OPINION
FREDERICK van PELT BRYAN, District Judge:
Several of the defendants in this stockholder's derivative action move to dismiss the second consolidated amended complaint pursuant to Rule 12(b), Fed.R. Civ.P., on the ground that it fails to state a claim under the federal securities laws upon which relief can be granted.
The action is laid under Sections 10 (b) and 15(c)(1) of the Securities Exchange Act of 1934, 15 U.S.C. §§ 78j(b)...
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