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It is unlawful for a person, in connection with the offer, sale, or purchase of a security, directly or indirectly:
(1) To employ a device, scheme, or artifice to defraud;
(2) To make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statement made, in the light of the circumstances under which it is made, not misleading; or
(3) To engage in an act, practice, or course of business that operates or would operate as a fraud or deceit upon another person.
Cite this article: FindLaw.com - Missouri Revised Statutes Title XXVI. Trade and Commerce § 409.5-501. General fraud - last updated January 01, 2018 | https://codes.findlaw.com/mo/title-xxvi-trade-and-commerce/mo-rev-st-409-5-501/
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