ANDERSON, Circuit Judge, dissenting:

       I respectfully disagree with the district court’s, and the majority’s, characterization

of the appellants’ motion as one to modify. I agree with appellants that their motion is

properly construed as one to enforce the settlement agreement. The agreement specified

that the price of appellants’ warrants would be adjusted depending upon the price of

Coram stock at a specified future date, which turned out to be June 5-- 9, 1995, and June

12-16, 1995 (the measuring period). Part and parcel of the settlement agreement was the

duty of good faith imposed by Georgia law. Appellants alleged, and in the posture of this

case we must assume their allegations to be true, that defendants at that relevant early

June time knew certain facts which meant that the price of Coram stock was grossly

inflated as of the crucial June 5-9 and June 12-16, 1995, measuring period. Assuming

appellants’ allegations to be true, as we must, defendants would have had a duty to

disclose such information to the public, and the price of Coram stock would have fallen

dramatically during the measuring period, rather than later in August when the

information was actually disclosed. More significantly, the settlement agreement as

supplemented by the Georgia law duty of good faith required disclosure of such

information to the appellants; and the duty of good faith was breached by defendants

when they concealed such information for the purpose of artificially inflating the price of

the stock during the measuring period. In other words, the defendants breached the

settlement agreement as written, including the duty of good faith which was part and
parcel thereof. Respectfully, I disagree with the conclusion of the district court, and the

majority, that appellants sought to modify the settlement agreement, rather than to

enforce same.

       Having established that appellants’ effort is to enforce the settlement agreement, I

conclude that the district court had jurisdiction. The district court expressly retained

“continuing jurisdiction over ... (e) all parties hereto ... [for] the purpose of enforcing” the

settlement agreement. District Court’s May 19, 1995, Final Judgment and Order of

Dismissal at 8, ¶ 12. In Kokkonen v. Guardian Life Ins. Co. of America, 

,

1677 (1994), the Supreme Court held on the facts there that a district court did not have

jurisdiction to enforce a settlement agreement. However, the Supreme Court expressly

recognized that the district court would have had jurisdiction if it had retained jurisdiction

to enforce the agreement:

       The situation would be quite different if the parties’ obligation to comply
       with the terms of the settlement agreement had been made part of the order
       of dismissal – either by separate provision (such as a provision “retaining
       jurisdiction over the settlement agreement) .... In that event, a breach of the
       agreement would be a violation of the order, and ancillary jurisdiction to
       enforce the agreement would therefore exist.

       Accordingly, I dissent.