a. Any person who violates Article 49 of this Law or any of the regulations or the rules issued by the Authority pursuant to the said Article by engaging in an act or transaction for the purpose of intentionally manipulating the price of a Security, or participating in such act or transaction, or is responsible for a person who undertakes such act or transaction shall be liable for damages to any person who purchases or sells the Security whose price has been significantly adversely affected by such manipulation for the amount such person’s purchase or sale price was so affected.
b. The damages recoverable under this Article from any defendant, and the rights of indemnity and contribution among the persons responsible shall be measured in a manner that is consistent with the provisions of paragraph (e) of Article 55 of this Law.
c. In addition to the penalties and financial compensation provided for under this Law, the Committee may, based on a claim filed by the Authority, punish the persons who violate Articles 49 and 50 with imprisonment terms not exceeding five years.
