What is the primary reason that Congress passed the Securities Litigation Uniform Standards Act of 1998?

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The primary reason that Congress passed the Securities Litigation Uniform Standards Act of 1998 was to address concerns that plaintiff attorneys could get around the Private Securities Litigation Reform Act of 1995 by filing class action lawsuits involving nationally traded securities in state courts. The act aimed to establish uniform standards for securities fraud lawsuits and to limit the ability of plaintiffs to pursue such cases in state courts, which were seen as more favorable to their interests.

What Is the Primary Reason That Congress Passed the Securities