IN RE DENNIS GREENMAN SECURITIES LITIGATION

No. 85-5690.

829 F.2d 1539 (1987)

In re DENNIS GREENMAN SECURITIES LITIGATION. Leon NAMOFF, Sara Johnson, et al., Plaintiffs-Appellees, Dr. Hyman Baer, Bill Behrle Associates, et al., Plaintiffs-Appellants, v. MERRILL LYNCH, PIERCE, FENNER AND SMITH, etc., et al., Defendants-Appellees.

United States Court of Appeals, Eleventh Circuit.

October 19, 1987.


Attorney(s) appearing for the Case

Michael R. Klein, Washington, D.C., for plaintiffs-appellants.

Martin Paul Unger, Carlton R. Asher, Jr., New York City, for Paine Webber, Jackson & Curtis, Inc.

Jeffrey M. Weissman, Miami, Fla., for Sanford, Freida & Neil Hotchner, Hotchco, Inc.

Paul W. Stivers, Phillip S. McKinney, Atlanta, Ga., for Merrill Lynch, Pierce & Fenner.

Lawrence R. Metsch, Miami, Fla., for Dennis and Jayne Greeman.

Robert A. Meister, New York City, for Arthur May and Penny May.

Jeffrey M. Smith, Karen B. Bragman, Atlanta, Ga., for Jonathan Reisman, Baron L. Bartlett and W. Crosby Few.

R. Earl Welbaum, Miami, Fla., for U.S. Fire Ins. Co.

Francis X. Sexton, Jr., Miami, Fla., for Bruce Paine, O. Roy Vass, Robert Punch.

Jerome Murray, New York City, for Vigilante Ins. Co. & Firemen's Fund.

Hugo L. Black, Thomas Tew, Alan G. Greer, James E. Glass, Mark Hicks, Elizabeth K. Clarke, Lynn M. Summers, Miami, Fla., for plaintiffs committee.

Henry Minnerop, Brown and Wood, New York City, for Becker Paribas, Inc.

Aaron Podhurst, Miami, Fla., for A.G. Becker, Inc., n/k/a Becker Paribas, Inc.

Steven A. Werber, Jacksonville, Fla., for H. Preston Demery.

Before HILL and JOHNSON, Circuit Judges, and HENLEY, Senior Circuit Judge.


HENLEY, Senior Circuit Judge:

This is an appeal from a final district court judgment certifying a class action and approving a settlement in a complex securities fraud case. The plaintiffs are victims of a fraud perpetrated by Dennis Greenman, a securities seller. The defendants are brokerage firms that employed Greenman while he was conducting the fraud as well as others who might be liable for Greenman's actions. Appellants, some alleged victims of Greenman, contend...

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