13 of the Securities Act provides, in relevant part: No action shall be maintained to enforce any liability created under section 77k or 77i(a)(2) of this title unless brought within one year after the discovery of the untrue statement or the omission, or after such discovery should have' been made by the exercise of reasonable diligence .... 15 U.S.C. § 77m (emphasis added). The one-year limitations period begins to run “(1) when the plaintiff did in fact discover, or (2) when a reasonably diligent plaintiff would have discovered, the facts constituting the violation — whichever comes first.” Merck & Co., Inc. v. Reynolds, 559 U.S. 633, 637, 130 S.Ct. 1784, 176 L.Ed.2d 582 (2010) (citation omitted) (construing 28 US.C. § 1658(b)(1) of the Exchange Act); UBS I, 858 F.Supp.2d at 320 (<HOLDING>). Thus, “the limitations period commences not
holding that statute of limitations for contribution actions found in section 13  204 of the code applies over limitations period for malpractice actions found in section 13  212 of the code where the plaintiffs complaint was based solely on contribution act ill rev stat 1985 ch 70 par 301 et seq section 13  204 is more specific than section 13  212 holding that the limitations period in section 13  214a takes precedence over the limitations period for personal injuries found in section 13  202 of the code holding merck applies to section 13 of the securities act holding that the then twoyear statute of limitations for constructionrelated actions found in section 13  214a of the code applies over the fiveyear statute of limitations period for certain actions found in section 13  205 of the code holding that limitations period in section 13  214a of the code applies over limitations period for contribution actions found in section 13  204 of the code because former provision is more specific