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  5. 754 F.Supp. 1226 (1990)
 

RESHAL ASSOCIATES, INC. v. LONG GROVE TRADING CO.

No. 90 C 2591.

754 F.Supp. 1226 (1990)

RESHAL ASSOCIATES, INC., Reshal Associates Pension Plan, Reshal Associates Profit Sharing Plan, Robert Reese, David Hoialmen, and Gloria Sicilliano, Plaintiffs, v. LONG GROVE TRADING COMPANY, Sterling Financial Advisory Services, Inc., David B. Roberts, and Thomas A. Hopkins, Defendants.

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

December 13, 1990.

Attorney(s) appearing for the Case

Ronald P. Kane, Barbara L. Yong, Diane C. Fischer, Siegan, Barbakoff & Gomberg, Chicago, Ill., for plaintiffs.

Barry B. Gross, Clifford E. Yuknis, Cheryl D. Chamberlain, Shefsky & Froelich Ltd., Chicago, Ill., for defendants.

MEMORANDUM OPINION AND ORDER

ROVNER, District Judge.

I. INTRODUCTION

Defendants in this case allegedly misrepresented the nature of various investments which they recommended and sold to plaintiffs, and plaintiffs have brought suit on a number of fraud-related theories. Pending is defendants' motion to dismiss the complaint. For the reasons stated below, defendants' motion is granted in part and denied in part.

II. FACTS

For purposes...

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