MEMORANDUM AND ORDER
MARTEN, District Judge.
The present litigation arises from plaintiff Roger Arst's sale of a substantial number of Physician Corporation of America stock shares in 1992. PCA was then a private corporation, and the sale was accomplished through the brokerage firm of Stifel, Nicolaus & Co. and its officer, Odis Shoaf. Shoaf found independent buyers for some of Arst's stock, but without telling Arst, he also purchased a large...
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