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TAM v. LO

No. 97 C 2179.

968 F.Supp. 1326 (1997)

Patrick TAM, Plaintiff, v. Michael LO, Joseph Chan, Joseph Tam and International Buffet King, L.L.C., Defendants.

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

July 7, 1997.

Attorney(s) appearing for the Case

Robert T.W. Hoy, Chicago, IL, for Plaintiff.

Paul J. Maganzini, Maganzini & McMahon, Lombard, IL, for Defendants.

MEMORANDUM OPINION AND ORDER

ALESIA, District Judge.

This matter is before the Court on Defendants' motion to dismiss pursuant to Federal Rule of Civil Procedure 12(b)(6). For the reasons set forth below, the motion is granted in part and denied in part.

I. BACKGROUND

Plaintiff Patrick Tam invested $73,000 in Defendant International Buffet King ("IBK"), an Illinois limited liability company. In exchange for his...

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