The Litigation Reform Act of 1995 Was Passed Because Of

question 16

Multiple Choice

The Litigation Reform Act of 1995 was passed because of:

• A) congressional concern over an excess of frivolous private securities lawsuits.
• B) the financial burdens placed on accountants and other professional advisors due to an excess of frivolous private securities lawsuits.
• C) concern that the investors in a class action lawsuit have their interests fairly represented.
• D) all of the above.