GOLDFINE v. BARACK, FERRAZZANO, KIRSCHBAUM

No. 116362.

18 N.E.3d 884 (2014)

Morton S. GOLDFINE et al., Appellees, v. BARACK, FERRAZZANO, KIRSCHBAUM & PERLMAN et al., Appellants.

Supreme Court of Illinois.

October 2, 2014.


Attorney(s) appearing for the Case

J. Timothy Eaton , of Taft Stettinius & Hollister LLP, and Barry Levenstam , Irina Y. Dmitrieva , Kaija K. Hupila and Michael A. Scodro , of Jenner & Block LLP, all of Chicago, for appellants.

Edward T. Joyce and Rowena T. Parma , of the Law Offices of Edward T. Joyce & Associates, P.C., and Martin J. Oberman , all of Chicago, and Steven J. Plotkin , of Evanston, for appellees.

Michael T. Reagan , of Law Offices of Michael T. Reagan, of Ottawa, Daniel A. Cotter , of Chicago, and Paula Holderman and Charles J. Northrup , of Springfield, for amici curiae the Chicago Bar Association and the Illinois State Bar Association.

Leslie J. Rosen , of Chicago, for amicus curiae Illinois Trial Lawyers' Association.

Lisa Madigan , Attorney General, of Springfield ( Carolyn E. Shapiro , Solicitor General, and Jane Elinor Notz , Deputy Solicitor General, of Chicago, of counsel), for amicus curiae Illinois Secretary of State.


OPINION

Justice KILBRIDE delivered the judgment of the court, with opinion.

¶ 1 At issue in this appeal is the application of the civil remedies provisions of section 13(A) of the Illinois Securities Law of 1953 (Illinois Securities Law) (815 ILCS 5/1 et seq. (West 2010)) in calculating damages in a legal malpractice action.

¶ 2 Plaintiffs, Morton and Adrienne Goldfine, brought a legal malpractice action against defendant law firm...

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