Revised Laws of Saint Lucia (2021)

95.   Compensation for false or misleading prospectus

Every offeror, issuer, director of an offeror or issuer is liable to pay compensation to any person who acquires any of the securities, in reliance upon the prospectus, to which the prospectus relates and suffers loss in respect of them as a result of any untrue or misleading statement in the prospectus or the omission from it of any matter required to be included by or under section 94.