District Court, S.D. New York January 11, 1955 (Wilko v. Swan)

BICKS, District Judge.

Plaintiff instituted this suit to recover damages under Section 12 (2)

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of. the .Securities Act of 1933 as amended,' 15 U.S.C.A. § 77a et seq. (herein referred to as “the Act”), alleging that the defendants, Joseph E. Swan, et al., individually and as co-partners doing business under the firm name and style, of Hayden, Stone & Co.