Dr. William WELCH III, Dr. Andrew Guest, and Mrs. Elizabeth Guest, Plaintiffs-Appellants,
v.
CADRE CAPITAL, R. Laken Mitchell, Esq., John Roberts, Edna Lou Ballard, Norman Ballard, Financial Centre Securities, Northwest Mutual, a Savings Institution, Defendants-Appellees, Mutual Fire & Marine Inland Insurance Company, Defendant.
United States Court of Appeals, Second Circuit.https://leagle.com/images/logo.png
Submitted September 16, 1991.
Decided October 7, 1991.
Attorney(s) appearing for the Case
Peter Luria, West Hartford, Conn., submitted a letter brief for plaintiff-appellants.
Alexandra Davis and Antoinette L. Ruzzier, Moller, Horton & Fineberg, Hartford, Conn., submitted a letter brief for defendants-appellees Roberts, Edna Lou Ballard, Norman Ballard, Financial Centre Securities, and Cadre Capital.
Russell J. Ober, Jr., Rose, Schmidt, Hasley & DiSalle, Pittsburgh, Pa., submitted a letter brief for defendant-appellee Northwest Sav. Bank, PaSA.
R. Laken Mitchell, Cookeville, Tenn., submitted a pro se letter brief.
Sanford P. Dumain, Milberg Weiss Bershad Specthrie & Lerach, New York City, and Jonathan W. Cuneo, Gen. Counsel, NASCAT, Washington, D.C., submitted an amicus curiae letter brief for NASCAT.
Before NEWMAN, PIERCE and ALTIMARI, Circuit Judges.
United States Court of Appeals, Second Circuit.
JON O. NEWMAN, Circuit Judge:
On remand from the Supreme Court, we reconsider our prior ruling, Welch v. Cadre Capital,923 F.2d 989 (2d Cir.1991) ("Welch I"), which had rejected retroactive application of the ruling in Ceres Partners v. GEL Associates,918 F.2d 349 (2d Cir.1990), adopting a uniform federal statute of limitations for actions brought under section 10(b) of the...
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