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KRIM v. BANCTEXAS GROUP, INC.

No. 95-11063.

99 F.3d 775 (1996)

Jerry KRIM, on behalf of himself and all others similarly situated, Plaintiff, and Harvey Greenfield, Movant-Appellant-Cross-Appellee, v. BANCTEXAS GROUP, INC., et al., Defendants, and BancTexas Group, Inc., Defendant-Appellee-Cross-Appellant.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied December 17, 1996.

Attorney(s) appearing for the Case

William Michael Byrd, Jr., Cohan, Simpson, Cowlishaw & Wulff, Dallas, TX, for Harvey Greenfield.

Robert R. Cole, Jr., Joseph Wilson Spence, Gardere & Wynne, Dallas, TX, for BancTexas Group, Inc.

Before HIGGINBOTHAM, DUHÉ and BENAVIDES, Circuit Judges.

DUHÉ, Circuit Judge:

Attorney Harvey Greenfield appeals the district court's order levying $95,848 in sanctions against him for violations of Fed. R.Civ.P. 11. We reverse.

BACKGROUND

Appellant Harvey Greenfield, attorney for Plaintiff Jerry Krim, filed a class action complaint in the Southern District of Texas against BancTexas Group, Inc. and certain of its officers and directors, alleging violations of federal securities laws arising from...

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