Abstract
Professor Weiss argues that, while it is far too early to draw many conclusions concerning the impact of the lead plaintiff provisions of the Private Securities Litigation Reform Act, several promising developments should be noted. The notice provision has made it far easier for institutional and other investors to learn of the pendency of class actions in which they have an interest. Institutional investors have begun to act as lead plaintiffs. The results they achieve and the costs they incur should influence strongly the willingness of other institutional investors to volunteer to serve as lead plaintiffs.
How to Cite
39 Ariz. L. Rev. 561 (1997)
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