MEMORANDUM OPINION AND ORDER
BECHTLE, District Judge.
The purported class action here involved was brought pursuant to the various anti-fraud sections of the Federal securities laws and regulations thereunder. One of the defendants, John B. Baird, former president and vice-chairman of the Board of Directors of Scientific Control Corporation, has filed a motion to dismiss. A ground for that motion is that the claims under §§ 11 and 12(2) of the...
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