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SLUSA |
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Frustrated by the plaintiffs' lawyers' end-run around the PSLRA, Congress enacted the Securities Litigation Uniform Standards Act of 1998 (" When these changes started to drive investors to seek redress under state laws, Congress again reduced remedies available by passing the Securities Litigation Uniform Standards Act of 1998 (SLUSA). With the Institute, the coalition communicated the profession's positions on tort reform to federal legislators writing and voting on the Private Securities Litigation Reform Act of 1995 and the Securities Litigation Uniform Standards Act of 1998. |
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