MENU

Posts Tagged ‘Security Fraud’

  • Bright Line Protects Secondary Actors from Civil Liability in Securities Fraud Actions

    NYPRR ArchiveComments Off on Bright Line Protects Secondary Actors from Civil Liability in Securities Fraud Actions

    By Lazar Emanuel [Originally published in NYPRR June 2010]   [Author’s note: As I finished this article, the U.S. Senate was voting to approve the provisions of S.3217, the “Restoring American Financial Stability Act.” I had been following closely...

  • Avoiding Rule 11 Sanctions By Withdrawing Complaint

    NYPRR ArchiveComments Off on Avoiding Rule 11 Sanctions By Withdrawing Complaint

    By Lazar Emanuel [Originally published in NYPRR December 2002]   In 1995, Congress enacted the Private Securities Litigation Reform Act, 15 USCS §78u-4, dealing with private securities litigation. The Act was designed to discourage frivolous complaints...