Don’t Impose a Higher Burden on Investors
May 22nd, 2007 by
Madelaine Eppenstein
When the SEC (Securities and Exchange Commission) filed an amicus brief with the U.S. Supreme Court in early 2007, arguing for a more stringent legal standard to plead and prove the element of intent in federal statutory investment fraud cases filed in court (under the Private Securities Litigation Reform Act of 1995 (PSLRA)), it took investors and their advocates by surprise. While the industry’s goal may be to protect big business from lawsuits, it shouldn’t be the overriding consideration when legitimate investment fraud claims are at stake, whether asserted in court or arbitration. Read the rest of this entry »
Posted in Securities Arbitration & Litigation


