McKOWAN LOWE & CO., LTD.
v.
JASMINE, LTD., Irving Mangel, James Stewart, Jack Aezen, Lujaco, Ltd., Fishbein & Company, P.C., Samuel J. Mangel, United Jersey Bank, Marvin Weiss, Arthur Andersen, L.L.P.
Harry Berger, individually and on behalf of a class similarly situated; Bernard L. Cutler, individually and on behalf of a class similarly situated
v.
Jasmine Ltd., Irving M. Mangel, Melvin Twersky, Edward W. Maskaly, Samuel J. Mangel, Steven B. Sands, Martin Sands, Thomas Ciocco, Sands Brothers & Co., McKowan Lowe & Company, Ltd., Evelyn Wong, Tony Ngai, Lujaco, Ltd.
Harry Berger and Bernard Cutler, individually and on behalf of a class similarly situated, Appellants.
United States Court of Appeals, Third Circuit.https://leagle.com/images/logo.png
Argued October 29, 2001.
Filed June 26, 2002.
Attorney(s) appearing for the Case
Lowell E. Sachnoff, (argued), M. Marshall Seeder, John W. Moynihan, Sachnoff & Weaver, Ltd. Chicago, IL, Bryan L. Clobes, Miller, Faucher Cafferty and Wexler, LLP, Philadelphia, PA, Michael I. Behn, Futterman & Howard, Chtd. Chicago, IL, for appellants.
Stephen L. Dreyfuss, Hellring, Lindeman, Goldstein & Siegal, LLP, Newark, NJ, for appellees Irving Mangel and Samuel J. Mangel.
Richard G. Placey, Montgomery, McCracken, Walker & Rhoads, LLP, Cherry Hill, NJ, for appellee Fishbein & Company, P.C.
Richard A. Roth Littman, Krooks, Roth & Ball New York City, for appellees Steven B. Sands, Martin Sands, Sands Brothers & Co., Evelyn Wong, Tony Ngai.
Joseph M. Feeney, Cherry Hill, NJ, for appellee Thomas Ciocco.
John M. George, Jr., (argued), Lisa M. Cipriano, John H. Mulhern Sidley, Austin, Brown & Wood Chicago, IL, Nicholas M. Kouletsis, Ralph R. Smith III, Pepper Hamilton, LLP, Cherry Hill, NJ, Barbara A. Mather, Pepper Hamilton, LLP, Philadelphia, PA for appellee Arthur Andersen, LLP.
Meyer Eisenberg, Deputy General Counsel, Mark R. Pennington, Assistant General Counsel, David M. Becker, General Counsel, Jacob H. Stillman, Solicitor Securities & Exchange Commission, Washington, D.C., for Securities and Exchange Commission appellants Amicus-Curiae.
BEFORE: SLOVITER, NYGAARD and AMBRO, Circuit Judges.
United States Court of Appeals, Third Circuit.
SLOVITER, Circuit Judge.
This interlocutory appeal of the District Court's order denying class certification is before us on this court's grant of a petition for review pursuant to Rule 23(f) of the Federal Rules of Civil Procedure. The issue framed by the petition is
[w]hether the commencement of a class action tolls the limitations period for intervening class members to bring claims on behalf of a class where a determination has not been made whether those...
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