Securities — calculating damages, adding interest

Posted August 26, 2013 2:42 PM

Where a plaintiff has brought a successful suit under Illinois Securities Law, any money eventually recovered by the plaintiffs from the securities is not deducted from the money owed until after the interest on the money owed has been calculated. The Illinois Appellate Court, 1st District, 6th Division, affirmed in part and reversed and remanded in part a decision by Cook County Circuit Judge Dennis J. Burke. The cause of action central to this case involved the plaintiffs, Morton and Adrienne Goldfine, making 11 …

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