Bainbridge On The Impact Of Class Action Reform

Professor Stephen Bainbridge (UCLA Law) has a post today on the relationship – or lack thereof – between insider trading enforcement and class action reform.

Quote of note: “[N]obody seriously proposes entirely eliminating either tort or class action litigation, just reforming them. My point here, however, is that even if tort and class action litigation were eliminated, much enforcement activity would remain unaffected.”

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