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NOTTINGHAM PARTNERS v. TRANS-LUX CORP.

No. 90-1859.

925 F.2d 29 (1991)

NOTTINGHAM PARTNERS, et al., Plaintiffs, Appellants, v. TRANS-LUX CORPORATION, et al., Defendants, Appellees.

United States Court of Appeals, First Circuit.

Decided February 7, 1991.

Attorney(s) appearing for the Case

Carolyn Grace, with whom Michelle H. Blauner, and Shapiro, Grace & Haber were on brief, Boston, Mass., for plaintiffs, appellants.

John B. Sherman, with whom Weisman, Celler, Spett & Modlin, New York City, Grover S. Parnell, Jr., and Davis, Malm & D'Agostine were on brief, Boston, Mass., for defendants, appellees.

Before SELYA, Circuit Judge, ALDRICH and BOWNES, Senior Circuit Judges.

SELYA, Circuit Judge.

Nottingham Partners and Deerfield Partners, plaintiffs below, invoking federal question jurisdiction, 28 U.S.C. § 1331, brought suit for securities law violations allegedly committed by Trans-Lux Corporation and its directors. After a parade of intervening events, the United States District Court for the District of Massachusetts ruled that the defendants were entitled to summary judgment because the plaintiffs' claims were extinguished...

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