WASHINGTON -- Following a U.S. Supreme Court decision last month that investors cannot bring a securities fraud case that is over three years old, a group of investors will petition the high court to consider a key issue raised by the controversial decision, an attorney for the buyers said Friday.

The question is whether the ruling in Lampf, Pleva, Lipkind, Prupis & Petigrow v. Gilbertson applies only to future cases or to cases currently pending in federal courts, said Franklin Gordon Allen 3d, a partner with Allen, Kilmer, Schrader, Yazbeck & Chenoweth in Portland.

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