Court of Appeals for the First Circuit May 4, 1965, 6410_1 (John B. Janigan v. Frederick B. Taylor)

ALDRICH, Chief Judge.

This is a personal action brought by plaintiffs as a class in the district court for the district of Massachusetts in which they allege violations by the defendant of Rule 10b-5 (17 C.F.R. § 240, 10b-5) of the Securities and Exchange Commission promulgated pursuant to section 10 of the Securities Exchange Act of 1934 (15 U.S.C. § 78j), hereinafter the Act.