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LEVINE v. DIAMANTHUSET, INC.

No. 89-15790.

950 F.2d 1478 (1991)

Louis H. LEVINE; Robert E. Asher, Plaintiffs-Appellants, v. DIAMANTHUSET, INC., Defendant, and Security Pacific National Bank; Wilmington Trust Company; Bank of Delaware, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided December 19, 1991.

Attorney(s) appearing for the Case

Elizabeth Joan Cabraser, Daniel C. Girard, and Karen E. Karpen, Lieff, Cabraser & Heimann, San Francisco, Cal., for plaintiffs-appellants.

Robert Cross, and Michael Stokes, Broad, Schulz, Larson & Wineberg, San Francisco, Cal., for defendant-appellee Security Pacific.

Walter Allan, James Kirkham, and Ellyn Freed, Pillsbury, Madison & Sutro, San Francisco, Cal., for defendant-appellee Wilmington Trust Co.

Before TANG and NOONAN, Circuit Judges, and HATTER, District Judge.

TANG, Circuit Judge:

Lewis Levine and others ("Levine") brought a class action for purported violations of section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Securities Exchange Commission Rule 10b-5, 17 C.F.R. § 240.10b-5 (collectively "Rule 10b-5"), as well as other federal and state laws. The complaint named the following defendants: Diamanthuset, a corporation to which we will refer by its more recent name, "Investia"; various...

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