Attorney(s) appearing for the Case
Alexander W. Wellford, Jr. (briefed), Humphreys, Dunlap, Wellford, Acuff & Stanton, Memphis, TN, Steven J. Toll (argued and briefed), Cohen, Milstein, Hausfeld & Toll, Washington, DC, for Plaintiffs-Appellants.
Earle J. Schwarz (briefed), Saul C. Belz (briefed), Jennifer W. Sammons (briefed), Waring Cox, Memphis, TN, Kenneth M. Kramer (argued and briefed), Shearman & Sterling, New York City, for Defendants-Appellees.
Before: MERRITT, BROWN, and NELSON, Circuit Judges.
United States Court of Appeals, Sixth Circuit.
Rehearing and Suggestion for Rehearing En Banc Denied October 9, 1997.
DAVID A. NELSON, Circuit Judge.
This is an appeal from the dismissal of five consolidated securities fraud cases. The plaintiffs — each of whom in 1993 and/or 1994 made one or two purchases of between 100 and 500 shares of common stock in the defendant corporation — allege that they and members of a shareholder class they purport to represent paid inflated...
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