	NUM
cblr-8481	1016	11	,	,	PUNCT
cblr-8481	1016	12	158–59	158–59	PROPN
cblr-8481	1016	13	(	(	PUNCT
cblr-8481	1016	14	2008	2008	NUM
cblr-8481	1016	15	)	)	PUNCT
cblr-8481	1016	16	.	.	PUNCT
cblr-8481	1017	1	234	234	NUM
cblr-8481	1017	2	see	see	VERB
cblr-8481	1017	3	nili	nili	NOUN
cblr-8481	1017	4	,	,	PUNCT
cblr-8481	1017	5	supra	supra	PROPN
cblr-8481	1017	6	note	note	NOUN
cblr-8481	1017	7	38	38	NUM
cblr-8481	1017	8	.	.	NOUN
cblr-8481	1018	1	235	235	NUM
cblr-8481	1018	2	beha	beha	NOUN
cblr-8481	1018	3	et	et	NOUN
cblr-8481	1018	4	al	al	PROPN
cblr-8481	1018	5	.	.	PROPN
cblr-8481	1018	6	,	,	PUNCT
cblr-8481	1018	7	supra	supra	PROPN
cblr-8481	1018	8	note	note	PROPN
cblr-8481	1018	9	121	121	NUM
cblr-8481	1018	10	.	.	PUNCT
cblr-8481	1019	1	note	note	VERB
cblr-8481	1019	2	lieberman	lieberman	PROPN
cblr-8481	1020	1	6/13/2021	6/13/2021	NUM
cblr-8481	1020	2	8:45	8:45	NUM
cblr-8481	1020	3	pm	pm	NOUN
cblr-8481	1020	4	408	408	NUM
cblr-8481	1020	5	columbia	columbia	PROPN
cblr-8481	1020	6	business	business	NOUN
cblr-8481	1020	7	law	law	PROPN
cblr-8481	1020	8	review	review	NOUN
cblr-8481	1020	9	[	[	X
cblr-8481	1020	10	vol	vol	NOUN
cblr-8481	1020	11	.	.	PUNCT
cblr-8481	1020	12	2021	2021	NUM
cblr-8481	1020	13	however	however	ADV
cblr-8481	1020	14	,	,	PUNCT
cblr-8481	1020	15	stoneridge	stoneridge	PROPN
cblr-8481	1020	16	does	do	AUX
cblr-8481	1020	17	not	not	PART
cblr-8481	1020	18	have	have	VERB
cblr-8481	1020	19	to	to	PART
cblr-8481	1020	20	be	be	AUX
cblr-8481	1020	21	read	read	VERB
cblr-8481	1020	22	to	to	PART
cblr-8481	1020	23	preclude	preclude	VERB
cblr-8481	1020	24	application	application	NOUN
cblr-8481	1020	25	of	of	ADP
cblr-8481	1020	26	the	the	DET
cblr-8481	1020	27	fotm	fotm	PROPN
cblr-8481	1020	28	presumption	presumption	NOUN
cblr-8481	1020	29	to	to	ADP
cblr-8481	1020	30	scheme	scheme	NOUN
cblr-8481	1020	31	liability	liability	NOUN
cblr-8481	1020	32	.	.	PUNCT
cblr-8481	1021	1	after	after	ADV
cblr-8481	1021	2	all	all	ADV
cblr-8481	1021	3	,	,	PUNCT
cblr-8481	1021	4	unlike	unlike	ADP
cblr-8481	1021	5	the	the	DET
cblr-8481	1021	6	conduct	conduct	NOUN
cblr-8481	1021	7	in	in	ADP
cblr-8481	1021	8	stoneridge,236	stoneridge,236	ADP
cblr-8481	1021	9	the	the	DET
cblr-8481	1021	10	type	type	NOUN
cblr-8481	1021	11	of	of	ADP
cblr-8481	1021	12	conduct	conduct	NOUN
cblr-8481	1021	13	at	at	ADP
cblr-8481	1021	14	issue	issue	NOUN
cblr-8481	1021	15	in	in	ADP
cblr-8481	1021	16	lorenzo237	lorenzo237	PROPN
cblr-8481	1021	17	and	and	CCONJ
cblr-8481	1021	18	janus238	janus238	PROPN
cblr-8481	1021	19	involved	involve	VERB
cblr-8481	1021	20	direct	direct	ADJ
cblr-8481	1021	21	participation	participation	NOUN
cblr-8481	1021	22	in	in	ADP
cblr-8481	1021	23	the	the	DET
cblr-8481	1021	24	creation	creation	NOUN
cblr-8481	1021	25	or	or	CCONJ
cblr-8481	1021	26	dissemination	dissemination	NOUN
cblr-8481	1021	27	of	of	ADP
cblr-8481	1021	28	false	false	ADJ
cblr-8481	1021	29	statements	statement	NOUN
cblr-8481	1021	30	on	on	ADP
cblr-8481	1021	31	which	which	PRON
cblr-8481	1021	32	investors	investor	NOUN
cblr-8481	1021	33	relied	rely	VERB
cblr-8481	1021	34	.	.	PUNCT
cblr-8481	1022	1	the	the	DET
cblr-8481	1022	2	stoneridge	stoneridge	PROPN
cblr-8481	1022	3	court	court	PROPN
cblr-8481	1022	4	’s	’s	PART
cblr-8481	1022	5	objection	objection	NOUN
cblr-8481	1022	6	to	to	ADP
cblr-8481	1022	7	the	the	DET
cblr-8481	1022	8	plaintiffs	plaintiff	NOUN
cblr-8481	1022	9	’	'	PUNCT
cblr-8481	1022	10	invocation	invocation	NOUN
cblr-8481	1022	11	of	of	ADP
cblr-8481	1022	12	scheme	scheme	NOUN
cblr-8481	1022	13	liability	liability	NOUN
cblr-8481	1022	14	in	in	ADP
cblr-8481	1022	15	that	that	DET
cblr-8481	1022	16	case	case	NOUN
cblr-8481	1022	17	came	come	VERB
cblr-8481	1022	18	from	from	ADP
cblr-8481	1022	19	the	the	DET
cblr-8481	1022	20	fact	fact	NOUN
cblr-8481	1022	21	that	that	SCONJ
cblr-8481	1022	22	“	"	PUNCT
cblr-8481	1022	23	this	this	DET
cblr-8481	1022	24	approach	approach	NOUN
cblr-8481	1022	25	does	do	AUX
cblr-8481	1022	26	not	not	PART
cblr-8481	1022	27	answer	answer	VERB
cblr-8481	1022	28	the	the	DET
cblr-8481	1022	29	objection	objection	NOUN
cblr-8481	1022	30	that	that	DET
cblr-8481	1022	31	petitioner	petitioner	NOUN
cblr-8481	1022	32	did	do	AUX
cblr-8481	1022	33	not	not	PART
cblr-8481	1022	34	in	in	ADP
cblr-8481	1022	35	fact	fact	NOUN
cblr-8481	1022	36	rely	rely	VERB
cblr-8481	1022	37	upon	upon	SCONJ
cblr-8481	1022	38	respondents	respondent	NOUN
cblr-8481	1022	39	’	'	PUNCT
cblr-8481	1022	40	own	own	ADJ
cblr-8481	1022	41	deceptive	deceptive	ADJ
cblr-8481	1022	42	conduct,”239	conduct,”239	NOUN
cblr-8481	1022	43	rather	rather	ADV
cblr-8481	1022	44	than	than	ADP
cblr-8481	1022	45	any	any	DET
cblr-8481	1022	46	specific	specific	ADJ
cblr-8481	1022	47	limitation	limitation	NOUN
cblr-8481	1022	48	on	on	ADP
cblr-8481	1022	49	fotm	fotm	ADJ
cblr-8481	1022	50	reliance	reliance	NOUN
cblr-8481	1022	51	when	when	SCONJ
cblr-8481	1022	52	litigating	litigate	VERB
cblr-8481	1022	53	scheme	scheme	NOUN
cblr-8481	1022	54	liability	liability	NOUN
cblr-8481	1022	55	.	.	PUNCT
cblr-8481	1023	1	so	so	ADV
cblr-8481	1023	2	long	long	ADV
cblr-8481	1023	3	as	as	SCONJ
cblr-8481	1023	4	the	the	DET
cblr-8481	1023	5	scheme	scheme	NOUN
cblr-8481	1023	6	at	at	ADP
cblr-8481	1023	7	issue	issue	NOUN
cblr-8481	1023	8	directly	directly	ADV
cblr-8481	1023	9	involved	involve	VERB
cblr-8481	1023	10	public	public	ADJ
cblr-8481	1023	11	misstatements	misstatement	NOUN
cblr-8481	1023	12	rather	rather	ADV
cblr-8481	1023	13	than	than	ADP
cblr-8481	1023	14	the	the	DET
cblr-8481	1023	15	transactions	transaction	NOUN
cblr-8481	1023	16	underlying	underlie	VERB
cblr-8481	1023	17	the	the	DET
cblr-8481	1023	18	misstatements	misstatement	NOUN
cblr-8481	1023	19	,	,	PUNCT
cblr-8481	1023	20	the	the	DET
cblr-8481	1023	21	fotm	fotm	NOUN
cblr-8481	1023	22	presumption	presumption	NOUN
cblr-8481	1023	23	could	could	AUX
cblr-8481	1023	24	apply	apply	VERB
cblr-8481	1023	25	.	.	PUNCT
cblr-8481	1024	1	of	of	ADP
cblr-8481	1024	2	course	course	NOUN
cblr-8481	1024	3	,	,	PUNCT
cblr-8481	1024	4	all	all	PRON
cblr-8481	1024	5	of	of	ADP
cblr-8481	1024	6	this	this	PRON
cblr-8481	1024	7	depends	depend	VERB
cblr-8481	1024	8	on	on	ADP
cblr-8481	1024	9	how	how	SCONJ
cblr-8481	1024	10	stoneridge	stoneridge	NOUN
cblr-8481	1024	11	is	be	AUX
cblr-8481	1024	12	read	read	VERB
cblr-8481	1024	13	.	.	PUNCT
cblr-8481	1025	1	some	some	DET
cblr-8481	1025	2	courts	court	NOUN
cblr-8481	1025	3	have	have	AUX
cblr-8481	1025	4	adopted	adopt	VERB
cblr-8481	1025	5	a	a	DET
cblr-8481	1025	6	more	more	ADV
cblr-8481	1025	7	limited	limited	ADJ
cblr-8481	1025	8	reading	reading	NOUN
cblr-8481	1025	9	of	of	ADP
cblr-8481	1025	10	stoneridge	stoneridge	PROPN
cblr-8481	1025	11	that	that	PRON
cblr-8481	1025	12	is	be	AUX
cblr-8481	1025	13	restricted	restrict	VERB
cblr-8481	1025	14	to	to	ADP
cblr-8481	1025	15	public	public	ADJ
cblr-8481	1025	16	attribution	attribution	NOUN
cblr-8481	1025	17	.	.	PUNCT
cblr-8481	1026	1	for	for	ADP
cblr-8481	1026	2	example	example	NOUN
cblr-8481	1026	3	,	,	PUNCT
cblr-8481	1026	4	one	one	NUM
cblr-8481	1026	5	federal	federal	ADJ
cblr-8481	1026	6	judge	judge	NOUN
cblr-8481	1026	7	held	hold	VERB
cblr-8481	1026	8	that	that	SCONJ
cblr-8481	1026	9	“	"	PUNCT
cblr-8481	1026	10	the	the	DET
cblr-8481	1026	11	key	key	ADJ
cblr-8481	1026	12	element	element	NOUN
cblr-8481	1026	13	of	of	ADP
cblr-8481	1026	14	reliance	reliance	NOUN
cblr-8481	1026	15	under	under	ADP
cblr-8481	1026	16	section	section	NOUN
cblr-8481	1026	17	10(b	10(b	NUM
cblr-8481	1026	18	)	)	PUNCT
cblr-8481	1026	19	is	be	AUX
cblr-8481	1026	20	not	not	PART
cblr-8481	1026	21	satisfied	satisfied	ADJ
cblr-8481	1026	22	simply	simply	ADV
cblr-8481	1026	23	because	because	SCONJ
cblr-8481	1026	24	corporate	corporate	ADJ
cblr-8481	1026	25	insiders	insider	NOUN
cblr-8481	1026	26	or	or	CCONJ
cblr-8481	1026	27	professionals	professional	NOUN
cblr-8481	1026	28	working	work	VERB
cblr-8481	1026	29	behind	behind	ADP
cblr-8481	1026	30	the	the	DET
cblr-8481	1026	31	scenes	scene	NOUN
cblr-8481	1026	32	allegedly	allegedly	ADV
cblr-8481	1026	33	caused	cause	VERB
cblr-8481	1026	34	fraudulent	fraudulent	ADJ
cblr-8481	1026	35	statements	statement	NOUN
cblr-8481	1026	36	to	to	PART
cblr-8481	1026	37	be	be	AUX
cblr-8481	1026	38	made	make	VERB
cblr-8481	1026	39	as	as	ADP
cblr-8481	1026	40	part	part	NOUN
cblr-8481	1026	41	of	of	ADP
cblr-8481	1026	42	a	a	DET
cblr-8481	1026	43	scheme	scheme	NOUN
cblr-8481	1026	44	.	.	PUNCT
cblr-8481	1027	1	”240	”240	PROPN
cblr-8481	1027	2	however	however	ADV
cblr-8481	1027	3	,	,	PUNCT
cblr-8481	1027	4	this	this	DET
cblr-8481	1027	5	reading	reading	NOUN
cblr-8481	1027	6	does	do	AUX
cblr-8481	1027	7	not	not	PART
cblr-8481	1027	8	make	make	VERB
cblr-8481	1027	9	sense	sense	NOUN
cblr-8481	1027	10	,	,	PUNCT
cblr-8481	1027	11	as	as	SCONJ
cblr-8481	1027	12	parties	party	NOUN
cblr-8481	1027	13	who	who	PRON
cblr-8481	1027	14	actually	actually	ADV
cblr-8481	1027	15	participated	participate	VERB
cblr-8481	1027	16	in	in	ADP
cblr-8481	1027	17	the	the	DET
cblr-8481	1027	18	creation	creation	NOUN
cblr-8481	1027	19	of	of	ADP
cblr-8481	1027	20	misstatements	misstatement	NOUN
cblr-8481	1027	21	are	be	AUX
cblr-8481	1027	22	responsible	responsible	ADJ
cblr-8481	1027	23	for	for	ADP
cblr-8481	1027	24	those	those	DET
cblr-8481	1027	25	statements	statement	NOUN
cblr-8481	1027	26	going	go	VERB
cblr-8481	1027	27	out	out	ADP
cblr-8481	1027	28	to	to	ADP
cblr-8481	1027	29	the	the	DET
cblr-8481	1027	30	public	public	NOUN
cblr-8481	1027	31	and	and	CCONJ
cblr-8481	1027	32	the	the	DET
cblr-8481	1027	33	markets	market	NOUN
cblr-8481	1027	34	,	,	PUNCT
cblr-8481	1027	35	even	even	ADV
cblr-8481	1027	36	if	if	SCONJ
cblr-8481	1027	37	their	their	PRON
cblr-8481	1027	38	role	role	NOUN
cblr-8481	1027	39	is	be	AUX
cblr-8481	1027	40	not	not	PART
cblr-8481	1027	41	disclosed	disclose	VERB
cblr-8481	1027	42	.	.	PUNCT
cblr-8481	1028	1	in	in	ADP
cblr-8481	1028	2	fact	fact	NOUN
cblr-8481	1028	3	,	,	PUNCT
cblr-8481	1028	4	a	a	DET
cblr-8481	1028	5	court	court	NOUN
cblr-8481	1028	6	applying	apply	VERB
cblr-8481	1028	7	the	the	DET
cblr-8481	1028	8	“	"	PUNCT
cblr-8481	1028	9	modified	modified	ADJ
cblr-8481	1028	10	creator	creator	NOUN
cblr-8481	1028	11	standard	standard	NOUN
cblr-8481	1028	12	”	"	PUNCT
cblr-8481	1028	13	would	would	AUX
cblr-8481	1028	14	necessarily	necessarily	ADV
cblr-8481	1028	15	reject	reject	VERB
cblr-8481	1028	16	the	the	DET
cblr-8481	1028	17	idea	idea	NOUN
cblr-8481	1028	18	of	of	ADP
cblr-8481	1028	19	attribution	attribution	NOUN
cblr-8481	1028	20	.	.	PUNCT
cblr-8481	1029	1	236	236	NUM
cblr-8481	1029	2	the	the	DET
cblr-8481	1029	3	misconduct	misconduct	NOUN
cblr-8481	1029	4	at	at	ADP
cblr-8481	1029	5	issue	issue	NOUN
cblr-8481	1029	6	in	in	ADP
cblr-8481	1029	7	stoneridge	stoneridge	PROPN
cblr-8481	1029	8	involved	involve	VERB
cblr-8481	1029	9	“	"	PUNCT
cblr-8481	1029	10	entities	entity	NOUN
cblr-8481	1029	11	who	who	PRON
cblr-8481	1029	12	,	,	PUNCT
cblr-8481	1029	13	acting	act	VERB
cblr-8481	1029	14	both	both	PRON
cblr-8481	1029	15	as	as	ADP
cblr-8481	1029	16	customers	customer	NOUN
cblr-8481	1029	17	and	and	CCONJ
cblr-8481	1029	18	suppliers	supplier	NOUN
cblr-8481	1029	19	,	,	PUNCT
cblr-8481	1029	20	agreed	agree	VERB
cblr-8481	1029	21	to	to	ADP
cblr-8481	1029	22	arrangements	arrangement	NOUN
cblr-8481	1029	23	that	that	PRON
cblr-8481	1029	24	allowed	allow	VERB
cblr-8481	1029	25	the	the	DET
cblr-8481	1029	26	investors	investor	NOUN
cblr-8481	1029	27	’	’	PART
cblr-8481	1029	28	company	company	NOUN
cblr-8481	1029	29	to	to	PART
cblr-8481	1029	30	mislead	mislead	VERB
cblr-8481	1029	31	its	its	PRON
cblr-8481	1029	32	auditor	auditor	NOUN
cblr-8481	1029	33	and	and	CCONJ
cblr-8481	1029	34	issue	issue	VERB
cblr-8481	1029	35	a	a	DET
cblr-8481	1029	36	misleading	misleading	ADJ
cblr-8481	1029	37	financial	financial	ADJ
cblr-8481	1029	38	statement	statement	NOUN
cblr-8481	1029	39	affecting	affect	VERB
cblr-8481	1029	40	the	the	DET
cblr-8481	1029	41	stock	stock	NOUN
cblr-8481	1029	42	price	price	NOUN
cblr-8481	1029	43	.	.	PUNCT
cblr-8481	1029	44	”	"	PUNCT
cblr-8481	1030	1	552	552	NUM
cblr-8481	1030	2	u.s	u.s	PROPN
cblr-8481	1030	3	.	.	PROPN
cblr-8481	1030	4	at	at	ADP
cblr-8481	1030	5	152–53	152–53	PROPN
cblr-8481	1030	6	.	.	PUNCT
cblr-8481	1030	7	237	237	NUM
cblr-8481	1030	8	see	see	VERB
cblr-8481	1030	9	lorenzo	lorenzo	PROPN
cblr-8481	1030	10	v.	v.	ADP
cblr-8481	1030	11	sec	sec	PROPN
cblr-8481	1030	12	,	,	PUNCT
cblr-8481	1030	13	139	139	NUM
cblr-8481	1030	14	s.	s.	PROPN
cblr-8481	1030	15	ct	ct	PROPN
cblr-8481	1030	16	.	.	PROPN
cblr-8481	1030	17	1094	1094	NUM
cblr-8481	1030	18	,	,	PUNCT
cblr-8481	1030	19	1099	1099	NUM
cblr-8481	1030	20	(	(	PUNCT
cblr-8481	1030	21	2019	2019	NUM
cblr-8481	1030	22	)	)	PUNCT
cblr-8481	1030	23	.	.	PUNCT
cblr-8481	1031	1	238	238	NUM
cblr-8481	1031	2	see	see	VERB
cblr-8481	1031	3	janus	janus	PROPN
cblr-8481	1031	4	cap	cap	PROPN
cblr-8481	1031	5	.	.	PUNCT
cblr-8481	1032	1	grp	grp	PROPN
cblr-8481	1032	2	.	.	PUNCT
cblr-8481	1033	1	v.	v.	ADP
cblr-8481	1033	2	first	first	ADJ
cblr-8481	1033	3	derivative	derivative	ADJ
cblr-8481	1033	4	traders	trader	NOUN
cblr-8481	1033	5	,	,	PUNCT
cblr-8481	1034	1	564	564	NUM
cblr-8481	1034	2	u.s	u.s	PROPN
cblr-8481	1034	3	.	.	PROPN
cblr-8481	1034	4	135	135	NUM
cblr-8481	1034	5	,	,	PUNCT
cblr-8481	1034	6	140	140	NUM
cblr-8481	1034	7	(	(	PUNCT
cblr-8481	1034	8	2011	2011	NUM
cblr-8481	1034	9	)	)	PUNCT
cblr-8481	1034	10	.	.	PUNCT
cblr-8481	1035	1	239	239	NUM
cblr-8481	1035	2	stoneridge	stoneridge	PROPN
cblr-8481	1035	3	,	,	PUNCT
cblr-8481	1035	4	552	552	NUM
cblr-8481	1035	5	u.s	u.s	PROPN
cblr-8481	1035	6	.	.	PROPN
cblr-8481	1035	7	at	at	ADP
cblr-8481	1035	8	159–60	159–60	NUM
cblr-8481	1035	9	.	.	PROPN
cblr-8481	1035	10	240	240	NUM
cblr-8481	1035	11	george	george	PROPN
cblr-8481	1035	12	borden	borden	PROPN
cblr-8481	1035	13	&	&	CCONJ
cblr-8481	1035	14	john	john	PROPN
cblr-8481	1035	15	s.	s.	PROPN
cblr-8481	1035	16	williams	williams	PROPN
cblr-8481	1035	17	,	,	PUNCT
cblr-8481	1035	18	scheme	scheme	NOUN
cblr-8481	1035	19	liability	liability	NOUN
cblr-8481	1035	20	after	after	ADP
cblr-8481	1035	21	stoneridge	stoneridge	PROPN
cblr-8481	1035	22	,	,	PUNCT
cblr-8481	1035	23	law360	law360	PROPN
cblr-8481	1035	24	(	(	PUNCT
cblr-8481	1035	25	july	july	PROPN
cblr-8481	1035	26	18	18	NUM
cblr-8481	1035	27	,	,	PUNCT
cblr-8481	1035	28	2008	2008	NUM
cblr-8481	1035	29	,	,	PUNCT
cblr-8481	1035	30	12:00	12:00	NUM
cblr-8481	1035	31	am	am	NOUN
cblr-8481	1035	32	)	)	PUNCT
cblr-8481	1035	33	(	(	PUNCT
cblr-8481	1035	34	on	on	ADP
cblr-8481	1035	35	file	file	NOUN
cblr-8481	1035	36	with	with	ADP
cblr-8481	1035	37	the	the	DET
cblr-8481	1035	38	columbia	columbia	PROPN
cblr-8481	1035	39	business	business	PROPN
cblr-8481	1035	40	law	law	PROPN
cblr-8481	1035	41	review	review	PROPN
cblr-8481	1035	42	)	)	PUNCT
cblr-8481	1035	43	,	,	PUNCT
cblr-8481	1035	44	https://www.law360.com/articles/63032/schemeliability-after-stoneridge	https://www.law360.com/articles/63032/schemeliability-after-stoneridge	PROPN
cblr-8481	1035	45	(	(	PUNCT
cblr-8481	1035	46	citing	cite	VERB
cblr-8481	1035	47	in	in	ADP
cblr-8481	1035	48	re	re	PROPN
cblr-8481	1035	49	dvi	dvi	PROPN
cblr-8481	1035	50	inc	inc	PROPN
cblr-8481	1035	51	.	.	PROPN
cblr-8481	1035	52	sec	sec	PROPN
cblr-8481	1035	53	.	.	PUNCT
cblr-8481	1035	54	litig	litig	PROPN
cblr-8481	1035	55	.	.	PUNCT
cblr-8481	1035	56	,	,	PUNCT
cblr-8481	1035	57	249	249	NUM
cblr-8481	1035	58	f.r.d	f.r.d	NOUN
cblr-8481	1035	59	.	.	PROPN
cblr-8481	1035	60	196	196	NUM
cblr-8481	1035	61	,	,	PUNCT
cblr-8481	1035	62	217–18	217–18	NUM
cblr-8481	1035	63	(	(	PUNCT
cblr-8481	1035	64	e.d	e.d	PROPN
cblr-8481	1035	65	.	.	PROPN
cblr-8481	1035	66	pa	pa	PROPN
cblr-8481	1035	67	.	.	PROPN
cblr-8481	1035	68	2008	2008	NUM
cblr-8481	1035	69	)	)	PUNCT
cblr-8481	1035	70	)	)	PUNCT
cblr-8481	1035	71	.	.	PUNCT
cblr-8481	1036	1	note	note	NOUN
cblr-8481	1036	2	–	–	PUNCT
