The Securities Litigation Uniform Standards Act of 1998: The Sun Sets on California's Blue Sky Laws

Posted: 21 Feb 1999  

David M. Levine

Securities and Exchange Commission (SEC)

Adam C. Pritchard

University of Michigan Law School

Abstract

This Article discusses the developments that led to the Securities Litigation Uniform Standards Act of 1998 and provides a summary and analysis of the Uniform Act. It also discusses recent developments in securities fraud class actions governed by the Private Securities Litigation Reform Act of 1995 and how the new national standard created by the Uniform Act is likely to affect federal securities class actions.

JEL Classification: K22

Suggested Citation

Levine, David M. and Pritchard, Adam C., The Securities Litigation Uniform Standards Act of 1998: The Sun Sets on California's Blue Sky Laws. The Business Lawyer, Vol. 54, No. 1, 1998. Available at SSRN: https://ssrn.com/abstract=150194

David M. Levine

Securities and Exchange Commission (SEC) ( email )

450 Fifth Street, NW
Mail Stop 8-1
Washington, DC 20549-1105
United States
202-942-4535 (Phone)
202-942-9637 (Fax)

Adam C. Pritchard (Contact Author)

University of Michigan Law School ( email )

625 South State Street
Ann Arbor, MI 48109-1215
United States
734-647-4048 (Phone)
734-647-7349 (Fax)

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