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Securities Litigation Uniform Standards Act of 1998
A federal law that limits the securities class action lawsuits in state courts, aiming to prevent forum shopping and inconsistent rulings.
Class Action Suits
Legal actions in which a group of people collectively bring a claim to court or in which a class action is brought against a defendant.
Sarbanes-Oxley Act of 2002
A U.S. law passed in response to financial scandals to protect investors by improving the accuracy and reliability of corporate disclosures.
Securities and Exchange Commission
A U.S. federal agency responsible for regulating the securities industry, enforcing federal securities laws, and ensuring market integrity.
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