cblr-8481	1036	3	lieberman	lieberman	PROPN
cblr-8481	1037	1	6/13/2021	6/13/2021	NUM
cblr-8481	1037	2	8:45	8:45	NUM
cblr-8481	1037	3	pm	pm	NOUN
cblr-8481	1037	4	no	no	INTJ
cblr-8481	1037	5	.	.	PUNCT
cblr-8481	1038	1	1:352	1:352	NUM
cblr-8481	1038	2	]	]	X
cblr-8481	1038	3	lorenzo	lorenzo	PROPN
cblr-8481	1038	4	v.	v.	ADP
cblr-8481	1038	5	sec	sec	PROPN
cblr-8481	1038	6	and	and	CCONJ
cblr-8481	1038	7	the	the	DET
cblr-8481	1038	8	expansion	expansion	NOUN
cblr-8481	1038	9	of	of	ADP
cblr-8481	1038	10	scheme	scheme	NOUN
cblr-8481	1038	11	liability	liability	NOUN
cblr-8481	1038	12	409	409	NUM
cblr-8481	1038	13	donald	donald	PROPN
cblr-8481	1038	14	langevoort	langevoort	PROPN
cblr-8481	1038	15	rejected	reject	VERB
cblr-8481	1038	16	this	this	DET
cblr-8481	1038	17	approach	approach	NOUN
cblr-8481	1038	18	as	as	ADV
cblr-8481	1038	19	well	well	ADV
cblr-8481	1038	20	,	,	PUNCT
cblr-8481	1038	21	stating	state	VERB
cblr-8481	1038	22	that	that	SCONJ
cblr-8481	1038	23	suing	sue	VERB
cblr-8481	1038	24	persons	person	NOUN
cblr-8481	1038	25	beyond	beyond	ADP
cblr-8481	1038	26	the	the	DET
cblr-8481	1038	27	attributed	attribute	VERB
cblr-8481	1038	28	author	author	NOUN
cblr-8481	1038	29	that	that	PRON
cblr-8481	1038	30	are	be	AUX
cblr-8481	1038	31	“	"	PUNCT
cblr-8481	1038	32	integrally	integrally	ADV
cblr-8481	1038	33	involved	involve	VERB
cblr-8481	1038	34	in	in	ADP
cblr-8481	1038	35	the	the	DET
cblr-8481	1038	36	preparation	preparation	NOUN
cblr-8481	1038	37	of	of	ADP
cblr-8481	1038	38	the	the	DET
cblr-8481	1038	39	public	public	ADJ
cblr-8481	1038	40	disclosure	disclosure	NOUN
cblr-8481	1038	41	”	"	PUNCT
cblr-8481	1038	42	is	be	AUX
cblr-8481	1038	43	“	"	PUNCT
cblr-8481	1038	44	the	the	DET
cblr-8481	1038	45	opposite	opposite	NOUN
cblr-8481	1038	46	of	of	ADP
cblr-8481	1038	47	[	[	X
cblr-8481	1038	48	the	the	DET
cblr-8481	1038	49	]	]	X
cblr-8481	1038	50	attenuation	attenuation	NOUN
cblr-8481	1038	51	”	"	PUNCT
cblr-8481	1038	52	that	that	PRON
cblr-8481	1038	53	troubled	trouble	VERB
cblr-8481	1038	54	the	the	DET
cblr-8481	1038	55	stoneridge	stoneridge	NOUN
cblr-8481	1038	56	court.241	court.241	VERB
cblr-8481	1038	57	courts	court	NOUN
cblr-8481	1038	58	that	that	PRON
cblr-8481	1038	59	apply	apply	VERB
cblr-8481	1038	60	stoneridge	stoneridge	NOUN
cblr-8481	1038	61	in	in	ADP
cblr-8481	1038	62	a	a	DET
cblr-8481	1038	63	limited	limited	ADJ
cblr-8481	1038	64	manner	manner	NOUN
cblr-8481	1038	65	therefore	therefore	ADV
cblr-8481	1038	66	engage	engage	VERB
cblr-8481	1038	67	in	in	ADP
cblr-8481	1038	68	an	an	DET
cblr-8481	1038	69	analysis	analysis	NOUN
cblr-8481	1038	70	that	that	SCONJ
cblr-8481	1038	71	the	the	DET
cblr-8481	1038	72	“	"	PUNCT
cblr-8481	1038	73	supreme	supreme	PROPN
cblr-8481	1038	74	court	court	PROPN
cblr-8481	1038	75	squarely	squarely	ADV
cblr-8481	1038	76	rejected	reject	VERB
cblr-8481	1038	77	.	.	PUNCT
cblr-8481	1038	78	”242	”242	PUNCT
cblr-8481	1039	1	on	on	ADP
cblr-8481	1039	2	this	this	DET
cblr-8481	1039	3	view	view	NOUN
cblr-8481	1039	4	,	,	PUNCT
cblr-8481	1039	5	stoneridge	stoneridge	PROPN
cblr-8481	1039	6	is	be	AUX
cblr-8481	1039	7	consistent	consistent	ADJ
cblr-8481	1039	8	with	with	ADP
cblr-8481	1039	9	a	a	DET
cblr-8481	1039	10	presumption	presumption	NOUN
cblr-8481	1039	11	of	of	ADP
cblr-8481	1039	12	reliance	reliance	NOUN
cblr-8481	1039	13	in	in	ADP
cblr-8481	1039	14	scheme	scheme	NOUN
cblr-8481	1039	15	liability	liability	NOUN
cblr-8481	1039	16	class	class	NOUN
cblr-8481	1039	17	actions	action	NOUN
cblr-8481	1039	18	so	so	ADV
cblr-8481	1039	19	long	long	ADV
cblr-8481	1039	20	as	as	SCONJ
cblr-8481	1039	21	the	the	DET
cblr-8481	1039	22	conduct	conduct	NOUN
cblr-8481	1039	23	at	at	ADP
cblr-8481	1039	24	issue	issue	NOUN
cblr-8481	1039	25	is	be	AUX
cblr-8481	1039	26	directly	directly	ADV
cblr-8481	1039	27	related	relate	VERB
cblr-8481	1039	28	to	to	ADP
cblr-8481	1039	29	the	the	DET
cblr-8481	1039	30	misstatements	misstatement	NOUN
cblr-8481	1039	31	released	release	VERB
cblr-8481	1039	32	to	to	ADP
cblr-8481	1039	33	the	the	DET
cblr-8481	1039	34	public.243	public.243	NOUN
cblr-8481	1039	35	this	this	PRON
cblr-8481	1039	36	would	would	AUX
cblr-8481	1039	37	ensure	ensure	VERB
cblr-8481	1039	38	that	that	SCONJ
cblr-8481	1039	39	reliance	reliance	NOUN
cblr-8481	1039	40	serves	serve	VERB
cblr-8481	1039	41	as	as	ADP
cblr-8481	1039	42	a	a	DET
cblr-8481	1039	43	barrier	barrier	NOUN
cblr-8481	1039	44	to	to	ADP
cblr-8481	1039	45	cases	case	NOUN
cblr-8481	1039	46	where	where	SCONJ
cblr-8481	1039	47	the	the	DET
cblr-8481	1039	48	defendant	defendant	NOUN
cblr-8481	1039	49	’s	’s	PART
cblr-8481	1039	50	connection	connection	NOUN
cblr-8481	1039	51	to	to	ADP
cblr-8481	1039	52	the	the	DET
cblr-8481	1039	53	plaintiff	plaintiff	NOUN
cblr-8481	1039	54	is	be	AUX
cblr-8481	1039	55	too	too	ADV
cblr-8481	1039	56	attenuated	attenuate	VERB
cblr-8481	1039	57	while	while	SCONJ
cblr-8481	1039	58	allowing	allow	VERB
cblr-8481	1039	59	meritorious	meritorious	ADJ
cblr-8481	1039	60	suits	suit	NOUN
cblr-8481	1039	61	to	to	PART
cblr-8481	1039	62	go	go	VERB
cblr-8481	1039	63	forward	forward	ADV
cblr-8481	1039	64	when	when	SCONJ
cblr-8481	1039	65	a	a	DET
cblr-8481	1039	66	more	more	ADV
cblr-8481	1039	67	direct	direct	ADJ
cblr-8481	1039	68	connection	connection	NOUN
cblr-8481	1039	69	can	can	AUX
cblr-8481	1039	70	be	be	AUX
cblr-8481	1039	71	found	find	VERB
cblr-8481	1039	72	.	.	PUNCT
cblr-8481	1040	1	the	the	DET
cblr-8481	1040	2	policy	policy	NOUN
cblr-8481	1040	3	analysis	analysis	NOUN
cblr-8481	1040	4	of	of	ADP
cblr-8481	1040	5	this	this	DET
cblr-8481	1040	6	part	part	NOUN
cblr-8481	1040	7	ultimately	ultimately	ADV
cblr-8481	1040	8	balances	balance	VERB
cblr-8481	1040	9	deterring	deter	VERB
cblr-8481	1040	10	fraud	fraud	NOUN
cblr-8481	1040	11	and	and	CCONJ
cblr-8481	1040	12	safeguarding	safeguard	VERB
cblr-8481	1040	13	issuers	issuer	NOUN
cblr-8481	1040	14	against	against	ADP
cblr-8481	1040	15	vexatious	vexatious	ADJ
cblr-8481	1040	16	lawsuits	lawsuit	NOUN
cblr-8481	1040	17	.	.	PUNCT
cblr-8481	1041	1	the	the	DET
cblr-8481	1041	2	cost	cost	NOUN
cblr-8481	1041	3	of	of	ADP
cblr-8481	1041	4	implementing	implement	VERB
cblr-8481	1041	5	the	the	DET
cblr-8481	1041	6	“	"	PUNCT
cblr-8481	1041	7	modified	modified	ADJ
cblr-8481	1041	8	creator	creator	NOUN
cblr-8481	1041	9	standard	standard	NOUN
cblr-8481	1041	10	”	"	PUNCT
cblr-8481	1041	11	is	be	AUX
cblr-8481	1041	12	that	that	SCONJ
cblr-8481	1041	13	it	it	PRON
cblr-8481	1041	14	expands	expand	VERB
cblr-8481	1041	15	the	the	DET
cblr-8481	1041	16	scope	scope	NOUN
cblr-8481	1041	17	of	of	ADP
cblr-8481	1041	18	primary	primary	ADJ
cblr-8481	1041	19	liability	liability	NOUN
cblr-8481	1041	20	,	,	PUNCT
cblr-8481	1041	21	increasing	increase	VERB
cblr-8481	1041	22	the	the	DET
cblr-8481	1041	23	potential	potential	NOUN
cblr-8481	1041	24	for	for	SCONJ
cblr-8481	1041	25	defendants	defendant	NOUN
cblr-8481	1041	26	to	to	PART
cblr-8481	1041	27	face	face	VERB
cblr-8481	1041	28	wasteful	wasteful	ADJ
cblr-8481	1041	29	litigation	litigation	NOUN
cblr-8481	1041	30	.	.	PUNCT
cblr-8481	1042	1	however	however	ADV
cblr-8481	1042	2	,	,	PUNCT
cblr-8481	1042	3	the	the	DET
cblr-8481	1042	4	current	current	ADJ
cblr-8481	1042	5	system	system	NOUN
cblr-8481	1042	6	imposed	impose	VERB
cblr-8481	1042	7	by	by	ADP
cblr-8481	1042	8	janus	janus	PROPN
cblr-8481	1042	9	,	,	PUNCT
cblr-8481	1042	10	by	by	ADP
cblr-8481	1042	11	focusing	focus	VERB
cblr-8481	1042	12	so	so	ADV
cblr-8481	1042	13	much	much	ADV
cblr-8481	1042	14	on	on	ADP
cblr-8481	1042	15	filtering	filter	VERB
cblr-8481	1042	16	out	out	ADP
cblr-8481	1042	17	cases	case	NOUN
cblr-8481	1042	18	,	,	PUNCT
cblr-8481	1042	19	does	do	VERB
cblr-8481	1042	20	little	little	ADJ
cblr-8481	1042	21	to	to	PART
cblr-8481	1042	22	deter	deter	VERB
cblr-8481	1042	23	fraudulent	fraudulent	ADJ
cblr-8481	1042	24	conduct	conduct	NOUN
cblr-8481	1042	25	.	.	PUNCT
cblr-8481	1043	1	it	it	PRON
cblr-8481	1043	2	primarily	primarily	ADV
cblr-8481	1043	3	imposes	impose	VERB
cblr-8481	1043	4	liability	liability	NOUN
cblr-8481	1043	5	on	on	ADP
cblr-8481	1043	6	issuers	issuer	NOUN
cblr-8481	1043	7	and	and	CCONJ
cblr-8481	1043	8	high	high	ADJ
cblr-8481	1043	9	-	-	PUNCT
cblr-8481	1043	10	level	level	NOUN
cblr-8481	1043	11	managers	manager	NOUN
cblr-8481	1043	12	,	,	PUNCT
cblr-8481	1043	13	both	both	PRON
cblr-8481	1043	14	which	which	PRON
cblr-8481	1043	15	are	be	AUX
cblr-8481	1043	16	either	either	CCONJ
cblr-8481	1043	17	insured	insure	VERB
cblr-8481	1043	18	or	or	CCONJ
cblr-8481	1043	19	indemnified	indemnify	VERB
cblr-8481	1043	20	against	against	ADP
cblr-8481	1043	21	lawsuit	lawsuit	NOUN
cblr-8481	1043	22	,	,	PUNCT
cblr-8481	1043	23	thereby	thereby	ADV
cblr-8481	1043	24	ensuring	ensure	VERB
cblr-8481	1043	25	that	that	SCONJ
cblr-8481	1043	26	shareholders	shareholder	NOUN
cblr-8481	1043	27	rather	rather	ADV
cblr-8481	1043	28	than	than	ADP
cblr-8481	1043	29	fraudsters	fraudster	NOUN
cblr-8481	1043	30	bear	bear	VERB
cblr-8481	1043	31	litigation	litigation	NOUN
cblr-8481	1043	32	costs.244	costs.244	VERB
cblr-8481	1043	33	by	by	ADP
cblr-8481	1043	34	contrast	contrast	NOUN
cblr-8481	1043	35	,	,	PUNCT
cblr-8481	1043	36	opening	open	VERB
cblr-8481	1043	37	liability	liability	NOUN
cblr-8481	1043	38	up	up	ADP
cblr-8481	1043	39	to	to	ADP
cblr-8481	1043	40	lower	low	ADJ
cblr-8481	1043	41	-	-	PUNCT
cblr-8481	1043	42	level	level	NOUN
cblr-8481	1043	43	employees	employee	NOUN
cblr-8481	1043	44	,	,	PUNCT
cblr-8481	1043	45	middle	middle	ADJ
cblr-8481	1043	46	managers	manager	NOUN
cblr-8481	1043	47	,	,	PUNCT
cblr-8481	1043	48	and	and	CCONJ
cblr-8481	1043	49	third	third	ADJ
cblr-8481	1043	50	-	-	PUNCT
cblr-8481	1043	51	party	party	NOUN
cblr-8481	1043	52	gatekeepers	gatekeeper	NOUN
cblr-8481	1043	53	ensures	ensure	VERB
cblr-8481	1043	54	that	that	SCONJ
cblr-8481	1043	55	more	more	ADJ
cblr-8481	1043	56	participants	participant	NOUN
cblr-8481	1043	57	in	in	ADP
cblr-8481	1043	58	the	the	DET
cblr-8481	1043	59	creation	creation	NOUN
cblr-8481	1043	60	and	and	CCONJ
cblr-8481	1043	61	dissemination	dissemination	NOUN
cblr-8481	1043	62	of	of	ADP
cblr-8481	1043	63	false	false	ADJ
cblr-8481	1043	64	statements	statement	NOUN
cblr-8481	1043	65	will	will	AUX
cblr-8481	1043	66	be	be	AUX
cblr-8481	1043	67	penalized	penalize	VERB
cblr-8481	1043	68	.	.	PUNCT
cblr-8481	1044	1	these	these	DET
cblr-8481	1044	2	participants	participant	NOUN
cblr-8481	1044	3	then	then	ADV
cblr-8481	1044	4	have	have	VERB
cblr-8481	1044	5	an	an	DET
cblr-8481	1044	6	incentive	incentive	NOUN
cblr-8481	1044	7	to	to	PART
cblr-8481	1044	8	ensure	ensure	VERB
cblr-8481	1044	9	all	all	DET
cblr-8481	1044	10	public	public	ADJ
cblr-8481	1044	11	disclosures	disclosure	NOUN
cblr-8481	1044	12	for	for	ADP
cblr-8481	1044	13	which	which	PRON
cblr-8481	1044	14	they	they	PRON
cblr-8481	1044	15	are	be	AUX
cblr-8481	1044	16	241	241	NUM
cblr-8481	1044	17	langevoort	langevoort	NOUN
cblr-8481	1044	18	,	,	PUNCT
cblr-8481	1044	19	supra	supra	PROPN
cblr-8481	1044	20	note	note	PROPN
cblr-8481	1044	21	38	38	NUM
cblr-8481	1044	22	,	,	PUNCT
cblr-8481	1044	23	at	at	ADP
cblr-8481	1044	24	2156	2156	NUM
cblr-8481	1044	25	.	.	PUNCT
cblr-8481	1045	1	242	242	NUM
cblr-8481	1046	1	i	i	PRON
cblr-8481	1046	2	d.	d.	NOUN
cblr-8481	1046	3	at	at	ADP
cblr-8481	1046	4	2164	2164	NUM
cblr-8481	1046	5	(	(	PUNCT
cblr-8481	1046	6	discussing	discuss	VERB
cblr-8481	1046	7	reasoning	reasoning	NOUN
cblr-8481	1046	8	ignoring	ignore	VERB
cblr-8481	1046	9	the	the	DET
cblr-8481	1046	10	degree	degree	NOUN
cblr-8481	1046	11	of	of	ADP
cblr-8481	1046	12	the	the	DET
cblr-8481	1046	13	defendant	defendant	NOUN
cblr-8481	1046	14	’s	’s	PART
cblr-8481	1046	15	involvement	involvement	NOUN
cblr-8481	1046	16	in	in	ADP
cblr-8481	1046	17	a	a	DET
cblr-8481	1046	18	misrepresentation	misrepresentation	NOUN
cblr-8481	1046	19	)	)	PUNCT
cblr-8481	1046	20	.	.	PUNCT
cblr-8481	1047	1	243	243	NUM
cblr-8481	1047	2	in	in	ADP
cblr-8481	1047	3	my	my	PRON
cblr-8481	1047	4	view	view	NOUN
cblr-8481	1047	5	,	,	PUNCT
cblr-8481	1047	6	this	this	PRON
cblr-8481	1047	7	would	would	AUX
cblr-8481	1047	8	entail	entail	VERB
cblr-8481	1047	9	requiring	require	VERB
cblr-8481	1047	10	the	the	DET
cblr-8481	1047	11	plaintiffs	plaintiff	NOUN
cblr-8481	1047	12	to	to	PART
cblr-8481	1047	13	show	show	VERB
cblr-8481	1047	14	the	the	DET
cblr-8481	1047	15	connection	connection	NOUN
cblr-8481	1047	16	between	between	ADP
cblr-8481	1047	17	the	the	DET
cblr-8481	1047	18	misconduct	misconduct	NOUN
cblr-8481	1047	19	alleged	allege	VERB
cblr-8481	1047	20	and	and	CCONJ
cblr-8481	1047	21	the	the	DET
cblr-8481	1047	22	dissemination	dissemination	NOUN
cblr-8481	1047	23	of	of	ADP
cblr-8481	1047	24	the	the	DET
cblr-8481	1047	25	misstatement	misstatement	NOUN
cblr-8481	1047	26	to	to	ADP
cblr-8481	1047	27	the	the	DET
cblr-8481	1047	28	public	public	NOUN
cblr-8481	1047	29	.	.	PUNCT
cblr-8481	1048	1	thus	thus	ADV
cblr-8481	1048	2	,	,	PUNCT
cblr-8481	1048	3	even	even	ADV
cblr-8481	1048	4	if	if	SCONJ
cblr-8481	1048	5	the	the	DET
cblr-8481	1048	6	defendant	defendant	NOUN
cblr-8481	1048	7	’s	’s	PART
cblr-8481	1048	8	role	role	NOUN
cblr-8481	1048	9	in	in	ADP
cblr-8481	1048	10	crafting	craft	VERB
cblr-8481	1048	11	the	the	DET
cblr-8481	1048	12	misstatement	misstatement	NOUN
cblr-8481	1048	13	is	be	AUX
cblr-8481	1048	14	not	not	PART
cblr-8481	1048	15	publicly	publicly	ADV
cblr-8481	1048	16	known	know	VERB
cblr-8481	1048	17	,	,	PUNCT
cblr-8481	1048	18	the	the	DET
cblr-8481	1048	19	fact	fact	NOUN
cblr-8481	1048	20	that	that	SCONJ
cblr-8481	1048	21	they	they	PRON
cblr-8481	1048	22	contributed	contribute	VERB
cblr-8481	1048	23	to	to	ADP
cblr-8481	1048	24	the	the	DET
cblr-8481	1048	25	creation	creation	NOUN
cblr-8481	1048	26	and	and	CCONJ
cblr-8481	1048	27	dissemination	dissemination	NOUN
cblr-8481	1048	28	of	of	ADP
cblr-8481	1048	29	a	a	DET
cblr-8481	1048	30	statement	statement	NOUN
cblr-8481	1048	31	to	to	ADP
cblr-8481	1048	32	the	the	DET
cblr-8481	1048	33	investing	invest	VERB
cblr-8481	1048	34	public	public	NOUN
cblr-8481	1048	35	means	mean	VERB
cblr-8481	1048	36	that	that	SCONJ
cblr-8481	1048	37	reliance	reliance	NOUN
cblr-8481	1048	38	on	on	ADP
cblr-8481	1048	39	their	their	PRON
cblr-8481	1048	40	conduct	conduct	NOUN
cblr-8481	1048	41	can	can	AUX
cblr-8481	1048	42	be	be	AUX
cblr-8481	1048	43	presumed	presume	VERB
cblr-8481	1048	44	.	.	PUNCT
cblr-8481	1049	1	244	244	NUM
cblr-8481	1049	2	see	see	VERB
cblr-8481	1049	3	supra	supra	PROPN
cblr-8481	1049	4	notes	note	VERB
cblr-8481	1049	5	202–08	202–08	PROPN
cblr-8481	1049	6	and	and	CCONJ
cblr-8481	1049	7	accompanying	accompany	VERB
cblr-8481	1049	8	text	text	NOUN
cblr-8481	1049	9	.	.	PUNCT
cblr-8481	1050	1	note	note	VERB
cblr-8481	1050	2	lieberman	lieberman	PROPN
cblr-8481	1050	3	6/13/2021	6/13/2021	NUM
cblr-8481	1050	4	8:45	8:45	NUM
cblr-8481	1050	5	pm	pm	NOUN
cblr-8481	1050	6	410	410	NUM
cblr-8481	1050	7	columbia	columbia	PROPN
cblr-8481	1050	8	business	business	NOUN
cblr-8481	1050	9	law	law	PROPN
cblr-8481	1050	10	review	review	NOUN
cblr-8481	1051	1	[	[	X
cblr-8481	1051	2	vol	vol	NOUN
cblr-8481	1051	3	.	.	PUNCT
cblr-8481	1051	4	2021	2021	NUM
cblr-8481	1051	5	responsible	responsible	ADJ
cblr-8481	1051	6	are	be	AUX
cblr-8481	1051	7	truthful	truthful	ADJ
cblr-8481	1051	8	.	.	PUNCT
cblr-8481	1052	1	the	the	DET
cblr-8481	1052	2	“	"	PUNCT
cblr-8481	1052	3	modified	modified	ADJ
cblr-8481	1052	4	creator	creator	NOUN
cblr-8481	1052	5	standard	standard	NOUN
cblr-8481	1052	6	,	,	PUNCT
cblr-8481	1052	7	”	"	PUNCT
cblr-8481	1052	8	even	even	ADV
cblr-8481	1052	9	if	if	SCONJ
cblr-8481	1052	10	the	the	DET
cblr-8481	1052	11	fotm	fotm	PROPN
cblr-8481	1052	12	presumption	presumption	NOUN
cblr-8481	1052	13	applies	applie	NOUN
cblr-8481	1052	14	,	,	PUNCT
cblr-8481	1052	15	embraces	embrace	VERB
cblr-8481	1052	16	this	this	DET
cblr-8481	1052	17	incentive	incentive	NOUN
cblr-8481	1052	18	but	but	CCONJ
cblr-8481	1052	19	tempers	temper	VERB
