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FE DIGITAL INVESTMENTS LTD. v. HALE

No. 06 C 4807.

499 F.Supp.2d 1054 (2007)

FE DIGITAL INVESTMENTS LIMITED, Plaintiff, v. Lyric Hughes HALE, Defendant.

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

August 3, 2007.

Attorney(s) appearing for the Case

David M. Simon, Wildman, Harrold, Allen & Dixon, Chicago, IL, for Plaintiff.

Paul Daniel Streicher, Diana M. Tremback, Fedota Childers, P.C., Chicago, IL, for Defendant.

MEMORANDUM ORDER

SHADUR, Senior District Judge.

FE Digital Investments Limited ("FE Digital") has sued Lyric Hughes Hale ("Hale"), tendering two counts asserting breach of contract and one count asserting common-law fraud. FE Digital charges Hale, Chief Executive Officer of China On-line ("China Online"), with having recklessly misrepresented the financial health of that corporation in September 2001 when Digital contracted to purchase a block of...

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