McLAURY v. DUFF AND PHELPS, INC.

No. 84 C 4612.

691 F.Supp. 1090 (1988)

William W. McLAURY, Plaintiff, v. DUFF AND PHELPS, INC., an Illinois corporation, Claire V. Hansen and Francis E. Jeffries, Defendants.

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

May 13, 1988.


Attorney(s) appearing for the Case

Thomas P. Ward, Thomas P. Ward Ltd., Chicago, Ill., for plaintiff.

Shelley Rice, Edward C. Fitzpatrick, C. Joseph Yast, Lord, Bissell & Brook, Chicago, Ill., for defendants.


MEMORANDUM OPINION AND ORDER

ANN C. WILLIAMS, District Judge.

On February 24, 1983, William McLaury sold to Duff and Phelps, Inc. his 800 shares of Duff and Phelps stock. Approximately ten months later, on December 31, 1983, McLaury, an employee for Duff and Phelps for thirty years, worked his last day for that corporation. In this case, McLaury charges that Duff and Phelps and certain of its officers intentionally failed to disclose to McLaury at the time...

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