cblr-8481	1052	20	it	it	PRON
cblr-8481	1052	21	by	by	ADP
cblr-8481	1052	22	retaining	retain	VERB
cblr-8481	1052	23	many	many	ADJ
cblr-8481	1052	24	of	of	ADP
cblr-8481	1052	25	the	the	DET
cblr-8481	1052	26	threshold	threshold	NOUN
cblr-8481	1052	27	requirements	requirement	NOUN
cblr-8481	1052	28	to	to	PART
cblr-8481	1052	29	for	for	ADP
cblr-8481	1052	30	pleading	pleading	NOUN
cblr-8481	1052	31	and	and	CCONJ
cblr-8481	1052	32	class	class	NOUN
cblr-8481	1052	33	certification	certification	NOUN
cblr-8481	1052	34	—	—	PUNCT
cblr-8481	1052	35	especially	especially	ADV
cblr-8481	1052	36	the	the	DET
cblr-8481	1052	37	scienter	scienter	NOUN
cblr-8481	1052	38	and	and	CCONJ
cblr-8481	1052	39	reliance	reliance	NOUN
cblr-8481	1052	40	requirements	requirement	NOUN
cblr-8481	1052	41	.	.	PUNCT
cblr-8481	1053	1	vi	vi	X
cblr-8481	1053	2	.	.	PUNCT
cblr-8481	1054	1	the	the	DET
cblr-8481	1054	2	“	"	PUNCT
cblr-8481	1054	3	modified	modified	ADJ
cblr-8481	1054	4	creator	creator	NOUN
cblr-8481	1054	5	standard	standard	NOUN
cblr-8481	1054	6	”	"	PUNCT
cblr-8481	1054	7	and	and	CCONJ
cblr-8481	1054	8	sec	sec	PROPN
cblr-8481	1054	9	enforcement	enforcement	NOUN
cblr-8481	1054	10	using	use	VERB
cblr-8481	1054	11	lorenzo	lorenzo	NOUN
cblr-8481	1054	12	to	to	PART
cblr-8481	1054	13	expand	expand	VERB
cblr-8481	1054	14	the	the	DET
cblr-8481	1054	15	scope	scope	NOUN
cblr-8481	1054	16	of	of	ADP
cblr-8481	1054	17	scheme	scheme	NOUN
cblr-8481	1054	18	liability	liability	NOUN
cblr-8481	1054	19	to	to	PART
cblr-8481	1054	20	include	include	VERB
cblr-8481	1054	21	coauthorship	coauthorship	NOUN
cblr-8481	1054	22	of	of	ADP
cblr-8481	1054	23	false	false	ADJ
cblr-8481	1054	24	statements	statement	NOUN
cblr-8481	1054	25	also	also	ADV
cblr-8481	1054	26	allows	allow	VERB
cblr-8481	1054	27	the	the	DET
cblr-8481	1054	28	sec	sec	PROPN
cblr-8481	1054	29	to	to	PART
cblr-8481	1054	30	better	well	ADV
cblr-8481	1054	31	carry	carry	VERB
cblr-8481	1054	32	out	out	ADP
cblr-8481	1054	33	its	its	PRON
cblr-8481	1054	34	mission	mission	NOUN
cblr-8481	1054	35	of	of	ADP
cblr-8481	1054	36	“	"	PUNCT
cblr-8481	1054	37	[	[	X
cblr-8481	1054	38	p]rotect[ing	p]rotect[ing	NOUN
cblr-8481	1054	39	]	]	PUNCT
cblr-8481	1054	40	investors	investor	NOUN
cblr-8481	1055	1	[	[	X
cblr-8481	1055	2	,	,	X
cblr-8481	1055	3	]	]	X
cblr-8481	1056	1	[	[	X
cblr-8481	1056	2	m]aintain[ing	m]aintain[e	VERB
cblr-8481	1056	3	]	]	X
cblr-8481	1056	4	fair	fair	ADJ
cblr-8481	1056	5	,	,	PUNCT
cblr-8481	1056	6	orderly	orderly	ADJ
cblr-8481	1056	7	,	,	PUNCT
cblr-8481	1056	8	and	and	CCONJ
cblr-8481	1056	9	efficient	efficient	ADJ
cblr-8481	1056	10	markets	market	NOUN
cblr-8481	1056	11	[	[	X
cblr-8481	1056	12	,	,	X
cblr-8481	1056	13	]	]	X
cblr-8481	1057	1	[	[	X
cblr-8481	1057	2	and	and	CCONJ
cblr-8481	1057	3	]	]	X
cblr-8481	1057	4	[	[	X
cblr-8481	1057	5	f]acilitat[ing	f]acilitat[ing	X
cblr-8481	1057	6	]	]	PUNCT
cblr-8481	1057	7	capital	capital	NOUN
cblr-8481	1057	8	formation	formation	NOUN
cblr-8481	1057	9	.	.	PUNCT
cblr-8481	1058	1	”245	”245	PUNCT
cblr-8481	1058	2	although	although	SCONJ
cblr-8481	1058	3	the	the	DET
cblr-8481	1058	4	sec	sec	PROPN
cblr-8481	1058	5	is	be	AUX
cblr-8481	1058	6	able	able	ADJ
cblr-8481	1058	7	to	to	PART
cblr-8481	1058	8	bring	bring	VERB
cblr-8481	1058	9	aiding	aid	VERB
cblr-8481	1058	10	and	and	CCONJ
cblr-8481	1058	11	abetting	abet	VERB
cblr-8481	1058	12	actions	action	NOUN
cblr-8481	1058	13	under	under	ADP
cblr-8481	1058	14	section	section	NOUN
cblr-8481	1058	15	20(e),246	20(e),246	NUM
cblr-8481	1058	16	the	the	DET
cblr-8481	1058	17	janus	janus	PROPN
cblr-8481	1058	18	decision	decision	NOUN
cblr-8481	1058	19	unnecessarily	unnecessarily	ADV
cblr-8481	1058	20	constrained	constrain	VERB
cblr-8481	1058	21	its	its	PRON
cblr-8481	1058	22	ability	ability	NOUN
cblr-8481	1058	23	to	to	PART
cblr-8481	1058	24	bring	bring	VERB
cblr-8481	1058	25	enforcement	enforcement	NOUN
cblr-8481	1058	26	actions	action	NOUN
cblr-8481	1058	27	.	.	PUNCT
cblr-8481	1059	1	the	the	DET
cblr-8481	1059	2	janus	janus	PROPN
cblr-8481	1059	3	decision	decision	NOUN
cblr-8481	1059	4	itself	itself	PRON
cblr-8481	1059	5	left	leave	VERB
cblr-8481	1059	6	it	it	PRON
cblr-8481	1059	7	open	open	ADJ
cblr-8481	1059	8	to	to	ADP
cblr-8481	1059	9	interpretation	interpretation	NOUN
cblr-8481	1059	10	whether	whether	SCONJ
cblr-8481	1059	11	or	or	CCONJ
cblr-8481	1059	12	not	not	PART
cblr-8481	1059	13	the	the	DET
cblr-8481	1059	14	court	court	NOUN
cblr-8481	1059	15	’s	’s	PART
cblr-8481	1059	16	definition	definition	NOUN
cblr-8481	1059	17	of	of	ADP
cblr-8481	1059	18	“	"	PUNCT
cblr-8481	1059	19	make	make	VERB
cblr-8481	1059	20	”	"	PUNCT
cblr-8481	1059	21	would	would	AUX
cblr-8481	1059	22	apply	apply	VERB
cblr-8481	1059	23	to	to	ADP
cblr-8481	1059	24	sec	sec	PROPN
cblr-8481	1059	25	enforcement,247	enforcement,247	PROPN
cblr-8481	1059	26	but	but	CCONJ
cblr-8481	1060	1	the	the	DET
cblr-8481	1060	2	d.c	d.c	PROPN
cblr-8481	1060	3	.	.	PROPN
cblr-8481	1060	4	circuit	circuit	PROPN
cblr-8481	1060	5	found	find	VERB
cblr-8481	1060	6	that	that	SCONJ
cblr-8481	1060	7	janus	janus	PROPN
cblr-8481	1060	8	was	be	AUX
cblr-8481	1060	9	binding	bind	VERB
cblr-8481	1060	10	on	on	ADP
cblr-8481	1060	11	the	the	DET
cblr-8481	1060	12	sec	sec	PROPN
cblr-8481	1060	13	,	,	PUNCT
cblr-8481	1060	14	a	a	DET
cblr-8481	1060	15	presumption	presumption	NOUN
cblr-8481	1060	16	that	that	PRON
cblr-8481	1060	17	went	go	VERB
cblr-8481	1060	18	245	245	NUM
cblr-8481	1060	19	u.s	u.s	PROPN
cblr-8481	1060	20	.	.	PROPN
cblr-8481	1060	21	sec	sec	PROPN
cblr-8481	1060	22	.	.	PROPN
cblr-8481	1060	23	&	&	CCONJ
cblr-8481	1060	24	exch	exch	PROPN
cblr-8481	1060	25	comm’n	comm’n	PROPN
cblr-8481	1060	26	,	,	PUNCT
cblr-8481	1060	27	the	the	DET
cblr-8481	1060	28	role	role	NOUN
cblr-8481	1060	29	of	of	ADP
cblr-8481	1060	30	the	the	DET
cblr-8481	1060	31	sec	sec	PROPN
cblr-8481	1060	32	,	,	PUNCT
cblr-8481	1060	33	investor.gov	investor.gov	X
cblr-8481	1060	34	(	(	PUNCT
cblr-8481	1060	35	bullet	bullet	NOUN
cblr-8481	1060	36	points	point	NOUN
cblr-8481	1060	37	omitted	omit	VERB
cblr-8481	1060	38	)	)	PUNCT
cblr-8481	1060	39	,	,	PUNCT
cblr-8481	1060	40	https://www.investor	https://www.investor	PROPN
cblr-8481	1060	41	.	.	PUNCT
cblr-8481	1061	1	gov	gov	PROPN
cblr-8481	1061	2	/introductioninvesting	/introductioninvesting	PROPN
cblr-8481	1061	3	/	/	SYM
cblr-8481	1061	4	basics	basic	NOUN
cblr-8481	1061	5	/	/	SYM
cblr-8481	1061	6	role	role	NOUN
cblr-8481	1061	7	-	-	PUNCT
cblr-8481	1061	8	sec	sec	PROPN
cblr-8481	1061	9	[	[	X
cblr-8481	1061	10	https://perma.cc/g7zd-n963	https://perma.cc/g7zd-n963	X
cblr-8481	1061	11	]	]	PUNCT
cblr-8481	1061	12	(	(	PUNCT
cblr-8481	1061	13	last	last	ADV
cblr-8481	1061	14	visited	visit	VERB
cblr-8481	1061	15	nov	nov	PROPN
cblr-8481	1061	16	.	.	PROPN
cblr-8481	1061	17	17	17	NUM
cblr-8481	1061	18	,	,	PUNCT
cblr-8481	1061	19	2020	2020	NUM
cblr-8481	1061	20	)	)	PUNCT
cblr-8481	1061	21	.	.	PUNCT
cblr-8481	1062	1	246	246	NUM
cblr-8481	1062	2	see	see	VERB
cblr-8481	1062	3	note	note	NOUN
cblr-8481	1062	4	31	31	NUM
cblr-8481	1062	5	and	and	CCONJ
cblr-8481	1062	6	accompanying	accompany	VERB
cblr-8481	1062	7	text	text	NOUN
cblr-8481	1062	8	.	.	PUNCT
cblr-8481	1063	1	247	247	NUM
cblr-8481	1063	2	see	see	VERB
cblr-8481	1063	3	langevoort	langevoort	NOUN
cblr-8481	1063	4	,	,	PUNCT
cblr-8481	1063	5	supra	supra	PROPN
cblr-8481	1063	6	note	note	NOUN
cblr-8481	1063	7	219	219	NUM
cblr-8481	1063	8	,	,	PUNCT
cblr-8481	1063	9	at	at	ADP
cblr-8481	1063	10	941	941	NUM
cblr-8481	1063	11	(	(	PUNCT
cblr-8481	1063	12	“	"	PUNCT
cblr-8481	1063	13	[	[	X
cblr-8481	1063	14	w]e	w]e	NOUN
cblr-8481	1063	15	are	be	AUX
cblr-8481	1063	16	being	be	AUX
cblr-8481	1063	17	told	tell	VERB
cblr-8481	1063	18	[	[	PUNCT
cblr-8481	1063	19	by	by	ADP
cblr-8481	1063	20	janus	janus	PROPN
cblr-8481	1063	21	]	]	X
cblr-8481	1063	22	what	what	PRON
cblr-8481	1063	23	‘	'	PUNCT
cblr-8481	1063	24	make	make	VERB
cblr-8481	1063	25	’	'	PUNCT
cblr-8481	1063	26	means	mean	NOUN
cblr-8481	1063	27	in	in	ADP
cblr-8481	1063	28	the	the	DET
cblr-8481	1063	29	context	context	NOUN
cblr-8481	1063	30	of	of	ADP
cblr-8481	1063	31	private	private	ADJ
cblr-8481	1063	32	securities	security	NOUN
cblr-8481	1063	33	litigation	litigation	NOUN
cblr-8481	1063	34	under	under	ADP
cblr-8481	1063	35	rule	rule	NOUN
cblr-8481	1063	36	10b-5	10b-5	NUM
cblr-8481	1063	37	,	,	PUNCT
cblr-8481	1063	38	leaving	leave	VERB
cblr-8481	1063	39	open	open	ADV
cblr-8481	1063	40	how	how	SCONJ
cblr-8481	1063	41	it	it	PRON
cblr-8481	1063	42	is	be	AUX
cblr-8481	1063	43	to	to	PART
cblr-8481	1063	44	be	be	AUX
cblr-8481	1063	45	construed	construe	VERB
cblr-8481	1063	46	in	in	ADP
cblr-8481	1063	47	the	the	DET
cblr-8481	1063	48	context	context	NOUN
cblr-8481	1063	49	of	of	ADP
cblr-8481	1063	50	public	public	ADJ
cblr-8481	1063	51	enforcement	enforcement	NOUN
cblr-8481	1063	52	.	.	PUNCT
cblr-8481	1063	53	”	"	PUNCT
cblr-8481	1063	54	)	)	PUNCT
cblr-8481	1063	55	.	.	PUNCT
cblr-8481	1064	1	note	note	NOUN
cblr-8481	1064	2	–	–	PUNCT
cblr-8481	1064	3	lieberman	lieberman	PROPN
cblr-8481	1065	1	6/13/2021	6/13/2021	NUM
cblr-8481	1065	2	8:45	8:45	NUM
cblr-8481	1065	3	pm	pm	NOUN
cblr-8481	1065	4	no	no	INTJ
cblr-8481	1065	5	.	.	PUNCT
cblr-8481	1066	1	1:352	1:352	NUM
cblr-8481	1066	2	]	]	X
cblr-8481	1066	3	lorenzo	lorenzo	PROPN
cblr-8481	1066	4	v.	v.	ADP
cblr-8481	1066	5	sec	sec	PROPN
cblr-8481	1066	6	and	and	CCONJ
cblr-8481	1066	7	the	the	DET
cblr-8481	1066	8	expansion	expansion	NOUN
cblr-8481	1066	9	of	of	ADP
cblr-8481	1066	10	scheme	scheme	NOUN
cblr-8481	1066	11	liability	liability	NOUN
cblr-8481	1066	12	411	411	NUM
cblr-8481	1066	13	unchallenged	unchallenged	ADJ
cblr-8481	1066	14	in	in	ADP
cblr-8481	1066	15	the	the	DET
cblr-8481	1066	16	supreme	supreme	PROPN
cblr-8481	1066	17	court.248	court.248	PROPN
cblr-8481	1066	18	this	this	PRON
cblr-8481	1066	19	also	also	ADV
cblr-8481	1066	20	lines	line	VERB
cblr-8481	1066	21	up	up	ADP
cblr-8481	1066	22	the	the	DET
cblr-8481	1066	23	sec	sec	PROPN
cblr-8481	1066	24	’s	’s	PART
cblr-8481	1066	25	interpretation	interpretation	NOUN
cblr-8481	1066	26	of	of	ADP
cblr-8481	1066	27	the	the	DET
cblr-8481	1066	28	scope	scope	NOUN
cblr-8481	1066	29	of	of	ADP
cblr-8481	1066	30	janus	janus	PROPN
cblr-8481	1066	31	’s	’s	PART
cblr-8481	1066	32	holding.249	holding.249	PROPN
cblr-8481	1066	33	yet	yet	ADV
cblr-8481	1066	34	,	,	PUNCT
cblr-8481	1066	35	janus	janus	PROPN
cblr-8481	1066	36	’s	’s	PART
cblr-8481	1066	37	logic	logic	NOUN
cblr-8481	1066	38	does	do	AUX
cblr-8481	1066	39	not	not	PART
cblr-8481	1066	40	make	make	VERB
cblr-8481	1066	41	sense	sense	NOUN
cblr-8481	1066	42	in	in	ADP
cblr-8481	1066	43	the	the	DET
cblr-8481	1066	44	context	context	NOUN
cblr-8481	1066	45	of	of	ADP
cblr-8481	1066	46	sec	sec	PROPN
cblr-8481	1066	47	enforcement	enforcement	NOUN
cblr-8481	1066	48	:	:	PUNCT
cblr-8481	1066	49	the	the	DET
cblr-8481	1066	50	“	"	PUNCT
cblr-8481	1066	51	policy	policy	NOUN
cblr-8481	1066	52	concerns	concern	NOUN
cblr-8481	1066	53	that	that	PRON
cblr-8481	1066	54	le[d	le[d	VERB
cblr-8481	1066	55	]	]	PUNCT
cblr-8481	1066	56	the	the	DET
cblr-8481	1066	57	janus	janus	PROPN
cblr-8481	1066	58	court	court	PROPN
cblr-8481	1066	59	to	to	PART
cblr-8481	1066	60	acknowledge	acknowledge	VERB
cblr-8481	1066	61	the	the	DET
cblr-8481	1066	62	‘	'	PUNCT
cblr-8481	1066	63	narrow	narrow	ADJ
cblr-8481	1066	64	scope	scope	NOUN
cblr-8481	1066	65	’	'	PUNCT
cblr-8481	1066	66	it	it	PRON
cblr-8481	1066	67	must	must	AUX
cblr-8481	1066	68	give	give	VERB
cblr-8481	1066	69	the	the	DET
cblr-8481	1066	70	implied	imply	VERB
cblr-8481	1066	71	private	private	ADJ
cblr-8481	1066	72	right	right	NOUN
cblr-8481	1066	73	of	of	ADP
cblr-8481	1066	74	action	action	NOUN
cblr-8481	1066	75	are	be	AUX
cblr-8481	1066	76	nonexistent	nonexistent	ADJ
cblr-8481	1066	77	when	when	SCONJ
cblr-8481	1066	78	the	the	DET
cblr-8481	1066	79	sec	sec	PROPN
cblr-8481	1066	80	is	be	AUX
cblr-8481	1066	81	the	the	DET
cblr-8481	1066	82	plaintiff	plaintiff	NOUN
cblr-8481	1066	83	.	.	PUNCT
cblr-8481	1067	1	”250	”250	PROPN
cblr-8481	1067	2	reading	read	VERB
cblr-8481	1067	3	lorenzo	lorenzo	VERB
cblr-8481	1067	4	more	more	ADV
cblr-8481	1067	5	expansively	expansively	ADV
cblr-8481	1067	6	would	would	AUX
cblr-8481	1067	7	allow	allow	VERB
cblr-8481	1067	8	the	the	DET
cblr-8481	1067	9	federal	federal	ADJ
cblr-8481	1067	10	courts	court	NOUN
cblr-8481	1067	11	to	to	PART
cblr-8481	1067	12	continue	continue	VERB
cblr-8481	1067	13	to	to	PART
cblr-8481	1067	14	apply	apply	VERB
cblr-8481	1067	15	janus	janus	PROPN
cblr-8481	1067	16	to	to	ADP
cblr-8481	1067	17	the	the	DET
cblr-8481	1067	18	sec	sec	PROPN
cblr-8481	1067	19	without	without	ADP
cblr-8481	1067	20	having	have	VERB
cblr-8481	1067	21	to	to	PART
cblr-8481	1067	22	justify	justify	VERB
cblr-8481	1067	23	why	why	SCONJ
cblr-8481	1067	24	the	the	DET
cblr-8481	1067	25	sec	sec	PROPN
cblr-8481	1067	26	’s	’s	PART
cblr-8481	1067	27	enforcement	enforcement	NOUN
cblr-8481	1067	28	should	should	AUX
cblr-8481	1067	29	be	be	AUX
cblr-8481	1067	30	curtailed	curtail	VERB
cblr-8481	1067	31	(	(	PUNCT
cblr-8481	1067	32	or	or	CCONJ
cblr-8481	1067	33	else	else	ADV
cblr-8481	1067	34	why	why	SCONJ
cblr-8481	1067	35	a	a	DET
cblr-8481	1067	36	different	different	ADJ
cblr-8481	1067	37	definition	definition	NOUN
cblr-8481	1067	38	of	of	ADP
cblr-8481	1067	39	“	"	PUNCT
cblr-8481	1067	40	make	make	VERB
cblr-8481	1067	41	”	"	PUNCT
cblr-8481	1067	42	should	should	AUX
cblr-8481	1067	43	apply	apply	VERB
cblr-8481	1067	44	to	to	ADP
cblr-8481	1067	45	it	it	PRON
cblr-8481	1067	46	)	)	PUNCT
cblr-8481	1067	47	,	,	PUNCT
cblr-8481	1067	48	allowing	allow	VERB
cblr-8481	1067	49	janus	janus	PROPN
cblr-8481	1067	50	to	to	PART
cblr-8481	1067	51	remain	remain	VERB
cblr-8481	1067	52	formally	formally	ADV
cblr-8481	1067	53	intact	intact	ADJ
cblr-8481	1067	54	while	while	SCONJ
cblr-8481	1067	55	eliminating	eliminate	VERB
cblr-8481	1067	56	the	the	DET
cblr-8481	1067	57	bizarre	bizarre	ADJ
cblr-8481	1067	58	results	result	NOUN
cblr-8481	1067	59	it	it	PRON
cblr-8481	1067	60	has	have	AUX
cblr-8481	1067	61	produced	produce	VERB
cblr-8481	1067	62	.	.	PUNCT
cblr-8481	1068	1	beyond	beyond	ADP
cblr-8481	1068	2	solving	solve	VERB
cblr-8481	1068	3	textual	textual	ADJ
cblr-8481	1068	4	irregularities	irregularity	NOUN
cblr-8481	1068	5	,	,	PUNCT
cblr-8481	1068	6	reading	read	VERB
cblr-8481	1068	7	lorenzo	lorenzo	NOUN
cblr-8481	1068	8	to	to	PART
cblr-8481	1068	9	encompass	encompass	VERB
cblr-8481	1068	10	a	a	DET
cblr-8481	1068	11	broader	broad	ADJ
cblr-8481	1068	12	range	range	NOUN
cblr-8481	1068	13	of	of	ADP
cblr-8481	1068	14	conduct	conduct	NOUN
cblr-8481	1068	15	would	would	AUX
cblr-8481	1068	16	be	be	AUX
cblr-8481	1068	17	more	more	ADV
cblr-8481	1068	18	effective	effective	ADJ
cblr-8481	1068	19	from	from	ADP
cblr-8481	1068	20	a	a	DET
cblr-8481	1068	21	policy	policy	NOUN
cblr-8481	1068	22	perspective	perspective	NOUN
cblr-8481	1068	23	and	and	CCONJ
cblr-8481	1068	24	reverse	reverse	VERB
cblr-8481	1068	25	some	some	PRON
cblr-8481	1068	26	of	of	ADP
cblr-8481	1068	27	the	the	DET
cblr-8481	1068	28	damage	damage	NOUN
cblr-8481	1068	29	janus	janus	PROPN
cblr-8481	1068	30	has	have	AUX
cblr-8481	1068	31	done	do	VERB
cblr-8481	1068	32	to	to	ADP
cblr-8481	1068	33	the	the	DET
cblr-8481	1068	34	sec	sec	PROPN
cblr-8481	1068	35	’s	’s	PART
cblr-8481	1068	36	ability	ability	NOUN
cblr-8481	1068	37	to	to	PART
cblr-8481	1068	38	protect	protect	VERB
cblr-8481	1068	39	investors	investor	NOUN
cblr-8481	1068	40	.	.	PUNCT
cblr-8481	1069	1	while	while	SCONJ
cblr-8481	1069	2	the	the	DET
cblr-8481	1069	3	pslra	pslra	NOUN
cblr-8481	1069	4	explicitly	explicitly	ADV
cblr-8481	1069	5	provides	provide	VERB
cblr-8481	1069	6	the	the	DET
cblr-8481	1069	7	sec	sec	PROPN
cblr-8481	1069	8	with	with	ADP
cblr-8481	1069	9	the	the	DET
cblr-8481	1069	10	ability	ability	NOUN
cblr-8481	1069	11	to	to	PART
cblr-8481	1069	12	bring	bring	VERB
