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LOCKWOOD v. STANDARD & POOR'S CORP.

No. 1-95-3063.

682 N.E.2d 131 (1997)

289 Ill. App.3d 194

224 Ill.Dec. 570

Rick LOCKWOOD, on Behalf of Himself and All Other Persons Similarly Situated, Plaintiff-Appellant, v. STANDARD & POOR'S CORPORATION, Defendant-Appellee.

Appellate Court of Illinois, First District, Sixth Division.

Rehearing Denied July 24, 1997.

Attorney(s) appearing for the Case

Arne R. Rode and Marshall Patner, Chicago, for Plaintiff-Appellant.

Robert G. Krupka and Sandra A. Miller of Kirkland & Ellis, Chicago, for Defendant-Appellee.

Justice THEIS delivered the opinion of the court:

Plaintiff, Rick Lockwood (Lockwood), appeals from the order of the circuit court dismissing with prejudice his second-amended complaint. On behalf of himself and other similarly situated options investors, Lockwood sued defendant, Standard & Poor's Corporation (Standard & Poor's), for breach of contract and negligent misrepresentation. Lockwood alleged that he and other options investors suffered lost profits...

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