George Franklin, on Behalf of Himself and All Others Similarly Situated v. Kaypro Corporation Andrew F. Kay David Kay Allan M. Kay Mary M. Kay Prudential-Bache Securities, Inc., in Re Kaypro Corporation, Shareholder Litigation. Prudential-Bache Securities, Inc., Defendant-Cross-Claimant-Appellant v. Kaypro Corporation Andrew F. Kay David A. Kay Allan M. Kay, Plaintiffs-Cross-Claimants-Appellees. In Re Kaypro Corporation Securities Litigation. George Franklin, on Behalf of Himself and All Others Similarly Situated, Jon Quint Ellen Quint Stefan Reznik William B. Weinberger Richard Lowe Paul L. Holmes Evelyn S. Holmes v. Kaypro Corporation Andrew F. Kay David A. Kay Allan M. Kay Mary M. Kay Arthur B. Laffer Bradford W. Ryland Ludwig Weindling Roger S. Wooley v. Peat Marwick Main & Company
Opinion
Opinion
884 F.2d 1222 58 USLW 2185 , Fed. Sec. L. Rep. P 94,567 George FRANKLIN, On Behalf of Himself and All Others Similarly Situated, Plaintiffs, v. KAYPRO CORPORATION; Andrew F. Kay; David Kay; Allan M. Kay; Mary M. Kay; Prudential-Bache Securities, Inc., Defendants. In re KAYPRO CORPORATION, SHAREHOLDER LITIGATION. PRUDENTIAL-BACHE SECURITIES, INC., Defendant-Cross-claimant-Appellant, v. KAYPRO CORPORATION; Andrew F. Kay; David A. Kay; Allan M. Kay, Plaintiffs-Cross-claimants-Appellees. In re KAYPRO CORPORATION SECURITIES LITIGATION. George FRANKLIN, On Behalf of Himself and All Others Similarly Situated, Jon Quint; Ellen Quint; Stefan Reznik; William B. Weinberger; Richard Lowe; Paul L. Holmes; Evelyn S. Holmes, Plaintiffs-Appellees, v. KAYPRO CORPORATION; Andrew F. Kay; David A. Kay; Allan M. Kay; Mary M. Kay; Arthur B. Laffer; Bradford W. Ryland; Ludwig Weindling; Roger S. Wooley, Defendants-Appellants, v. PEAT MARWICK MAIN & COMPANY, Defendant-Appellant. Nos. 88-5931, 88-5934. United States Court of Appeals, Ninth Circuit. Argued and Submitted Feb. 7, 1989. Decided Sept. 6, 1989. J. Anthony Sinclitico, III, Gibson, Dunn & Crutcher, San Diego, Cal., and John A. Shutkin,…