cblr-8481	1069	13	aiding	aid	VERB
cblr-8481	1069	14	and	and	CCONJ
cblr-8481	1069	15	abetting	abet	VERB
cblr-8481	1069	16	suits	suit	NOUN
cblr-8481	1069	17	under	under	ADP
cblr-8481	1069	18	section	section	NOUN
cblr-8481	1069	19	20(e	20(e	NUM
cblr-8481	1069	20	)	)	PUNCT
cblr-8481	1069	21	,	,	PUNCT
cblr-8481	1069	22	allowing	allow	VERB
cblr-8481	1069	23	for	for	ADP
cblr-8481	1069	24	those	those	DET
cblr-8481	1069	25	suits	suit	NOUN
cblr-8481	1069	26	is	be	AUX
cblr-8481	1069	27	no	no	DET
cblr-8481	1069	28	substitute	substitute	NOUN
cblr-8481	1069	29	for	for	ADP
cblr-8481	1069	30	being	be	AUX
cblr-8481	1069	31	able	able	ADJ
cblr-8481	1069	32	to	to	PART
cblr-8481	1069	33	hold	hold	VERB
cblr-8481	1069	34	actors	actor	NOUN
cblr-8481	1069	35	primarily	primarily	ADV
cblr-8481	1069	36	liable	liable	ADJ
cblr-8481	1069	37	.	.	PUNCT
cblr-8481	1070	1	as	as	SCONJ
cblr-8481	1070	2	noted	note	VERB
cblr-8481	1070	3	by	by	ADP
cblr-8481	1070	4	justice	justice	NOUN
cblr-8481	1070	5	breyer	breyer	NOUN
cblr-8481	1070	6	in	in	ADP
cblr-8481	1070	7	248	248	NUM
cblr-8481	1070	8	see	see	VERB
cblr-8481	1070	9	lorenzo	lorenzo	PROPN
cblr-8481	1070	10	v.	v.	ADP
cblr-8481	1070	11	sec	sec	PROPN
cblr-8481	1070	12	,	,	PUNCT
cblr-8481	1070	13	139	139	NUM
cblr-8481	1070	14	s.	s.	PROPN
cblr-8481	1070	15	ct	ct	PROPN
cblr-8481	1070	16	.	.	PROPN
cblr-8481	1070	17	1094	1094	NUM
cblr-8481	1070	18	,	,	PUNCT
cblr-8481	1070	19	1100	1100	NUM
cblr-8481	1070	20	(	(	PUNCT
cblr-8481	1070	21	2019	2019	NUM
cblr-8481	1070	22	)	)	PUNCT
cblr-8481	1070	23	(	(	PUNCT
cblr-8481	1070	24	“	"	PUNCT
cblr-8481	1070	25	we	we	PRON
cblr-8481	1070	26	took	take	VERB
cblr-8481	1070	27	this	this	DET
cblr-8481	1070	28	case	case	NOUN
cblr-8481	1070	29	on	on	ADP
cblr-8481	1070	30	the	the	DET
cblr-8481	1070	31	assumption	assumption	NOUN
cblr-8481	1070	32	that	that	SCONJ
cblr-8481	1070	33	lorenzo	lorenzo	PROPN
cblr-8481	1070	34	was	be	AUX
cblr-8481	1070	35	not	not	PART
cblr-8481	1070	36	a	a	DET
cblr-8481	1070	37	‘	'	PUNCT
cblr-8481	1070	38	maker	maker	NOUN
cblr-8481	1070	39	’	'	PUNCT
cblr-8481	1070	40	under	under	ADP
cblr-8481	1070	41	subsection	subsection	NOUN
cblr-8481	1070	42	(	(	PUNCT
cblr-8481	1070	43	b	b	NOUN
cblr-8481	1070	44	)	)	PUNCT
cblr-8481	1070	45	of	of	ADP
cblr-8481	1070	46	rule	rule	NOUN
cblr-8481	1070	47	10b-5	10b-5	NUM
cblr-8481	1071	1	[	[	X
cblr-8481	1071	2	.	.	X
cblr-8481	1071	3	]	]	X
cblr-8481	1071	4	”	"	PUNCT
cblr-8481	1071	5	)	)	PUNCT
cblr-8481	1071	6	.	.	PUNCT
cblr-8481	1072	1	some	some	PRON
cblr-8481	1072	2	saw	see	VERB
cblr-8481	1072	3	this	this	PRON
cblr-8481	1072	4	as	as	ADP
cblr-8481	1072	5	being	be	AUX
cblr-8481	1072	6	definitive	definitive	ADJ
cblr-8481	1072	7	:	:	PUNCT
cblr-8481	1072	8	“	"	PUNCT
cblr-8481	1072	9	the	the	DET
cblr-8481	1072	10	decision	decision	NOUN
cblr-8481	1072	11	should	should	AUX
cblr-8481	1072	12	put	put	VERB
cblr-8481	1072	13	to	to	PART
cblr-8481	1072	14	rest	rest	VERB
cblr-8481	1072	15	any	any	DET
cblr-8481	1072	16	lingering	linger	VERB
cblr-8481	1072	17	question	question	NOUN
cblr-8481	1072	18	about	about	ADP
cblr-8481	1072	19	whether	whether	SCONJ
cblr-8481	1072	20	janus	janus	PROPN
cblr-8481	1072	21	applies	apply	VERB
cblr-8481	1072	22	to	to	PART
cblr-8481	1072	23	rule	rule	VERB
cblr-8481	1072	24	10b5(b	10b5(b	NUM
cblr-8481	1072	25	)	)	PUNCT
cblr-8481	1072	26	claims	claim	NOUN
cblr-8481	1072	27	asserted	assert	VERB
cblr-8481	1072	28	by	by	ADP
cblr-8481	1072	29	the	the	DET
cblr-8481	1072	30	sec	sec	PROPN
cblr-8481	1072	31	and	and	CCONJ
cblr-8481	1072	32	the	the	DET
cblr-8481	1072	33	department	department	PROPN
cblr-8481	1072	34	of	of	ADP
cblr-8481	1072	35	justice	justice	NOUN
cblr-8481	1072	36	,	,	PUNCT
cblr-8481	1072	37	not	not	PART
cblr-8481	1072	38	just	just	ADV
cblr-8481	1072	39	by	by	ADP
cblr-8481	1072	40	private	private	ADJ
cblr-8481	1072	41	plaintiffs	plaintiff	NOUN
cblr-8481	1072	42	.	.	PUNCT
cblr-8481	1072	43	”	"	PUNCT
cblr-8481	1073	1	supreme	supreme	PROPN
cblr-8481	1073	2	court	court	PROPN
cblr-8481	1073	3	holds	hold	VERB
cblr-8481	1073	4	that	that	SCONJ
cblr-8481	1073	5	persons	person	NOUN
cblr-8481	1073	6	who	who	PRON
cblr-8481	1073	7	do	do	AUX
cblr-8481	1073	8	not	not	PART
cblr-8481	1073	9	“	"	PUNCT
cblr-8481	1073	10	make	make	VERB
cblr-8481	1073	11	”	"	PUNCT
cblr-8481	1073	12	misstatements	misstatement	NOUN
cblr-8481	1073	13	can	can	AUX
cblr-8481	1073	14	nevertheless	nevertheless	ADV
cblr-8481	1073	15	be	be	AUX
cblr-8481	1073	16	liable	liable	ADJ
cblr-8481	1073	17	for	for	ADP
cblr-8481	1073	18	other	other	ADJ
cblr-8481	1073	19	securities	security	NOUN
cblr-8481	1073	20	-	-	PUNCT
cblr-8481	1073	21	fraud	fraud	NOUN
cblr-8481	1073	22	violations	violation	NOUN
cblr-8481	1073	23	,	,	PUNCT
cblr-8481	1073	24	proskauer	proskauer	NOUN
cblr-8481	1073	25	(	(	PUNCT
cblr-8481	1073	26	mar	mar	PROPN
cblr-8481	1073	27	.	.	PROPN
cblr-8481	1073	28	27	27	NUM
cblr-8481	1073	29	,	,	PUNCT
cblr-8481	1073	30	2019	2019	NUM
cblr-8481	1073	31	)	)	PUNCT
cblr-8481	1073	32	,	,	PUNCT
cblr-8481	1073	33	https://www.proskauer.com/	https://www.proskauer.com/	NOUN
cblr-8481	1073	34	alert	alert	PROPN
cblr-8481	1073	35	/	/	SYM
cblr-8481	1073	36	supreme	supreme	ADJ
cblr-8481	1073	37	-	-	PUNCT
cblr-8481	1073	38	court	court	NOUN
cblr-8481	1073	39	-	-	PUNCT
cblr-8481	1073	40	holds	hold	NOUN
cblr-8481	1073	41	-	-	PUNCT
cblr-8481	1073	42	that	that	PRON
cblr-8481	1073	43	-	-	PUNCT
cblr-8481	1073	44	persons	person	NOUN
cblr-8481	1073	45	-	-	PUNCT
cblr-8481	1073	46	who	who	PRON
cblr-8481	1073	47	-	-	PUNCT
cblr-8481	1073	48	do	do	AUX
cblr-8481	1073	49	-	-	PUNCT
cblr-8481	1073	50	not	not	PART
cblr-8481	1073	51	-	-	PUNCT
cblr-8481	1073	52	make	make	VERB
cblr-8481	1073	53	-	-	PUNCT
cblr-8481	1073	54	misstatementscan	misstatementscan	NOUN
cblr-8481	1073	55	-	-	PUNCT
cblr-8481	1073	56	nevertheless	nevertheless	ADV
cblr-8481	1073	57	-	-	PUNCT
cblr-8481	1073	58	be	be	NOUN
cblr-8481	1073	59	-	-	PUNCT
cblr-8481	1073	60	liable	liable	ADJ
cblr-8481	1073	61	-	-	PUNCT
cblr-8481	1073	62	for	for	ADP
cblr-8481	1073	63	-	-	PUNCT
cblr-8481	1073	64	other	other	ADJ
cblr-8481	1073	65	-	-	PUNCT
cblr-8481	1073	66	securities	security	NOUN
cblr-8481	1073	67	-	-	PUNCT
cblr-8481	1073	68	fraud	fraud	NOUN
cblr-8481	1073	69	-	-	PUNCT
cblr-8481	1073	70	violations	violation	NOUN
cblr-8481	1073	71	[	[	X
cblr-8481	1073	72	https://perma.cc/5sng-kewf	https://perma.cc/5sng-kewf	X
cblr-8481	1073	73	]	]	PUNCT
cblr-8481	1073	74	.	.	PUNCT
cblr-8481	1074	1	249	249	NUM
cblr-8481	1074	2	sec	sec	PROPN
cblr-8481	1074	3	v.	v.	PROPN
cblr-8481	1074	4	kelly	kelly	PROPN
cblr-8481	1074	5	,	,	PUNCT
cblr-8481	1074	6	817	817	NUM
cblr-8481	1074	7	f.	f.	PROPN
cblr-8481	1074	8	supp	supp	PROPN
cblr-8481	1074	9	.	.	PUNCT
cblr-8481	1075	1	2d	2d	NOUN
cblr-8481	1075	2	340	340	NUM
cblr-8481	1075	3	,	,	PUNCT
cblr-8481	1075	4	343	343	NUM
cblr-8481	1075	5	(	(	PUNCT
cblr-8481	1075	6	s.d.n.y	s.d.n.y	PROPN
cblr-8481	1075	7	.	.	NOUN
cblr-8481	1075	8	2011	2011	NUM
cblr-8481	1075	9	)	)	PUNCT
cblr-8481	1075	10	(	(	PUNCT
cblr-8481	1075	11	“	"	PUNCT
cblr-8481	1075	12	the	the	DET
cblr-8481	1075	13	sec	sec	PROPN
cblr-8481	1075	14	concedes	concede	VERB
cblr-8481	1075	15	that	that	SCONJ
cblr-8481	1075	16	janus	janus	PROPN
cblr-8481	1075	17	foreclosed	foreclose	VERB
cblr-8481	1075	18	its	its	PRON
cblr-8481	1075	19	ability	ability	NOUN
cblr-8481	1075	20	to	to	PART
cblr-8481	1075	21	assert	assert	VERB
cblr-8481	1075	22	a	a	DET
cblr-8481	1075	23	misstatement	misstatement	ADJ
cblr-8481	1075	24	claim	claim	NOUN
cblr-8481	1075	25	under	under	ADP
cblr-8481	1075	26	subsection	subsection	NOUN
cblr-8481	1075	27	(	(	PUNCT
cblr-8481	1075	28	b	b	NOUN
cblr-8481	1075	29	)	)	PUNCT
cblr-8481	1075	30	of	of	ADP
cblr-8481	1075	31	rule	rule	NOUN
cblr-8481	1075	32	10b-5	10b-5	NUM
cblr-8481	1076	1	[	[	X
cblr-8481	1076	2	.	.	X
cblr-8481	1076	3	]	]	X
cblr-8481	1076	4	”	"	PUNCT
cblr-8481	1076	5	)	)	PUNCT
cblr-8481	1076	6	,	,	PUNCT
cblr-8481	1076	7	abrogated	abrogate	VERB
cblr-8481	1076	8	on	on	ADP
cblr-8481	1076	9	other	other	ADJ
cblr-8481	1076	10	grounds	ground	NOUN
cblr-8481	1076	11	by	by	ADP
cblr-8481	1076	12	lorenzo	lorenzo	PROPN
cblr-8481	1076	13	,	,	PUNCT
cblr-8481	1076	14	139	139	NUM
cblr-8481	1076	15	s.	s.	PROPN
cblr-8481	1076	16	ct	ct	PROPN
cblr-8481	1076	17	.	.	PROPN
cblr-8481	1076	18	1094	1094	NUM
cblr-8481	1076	19	.	.	PUNCT
cblr-8481	1077	1	250	250	NUM
cblr-8481	1077	2	greg	greg	PROPN
cblr-8481	1077	3	gaught	gaught	PROPN
cblr-8481	1077	4	,	,	PUNCT
cblr-8481	1077	5	note	note	VERB
cblr-8481	1077	6	,	,	PUNCT
cblr-8481	1077	7	rethinking	rethink	VERB
cblr-8481	1077	8	janus	janus	NOUN
cblr-8481	1077	9	:	:	PUNCT
cblr-8481	1077	10	preserving	preserve	VERB
cblr-8481	1077	11	primaryparticipant	primaryparticipant	NOUN
cblr-8481	1077	12	liability	liability	NOUN
cblr-8481	1077	13	in	in	ADP
cblr-8481	1077	14	sec	sec	PROPN
cblr-8481	1077	15	antifraud	antifraud	PROPN
cblr-8481	1077	16	enforcement	enforcement	PROPN
cblr-8481	1077	17	actions	action	NOUN
cblr-8481	1077	18	,	,	PUNCT
cblr-8481	1077	19	65	65	NUM
cblr-8481	1077	20	duke	duke	PROPN
cblr-8481	1077	21	l.j	l.j	PROPN
cblr-8481	1077	22	.	.	PROPN
cblr-8481	1077	23	527	527	NUM
cblr-8481	1077	24	,	,	PUNCT
cblr-8481	1077	25	542	542	NUM
cblr-8481	1077	26	(	(	PUNCT
cblr-8481	1077	27	2015	2015	NUM
cblr-8481	1077	28	)	)	PUNCT
cblr-8481	1077	29	.	.	PUNCT
cblr-8481	1078	1	this	this	PRON
cblr-8481	1078	2	also	also	ADV
cblr-8481	1078	3	lines	line	VERB
cblr-8481	1078	4	up	up	ADP
cblr-8481	1078	5	with	with	ADP
cblr-8481	1078	6	the	the	DET
cblr-8481	1078	7	wording	wording	NOUN
cblr-8481	1078	8	of	of	ADP
cblr-8481	1078	9	justice	justice	PROPN
cblr-8481	1078	10	thomas	thomas	PROPN
cblr-8481	1078	11	’s	’s	PART
cblr-8481	1078	12	opinion	opinion	NOUN
cblr-8481	1078	13	in	in	ADP
cblr-8481	1078	14	janus	janus	PROPN
cblr-8481	1078	15	:	:	PUNCT
cblr-8481	1078	16	“	"	PUNCT
cblr-8481	1078	17	the	the	DET
cblr-8481	1078	18	court	court	NOUN
cblr-8481	1078	19	explicitly	explicitly	ADV
cblr-8481	1078	20	framed	frame	VERB
cblr-8481	1078	21	the	the	DET
cblr-8481	1078	22	question	question	NOUN
cblr-8481	1078	23	before	before	ADP
cblr-8481	1078	24	it	it	PRON
cblr-8481	1078	25	as	as	ADP
cblr-8481	1078	26	‘	'	PUNCT
cblr-8481	1078	27	whether	whether	SCONJ
cblr-8481	1078	28	jcm	jcm	PROPN
cblr-8481	1078	29	can	can	AUX
cblr-8481	1078	30	be	be	AUX
cblr-8481	1078	31	held	hold	VERB
cblr-8481	1078	32	liable	liable	ADJ
cblr-8481	1078	33	in	in	ADP
cblr-8481	1078	34	a	a	DET
cblr-8481	1078	35	private	private	ADJ
cblr-8481	1078	36	action	action	NOUN
cblr-8481	1078	37	.	.	PUNCT
cblr-8481	1078	38	’	'	PUNCT
cblr-8481	1079	1	”	"	PUNCT
cblr-8481	1079	2	langevoort	langevoort	NOUN
cblr-8481	1079	3	,	,	PUNCT
cblr-8481	1079	4	supra	supra	PROPN
cblr-8481	1079	5	note	note	NOUN
cblr-8481	1079	6	219	219	NUM
cblr-8481	1079	7	,	,	PUNCT
cblr-8481	1079	8	at	at	ADP
cblr-8481	1079	9	938	938	NUM
cblr-8481	1079	10	(	(	PUNCT
cblr-8481	1079	11	quoting	quote	VERB
cblr-8481	1079	12	janus	janus	PROPN
cblr-8481	1079	13	cap	cap	PROPN
cblr-8481	1079	14	.	.	PUNCT
cblr-8481	1080	1	grp	grp	PROPN
cblr-8481	1080	2	.	.	PUNCT
cblr-8481	1081	1	v.	v.	ADP
cblr-8481	1081	2	first	first	ADJ
cblr-8481	1081	3	derivative	derivative	ADJ
cblr-8481	1081	4	traders	trader	NOUN
cblr-8481	1081	5	,	,	PUNCT
cblr-8481	1081	6	131	131	NUM
cblr-8481	1081	7	s.	s.	PROPN
cblr-8481	1081	8	ct	ct	PROPN
cblr-8481	1081	9	.	.	PROPN
cblr-8481	1081	10	2296	2296	NUM
cblr-8481	1081	11	,	,	PUNCT
cblr-8481	1081	12	2301	2301	NUM
cblr-8481	1081	13	(	(	PUNCT
cblr-8481	1081	14	2011	2011	NUM
cblr-8481	1081	15	)	)	PUNCT
cblr-8481	1081	16	)	)	PUNCT
cblr-8481	1081	17	.	.	PUNCT
cblr-8481	1082	1	note	note	VERB
cblr-8481	1082	2	lieberman	lieberman	PROPN
cblr-8481	1082	3	6/13/2021	6/13/2021	NUM
cblr-8481	1082	4	8:45	8:45	NUM
cblr-8481	1082	5	pm	pm	NOUN
cblr-8481	1082	6	412	412	NUM
cblr-8481	1082	7	columbia	columbia	PROPN
cblr-8481	1082	8	business	business	NOUN
cblr-8481	1082	9	law	law	PROPN
cblr-8481	1082	10	review	review	NOUN
cblr-8481	1083	1	[	[	X
cblr-8481	1083	2	vol	vol	NOUN
cblr-8481	1083	3	.	.	PUNCT
cblr-8481	1083	4	2021	2021	NUM
cblr-8481	1083	5	lorenzo	lorenzo	NOUN
cblr-8481	1083	6	,	,	PUNCT
cblr-8481	1083	7	the	the	DET
cblr-8481	1083	8	issue	issue	NOUN
cblr-8481	1083	9	is	be	AUX
cblr-8481	1083	10	that	that	SCONJ
cblr-8481	1083	11	“	"	PUNCT
cblr-8481	1083	12	the	the	DET
cblr-8481	1083	13	statute	statute	NOUN
cblr-8481	1083	14	insists	insist	VERB
cblr-8481	1083	15	that	that	SCONJ
cblr-8481	1083	16	there	there	PRON
cblr-8481	1083	17	be	be	VERB
cblr-8481	1083	18	a	a	DET
cblr-8481	1083	19	primary	primary	ADJ
cblr-8481	1083	20	violator	violator	NOUN
cblr-8481	1083	21	to	to	PART
cblr-8481	1083	22	whom	whom	PRON
cblr-8481	1083	23	the	the	DET
cblr-8481	1083	24	secondary	secondary	ADJ
cblr-8481	1083	25	violator	violator	NOUN
cblr-8481	1083	26	provided	provide	VERB
cblr-8481	1083	27	‘	'	PUNCT
cblr-8481	1083	28	substantial	substantial	ADJ
cblr-8481	1083	29	assistance,’”251	assistance,’”251	NOUN
cblr-8481	1083	30	meaning	mean	VERB
cblr-8481	1083	31	that	that	SCONJ
cblr-8481	1083	32	the	the	DET
cblr-8481	1083	33	sec	sec	PROPN
cblr-8481	1083	34	could	could	AUX
cblr-8481	1083	35	not	not	PART
cblr-8481	1083	36	bring	bring	VERB
cblr-8481	1083	37	suit	suit	NOUN
cblr-8481	1083	38	against	against	ADP
cblr-8481	1083	39	a	a	DET
cblr-8481	1083	40	secondary	secondary	ADJ
cblr-8481	1083	41	actor	actor	NOUN
cblr-8481	1083	42	involved	involve	VERB
cblr-8481	1083	43	in	in	ADP
cblr-8481	1083	44	the	the	DET
cblr-8481	1083	45	creation	creation	NOUN
cblr-8481	1083	46	of	of	ADP
cblr-8481	1083	47	a	a	DET
cblr-8481	1083	48	false	false	ADJ
cblr-8481	1083	49	statement	statement	NOUN
cblr-8481	1083	50	unless	unless	SCONJ
cblr-8481	1083	51	the	the	DET
cblr-8481	1083	52	primary	primary	ADJ
cblr-8481	1083	53	actor	actor	NOUN
cblr-8481	1083	54	could	could	AUX
cblr-8481	1083	55	be	be	AUX
cblr-8481	1083	56	held	hold	VERB
cblr-8481	1083	57	liable	liable	ADJ
cblr-8481	1083	58	as	as	ADV
cblr-8481	1083	59	well	well	ADV
cblr-8481	1083	60	.	.	PUNCT
cblr-8481	1084	1	this	this	PRON
cblr-8481	1084	2	limits	limit	VERB
cblr-8481	1084	3	the	the	DET
cblr-8481	1084	4	scope	scope	NOUN
cblr-8481	1084	5	of	of	ADP
cblr-8481	1084	6	enforcement	enforcement	NOUN
cblr-8481	1084	7	in	in	ADP
cblr-8481	1084	8	situations	situation	NOUN
cblr-8481	1084	9	where	where	SCONJ
cblr-8481	1084	10	the	the	DET
cblr-8481	1084	11	person	person	NOUN
cblr-8481	1084	12	defined	define	VERB
cblr-8481	1084	13	as	as	ADP
cblr-8481	1084	14	“	"	PUNCT
cblr-8481	1084	15	the	the	DET
cblr-8481	1084	16	maker	maker	NOUN
cblr-8481	1084	17	”	"	PUNCT
cblr-8481	1084	18	does	do	AUX
cblr-8481	1084	19	not	not	PART
cblr-8481	1084	20	meet	meet	VERB
cblr-8481	1084	21	one	one	NUM
cblr-8481	1084	22	10b-5	10b-5	NUM
cblr-8481	1084	23	requirement	requirement	NOUN
cblr-8481	1084	24	(	(	PUNCT
cblr-8481	1084	25	such	such	ADJ
cblr-8481	1084	26	as	as	ADP
cblr-8481	1084	27	scienter	scienter	NOUN
cblr-8481	1084	28	)	)	PUNCT
cblr-8481	1084	29	while	while	SCONJ
cblr-8481	1084	30	the	the	DET
cblr-8481	1084	31	secondary	secondary	ADJ
cblr-8481	1084	32	actor	actor	NOUN
cblr-8481	1084	33	does	do	VERB
cblr-8481	1084	34	.	.	PUNCT
cblr-8481	1085	1	on	on	ADP
cblr-8481	1085	2	janus	janus	PROPN
cblr-8481	1085	3	’s	’s	PART
cblr-8481	1085	4	facts	fact	NOUN
cblr-8481	1085	5	,	,	PUNCT
cblr-8481	1085	6	had	have	AUX
cblr-8481	1085	7	the	the	DET
cblr-8481	1085	8	sec	sec	PROPN
cblr-8481	1085	9	brought	bring	VERB
cblr-8481	1085	10	the	the	DET
cblr-8481	1085	11	action	action	NOUN
cblr-8481	1085	12	,	,	PUNCT
cblr-8481	1085	13	it	it	PRON
cblr-8481	1085	14	would	would	AUX
cblr-8481	1085	15	need	need	VERB
cblr-8481	1085	16	to	to	PART
cblr-8481	1085	17	show	show	VERB
cblr-8481	1085	18	that	that	SCONJ
cblr-8481	1085	19	the	the	DET
cblr-8481	1085	20	janus	janus	PROPN
cblr-8481	1085	21	fund	fund	PROPN
cblr-8481	1085	22	itself	itself	PRON
cblr-8481	1085	23	(	(	PUNCT
cblr-8481	1085	24	or	or	CCONJ
