The U.S. Court of Appeals for the Third Circuit determined sanctions were necessary when a party violated Rule 11, concluding that the Private Securities Litigation Reform Act of 1995 "requires that ...
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New Appellate Ruling—Rule 11 Sanctions May Be Sought and Awarded After a Judgment Has Been Entered
Tthe appellate court reversed a ruling by the U.S. District Court in the Northern District of Alabama, which held that once a summary judgment had been granted in favor of the defendant, the defendant ...
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