Hidell v. International Diversified Investments
Court of Appeals for the Seventh Circuit
1Per curiam
Defendants Donald and Sally Rosenbloom and International Diversified Investments (“I.D.I.”) appeal from a district court judgment that they violated § 10(b) of the Securities Exchange Act of 1934,1 S.E.C. Rule 10b-5,2 and § 12 of the Illinois Securities Act3 during the solicitation of subscription agreements for the purchase of I.D.I. stock. The court awarded plaintiffs Thomas and Dorothy Hidell $25,000 and intervening plaintiff Harold Frieh $30,000. Plaintiffs also received interest, costs and reasonable attorney’s fees.4
In late 1970 and early 1971 the Rosenblooms had spoken with Frieh about…
2Cases cited30 opinions
- Securities and Exchange Commission v. Manor Nursing Centers, Inc.Court of Appeals for the Second Circuit · 1972
- Myzel v. FieldsCourt of Appeals for the Eighth Circuit · 1967
- List v. Fashion Park, Inc.Court of Appeals for the Second Circuit · 1965
- Parrent v. Midwest Rug Mills, Inc.Court of Appeals for the Seventh Circuit · 1972
- Lennerth v. MendenhallDistrict Court, N.D. Ohio · 1964
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3Cited by19 opinions
- White v. New Hampshire Department of Employment SecuritySupreme Court of the United States · 1982
- Delong Corporation v. Raymond International, IncCourt of Appeals for the Third Circuit · 1980
- Burton M. Abrams and Marguerite M. Abrams v. Interco IncorporatedCourt of Appeals for the Second Circuit · 1983
- Memphis Sheraton Corporation, Cross-Appellant v. Billy J. Kirkley and Robert McCullough Cross-AppelleesCourt of Appeals for the Sixth Circuit · 1980
- Fed. Sec. L. Rep. P 99,459 S.Y. Wang v. Earl Dean Gordon & Inland Real Estate Corp., an Illinois Corp., DefendantsCourt of Appeals for the Seventh Circuit · 1983
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