MEMORANDUM AND ORDER
PETTINE, Senior District Judge.
Whereas plaintiffs have moved pursuant to F.R.Civ.P. 56(a) for summary judgment on Count II of their Complaint alleging conversion and whereas defendant has moved pursuant to F.R.Civ.P. 56(b) for the same, this court now determines whether defendant is liable to plaintiffs for conversion. Jurisdiction and venue is proper before this court under 28 U.S.C. secs. 1332 & 1391.
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