Young Soon Kim v. TD Ameritrade, Inc.

MEMORANDUM OPINION AND ORDER

ELAINE E. BUCKLO, District Judge.

Plaintiffs Young Soon Kim and II Joo Kim (the “Kims”) filed a two-count complaint against defendant TD Ameritrade, Inc. in the Circuit Court of Cook County. Both counts allege violations of Illinois Uniform Commercial Code (“Illinois UCC”), Articles 3 and 4. Count I alleges conversion of an instrument under 810 ILCS 5/34120, and Count II alleges improper charging of plaintiffs’ account under 810 ILCS 5/4-401. Defendant removed the action to this court. Defendant moves to dismiss plaintiffs’ complaint pursuant to Federal Rule of…