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WHEATEN v. MATTHEWS HOLMQUIST & ASSOCIATES, INC.

No. 94 C 1134.

858 F.Supp. 753 (1994)

Ken WHEATEN and Peter Albanese, Plaintiffs, v. MATTHEWS HOLMQUIST & ASSOCIATES, INC., Peter Matthews, Paul Holmquist, Scott Flynn, Tom A. Calise, Financial Corporation of America, Inc., and Tac & Associates, Inc., Defendants.

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

July 12, 1994.

Attorney(s) appearing for the Case

Fay Clayton, Robinson, Curley & Clayton, P.C., Michael A. Childers, Robinson Curley & Clayton, Chicago, IL, for Ken Wheaten, Peter Albanese.

Jeffry Mark Henderson, Henry Karl Becker, Patrick Gerard King, Henderson & Becker, Chicago, IL, for Matthews Holmquist & Associates, Inc., Peter Matthews, Paul Holmquist.

Phillip Leon Stern, Derek J. Meyer, Freeman, Freeman & Salzman, P.C., Chicago, IL, David A. Orenstein, Parsinen, Bowman & Levy, Minneapolis, MN, for Scott Flynn.

Jack P. Rimland, Michael Joseph Barton, Jr., Chicago, IL, for Tom A. Calise, Tac & Associates, Inc.

Joseph Michael Fitzsimmons, Matthew Thomas Caruso, Fitzsimmons, Roberts & Paine, Oakbrook Terrace, IL, for Financial Corp. of America, Inc.

Diane Christine Fischer, Michael Alan Kraft, Siegan, Barbakoff, Gomberg & Kane, Ltd., Chicago, IL, for Frank Albanese.

MEMORANDUM OPINION AND ORDER

NORDBERG, District Judge.

Before the Court is Defendant Financial Corporation of America, Inc.'s ("FCA") Motion for Summary Judgement. FCA asserts that it is entitled to judgement as a matter of law on Counts I, II and IV of the Complaint which are the only counts directed against FCA.

FACTUAL BACKGROUND

In their Complaint, Plaintiffs allege that on or about April 2, 1993, Defendant Tom Calise, a registered...

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