cblr-8481	1085	25	the	the	DET
cblr-8481	1085	26	actors	actor	NOUN
cblr-8481	1085	27	in	in	ADP
cblr-8481	1085	28	charge	charge	NOUN
cblr-8481	1085	29	of	of	ADP
cblr-8481	1085	30	it	it	PRON
cblr-8481	1085	31	)	)	PUNCT
cblr-8481	1085	32	engaged	engage	VERB
cblr-8481	1085	33	in	in	ADP
cblr-8481	1085	34	securities	security	NOUN
cblr-8481	1085	35	fraud	fraud	NOUN
cblr-8481	1085	36	with	with	ADP
cblr-8481	1085	37	the	the	DET
cblr-8481	1085	38	requisite	requisite	ADJ
cblr-8481	1085	39	scienter	scienter	NOUN
cblr-8481	1085	40	in	in	ADP
cblr-8481	1085	41	order	order	NOUN
cblr-8481	1085	42	to	to	PART
cblr-8481	1085	43	bring	bring	VERB
cblr-8481	1085	44	a	a	DET
cblr-8481	1085	45	secondary	secondary	ADJ
cblr-8481	1085	46	liability	liability	NOUN
cblr-8481	1085	47	claim	claim	NOUN
cblr-8481	1085	48	against	against	ADP
cblr-8481	1085	49	jcm	jcm	PROPN
cblr-8481	1085	50	or	or	CCONJ
cblr-8481	1085	51	the	the	DET
cblr-8481	1085	52	other	other	ADJ
cblr-8481	1085	53	defendants	defendant	NOUN
cblr-8481	1085	54	.	.	PUNCT
cblr-8481	1086	1	this	this	PRON
cblr-8481	1086	2	is	be	AUX
cblr-8481	1086	3	especially	especially	ADV
cblr-8481	1086	4	disconcerting	disconcert	VERB
cblr-8481	1086	5	given	give	VERB
cblr-8481	1086	6	that	that	SCONJ
cblr-8481	1086	7	“	"	PUNCT
cblr-8481	1086	8	[	[	X
cblr-8481	1086	9	t]he	t]he	ADV
cblr-8481	1086	10	essential	essential	ADJ
cblr-8481	1086	11	nature	nature	NOUN
cblr-8481	1086	12	of	of	ADP
cblr-8481	1086	13	an	an	DET
cblr-8481	1086	14	sec	sec	PROPN
cblr-8481	1086	15	enforcement	enforcement	NOUN
cblr-8481	1086	16	action	action	NOUN
cblr-8481	1086	17	is	be	AUX
cblr-8481	1086	18	equitable	equitable	ADJ
cblr-8481	1086	19	and	and	CCONJ
cblr-8481	1086	20	prophylactic	prophylactic	ADJ
cblr-8481	1086	21	;	;	PUNCT
cblr-8481	1086	22	its	its	PRON
cblr-8481	1086	23	primary	primary	ADJ
cblr-8481	1086	24	purpose	purpose	NOUN
cblr-8481	1086	25	is	be	AUX
cblr-8481	1086	26	to	to	PART
cblr-8481	1086	27	protect	protect	VERB
cblr-8481	1086	28	the	the	DET
cblr-8481	1086	29	public	public	NOUN
cblr-8481	1086	30	against	against	ADP
cblr-8481	1086	31	harm	harm	NOUN
cblr-8481	1086	32	,	,	PUNCT
cblr-8481	1086	33	not	not	PART
cblr-8481	1086	34	to	to	PART
cblr-8481	1086	35	punish	punish	VERB
cblr-8481	1086	36	the	the	DET
cblr-8481	1086	37	offender	offender	NOUN
cblr-8481	1086	38	.	.	PUNCT
cblr-8481	1086	39	”252	”252	PUNCT
cblr-8481	1086	40	in	in	ADP
cblr-8481	1086	41	a	a	DET
cblr-8481	1086	42	case	case	NOUN
cblr-8481	1086	43	like	like	SCONJ
cblr-8481	1086	44	janus	janus	PROPN
cblr-8481	1086	45	,	,	PUNCT
cblr-8481	1086	46	the	the	DET
cblr-8481	1086	47	ability	ability	NOUN
cblr-8481	1086	48	of	of	ADP
cblr-8481	1086	49	the	the	DET
cblr-8481	1086	50	sec	sec	PROPN
cblr-8481	1086	51	to	to	PART
cblr-8481	1086	52	protect	protect	VERB
cblr-8481	1086	53	the	the	DET
cblr-8481	1086	54	public	public	NOUN
cblr-8481	1086	55	would	would	AUX
cblr-8481	1086	56	be	be	AUX
cblr-8481	1086	57	undermined	undermined	ADJ
cblr-8481	1086	58	since	since	SCONJ
cblr-8481	1086	59	the	the	DET
cblr-8481	1086	60	parties	party	NOUN
cblr-8481	1086	61	who	who	PRON
cblr-8481	1086	62	had	have	AUX
cblr-8481	1086	63	committed	commit	VERB
cblr-8481	1086	64	fraud	fraud	NOUN
cblr-8481	1086	65	could	could	AUX
cblr-8481	1086	66	not	not	PART
cblr-8481	1086	67	be	be	AUX
cblr-8481	1086	68	held	hold	VERB
cblr-8481	1086	69	liable	liable	ADJ
cblr-8481	1086	70	.	.	PUNCT
cblr-8481	1087	1	a	a	DET
cblr-8481	1087	2	broader	broad	ADJ
cblr-8481	1087	3	reading	reading	NOUN
cblr-8481	1087	4	of	of	ADP
cblr-8481	1087	5	lorenzo	lorenzo	PROPN
cblr-8481	1087	6	also	also	ADV
cblr-8481	1087	7	would	would	AUX
cblr-8481	1087	8	ensure	ensure	VERB
cblr-8481	1087	9	that	that	SCONJ
cblr-8481	1087	10	the	the	DET
cblr-8481	1087	11	gaps	gap	NOUN
cblr-8481	1087	12	created	create	VERB
cblr-8481	1087	13	by	by	ADP
cblr-8481	1087	14	janus	janus	PROPN
cblr-8481	1087	15	in	in	ADP
cblr-8481	1087	16	the	the	DET
cblr-8481	1087	17	sec	sec	PROPN
cblr-8481	1087	18	’s	’s	PART
cblr-8481	1087	19	enforcement	enforcement	NOUN
cblr-8481	1087	20	capabilities	capability	NOUN
cblr-8481	1087	21	could	could	AUX
cblr-8481	1087	22	be	be	AUX
cblr-8481	1087	23	filled	fill	VERB
cblr-8481	1087	24	without	without	ADP
cblr-8481	1087	25	having	have	VERB
cblr-8481	1087	26	to	to	PART
cblr-8481	1087	27	wait	wait	VERB
cblr-8481	1087	28	for	for	ADP
cblr-8481	1087	29	congressional	congressional	ADJ
cblr-8481	1087	30	or	or	CCONJ
cblr-8481	1087	31	agency	agency	NOUN
cblr-8481	1087	32	action	action	NOUN
cblr-8481	1087	33	.	.	PUNCT
cblr-8481	1088	1	in	in	ADP
cblr-8481	1088	2	the	the	DET
cblr-8481	1088	3	wake	wake	NOUN
cblr-8481	1088	4	of	of	ADP
cblr-8481	1088	5	janus	janus	PROPN
cblr-8481	1088	6	,	,	PUNCT
cblr-8481	1088	7	multiple	multiple	ADJ
cblr-8481	1088	8	law	law	NOUN
cblr-8481	1088	9	review	review	NOUN
cblr-8481	1088	10	articles	article	NOUN
cblr-8481	1088	11	came	come	VERB
cblr-8481	1088	12	out	out	ADP
cblr-8481	1088	13	discussing	discuss	VERB
cblr-8481	1088	14	the	the	DET
cblr-8481	1088	15	need	need	NOUN
cblr-8481	1088	16	to	to	PART
cblr-8481	1088	17	pass	pass	VERB
cblr-8481	1088	18	a	a	DET
cblr-8481	1088	19	new	new	ADJ
cblr-8481	1088	20	rule	rule	NOUN
cblr-8481	1088	21	10b5	10b5	NUM
cblr-8481	1088	22	that	that	PRON
cblr-8481	1088	23	would	would	AUX
cblr-8481	1088	24	apply	apply	VERB
cblr-8481	1088	25	to	to	ADP
cblr-8481	1088	26	sec	sec	PROPN
cblr-8481	1088	27	enforcement	enforcement	NOUN
cblr-8481	1088	28	and	and	CCONJ
cblr-8481	1088	29	eliminate	eliminate	VERB
cblr-8481	1088	30	the	the	DET
cblr-8481	1088	31	“	"	PUNCT
cblr-8481	1088	32	make	make	VERB
cblr-8481	1088	33	”	"	PUNCT
cblr-8481	1088	34	language	language	NOUN
cblr-8481	1088	35	in	in	ADP
cblr-8481	1088	36	10b-5(b	10b-5(b	NUM
cblr-8481	1088	37	)	)	PUNCT
cblr-8481	1088	38	,	,	PUNCT
cblr-8481	1088	39	or	or	CCONJ
cblr-8481	1088	40	,	,	PUNCT
cblr-8481	1088	41	at	at	ADP
cblr-8481	1088	42	the	the	DET
cblr-8481	1088	43	very	very	ADV
cblr-8481	1088	44	least	least	ADJ
cblr-8481	1088	45	,	,	PUNCT
cblr-8481	1088	46	clarify	clarify	VERB
cblr-8481	1088	47	the	the	DET
cblr-8481	1088	48	rule.253	rule.253	ADJ
cblr-8481	1088	49	donald	donald	PROPN
cblr-8481	1088	50	langevoort	langevoort	PROPN
cblr-8481	1088	51	suggested	suggest	VERB
cblr-8481	1088	52	that	that	SCONJ
cblr-8481	1088	53	the	the	DET
cblr-8481	1088	54	decision	decision	NOUN
cblr-8481	1088	55	may	may	AUX
cblr-8481	1088	56	have	have	AUX
cblr-8481	1088	57	been	be	AUX
cblr-8481	1088	58	designed	design	VERB
cblr-8481	1088	59	to	to	PART
cblr-8481	1088	60	coax	coax	VERB
cblr-8481	1088	61	a	a	DET
cblr-8481	1088	62	response	response	NOUN
cblr-8481	1088	63	from	from	ADP
cblr-8481	1088	64	the	the	DET
cblr-8481	1088	65	commission	commission	NOUN
cblr-8481	1088	66	or	or	CCONJ
cblr-8481	1088	67	even	even	ADV
cblr-8481	1088	68	congressional	congressional	ADJ
cblr-8481	1088	69	action	action	NOUN
cblr-8481	1088	70	,	,	PUNCT
cblr-8481	1088	71	much	much	ADV
cblr-8481	1088	72	like	like	ADP
cblr-8481	1088	73	congressional	congressional	ADJ
cblr-8481	1088	74	passage	passage	NOUN
cblr-8481	1088	75	of	of	ADP
cblr-8481	1088	76	the	the	DET
cblr-8481	1088	77	pslra	pslra	NOUN
cblr-8481	1088	78	in	in	ADP
cblr-8481	1088	79	response	response	NOUN
cblr-8481	1088	80	to	to	ADP
cblr-8481	1088	81	central	central	ADJ
cblr-8481	1088	82	bank.254	bank.254	PROPN
cblr-8481	1088	83	while	while	SCONJ
cblr-8481	1088	84	legislative	legislative	ADJ
cblr-8481	1088	85	or	or	CCONJ
cblr-8481	1088	86	administrative	administrative	ADJ
cblr-8481	1088	87	clarity	clarity	NOUN
cblr-8481	1088	88	would	would	AUX
cblr-8481	1088	89	still	still	ADV
cblr-8481	1088	90	be	be	AUX
cblr-8481	1088	91	preferable	preferable	ADJ
cblr-8481	1088	92	,	,	PUNCT
cblr-8481	1088	93	lorenzo	lorenzo	VERB
cblr-8481	1088	94	251	251	NUM
cblr-8481	1088	95	lorenzo	lorenzo	NOUN
cblr-8481	1088	96	,	,	PUNCT
cblr-8481	1088	97	139	139	NUM
cblr-8481	1088	98	s.	s.	PROPN
cblr-8481	1088	99	ct	ct	PROPN
cblr-8481	1088	100	.	.	PUNCT
cblr-8481	1089	1	at	at	ADP
cblr-8481	1089	2	1104	1104	NUM
cblr-8481	1089	3	(	(	PUNCT
cblr-8481	1089	4	quoting	quote	VERB
cblr-8481	1089	5	15	15	NUM
cblr-8481	1089	6	u.s.c	u.s.c	ADJ
cblr-8481	1089	7	.	.	PUNCT
cblr-8481	1090	1	§	§	PROPN
cblr-8481	1090	2	78t(e	78t(e	NUM
cblr-8481	1090	3	)	)	PUNCT
cblr-8481	1090	4	(	(	PUNCT
cblr-8481	1090	5	2018	2018	NUM
cblr-8481	1090	6	)	)	PUNCT
cblr-8481	1090	7	)	)	PUNCT
cblr-8481	1090	8	.	.	PUNCT
cblr-8481	1091	1	252	252	NUM
cblr-8481	1091	2	sec	sec	PROPN
cblr-8481	1091	3	v.	v.	CCONJ
cblr-8481	1091	4	coven	coven	NOUN
cblr-8481	1091	5	,	,	PUNCT
cblr-8481	1091	6	581	581	NUM
cblr-8481	1091	7	f.2d	f.2d	NOUN
cblr-8481	1091	8	1020	1020	NUM
cblr-8481	1091	9	,	,	PUNCT
cblr-8481	1091	10	1027–28	1027–28	NUM
cblr-8481	1091	11	(	(	PUNCT
cblr-8481	1091	12	2d	2d	NUM
cblr-8481	1091	13	cir	cir	NOUN
cblr-8481	1091	14	.	.	PROPN
cblr-8481	1091	15	1978	1978	NUM
cblr-8481	1091	16	)	)	PUNCT
cblr-8481	1091	17	.	.	PUNCT
cblr-8481	1092	1	253	253	NUM
cblr-8481	1092	2	see	see	VERB
cblr-8481	1092	3	,	,	PUNCT
cblr-8481	1092	4	e.g.	e.g.	ADV
cblr-8481	1092	5	,	,	PUNCT
cblr-8481	1092	6	gaught	gaught	ADJ
cblr-8481	1092	7	,	,	PUNCT
cblr-8481	1092	8	supra	supra	PROPN
cblr-8481	1092	9	note	note	NOUN
cblr-8481	1092	10	250	250	NUM
cblr-8481	1092	11	,	,	PUNCT
cblr-8481	1092	12	at	at	ADP
cblr-8481	1092	13	566–67	566–67	NUM
cblr-8481	1092	14	;	;	PUNCT
cblr-8481	1092	15	john	john	PROPN
cblr-8481	1092	16	patrick	patrick	PROPN
cblr-8481	1092	17	clayton	clayton	PROPN
cblr-8481	1092	18	,	,	PUNCT
cblr-8481	1092	19	note	note	VERB
cblr-8481	1092	20	,	,	PUNCT
cblr-8481	1092	21	the	the	DET
cblr-8481	1092	22	two	two	NUM
cblr-8481	1092	23	faces	face	NOUN
cblr-8481	1092	24	of	of	ADP
cblr-8481	1092	25	janus	janus	PROPN
cblr-8481	1092	26	:	:	PUNCT
cblr-8481	1092	27	the	the	DET
cblr-8481	1092	28	jurisprudential	jurisprudential	ADJ
cblr-8481	1092	29	past	past	NOUN
cblr-8481	1092	30	and	and	CCONJ
cblr-8481	1092	31	new	new	ADJ
cblr-8481	1092	32	beginning	beginning	NOUN
cblr-8481	1092	33	of	of	ADP
cblr-8481	1092	34	rule	rule	NOUN
cblr-8481	1092	35	10b-5	10b-5	NUM
cblr-8481	1092	36	,	,	PUNCT
cblr-8481	1092	37	47	47	NUM
cblr-8481	1092	38	u.	u.	PROPN
cblr-8481	1092	39	mich	mich	PROPN
cblr-8481	1092	40	.	.	PUNCT
cblr-8481	1093	1	j.l	j.l	PROPN
cblr-8481	1093	2	.	.	PROPN
cblr-8481	1093	3	reform	reform	PROPN
cblr-8481	1093	4	853	853	NUM
cblr-8481	1093	5	,	,	PUNCT
cblr-8481	1093	6	878–80	878–80	PROPN
cblr-8481	1093	7	(	(	PUNCT
cblr-8481	1093	8	2014	2014	NUM
cblr-8481	1093	9	)	)	PUNCT
cblr-8481	1093	10	.	.	PUNCT
cblr-8481	1094	1	254	254	NUM
cblr-8481	1094	2	see	see	VERB
cblr-8481	1094	3	langevoort	langevoort	NOUN
cblr-8481	1094	4	,	,	PUNCT
cblr-8481	1094	5	supra	supra	PROPN
cblr-8481	1094	6	note	note	NOUN
cblr-8481	1094	7	219	219	NUM
cblr-8481	1094	8	,	,	PUNCT
cblr-8481	1094	9	at	at	ADP
cblr-8481	1094	10	942–43	942–43	NUM
cblr-8481	1094	11	(	(	PUNCT
cblr-8481	1094	12	noting	note	VERB
cblr-8481	1094	13	,	,	PUNCT
cblr-8481	1094	14	however	however	ADV
cblr-8481	1094	15	,	,	PUNCT
cblr-8481	1094	16	that	that	SCONJ
cblr-8481	1094	17	sec	sec	PROPN
cblr-8481	1094	18	action	action	NOUN
cblr-8481	1094	19	would	would	AUX
cblr-8481	1094	20	be	be	AUX
cblr-8481	1094	21	insufficient	insufficient	ADJ
cblr-8481	1094	22	if	if	SCONJ
cblr-8481	1094	23	janus	janus	PROPN
cblr-8481	1094	24	is	be	AUX
cblr-8481	1094	25	understood	understand	VERB
cblr-8481	1094	26	to	to	PART
cblr-8481	1094	27	interpret	interpret	VERB
cblr-8481	1094	28	the	the	DET
cblr-8481	1094	29	commission	commission	NOUN
cblr-8481	1094	30	’s	’s	PART
cblr-8481	1094	31	statutory	statutory	ADJ
cblr-8481	1094	32	authority	authority	NOUN
cblr-8481	1094	33	)	)	PUNCT
cblr-8481	1094	34	.	.	PUNCT
cblr-8481	1095	1	note	note	NOUN
cblr-8481	1095	2	–	–	PUNCT
cblr-8481	1095	3	lieberman	lieberman	PROPN
cblr-8481	1096	1	6/13/2021	6/13/2021	NUM
cblr-8481	1096	2	8:45	8:45	NUM
cblr-8481	1096	3	pm	pm	NOUN
cblr-8481	1096	4	no	no	INTJ
cblr-8481	1096	5	.	.	PUNCT
cblr-8481	1097	1	1:352	1:352	NUM
cblr-8481	1097	2	]	]	X
cblr-8481	1097	3	lorenzo	lorenzo	PROPN
cblr-8481	1097	4	v.	v.	ADP
cblr-8481	1097	5	sec	sec	PROPN
cblr-8481	1097	6	and	and	CCONJ
cblr-8481	1097	7	the	the	DET
cblr-8481	1097	8	expansion	expansion	NOUN
cblr-8481	1097	9	of	of	ADP
cblr-8481	1097	10	scheme	scheme	NOUN
cblr-8481	1097	11	liability	liability	NOUN
cblr-8481	1097	12	413	413	NUM
cblr-8481	1097	13	provides	provide	VERB
cblr-8481	1097	14	an	an	DET
cblr-8481	1097	15	avenue	avenue	NOUN
cblr-8481	1097	16	for	for	SCONJ
cblr-8481	1097	17	the	the	DET
cblr-8481	1097	18	federal	federal	ADJ
cblr-8481	1097	19	courts	court	NOUN
cblr-8481	1097	20	to	to	PART
cblr-8481	1097	21	remedy	remedy	VERB
cblr-8481	1097	22	the	the	DET
cblr-8481	1097	23	gaps	gap	NOUN
cblr-8481	1097	24	opened	open	VERB
cblr-8481	1097	25	up	up	ADP
cblr-8481	1097	26	by	by	ADP
cblr-8481	1097	27	janus	janus	PROPN
cblr-8481	1097	28	.	.	PUNCT
cblr-8481	1098	1	these	these	DET
cblr-8481	1098	2	gaps	gap	NOUN
cblr-8481	1098	3	in	in	ADP
cblr-8481	1098	4	the	the	DET
cblr-8481	1098	5	regulatory	regulatory	ADJ
cblr-8481	1098	6	scheme	scheme	NOUN
cblr-8481	1098	7	become	become	VERB
cblr-8481	1098	8	an	an	DET
cblr-8481	1098	9	issue	issue	NOUN
cblr-8481	1098	10	especially	especially	ADV
cblr-8481	1098	11	when	when	SCONJ
cblr-8481	1098	12	corporate	corporate	ADJ
cblr-8481	1098	13	insiders	insider	NOUN
cblr-8481	1098	14	participate	participate	VERB
cblr-8481	1098	15	in	in	ADP
cblr-8481	1098	16	the	the	DET
cblr-8481	1098	17	creation	creation	NOUN
cblr-8481	1098	18	of	of	ADP
cblr-8481	1098	19	fraudulent	fraudulent	ADJ
cblr-8481	1098	20	schemes	scheme	NOUN
cblr-8481	1098	21	but	but	CCONJ
cblr-8481	1098	22	lowerlevel	lowerlevel	NOUN
cblr-8481	1098	23	executives	executive	NOUN
cblr-8481	1098	24	responsible	responsible	ADJ
cblr-8481	1098	25	for	for	ADP
cblr-8481	1098	26	misstatements	misstatement	NOUN
cblr-8481	1098	27	fall	fall	VERB
cblr-8481	1098	28	outside	outside	ADP
cblr-8481	1098	29	the	the	DET
cblr-8481	1098	30	ambit	ambit	NOUN
cblr-8481	1098	31	of	of	ADP
cblr-8481	1098	32	primary	primary	ADJ
cblr-8481	1098	33	liability.255	liability.255	NOUN
cblr-8481	1098	34	admittedly	admittedly	ADV
cblr-8481	1098	35	,	,	PUNCT
cblr-8481	1098	36	there	there	PRON
cblr-8481	1098	37	may	may	AUX
cblr-8481	1098	38	be	be	AUX
cblr-8481	1098	39	reason	reason	NOUN
cblr-8481	1098	40	to	to	PART
cblr-8481	1098	41	doubt	doubt	VERB
cblr-8481	1098	42	the	the	DET
cblr-8481	1098	43	seriousness	seriousness	NOUN
cblr-8481	1098	44	of	of	ADP
cblr-8481	1098	45	these	these	DET
cblr-8481	1098	46	gaps	gap	NOUN
cblr-8481	1098	47	given	give	VERB
cblr-8481	1098	48	the	the	DET
cblr-8481	1098	49	other	other	ADJ
cblr-8481	1098	50	enforcement	enforcement	NOUN
cblr-8481	1098	51	tools	tool	NOUN
cblr-8481	1098	52	the	the	DET
cblr-8481	1098	53	sec	sec	PROPN
cblr-8481	1098	54	has	have	VERB
cblr-8481	1098	55	at	at	ADP
cblr-8481	1098	56	its	its	PRON
cblr-8481	1098	57	disposal	disposal	NOUN
cblr-8481	1098	58	—	—	PUNCT
cblr-8481	1098	59	particularly	particularly	ADV
cblr-8481	1098	60	section	section	NOUN
cblr-8481	1098	61	17(a	17(a	NUM
cblr-8481	1098	62	)	)	PUNCT
cblr-8481	1098	63	.	.	PUNCT
cblr-8481	1099	1	although	although	SCONJ
cblr-8481	1099	2	the	the	DET
cblr-8481	1099	3	language	language	NOUN
cblr-8481	1099	4	of	of	ADP
cblr-8481	1099	5	10b-5	10b-5	NUM
cblr-8481	1099	6	was	be	AUX
cblr-8481	1099	7	meant	mean	VERB
cblr-8481	1099	8	to	to	PART
cblr-8481	1099	9	directly	directly	ADV
cblr-8481	1099	10	parallel	parallel	ADJ
cblr-8481	1099	11	section	section	NOUN
cblr-8481	1099	12	17(a),256	17(a),256	NUM
cblr-8481	1099	13	section	section	NOUN
cblr-8481	1099	14	17(a	17(a	NUM
cblr-8481	1099	15	)	)	PUNCT
cblr-8481	1099	16	does	do	AUX
cblr-8481	1099	17	not	not	PART
cblr-8481	1099	18	include	include	VERB
cblr-8481	1099	19	the	the	DET
cblr-8481	1099	20	word	word	NOUN
cblr-8481	1099	21	“	"	PUNCT
cblr-8481	1099	22	make	make	VERB
cblr-8481	1099	23	”	"	PUNCT
cblr-8481	1099	24	in	in	ADP
cblr-8481	1099	25	the	the	DET
