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Cleveland State University

Securities litigation

Articles 1 - 2 of 2

Full-Text Articles in Law

State Securities Litigation May No Longer Be A Class Act: Federal Preemption Looms On The Horizon, Susan J. Becker Jan 1998

State Securities Litigation May No Longer Be A Class Act: Federal Preemption Looms On The Horizon, Susan J. Becker

Law Faculty Articles and Essays

State courhouse doors may soon be closed to class actions by shareholders of nationally traded stocks seeking redress for alleged misstatements and omissions in the issuer's financial forecasts.


Will New Legislation Preempt State Court Class Actions?, Susan J. Becker Jan 1998

Will New Legislation Preempt State Court Class Actions?, Susan J. Becker

Law Faculty Articles and Essays

Proponents of 1995's federal securities litigation reform are proposing new legislation to prevent plaintiffs from using state court class actions to circumvent the restrictive federal rules. This article reviews these legislative proposals.