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The Applicability Of Local Securities Acts To Multi-State Securities Transactions, Jack E. Mcclard
The Applicability Of Local Securities Acts To Multi-State Securities Transactions, Jack E. Mcclard
University of Richmond Law Review
A plaintiff in securities fraud litigation usually has a whole arsenal of legal theories to pursue. If the securities transaction touched several states, in addition to federal remedies, the plaintiff may have remedies available under two or more state securities acts. In multi-state transactions, lawyers naturally assume that the court must select among state remedies by applying conflict of laws principles. That natural inclination is generally unnecessary.