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BRISKIN v. ERNST & ERNST

No. 75-2851.

589 F.2d 1363 (1978)

Judith Wilder BRISKIN, Manuel F. Rothberg, Marshall Irwin Siskin, et al., Appellants, v. ERNST & ERNST, a Co-Partnership, Newton Glekel, Mark Williams, et al., Appellees.

United States Court of Appeals, Ninth Circuit.

December 15, 1978.

Attorney(s) appearing for the Case

Peter Abrahams, Los Angeles, Cal., for appellants.

Joel B. Gardner, Michael B. Targoff, Bartlett H. McGuire, New York City, for appellees.

Before MERRILL, GOODWIN and TANG, Circuit Judges.

GOODWIN, Circuit Judge:

A group of former shareholders of a closely held furniture company (Sloane)1 sued officers and agents of Beck Industries, Inc., and Beck's accounting firm, for damages arising out of losses sustained by Sloane shareholders following the acquisition of Sloane by Beck. The cases were dismissed as time-barred, and the shareholders appeal.

Two actions were commenced on June 13, 1973, by nine Sloane shareholders...

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