LEIBELL, District Judge.
This is an action under Section 12(2) of the Securities Act of 1933 (Title 15 U.S.C. § 77(l) to enforce civil liability in connection with the sale, through interstate communications, of 5,000 shares of Trans Central Industries, Inc., stock. The plaintiff was the purchaser of the stock. His complaint charges that the stock was sold to him by the defendants under false representations made in telephone conversations.
The...
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