Private Securities Litigation Reform Act of 1995

GPTKB entity

Statements (25)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:amendedBy gptkb:Securities_Act_of_1933
gptkb:Securities_Exchange_Act_of_1934
gptkbp:category gptkb:Securities_regulation_in_the_United_States
1995 in American law
gptkbp:citation 15 U.S.C. § 77z-1, 15 U.S.C. § 78u-4
gptkbp:dateEnacted December 22, 1995
gptkbp:enactedBy gptkb:104th_United_States_Congress
https://www.w3.org/2000/01/rdf-schema#label Private Securities Litigation Reform Act of 1995
gptkbp:mainProvision lead plaintiff provision
safe harbor for forward-looking statements
heightened pleading standards for securities fraud
limits on damages and attorneys' fees
proportionate liability for defendants
stay of discovery during motions to dismiss
gptkbp:publicLawNumber gptkb:Pub.L._104–67
gptkbp:purpose to reduce frivolous or unwarranted securities lawsuits
gptkbp:relatedTo securities class action lawsuits
gptkbp:shortName gptkb:PSLRA
gptkbp:signedBy gptkb:Bill_Clinton
gptkbp:vetoedBy gptkb:Bill_Clinton
gptkb:United_States_Congress
gptkbp:bfsParent gptkb:Pub.L._104–67
gptkb:Securities_Litigation_Uniform_Standards_Act
gptkbp:bfsLayer 7