May 15, 2003

Hearing on Class Action Fairness Act

The House Judiciary Committee is scheduled to hold a hearing today on the Class Action Fairness Act of 2003, which would apply some of the reform concepts in the PSLRA and the Securities Litigation Uniform Standards Act to all class actions. Click here for the full text of the House bill.

Addition: On May 21, the House Judiciary Committee approved the bill by a vote of 20-14.

Posted by Lyle Roberts at May 15, 2003 2:48 PM | TrackBack
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