TORRUELLA, Chief Judge. Six plaintiffs, purchasers of common stock of Individual, Inc. (“Individual” or “the Company”), brought suit under sections 11 and 15 of the Securities Act of 1933 (the “1933 Act”) against Individual, its board members, and the underwriters who participated .in Individual’s March 1996 initial public offering (“IPO”). Plaintiffs claim that defendants made ma…
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