FRANKEL, District Judge.
On December 26, 1962, plaintiff bought from defendant Shirley M. Tenney 4,000 shares of Class A stock of Tenney Corporation for $20,000. On June 10, 1963, he wrote defendants, charging they had violated the Securities Act of 1933 because they had "suppressed and failed to disclose material facts concerning Tenney Corporation and concerning the stock", and demanded rescission. On December 19, 1963, following refusal of this demand, he brought...
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