Kingsbury Capital, Inc. v. Kappel

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION KINGSBURY CAPITAL, INC., ) WILLIAM D. VELLON, ASHER D. ) WOLMARK, and KINGSBURY ) CAPITAL, LLC, ) ) Plaintiffs, ) ) No. 20 C 800 v. ) ) Judge Sara L. Ellis DENISE KAPPEL, ) ) Defendant. ) OPINION AND ORDER On May 17, 2017, Defendant Denise Kappel instituted an arbitration proceeding against Plaintiffs Kingsbury Capital, Inc., William D. Vellon, Asher D. Wolmark, and Kingsbury Capital, LLC (the “Kingsbury Parties”), alleging that the Kingsbury Parties had not properly compensated Kappel for certain sales of securities.…