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GILBERT v. FIRST ALERT, INC.

No. 94 C 6760.

904 F.Supp. 714 (1995)

William B. GILBERT, Joan Behl, Lewis Bair and Seith Blate, Plaintiffs, v. FIRST ALERT, INC., Malcolm Candlish, Gary L. Lederer, David V. Harkins, Scott A. Schoen, Anthony J. Dinovi, Thomas H. Lee and Thomas H. Lee Company, Defendants.

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

August 21, 1995.

Attorney(s) appearing for the Case

Michael David Craig, Schiffrin & Craig, Ltd., Buffalo Grove, IL, Mark C. Gardy, Abbey & Ellis, New York City, Marc I. Gross, New York City, for plaintiff.

Jeffrey R. Tone, Scott Charles Solberg, Sidley & Austin, Chicago, IL, for defendants.

MEMORANDUM OPINION AND ORDER

ASPEN, Chief Judge:

Plaintiffs William Gilbert, Joan Behl, Lewis Bair and Seth Blate bring this putative class action complaint against defendants First Alert, Inc., Malcolm Candlish, Gary Lederer, David Harkins, Scott Schoen, Anthony Dinovi, Thomas H. Lee and the Thomas H. Lee Company ("THL Co."). They allege that First Alert committed a fraud on the market when it disseminated false information concerning its products...

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