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A provision of the newly passed Sarbanes-Oxley Act of 2002 provides a longer statute of limitations for certain claims under the federal securities laws. While the plaintiffs' bar has lobbied for more than 10 years for this provision, it is inconsistent with express statutes of limitation already contained in the federal securities laws and is likely to create significant interpretational difficulties for courts.
August 15, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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