Introducing ATLASLearn more
Legal Opinion

Tirapelli v. Advanced Equities, Inc.

Appellate Court of Illinois

Decided July 30, 2004No. 1-03-2463PublishedCited by 41 opinions

1Opinion of the CourtJustice Gallagher

Plaintiffs Ronald Tirapelli and Michael Webb brought suit against defendants Lee Wiskowski, Jack Pressman, Advanced Equities (Advanced), OptimalPath Digital Network (Optimal), and Telecom Capital Group (TCG) seeking rescission and damages based on alleged violations of sections 12(F), 12(G), and 12(1) of the Illinois Securities Law of 1953 (Illinois Securities Law) (815 ILCS 5/12(F), (G), (I) (West 1998)), as well as common law fraud. Plaintiffs alleged that they purchased shares of TCG in reliance on oral statements not found in the written agreement for the sale of the shares and that those…

2Cases cited14 opinions

  1. Jimmy Walker v. J.T. O'brien, and Joseph W. Finfrock v. Craig A. HanksCourt of Appeals for the Seventh Circuit · 2000
  2. Aaron v. Securities & Exchange CommissionSupreme Court of the United States · 1980
  3. Soules v. General Motors Corp.Illinois Supreme Court · 1980
  4. People v. WhitlowIllinois Supreme Court · 1982
  5. Arnold R. Rissman v. Owen Randall Rissman and Robert Dunn GlickCourt of Appeals for the Seventh Circuit · 2000

9 more not listed; retrieve them via the Exa API.

3Cited by41 opinions

  1. Steven Menzies v. Seyfarth Shaw LLPCourt of Appeals for the Seventh Circuit · 2019
  2. ABN AMRO, Inc. v. Capital International Ltd.District Court, N.D. Illinois · 2008
  3. Benson v. StaffordAppellate Court of Illinois · 2010
  4. Bauer v. GiannisAppellate Court of Illinois · 2005
  5. Jacobus v. Binns (In Re Binns)United States Bankruptcy Appellate Panel for the Eighth Circuit · 2005

36 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

View API DocsGet API Key

Powered by the Exa API