Santore v. Swaminathan

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION VICTOR SANTORE, et al., ) ) No. 17 CV 5742 ) Plaintiffs, ) ) v. ) Magistrate Judge Young B. Kim ) NARAYANAN SWAMINATHAN, ) ) March 1, 2018 Defendant. ) MEMORANDUM OPINION and ORDER Plaintiffs Victor Santore, Alexis Humphreys, Mariela Humphreys, Mirza Abbas Raza, Vinay Kadam Sadashiv, Banmeet Saluja, Harish Singh, and Manjit Singh bring this action against Defendant Narayanan Swaminathan alleging that he violated Section 10(b) of the Securities Exchange Act of 1934 (“Exchange Act”), 15 U.S.C. § 78j(b), and Rule 10b-5,…