PER CURIAM:
Appellant Steinberg brought a class action against Chem-Tronics alleging violations of the federal securities laws. Steinberg claimed Chem-Tronics omitted material information from a January 29, 1981 public offering prospectus. On the same day, Steinberg purchased stock at the public offering price of $14.50. On February 26, 1981 Chem-Tronics issued a supplement ("sticker") to the prospectus which revealed that the company had experienced "stretch-outs...
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