Legal Opinion

Schafer v. Graf

District Court, N.D. Illinois

Decided May 5, 2021No. 1:18-cv-08236Unknown

1Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION DAVID SCHAEFER, JOSEPH LUTSCH, and ) JASON LUTSCH, ) ) Plaintiffs, ) ) No. 18 C 8236 v. ) ) Judge Sara L. Ellis MICHAEL GRAF, also ) known as MICHAEL GRAF JR., ) ) Defendant. ) OPINION AND ORDER Plaintiffs David Schaefer, Joseph Lutsch, and Jason Lutsch lost $84,129.62 that they invested in CryptoCoin Associates I LLC (“CryptoCoin”). As a result, they filed this lawsuit against CryptoCoin, Byron Graf (managing member of CryptoCoin), and Michael Graf (Byron’s father) alleging breach of contract, constructive fraud,…

2Cases cited15 opinions

  1. Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
  2. Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
  3. Kevin Sterk v. Redbox Automated Retail, LLCCourt of Appeals for the Seventh Circuit · 2014
  4. United States v. Damon Keith FisherCourt of Appeals for the Tenth Circuit · 1994
  5. Cyan, Inc. v. Beaver County Employees Retirement FundSupreme Court of the United States · 2018

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