IN RE BRODERBUND/LEARNING CO. SECURITIES LITIG.

No. 01-56045.

294 F.3d 1201 (2002)

In re BRODERBUND/LEARNING COMPANY SECURITIES LITIGATION, Warren WOLFE; Rosalie Wolfe; the Charles E. and Alice S. Carlston Revocable Trust; Karen Markel; Melissa Nadler; Linda Frankish, on behalf of themselves and all others similarly situated, Plaintiffs-Appellants, v. Mattel, Inc.; Michael J. Perik; R. Scott Murray; Kevin O'Leary; Lamar Alexander; Michael A. Bell; Robert Gagnon; Carolynn N. Reid-wallace; Robert A. Rubinoff; Scott M. Sperling; Anthony J. Dinovi; Mark E. Nunnelly; Paul J. Zepf, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Filed June 28, 2002.


Attorney(s) appearing for the Case

Solomon B. Cera, Gold Bennett Cera & Sidener, LLP, San Francisco, CA, for the plaintiffs-appellants.

John W. Spiegel, Munger, Tolles & Olson, LLP, Los Angeles, CA; John F. Sylvia, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., Boston, MA, for the defendants-appellees.

Before FERNANDEZ, WARDLAW, and W. FLETCHER, Circuit Judges.


OPINION

FERNANDEZ, Circuit Judge

Warren Wolfe and others (collectively Wolfe) brought this action against various officers and directors of The Learning Company, Inc. (TLC), and Mattel, Inc., which is TLC's successor in interest. The district court dismissed on the basis that Wolfe had not suffered any damages within the meaning of §§ 11 and 12 of the Securities Act of 1933,1 15 U.S.C. §§ 77k and 77 l....

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