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DARDICK v. ZIMMERMAN

No. 01 C 2223.

149 F.Supp.2d 986 (2001)

Nathan H. DARDICK, Plaintiff, v. Martin E. ZIMMERMAN, et al., Defendants.

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

June 27, 2001.

Attorney(s) appearing for the Case

Harvey Joel Barnet, William Henry London, Melinda J. Morales, Much, Shelist, Freed, Denenberg, Ament & Rubenstein, P.C., Chicago, IL, for Plaintiff.

Jerold Sherwin Solovy, Daniel Francis Lynch, Fred Robert Garzino, Matthew George Borgula, Jenner & Block, Chicago, IL, for Defendants.

MEMORANDUM OPINION AND ORDER

SHADUR, Senior District Judge.

This action, in which Nathan Dardick ("Dardick") charges seven individual defendants with securities fraud in connection with the sale of common stock and preferred stock (the latter via private placement) of publicly traded corporation LINC Capital, Inc. ("LINC"), has been met by defendants' Fed.R.Civ.P. ("Rule") 12(b)(6) motion to dismiss. According to defendants, the tighter constraints...

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