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Corporate & Securities Law
: The 10b-5 DailyContrary To Common Sense
By Lyle Roberts
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One of the concerns raised by Congress, as part of the PSLRA, was that the application of traditional joint and several liability in securities cases may be unfair, given the enormous potential damages. To combat this problem, the PSLRA replaced...Full post as published by The 10b-5 Daily on May 20, 2008 (boomark / email).
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