March 6, 2025
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In the article “30 Years Later: How PSLRA Has Improved Securities Litigation” published by Law360, BLB&G Partner Jonathan Uslaner and Associate Tim Fleming examine the lasting impact of the Private Securities Litigation Reform Act (“PSLRA”) on investors. The authors highlight three key improvements: a structured process for appointing lead plaintiffs, a lead counsel selection system that ensures competent representation, and enhanced settlement notice procedures to keep class members informed. They conclude that the PSLRA has successfully empowered institutional investors to oversee litigation, select qualified counsel, and maximize recoveries for shareholder classes.
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