Closing the loophole in the Private Securities Litigation Reform Act of 1995
Article Abstract:
The Private Securities Litigation Reform Act of 1995, enacted to decrease the number of frivolous securities fraud class actions, affects only those brought in federal courts and the state courts should adopt the law's adequate plaintiff requirement for both securities fraud class actions and derivative suits. This measure would close the law's loophole and decrease forum-shopping and filing securities fraud suits in state courts instead.
Publisher: New York University Law Review
Publication Name: New York University Law Review
Subject: Law
ISSN: 0028-7881
Year: 1998
Class actions (Civil procedure), Cases, Class action lawsuits, Prevention, Securities fraud, Frivolous suits (Civil procedure)
Publication Name: New York University Law Review
Subject: Law
ISSN: 0028-7881
Year: 1998
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Restricted stock-liquidity through equity derivative products: no action letters and cases
Article Abstract:
No action letters and case material regarding restricted stocks is presented.
Publisher: Africa-America-Institute
Publication Name: Annual Institute on Securities Regulation
Subject: Law
ISSN: 0195-5756
Year: 1996
Research, Derivatives (Financial instruments), Securities law
Publication Name: Annual Institute on Securities Regulation
Subject: Law
ISSN: 0195-5756
Year: 1996
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Subjects list: United States, Laws, regulations and rules
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