United States Third Circuit

District court properly applied an "inquiry notice" standard, rather than "actual notice", to determine when the limitations period began to run in a securities fraud action.

Appellate Information

• Decided 10/03/2002
• Published 10/03/2002

Judges

• Before:  McKEE, FUENTES and ALDISERT, Circuit Judges.

Court

• United States Third Circuit

Counsel

• For Appellant:
  
• John F. Innelli, Michael J. Molder, Innelli and Molder, Philadelphia, PA, Mark Levine, Stull, Stull & Brody, Peter S. Linden, Kirby, McInerney & Squire, LLP, New York, NY, for Appellants, Jack Brady, Roger W. Svec, Jacob A. Salzmann, David Fisher, Chris Pietrafitta, Frank J. Siefert, Franz Schleicher, Barry Weisberg and Bruce Bardone.


• For Appellees:
  
• Timothy C. Russell, Spector, Gadson & Rosen, P.C., Philadelphia, PA, David W.R. Wawro, Edward J. Henderson, Torys LLP, New York, NY, Mark C. Hansen, Kellogg, Huber, Hansen, Todd, & Evans, P.L.L.C., Washington, D.C., for Appellees, NAHC, Inc., John Foster, Timothy Foster, James W. McLane and Robert E. Healy, Jr., John W. Frazier, IV, John E. Caruso, Jill Baisinger, Montgomery, McCracken, Walker & Rhoads, LLP, Philadelphia, PA, for Appellee, PriceWaterhouseCoopers., Martin Flumenbaum, Maria T. Vullo, Robyn M. Sorid, Paul, Weiss, Rifkind, Wharton & Garrison, New York, NY, Howard M. Klein, Conrad, O'Brien, Gellman & Rohn, P.C., Philadelphia, PA, for Appellee, Wasserstein Perella & Co., Inc.