Builders Bank v. Barry Finkel & Associates

Plaintiff, Builders Bank, brought this action against defendant Barry Finkel & Associates, EC., to recover losses allegedly sustained from defendant’s professional malpractice and negligent misrepresentation. Plaintiff alleges that it relied upon reviewed financial statements that defendant prepared for Urkov Manufacturing Company (UMC) for purposes of lending UMC $1.5 million. Defendant filed a motion to dismiss pursuant to section 2—619 of the Code of Civil Procedure (the Code) (735 ILCS 5/2—619 (West 2000)). The trial court granted defendant’s motion to dismiss plaintiffs amended…