The Private Securities Litigation Reform Act of 1995 re-introduced mandatory Rule 11 sanctions (if a violation is found), just two years after the 1993 amendment to Rule 11 made sanctions discretionary. To enforce this mandate, the statute also dictates that the Court must undertake a Rule 11 review at the end of the case. 15 U.S.C. § 78u-4(c)(1) provides that, " ...
The Private Securities Litigation Reform Act of 1995 re-introduced mandatory Rule 11 sanctions (if a violation is found), just two years after the 1993 amendment to Rule 11 made sanctions discretionary. To enforce this mandate, the statute also dictates that…

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