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OLCZYK v. CERION TECHNOLOGIES, INC.

No. 1-98-2019.

721 N.E.2d 732 (1999)

308 Ill. App.3d 905

242 Ill.Dec. 453

Philippe OLCZYK, Robert K. Pickup, Joshua Teitelbaum, on their behalf and on behalf of all others similarly situated, Plaintiffs-Appellants, v. CERION TECHNOLOGIES, INC., Nashua Corporation, William Blair & Co., David A. Peterson, Paul A. Harter, Richard A. Clark, Gerald G. Garbacz and Daniel M. Junius, Defendants-Appellees.

Appellate Court of Illinois, First District, Fifth Division.

November 19, 1999.

Attorney(s) appearing for the Case

Miller, Faucher, Cafferty and Wexler LLP, Chicago (Marvin A. Miller, Dom J. Rizzi and Jennifer Winter Sprengel, of counsel), for Appellants.

Sidley & Austin, Chicago (Walter C. Carlson, Linton J. Childs and Hille R. Sheppard, of counsel); and Jenner & Block, Chicago (Jerold S. Solovy, Ronald L. Marmer, C. John Koch and Michael T. Brody, of counsel), for Appellees.

Justice HARTMAN delivered the opinion of the court:

Plaintiffs Philippe Olczyk, Robert K. Pickup and Joshua Teitelbaum, individually and on behalf of all others similarly situated (collectively plaintiffs), appeal from the circuit court's dismissal of their second amended consolidated class action complaint (subject complaint) with prejudice. Plaintiffs, stockholders of defendant Cerion Technologies, Inc. (Cerion), a "high-tech" manufacturer of components for computer...

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