# U n i t ed S t at es C o u rt o f A p p eal s

F or t he S e ve nt h C i r c u i t

C hi c a go, I l l i noi s 60604

S ubm i t t e d A pr i l 18

, 2006

D e c i de d M a y 19

, 2006



### B e f or e

H on

. F RA N K H

. E A S T E RB RO O K

, C i r c ui t J udge



### H on

. K E N N E T H F

. R IP P L E

, C i r c ui t J udge



### H on

. D IA N E P

. W O O D

, C i r c ui t J udge

D O N A L D B R A D F IS C H

, P l ai nt i f f

- A

ppe l l ant

,

N O

. 05

- 3390 V

.

T E M P L E T O N F U N D S

, I N C

. a nd T E M P L E T O N G L O BA L

A D V IS O RS

, L T D

. , D e f

e ndant s

-

A

ppe l l e e s

. A ppe a l f r om t he U ni t e d S t a t e s

D i s t r i c t C our t f or t he S out he r n

D i s t r i c t of I l l i noi s

.

N o. 05 C 298

M i c ha e l J

. R e a ga n, J udge

.

V IN CE K W I A T K O W S K I

, E D M U N D W O O D B U R Y A N D

J O S E P H P A R IS E

, J R

. , P l ai nt i f f

s

-

A

p

pe l l ant s

,



### N os

. 05

- 3558, 05

- 3559 & v.

05

- 3586

T E M P L E T O N G R O W T H F U N D

, I N C

. , e t al

. , D e f

e ndant s

-

A

ppe l l e e s

. A ppe a l s f r om t he U ni t e d S t a t e s

D i s t r i c t C our t f or t he S out he r n

D i s t r i c t of I l l i noi s

.

N os

. 05 C 299

05 C 301

05 C 300

G

. P a t r i c k M ur phy, C hi e f J udge

.

O r d e r

T he s e f our a ppe a l s a r e gove r ne d by t he S upr e m e C our t 's de c i s i on i n M e r

r i l l L y nc h,

P i e r c e

, F e nne r & Sm i t h

, I nc

. v

. D ab i t

, 126 S

. C t

. 1 503 ( 2006)

. A l t hough t he pl a i nt i f f

s m a i nt a i n U N P U B L I S H E D O R D E R

No t t o b e c i t e d p e r C i r c u i t R u l e 5 3N os

. 05

- 3390, 05

- 3558

, 05

- 3559 a nd 05

- 3586 P a ge 2

t ha t D abi t doe s not c ont r ol be c a us e ( i n t he i r vi e w ) t he de f e nda nt f unds ha ve be e n ne gl i ge nt l y

m a na ge d, t he y ha ve not s ought r e l i e f t hr ough de r i v a t i ve l i t i ga t i on a nd t he r e f or e c a nnot t a ke

a dva nt a g e of t he e xc e pt i on f or t ha t ki nd of s ui t i n t he S e c ur i t i e s L i t i ga t i on U ni f o r m S t a nda r ds

A c t of 1998

. F o r di r e c t l i t i ga t i on

, l a be l s a r e not m a t e r i a l

, a s w e e xpl a i ne d i n K i r c he r v

. P u t nam

F

unds T r us t

, 403 F

. 3d 478 ( 7t h C i r

. 2005 )

, c e r t

. gr a nt e d on ot he r gr ou nds

, 126 S

. C t

. 969 ( 2006)

,

a de c i s i on t ha t t he S up r e m e C our t a ppr ove d i n D a bi t

.

T he s e a ppe a l s a r e not a f f

e c t e d by t he g r a nt of c e r t i or a r i i n K i r c he r

. T he S up r e m e C our t

l i m i t e d t he w r i t t o a di s put e a bout a ppe l l a t e j ur i s di c t i on of a ppe a l s by de f e nda nt s f r om r e m a nd

or de r s unde r t he S L U S A

. T he s e de f e nda nt s di d not a ppe a l f r om t he di s t r i c t c our t 's o r de r s i n 2004

r e m a ndi ng t he s ui t s

. T he y r e m ove d a ga i n f o l l ow i n g t he de c i s i on on t he m e r i t s i n K i r c he r

, a nd

t he onl y a ppe a l s ha ve be e n f i l e d by t he pl a i nt i f f

s

.

O n t he a ut hor i t y of D abi t a nd K i r c he r

, t he j udgm e nt s a r e a f f i r m e d.