MEMORANDUM OPINION
DECKER, District Judge.
Plaintiff The Lincoln National Bank, asserting that it has been defrauded in several transactions concerning defendant Lampe, has brought this action against Lampe and others under various provisions of federal securities law and in an action for common law fraud.
Count I is based on Section 17 of the Securities Act of 1933 (15 U.S.C. § 77q),
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