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Private Securities Litigation Reform Act
URI:
https://gptkb.org/entity/Private_Securities_Litigation_Reform_Act
GPTKB entity
Statements (28)
Predicate
Object
gptkbp:instanceOf
gptkb:United_States_federal_law
gptkbp:abbreviation
gptkb:PSLRA
gptkbp:amendedBy
gptkb:Securities_Act_of_1933
gptkb:Securities_Exchange_Act_of_1934
gptkbp:appliesTo
federal securities class actions
gptkbp:citation
15 U.S.C. § 77z-1, 15 U.S.C. § 78u-4
gptkbp:containsProvision
auditor liability reform
heightened pleading standards
lead plaintiff provision
proportionate liability
safe harbor for forward-looking statements
stay of discovery
gptkbp:country
gptkb:United_States
gptkbp:dateEnacted
1995
gptkbp:enactedBy
gptkb:United_States_Congress
https://www.w3.org/2000/01/rdf-schema#label
Private Securities Litigation Reform Act
gptkbp:publicLawNumber
gptkb:Pub.L._104–67
gptkbp:purpose
reduce frivolous or unwarranted securities lawsuits
reform federal securities class action litigation
protect investors and companies from abusive litigation
gptkbp:relatedTo
gptkb:Sarbanes–Oxley_Act
gptkb:Securities_Litigation_Uniform_Standards_Act
gptkbp:signedBy
gptkb:Bill_Clinton
gptkbp:startDate
December 22, 1995
gptkbp:vetoedBy
gptkb:Bill_Clinton
gptkb:United_States_Congress
gptkbp:bfsParent
gptkb:Christopher_Cox
gptkbp:bfsLayer
5