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GANDHI v. SITARA CAPITAL MANAGEMENT, LLC

Case No. 09 C 3141.

689 F.Supp.2d 1004 (2010)

Shailja GANDHI, Revocable Trust (November 6, 2002), Amit Vyas, M.D., and Mihir "Mick" Majmundar, M.D., Plaintiff, v. SITARA CAPITAL MANAGEMENT, LLC, and Rajiv Patel, Defendant.

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

February 9, 2010.

Attorney(s) appearing for the Case

Richard Carl Leng, Law Offices of Richard C. Leng, Barrington, IL, for Plaintiff.

Daryl M. Schumacher, The Law Offices of Daryl M. Schumacher, P.C., James L. Kopecky, James L. Kopecky, P.C., Chicago, IL, for Defendant.

MEMORANDUM OPINION & ORDER

JOAN B. GOTTSCHALL, District Judge.

Plaintiffs Shailja Gandhi, Revocable Trust (November 6, 2002) (the "Trust"), Amit Vyas, M.D., and Mihir "Mick" Majmundar, M.D., brought this eighteen-count action asserting federal and state causes of action related to the loss of their investment in defendant Sitara Partners, L.P. ("Sitara Partners") which, they allege, was managed by defendants Rajiv Patel and Sitara Capital Management...

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