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BOUDREAU v. DELOITTE, HASKINS & SELLS

No. 90-2676.

942 F.2d 497 (1991)

Edward BOUDREAU; Charles Darwin Davidson, Trustee for Dan R. Robinson, II; James H. Penick, III; William Schrimshire; Marietta Smith; Stephen G. Smith, Appellees, v. DELOITTE, HASKINS & SELLS, Appellant.

United States Court of Appeals, Eighth Circuit.

Decided August 16, 1991.

Attorney(s) appearing for the Case

David Wade, Memphis, Tenn., argued (C. Lee Cagle, Memphis, Tenn., and Overton S. Anderson, Little Rock, Ark., on brief), for appellant.

Norman Rifkind, Chicago, Ill., argued (Charles Darwin Davidson and Clark W. Mason, Little Rock, Ark., Herbert Beigel and Norman Rifkind, Chicago, Ill., on brief), for appellees.

Before LAY, Chief Judge, and PECK and ROSS, Senior Circuit Judges.

PER CURIAM.

This case is before us on interlocutory appeal pursuant to 28 U.S.C. § 1292(b) (1988). The issue relates to the proper statute of limitations period applicable to private actions brought under section 10(b) of the Securities Exchange Act of 1934 and Rule 10(b)5. Since this appeal was filed, the Supreme Court has adopted the one year/three year statute of limitations created by Congress for the express causes...

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