Fed. Sec. L. Rep. P 99,707 Peter Mosesian v. Peat, Marwick, Mitchell & Co., Charles L. Fletcher and Milton Fredman, as Co-Trustees of Royal Inns of America, Inc., a California Corporation v. Peat, Marwick, Mitchell & Co., a Partnership, and Earl Gagosian

727 F.2d 873 Fed. Sec. L. Rep. P 99,707 Peter MOSESIAN, Plaintiff-Appellant, v. PEAT, MARWICK, MITCHELL & CO., et al., Defendants-Appellees, Charles L. FLETCHER and Milton Fredman, as Co-Trustees of Royal Inns of America, Inc., a California corporation, et al., Plaintiffs-Appellants, v. PEAT, MARWICK, MITCHELL & CO., a partnership, and Earl Gagosian, Defendants-Appellees. Nos. 83-5638, 83-5639. United States Court of Appeals, Ninth Circuit. Argued and Submitted Nov. 7, 1983. Decided March 7, 1984. 1 Melvyn I. Weiss, New York City, William S. Dato, David J. Yardley, Milberg, Weiss, Bershad, Specthrie & Lerach, San Diego, Cal., for plaintiffs-appellants. 2 Victor M. Earle, III, Peat, Marwick, Mitchell & Co., New York City, for defendants-appellees. 3 Appeal from the United States District Court for the Southern District of California. 4 Before CHOY and ANDERSON, Circuit Judges, and SOLOMON, * District Judge. SOLOMON, Senior District Judge: 5 These appeals present the issue of when the statutes of limitations began to run in these securities fraud cases. 6 Peter Mosesian, appellant, on behalf of himself and the other stockholders of Royal Inns of America, Inc. (Royal…