Murray v. Shearson Hayden Stone, Inc.

ORDER

ORINDA D. EVANS, District Judge.

This action alleging violations of Sections 10(b) and 15(c)(1) of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j(b) and 78o(c)(1), as amended, and the Securities and Exchange Commission Rules promulgated thereunder, as well as provisions of Georgia law, is before the Court on Defendants’ Motion for Summary Judgment. Defendants argue that the federal and state claims raised in the Complaint are barred by the applicable statute of limitations.

The statute of limitations to be applied to Plaintiffs’ federal securities claims is the four-year period used…