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EPSTEIN v. WASHINGTON ENERGY CO.

Nos. 94-35873.

83 F.3d 1136 (1996)

Mark G. EPSTEIN; Samuel C. Arsers, on behalf of themselves & all others similarly situated, Plaintiffs-Appellants, v. WASHINGTON ENERGY CO.; James A. Thorpe, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided May 14, 1996.

Attorney(s) appearing for the Case

Steve W. Berman, Hagens & Berman, Seattle, Washington, for plaintiffs-appellants.

Douglas M. Schwab, Heller, Ehrman, White & McAuliffe, San Francisco, California, for defendants-appellees Washington Energy Company and James P. Torgerson.

Evan L. Schwab, Bogle & Gates, Seattle, Washington for defendant-appellee James A. Thorpe.

Before: REINHARDT and TROTT, Circuit Judges, and SCHWARZER, District Judge.

TROTT, Circuit Judge:

OVERVIEW

Plaintiffs Mark Epstein and Samuel Arsers, purchasers of Washington Energy Company's common stock, appeal from the district court's order dismissing their securities fraud class action suit. In their Amended Complaint, Plaintiffs allege that Washington Energy Company and two of its senior officers violated §§ 10(b) & 20 of the Securities Exchange Act of 1934 and various state laws by stating the potential benefits...

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