New York Law Journal: Did the SEC Just Kill the Securities Class Action? Lawyers Are Weighing Impact of Mandatory Arbitration Agreements

Securities litigators are waiting to see who'll embrace the SEC policy change relating to mandatory arbitration clauses, and how they’ll fare against the inevitable legal and shareholder implications. “Make no mistake, companies that move forward on this… will attract lawsuits challenging these provisions,” said O’Melveny vice chair and Securities Litigation and Financial Services Practice co-chair Matthew Close.

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