cblr-8481	1099	26	provision	provision	NOUN
cblr-8481	1099	27	corresponding	correspond	VERB
cblr-8481	1099	28	to	to	ADP
cblr-8481	1099	29	10b-5(b	10b-5(b	NUM
cblr-8481	1099	30	)	)	PUNCT
cblr-8481	1099	31	.	.	PUNCT
cblr-8481	1100	1	instead	instead	ADV
cblr-8481	1100	2	,	,	PUNCT
cblr-8481	1100	3	section	section	NOUN
cblr-8481	1100	4	17(a)(2	17(a)(2	NUM
cblr-8481	1100	5	)	)	PUNCT
cblr-8481	1100	6	states	state	VERB
cblr-8481	1100	7	that	that	SCONJ
cblr-8481	1100	8	its	its	PRON
cblr-8481	1100	9	penalty	penalty	NOUN
cblr-8481	1100	10	is	be	AUX
cblr-8481	1100	11	to	to	PART
cblr-8481	1100	12	be	be	AUX
cblr-8481	1100	13	imposed	impose	VERB
cblr-8481	1100	14	on	on	ADP
cblr-8481	1100	15	those	those	PRON
cblr-8481	1100	16	who	who	PRON
cblr-8481	1100	17	“	"	PUNCT
cblr-8481	1100	18	obtain	obtain	VERB
cblr-8481	1100	19	money	money	NOUN
cblr-8481	1100	20	or	or	CCONJ
cblr-8481	1100	21	property	property	NOUN
cblr-8481	1100	22	by	by	ADP
cblr-8481	1100	23	means	mean	NOUN
cblr-8481	1100	24	of	of	ADP
cblr-8481	1100	25	any	any	DET
cblr-8481	1100	26	untrue	untrue	ADJ
cblr-8481	1100	27	statement	statement	NOUN
cblr-8481	1100	28	of	of	ADP
cblr-8481	1100	29	a	a	DET
cblr-8481	1100	30	material	material	ADJ
cblr-8481	1100	31	fact	fact	NOUN
cblr-8481	1100	32	or	or	CCONJ
cblr-8481	1100	33	any	any	DET
cblr-8481	1100	34	omission,”257	omission,”257	NOUN
cblr-8481	1100	35	which	which	PRON
cblr-8481	1100	36	has	have	AUX
cblr-8481	1100	37	led	lead	VERB
cblr-8481	1100	38	many	many	ADJ
cblr-8481	1100	39	commentators	commentator	NOUN
cblr-8481	1100	40	to	to	PART
cblr-8481	1100	41	suggest	suggest	VERB
cblr-8481	1100	42	that	that	SCONJ
cblr-8481	1100	43	janus	janus	PROPN
cblr-8481	1100	44	does	do	AUX
cblr-8481	1100	45	not	not	PART
cblr-8481	1100	46	apply	apply	VERB
cblr-8481	1100	47	to	to	ADP
cblr-8481	1100	48	17(a).258	17(a).258	NUM
cblr-8481	1100	49	255	255	NUM
cblr-8481	1100	50	this	this	PRON
cblr-8481	1100	51	is	be	AUX
cblr-8481	1100	52	the	the	DET
cblr-8481	1100	53	case	case	NOUN
cblr-8481	1100	54	because	because	SCONJ
cblr-8481	1100	55	it	it	PRON
cblr-8481	1100	56	is	be	AUX
cblr-8481	1100	57	more	more	ADV
cblr-8481	1100	58	difficult	difficult	ADJ
cblr-8481	1100	59	to	to	PART
cblr-8481	1100	60	attribute	attribute	VERB
cblr-8481	1100	61	liability	liability	NOUN
cblr-8481	1100	62	as	as	SCONJ
cblr-8481	1100	63	you	you	PRON
cblr-8481	1100	64	move	move	VERB
cblr-8481	1100	65	down	down	ADP
cblr-8481	1100	66	the	the	DET
cblr-8481	1100	67	corporate	corporate	ADJ
cblr-8481	1100	68	ladder	ladder	NOUN
cblr-8481	1100	69	,	,	PUNCT
cblr-8481	1100	70	and	and	CCONJ
cblr-8481	1100	71	therefore	therefore	ADV
cblr-8481	1100	72	,	,	PUNCT
cblr-8481	1100	73	if	if	SCONJ
cblr-8481	1100	74	the	the	DET
cblr-8481	1100	75	board	board	NOUN
cblr-8481	1100	76	of	of	ADP
cblr-8481	1100	77	directors	director	NOUN
cblr-8481	1100	78	does	do	AUX
cblr-8481	1100	79	not	not	PART
cblr-8481	1100	80	have	have	VERB
cblr-8481	1100	81	the	the	DET
cblr-8481	1100	82	requisite	requisite	ADJ
cblr-8481	1100	83	scienter	scienter	NOUN
cblr-8481	1100	84	,	,	PUNCT
cblr-8481	1100	85	there	there	PRON
cblr-8481	1100	86	will	will	AUX
cblr-8481	1100	87	be	be	AUX
cblr-8481	1100	88	no	no	DET
cblr-8481	1100	89	primary	primary	ADJ
cblr-8481	1100	90	violation	violation	NOUN
cblr-8481	1100	91	to	to	PART
cblr-8481	1100	92	“	"	PUNCT
cblr-8481	1100	93	aid	aid	VERB
cblr-8481	1100	94	and	and	CCONJ
cblr-8481	1100	95	abet	abet	NOUN
cblr-8481	1100	96	.	.	PUNCT
cblr-8481	1100	97	”	"	PUNCT
cblr-8481	1101	1	for	for	ADP
cblr-8481	1101	2	a	a	DET
cblr-8481	1101	3	more	more	ADV
cblr-8481	1101	4	detailed	detailed	ADJ
cblr-8481	1101	5	discussion	discussion	NOUN
cblr-8481	1101	6	of	of	ADP
cblr-8481	1101	7	the	the	DET
cblr-8481	1101	8	scope	scope	NOUN
cblr-8481	1101	9	of	of	ADP
cblr-8481	1101	10	liability	liability	NOUN
cblr-8481	1101	11	,	,	PUNCT
cblr-8481	1101	12	see	see	VERB
cblr-8481	1101	13	supra	supra	PROPN
cblr-8481	1101	14	section	section	PROPN
cblr-8481	1101	15	iv.c.2	iv.c.2	PROPN
cblr-8481	1101	16	.	.	PUNCT
cblr-8481	1102	1	256	256	NUM
cblr-8481	1102	2	see	see	VERB
cblr-8481	1102	3	supra	supra	PROPN
cblr-8481	1102	4	notes	note	NOUN
cblr-8481	1102	5	12–13	12–13	NUM
cblr-8481	1102	6	and	and	CCONJ
cblr-8481	1102	7	accompanying	accompany	VERB
cblr-8481	1102	8	text	text	NOUN
cblr-8481	1102	9	.	.	PUNCT
cblr-8481	1103	1	257	257	NUM
cblr-8481	1103	2	15	15	NUM
cblr-8481	1103	3	u.s.c	u.s.c	NOUN
cblr-8481	1103	4	.	.	PUNCT
cblr-8481	1104	1	§	§	PROPN
cblr-8481	1104	2	77q(a)(2	77q(a)(2	NUM
cblr-8481	1104	3	)	)	PUNCT
cblr-8481	1104	4	(	(	PUNCT
cblr-8481	1104	5	2018	2018	NUM
cblr-8481	1104	6	)	)	PUNCT
cblr-8481	1104	7	.	.	PUNCT
cblr-8481	1105	1	258	258	NUM
cblr-8481	1105	2	see	see	VERB
cblr-8481	1105	3	langevoort	langevoort	NOUN
cblr-8481	1105	4	,	,	PUNCT
cblr-8481	1105	5	supra	supra	PROPN
cblr-8481	1105	6	note	note	NOUN
cblr-8481	1105	7	219	219	NUM
cblr-8481	1105	8	,	,	PUNCT
cblr-8481	1105	9	at	at	ADP
cblr-8481	1105	10	955	955	NUM
cblr-8481	1105	11	(	(	PUNCT
cblr-8481	1105	12	“	"	PUNCT
cblr-8481	1105	13	defendants	defendant	NOUN
cblr-8481	1105	14	in	in	ADP
cblr-8481	1105	15	sec	sec	PROPN
cblr-8481	1105	16	enforcement	enforcement	NOUN
cblr-8481	1105	17	actions	action	NOUN
cblr-8481	1105	18	have	have	AUX
cblr-8481	1105	19	argued	argue	VERB
cblr-8481	1105	20	that	that	SCONJ
cblr-8481	1105	21	janus	janus	PROPN
cblr-8481	1105	22	’	'	PUNCT
cblr-8481	1105	23	‘	'	PUNCT
cblr-8481	1105	24	ultimate	ultimate	ADJ
cblr-8481	1105	25	authority	authority	NOUN
cblr-8481	1105	26	’	'	PUNCT
cblr-8481	1105	27	test	test	NOUN
cblr-8481	1105	28	implicitly	implicitly	ADV
cblr-8481	1105	29	confines	confine	VERB
cblr-8481	1105	30	the	the	DET
cblr-8481	1105	31	scope	scope	NOUN
cblr-8481	1105	32	of	of	ADP
cblr-8481	1105	33	section	section	NOUN
cblr-8481	1105	34	17(a	17(a	NUM
cblr-8481	1105	35	)	)	PUNCT
cblr-8481	1105	36	as	as	ADV
cblr-8481	1105	37	well	well	ADV
cblr-8481	1105	38	as	as	ADP
cblr-8481	1105	39	l0b-5	l0b-5	NOUN
cblr-8481	1105	40	,	,	PUNCT
cblr-8481	1105	41	and	and	CCONJ
cblr-8481	1105	42	at	at	ADV
cblr-8481	1105	43	least	least	ADV
cblr-8481	1105	44	one	one	NUM
cblr-8481	1105	45	court	court	NOUN
cblr-8481	1105	46	has	have	AUX
cblr-8481	1105	47	agreed	agree	VERB
cblr-8481	1105	48	.	.	PUNCT
cblr-8481	1106	1	that	that	PRON
cblr-8481	1106	2	is	be	AUX
cblr-8481	1106	3	nonsense	nonsense	NOUN
cblr-8481	1106	4	.	.	PUNCT
cblr-8481	1107	1	statutory	statutory	ADJ
cblr-8481	1107	2	language	language	NOUN
cblr-8481	1107	3	has	have	VERB
cblr-8481	1107	4	to	to	PART
cblr-8481	1107	5	be	be	AUX
cblr-8481	1107	6	interpreted	interpret	VERB
cblr-8481	1107	7	literally	literally	ADV
cblr-8481	1107	8	,	,	PUNCT
cblr-8481	1107	9	and	and	CCONJ
cblr-8481	1107	10	the	the	DET
cblr-8481	1107	11	relevant	relevant	ADJ
cblr-8481	1107	12	language	language	NOUN
cblr-8481	1107	13	in	in	ADP
cblr-8481	1107	14	section	section	NOUN
cblr-8481	1107	15	17(a	17(a	NUM
cblr-8481	1107	16	)	)	PUNCT
cblr-8481	1107	17	asks	ask	VERB
cblr-8481	1107	18	whether	whether	SCONJ
cblr-8481	1107	19	the	the	DET
cblr-8481	1107	20	defendant	defendant	NOUN
cblr-8481	1107	21	obtained	obtain	VERB
cblr-8481	1107	22	money	money	NOUN
cblr-8481	1107	23	or	or	CCONJ
cblr-8481	1107	24	property	property	NOUN
cblr-8481	1107	25	‘	'	PUNCT
cblr-8481	1107	26	by	by	ADP
cblr-8481	1107	27	means	mean	NOUN
cblr-8481	1107	28	of	of	ADP
cblr-8481	1107	29	’	'	PUNCT
cblr-8481	1107	30	a	a	DET
cblr-8481	1107	31	materially	materially	ADV
cblr-8481	1107	32	false	false	ADJ
cblr-8481	1107	33	or	or	CCONJ
cblr-8481	1107	34	misleading	misleading	ADJ
cblr-8481	1107	35	statement	statement	NOUN
cblr-8481	1107	36	or	or	CCONJ
cblr-8481	1107	37	omission	omission	NOUN
cblr-8481	1107	38	.	.	PUNCT
cblr-8481	1108	1	none	none	NOUN
cblr-8481	1108	2	of	of	ADP
cblr-8481	1108	3	the	the	DET
cblr-8481	1108	4	janus	janus	PROPN
cblr-8481	1108	5	court	court	PROPN
cblr-8481	1108	6	’s	’s	PART
cblr-8481	1108	7	references	reference	NOUN
cblr-8481	1108	8	to	to	ADP
cblr-8481	1108	9	the	the	DET
cblr-8481	1108	10	dictionary	dictionary	ADJ
cblr-8481	1108	11	,	,	PUNCT
cblr-8481	1108	12	speechwriters	speechwriter	NOUN
cblr-8481	1108	13	,	,	PUNCT
cblr-8481	1108	14	or	or	CCONJ
cblr-8481	1108	15	precedent	precedent	NOUN
cblr-8481	1108	16	concerning	concern	VERB
cblr-8481	1108	17	the	the	DET
cblr-8481	1108	18	need	need	NOUN
cblr-8481	1108	19	to	to	PART
cblr-8481	1108	20	confine	confine	VERB
cblr-8481	1108	21	judicially	judicially	ADV
cblr-8481	1108	22	-	-	PUNCT
cblr-8481	1108	23	implied	imply	VERB
cblr-8481	1108	24	private	private	ADJ
cblr-8481	1108	25	rights	right	NOUN
cblr-8481	1108	26	of	of	ADP
cblr-8481	1108	27	action	action	NOUN
cblr-8481	1108	28	are	be	AUX
cblr-8481	1108	29	the	the	DET
cblr-8481	1108	30	least	least	ADJ
cblr-8481	1108	31	bit	bit	NOUN
cblr-8481	1108	32	helpful	helpful	ADJ
cblr-8481	1108	33	for	for	ADP
cblr-8481	1108	34	interpreting	interpret	VERB
cblr-8481	1108	35	words	word	NOUN
cblr-8481	1108	36	written	write	VERB
cblr-8481	1108	37	a	a	DET
cblr-8481	1108	38	decade	decade	NOUN
cblr-8481	1108	39	before	before	SCONJ
cblr-8481	1108	40	rule	rule	NOUN
cblr-8481	1108	41	10b-5	10b-5	NUM
cblr-8481	1108	42	came	come	VERB
cblr-8481	1108	43	into	into	ADP
cblr-8481	1108	44	existence	existence	NOUN
cblr-8481	1108	45	.	.	PUNCT
cblr-8481	1108	46	”	"	PUNCT
cblr-8481	1109	1	(	(	PUNCT
cblr-8481	1109	2	footnotes	footnote	NOUN
cblr-8481	1109	3	omitted	omit	VERB
cblr-8481	1109	4	)	)	PUNCT
cblr-8481	1109	5	(	(	PUNCT
cblr-8481	1109	6	quoting	quote	VERB
cblr-8481	1109	7	15	15	NUM
cblr-8481	1109	8	u.s.c	u.s.c	ADJ
cblr-8481	1109	9	.	.	PUNCT
cblr-8481	1110	1	§	§	PROPN
cblr-8481	1110	2	77q(a)(2	77q(a)(2	NUM
cblr-8481	1110	3	)	)	PUNCT
cblr-8481	1110	4	(	(	PUNCT
cblr-8481	1110	5	2006	2006	NUM
cblr-8481	1110	6	)	)	PUNCT
cblr-8481	1110	7	)	)	PUNCT
cblr-8481	1111	1	(	(	PUNCT
cblr-8481	1111	2	citing	cite	VERB
cblr-8481	1111	3	sec	sec	PROPN
cblr-8481	1111	4	v.	v.	PROPN
cblr-8481	1111	5	kelly	kelly	PROPN
cblr-8481	1111	6	,	,	PUNCT
cblr-8481	1111	7	817	817	NUM
cblr-8481	1111	8	f.	f.	PROPN
cblr-8481	1111	9	supp	supp	PROPN
cblr-8481	1111	10	.	.	PUNCT
cblr-8481	1112	1	2d	2d	PROPN
cblr-8481	1112	2	340	340	NUM
cblr-8481	1112	3	,	,	PUNCT
cblr-8481	1112	4	345–46	345–46	PROPN
cblr-8481	1112	5	(	(	PUNCT
cblr-8481	1112	6	s.d.n.y	s.d.n.y	PROPN
cblr-8481	1112	7	.	.	PROPN
cblr-8481	1112	8	2011	2011	NUM
cblr-8481	1112	9	)	)	PUNCT
cblr-8481	1112	10	,	,	PUNCT
cblr-8481	1112	11	abrogated	abrogate	VERB
cblr-8481	1112	12	on	on	ADP
cblr-8481	1112	13	other	other	ADJ
cblr-8481	1112	14	grounds	ground	NOUN
cblr-8481	1112	15	by	by	ADP
cblr-8481	1112	16	lorenzo	lorenzo	PROPN
cblr-8481	1112	17	v.	v.	ADP
cblr-8481	1112	18	sec	sec	PROPN
cblr-8481	1112	19	,	,	PUNCT
cblr-8481	1112	20	139	139	NUM
cblr-8481	1112	21	s.	s.	PROPN
cblr-8481	1112	22	ct	ct	PROPN
cblr-8481	1112	23	.	.	PROPN
cblr-8481	1112	24	1094	1094	NUM
cblr-8481	1112	25	(	(	PUNCT
cblr-8481	1112	26	2019	2019	NUM
cblr-8481	1112	27	)	)	PUNCT
cblr-8481	1112	28	)	)	PUNCT
cblr-8481	1112	29	)	)	PUNCT
cblr-8481	1112	30	;	;	PUNCT
cblr-8481	1112	31	wendy	wendy	PROPN
cblr-8481	1112	32	gerwick	gerwick	PROPN
cblr-8481	1112	33	couture	couture	PROPN
cblr-8481	1112	34	,	,	PUNCT
cblr-8481	1112	35	prosecuting	prosecute	VERB
cblr-8481	1112	36	securities	security	NOUN
cblr-8481	1112	37	fraud	fraud	NOUN
cblr-8481	1112	38	under	under	ADP
cblr-8481	1112	39	section	section	NOUN
cblr-8481	1112	40	17(a)(2	17(a)(2	NUM
cblr-8481	1112	41	)	)	PUNCT
cblr-8481	1112	42	,	,	PUNCT
cblr-8481	1112	43	50	50	NUM
cblr-8481	1112	44	loy	loy	NOUN
cblr-8481	1112	45	.	.	PUNCT
cblr-8481	1113	1	u.	u.	PROPN
cblr-8481	1113	2	chi	chi	PROPN
cblr-8481	1113	3	.	.	PUNCT
cblr-8481	1114	1	l.j	l.j	PROPN
cblr-8481	1114	2	.	.	PROPN
cblr-8481	1114	3	669	669	NUM
cblr-8481	1114	4	,	,	PUNCT
cblr-8481	1114	5	684	684	NUM
cblr-8481	1114	6	(	(	PUNCT
cblr-8481	1114	7	2019	2019	NUM
cblr-8481	1114	8	)	)	PUNCT
cblr-8481	1114	9	(	(	PUNCT
cblr-8481	1114	10	“	"	PUNCT
cblr-8481	1114	11	because	because	SCONJ
cblr-8481	1114	12	the	the	DET
cblr-8481	1114	13	reasoning	reasoning	NOUN
cblr-8481	1114	14	in	in	ADP
cblr-8481	1114	15	janus	janus	PROPN
cblr-8481	1114	16	does	do	AUX
cblr-8481	1114	17	not	not	PART
cblr-8481	1114	18	apply	apply	VERB
cblr-8481	1114	19	to	to	ADP
cblr-8481	1114	20	section	section	NOUN
cblr-8481	1114	21	17(a)(2	17(a)(2	NUM
cblr-8481	1114	22	)	)	PUNCT
cblr-8481	1114	23	,	,	PUNCT
cblr-8481	1114	24	i	i	PRON
cblr-8481	1114	25	agree	agree	VERB
cblr-8481	1114	26	with	with	ADP
cblr-8481	1114	27	the	the	DET
cblr-8481	1114	28	vast	vast	ADJ
cblr-8481	1114	29	majority	majority	NOUN
cblr-8481	1114	30	of	of	ADP
cblr-8481	1114	31	courts	court	NOUN
cblr-8481	1114	32	that	that	SCONJ
cblr-8481	1114	33	janus	janus	PROPN
cblr-8481	1114	34	’s	’s	PART
cblr-8481	1114	35	restrictions	restriction	NOUN
cblr-8481	1114	36	do	do	AUX
cblr-8481	1114	37	not	not	PART
cblr-8481	1114	38	apply	apply	VERB
cblr-8481	1114	39	to	to	ADP
cblr-8481	1114	40	section	section	NOUN
cblr-8481	1114	41	17(a)(2	17(a)(2	NUM
cblr-8481	1114	42	)	)	PUNCT
cblr-8481	1114	43	.	.	PUNCT
cblr-8481	1115	1	therefore	therefore	ADV
cblr-8481	1115	2	,	,	PUNCT
cblr-8481	1115	3	a	a	DET
cblr-8481	1115	4	person	person	NOUN
cblr-8481	1115	5	can	can	AUX
cblr-8481	1115	6	violate	violate	VERB
cblr-8481	1115	7	section	section	NOUN
cblr-8481	1115	8	17(a)(2	17(a)(2	NUM
cblr-8481	1115	9	)	)	PUNCT
cblr-8481	1115	10	by	by	ADP
cblr-8481	1115	11	using	use	VERB
cblr-8481	1115	12	a	a	DET
cblr-8481	1115	13	materially	materially	ADV
cblr-8481	1115	14	misleading	misleading	ADJ
cblr-8481	1115	15	misstatement	misstatement	NOUN
cblr-8481	1115	16	or	or	CCONJ
cblr-8481	1115	17	omission	omission	NOUN
cblr-8481	1115	18	in	in	ADP
cblr-8481	1115	19	the	the	DET
cblr-8481	1115	20	offer	offer	NOUN
cblr-8481	1115	21	or	or	CCONJ
cblr-8481	1115	22	sale	sale	NOUN
cblr-8481	1115	23	of	of	ADP
cblr-8481	1115	24	securities	security	NOUN
cblr-8481	1115	25	,	,	PUNCT
cblr-8481	1115	26	even	even	ADV
cblr-8481	1115	27	if	if	SCONJ
cblr-8481	1115	28	he	he	PRON
cblr-8481	1115	29	or	or	CCONJ
cblr-8481	1115	30	she	she	PRON
cblr-8481	1115	31	did	do	AUX
cblr-8481	1115	32	not	not	PART
cblr-8481	1115	33	have	have	VERB
cblr-8481	1115	34	ultimate	ultimate	ADJ
cblr-8481	1115	35	authority	authority	NOUN
cblr-8481	1115	36	over	over	ADP
cblr-8481	1115	37	its	its	PRON
cblr-8481	1115	38	content	content	NOUN
cblr-8481	1115	39	.	.	PUNCT
cblr-8481	1116	1	as	as	ADP
cblr-8481	1116	2	additional	additional	ADJ
cblr-8481	1116	3	support	support	NOUN
cblr-8481	1116	4	for	for	ADP
cblr-8481	1116	5	this	this	DET
cblr-8481	1116	6	note	note	NOUN
cblr-8481	1116	7	lieberman	lieberman	PROPN
cblr-8481	1116	8	6/13/2021	6/13/2021	NUM
cblr-8481	1116	9	8:45	8:45	NUM
cblr-8481	1116	10	pm	pm	NOUN
cblr-8481	1116	11	414	414	NUM
cblr-8481	1116	12	columbia	columbia	PROPN
cblr-8481	1116	13	business	business	NOUN
cblr-8481	1116	14	law	law	PROPN
cblr-8481	1116	15	review	review	NOUN
cblr-8481	1116	16	[	[	X
cblr-8481	1116	17	vol	vol	NOUN
cblr-8481	1116	18	.	.	PUNCT
cblr-8481	1116	19	2021	2021	NUM
cblr-8481	1116	20	this	this	PRON
cblr-8481	1116	21	has	have	AUX
cblr-8481	1116	22	been	be	AUX
cblr-8481	1116	23	borne	bear	VERB
cblr-8481	1116	24	out	out	ADP
cblr-8481	1116	25	in	in	ADP
cblr-8481	1116	26	the	the	DET
cblr-8481	1116	27	majority	majority	NOUN
cblr-8481	1116	28	of	of	ADP
cblr-8481	1116	29	federal	federal	ADJ
cblr-8481	1116	30	courts	court	NOUN
cblr-8481	1116	31	,	,	PUNCT
cblr-8481	1116	32	which	which	PRON
cblr-8481	1116	33	“	"	PUNCT
cblr-8481	1116	34	have	have	AUX
cblr-8481	1116	35	declined	decline	VERB
cblr-8481	1116	36	to	to	PART
cblr-8481	1116	37	extend	extend	VERB
cblr-8481	1116	38	[	[	X
cblr-8481	1116	39	janus	janus	X
cblr-8481	1116	40	’s	’s	X
cblr-8481	1116	41	]	]	PUNCT
cblr-8481	1116	42	holding	hold	VERB
cblr-8481	1116	43	to	to	ADP
cblr-8481	1116	44	17(a)(2)”259	17(a)(2)”259	NUM
cblr-8481	1116	45	because	because	SCONJ
cblr-8481	1116	46	“	"	PUNCT
cblr-8481	1116	47	‘	'	PUNCT
cblr-8481	1116	48	to	to	PART
