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- Title
Optimal Lead Plaintiffs.
- Authors
Burch, Elizabeth Chamblee
- Abstract
The article discusses the problems on the inadequate representation of individual investors by institutional lead plaintiffs and their poor group performance in the U.S. It explains the normative claim that appointing lead-plaintiff groups result to poor group performance and representation problems. It suggests that encouragement of competitive lead-plaintiff selection process allows the judge to select, further dissenting norms, and eliminate monopoly on securities class actions.
- Subjects
UNITED States; ACTIONS &; defenses (Law); INDIVIDUAL investors; LEGAL status of stockholders; DISSENTING opinions (Law); CLASS actions; MONOPOLIES
- Publication
Vanderbilt Law Review, 2011, Vol 64, Issue 4, p1109
- ISSN
0042-2533
- Publication type
Article