SHAREHOLDERS DISPUTE ‘EXPRESS AUTHORIZATION’ TO ENJOIN STATE COURT PROCEEDINGS
In re BankAmerica Corp. Sec. Litig.
The shareholder plaintiffs suing BankAmerica Corp. for securities fraud are disputing whether the Private Securities Litigation Reform Act “expressly authorizes” an injunction against parallel state court proceedings. Lead plaintiffs for the federal...
SHAREHOLDERS DISPUTE ‘EXPRESS AUTHORIZATION’ TO ENJOIN STATE COURT PROCEEDINGS
In re BankAmerica Corp. Sec. Litig.