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IN RE PAINEWEBBER INC. LTD. PARTNERSHIPS LITIGATION

Docket 96-7340.

94 F.3d 49 (1996)

In re PAINEWEBBER INCORPORATED LIMITED PARTNERSHIPS LITIGATION.

United States Court of Appeals, Second Circuit.

Decided August 26, 1996.

Attorney(s) appearing for the Case

Fred Taylor Isquith, Wolf Haldenstein Adler Freeman & Herz, New York City (Jody B. Amsel, of counsel; Nicholas E. Chimicles, Chimicles, Jacobson & Tikellis, Haverford, Pennsylvania, of counsel), for Movants-Appellees Plaintiff Class.

Peter L. Simmons, Fried, Frank, Harris, Shriver & Jacobson, New York City, for Movants-Appellees PaineWebber Group, Inc., PaineWebber Incorporated, and affiliated parties.

Edward T. Joyce, Chicago, Illinois (Arthur W. Aufmann, Alexander T. Moore, of counsel; Lewis S. Sandler, Kaufman, Malchman, Kirby & Squire, New York City, of counsel; Lawrence W. Schad, Stephen B. Diamond, Andrew W. Haber, James M. DeMarco, Beeler, Schad & Diamond, Chicago, Illinois, of counsel), for Respondents-Appellants Robert M. and Vera A. Jacobson.

Before: KEARSE, WINTER, and CALABRESI, Circuit Judges.

WINTER, Circuit Judge:

PaineWebber Group, Inc., PaineWebber Incorporated (collectively "PaineWebber") and the plaintiff class move to dismiss Robert and Vera Jacobson's appeal from Judge Stein's denial of their motion to intervene as named plaintiffs. The Jacobsons, members of a certified class, seek to intervene as named plaintiffs claiming that certain members of the class are inadequately represented. As class members, however, the Jacobsons can protect their rights...

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