Number: 98-164
Title: UNIFORM STANDARDS IN PRIVATE SECURITIES LITIGATION: LIMITATIONS ON SHAREHOLDER LAWSUITS
Authors: Michael V. Seitzinger, American Law Division 
Abstract: The 104th Congress enacted the Private Securities Litigation Reform Act, P.L. 104-67, to address the perceived problem of an increase in frivolous shareholder lawsuits. There are currently bills in Congress which would remove most state securities antifraud cases in federal courts.
Pages: 5
Date: Updated December 10, 1998