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Bookmark or Share- Public Law 104 - 67 - Private Securities Litigation Reform Act of 1995Public Law 104 - 67 - Private Securities Litigation Reform Act of 1995. Summary.
- 15 U.S. Code § 78u–4 - Private securities litigationAny covered person against whom a final judgment is entered in a private action shall be liable for damages jointly and severally only if the trier of fact specifically determines that such covered person knowingly committed a violation of the securities laws.
- Securities Litigation under the Private Securities Litigation Reform ...This practice note provides an overview of the key provisions of the Private Securities Litigation Reform Act of 1995 (PSLRA) 104 P.L. 67, and examines practical considerations at various stages of a typical securities class action under the PSLRA.
- TITLE I—REDUCTION OF ABUSIVE LITIGATION - Congress.govAn Act To reform Federal securities litigation, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE; TABLE OF CONTENTS. (a) SHORT TITLE.—This Act may be cited as the ‘‘Private Securi-ties Litigation Reform Act of 1995’’.
- Private Securities Litigation Reform Act of 1995 (PSLRA)Private Securities Litigation Reform Act of 1995 (PSLRA) A federal law enacted in response to the perceived profusion of frivolous class actions alleging securities fraud under the Securities Act of 1933 and the Securities Exchange Act of 1934. Key PSLRA provisions governing securities class actions include:
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