Legal Opinion
Starnes Canale Funeral Directors v. Regions Morgan Keegan Select
Court of Appeals for the Sixth Circuit
Decided May 19, 2016No. 15-5903, 15-5905PublishedCited by 59 opinions
1Opinion of the Court
OPINION
CLAY, Circuit Judge.
Plaintiffs, investors seeking' recovery for substantial investment losses,' appeal the district court’s dismissal of their actions filed pursuant to the Securities Act of 1933, 15 U.S.C. §§ 77k, 111, and 77o, the Securities Exchange Act of 1934,15 U.S.C. §§ 783(b) hnd 78t(a),"and SEC'Rule 10b-5, 17 C.F.R. § 240.10b-5, as barred by the applicable statutes- of limitations. We agree that these actions were untimely, and AFFIRM, but hold' that they were barred by the applicable statutes of repose.
BACKGROUND
Factual Background
The remaining Plaintiffs on appeal, Andrew M.…
2Cases cited34 opinions
- Jones v. BockSupreme Court of the United States · 2007
- Wal-Mart Stores, Inc. v. DukesSupreme Court of the United States · 2011
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- ATSI Communications, Inc. v. Shaar Fund, Ltd.Court of Appeals for the Second Circuit · 2007
- American Pipe & Construction Co. v. UtahSupreme Court of the United States · 1974
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3Cited by59 opinions
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