OCKERMAN v. MAY ZIMA & CO.

Nos. 92-5265, 92-5266.

27 F.3d 1151 (1994)

Frank M. OCKERMAN, individually and on behalf of all others similarly situated, Plaintiff-Appellant (92-5265), Plaintiff-Appellee, v. MAY ZIMA & COMPANY, et al., Defendants-Appellees, Defendants-Appellants (92-5266).

United States Court of Appeals, Sixth Circuit.

Decided June 28, 1994.


Attorney(s) appearing for the Case

John W. Wagster, Hollins, Wagster & Yarbrough, Nashville, TN, Richard H. Adams, Jr. (briefed), Richard D. Connor, Jr. (argued and briefed), Pleus, Adams & Spears, Orlando, FL, for plaintiff-appellant.

Thomas P. Kanaday, Jr., Michael L. Dagley (argued), Farris, Warfield & Kanaday, Nashville, TN, Thomas J. Guilday, M. Kay Simpson (argued and briefed), Huey, Guilday, Kuersteiner & Tucker, Tallahassee, FL, for defendants-appellees.

Kenneth Jones, Sherrard & Roe, Nashville, TN, for Thomas W. Hunter, Maggie Ferguson, Barbara June Hunter, James Knight, Retirement Villages, Inc.

Bryson Hill, Jr., pro se.

Jere R. Lee, Nashville, TN, Richard Montague, Jr., Heidelberg & Woodliff, Jackson, MS, for Buchanan & Co., Inc., Robert Buchanan.

Peggy Newton, St. Petersburg, FL, for J. Milton Newton, Inc.

Robert S. Patterson, Kim A. McMillan, Boult, Cummings, Conners & Berry, Nashville, TN, George E. Mueller, Jr., P.A., George E. Mueller, Jr.

E. Lynn Wagner, C & E Management Co., pro se.

Jere R. Lee, Nashville, TN, Gene D. Berry (briefed), Heidelberg & Woodliff, Jackson, MS, for Richard A. Montague, Jr.

Before: KENNEDY and NORRIS, Circuit Judges; and LIVELY, Senior Circuit Judge.


KENNEDY, Circuit Judge.

We permitted this interlocutory appeal on two issues decided by the District Court on a claim brought under section 10(b) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78j, and Rule 10b-5, 17 C.F.R. § 240.10b-5. The first issue, appealed by plaintiff Frank Ockerman, is whether the District Court applied the appropriate statute of limitations when it ruled that plaintiff's 10b-5 claim is barred by the statute of repose found...

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