Legal Opinion

Schwarz v. Sellers Markets, Inc.

District Court, N.D. Illinois

Decided September 7, 2011No. 11 C 501PublishedCited by 7 opinions

1Opinion of the Court

*935 Memorandum Opinion and Order

GARY FEINERMAN, District Judge.

Plaintiffs Steven E. Schwarz and Reena Levin brought this action against James Sellers, Deborah Sellers, Sellers Markets, Inc., Tennyson West LLC, Bancroft Partners LLC, Michael Schmitz, David Sloan, Aquillian Investments LLC, and Restaurant Solutions, Inc., alleging violations of SEC Rules 10b-3 and 10b-5, 17 C.F.R. §§ 240.10b-3, 240.10b-5, the Illinois Securities Act, 815 ILCS 5/1 et seq., and § 25401 of the California Corporation Code, as well as breach of contract, fraudulent inducement, and breach of fiduciary duty. Schwarz, an…

2Cases cited25 opinions

  1. The Bremen v. Zapata Off-Shore Co.Supreme Court of the United States · 1972
  2. Stewart Organization, Inc. v. Ricoh Corp.Supreme Court of the United States · 1988
  3. Carnival Cruise Lines, Inc. v. ShuteSupreme Court of the United States · 1991
  4. Aar International, Incorporated v. Nimelias Enterprises S.A., Vacances Heliades S.A. And Princess Airlines S.A.Court of Appeals for the Seventh Circuit · 2001
  5. Continental Casualty Company, an Illinois Insurance Company v. American National Insurance Company, a Texas Insurance CompanyCourt of Appeals for the Seventh Circuit · 2005

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3Cited by7 opinions

  1. Pence v. GEE Group, Inc.District Court, S.D. New York · 2017
  2. MATIAS v. ABBOTT LABORATORIES, INC.District Court, D. New Jersey · 2025
  3. MATIAS v. ABBOTT LABORATORIES, INC.District Court, N.D. Illinois · 2025
  4. Midwest Biomedical Resources Inc. v. Breas Medical Inc.District Court, N.D. Illinois · 2021
  5. Midwest Biomedical Resources Inc. v. Breas Medical Inc.District Court, D. Massachusetts · 2021

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