District Court, D. Minnesota May 7, 1980, Civ. 4-74-58 (Thorp Commercial Corp. v. Northgate Industries, Inc.)

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MEMORANDUM AND ORDER

MacLAUGHLIN, District Judge.

This action was commenced in 1974 by plaintiff Thorp Commercial Corporation (hereinafter Thorp) against various defendants, alleging violations of the federal securities laws and common law fraud. The securities act claims were dismissed in 1974, and Thorp’s common law fraud claim remains to be tried.