FRAIN v. ANDY FRAIN, INC.

No. 82 C 1969.

660 F.Supp. 97 (1987)

Patrick F. FRAIN, Plaintiff, v. ANDY FRAIN, INC., et al., Defendants.

United States District Court, N.D. Illinois, E.D.

On Reconsideration April 24, 1987.


Attorney(s) appearing for the Case

Harvey J. Barnett, Harvey J. Barnett & Assocs., Ltd., Chicago, Ill., for plaintiff.

Anthony G. Scariano and John M. Izzo, Scariano, Jula, Ellich & Himes, Chtd., and Peter Andjelkovich, Peter Andjelkovich & Assocs., Chicago, Ill., for defendants.


MEMORANDUM

LEIGHTON, Senior District Judge.

This family dispute centers around defendants' alleged failure to disclose certain information connected with the defendant companies' purchase of plaintiff's stock in them. The case was tried to a jury under three theories of liability: (1) violation of federal securities laws; (2) common law fraud; and (3) breach of fiduciary duty. On October 17, 1986, after a two-week trial, the jury returned verdicts for defendants...

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