cblr-8481	1116	49	make	make	VERB
cblr-8481	1116	50	a	a	DET
cblr-8481	1116	51	statement	statement	NOUN
cblr-8481	1116	52	’	'	PUNCT
cblr-8481	1116	53	is	be	AUX
cblr-8481	1116	54	the	the	DET
cblr-8481	1116	55	equivalent	equivalent	NOUN
cblr-8481	1116	56	of	of	ADP
cblr-8481	1116	57	‘	'	PUNCT
cblr-8481	1116	58	to	to	ADP
cblr-8481	1116	59	state	state	VERB
cblr-8481	1116	60	,	,	PUNCT
cblr-8481	1116	61	’	'	PUNCT
cblr-8481	1117	1	[	[	X
cblr-8481	1117	2	but	but	CCONJ
cblr-8481	1117	3	]	]	PUNCT
cblr-8481	1117	4	to	to	PART
cblr-8481	1117	5	obtain	obtain	VERB
cblr-8481	1117	6	money	money	NOUN
cblr-8481	1117	7	‘	'	PUNCT
cblr-8481	1117	8	by	by	ADP
cblr-8481	1117	9	means	mean	NOUN
cblr-8481	1117	10	of	of	ADP
cblr-8481	1117	11	’	'	PUNCT
cblr-8481	1117	12	a	a	DET
cblr-8481	1117	13	statement	statement	NOUN
cblr-8481	1117	14	plainly	plainly	ADV
cblr-8481	1117	15	covers	cover	VERB
cblr-8481	1117	16	a	a	DET
cblr-8481	1117	17	broader	broad	ADJ
cblr-8481	1117	18	range	range	NOUN
cblr-8481	1117	19	of	of	ADP
cblr-8481	1117	20	activity	activity	NOUN
cblr-8481	1117	21	.	.	PUNCT
cblr-8481	1117	22	”260	”260	PUNCT
cblr-8481	1118	1	this	this	PRON
cblr-8481	1118	2	could	could	AUX
cblr-8481	1118	3	suggest	suggest	VERB
cblr-8481	1118	4	that	that	SCONJ
cblr-8481	1118	5	the	the	DET
cblr-8481	1118	6	impact	impact	NOUN
cblr-8481	1118	7	of	of	ADP
cblr-8481	1118	8	janus	janus	PROPN
cblr-8481	1118	9	on	on	ADP
cblr-8481	1118	10	the	the	DET
cblr-8481	1118	11	sec	sec	PROPN
cblr-8481	1118	12	is	be	AUX
cblr-8481	1118	13	reduced	reduce	VERB
cblr-8481	1118	14	,	,	PUNCT
cblr-8481	1118	15	but	but	CCONJ
cblr-8481	1118	16	that	that	PRON
cblr-8481	1118	17	ignores	ignore	VERB
cblr-8481	1118	18	the	the	DET
cblr-8481	1118	19	purpose	purpose	NOUN
cblr-8481	1118	20	of	of	ADP
cblr-8481	1118	21	10b-5	10b-5	NUM
cblr-8481	1118	22	,	,	PUNCT
cblr-8481	1118	23	which	which	PRON
cblr-8481	1118	24	was	be	AUX
cblr-8481	1118	25	to	to	PART
cblr-8481	1118	26	close	close	VERB
cblr-8481	1118	27	the	the	DET
cblr-8481	1118	28	gaps	gap	NOUN
cblr-8481	1118	29	in	in	ADP
cblr-8481	1118	30	17(a	17(a	NUM
cblr-8481	1118	31	)	)	PUNCT
cblr-8481	1118	32	while	while	SCONJ
cblr-8481	1118	33	reaching	reach	VERB
cblr-8481	1118	34	the	the	DET
cblr-8481	1118	35	same	same	ADJ
cblr-8481	1118	36	types	type	NOUN
cblr-8481	1118	37	of	of	ADP
cblr-8481	1118	38	conduct.261	conduct.261	NOUN
cblr-8481	1118	39	holding	holding	NOUN
cblr-8481	1118	40	liable	liable	ADJ
cblr-8481	1118	41	those	those	PRON
cblr-8481	1118	42	who	who	PRON
cblr-8481	1118	43	assist	assist	VERB
cblr-8481	1118	44	in	in	ADP
cblr-8481	1118	45	the	the	DET
cblr-8481	1118	46	making	making	NOUN
cblr-8481	1118	47	of	of	ADP
cblr-8481	1118	48	a	a	DET
cblr-8481	1118	49	false	false	ADJ
cblr-8481	1118	50	statement	statement	NOUN
cblr-8481	1118	51	in	in	ADP
cblr-8481	1118	52	relation	relation	NOUN
cblr-8481	1118	53	to	to	ADP
cblr-8481	1118	54	a	a	DET
cblr-8481	1118	55	sale	sale	NOUN
cblr-8481	1118	56	but	but	CCONJ
cblr-8481	1118	57	not	not	PART
cblr-8481	1118	58	those	those	PRON
cblr-8481	1118	59	who	who	PRON
cblr-8481	1118	60	assist	assist	VERB
cblr-8481	1118	61	in	in	ADP
cblr-8481	1118	62	relation	relation	NOUN
cblr-8481	1118	63	to	to	ADP
cblr-8481	1118	64	a	a	DET
cblr-8481	1118	65	purchase	purchase	NOUN
cblr-8481	1118	66	is	be	AUX
cblr-8481	1118	67	an	an	DET
cblr-8481	1118	68	arbitrary	arbitrary	ADJ
cblr-8481	1118	69	distinction.262	distinction.262	VERB
cblr-8481	1118	70	the	the	DET
cblr-8481	1118	71	availability	availability	NOUN
cblr-8481	1118	72	of	of	ADP
cblr-8481	1118	73	section	section	NOUN
cblr-8481	1118	74	17(a	17(a	NUM
cblr-8481	1118	75	)	)	PUNCT
cblr-8481	1118	76	is	be	AUX
cblr-8481	1118	77	certainly	certainly	ADV
cblr-8481	1118	78	beneficial	beneficial	ADJ
cblr-8481	1118	79	for	for	ADP
cblr-8481	1118	80	the	the	DET
cblr-8481	1118	81	sec	sec	PROPN
cblr-8481	1118	82	since	since	SCONJ
cblr-8481	1118	83	janus	janus	PROPN
cblr-8481	1118	84	is	be	AUX
cblr-8481	1118	85	less	less	ADV
cblr-8481	1118	86	likely	likely	ADJ
cblr-8481	1118	87	to	to	PART
cblr-8481	1118	88	apply	apply	VERB
cblr-8481	1118	89	and	and	CCONJ
cblr-8481	1118	90	since	since	SCONJ
cblr-8481	1118	91	it	it	PRON
cblr-8481	1118	92	does	do	AUX
cblr-8481	1118	93	not	not	PART
cblr-8481	1118	94	carry	carry	VERB
cblr-8481	1118	95	the	the	DET
cblr-8481	1118	96	baggage	baggage	NOUN
cblr-8481	1118	97	of	of	ADP
cblr-8481	1118	98	criticisms	criticism	NOUN
cblr-8481	1118	99	of	of	ADP
cblr-8481	1118	100	the	the	DET
cblr-8481	1118	101	private	private	ADJ
cblr-8481	1118	102	right	right	NOUN
cblr-8481	1118	103	of	of	ADP
cblr-8481	1118	104	action,263	action,263	ADV
cblr-8481	1118	105	but	but	CCONJ
cblr-8481	1118	106	the	the	DET
cblr-8481	1118	107	federal	federal	ADJ
cblr-8481	1118	108	courts	court	NOUN
cblr-8481	1118	109	should	should	AUX
cblr-8481	1118	110	not	not	PART
cblr-8481	1118	111	allow	allow	VERB
cblr-8481	1118	112	a	a	DET
cblr-8481	1118	113	gap	gap	NOUN
cblr-8481	1118	114	in	in	ADP
cblr-8481	1118	115	rule	rule	NOUN
cblr-8481	1118	116	10b-5	10b-5	NUM
cblr-8481	1118	117	on	on	ADP
cblr-8481	1118	118	such	such	ADJ
cblr-8481	1118	119	formalistic	formalistic	ADJ
cblr-8481	1118	120	grounds	ground	NOUN
cblr-8481	1118	121	.	.	PUNCT
cblr-8481	1119	1	there	there	PRON
cblr-8481	1119	2	also	also	ADV
cblr-8481	1119	3	are	be	AUX
cblr-8481	1119	4	concerns	concern	NOUN
cblr-8481	1119	5	that	that	SCONJ
cblr-8481	1119	6	forcing	force	VERB
cblr-8481	1119	7	the	the	DET
cblr-8481	1119	8	sec	sec	PROPN
cblr-8481	1119	9	to	to	PART
cblr-8481	1119	10	rely	rely	VERB
cblr-8481	1119	11	on	on	ADP
cblr-8481	1119	12	section	section	NOUN
cblr-8481	1119	13	17(a)(2	17(a)(2	NUM
cblr-8481	1119	14	)	)	PUNCT
cblr-8481	1119	15	rather	rather	ADV
cblr-8481	1119	16	than	than	ADP
cblr-8481	1119	17	rule	rule	VERB
cblr-8481	1119	18	10b-5	10b-5	NUM
cblr-8481	1119	19	could	could	AUX
cblr-8481	1119	20	undermine	undermine	VERB
cblr-8481	1119	21	the	the	DET
cblr-8481	1119	22	sec	sec	PROPN
cblr-8481	1119	23	’s	’s	PART
cblr-8481	1119	24	power	power	NOUN
cblr-8481	1119	25	to	to	PART
cblr-8481	1119	26	deter	deter	VERB
cblr-8481	1119	27	fraudulent	fraudulent	ADJ
cblr-8481	1119	28	conduct	conduct	NOUN
cblr-8481	1119	29	because	because	SCONJ
cblr-8481	1119	30	,	,	PUNCT
cblr-8481	1119	31	unlike	unlike	ADP
cblr-8481	1119	32	a	a	DET
cblr-8481	1119	33	violation	violation	NOUN
cblr-8481	1119	34	of	of	ADP
cblr-8481	1119	35	10b-5	10b-5	NUM
cblr-8481	1119	36	,	,	PUNCT
cblr-8481	1119	37	“	"	PUNCT
cblr-8481	1119	38	[	[	X
cblr-8481	1119	39	a	a	X
cblr-8481	1119	40	]	]	X
cblr-8481	1119	41	violation	violation	NOUN
cblr-8481	1119	42	of	of	ADP
cblr-8481	1119	43	section	section	NOUN
cblr-8481	1119	44	17(a)(2	17(a)(2	NUM
cblr-8481	1119	45	)	)	PUNCT
cblr-8481	1119	46	does	do	AUX
cblr-8481	1119	47	not	not	PART
cblr-8481	1119	48	require	require	VERB
cblr-8481	1119	49	scienter	scienter	NOUN
cblr-8481	1119	50	and	and	CCONJ
cblr-8481	1119	51	thus	thus	ADV
cblr-8481	1119	52	can	can	AUX
cblr-8481	1119	53	be	be	AUX
cblr-8481	1119	54	established	establish	VERB
cblr-8481	1119	55	if	if	SCONJ
cblr-8481	1119	56	the	the	DET
cblr-8481	1119	57	defendant	defendant	NOUN
cblr-8481	1119	58	acted	act	VERB
cblr-8481	1119	59	negligently	negligently	ADV
cblr-8481	1119	60	.	.	PUNCT
cblr-8481	1119	61	”264	”264	PUNCT
cblr-8481	1119	62	forcing	force	VERB
cblr-8481	1119	63	the	the	DET
cblr-8481	1119	64	sec	sec	PROPN
cblr-8481	1119	65	to	to	PART
cblr-8481	1119	66	rely	rely	VERB
cblr-8481	1119	67	on	on	ADP
cblr-8481	1119	68	17(a)(2	17(a)(2	NUM
cblr-8481	1119	69	)	)	PUNCT
cblr-8481	1119	70	could	could	AUX
cblr-8481	1119	71	dilute	dilute	VERB
cblr-8481	1119	72	the	the	DET
cblr-8481	1119	73	impact	impact	NOUN
cblr-8481	1119	74	of	of	ADP
cblr-8481	1119	75	a	a	DET
cblr-8481	1119	76	securities	security	NOUN
cblr-8481	1119	77	fraud	fraud	NOUN
cblr-8481	1119	78	violation	violation	NOUN
cblr-8481	1119	79	in	in	ADP
cblr-8481	1119	80	two	two	NUM
cblr-8481	1119	81	ways	way	NOUN
cblr-8481	1119	82	:	:	PUNCT
cblr-8481	1119	83	(	(	PUNCT
cblr-8481	1119	84	1	1	X
cblr-8481	1119	85	)	)	PUNCT
cblr-8481	1119	86	“	"	PUNCT
cblr-8481	1119	87	if	if	SCONJ
cblr-8481	1119	88	the	the	DET
cblr-8481	1119	89	commission	commission	NOUN
cblr-8481	1119	90	's	's	PART
cblr-8481	1119	91	primary	primary	ADJ
cblr-8481	1119	92	tool	tool	NOUN
cblr-8481	1119	93	for	for	ADP
cblr-8481	1119	94	prosecuting	prosecute	VERB
cblr-8481	1119	95	misleading	mislead	VERB
cblr-8481	1119	96	statements	statement	NOUN
cblr-8481	1119	97	requires	require	VERB
cblr-8481	1119	98	only	only	ADV
cblr-8481	1119	99	proof	proof	NOUN
cblr-8481	1119	100	of	of	ADP
cblr-8481	1119	101	negligence	negligence	NOUN
cblr-8481	1119	102	,	,	PUNCT
cblr-8481	1119	103	there	there	PRON
cblr-8481	1119	104	conclusion	conclusion	NOUN
cblr-8481	1119	105	,	,	PUNCT
cblr-8481	1119	106	the	the	DET
cblr-8481	1119	107	supreme	supreme	PROPN
cblr-8481	1119	108	court	court	PROPN
cblr-8481	1119	109	recently	recently	ADV
cblr-8481	1119	110	held	hold	VERB
cblr-8481	1119	111	in	in	ADP
cblr-8481	1119	112	lorenzo	lorenzo	PROPN
cblr-8481	1119	113	v.	v.	ADP
cblr-8481	1119	114	sec	sec	PROPN
cblr-8481	1119	115	that	that	SCONJ
cblr-8481	1119	116	janus	janus	PROPN
cblr-8481	1119	117	’s	’s	PART
cblr-8481	1119	118	restrictive	restrictive	ADJ
cblr-8481	1119	119	interpretation	interpretation	NOUN
cblr-8481	1119	120	of	of	ADP
cblr-8481	1119	121	‘	'	PUNCT
cblr-8481	1119	122	maker	maker	NOUN
cblr-8481	1119	123	’	'	PUNCT
cblr-8481	1119	124	liability	liability	NOUN
cblr-8481	1119	125	is	be	AUX
cblr-8481	1119	126	inapplicable	inapplicable	ADJ
cblr-8481	1119	127	to	to	ADP
cblr-8481	1119	128	claims	claim	NOUN
cblr-8481	1119	129	under	under	ADP
cblr-8481	1119	130	section	section	NOUN
cblr-8481	1119	131	17(a)(1	17(a)(1	NUM
cblr-8481	1119	132	)	)	PUNCT
cblr-8481	1119	133	,	,	PUNCT
cblr-8481	1119	134	rule	rule	NOUN
cblr-8481	1119	135	l0b-5(a	l0b-5(a	PROPN
cblr-8481	1119	136	)	)	PUNCT
cblr-8481	1119	137	,	,	PUNCT
cblr-8481	1119	138	and	and	CCONJ
cblr-8481	1119	139	rule	rule	VERB
cblr-8481	1119	140	l0b-5(c	l0b-5(c	PROPN
cblr-8481	1119	141	)	)	PUNCT
cblr-8481	1119	142	,	,	PUNCT
cblr-8481	1119	143	which	which	PRON
cblr-8481	1119	144	do	do	AUX
cblr-8481	1119	145	not	not	PART
cblr-8481	1119	146	include	include	VERB
cblr-8481	1119	147	the	the	DET
cblr-8481	1119	148	word	word	NOUN
cblr-8481	1119	149	‘	'	PUNCT
cblr-8481	1119	150	make	make	NOUN
cblr-8481	1119	151	.	.	PUNCT
cblr-8481	1119	152	’	'	PUNCT
cblr-8481	1119	153	”	"	PUNCT
cblr-8481	1120	1	(	(	PUNCT
cblr-8481	1120	2	citing	cite	VERB
cblr-8481	1120	3	lorenzo	lorenzo	NOUN
cblr-8481	1120	4	,	,	PUNCT
cblr-8481	1120	5	139	139	NUM
cblr-8481	1120	6	s.	s.	PROPN
cblr-8481	1120	7	ct	ct	PROPN
cblr-8481	1120	8	.	.	PUNCT
cblr-8481	1121	1	at	at	ADP
cblr-8481	1121	2	1104	1104	NUM
cblr-8481	1121	3	)	)	PUNCT
cblr-8481	1121	4	)	)	PUNCT
cblr-8481	1121	5	.	.	PUNCT
cblr-8481	1122	1	259	259	NUM
cblr-8481	1122	2	sec	sec	PROPN
cblr-8481	1122	3	v.	v.	PROPN
cblr-8481	1122	4	husain	husain	PROPN
cblr-8481	1122	5	,	,	PUNCT
cblr-8481	1122	6	no	no	INTJ
cblr-8481	1122	7	.	.	NOUN
cblr-8481	1123	1	16	16	NUM
cblr-8481	1123	2	-	-	PUNCT
cblr-8481	1123	3	cv-03250	cv-03250	NOUN
cblr-8481	1123	4	,	,	PUNCT
cblr-8481	1123	5	2017	2017	NUM
cblr-8481	1123	6	wl	wl	NOUN
cblr-8481	1123	7	810269	810269	NUM
cblr-8481	1123	8	,	,	PUNCT
cblr-8481	1123	9	at	at	ADP
cblr-8481	1123	10	*	*	NOUN
cblr-8481	1123	11	8	8	NUM
cblr-8481	1123	12	(	(	PUNCT
cblr-8481	1123	13	c.d	c.d	PROPN
cblr-8481	1123	14	.	.	PROPN
cblr-8481	1123	15	cal	cal	PROPN
cblr-8481	1123	16	.	.	PUNCT
cblr-8481	1124	1	mar	mar	PROPN
cblr-8481	1124	2	.	.	PROPN
cblr-8481	1124	3	1	1	NUM
cblr-8481	1124	4	,	,	PUNCT
cblr-8481	1124	5	2017	2017	NUM
cblr-8481	1124	6	)	)	PUNCT
cblr-8481	1124	7	(	(	PUNCT
cblr-8481	1124	8	collecting	collect	VERB
cblr-8481	1124	9	cases	case	NOUN
cblr-8481	1124	10	)	)	PUNCT
cblr-8481	1124	11	.	.	PUNCT
cblr-8481	1125	1	260	260	NUM
cblr-8481	1125	2	sec	sec	PROPN
cblr-8481	1125	3	v.	v.	CCONJ
cblr-8481	1125	4	stoker	stoker	NOUN
cblr-8481	1125	5	,	,	PUNCT
cblr-8481	1125	6	865	865	NUM
cblr-8481	1125	7	f.	f.	PROPN
cblr-8481	1125	8	supp	supp	PROPN
cblr-8481	1125	9	.	.	PUNCT
cblr-8481	1126	1	2d	2d	PROPN
cblr-8481	1126	2	457	457	NUM
cblr-8481	1126	3	,	,	PUNCT
cblr-8481	1126	4	465	465	NUM
cblr-8481	1126	5	(	(	PUNCT
cblr-8481	1126	6	s.d.n.y	s.d.n.y	PROPN
cblr-8481	1126	7	.	.	PROPN
cblr-8481	1126	8	2012	2012	NUM
cblr-8481	1126	9	)	)	PUNCT
cblr-8481	1126	10	.	.	PUNCT
cblr-8481	1127	1	261	261	NUM
cblr-8481	1127	2	see	see	VERB
cblr-8481	1127	3	supra	supra	PROPN
cblr-8481	1127	4	notes	note	NOUN
cblr-8481	1127	5	12–18	12–18	NUM
cblr-8481	1127	6	and	and	CCONJ
cblr-8481	1127	7	accompanying	accompany	VERB
cblr-8481	1127	8	text	text	NOUN
cblr-8481	1127	9	.	.	PUNCT
cblr-8481	1128	1	262	262	NUM
cblr-8481	1128	2	langevoort	langevoort	NOUN
cblr-8481	1128	3	mentions	mention	VERB
cblr-8481	1128	4	the	the	DET
cblr-8481	1128	5	same	same	ADJ
cblr-8481	1128	6	history	history	NOUN
cblr-8481	1128	7	in	in	ADP
cblr-8481	1128	8	critiquing	critique	VERB
cblr-8481	1128	9	janus	janus	PROPN
cblr-8481	1128	10	court	court	PROPN
cblr-8481	1128	11	’s	’s	PART
cblr-8481	1128	12	textualism	textualism	NOUN
cblr-8481	1128	13	:	:	PUNCT
cblr-8481	1128	14	“	"	PUNCT
cblr-8481	1128	15	note	note	VERB
cblr-8481	1128	16	what	what	PRON
cblr-8481	1128	17	the	the	DET
cblr-8481	1128	18	court	court	NOUN
cblr-8481	1128	19	does	do	AUX
cblr-8481	1128	20	not	not	PART
cblr-8481	1128	21	do	do	VERB
cblr-8481	1128	22	—	—	PUNCT
cblr-8481	1128	23	ask	ask	VERB
cblr-8481	1128	24	what	what	PRON
cblr-8481	1128	25	a	a	DET
cblr-8481	1128	26	reasonable	reasonable	ADJ
cblr-8481	1128	27	person	person	NOUN
cblr-8481	1128	28	would	would	AUX
cblr-8481	1128	29	think	think	VERB
cblr-8481	1128	30	the	the	DET
cblr-8481	1128	31	sec	sec	PROPN
cblr-8481	1128	32	meant	mean	VERB
cblr-8481	1128	33	at	at	ADP
cblr-8481	1128	34	the	the	DET
cblr-8481	1128	35	time	time	NOUN
cblr-8481	1128	36	by	by	ADP
cblr-8481	1128	37	its	its	PRON
cblr-8481	1128	38	chosen	choose	VERB
cblr-8481	1128	39	language	language	NOUN
cblr-8481	1128	40	”	"	PUNCT
cblr-8481	1128	41	even	even	ADV
cblr-8481	1128	42	though	though	SCONJ
cblr-8481	1128	43	“	"	PUNCT
cblr-8481	1128	44	[	[	X
cblr-8481	1128	45	t]he	t]he	ADV
cblr-8481	1128	46	context	context	NOUN
cblr-8481	1128	47	in	in	ADP
cblr-8481	1128	48	which	which	PRON
cblr-8481	1128	49	the	the	DET
cblr-8481	1128	50	rule	rule	NOUN
cblr-8481	1128	51	was	be	AUX
cblr-8481	1128	52	adopted	adopt	VERB
cblr-8481	1128	53	is	be	AUX
cblr-8481	1128	54	well	well	ADV
cblr-8481	1128	55	-	-	PUNCT
cblr-8481	1128	56	known	know	VERB
cblr-8481	1128	57	.	.	PUNCT
cblr-8481	1128	58	”	"	PUNCT
cblr-8481	1129	1	see	see	VERB
cblr-8481	1129	2	langevoort	langevoort	NOUN
cblr-8481	1129	3	,	,	PUNCT
cblr-8481	1129	4	supra	supra	PROPN
cblr-8481	1129	5	note	note	NOUN
cblr-8481	1129	6	219	219	NUM
cblr-8481	1129	7	,	,	PUNCT
cblr-8481	1129	8	at	at	ADP
cblr-8481	1129	9	940	940	NUM
cblr-8481	1129	10	.	.	PUNCT
cblr-8481	1130	1	263	263	NUM
cblr-8481	1130	2	see	see	VERB
cblr-8481	1130	3	i	i	PRON
cblr-8481	1130	4	d.	d.	PROPN
cblr-8481	1130	5	at	at	ADP
cblr-8481	1130	6	940–41	940–41	PROPN
cblr-8481	1130	7	.	.	PUNCT
cblr-8481	1131	1	264	264	NUM
cblr-8481	1131	2	couture	couture	NOUN
cblr-8481	1131	3	,	,	PUNCT
cblr-8481	1131	4	supra	supra	PROPN
cblr-8481	1131	5	note	note	NOUN
cblr-8481	1131	6	258	258	NUM
cblr-8481	1131	7	,	,	PUNCT
cblr-8481	1131	8	at	at	ADP
cblr-8481	1131	9	672	672	NUM
cblr-8481	1131	10	(	(	PUNCT
cblr-8481	1131	11	citing	cite	VERB
cblr-8481	1131	12	aaron	aaron	PROPN
cblr-8481	1131	13	v.	v.	PROPN
cblr-8481	1131	14	sec	sec	PROPN
cblr-8481	1131	15	,	,	PUNCT
cblr-8481	1131	16	446	446	NUM
cblr-8481	1131	17	u.s	u.s	PROPN
cblr-8481	1131	18	.	.	PROPN
cblr-8481	1131	19	680	680	NUM
cblr-8481	1131	20	,	,	PUNCT
cblr-8481	1131	21	702	702	NUM
cblr-8481	1131	22	(	(	PUNCT
cblr-8481	1131	23	1980	1980	NUM
cblr-8481	1131	24	)	)	PUNCT
cblr-8481	1131	25	)	)	PUNCT
cblr-8481	1131	26	.	.	PUNCT
