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Litigation

Oct. 19, 1999

Pleading Rules for 10b-5 Claims Are Still Evolving

^^Securities Law^^ By Elizabeth Mann In 1995 Congress enacted the Private Securities Litigation Reform Act, 15 U.S.C. Section 78u-4(b)(2), which was supposed to deter meritless securities litigation by raising the pleading standards for private securities-fraud plaintiffs. Since its enactment, this statute has generated a great deal of litigation regarding its requirements.

        ^^Securities Law^^
        
        By Elizabeth Mann
        
        In 1995 Congress enacted the Private Securities Litigation Reform Act, 15 U.S.C. Section 78u-4(b)(2), which was supposed to deter meritless securities litigation by raising the ple...

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