Abstract
This Comment represents a practitioner's view that the strength of a securities class claim determines the size of a recovery assuming a viable funding source. The author also presents observations about the changes, both procedural and substantive, emerging from the Private Securities Litigation Reform Act of 1995. The author contends that the race to the courthouse has ceased, the federal interpretations of scienter have not dramatically changed from pre-Act cases, the Reform Act produces great delays and institutional investors are now emerging as plaintiffs.
How to Cite
39 Ariz. L. Rev. 525 (1997)
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