FARRIS, Circuit Judge:
Shareholders of Financial Corporation of America appeal the district court's dismissal of this derivative suit against the corporation's auditor, Arthur Andersen & Co., to recover damages for an alleged violation of Section 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. § 78j(b)) and the SEC's Rule 10b-5 (17 C.F.R. § 740.10b-5). The shareholders allege that "but for" Andersen's advice, the corporation would not have purchased...
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