Panel Affirms Dismissal Of Investor Suit Based On Time-Barred Claims

Mealey's (April 17, 2019, 1:34 PM EDT) -- RICHMOND, Va. — Without providing further detail, a Fourth Circuit U.S. Court of Appeals panel on April 16 affirmed a federal district court’s dismissal of an investor lawsuit brought against two-broker dealers for alleged violations of state and federal securities law and common-law fraud (Alfred L. Snapp Jr., et al. v. Lincoln Financial Securities Corp., et al., No. 18-1344, 4th Cir., 2019 U.S. App. LEXIS 11092)....