Rehearing and Rehearing En Banc Denied December 24, 1980.
CHARLES CLARK, Circuit Judge:
Paul F. Newton & Company [Newton] appeals from the district court's grant of a directed verdict to Pressman, Frohlich & Frost, Inc. [Pressman] in its action against Pressman predicated upon alleged violations of the Securities and Exchange Commission's Rule 10b-5, 17 C.F.R. § 240.10b-5 (1979), by one of its employees, and upon common law fraud. Following the...
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