MILLIKEN, Justice.
Appellant Randall E. Acton filed a petition in equity on behalf of himself and 198 others, seeking a rescission of certain contracts under which appellees had sold to the appellant and members of the class he seeks to represent lots in a subdivision to be created in southern Indiana, a few miles north of Louisville. It is alleged that these contracts had been entered into by the 199 purchasers in reliance on seven false and fraudulent statements...
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