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IN RE VICTOR TECHNOLOGIES SECURITIES LITIGATION

No. 85-2113.

792 F.2d 862 (1986)

In re VICTOR TECHNOLOGIES SECURITIES LITIGATION. Joseph HARRIS, M.D., Ira Markham, M.D., P.A., Profit Sharing Trust, on behalf of themselves and all others similarly situated, Plaintiffs-Appellants, v. Charles I. PEDDLE, David C. Monroe, et al., Defendants, and Victor Technology, Inc., L.F. Rothschild, Unterberg, Towbin, Bear, Stearns & Co., et al., Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided June 19, 1986.

Attorney(s) appearing for the Case

Peter A. Wald and M. Laurence Popofsky, Heller, Ehrman, White & McAuliffe, San Francisco, Cal., for L.F. Rothschild, Unterberg, Towbin, Bear, Stearns & Co. and Charterhouse Japhet plc.

David B. Gold and Paul F. Bennett, San Francisco, Cal., Ronald Litowitz, Bernstein, Litowitz, Berger & Grossman, New York City, John E. Grasberger, Milberg, Weiss, Bershad, Specthrie & Lerach, San Diego, Cal., Leonard Barrack, Barrack, Rodos & Bacine, Philadelphia, Pa., Ernest T. Kaufman, Los Angeles, Cal., Eugene A. Spector, Gross & Sklar, P.C., Philadelphia, Pa., Stanley M. Grossman, Pomerantz, Levy, Haudek, Block & Grossman, Arthur N. Abbey, Abbey & Ellis and Daniel W. Krasner, Wolf, Haldenstein, Adler, Freeman & Herz, New York City, for plaintiffs-appellants.

Before SNEED, ANDERSON, and POOLE, Circuit Judges.

SNEED, Circuit Judge:

This is an interlocutory appeal from a district court order determining the procedures the plaintiffs in this class action must follow to give notice of the action to absent members of the class. We find that jurisdiction over the appeal exists and affirm the district court order.

I.

FACTS

The plaintiffs bought certain Victor Technologies (VT) securities during 1983. They...

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