In U.S. Fidelity & Guar. Co. vs. Patriot's Point Dev. Auth., 772 F.Supp. 1565 (D.S.C. 1991); U.S. Fidelity & Guar. Co. vs. Patriot's Point Dev. Auth., 788 F. Supp. 880 (D.S.C. 1992), a bondholder fraud case where we represented the purchasers of a public bond as a class, we established the liability of the public entity even though this was not guaranteed by the public entity.
