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STERLIN v. BIOMUNE SYSTEMS

No. 97-4074.

154 F.3d 1191 (1998)

Roman STERLIN, on behalf of himself and all others similarly situated, Plaintiff-Appellant, v. BIOMUNE SYSTEMS; David Derrick; Aaron Gold; Charles J. Quantz; Jack Solomon; The Institute for Social and Scientific Development; Genesis Investment, Defendants-Appellees.

United States Court of Appeals, Tenth Circuit.

September 2, 1998.

Attorney(s) appearing for the Case

Joel Seligman, Dean of University of Arizona College of Law, Tucson, AZ, (Edward LaBaton, Lynda J. Grant, James M. Strauss of Goodkind, LaBaton, Rudoff & Sucharow, LLP, New York City, Thomas R. Karrenberg, John T. Anderson of Anderson & Karrenberg, Salt Lake City, UT, with him on the briefs), for Plaintiff-Appellant.

J. Michael Bailey, of Parsons, Behle & Latimer, Salt Lake City, UT, and Helen L. Duncan, of LeBoeuf, Lamb, Greene & MacRae, LLP, Los Angeles, CA (J. Gordon Hansen, Parsons, Behle & Latimer, Salt Lake City, UT, on the brief for Defendants-Appellees Genesis Investment Corporation, Jack Solomon; Peter N. Greenfeld, of LeBoeuf, Lamb, Greene & MacRae, LLP, on brief for Defendants-Appellees Biomune Systems, Inc., David Derrick, Dr. Aaron Gold and Charles J. Quantz; Blake T. Ostler of Burbidge, Carnahan, Ostler & White, Salt Lake City, UT, on the brief for Defendant-Appellee Institute for Social and Scientific Development), for Defendants-Appellees.

Before ANDERSON, BALDOCK, and MURPHY, Circuit Judges.

MURPHY, Circuit Judge.

Appellant Roman Sterlin ("Plaintiff") brought this securities fraud class action suit against Biomune Systems, Inc. ("Biomune"), David Derrick, Aaron Gold, Charles J. Quantz, Jack Solomon, Genesis Investment Corporation ("Genesis"), and the Institute for Social and Scientific Development ("Institute") (collectively, "Defendants"). The district court dismissed the action, concluding that Plaintiff's claims were barred by the statute of limitations...

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