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LINCOLNSHIRE L.P. v. ESSEX, LLC

No. 02 C 5854.

244 F.Supp.2d 912 (2002)

LINCOLNSHIRE L.P., an Illinois Limited Partnership, Plaintiff, v. ESSEX, LLC, an Illinois Limited Liability Company, and Jeffrey L. Goldberg Defendants.

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

December 31, 2002.

Attorney(s) appearing for the Case

James Arthur McGurk, Chicago, IL, for Plaintiff.

David E. Bennett, Timothy E. Bennett, Timothy J. Carroll, Vedder, Price, Kaufman & Kammholz, Chicago, IL, for Defendants.

MEMORANDUM ORDER AND OPINION

MORAN, Senior District Judge.

In Blue Chip Stamps v. Manor Drug Stores, 421 U.S. 723, 95 S.Ct. 1917, 44 L.Ed.2d 539 (1975), the Supreme Court took a somewhat restrictive view of the scope of Rule 10b-5's requirement that the deception be "in connection with the purchase or sale of any security." It concluded that it is not enough that potential purchasers were discouraged from buying...

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