In Re Wells Fargo Securities Litigation

12 F.3d 922 Fed. Sec. L. Rep. P 98,007 In re WELLS FARGO SECURITIES LITIGATION. Howard GREENWALD; Milton Friedman; Sheldon Shore; John Paul Decker; Fairmont Financial Corporation; Arthur-Magna Inc; Harold Bloch; Robert C. Schilling, on behalf of themselves and all others similarly situated, Plaintiffs-Appellants, v. WELLS FARGO & CO., a Delaware Corporation; Carl E. Reichardt; Paul Hazen; Robert L. Joss; Clyde Ostler; David M. Petrone; William F. Zuendt; Stephen A. Enna; Rodney L. Jacobs; Patrick W. Leahy; Guy Rounsaville, Jr., Defendants-Appellees. No. 92-15344. United States Court of Appeals, Ninth Circuit. Argued and Submitted May 10, 1993. Decided Dec. 29, 1993. William S. Lerach, Milberg, Weiss, Bershad, Hynes & Lerach, San Diego, CA, and Elizabeth Joan Cabraser, Lieff, Cabraser & Heimann, San Francisco, CA, for plaintiffs-appellants. Melvin R. Goldman, Morrison & Foerster, San Francisco, CA, for defendants-appellees. Appeal from the United States District Court for the Northern District of California. Before: REINHARDT, TROTT, and RYMER, Circuit Judges. RYMER, Circuit Judge: 1 Purchasers of Wells Fargo & Co. common stock ("shareholders") appeal from the…