Although Luparello's testimony was comprehensive, the overarching theme was that disparate treatment by fractured regulatory authorities fosters failed oversight. His testimony emphasized the need for "a consistent level of protection no matter which financial professionals or products [investors] choose." See his entire testimony here.
Can a company act as lead plaintiff on behalf of its own investors in a
securities class action? The PSLRA is silent on that question and it
appears to be ...
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