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TERRIFIC PROMOTIONS, INC. v. DOLLAR TREE STORES

No. 96 C 2230.

947 F.Supp. 1243 (1996)

TERRIFIC PROMOTIONS, INC., Pamela J. Alper, and Michael N. Alper, Plaintiffs, v. DOLLAR TREE STORES, INC., and Timothy J. Avers, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

Opinion Denying Reconsideration December 10, 1996.

Attorney(s) appearing for the Case

Robert Patrick Cummins, John A. Sopuch, Mark D. Rasmussen, Megyn M. Kelly, Bickel & Brewer, Chicago, IL, for Terrific Promotions, Inc., for Pamela J. Alper.

Robert Patrick Cummins, John A. Sopuch, Mark D. Rasmussen, Megyn M. Kelly, Bickel & Brewer, Chicago, IL, for Michael N. Alper.

Terry F. Moritz, Steven A. Levy, Hans Ulrich Widmaier, Goldberg, Kohn, Bell, Black, Rosenbloom & Moritz, Ltd., Chicago, IL, Beth Hirsch Berman, William F. Devine, Robert C. Nusbaum, Hofheimer, Nusbaum, McPhaul & Samuels, P.C., Norfolk, VA, for Dollar Tree Stores, Inc.

Alan Jay Mandel, Chicago, IL, for Timothy J. Avers.

MEMORANDUM OPINION AND ORDER

LINDBERG, District Judge.

Plaintiff Terrific Promotions, Inc., a Delaware corporation ("TPI-DE"), and its owners Michael and Pamela Alper ("the Alpers") bring this action alleging that defendant Dollar Tree Stores ("DTS") violated Section 10(b) of the Securities Exchange Act, 15 U.S.C. § 78j(b), and Rule 10b-5, 17 C.F.R. § 240.10b-5 (1996), by fraudulently inducing the Alpers to sell Terrific Promotions, Inc., an Illinois...

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