That's why Sullivan said that under the new law, t
Post# of 72440
Here's one of the things Sullivan quoted, from that Congressional hearing:
Quote:
The Conference Committee was also troubled by the plaintiffs’ lawyers ‘‘race to the courthouse’’ to be the first to file a securities class action complaint. This race has caused plaintiffs’ attorneys to become fleet of foot and sleight of hand. Most often speed has re- placed diligence in drafting complaints.