March 10, 2025
In this episode from the Securities Regulation and Enforcement Series, Dan Sommers joins A. Valerie Mirko of Armstrong Teasdale and William Nelson of the Investor Adviser Association to discuss the Private Securities Litigation Reform Act of 1995 (PSLRA)as the statute approaches its 30th anniversary this year.
The PSLRA marked a sea change for securities class actions, impacting how such cases are brought, who brings them, and how they are decided. Drawing on his more than three-decade career, Dan discusses the evolving landscape of securities class actions, the most significant provisions of the PSLRA, which parts have and have not worked, and recent developments and trends.