Adrian FREEMAN, et al., Plaintiffs-Appellees,
v.
LAVENTHOL & HORWATH, et al., Defendants-Appellants.
United States Court of Appeals, Sixth Circuit.https://leagle.com/images/logo.png
Argued July 31, 1990.
Decided September 17, 1990.
Attorney(s) appearing for the Case
Harvey L. Pitt, (argued) Washington, D.C. (Marc P. Cherno, Irwin Blum, Don Catinello, and Fried, Frank, Harris, Shriver & Jacobson, Washington, D.C.; David S. Cupps, Sandra J. Anderson, Daniel J. Buckley, and Vorys, Sater, Seymour & Pease, Columbus, Ohio; Barry S. Augenbraun, James S. Gkonos, and Laventhol & Horwath, Philadelphia, Pa., on the brief), for appellants Laventhol & Horwath.
Harvey L. Pitt, (argued) Washington, D.C. (Jerre B. Swann, Thomas H. Christopher, and Kilpatrick & Cody, Atlanta, Ga., on the brief), for appellants Aaron Rose, et al.
J. Michael Rediker, (argued) Orlando, Fla. (Richard H. Adams, Jr., Richard D. Connor, Jr., Christopher T. Vernon, and Smathers, Pleus & Adams, Orlando, Fla., on the brief), for appellees.
Gregory G. Little, and Hunton & Williams, Knoxville, Tenn., Robert Dean Pope, James W. Featherstone, III, and Hunton & Williams, Richmond, Va., filed a brief, for amicus curiae National Ass'n of Bond Lawyers.
Louis A. Craco, Deborah E. Cooper, and Willkie Farr & Gallagher, New York City, William T. Garcia, and Willkie Farr & Gallagher, Washington, D.C., filed a brief, for amicus curiae American Institute of Certified Public Accountants.
Before: MILBURN, GUY and TIMBERS, Circuit Judges.
United States Court of Appeals, Sixth Circuit.
TIMBERS, Circuit Judge:
This is an interlocutory appeal from an order entered April 13, 1989, in the Eastern District of Kentucky, William O. Bertelsman, District Judge, denying appellants' motion for partial summary judgment, or, in the alternative, to dismiss appellees' claims of fraud on the new issue market.
This class action arises from the sale of tax-exempt municipal bonds to finance the construction of a retirement center. The complaint alleges violations...
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