Securities Suit Reform Passed

Brostoff, Steven
November 1998
National Underwriter / Life & Health Financial Services;11/9/98, Vol. 102 Issue 45, p46
Announces United States Congress' approval of Securities Litigation Uniform Standards Act which will make it difficult for lawyers to file securities suit in state courts. Prohibition for any private class-action lawsuit based on state statutory or common law by a private party or omission in connection with a securities transaction; Representative Thomas Bliley's comments on the legislation.


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