Marvin L. Frank, a member of Murray, Frank & Sailer, reviews cases where defendants have sought to quash a discovery demand in a state court on the grounds that plaintiffs were attempting to circumvent the Private Securities Litigation Reform Act, which automatically stays discovery in federal securities actions during the pendency of a motion to dismiss.
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Outside Counsel
Staying Derivative Actions Pursuant to PSLRA and SLUSA
New York Law Journal
October 21, 2005
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