The statutory safe harbor for forward looking statements after two and a half years: has it changed the law? Has it achieved what Congress intended?
Article Abstract:
The Private Securities Litigation Reform Act of 1995 was passed to promote better securities disclosure via safe harbors and forward-looking statements. However, from an examination of the act's results, it would apppear the act has failed to achieve this aim. Congress, in 1998, proposed the Securities Litigation Uniform Standards Act to address some of the 1995 act's shortcomings.
Publication Name: Annual Institute on Securities Regulation
Subject: Law
ISSN: 0195-5756
Year: 1998
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Living with a public minority in a major subsidiary
Article Abstract:
When major public companies' subsidiaries develop a sufficient number of minority stockholders which can constitute a public company in their own right, the parent company is required under federal and state laws to accommodate the minority interest. Federal and state law considerations are presented.
Publication Name: Annual Institute on Securities Regulation
Subject: Law
ISSN: 0195-5756
Year: 1997
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Amendments to beneficial ownership reporting requirements (Exchange Act release no. 34-39538) (January 16, 1998) (Final rules)
Article Abstract:
The SEC's Division of Corporate Finance report regarding regulations for beneficial ownership reporting is presented.
Publication Name: Annual Institute on Securities Regulation
Subject: Law
ISSN: 0195-5756
Year: 1998
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- Abstracts: The Reform Act's 'safe harbor' provision has resulted in dismissals of cases when forward-looking statements were identified as such and risks were disclosed
- Abstracts: "The Path of the Law" after one hundred years. Law as the continuation of God by other means
- Abstracts: The constitutional committment to legislative adjudication in the early American tradition. Adjudication and its discontents: coherence and conciliation in federal Indian law
- Abstracts: Employer-provided LTD coverage for mental and physical disabilities not covered by public accommodations provisions of ADA
- Abstracts: Compelling state compliance with Chapter 11 tax exemptions in the post-Seminole era. Proving fraud in credit card dischargeability actions: a permanent state of flux?