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NANLAWALA v. JACK CARL ASSOCIATES, INC.

No. 86 C 5343.

669 F.Supp. 204 (1987)

Mohmed and Amina NANLAWALA, Plaintiffs, v. JACK CARL ASSOCIATES, INC., et al., Defendants.

United States District Court, N.D. Illinois, E.D.

August 20, 1987.

Attorney(s) appearing for the Case

Leslie A. Blaue, Philip A. Powers, Ruberry, Phares, Abramson & Fox, Chicago, for plaintiffs.

William G. Schopf, Jr., Steven A. Weiss, Mindy S. Trossman, Isham, Lincoln & Beale, Chicago, for defendants.

MEMORANDUM OPINION AND ORDER

WILLIAM T. HART, District Judge.

Plaintiffs Mohmed ("Mike") and Amina Nanlawala bring this action against defendants Jack Carl Associates, Inc., a futures commission merchant, and Jeff Atkins and Neal Sears, two employees of Jack Carl. Plaintiffs seek damages under a variety of theories for losses they sustained while trading in commodity futures in two accounts with Jack Carl, a discount trading account ("the Discount Account...

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