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FOSTER v. ALEX

No. 5-89-0529.

572 N.E.2d 1242 (1991)

213 Ill. App.3d 1001

157 Ill.Dec. 778

Edward M. FOSTER, Plaintiff-Appellant, v. Anithalee ALEX, Jr., Defendant-Appellee.

Appellate Court of Illinois, Fifth District.

May 28, 1991.

Attorney(s) appearing for the Case

Edward M. Foster, pro se.

No brief filed for defendant-appellee.

Justice HOWERTON delivered the opinion of the court:

Plaintiff bought oil leases from defendant and sued to rescind the sale, arguing that defendant had misrepresented facts about the oil wells and thus had violated section 12(G) of the Illinois Securities Act (Ill.Rev.Stat.1985, ch. 121½, par. 137.12(G)), which makes the obtaining of money or property by means of any untrue statement of a material fact or any omission of a material fact unlawful. An Effingham...

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