Legal Opinion
Tregenza v. Lehman Brothers, Inc.
Appellate Court of Illinois
Decided March 5, 1997No. 1-95-1631PublishedCited by 18 opinions
1Opinion of the CourtJustice Cahill
We review a complaint alleging common law causes of action arising out of a securities transaction. The trial court found that the action was time-barred by the three-year statute of limitations in the Illinois Securities Law of 1953. 815 ILCS 5/13(D) (West 1992). Plaintiff argues that since his complaint does not rely on the Securities Law, the five-year statute of limitations set out in section 13—205 of the Illinois Code of Civil Procedure (735 ILCS 5/13—205 (West 1992)) should apply. We affirm.
Plaintiff W. Kenneth Tregenza purchased stock from defendant Lehman Brothers, Inc., on October…
2Cases cited2 opinions
- W. Kenneth Tregenza, James E. Haas, and Erwin B. Seegers v. Great American Communications Company and Shearson Lehman Brothers, IncorporatedCourt of Appeals for the Seventh Circuit · 1993
- Tregenza v. Great American Communications Co.District Court, N.D. Illinois · 1993
3Cited by18 opinions
- Orgone Capital III, LLC v. Keith DaubenspeckCourt of Appeals for the Seventh Circuit · 2019
- Steven Menzies v. Seyfarth Shaw LLPCourt of Appeals for the Seventh Circuit · 2019
- Allstate Insurance v. Countrywide Financial Corp.District Court, C.D. California · 2011
- Klein v. George G. Kerasotes Corp.Court of Appeals for the Seventh Circuit · 2007
- Carpenter v. Exelon Enterprises Company, LLCAppellate Court of Illinois · 2010
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