Wanton Disregard

Wanton disregard is a legal term that refers to a reckless or willful disregard for the rights or safety of others. It is often used in negligence cases, where the plaintiff must show that the defendant acted with wanton disregard in order to recover damages.

There are a few key elements to proving wanton disregard. First, the plaintiff must show that the defendant knew or should have known that their actions were likely to cause harm. Second, the plaintiff must show that the defendant acted with a conscious disregard for the risk of harm. Third, the plaintiff must show that the defendant's actions were unreasonable.

Wanton disregard is a high standard to prove, and it is not often successful. However, it can be used in cases where the defendant's actions were particularly egregious or reckless.

In a financial context, wanton disregard can be seen in cases of fraud, where a person knowingly makes false or misleading statements in order to deceive another person into entering into a transaction. It can also be seen in cases of insider trading, where a person trades on confidential information in order to make a profit.

Wanton disregard is a serious offense, and it can result in significant penalties, including fines, imprisonment, and disgorgement of profits.