cblr-8481	1132	1	note	note	NOUN
cblr-8481	1132	2	–	–	PUNCT
cblr-8481	1132	3	lieberman	lieberman	PROPN
cblr-8481	1133	1	6/13/2021	6/13/2021	NUM
cblr-8481	1133	2	8:45	8:45	NUM
cblr-8481	1133	3	pm	pm	NOUN
cblr-8481	1133	4	no	no	INTJ
cblr-8481	1133	5	.	.	PUNCT
cblr-8481	1134	1	1:352	1:352	NUM
cblr-8481	1134	2	]	]	X
cblr-8481	1134	3	lorenzo	lorenzo	PROPN
cblr-8481	1134	4	v.	v.	ADP
cblr-8481	1134	5	sec	sec	PROPN
cblr-8481	1134	6	and	and	CCONJ
cblr-8481	1134	7	the	the	DET
cblr-8481	1134	8	expansion	expansion	NOUN
cblr-8481	1134	9	of	of	ADP
cblr-8481	1134	10	scheme	scheme	NOUN
cblr-8481	1134	11	liability	liability	NOUN
cblr-8481	1134	12	415	415	NUM
cblr-8481	1134	13	is	be	AUX
cblr-8481	1134	14	a	a	DET
cblr-8481	1134	15	serious	serious	ADJ
cblr-8481	1134	16	risk	risk	NOUN
cblr-8481	1134	17	of	of	ADP
cblr-8481	1134	18	diluting	dilute	VERB
cblr-8481	1134	19	the	the	DET
cblr-8481	1134	20	social	social	ADJ
cblr-8481	1134	21	stigma	stigma	NOUN
cblr-8481	1134	22	associated	associate	VERB
cblr-8481	1134	23	with	with	ADP
cblr-8481	1134	24	violating	violate	VERB
cblr-8481	1134	25	the	the	DET
cblr-8481	1134	26	securities	security	NOUN
cblr-8481	1134	27	law	law	NOUN
cblr-8481	1134	28	,	,	PUNCT
cblr-8481	1134	29	”	"	PUNCT
cblr-8481	1134	30	and	and	CCONJ
cblr-8481	1134	31	(	(	PUNCT
cblr-8481	1134	32	2	2	X
cblr-8481	1134	33	)	)	PUNCT
cblr-8481	1134	34	“	"	PUNCT
cblr-8481	1134	35	negligence	negligence	NOUN
cblr-8481	1134	36	-	-	PUNCT
cblr-8481	1134	37	based	base	VERB
cblr-8481	1134	38	violations	violation	NOUN
cblr-8481	1134	39	carry	carry	VERB
cblr-8481	1134	40	smaller	small	ADJ
cblr-8481	1134	41	penalties	penalty	NOUN
cblr-8481	1134	42	than	than	ADP
cblr-8481	1134	43	intentional	intentional	ADJ
cblr-8481	1134	44	violations	violation	NOUN
cblr-8481	1134	45	.	.	PUNCT
cblr-8481	1135	1	”265	”265	NOUN
cblr-8481	1135	2	expanding	expand	VERB
cblr-8481	1135	3	scheme	scheme	NOUN
cblr-8481	1135	4	liability	liability	NOUN
cblr-8481	1135	5	under	under	ADP
cblr-8481	1135	6	10b-5	10b-5	NUM
cblr-8481	1135	7	would	would	AUX
cblr-8481	1135	8	fill	fill	VERB
cblr-8481	1135	9	in	in	ADP
cblr-8481	1135	10	the	the	DET
cblr-8481	1135	11	gaps	gap	NOUN
cblr-8481	1135	12	janus	janus	PROPN
cblr-8481	1135	13	created	create	VERB
cblr-8481	1135	14	,	,	PUNCT
cblr-8481	1135	15	allow	allow	VERB
cblr-8481	1135	16	the	the	DET
cblr-8481	1135	17	sec	sec	PROPN
cblr-8481	1135	18	to	to	PART
cblr-8481	1135	19	use	use	VERB
cblr-8481	1135	20	10b-5	10b-5	NUM
cblr-8481	1135	21	as	as	ADP
cblr-8481	1135	22	a	a	DET
cblr-8481	1135	23	deterrent	deterrent	NOUN
cblr-8481	1135	24	to	to	PART
cblr-8481	1135	25	fraud	fraud	VERB
cblr-8481	1135	26	,	,	PUNCT
cblr-8481	1135	27	and	and	CCONJ
cblr-8481	1135	28	reinstate	reinstate	VERB
cblr-8481	1135	29	the	the	DET
cblr-8481	1135	30	sec	sec	PROPN
cblr-8481	1135	31	’s	’s	PART
cblr-8481	1135	32	pre	pre	ADJ
cblr-8481	1135	33	-	-	ADJ
cblr-8481	1135	34	janus	janus	ADJ
cblr-8481	1135	35	enforcement	enforcement	PROPN
cblr-8481	1135	36	arsenal	arsenal	PROPN
cblr-8481	1135	37	.	.	PUNCT
cblr-8481	1136	1	vii	vii	PROPN
cblr-8481	1136	2	.	.	PROPN
cblr-8481	1137	1	conclusion	conclusion	VERB
cblr-8481	1137	2	the	the	DET
cblr-8481	1137	3	adoption	adoption	NOUN
cblr-8481	1137	4	of	of	ADP
cblr-8481	1137	5	a	a	DET
cblr-8481	1137	6	“	"	PUNCT
cblr-8481	1137	7	modified	modified	ADJ
cblr-8481	1137	8	creator	creator	NOUN
cblr-8481	1137	9	standard	standard	NOUN
cblr-8481	1137	10	”	"	PUNCT
cblr-8481	1137	11	would	would	AUX
cblr-8481	1137	12	be	be	AUX
cblr-8481	1137	13	an	an	DET
cblr-8481	1137	14	effective	effective	ADJ
cblr-8481	1137	15	way	way	NOUN
cblr-8481	1137	16	for	for	SCONJ
cblr-8481	1137	17	federal	federal	ADJ
cblr-8481	1137	18	courts	court	NOUN
cblr-8481	1137	19	to	to	PART
cblr-8481	1137	20	apply	apply	VERB
cblr-8481	1137	21	the	the	DET
cblr-8481	1137	22	lorenzo	lorenzo	NOUN
cblr-8481	1137	23	decision	decision	NOUN
cblr-8481	1137	24	going	go	VERB
cblr-8481	1137	25	forward	forward	ADV
cblr-8481	1137	26	.	.	PUNCT
cblr-8481	1138	1	with	with	ADP
cblr-8481	1138	2	regard	regard	NOUN
cblr-8481	1138	3	to	to	ADP
cblr-8481	1138	4	the	the	DET
cblr-8481	1138	5	private	private	ADJ
cblr-8481	1138	6	right	right	NOUN
cblr-8481	1138	7	of	of	ADP
cblr-8481	1138	8	action	action	NOUN
cblr-8481	1138	9	,	,	PUNCT
cblr-8481	1138	10	it	it	PRON
cblr-8481	1138	11	would	would	AUX
cblr-8481	1138	12	further	further	VERB
cblr-8481	1138	13	the	the	DET
cblr-8481	1138	14	goal	goal	NOUN
cblr-8481	1138	15	of	of	ADP
cblr-8481	1138	16	deterring	deter	VERB
cblr-8481	1138	17	fraud	fraud	NOUN
cblr-8481	1138	18	by	by	ADP
cblr-8481	1138	19	ensuring	ensure	VERB
cblr-8481	1138	20	that	that	SCONJ
cblr-8481	1138	21	culpable	culpable	ADJ
cblr-8481	1138	22	actors	actor	NOUN
cblr-8481	1138	23	are	be	AUX
cblr-8481	1138	24	once	once	ADV
cblr-8481	1138	25	again	again	ADV
cblr-8481	1138	26	subject	subject	ADJ
cblr-8481	1138	27	to	to	ADP
cblr-8481	1138	28	suit	suit	NOUN
cblr-8481	1138	29	by	by	ADP
cblr-8481	1138	30	private	private	ADJ
cblr-8481	1138	31	plaintiffs	plaintiff	NOUN
cblr-8481	1138	32	while	while	SCONJ
cblr-8481	1138	33	maintaining	maintain	VERB
cblr-8481	1138	34	the	the	DET
cblr-8481	1138	35	many	many	ADJ
cblr-8481	1138	36	barriers	barrier	NOUN
cblr-8481	1138	37	that	that	PRON
cblr-8481	1138	38	are	be	AUX
cblr-8481	1138	39	in	in	ADP
cblr-8481	1138	40	place	place	NOUN
cblr-8481	1138	41	to	to	PART
cblr-8481	1138	42	prevent	prevent	VERB
cblr-8481	1138	43	strike	strike	NOUN
cblr-8481	1138	44	suits	suit	NOUN
cblr-8481	1138	45	and	and	CCONJ
cblr-8481	1138	46	ensure	ensure	VERB
cblr-8481	1138	47	that	that	SCONJ
cblr-8481	1138	48	minor	minor	ADJ
cblr-8481	1138	49	participants	participant	NOUN
cblr-8481	1138	50	are	be	AUX
cblr-8481	1138	51	not	not	PART
cblr-8481	1138	52	swept	sweep	VERB
cblr-8481	1138	53	up	up	ADP
cblr-8481	1138	54	in	in	ADP
cblr-8481	1138	55	private	private	ADJ
cblr-8481	1138	56	litigation	litigation	NOUN
cblr-8481	1138	57	.	.	PUNCT
cblr-8481	1139	1	it	it	PRON
cblr-8481	1139	2	also	also	ADV
cblr-8481	1139	3	would	would	AUX
cblr-8481	1139	4	fill	fill	VERB
cblr-8481	1139	5	in	in	ADP
cblr-8481	1139	6	the	the	DET
cblr-8481	1139	7	gaps	gap	NOUN
cblr-8481	1139	8	in	in	ADP
cblr-8481	1139	9	sec	sec	PROPN
cblr-8481	1139	10	enforcement	enforcement	NOUN
cblr-8481	1139	11	created	create	VERB
cblr-8481	1139	12	by	by	ADP
cblr-8481	1139	13	janus	janus	PROPN
cblr-8481	1139	14	,	,	PUNCT
cblr-8481	1139	15	allowing	allow	VERB
cblr-8481	1139	16	the	the	DET
cblr-8481	1139	17	commission	commission	NOUN
cblr-8481	1139	18	to	to	PART
cblr-8481	1139	19	use	use	VERB
cblr-8481	1139	20	rule	rule	NOUN
cblr-8481	1139	21	10b-5	10b-5	NUM
cblr-8481	1139	22	to	to	PART
cblr-8481	1139	23	hold	hold	VERB
cblr-8481	1139	24	those	those	PRON
cblr-8481	1139	25	who	who	PRON
cblr-8481	1139	26	effectively	effectively	ADV
cblr-8481	1139	27	“	"	PUNCT
cblr-8481	1139	28	create	create	VERB
cblr-8481	1139	29	”	"	PUNCT
cblr-8481	1139	30	misstatements	misstatement	NOUN
cblr-8481	1139	31	primarily	primarily	ADV
cblr-8481	1139	32	liable	liable	ADJ
cblr-8481	1139	33	and	and	CCONJ
cblr-8481	1139	34	therefore	therefore	ADV
cblr-8481	1139	35	prevent	prevent	VERB
cblr-8481	1139	36	culpable	culpable	ADJ
cblr-8481	1139	37	actors	actor	NOUN
cblr-8481	1139	38	from	from	ADP
cblr-8481	1139	39	escaping	escape	VERB
cblr-8481	1139	40	liability	liability	NOUN
cblr-8481	1139	41	based	base	VERB
cblr-8481	1139	42	on	on	ADP
cblr-8481	1139	43	legal	legal	ADJ
cblr-8481	1139	44	technicalities	technicality	NOUN
cblr-8481	1139	45	.	.	PUNCT
cblr-8481	1140	1	i	i	PRON
cblr-8481	1140	2	reiterate	reiterate	VERB
cblr-8481	1140	3	that	that	SCONJ
cblr-8481	1140	4	this	this	DET
cblr-8481	1140	5	note	note	NOUN
cblr-8481	1140	6	limits	limit	VERB
cblr-8481	1140	7	itself	itself	PRON
cblr-8481	1140	8	to	to	ADP
cblr-8481	1140	9	a	a	DET
cblr-8481	1140	10	judicial	judicial	ADJ
cblr-8481	1140	11	analysis	analysis	NOUN
cblr-8481	1140	12	of	of	ADP
cblr-8481	1140	13	lorenzo	lorenzo	NOUN
cblr-8481	1140	14	—	—	PUNCT
cblr-8481	1140	15	one	one	NUM
cblr-8481	1140	16	which	which	PRON
cblr-8481	1140	17	would	would	AUX
cblr-8481	1140	18	,	,	PUNCT
cblr-8481	1140	19	admittedly	admittedly	ADV
cblr-8481	1140	20	,	,	PUNCT
cblr-8481	1140	21	increase	increase	VERB
cblr-8481	1140	22	the	the	DET
cblr-8481	1140	23	judiciary	judiciary	NOUN
cblr-8481	1140	24	’s	’s	PART
cblr-8481	1140	25	reach	reach	NOUN
cblr-8481	1140	26	but	but	CCONJ
cblr-8481	1140	27	also	also	ADV
cblr-8481	1140	28	would	would	AUX
cblr-8481	1140	29	ensure	ensure	VERB
cblr-8481	1140	30	investors	investor	NOUN
cblr-8481	1140	31	are	be	AUX
cblr-8481	1140	32	better	well	ADV
cblr-8481	1140	33	protected	protect	VERB
cblr-8481	1140	34	from	from	ADP
cblr-8481	1140	35	fraud	fraud	NOUN
cblr-8481	1140	36	and	and	CCONJ
cblr-8481	1140	37	able	able	ADJ
cblr-8481	1140	38	to	to	PART
cblr-8481	1140	39	hold	hold	VERB
cblr-8481	1140	40	those	those	PRON
cblr-8481	1140	41	who	who	PRON
cblr-8481	1140	42	defraud	defraud	VERB
cblr-8481	1140	43	them	they	PRON
cblr-8481	1140	44	accountable	accountable	ADJ
cblr-8481	1140	45	without	without	ADP
cblr-8481	1140	46	a	a	DET
cblr-8481	1140	47	concomitant	concomitant	ADJ
cblr-8481	1140	48	flood	flood	NOUN
cblr-8481	1140	49	of	of	ADP
cblr-8481	1140	50	vexatious	vexatious	ADJ
cblr-8481	1140	51	litigation	litigation	NOUN
cblr-8481	1140	52	.	.	PUNCT
cblr-8481	1141	1	legislative	legislative	ADJ
cblr-8481	1141	2	and	and	CCONJ
cblr-8481	1141	3	regulatory	regulatory	ADJ
cblr-8481	1141	4	solutions	solution	NOUN
cblr-8481	1141	5	proposed	propose	VERB
cblr-8481	1141	6	to	to	PART
cblr-8481	1141	7	increase	increase	VERB
cblr-8481	1141	8	the	the	DET
cblr-8481	1141	9	effectiveness	effectiveness	NOUN
cblr-8481	1141	10	of	of	ADP
cblr-8481	1141	11	rule	rule	NOUN
cblr-8481	1141	12	10b-5	10b-5	NUM
cblr-8481	1141	13	as	as	SCONJ
cblr-8481	1141	14	a	a	DET
cblr-8481	1141	15	deterrent	deterrent	NOUN
cblr-8481	1141	16	should	should	AUX
cblr-8481	1141	17	still	still	ADV
cblr-8481	1141	18	be	be	AUX
cblr-8481	1141	19	considered	consider	VERB
cblr-8481	1141	20	on	on	ADP
cblr-8481	1141	21	their	their	PRON
cblr-8481	1141	22	merits	merit	NOUN
cblr-8481	1141	23	and	and	CCONJ
cblr-8481	1141	24	could	could	AUX
cblr-8481	1141	25	compliment	compliment	VERB
cblr-8481	1141	26	the	the	DET
cblr-8481	1141	27	judicial	judicial	ADJ
cblr-8481	1141	28	approach	approach	NOUN
cblr-8481	1141	29	proposed	propose	VERB
cblr-8481	1141	30	in	in	ADP
cblr-8481	1141	31	this	this	DET
cblr-8481	1141	32	note	note	NOUN
cblr-8481	1141	33	.	.	PUNCT
cblr-8481	1142	1	judicially	judicially	ADV
cblr-8481	1142	2	,	,	PUNCT
cblr-8481	1142	3	a	a	DET
cblr-8481	1142	4	new	new	ADJ
cblr-8481	1142	5	paradigm	paradigm	NOUN
cblr-8481	1142	6	is	be	AUX
cblr-8481	1142	7	needed	need	VERB
cblr-8481	1142	8	in	in	ADP
cblr-8481	1142	9	securities	security	NOUN
cblr-8481	1142	10	law	law	NOUN
cblr-8481	1142	11	.	.	PUNCT
cblr-8481	1143	1	specifically	specifically	ADV
cblr-8481	1143	2	,	,	PUNCT
cblr-8481	1143	3	courts	court	NOUN
cblr-8481	1143	4	should	should	AUX
cblr-8481	1143	5	not	not	PART
cblr-8481	1143	6	unnecessarily	unnecessarily	ADV
cblr-8481	1143	7	curtail	curtail	VERB
cblr-8481	1143	8	the	the	DET
cblr-8481	1143	9	sec	sec	PROPN
cblr-8481	1143	10	’s	’s	PART
cblr-8481	1143	11	enforcement	enforcement	NOUN
cblr-8481	1143	12	capabilities	capability	NOUN
cblr-8481	1143	13	in	in	ADP
cblr-8481	1143	14	their	their	PRON
cblr-8481	1143	15	attempts	attempt	NOUN
cblr-8481	1143	16	to	to	PART
cblr-8481	1143	17	limit	limit	VERB
cblr-8481	1143	18	the	the	DET
cblr-8481	1143	19	scope	scope	NOUN
cblr-8481	1143	20	of	of	ADP
cblr-8481	1143	21	the	the	DET
cblr-8481	1143	22	private	private	ADJ
cblr-8481	1143	23	right	right	NOUN
cblr-8481	1143	24	of	of	ADP
cblr-8481	1143	25	action	action	NOUN
cblr-8481	1143	26	.	.	PUNCT
cblr-8481	1144	1	courts	court	NOUN
cblr-8481	1144	2	also	also	ADV
cblr-8481	1144	3	should	should	AUX
cblr-8481	1144	4	take	take	VERB
cblr-8481	1144	5	a	a	DET
cblr-8481	1144	6	more	more	ADJ
cblr-8481	1144	7	265	265	NUM
cblr-8481	1144	8	clayton	clayton	PROPN
cblr-8481	1144	9	,	,	PUNCT
cblr-8481	1144	10	supra	supra	PROPN
cblr-8481	1144	11	note	note	PROPN
cblr-8481	1144	12	253	253	NUM
cblr-8481	1144	13	,	,	PUNCT
cblr-8481	1144	14	at	at	ADP
cblr-8481	1144	15	875	875	NUM
cblr-8481	1144	16	(	(	PUNCT
cblr-8481	1144	17	citing	cite	VERB
cblr-8481	1144	18	15	15	NUM
cblr-8481	1144	19	u.s.c	u.s.c	ADJ
cblr-8481	1144	20	.	.	PUNCT
cblr-8481	1145	1	§	§	PROPN
cblr-8481	1145	2	77t(d)(2	77t(d)(2	NUM
cblr-8481	1145	3	)	)	PUNCT
cblr-8481	1145	4	(	(	PUNCT
cblr-8481	1145	5	2012	2012	NUM
cblr-8481	1145	6	)	)	PUNCT
cblr-8481	1145	7	)	)	PUNCT
cblr-8481	1145	8	.	.	PUNCT
cblr-8481	1146	1	as	as	ADP
cblr-8481	1146	2	a	a	DET
cblr-8481	1146	3	result	result	NOUN
cblr-8481	1146	4	,	,	PUNCT
cblr-8481	1146	5	in	in	ADP
cblr-8481	1146	6	both	both	CCONJ
cblr-8481	1146	7	a	a	DET
cblr-8481	1146	8	literal	literal	ADJ
cblr-8481	1146	9	and	and	CCONJ
cblr-8481	1146	10	figurative	figurative	ADJ
cblr-8481	1146	11	sense	sense	NOUN
cblr-8481	1146	12	,	,	PUNCT
cblr-8481	1146	13	“	"	PUNCT
cblr-8481	1146	14	the	the	DET
cblr-8481	1146	15	cost	cost	NOUN
cblr-8481	1146	16	of	of	ADP
cblr-8481	1146	17	violating	violate	VERB
cblr-8481	1146	18	section	section	NOUN
cblr-8481	1146	19	17(a	17(a	NUM
cblr-8481	1146	20	)	)	PUNCT
cblr-8481	1146	21	(	(	PUNCT
cblr-8481	1146	22	2	2	X
cblr-8481	1146	23	)	)	PUNCT
cblr-8481	1146	24	may	may	AUX
cblr-8481	1146	25	decrease	decrease	VERB
cblr-8481	1146	26	.	.	PUNCT
cblr-8481	1146	27	”	"	PUNCT
cblr-8481	1147	1	i	i	PRON
cblr-8481	1147	2	d.	d.	PROPN
cblr-8481	1147	3	note	note	VERB
cblr-8481	1147	4	lieberman	lieberman	PROPN
cblr-8481	1147	5	6/13/2021	6/13/2021	NUM
cblr-8481	1147	6	8:45	8:45	NUM
cblr-8481	1147	7	pm	pm	NOUN
cblr-8481	1147	8	416	416	NUM
cblr-8481	1147	9	columbia	columbia	PROPN
cblr-8481	1147	10	business	business	NOUN
cblr-8481	1147	11	law	law	PROPN
cblr-8481	1147	12	review	review	NOUN
cblr-8481	1147	13	[	[	X
cblr-8481	1147	14	vol	vol	NOUN
cblr-8481	1147	15	.	.	PUNCT
cblr-8481	1147	16	2021	2021	NUM
cblr-8481	1147	17	nuanced	nuanced	ADJ
cblr-8481	1147	18	view	view	NOUN
cblr-8481	1147	19	of	of	ADP
cblr-8481	1147	20	private	private	ADJ
cblr-8481	1147	21	enforcement	enforcement	NOUN
cblr-8481	1147	22	and	and	CCONJ
cblr-8481	1147	23	consider	consider	VERB
cblr-8481	1147	24	how	how	SCONJ
cblr-8481	1147	25	they	they	PRON
cblr-8481	1147	26	can	can	AUX
cblr-8481	1147	27	bolster	bolster	VERB
cblr-8481	1147	28	private	private	ADJ
cblr-8481	1147	29	litigation	litigation	NOUN
cblr-8481	1147	30	as	as	ADP
cblr-8481	1147	31	an	an	DET
cblr-8481	1147	32	effective	effective	ADJ
cblr-8481	1147	33	deterrent	deterrent	NOUN
cblr-8481	1147	34	,	,	PUNCT
cblr-8481	1147	35	rather	rather	ADV
cblr-8481	1147	36	than	than	ADP
cblr-8481	1147	37	arbitrarily	arbitrarily	ADV
cblr-8481	1147	38	cutting	cut	VERB
cblr-8481	1147	39	its	its	PRON
cblr-8481	1147	40	scope	scope	NOUN
cblr-8481	1147	41	.	.	PUNCT
cblr-8481	1148	1	adopting	adopt	VERB
cblr-8481	1148	2	the	the	DET
cblr-8481	1148	3	“	"	PUNCT
cblr-8481	1148	4	modified	modified	ADJ
cblr-8481	1148	5	creator	creator	NOUN
cblr-8481	1148	6	standard	standard	NOUN
cblr-8481	1148	7	”	"	PUNCT
cblr-8481	1148	8	or	or	CCONJ
cblr-8481	1148	9	a	a	DET
cblr-8481	1148	10	similar	similar	ADJ
cblr-8481	1148	11	test	test	NOUN
cblr-8481	1148	12	would	would	AUX
cblr-8481	1148	13	,	,	PUNCT
cblr-8481	1148	14	as	as	ADP
cblr-8481	1148	15	to	to	ADP
cblr-8481	1148	16	the	the	DET
cblr-8481	1148	17	scope	scope	NOUN
cblr-8481	1148	18	and	and	CCONJ
cblr-8481	1148	19	enforcement	enforcement	NOUN
cblr-8481	1148	20	of	of	ADP
cblr-8481	1148	21	rule	rule	NOUN
cblr-8481	1148	22	10b-5	10b-5	NUM
cblr-8481	1148	23	,	,	PUNCT
cblr-8481	1148	24	be	be	AUX
cblr-8481	1148	25	a	a	DET
cblr-8481	1148	26	step	step	NOUN
cblr-8481	1148	27	in	in	ADP
cblr-8481	1148	28	the	the	DET
cblr-8481	1148	29	right	right	ADJ
cblr-8481	1148	30	direction	direction	NOUN
cblr-8481	1148	31	.	.	PUNCT
