The Litigation Reform Act of 1995 was passed because of:

Question

Quizplus · Accepted Answer

The Litigation Reform Act of 1995 was passed to address congressional concerns over an excess of frivolous private securities lawsuits, financial burdens placed on accountants and other professional advisors due to an excess of frivolous private securities lawsuits, and to ensure that the investors in a class action lawsuit have their interests fairly represented. Therefore, all of the above choices are correct.

The Litigation Reform Act of 1995 Was Passed Because Of