In connection with the offer to sell, sale, offer to purchase or purchase of a security, a person shall not, directly or indirectly:

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Terms Used In Nevada Revised Statutes 90.570

  • Fraud: Intentional deception resulting in injury to another.
  • person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039

1.  Employ any device, scheme or artifice to defraud;

2.  Make an untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made not misleading in the light of the circumstances under which they are made; or

3.  Engage in an act, practice or course of business which operates or would operate as a fraud or deceit upon a person.