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IN RE STAC ELECTRONICS SECURITIES LITIGATION

No. 94-56232.

82 F.3d 1480 (1996)

In re STAC ELECTRONICS SECURITIES LITIGATION. Timothy J. ANDERSON; Neil Singer; Arthur Singer, on Behalf of Themselves and All Others Similarly Situated, Plaintiffs-Appellants, v. Gary W. CLOW; Douglas Whiting; Robert Johnson; Alex Brown & Sons Incorporated; Lawrence Finch, et al., Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided May 7, 1996.

Attorney(s) appearing for the Case

William S. Lerach and Leonard B. Simon, Milberg, Weiss, Bershad, Hynes & Lerach, San Diego, California, for plaintiffs-appellants.

Steven M. Schatz, Wilson, Sonsini, Goodrich & Rosati, Palo Alto, California, and Charlene S. Shimada, McCutchen, Doyle, Brown & Enersen, San Francisco, California, for defendants-appellees.

Before: WALLACE, FERGUSON, and T. G. NELSON, Circuit Judges.

T.G. NELSON, Circuit Judge:

OVERVIEW

Timothy J. Anderson and other class representatives (collectively "Anderson") who purchased stock in Stac Electronics ("Stac") between May 7 and July 20, 1992, appeal the district court's dismissal of their class action under Sections 11 and 15 of the Securities Act of 1933, 15 U.S.C. §§ 77k, 77o, and Sections 10(b) and 20 of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j(b) and 78t. Anderson...

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