United States Seventh Circuit
Anderson v. Aon Corp., 09-1144
In plaintiff's suit against a corporation alleging a holder claim under California law and RICO, the latter claim which plaintiff dismissed, claiming that but for the corporation's fraud, he would have sold the stock before its price dropped, district court's judgment dismissing the complaint under Rule 12(b)(6) after determining that Illinois law supplies the rule of decision is reversed and remanded as California would elect to use its own law and would entertain plaintiff's holder action as plaintiff is a citizen of California, he sold his business in California to defendant and received the corporation's stock there.
Appellate Information
- Argued 09/18/2009
- Decided 07/26/2010
- Published 07/26/2010
Judges
Court
- United States Seventh Circuit