Reflections on the PSLRA at 30

This year marks three decades since Congress enacted the Private Securities Litigation Reform Act of 1995 to eradicate "perceived abuses of the class action vehicle in litigation involving nationally traded securities." Partners Jay Kasner, Scott Musoff and Susan Saltzstein and counsel William O'Brien discuss how these protections — among others memorialized in the PSLRA — have reshaped how securities class actions are litigated today.