TCF BANKING AND SAV., F.A. v. ARTHUR YOUNG & CO.

Civ. No. 4-87-809.

697 F.Supp. 362 (1988)

TCF BANKING AND SAVINGS, F.A., Plaintiff, v. ARTHUR YOUNG & COMPANY, Defendant.

United States District Court, D. Minnesota, Fourth Division.

October 13, 1988.


Attorney(s) appearing for the Case

Frank A. Dvorak, Stephen P. Kelley and Thomas C. Power, Mackall, Crounse & Moore, Minneapolis, Minn. (Gregory J. Pulles, TCF Banking & Sav., F.A., Corporate Banking, Minneapolis, Minn., of counsel), for plaintiff.

James S. Simonson, Gray, Plant, Mooty, Mooty & Bennett, Minneapolis, Minn., and John Matson, Arthur Young, New York City, for defendant.


MEMORANDUM AND ORDER

MacLAUGHLIN, District Judge.

In an order dated April 13, 1988, the Court rejected the argument of defendant Arthur Young & Co. that existing precedent concerning the statute of limitations for actions under section 10(b) of the 1934 Exchange Act and Rule 10b-5 should be disregarded in light of Agency Holding Corp. v. Malley-Duff & Associates, Inc., 483 U.S. 143...

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