MEMORANDUM OPINION AND ORDER
SHADUR, District Judge.
Margaret G. Ramson ("Ramson") invested $36,000 with A.J. Obie & Associates ("Obie") for the purchase of a mortgage note from Diamond Mortgage Corporation ("Diamond"). Ramson received neither a mortgage note nor the return of her money and now both Obie and Diamond are in bankruptcy. Ramson therefore sues a number of individual defendants:
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