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766347 ONTARIO LTD. v. ZURICH CAPITAL MARKETS INC.

No. 02 C 3223.

249 F.Supp.2d 974 (2003)

766347 ONTARIO LTD.; the James F. Boughner Foundation; Ellen Frymire; and Salateen International Ltd., Plaintiffs, v. ZURICH CAPITAL MARKETS INC., et al., Defendants.

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

January 23, 2003.

Attorney(s) appearing for the Case

Constantine John Gekas, Gekas & Associates, Ltd., Chicago, IL, for Plaintiffs.

MEMORANDUM OPINION AND ORDER

ST. EVE, District Judge.

Defendants have moved to dismiss Plaintiffs' First Amended Complaint for failure to state a claim upon which relief can be granted. For the reasons set forth below, Defendants' motion is granted in part and denied in part.

BACKGROUND

This is an action arising out of Plaintiffs' purchase of various interests in a limited partnership called Asset Allocation. Plaintiffs lost the...

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