United States Fifth Circuit

District court did not abuse its discretion in dismissing with prejudice a third-amended private securities fraud complaint, as plaintiffs were aware of the risk of an adverse ruling and chose not to seek leave to file a fourth amended complaint; denial of an FRCP 59(e) motion to vacate or modify judgment is affirmed.

Appellate Information

• Decided 08/29/2003
• Published 08/29/2003

Judges

• CARL E. STEWART, Circuit Judge:, Before JOLLY, HIGGINBOTHAM and STEWART, Circuit Judges.

Court

• United States Fifth Circuit

Counsel

• For Appellant:
  
• Pamela Mante Parker (argued), William S. Lerach, G. Paul Howes, Randall J. Baron, Milberg, Weiss, Bershad, Hynes & Lerach, San Diego, CA, Marc R. Stanley, Roger L. Mandel, Stanley, Mandel & Iola, Dallas, TX, for Plaintiff-Appellant., Dennis N. Ryan (argued), Robert Benton Weathersby, Andrews & Kurth, Dallas, TX, for Physicians Resource Group, Inc., Gregg C. Laswell (argued), James Stephen Barrick, Akin, Gump, Strauss, Hauer & Feld, Houston, TX, Edward Saul Koppman, Akin, Gump, Strauss, Hauer & Feld, Dallas, TX, for Moore, Owen and D'Amico., Charles W. Schwartz,Skadden, Arps, Slate, Meagher & Flom, James Stephen Barrick, Akin, Gump, Strauss, Hauer & Feld, Houston, TX, for Bingham., Timothy W. Mountz (argued), Aimee Williams Moore, Baker Botts, Dallas, TX, for Arthur Anderson & Co.