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JACOBS v. JAMES

No. 4-90-0774.

574 N.E.2d 1292 (1991)

215 Ill. App.3d 499

158 Ill.Dec. 899

Bernard JACOBS, Noleen Jacobs and Maxine Mars, Plaintiffs-Appellees, v. J. Robert JAMES, Defendant (Elmo Meiners, Defendant-Appellant).

Appellate Court of Illinois, Fourth District.

June 27, 1991.

Attorney(s) appearing for the Case

Don C. Hammer, Hayes, Schneider, Hammer, Miles & Cost, Bloomington, for defendant-appellant.

John R. Luedtke, Luedtke, Hartweg & Turner, Bloomington, for plaintiffs-appellees.

Justice McCULLOUGH delivered the opinion of the court:

Plaintiffs brought this action against defendants J. Robert James (James) and Elmo Meiners (Meiners) to recover damages from the sale of unregistered securities in violation of section 13 of the Illinois Securities Law of 1953 (Securities Law) (Ill.Rev.Stat.1983, ch. 121½, par. 137.13). After a bench trial, the court entered judgment in favor of plaintiffs, and defendant Meiners appeals. Meiners challenges...

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