Court of Appeals for the Second Circuit January 26, 1987, Nos. 106, 230, Dockets 86-7398, 86-7436 (Akerman v. Oryx Communications, Inc.)

MESKILL, Circuit Judge:

Plaintiffs Morris and Susan Akerman and Dr. Lawrence Kuhn appeal from an order of the United States District Court for the Southern District of New York, Sofaer, J., granting summary judgment dis*338posing of their claims under section 11 of the Securities Act of 1933 (Act) against defendants Oryx Communications, Inc. (“Oryx” or “issuer”), Moore & Schley, Cameron & Co.