Court of Appeals for the Third Circuit March 3, 1986, 85-3570 (Marsh Investment Corporation v. John A. Langford, Pontchartrain State Bank, Defendant/third-Party v. Eunice K. Langford, Third-Party)

GEE, Circuit Judge:

The facts of this case are set out in detail at 721 F.2d 1011. In brief, the appellant challenges, on grounds of fraud, a settlement agreement that it entered into with one of the appellees. The question presented is whether the appellant has waived its claim for recission of the fraudulently-induced settlement agreement through its negligence.