In Re Glenfed, Inc. Securities Litigation

11 F.3d 843 Fed. Sec. L. Rep. P 98,046, 27 Fed.R.Serv.3d 1043 In re GLENFED, INC. SECURITIES LITIGATION. John Paul DECKER; Arnold Cohen; Gary Haskins; Larry Schwartz; Gary F. Young; Elbridge Ruhl Graef, Trustee u/w of Charlotte R. Graef on behalf of themselves and all others similarly situated, Plaintiffs-Appellants, v. GLENFED, INC.; Norman M. Coulson; Raymond D. Edwards; Dann V. Angeloff; Dean R. Bailey; Charles T. Blair; Douglas A. Clarke; Morris K. Daley; Richard O. Kearns; Walter A. Ketcham; Jean C. Roeschlaub; Jack D. Steele; Gilbert R. Vasquez; E. Gex Williams, Jr.; Keith P. Russell, Jr., Defendants-Appellees. No. 92-55419. United States Court of Appeals, Ninth Circuit. Argued and Submitted Aug. 3, 1993. Memorandum Filed Sept. 15, 1993. Order and Opinion Filed Nov. 15, 1993. As Amended Dec. 22, 1993. Order Granting Rehearing En Banc Feb. 25, 1994. Martha A. Evans & John N. Zarian, Greenfield & Chimicles, Los Angeles, CA, Kenneth A. Jacobsen, Christopher T. Reyna & Ira N. Richards, Greenfield & Chimicles, Haverford, PA, Michael S. Glassman & Kathleen L. Clemens, Clemens, Glassman & Clemens, Los Angeles, CA, Warren Rubin, Deborah R. Gross & Ann D.…