Fed. Sec. L. Rep. P 97,372 Henry T. Sanders v. John Nuveen & Co., Inc., Investors Diversified Services, Inc. And Investors Syndicate of America, Inc.

TONE, Circuit Judge.

The issue we decide on this appeal is whether plaintiff class members have established their claims under § 12(2) of the Securities Act of 1933, 15 U.S.C. § 777(2). Holding that they have, we affirm the district court’s judgment in their favor.

The case has been here three times previously. 463 F.2d 1075 (7th Cir.), cert. denied, 409 U.S. 1009, 93 S.Ct. 443, 34 L.Ed.2d 302 (1972) (Sanders I); 524 F.2d 1064 (7th Cir. 1975), vacated and remanded, 425 U.S. 929, 96 S.Ct. 1659, 48 L.Ed.2d 172 (1976) (Sanders II); 554 F.2d 790 (7th Cir. 1977) (Sanders III). It is enough at this…