Tag: PSLRA

Paying-To-Play in Securities Class Actions: A Look at Lawyers’ Campaign Contributions

Drew T. Johnson-Skinner

Congress enacted the Private Securities Litigation Reform Act of 1995 (PSLRA) to reduce plaintiffs’ lawyers’ influence in securities class actions. The PSLRA’s presumption that the class member with the largest financial interest would be named lead plaintiff was meant to ensure that the class, not a law firm, would be… Read More »

A Response to James McDonald’s “Milberg’s Monopoly” in Duke Law Journal Vol. 58

Len Simon - Former Partner, Milberg LLP

This is a response to James McDonald’s student Note, Milberg’s Monopoly: Restoring Honesty and Competition to the Plaintiffs’ Bar in Volume 58 of the Duke Law Journal.  Click here for the Note.
Although the Duke Law Journal’s article, Milberg’s Monopoly: Restoring Honesty and Competition to the Plaintiffs’ Bar, reflects a lot of effort… Read More »