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Private Securities Litigation Reform Act of 1995
URI:
https://gptkb.org/entity/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