Additional remedies; limitation on remedies
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(a) Remedies additional
Except as provided in subsection (b), the rights and remedies provided by this subchapter shall be in addition to any and all other rights and remedies that may exist at law or in equity.
(b) Class action limitationsNo covered class action based upon the statutory or common law of any State or subdivision thereof may be maintained in any State or Federal court by any private party alleging—
(1)
an untrue statement or omission of a material fact in connection with the purchase or sale of a covered security; or
(2)
that the defendant used or employed any manipulative or deceptive device or contrivance in connection with the purchase or sale of a covered security.