United States Eleventh Circuit

In order for a secondary actor like a law firm or accounting firm to be primarily liable under Section 10(b) and Rule 10b-5, the alleged misstatement or omission upon which plaintiff relied must have been publicly attributable to the defendant at the time that plaintiff's investment decision was made.

Appellate Information

• Decided 07/11/2001
• Published 07/11/2001

Judges

• ANDERSON, Chief Judge:, Before ANDERSON, Chief Judge, CARNES, Circuit Judge, and NANGLE , District Judge.

Court

• United States Eleventh Circuit

Counsel

• For Appellant:
  
• Jeanne Markey,Sherrie Raiken Savett, Berger & Montague, P.C., Philadelphia, PA, Daniel S. Sommers, Cohen, Milstein, Hausfeld & Toll, PLLC, Washington, DC, Steven J. Toll, Seattle, WA, for Plaintiffs-Appellants.


• For Appellees:
  
• Benjamin H. Hill, III, Dennis Parker Waggoner, Hill, Ward & Henderson, P.A., Tampa, FL, Richard H. Critchlow, Kenny, Nachwalter, Seymour, Arnold & Critchlow, P.A., Miami, FL, Salvatore R. Faia, Pepper, Hamilton, LLP, Philadelphia, PA, Louis A. Craco, Willkie, Farr & Gallagher, New York City, for Defendants-Appellees.