We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
The U.S. Court of Appeals for the Second Circuit recently ruled in Slayton v. American Express Co. that forward-looking statements by American Express regarding anticipated losses on its high-yield debt investments were protected by the safe harbor from antifraud liability afforded to such statements by the Private Securities Litigation Reform Act of 1995 (PSLRA
