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EXPLANATORY

• ABBREVIATIONS
• INITIALS
• JARGON
• FIRST & NICKNAMES

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Coalition to Eliminate Abusive Securities Suits

(CEASS)

A tort-reform operation of the US financial world aiming to limit the payout for corporate frauds.

SUMMARY ONLY

1991 A tort-reform front established by the Big Six accounting firms along with invetment banks, high-tech companies, corporate directors amd other frequent targets of securities-related litigation.

http://books.google.com.au/books?id=nn0G1wT8cagC&pg=PA186&lpg=PA186&dq=CEASS+tort&source=bl&ots=KdFNM_h6Xy&sig=u8jWCZ6am3JeF9qr-qeHGAG-oEc&hl=en&ei=XiJcSrSECdifkQXryYXvDA&sa=X&oi=book_result&ct=result&resnum=6

1992 Each of the Big Six put in $2 million to promote litigation reform legislation.

Much of this, and other accounting funds, found its way to the campaigh funds of sympathetic Senators.

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CEASS