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Despite the 1995 Private Securities Litigation Reform Act, 3Com Corp.-- like other companies dealing with dips in the stock market -- has faced a flood of securities fraud class actions. But 3Com's lawyers are exulting in Friday's dismissal of an investor class action, saying companies are "tired of getting sued" and that it's time to play hardball instead of settling and taking the path of least resistance.
January 30, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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