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.

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

Leave a comment

Filed under All The News That's Fit To Blog

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s