Business, Management and Accounting
3 years ago

Indian Securities Fraud Class Action: Class Arbitration Revolutionizes Legal System

1 view
Northwestern journal of international law & business
The Indian Securities Fraud Class Action: Is Class Arbitration the Answer?
Brian T. Fitzpatrick, Randall S. Thomas

Paper Summary

The Indian government passed a law in 2013 to help shareholders sue for securities fraud. But the slow court system makes it hard to get justice. One idea is to use class arbitration instead of going to court. This could be a better way to solve securities fraud cases in India.

Related papers

Economics, Econometrics and Finance
4 years ago

Arbitration proposed as solution to curb frivolous securities lawsuits.

Insurance Dynamics
Regulatory Competition
Corrective Justice
1 view
Business, Management and Accounting
4 years ago

Investors at Risk: Courts Narrow Scope of Securities Fraud Protection.

Multilevel Marketing
Insurance Dynamics
1 view
Business, Management and Accounting
4 years ago

Securities fraud litigation overhaul sparks debate on industry accountability.

Multilevel Marketing
1 view