IN RE GLENFED, INC.

No. 92-55419.

60 F.3d 591 (1995)

In re GLENFED, INC. SECURITIES LITIGATION. John Paul DECKER; Arnold Cohen; Gary Haskins; Larry Schwartz; Gary F. Young; Elbridge Ruhl Graef, Trustee u/w of Charlotte R. Graef on behalf of themselves and all others similarly situated, Plaintiffs-Appellants, v. GLENFED, INC.; Norman M. Coulson; Raymond D. Edwards; Dann V. Angeloff; Dean R. Bailey; Charles T. Blair; Douglas A. Clarke; Morris K. Daley; Richard O. Kearns; Walter A. Ketcham; Jean C. Roeschlaub; Jack D. Steele; Gilbert R. Vasquez; E. Gex Williams, Jr.; Keith P. Russell, Jr., Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Memorandum September 15, 1993.

Order and Opinion November 15, 1993.

As Amended Opinion December 22, 1993.

Order Granting Rehearing February 25, 1994.

Decision December 9, 1994.

Argued and Submitted April 21, 1994.

Decided July 13, 1995.


Attorney(s) appearing for the Case

Martha A. Evans & John N. Zarian, Greenfield & Chimicles, Los Angeles, CA, Kenneth A. Jacobsen, Christopher T. Reyna & Ira N. Richards, Greenfield & Chimicles, Haverford, PA, Michael S. Glassman & Kathleen L. Clemens, Clemens, Glassman & Clemens, Los Angeles, CA, Warren Rubin, Deborah R. Gross & Ann D. White, Gross & Metzger, P.C., Philadelphia, PA, Lawrence A. Sucharow & Ira Schochet, Goodkind, Labaton & Rudoff, New York City, Alfred G. Yates, Jr., Alfred G. Yates, Jr. & Associates, Pittsburgh, PA, Sherrie R. Savett, Berger & Montague, P.C., Howard Sedran, Levin, Fishbein, Sedran & Berman, Harris J. Sklar, Law Offices of Harris J. Sklar, Philadelphia, PA, for plaintiffs-appellants.

Martin C. Washton, Rory M. Hernandez & Kevin S. Rosen, Gibson, Dunn & Crutcher, Los Angeles, CA, for defendants-appellees.

Before BROWNING, FARRIS and KELLY, Circuit Judges.


Order Granting Rehearing En Banc February 25, 1994.

En Banc Decision December 9, 1994.

PAUL KELLY, Jr., Circuit Judge.

The en banc court vacated the panel opinion, In re GlenFed, Inc., Sec. Litig., 11 F.3d 843 (9th Cir.1993), and remanded the appeal to the panel for reconsideration of the panel's holdings concerning secondary liability and Plaintiffs' 1933 Act and state-law claims. In re GlenFed, Inc. Sec...

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