Leonard Friedman and Robert Friedman v. Salomon Brothers, Inc., a Delaware Corporation and Does 1 Through 10, Inclusive

42 F.3d 1399 NOTICE: Ninth Circuit Rule 36-3 provides that dispositions other than opinions or orders designated for publication are not precedential and should not be cited except when relevant under the doctrines of law of the case, res judicata, or collateral estoppel. Leonard FRIEDMAN and Robert Friedman, Plaintiffs-Appellants, v. SALOMON BROTHERS, INC., a Delaware corporation; and DOES 1 through 10, inclusive, Defendants-Appellees. No. 93-55537. United States Court of Appeals, Ninth Circuit. Argued and Submitted Sept. 12, 1994. Decided Dec. 7, 1994. Before: FEINBERG, * SCHROEDER and KOZINSKI, Circuit Judges. 1 MEMORANDUM ** 2 1. Plaintiffs Leonard and Robert Friedman appeal from a judgment of the district court granting defendant-appellee Salomon Brothers, Inc. (Salomon) summary judgment. The Friedmans charge that Salomon made oral misrepresentations in advising them to buy certain Revco junk securities in May and June of 1987, and that these misleading statements, along with material omissions, violated federal and state law. 3 2. As the district court found in its thorough opinion, Leonard Friedman (Leonard), at age 77, had "extensive experience in the securities and…