Ajit K. Medhekar v. United States District Court For The Northern District Of California

99 F.3d 325 65 USLW 2316 , Fed. Sec. L. Rep. P 99,337 , 36 Fed.R.Serv.3d 321 , 96 Cal. Daily Op. Serv. 7966 , 96 Daily Journal D.A.R. 13 ,219 Ajit K. MEDHEKAR; Sid Agrawal; C.N. Reddy; C.N. Reddy Investments, Inc.; N. Damodar Reddy; N.D.R. Investments, Inc.; Ronald K. Shelton; Alliance Semiconductor Corp., Petitioners, v. UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA, Respondent, and Robert Hockey, on behalf of himself and all others similarly situated, Real Party in Interest. No. 96-70437. United States Court of Appeals, Ninth Circuit. Argued and Submitted by Telephone to Motions Panel Oct. 1, 1996. Decided Oct. 31, 1996. Joyce M. Cartun and Norman J. Blears, Heller, Ehrman, White & McAuliffe, Palo Alto, CA, for petitioners. William S. Dato, Milberg, Weiss, Bershad, Hynes & Lerach, San Diego, CA, for real party in interest. Jeffrey S. Facter, Steven A. Maddox and Michele F. Kyrouz (briefed), Shearman & Sterling, San Francisco, CA, for amici curiae The National Venture Capital Association and The Information Technology Association of America. Appeal from the United States District Court for the Northern District of California, Marilyn H. Patel,…