MEMORANDUM AND ORDER
MAZZONE, District Judge.
Plaintiffs, representatives of a putative class (the "Plaintiff Class") of all purchasers of the common stock of New America High Income Fund ("New America" or "the Fund") between the dates February 19, 1988, and October 13, 1989, and representatives a putative subclass (the "IPO Subclass") of all purchasers of common stock pursuant to the Fund's initial public
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