Space v. EF Hutton & Co.

On November 21, 1986, plaintiff Dennis Space filed a complaint against defendant E.F. Hutton, seeking to recover $28,000 he lost on a number of transactions in securities, alleging defendant’s agent violated the Illinois Securities Law of 1953 (Securities Law) (Ill. Rev. Stat. 1987, ch. 121½, par. 137.1 et seq.). Pursuant to agreement, the case was submitted to the circuit court of Macon County with plaintiff’s discovery deposition and written arguments. On December 6, 1988, the court found for defendant. Plaintiff now appeals.

This action is brought pursuant to the Securities Law, also known…