GFOA urges Senate panel not to move on securities litigation bill
- Clinton signs bill on securities litigation. Ferris, Craig T. // Bond Buyer;11/05/98, Vol. 326 Issue 30515, p2
Reports on President Bill Clinton's signing of a legislation setting uniform federal standards for securities fraud class action suits involving nationally-traded securities. Approval of the measure by Congress; Arguments raised by opponents of the law.
- THE U.S. SECURITIES FRAUD CLASS ACTION: AN UNLIKELY EXPORT TO THE EUROPEAN UNION. Warren III, Manning Gilbert // Brooklyn Journal of International Law;2012, Vol. 37 Issue 3, p1075
The article presents information on the procedure of class action regarding the securities fraud in the U.S. with respect to the export of the class action model of the country to other countries especially the European Union. The public enforcement for the government funding and the...
- PROOF OF CLASSWIDE INJURY. Campos, Sergio J. // Brooklyn Journal of International Law;2012, Vol. 37 Issue 3, p751
The article presents information on the procedure of class action for the litigations under the jurisdictions of the U.S. The certification of the class action for the damage remedies is required by the federal courts of the U.S. Information on the requirement of the proof of classwide injury by...
- THE TWO FACES OF MATERIALITY. BOOTH, RICHARD A. // Delaware Journal of Corporate Law;2013, Vol. 38 Issue 2, p517
To make out a claim for securities fraud under federal law, a plaintiff must plead and prove the misrepresentation of a material fact. The Supreme Court has repeatedly defined a material fact as one that would be important to a reasonable investor in deciding how to act in that it would change...
- DOES THE SECURITIES EXEMPTION TO THE CLASS ACTION FAIRNESS ACT CREATE TOO MUCH UNCERTAINTY? Elzweig, Brian // Southern Law Journal;Fall2012, Vol. 22 Issue 2, p191
The article focuses on the concerns related to the U.S. Class Action Fairness Act (CAFA) of 2005 which intents to force class-action litigation that has a national implication into federal courts by changing the jurisdictional requirements. It presents information on the U.S. Supreme Court case...
- AIG Agrees To Pay $725 Million To Settle Securities Class-Action Suit. Ruquet, Mark E. // National Underwriter / P&C;7/26/2010, Vol. 114 Issue 26, p10
The article reports that the American International Group Inc. (AIG) agrees to pay 725 million U.S. dollars to Ohio and Florida public pension plan fund in a securities class-action settlement in the U.S. It states that payment resolves the bid-rigging allegations that the funds had a negative...
- THE SITFING DUCKS OF SECURITIES CLASS ACTION LITIGATION: BlO-PI-AND THE NEED FOR IMPROVED EVALUATION OF SCIENTIFIC DATA. Cohn, Stuart R.; Swick, Erin M. // Delaware Journal of Corporate Law;2010, Vol. 35 Issue 3, p911
The article discusses issues on securities fraud litigation in pharmaceutical and biotechnology products in the U.S. It addresses the inconvenient application of securities law to pharmaceutical and biotechnology companies due to the lack of congruence between Food and Drug Administration (FDA)...
- Furnace makers target plastic vent pipe failures. Mader, Robert P. // Contractor Magazine;Jun97, Vol. 44 Issue 6, p1
Reports on a lawsuit filed in Massachusetts against several manufacturers of plastic vent pipes by a number of furnace makers. Furnace manufacturers' claims against the manufacturers of these pipes; Charges of the lawsuit.
- Courts Challenged On Approval Of Class Action Suit Certifications Despite Geographic Diversities. // Insurance Advocate;3/31/2003, Vol. 114 Issue 13, p20
Reports on the efforts of Washington Legal Foundation to induce the Oklahoma Supreme Court to limit the certification of class action lawsuits despite geographic diversities. Application of the Michigan Law; Avoidance of the trial judge in unmanageability problem.