Since the passage of the Private Securities Litigation Reform Act of 1995, nearly every securities class action case has settled. But this year alone, six securities class actions have gone to trial, out of a total of nine such trials involving alleged misconduct after the law took effect. Two important factors behind this trend: The dollar size of settlements is growing, and lawyers have gotten much more sophisticated about honing their cases before mock juries.
August 09, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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