BLAZ v. BELFER

No. 03-20575.

368 F.3d 501 (2004)

Jacob BLAZ, On behalf of Himself and all others Similarly Situated, Plaintiff-Appellant, v. Robert A. BELFER; Norman P. Blake, Jr.; Richard B. Buy; Richard A. Causey; Ronnie C. Chan; John H. Duncan; Andrew S. Fastow; Joe H. Foy; Wendy L. Gramm; Ken L. Harrison; Robert K. Jaedicke; Kenneth L. Lay; Charles A. Lamaistre; Jerome J. Meyer; Jeffrey S. Skilling; John A. Urquhart; John Wakeham; Charles E. Walker; Bruce G. Willison; Herbert S. Winokur, Jr.; Arthur Andersen LLP, Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

April 22, 2004.


Attorney(s) appearing for the Case

Eric L. Zagar (argued), Schiffrin & Barroway, Bala Cynwyd, PA, for Blaz.

Robin C. Gibbs, Gibbs & Bruns, Houston, TX, for Belfer, Blake, Chan, Duncan, Foy, Gramm, Jaedicke, Lemaistre, Meyer, Wakeham, Walker and Winokur.

Jacks C. Nickens, Nickens, Keeton, Lawless, Farrell & Flack, Houston, TX, for Buy and Causey.

Craig Smyser, Asim M. Bhansali, Smyser, Kaplan & Veselka, Houston, TX, for Fastow.

Zachary W.L. Wright, Tonkon Torp, Portland, OR, for Harrison.

Sharon J. Shumway (argued), James E. Coleman, Jr., Bruce William Collins, Diane M. Sumoski, Shelbi Lee Barnhouse, Carrington, Coleman, Sloman & Blumenthal, Dallas, TX, for Lay.

Robert Michael Stern, O'Melveny & Myers, Washington, DC, for Skilling.

H. Bruce Golden, Randall Carroll Owens, Golden & Owens, Houston, TX, for Urquhart.

Andrew Lee Ramzel, Rusty Hardin & Associates, Houston, TX, for Arthur Andersen LLP.

Before DAVIS, BARKSDALE and PRADO, Circuit Judges.


RHESA HAWKINS BARKSDALE, Circuit Judge:

At issue is the claimed impermissible retrospective application of the Securities Litigation Uniform Standards Act, Pub.L. No. 105-353, 112 Stat. 3227 (1998) (codified as amended at 15 U.S.C. §§ 77p & 78bb)(SLUSA), which provides for the removal and dismissal of certain state law securities class actions. Jacob Blaz challenges SLUSA's application to his putative state law securities class action arising out of...

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