Private Securities Litigation Reform Act
Legislation
Ideal Financial Solutions Reports Over 1,000% Revenue Growth Over Same Period of Previous Year...the negative of these terms. Forward-looking statements, which are included in accordance with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, may involve risks, uncertainties and other factors that may... In this article: Revenue, Las Vegas, Safe harbor, Cash flow, and Private Securities Litigation Reform Act of 1995 |
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Prime Newswire | 1 day ago
Caribbean Casino and Gaming Corp. Negotiating Worldwide Boxing Event
...Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations,...
In this article: Caribbean, Safe harbor, Private Securities Litigation Reform Act of 1995, Securities Exchange Act of 1934, Securities Act of 1933, Roberto Duran, and United States
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InteleCom, Inc. Changes Its Name to My Social Income, Inc. With New Stock Ticker Symbol
...statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the...
In this article: Safe harbor, Stock Ticker, Revenue, Small business, Private Securities Litigation Reform Act of 1995, and Securities Exchange Act of 1934
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iMergent Announces Change of Fiscal Year
...Solutions, Inc. are trademarks of iMergent, Inc. Safe Harbor Statement This press release contains forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for such forward-looking...
In this article: Fiscal year, Safe harbor, Search engine optimization, Trademark, and Private Securities Litigation Reform Act of 1995
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Centre Daily Times | 4 days ago
CVD Equipment Corporation offers a compelling solution for TCO coated glass
...nanowires, LEDs, MEMS, industrial coatings and equipment for surface mounting of components onto printed circuit boards. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain...
In this article: Private Securities Litigation Reform Act of 1995, Nasdaq, Safe harbor, Carbon, and SEC
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RGC Resources, Inc. Declares Quarterly Dividend Increase
...business prospects, technological developments, new products, research and development activities and similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In order...
In this article: Safe harbor, Virginia, and Private Securities Litigation Reform Act of 1995
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CoroWare Reports Third Quarter 2009 Earnings
...development. For more information on CoroWare's products and services, please visit www. CoroWare.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the...
In this article: CoroWare, Revenue, Private Securities Litigation Reform Act of 1995, Safe harbor, Derivative, and Securities and Exchange Commission
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Generex Scientist Makes Presentation at National Influenza Congress
...time by Generex representatives in respect of the same subject matter may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by introductory words...
In this article: Peptide, Safe harbor, Cancer, and Breast cancer
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Evergreen Energy Engages Raymond James to Remarket Buckeye Industrial Mining Co.
...within the meaning of Section 27A of the Securities Act of 1933, as amended by the Private Securities Litigation Reform Act of 1995 (the "PSLRA"), and Section 21E of the Securities Exchange Act of 1934, as amended by the PSLRA, and all such...
In this article: Pslra, Safe harbor, Business operations, Securities Exchange Act of 1934, Securities Act of 1933, and Securities and Exchange Commission
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EcoBlu Adds Insulation to Its Product Line
...ready to deliver the winning edge to builders and the environment with its sustainable green product line. Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: The statements in this release relating to...
In this article: Private Securities Litigation Reform Act of 1995, Safe harbor, and YouTube
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JBI, Inc. Announces Interactive Conference Call Details
...Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act. The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under...
In this article: Revenue, Securities Exchange Act of 1934, Securities Act of 1933, NASA, and United States
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Description from Wikipedia:
The United States Private Securities Litigation Reform Act of 1995, Pub. L. 104-67, 109 Stat. 737 (codified as amended in scattered sections of 15 U.S.C.) ("PSLRA") implemented several substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation, and awards fees and expenses.
It was designed to reduce the number of “frivolous” securities lawsuits filed in federal courts. In essence, it says that investors cannot proceed with a case unless they already have facts in-hand that strongly suggest a deliberate fraud. Prior to the PSLRA, a case could proceed with minimal evidence and use pre-trial discovery to search for more. Now, plaintiffs need such evidence just to begin, which may be difficult to obtain.
The PSLRA imposes new rules on securities class action lawsuits. It allows judges to decide the most adequate plaintiff in class actions. It mandates full disclosure to investors of proposed settlements, including the amount of attorneys' fees. It bars bonus payments to favored plaintiffs, and permits judges to scrutinize lawyer conflicts of interest.
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