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GILBERT v. PRUDENTIAL-BACHE SECURITIES, INC.

No. 84-1283.

769 F.2d 940 (1985)

GILBERT, Dorothy on behalf of herself and all others similarly situated, Appellant, v. PRUDENTIAL-BACHE SECURITIES, INC., Bache, Halsey Stuart Shields Inc., and Estate of Maurice Savoy Muroff, Carol, Executrix of the Estate of Maurice Savoy.

United States Court of Appeals, Third Circuit.

Decided August 7, 1985.

Attorney(s) appearing for the Case

Donald B. Lewis (argued), Richard D. Greenfield, David B. Zlotnick, Greenfield, Chimicles & Lewis, Haverford, Pa., for appellant.

Leonard Barrack (argued), Gerald J. Rodos, Anthony J. Bolognese, Barrack, Rodos & Bacine, Philadelphia, Pa., for appellees, Prudential-Bache Securities, Inc. and Bache Halsey Stuart Shields, Inc.

Before HUNTER and WEIS, Circuit Judges, and COHEN, District Judge.

OPINION OF THE COURT

JAMES HUNTER, III, Circuit Judge:

The appellant Dorothy Gilbert commenced this action in the United States District Court for the Eastern District of Pennsylvania on behalf of herself and all others similarly situated. She and the class claim that they purchased or sold the securities of Transcolt Resources, Inc. or New Frontier Exploration, Inc., two Canadian oil and gas companies, through defendant Prudential-Bache Securities, Inc...

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