DANNENBERG v. SOFTWARE TOOLWORKS INC.

No. 92-16718.

16 F.3d 1073 (1994)

Richard B. DANNENBERG; Mindy Blitz; Kenneth Homer Fleisher; Steven G. Cooperman; Nathaniel Orme; Ervin H. Fishman, et al., Plaintiffs-Appellants, v. The SOFTWARE TOOLWORKS INC.; Leslie Crane; Elizabeth M. Barker; Deloitte & Touche, et al.; PaineWebber Incorporated; Montgomery Securities, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided February 18, 1994.


Attorney(s) appearing for the Case

Leonard B. Simon and Alan Schulman, Milberg Weiss Bershad Spechthrie & Lerach, San Diego, California; Sherrie R. Savett, Berger & Montague, Philadelphia, Pennsylvania; Ronald Litowitz, Bernstein Litowitz Berger & Gorssmann, New York, New York, for the plaintiffs-appellants.

Leslie G. Landau, McCutchen, Doyle, Brown & Enersen, San Francisco, California, for defendant-appellee Deloitte & Touche.

Boris Feldman, Wilson, Sonsini, Goodrich & Rosati, Palo Alto, California, for defendants-appellees Montgomery Securities and PaineWebber.

William F. Alderman, Orrick, Herrington & Sutcliffe, San Francisco, California, for amicus curiae.

Before: LAY, HALL, and THOMPSON, Circuit Judges.


CYNTHIA HOLCOMB HALL, Circuit Judge:

The class-action plaintiffs in the securities litigation involving Software Toolworks, Inc. appeal the district court's partial summary judgment in favor of defendant auditors Deloitte & Touche ("Auditors") and defendant underwriters Montgomery Securities and PaineWebber, Inc. ("Underwriters"). Because the plaintiffs failed to obtain Rule 54(b) certification to appeal the district...

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