About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

14 U. Haw. L. Rev. 581 (1992)
Recent Judicial and Statutory Changes Impacting the Maintenance of Securities Actions Filed under Section 10(b) and Rule 10b-5

handle is hein.journals/uhawlr14 and id is 587 raw text is: Recent Judicial and Statutory Changes
Impacting the Maintenance of Securities
Actions Filed Under Section 10(b) and
Rule 10b-5
by Dana B. Taschner*
Robin L. Filion**
I. INTRODUCTION
Litigators, lend me your ears. Important changes have occurred in
recent years to the basic terrain of securities litigation. In brief, both
the United States Supreme Court and Congress have addressed the
issue of statutes of limitation applicable to securities actions, imposing
a uniform one-year statute of limitations. This dull topic has obscured
the importance of the recent changes concerning the maintenance of
securities actions, and litigators not familiar with recent judicial and
statutory developments proceed in peril of mistakes or missed oppor-
tunities.
II. EVOLUTION OF STATUTE OF LIMITATIONS APPLICABLE To
SECURITIES ACTIONS
The federal Circuits have long produced inconsistent decisions on
the appropriate statute of limitations to apply to actions filed under
* Dana B. Taschner, Chair of the Federal Bar Association's Trial and Appellate
Practice Committee, practices before the federal courts of Hawaii and California. J.D.,
University of Hawaii, Wm. S. Richardson School of Law.
** Robin L. Filion practices with the international law firm of Baker & McKenzie;
J.D., University of California, Hastings College of the Law.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most