Ignoring The Mandatory: Rule 11 Inquiries Under PSLRA

Law360, New York (April 27, 2012, 12:31 PM EDT) -- Since its enactment in 1995, the Private Securities Litigation Reform Act (PSLRA) has received extensive attention. Both courts and securities litigation practitioners are well versed in the PSLRA's frequently litigated provisions such as the heightened pleading standards and in its mandatory stay of discovery....

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