BOGGS, J., delivered the opinion of the court, in which MARTIN, C.J., MERRITT, NELSON, RYAN, NORRIS, SUHRHEINRICH, SILER, DAUGHTREY, MOORE, COLE, and GILMAN, JJ., joined. KENNEDY, J. (pp. 270-274), delivered a separate dissenting opinion, in which BATCHELDER and CLAY, JJ., joined.
OPINION
BOGGS, Circuit Judge.
The plaintiffs in this securities-fraud case are private investors from the State of New York who invested $153,000 in an Ohio company, Medical...
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