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Securities

Apr. 6, 2004

'Royal' Carves New Path in Discovery-Stay Terrain

Focus Column - Securities Law - By Jay C. Gandhi - On March 12, 2004, U.S. District Judge Catherine C. Blake issued her decision in In re Royal Ahold N.V. Sec. & ERISA Litig., 2004 WL 502558 (D. Md. 2004), and, with it, she may have forever changed the landscape of the mandatory and automatic discovery stay of the Private Securities Litigation Reform Act.

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