Tag: PSLRA

The Securities Litigation Uniform Standards Act of 1998 or SLUSA was passed to prevent a class action plaintiff from circumventing the stringent pleading requirements of the Private Securities Litigation Reform Act by filing in state court. The Third, Sixth and …

SLUSA BARS BREACH OF DUTY CLAIM TANGLED WITH MISREPRESENTATION Read More »

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The Sixth Circuit Court of Appeals affirmed the dismissal of a securities class action tied to the market crisis and brought against three mutual funds issued by Morgan Keegan Select Fund, Inc., an open-ended investment company. Atkinson v. Morgan Asset …

CLASS ACTION DISMISSED BASED ON SLUSA Read More »

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