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WEISS v. WATERHOUSE SECURITIES, INC.

No. 1-01-0680.

781 N.E.2d 1105 (2002)

335 Ill. App.3d 875

269 Ill.Dec. 915

Mark WEISS, individually and on, behalf of all others similarly situated, Plaintiff-Appellee, v. WATERHOUSE SECURITIES, INC., Defendant-Appellant.

Appellate Court of Illinois, First District, Second Division.

November 26, 2002.

Attorney(s) appearing for the Case

Neal, Gerber & Eisenberg, of Chicago (H. Nicholas Berberian, Terry D. Weissman and David W. Porteous of counsel), for Appellant.

Kubasiak, Fylstra, Reizen & Rotunno, P.C., of Chicago (Richard S. Reizen, Scott A. Browdy and Brian Molzahn, of counsel), for Appellee.

Justice CERDA delivered the opinion of the court:

In January 1999, plaintiff, Mark Weiss, individually and on behalf of all others similarly situated, filed a class action lawsuit against defendant, Waterhouse Securities, Inc. (Waterhouse), a discount securities brokerage firm, alleging fraud and breach of contract in connection with Waterhouse's solicitation and administration of web-based brokerage accounts between January 1, 1999 and the present. Waterhouse, assertedly...

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