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PANOS TRADING LLC v. FORRER

No. 1-22-0451.

218 N.E.3d 505 (2023)

2023 IL App (1st) 220451

PANOS TRADING LLC, Plaintiff, v. Richardo FORRER, Joseph Hayes, and Jacques Fernandes, Defendants-Appellees (Louis Panos, Third-Party Respondent-Appellant).

Appellate Court of Illinois, First District, THIRD DIVISION.

Filed March 29, 2023.

Attorney(s) appearing for the Case

Andrew R. Schwartz , of Schwartz & Kanyock, LLC, of Chicago, for appellant.

Charles J. Risch and Katelyn M. Hodgman , of Lawrence Kamin LLC, of Chicago, for appellees.

OPINION

¶ 1 Richardo Forrer, Joseph Hayes, and Jacques Fernandes (collectively, the Forrer Group) are former members of Panos Trading LLC (Panos Trading), an Illinois limited liability company that was engaged in the proprietary trading of financial instruments. After...

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