s 58 Civil liability for misleading or deceptive acts
(1) A person shall not act in a manner that is misleading or deceptive or is likely to mislead or deceive in connection with— (a) any prospectus issued; (b) the allotment of, issue of, offer for subscription or purchase of, or invitation to subscribe for or purchase, securities; (c) any notice referred to in subsection 50(4) or 50(5) or a preliminary prospectus referred to in subsection 50(6), or any report referred to in subsection 50(7) or any notice or report as may be specified by the Commission under paragraph 50(3)(d); or (d) the carrying on of negotiations, the making of any arrangements or the doing of any other act preparatory to or in any other way related to any matter referred to in paragraph (a), (b) or (c). (2) A person who contravenes this section does not commit an offence but a person who acquires, subscribes for or purchases securities and suffers loss or damage as a result of any act referred to in paragraph (1)(a), (1)(b), (1)(c) or (1)(d) may recover the amount of the loss or damage under section 153.