OPINION
LASKER, District Judge.
In this action brought under Section 10(b) of the Securities Exchange Act of 1934, as amended, and Rule 10b-5 of the Securities and Exchange Commission promulgated thereunder, Isidore Kerman, a defendant, moves for an order pursuant to Rule 12(b) (3), F.R.Civ. Proc., dismissing the complaint on the ground that the court lacks personal jurisdiction over him. The motion is granted.
I. FACTS
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