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ZIEMACK v. CENTEL CORP.

No. 92 c 3551.

856 F.Supp. 430 (1994)

Janet ZIEMACK, Kenneth Z. Slater, and Ellen Z. Slater, Herbert Eisenstadt, Joseph Meyer, Harvey Meyer, and Brenda Drucker, Plaintiffs, v. CENTEL CORPORATION, John P. Frazee, Jr., and J. Stephen Vanderwoude, Defendants.

United States District Court, N.D. Illinois, Eastern Division.

June 7, 1994.

Attorney(s) appearing for the Case

Michael David Craig, Richard S. Schiffrin, Schiffrin & Craig, Ltd., Buffalo Grove, IL, for plaintiffs.

Christina M. Tchen, Susan Getzendanner, Matthew Robert Kipp, Skadden, Arps, Slate, Meagher & Flom, Chicago, IL, for defendants.

MEMORANDUM OPINION

BRIAN BARNETT DUFF, District Judge.

This case comes before this court on defendants' Motion to Dismiss plaintiffs' Consolidated Second Amended Complaint pursuant to Fed.R.Civ.P. 9(b) and 12(b)(6). For the reasons stated below, this court denies the motion.

BACKGROUND

This is a securities fraud class action in which the plaintiff alleges violations of the federal securities laws and common law fraud. The...

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