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NORTEK, INC. v. ALEXANDER GRANT & COMPANY

No. 75-1030.

536 F.2d 624 (1976)

NORTEK, INC., Plaintiff-Appellant, v. ALEXANDER GRANT & COMPANY et al., Defendants-Third Party Plaintiffs-Appellees-Appellants, v. SANI DISTRIBUTORS, INC., et al., Third Party Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

August 5, 1976.

Attorney(s) appearing for the Case

Bernard R. Pollock, John F. Bomster, Providence, R. I., Paul, Landy & Beiley, Lawrence R. Heller, Miami, Fla., George L. Chimento, Providence, R. I., for plaintiff-appellant.

Robert Orseck, Robert L. Parks, Miami, Fla., Howard L. Kastel, Chicago, Ill., for Alexander Grant & Co.

Morton P. Brown, North Miami, Fla., for Sani Dist. Inc., and others.

Before BROWN, Chief Judge, TUTTLE and GEE, Circuit Judges.

ON PETITION FOR REHEARING

(Opinion June 4, 1976, 5 Cir. 1976, 532 F.2d 1013)

PER CURIAM:

Appellant correctly asserts that the Florida blue-sky law's two-year statute of limitation does not bar its cause of action for gross negligence. This is governed by the Florida fraud statute of limitation, and appellant alleges that its complaint falls within this three-year period...

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