PEREGRINE FINANCIAL GROUP, INC. v. AMBUEHL

No. 1-98-3595.

722 N.E.2d 723 (1999)

309 Ill. App.3d 101

242 Ill.Dec. 939

PEREGRINE FINANCIAL GROUP, INC., Plaintiff-Appellant, v. Steve AMBUEHL, Cynthia Ambuehl, James Frageman, Debra Frageman, John Staples, Larry Roberts, Paul Scott, William Parker, Judy Hyneman, James Hyneman, Leonard Gruntz, and Mary Gruntz, Defendants-Appellees (National Futures Association, Defendant).

Appellate Court of Illinois, First District, Second Division.

December 7, 1999.


Attorney(s) appearing for the Case

Laurel G. Bellows, Christopher L. Gallinari, Bellows and Bellows, P.C., Chicago, for Appellant.

Francis J. Leyhane, III, Boyle & Leyhane, Ltd., Chicago, for Appellees.


Justice GORDON delivered the opinion of the court:

This is the second appeal from a ruling of the chancery court relative to the issue of whether Peregrine Financial Group, Inc. (Peregrine), the plaintiff, is entitled to an injunction enjoining the individual defendants, who were customers of Peregrine, from proceeding to arbitrate their claims against Peregrine before the National Futures Association (NFA). Peregrine argued...

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