SNEED, Circuit Judge:
Appellants, minority shareholders of Pacific Guardian Life Insurance Company, seek review of the district court's Fed.R.Civ.P. 12(c) dismissal of portions of their class action for failure to state a cause of action under Hawaii law. Jurisdiction in the federal district court existed by virtue of diversity of citizenship. 28 U.S.C. § 1332 (1976). Appellants assert that the dismissed portions of their complaint rested on two valid principles...
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