Arbitration and Reform in Private Securities Litigation: Dealing with the Meritorious as Well as the Frivolous

88 Pages Posted: 4 Aug 2010

See all articles by Steven A. Ramirez

Steven A. Ramirez

Loyola University of Chicago School of Law

Date Written: April 1, 1999

Abstract

The PSLRA protects securities fraud feasors by insulating them from traditional fraud liability without basis in policy or economics. Indeed, radical deregulation like this is economically risky, and a threat to the long term stability of American financial markets. Other alternatives, such as arbitration, could operate to preserve deterrence while diminishing the costs of securities litigation.

JEL Classification: D63, E44, G18

Suggested Citation

Ramirez, Steven A., Arbitration and Reform in Private Securities Litigation: Dealing with the Meritorious as Well as the Frivolous (April 1, 1999). William & Mary Law Review, Vol. 40, No. 4, p. 1055, April 1999. Available at SSRN: https://ssrn.com/abstract=1653067

Steven A. Ramirez (Contact Author)

Loyola University of Chicago School of Law ( email )

25 E. Pearson
Chicago, IL 60611
United States

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