REIN v. DAVID A. NOYES & CO.

No. 79168.

665 N.E.2d 1199 (1996)

172 Ill.2d 325

Arlie J. REIN et al., Appellants, v. DAVID A. NOYES & COMPANY et al., Appellees.

Supreme Court of Illinois.

Rehearing Denied June 3, 1996.


Attorney(s) appearing for the Case

Richard W. Husted, Dundee, for Arlie J. Rein.

William J. Foote, David W. Schopp, Dreyer, Foote, Streit, Furgason & Slocum, Aurora, for David A. Noyes and Company.


Justice MILLER delivered the opinion of the court:

On March 17, 1993, plaintiffs, Arlie J. Rein, Brenda H. Rein, Robert H. Miller, Donald C. Miller, and Lorraine Fehrmann, filed a 12count complaint in the circuit court of Kane County against defendants, David A. Noyes and Company (Noyes), a securities dealer, and its agents, John F. Rath and Ronald E. Ainsworth. The complaint alleged that defendants fraudulently misrepresented the character of certain securities that...

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