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MORSE v. PEAT, MARWICK, MITCHELL & CO.

No. 75 Civ. 3681 (WCC).

445 F.Supp. 619 (1977)

Robert MORSE and Claire S. Morse, Individually and as Trustees, Plaintiffs, v. PEAT, MARWICK, MITCHELL & CO., et al., Defendants.

United States District Court, S. D. New York.

November 21, 1977.

Attorney(s) appearing for the Case

Milberg & Weiss, New York City, for plaintiffs; Jared Specthrie, David J. Bershad, Sharon Levine Mirsky, New York City, of counsel.

Cahill, Gordon & Reindel, New York City, for defendant; Peat, Marwick, Mitchell & Co.; R. Anthony Zeiger, Charles A. Gilman, New York City, of counsel.

MEMORANDUM AND ORDER

CONNER, District Judge:

Defendant Peat, Marwick, Mitchell & Co. has filed "objections" to Magistrate Raby's Report No. 2 in the above-captioned action. Defendant challenges the Magistrate's conclusion that, in an action brought under § 11 of the Securities Act of 1933, 15 U.S.C. § 77k, the effective date of the registration statement marks the earliest point from which the applicable three-year limitations period, set forth...

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