3.0.0 5491 2023-01-13T04:48:25Z 2023-01-13T04:48:25Z House H HR 2006-05-25 109 hsju00 Judiciary Committee House Standing Referred to 2006-05-25T14:03:50Z hsba00 Financial Services Committee House Standing Referred to 2006-05-25T14:03:45Z 2006-05-25 Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2006-05-25 Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2006-05-25 Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2006-05-25 Introduced in House IntroReferral Intro-H 9 Library of Congress 2006-05-25 Introduced in House IntroReferral 1000 9 Library of Congress B000072 Rep. Baker, Richard H. [R-LA-6] RICHARD BAKER R LA H. 6 N M001156 Rep. McHenry, Patrick T. [R-NC-10] Patrick McHenry R NC 10 2006-05-25 True H001036 Rep. Hensarling, Jeb [R-TX-5] Jeb Hensarling R TX 5 2006-05-25 True J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2006-06-16 False G000210 Rep. Gillmor, Paul E. [R-OH-5] PAUL GILLMOR R OH E. 5 2006-06-16 False F000447 Rep. Feeney, Tom [R-FL-24] Tom Feeney R FL 24 2006-06-16 False P000588 Rep. Pearce, Stevan [R-NM-2] Stevan Pearce R NM 2 2006-06-16 False K000358 Rep. Kennedy, Mark R. [R-MN-6] MARK KENNEDY R MN R. 6 2006-07-19 False Finance and Financial Sector Civil actions and liability Class actions (Civil procedure) Competitive bidding Conflict of interests Evidence (Law) Frivolous lawsuits Government Operations and Politics Information disclosure (Securities law) Law Lawyers Legal ethics Legal fees Securities regulation Stockholders Finance and Financial Sector 00 2006-05-25 Introduced in House 2006-06-28T21:47:45Z Securities Litigation Attorney Accountability and Transparency Act - Amends the Securities Exchange Act of 1934 and the Securities Act of 1933 to require, in any private action in which the court enters a final judgment, that the court award the defendant reasonable fees and expenses, and impose such fees and expenses on the plaintiff's attorney, if the plaintiff's position was not substantially justified.

Requires each plaintiff and plaintiff's attorney in a private action to provide sworn certifications, filed with the complaint, that identify any conflict of interest, including any direct or indirect payment, between the attorney and the plaintiff.

Authorizes the court, in exercising its discretion over the approval of lead counsel, to employ alternative means in the selection and retention of counsel for the most adequate plaintiff, including a competitive bidding process.

]]> Securities Litigation Attorney Accountability and Transparency Act Display Title Securities Litigation Attorney Accountability and Transparency Act Official Title as Introduced To protect investors by fostering transparency and accountability of attorneys in private securities litigation. Introduced in House IH Short Titles as Introduced Securities Litigation Attorney Accountability and Transparency Act Introduced in House 2006-05-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109hr5491ih/xml/BILLS-109hr5491ih.xml 2006-05-25 Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.