United States Fourth Circuit

Summary judgment was properly entered against plaintiff, who lacked standing to sue for the alleged sales of unregistered securities per 15 U.S.C. 771. The statute of limitations was properly deemed to have run on all claims brought by appellants.

Appellate Information

• Decided 12/18/2003
• Published 12/18/2003

Judges

• Before LUTTIG and SHEDD, Circuit Judges, and James H. MICHAEL, JR., Senior United States District Judge for the Western District of Virginia, sitting by designation.

Court

• United States Fourth Circuit

Counsel

• For Appellees:
  
• ARGUED: John Francis Bloss, Sr., CLARK, BLOSS & WALL, P.L.L.C., Greensboro, North Carolina, for Appellants.  Gary Michael Bowman, Roanoke, Virginia, for Appellees.   ON BRIEF: David M. Clark, CLARK, BLOSS & WALL, P.L.L.C., Greensboro, North Carolina, for Appellants.