DiJulio v. Digicon, Inc.

THOMSEN, District Judge.

Plaintiffs, who own a total of 700 shares of stock of Digicon, Inc., 1 have filed this action, which they seek to maintain as a class action under Rule 23, F.R.Civ.P., alleging violations of the Securities Act of 1933 2 and the Securities Exchange Act of 1934 3 in connection with a public offering of common stock of Digicon, Inc. (Digicon). The defendants are:

1. Digicon, which sold to the defendant underwriters most of the stock included in the public offering;

2. Designated “selling shareholders”, who sold to the underwriters the rest of the stock which was included in…