Rosenthal v. Dean Witter Reynolds, Inc.

MEMORANDUM OPINION AND ORDER

KANE, Senior District Judge.

This securities fraud action was dismissed without prejudice after the Supreme Court issued its decision in Lampf, Pieva, Lipkind, Prupis & Petigrow v. Gilbertson, 501 U.S. 350, 111 S.Ct. 2773, 115 L.Ed.2d 321, reh’g denied, 501 U.S. 1277, 112 S.Ct. 27, 115 L.Ed.2d 1109 (1991). Lampf established a three-year statute of limitations for such actions and Plaintiff conceded his claims were time-barred under that case. When Congress passed a law providing a 60-day period for reinstating claims dismissed as time-barred under Lampf, Plaintiff…