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GRAY v. FIRST WINTHROP CORP.

No. 94-16674.

82 F.3d 877 (1996)

Julius GRAY; LeRoy William Rodewald, Plaintiffs-Appellants, v. FIRST WINTHROP CORP.; Winthrop Financial Co., Inc.; Winthrop Securities Co., Inc.; 353 San Francisco Associates et al., Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided May 2, 1996.

As Amended on Denial of Rehearing and Suggestion for Rehearing June 21, 1996.

Attorney(s) appearing for the Case

James M. Finberg, Lieff, Cabraser & Heimann, San Francisco, California, for plaintiffs-appellants.

Barbara L. Moore and Robert S. Molloy, Cooley, Manion, Moore & Jones, P.C., Boston, Massachusetts, David C. Phillips, Goldstein & Phillips, San Francisco, California, for defendants-appellees.

Before: LAY, GOODWIN and PREGERSON, Circuit Judges.

As Amended on Denial of Rehearing and Suggestion for Rehearing En Banc June 21, 1996.

LAY, Circuit Judge:

This appeal arises out of an alleged securities fraud under section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 of the Securities Exchange Commission, 17 C.F.R. § 240.10b-5. The district court granted summary judgment on the statute of limitations and under the "bespeaks caution" doctrine. This appeal followed...

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