Enter Yossarian: How to Resolve the Procedural Catch-22 That the Private Securities Litigation Reform Act Creates

Authors

Elliott J. Weiss, University of Arizona College of Law
Janet E. Moser, University of Arizona College of Law

Publication Title

Washington University Law Quarterly

Abstract

Section II of this Article sets forth our understanding of what the Reform Act requires a plaintiff to set forth in a complaint to state a valid claim that a corporation has made false or misleading public statements in violation of section 10(b) and Rule 10(b)(5). Section III describes our case study of GTF. Section IV analyzes the options a court would face in a case similar to the "quasi-hypothetical" we studied and suggests the option we believe a court should choose.

Recommended Citation

Elliott J. Weiss and Janet E. Moser, Enter Yossarian: How to Resolve the Procedural Catch-22 That the Private Securities Litigation Reform Act Creates, 76 Wash. U. L. Q. 457 (1998).
Available at: https://openscholarship.wustl.edu/law_lawreview/vol76/iss2/2