SEC Official: Commission Should Affirm Judge's Miami Ruling
- Proposition 211 beaten, but the heat is on now. Harman, Liz // San Diego Business Journal;11/11/96, Vol. 17 Issue 46, p4
Presents information on the defeat of Proposition 211, which is a securities fraud initiative, that promises to protect the retirement investments of the elderly. Reasons for the failure of the proposition; Comments from David Pendar, an attorney at Gibson Dunn & Crutcher.
- Clinton isn't saying if he will veto a bill to restrict class-action securities-fraud lawsuits. Hanson, Cynthia; McLaughlin, Abraham T. // Christian Science Monitor;12/7/95, Vol. 88 Issue 9, p2
Reports about the bill passed by the Senate restricting class-action securities fraud lawsuits as on December 7, 1995. Expected reply of US President Bill Clinton on the issue; Supporters of the bill.
- Fraud failsafe or license to lie. Rubenstein, Bruce // Corporate Legal Times;Nov97, Vol. 7 Issue 72, p1
Deals with Private Securities Litigation Reform Act of 1995 in California. Role of state courts in securities class actions; Securities class actions filed by shareholders in Diamond Multimedia Systems Incorporated; What the California legislature can provide; Appeal for the dismissal of...
- Strike suit law's yield is less than meet the eye. Fine, Howard // Orange County Business Journal;01/13/97, Vol. 20 Issue 2, p1
Focuses on a study in December 1996 in the United States, showing the inadequacy of the December 1995 law, designed to limit frivolous securities fraud lawsuits. Actions of attorneys in 1996 shortly after the law was passed; Lack of decrease in federal securities fraud class actions as...
- Prop. 211 clearly must be defeated at polls. // San Diego Business Journal;11/4/96, Vol. 17 Issue 45, p38
Editorial. Comments on Proposition 211, which promises to protect the elderly in the United States. View that the proposition will only benefit lawyers who make their living filing lawsuits; Billing of the proposition as a securities fraud initiative; Sponsoring of the proposition by William...
- Common sense requires the rejection of Prop. 211. Dooley, Dan // San Diego Business Journal;10/21/96, Vol. 17 Issue 43, p51
Opinion. Calls for the rejection for Proposition 211, which is a legislation which protects small investors and their life savings from securities fraud. Detailed information on the legislation; Effects of the legislation if enacted; Results of a survey conducted by the Law and Economic...
- Republicans promised to override Clinton's veto of a bill. Hanson, Cynthia; Bandrapalli, Suman // Christian Science Monitor;12/21/95, Vol. 88 Issue 19, p2
Reports on President Bill Clinton's veto on the bill restricting class action security fraud lawsuits. Promise of Senate to override the veto; Strong opponents and proponents of the bill.
- The House voted 319 to 100 to override Clinton's veto of a bill limiting securities-fraud law-suits. Hanson, Cynthia; McLaughlin, Abraham T. // Christian Science Monitor;12/22/95, Vol. 88 Issue 20, p2
Informs about the vote given by the House to override Clinton's veto of a bill limiting securities-fraud lawsuits.
- Calif. banks mobilize against fraud suit initiative. Rhoads, Christopher // American Banker;10/1/1996, Vol. 161 Issue 188, p6
Reports that California bankers have mobilized their forces against a ballot initiative that would make it easier for investors to sue companies for fraud. Bankers' opposition to Proposition 211; Effects of proposition on business; Comments on the proposition by industry analysts.