United States Eleventh Circuit

In action to recover losses suffered following the purchase of WorldCom, Inc. stock, denial of motion to dismiss is affirmed as defendant does not enjoy immunity for alleged misrepresentations in advertisements touting the stock.

Appellate Information

• Decided 09/18/2007
• Published 09/18/2007

Judges

• BARKETT, Circuit Judge:, Before EDMONDSON, Chief Judge, and TJOFLAT, ANDERSON, BIRCH, DUBINA, BLACK, CARNES, BARKETT, HULL, MARCUS, WILSON and PRYOR, Circuit Judges.

Court

• United States Eleventh Circuit

Counsel

• For Appellees:
  
• Douglas R. Cox, Michael James Edney, Gibson, Dunn & Crutcher, LLP, Washington, DC, David Scott Mandel, Mandel & Mandel, LLP, Miami, FL, for Defendants-Appellants., Steven I. Weissman, Hollywood, FL, David Allan Freedman, Burlington, Weil, Schwiep, Kaplan, Miami, FL, for Plaintiff-Appellee.