The Private Securities Litigation Reform Act of 1995

question 57

Multiple Choice

The Private Securities Litigation Reform Act of 1995 .

• A) enables private investors to sue public corporations for securities violations
• B) enables the Securities and Exchange Commission to sue private corporations for securities violations
• C) provides a safe harbor from liability for companies that make statements to the public about future risk factors
• D) provides payment of punitive damages and attorney fees to successful plaintiffs in cases of securities litigation

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Definitions:

Coccolithophorids

A group of planktonic algae that produce calcium carbonate plates known as coccoliths, contributing significantly to marine sediments.

Brown Algae

A large group of mostly marine multicellular algae, including many seaweeds, that are typically brown due to the presence of fucoxanthin pigment.

Representative Clade

A taxonomic group representing a branch on the tree of life, including an ancestor and all its descendants.

Supergroup

A high-level taxonomic rank in the classification of organisms that is above the level of kingdom, used to organize the diversity of life.