MEMORANDUM OPINION AND ORDER
BUCKLO, District Judge.
Plaintiff Francis V. Daniels filed a two-count class action complaint against defendant, Blount Parrish & Company ("Blount") alleging violations of §§ 12 and 15 of the Securities Act of 1933. This court certified a class of bondholders. Both parties seek summary judgment. I grant Blount's motion for summary judgment and deny Mr. Daniels' motion for summary judgment.
I.
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