Biechele V. Cedar Point Inc‪.‬

Before: LIVELY, Chief Judge; ENGEL, Circuit Judge; and CELEBREZZE, Senior Circuit Judge. TLIVELY, Chief Judge. This is an appeal by plaintiffs, shareholders and former shareholders of Cedar Point, Inc., an Ohio corporation (Cedar Point) from judgment for the defendants in an action claiming violation of federal securities laws. The complaint also contains pendent claims based on Ohio law relating to the fiduciary duties of corporate directors. The defendants are Cedar Point, its directors, two English corporation, S. Pearson and Son Limited and Whitehall Holdings Limited (hereafter collectively Pearson) and Lazard Freres & Co., advisor to Decar Point. Lazard Freres & Co. was dismissed prior to final judgment and the plaintiffs do not argue that this action of the district court was erroneous.