QUILLIAN, Judge.
The instant appeal was taken from the grant of an application to open default filed by the defendant trustees of the William Penn Patrick Trust. The original lawsuit was a class action alleging that defendant, pursuant to a "pyramid" sales scheme, sold distributorships in Sta-Power Industries, Inc. to the plaintiffs by means of fraudulent practices and in violation of the Georgia Securities Act. The present defendants as trustees of the William Penn...
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