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ELCO INDUSTRIES, INC. v. HOGG

No. 86 C 6947.

713 F.Supp. 1215 (1989)

ELCO INDUSTRIES, INC., Plaintiff, v. James W. HOGG, Defendant.

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

May 16, 1989.

Attorney(s) appearing for the Case

Richard M. Franklin and Michael J. Garvey, Baker & McKenzie, Chicago, Ill., for plaintiff.

John L. Conlon, Hopkins & Sutter, Chicago, Ill., for defendant.

MEMORANDUM OPINION

GRADY, Chief Judge.

This securities case comes before us on plaintiff's motion in limine to preclude defendant from introducing at trial evidence purporting to show that plaintiff was "reckless" in either ignoring or discounting various facts concerning the Anchor Wire Company ("Anchor") before purchasing Anchor from defendant. For the reasons given below, we deny the motion.

FACTS

In April 1986, plaintiff Elco...

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