In re Bexar County Health Facility Development Corp. Securities Litigation

*626MEMORANDUM AND ORDER

BECHTLE, District Judge.

Presently before the court is plaintiff’s motion for class certification pursuant to Fed.R.Civ.P. 23(a) and (b)(3). For the reasons stated herein, plaintiff’s motion is granted in part, and denied in part.

I. BACKGROUND

Plaintiff brings this action for damages and injunctive relief for alleged fraud arising out of the sale of the Bexar County Health Facilities Development Corporation First Mortgage Revenue Bonds (Trinity Retirement Living Foundation Project) Series 1984 (hereinafter the "Trinity bonds” or *627the “bonds”). Plaintiff seeks certification of…