Rilwala Properties Management, LLC v. Sheth

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION HARESH SHAH and RILWALA PROPERTY MANAGEMENT, LLC, Plaintiffs, Case No. 19 C 2185 v. Judge Harry D. Leinenweber NISHANT K. SHETH and MADEIRA BOULEVARD INVESTMENTS, LLC, Defendants. MEMORANDUM OPINION AND ORDER Plaintiffs Haresh Shah and Rilwala Property Management, LLC bring this purported derivative suit against Defendant Nishant Sheth and nominal Defendant Madeira Boulevard Investments, LLC. Defendants move to dismiss on the grounds that Plaintiffs lack standing. For the reasons stated herein,…