MLchartDataset catalogue

Private Securities Litigation Reform Act of 1995

Term · Insurance and risk management · MLC-T-INS-002676

A federal law enacted to curb abusive securities fraud lawsuits, particularly class actions against public companies. It introduced stricter pleading standards for plaintiffs, limited discovery during the early stages of litigation, and established a safe harbor for forward-looking statements. The Act aims to protect companies from frivolous lawsuits while preserving the rights of investors to recover losses from genuine fraud.

Table 1. Record
IdentifierMLC-T-INS-002676
FieldInsurance and risk management
SubjectManagement Liability
Record as JSON 
{
  "id": "MLC-T-INS-002676",
  "term": "Private Securities Litigation Reform Act of 1995",
  "field": "Insurance and risk management",
  "definition": "A federal law enacted to curb abusive securities fraud lawsuits, particularly class actions against public companies. It introduced stricter pleading standards for plaintiffs, limited discovery during the early stages of litigation, and established a safe harbor for forward-looking statements. The Act aims to protect companies from frivolous lawsuits while preserving the rights of investors to recover losses from genuine fraud.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/private-securities-litigation-reform-act-of-1995/"
}

Record 2,722 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.