s 15 50813 1211169600 false 1211169600 3033 428 110 300027

5/19/2008--Introduced.<br/>Securities Litigation Attorney Accountability and Transparency Act - Amends the Securities Exchange Act of 1934 and the Securities Act of 1933 to require plaintiff and plaintiff's attorney to provide sworn, signed certifications that identify any actual or promised payment by the attorney to the plaintiff, beyond the plaintiff's pro rata share of any recovery.<br/>Requires similar plaintiff and plaintiff's attorney certifications regarding: (1) legal representations; (2) contributions; and (3) conflicts of interest.<br/>Requires the court, in exercising discretion over the approval of lead counsel, to employ a competitive bidding process as one of the criteria (unless the court determines that such a process is not feasible). Instructs the Comptroller General to study and report to certain congressional committees on average hourly fees in securities class actions.<br/>

1211169600 2008-05-19 Fri Nov 07 18:37:21 -0600 2008 introduced 50813 'act':7 'litig':2 'secur':1 'account':4 'attorney':3 'transpar':6 60990 false short introduced 50813 'bill':2 'litig':16 'secur':15 'foster':7 'privat':14 'account':10 'protect':4 'attorney':12 'investor':5 'transpar':8 60131 false official introduced 50813 1211169600 Mon May 19 00:00:00 -0500 2008 158008 C001056 1952-02-02 14180 517 Hart Senate Office Building http://cornyn.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm 202-228-2856 John 'r':4 'tx':5 'sen':1 'john':2,6,8 'cornyn':3,7,9 M 300027 Cornyn John_Cornyn Sen. John Cornyn [R, TX] 6588 N00024852 33071 Republican 202-224-2934 Church of Christ TX John Cornyn 4.2093023255814 http://cornyn.senate.gov/public/ senjohncornyn introduced 50813 1211169600 Mon May 19 00:00:00 -0500 2008 158008 action 50813 1211169600 Mon May 19 00:00:00 -0500 2008 160879 Sponsor introductory remarks on measure. (CR S4376-4377) action 50813 1211169600 Mon May 19 00:00:00 -0500 2008 158009 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.