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REID v. MADISON

Civ. A. No. 77-392-N.

455 F.Supp. 1066 (1978)

Milton A. REID, and Marion T. Reid, Plaintiffs, v. J. Hugo MADISON, and Viola M. Madison, Defendants.

United States District Court, E. D. Virginia, Norfolk Division.

August 10, 1978.

Attorney(s) appearing for the Case

Charles W. Best, Jr., Kaufman & Oberndorfer, Norfolk, Va., for plaintiffs.

Beril M. Abraham, Coureas, Abraham & Morrison, Norfolk, Va., James A. Overton, Portsmouth, Va., for defendants.

OPINION AND ORDER

CLARKE, District Judge.

This matter comes before the Court for resolution of the question whether the statute of limitations has run on the Federal statutory claims and on the theory of common law fraud raised in the defendants' Amended Answer.

This Court previously has ruled that the statute of limitations applicable to plaintiffs' claims under § 17(a) of the Securities Act of 1933 (15 U.S.C. § 77q), § 10(b) of the...

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