United States Ninth Circuit

Because appellants did not meet the contemporaneous trading requirements necessary to have standing in their asserted insider trading claims, and since they failed to properly allege misrepresentation against defendant, the dismissal of their complaint was affirmed.

Appellate Information

• Argued 07/11/2001
• Decided 02/07/2002
• Published 02/07/2002

Judges

• BERZON, Circuit Judge., Before:  HALL, WARDLAW and BERZON, Circuit Judges.

Court

• United States Ninth Circuit

Counsel

• For Appellant:
  
• Jeffrey S. Abraham, New York, NY, for the plaintiffs-appellants.


• For Appellees:
  
• Mark R. McDonald, Morrison & Foerster, Los Angeles, CA, for the defendants-appellees.