Cozzi Iron & Metal, Inc. v. U.S. Office Equipment, Inc.

Williams, Circuit Judge.

Cozzi Iron & Metal, Inc. (“Cozzi”) filed this counterclaim against GreatAmerica Leasing Corp. (“GreatAmerica”) and U.S. Office Equipment, Inc. (“U.S.Office”) alleging that their failure to modify the terms of ten written leases constituted common law fraud and a violation of the Illinois Consumer Fraud and Deceptive Business Practices Act (“Illinois Consumer Fraud Act”).1 The district court, sitting in diversity jurisdiction, dismissed the coun*573terclaim for failure to state a claim. We affirm the dismissal of the common law fraud cause of action, but reverse and remand…