MEMORANDUM AND ORDER
BAER, District Judge.
This nonjury trial came on to be heard before me on February 28 and March 17, 1995. Plaintiffs, who invested a total of $200,000 in defendants' failed real estate development, bring this action to recover losses suffered as a result of defendants' alleged misrepresentation. Plaintiffs contend that defendants deliberately provided them with false and misleading information about the status of the real estate...
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