RA 8799 (The Securities Regulation Code) Section 59

Civil Liability for Manipulation of Security Prices.

Section 59

SEC. 59. Civil Liability for Manipulation of Security Prices. — Any person who willfully participates in any act or transaction in violation of Section 24 shall be liable to any person who shall purchase or sell any security at a price which was affected by such act or transaction, and the person so injured may sue to recover the damages sustained as a result of such act or transaction.

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Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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