A. Carl HELWIG, on Behalf of Himself and All Others Similarly Situated; Gary Barnes; Meredith Wilson Brown; Robert Brown; S. Kay Lutes; Sybil R. Meisel; Barbara E. Shuster, Plaintiffs-Appellants,
v.
VENCOR, INC.; W. Bruce Lunsford; W. Earl Reed, III; Michael R. Barr; Thomas T. Ladt; Jill L. Force; James H. Gillenwater, Jr., Defendants-Appellees.
United States Court of Appeals, Sixth Circuit.https://leagle.com/images/logo.png
Argued: December 6, 2000.
Decided and Filed: May 31, 2001.
Attorney(s) appearing for the Case
ARGUED: Kenneth J. Vianale, MILBERG, WEISS, BERSHAD, HYNES & LERACH, Boca Raton, Florida, for Appellants.
Gregory P. Joseph, FRIED, FRANK, HARRIS, SHRIVER & JACOBSON, New York, New York, for Appellees.
ON BRIEF: Kenneth J. Vianale, MILBERG, WEISS, BERSHAD, HYNES & LERACH, Boca Raton, Florida, James F. Milliman, Charles G. Middleton, III, MIDDLETON & REUTLINGER, Louisville, Kentucky, David Kessler, SCHIFFRIN & BARROWAY, Bala Cynwyd, Pennsylvania, Arthur R. Miller, HARVARD LAW SCHOOL, Cambridge, Massachusetts, for Appellants. Gregory P. Joseph, David B. Hennes, Kirsa Phillips, FRIED, FRANK, HARRIS, SHRIVER & JACOBSON, New York, New York, David B. Tachau, TACHAU, MADDOX, HOVIOUS & DICKENS, Louisville, Kentucky, for Appellees.
Jacob H. Stillman, Luis DeLaTorre, Eric Summergrad, U.S. SECURITIES AND EXCHANGE, Washington, D.C., for Amicus Curiae.
James F. Milliman (briefed), Thomas P. O'Brien, III, Charles G. Middleton, III (briefed), Middleton & Reutlinger, Louisville, KY, Kenneth J. Vianale (argued and briefed), Milberg, Weiss, Bershad, Hynes & Lerach, Boca Raton, FL, David Kessler (briefed), Schiffrin & Barroway, Bala Cynwyd, PA, Arthur R. Miller (briefed), Professor, Harvard Law School, Cambridge, NU, for Plaintiffs-Appellants.
David B. Hennes (briefed), Gregory P. Joseph (argued and briefed), Kirsa Phillips (briefed), Rachel S. Fleishman, Fried, Frank, Harris, Shriver & Jacobson, New York, NY, David B. Tachau (briefed), Tachau, Maddox, Hovious & Dickens, Louisville, KY, for Defendants-Appellees.
Jacob H. Stillman (briefed), Luis DeLaTorre (briefed), Securities and Exchange Commission, Washington, DC, Eric Summergrad (briefed), Washington, DC, for Amicus Curiae.
MERRITT, J., delivered the opinion of the court, in which MARTIN, C. J., DAUGHTREY, MOORE, COLE, CLAY, and GILMAN, JJ., joined. KENNEDY, J. (pp. 566-73), delivered a separate dissenting opinion, with BOGGS, NORRIS, SUHRHEINRICH, SILER, and BATCHELDER, JJ., joining in Judge KENNEDY's dissent.
OPINION
MERRITT, Circuit Judge.
The complaint in this securities class action features allegations of insider trading...
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