OPINION OF THE COURT SEITZ, Chief Judge. Plaintiffs, several Class A shareholders of Wakefern Food Corp. (“Wakefern”), brought this action against the defendants, 66 Class C shareholders of Wakefern, charging them with violations of § 10(b) of Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5 promulgated thereunder, 17 C.F.R. § 240 .10b-5, in connection wit…
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