United States Second Circuit

Plaintiffs suing for stock fraud were on inquiry notice, based on evident "storm warnings" and related publicly available documents, that started the running of limitations period early enough to render their suit time-barred.

Appellate Information

• Decided 01/28/2003
• Published 01/28/2003

Judges

• JON O. NEWMAN, Circuit Judge., Before:  MESKILL, NEWMAN and POOLER, Circuit Judges.

Court

• United States Second Circuit

Counsel

• For Appellant:
  
• Paul D. Young, New York, N.Y. (Milberg Weiss Bershad Hynes & Lerach, LLP, New York, N.Y.;  Susan Liebhard, Bernstein, Liebhard & Lifshitz, LLP, New York, N.Y.;  Gene Cauley, Cauley & Geller, LLP, Little Rock, Ark., on the brief), for Plaintiff-Appellant.


• For Appellees:
  
• Bruce M. Cormier, Washington, D.C. (Michael J. Crane, Ernst & Young, LLP, New York, N.Y.;  Lawrence S. Robbins, Kathryn Schaefer Zecca, Robbins, Russell, Englert, Orseck & Untereiner LLP, Washington, D.C., on the brief), for Defendant-Appellee Ernst & Young, LLP., Bruce G. Vanyo, Palo Alto, CA (Laurie B. Smilan, Michele Rose, Lyle Roberts, Wilson Sonsini Goodrich & Rosati, McLean, VA, on the brief), for Defendant-Appellee Frontier Insurance Group, Inc.