Anthony LASALLE, Alan Totah, Mark Law, and Marlene E. Calvert, on behalf of themselves and all others similarly situated, Plaintiffs-Appellants,
v.
MEDCO RESEARCH, INCORPORATED, Archie W. Prestayko, Donald B. Siegel, et al., Defendants-Appellees.
United States Court of Appeals, Seventh Circuit.https://leagle.com/images/logo.png
Argued April 13, 1995.
Decided May 15, 1995.
Attorney(s) appearing for the Case
Aram A. Hartunian, Hartunian & Associates, Chicago, IL (argued), Michael J. Molder, Rudolph, Seidner, Goldstein, Rochester, Salmon & Dorian, Philadelphia, PA, for Anthony Lasalle and Alan Totah.
Clinton A. Krislov, Jonathan Nachsin, Krislov & Associates, Chicago, IL, Joseph S. Rosenthal, Joseph B. Pritti, Joan A. Zooper, Bondy & Schloss, New York City, for Medco Research, Inc., Archie W. Prestayko, Donald B. Siegel and Sanford J. Hillsberg.
Peter R. Sonderby, Chicago, IL, for Kemper Securities Group, Inc. and John R. Boettiger.
Donna L. McDevitt (argued), Timothy A. Nelson, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for Vector Securities Intern., Inc.
Before POSNER, Chief Judge, and ESCHBACH and MANION, Circuit Judges.
United States Court of Appeals, Seventh Circuit.
POSNER, Chief Judge.
Tregenza v. Great American Communications Co.,12 F.3d 717, 721-22 (7th Cir.1993), holds that the one-year "borrowed" statute of limitations applicable to fraud suits brought under the SEC's Rule 10b-5 begins to run when the plaintiff first learned of facts that would have caused a reasonable person to suspect the possibility of a misrepresentation or misleading omission. (All other reported appellate cases...
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