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LUKSCH v. LATHAM

No. C-84-5584 EFL.

675 F.Supp. 1198 (1987)

Derrick LUKSCH, Karen Luksch, Karl Luksch, and Ingeborg Luksch, Plaintiffs, v. James A. LATHAM, Latham Resources Corporation, Capital Analysts, Inc., and Touche Ross & Co., Defendants.

United States District Court, N.D. California.

December 22, 1987.

Attorney(s) appearing for the Case

Thomas J. LoSavio, Low, Ball & Lynch, San Francisco, Cal., for plaintiffs.

John M. Anderson, Landels, Ripley & Diamond, Paul Renne, Cooley, Godward, Castro, Huddleson & Tatum, San Francisco, Cal., for defendants.

ORDER DENYING SUMMARY JUDGMENT

LYNCH, District Judge.

This securities fraud case presents the question whether, as a matter of law, knowledge of the information contained in offering memoranda must be imputed to investors upon their receipt of such memoranda, for the purpose of determining when the investors were on constructive notice so as to start the running of the statute of limitations. As described below...

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