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SPENTA ENTERPRISES, LTD. v. COLEMAN

No. 08 C 0495.

574 F.Supp.2d 851 (2008)

SPENTA ENTERPRISES, LTD., an Illinois corporation, and Hoshang R. Karani, Plaintiffs, v. Chizuco COLEMAN, and Robert Coleman, Defendants.

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

August 4, 2008.

Attorney(s) appearing for the Case

Ralph C. Hardesty, Hardesty & Associates, Chicago, IL, for Plaintiffs.

David Alan Kaufman, David A. Kaufman and Associates, Northbrook, IL, Jeremy J. Kramer, Northbrook, IL, for Defendants.

MEMORANDUM OPINION AND ORDER

ROBERT W. GETTLEMAN, District Judge.

Plaintiffs Spenta Enterprises, Ltd. ("Spenta") and Hoshang R. Karani ("Karani") have filed a nine-count complaint against defendants Chizuco and Robert Coleman arising from Spenta's purchase of 100 percent of Coleman Fire Proof Door Co.'s existing stock. The complaint alleges breach of contract (Counts I, II, III, VII, and VIII); federal securities fraud in violation of section 10(b...

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