Investor demands stake he thinks he's owed should selfies replace signatures in credit card transactions
A startup company seems to believe its new technology can revolutionize the credit card transaction business, by allowing users to substitute a selfie for a signature when authorizing a purchase. And a Chicago businessman who invested in the venture believes he is being wrongly denied his cut of what he expects to be a windfall once the tech lands in the hands of the world’s largest processors of electronic payments.
Lakeview hotel operators bring class action over mobile banking app allowing checks to be cashed twice
Potential loopholes in a mobile banking application which could allow depositors to cash the bank notes more than once have prompted a Lakeview hotel business to bring a class action against JP Morgan Chase. Plaintiff 1409 West Diversey Corp., which does business as the Bellwood Hotel, filed its putative class action against JP Morgan Chase in Cook County Circuit Court Dec. 9, claiming its mobile check capture service allows bank customers to deposit checks more than once.
Judge says commodities traders chose wrong target when suing CME over high frequency traders' market manipulation
A federal judge has ruled a group of commodity traders who felt they had been harmed by the manipulative activities of so-called “high frequency traders” had misplaced their grievance when they filed a complaint against the Chicago Mercantile Exchange. The putative class action, represented by plaintiffs William Charles Braman, Mark Mendelson and John Simms, alleged the CME granted unfair advantages to certain classes of traders.
A federal appeals panel handed Cook County Sheriff Tom Dart a stinging defeat, saying the county’s chief law enforcement officer had trampled the free speech rights of the owners of the country’s second-largest provider of online classified advertising space when he and his office moved to stem funding to and potentially put the site out of business over concerns the site was used to facilitate prostitution and sex trafficking.
Executive job applicant cleared to sue company he claims phrased job ads to 'weed out' older applicants
A 59-year-old executive will be allowed to proceed with his age discrimination lawsuit against a San Diego-based maker of medical devices after a federal judge declined to dismiss his allegations the company that wouldn't give him an interview worded its open job listings in a way intended to discretely “weed out” older, more experienced applicants.
South Loop apartment building owners, managers hit with class action over unpaid security deposit interest
A South Loop apartment tenant who believes her landlords wrongly deprived her of interest on her security deposit, which she asserts is owed to her and other tenants under city ordinance, has brought a class action against her landlords, demanding they pay her and others like her double their money back, with interest. Cheryl McPhearson filed the class-action complaint Nov. 25 in Cook County Circuit Court.
Cook Circuit Clerk improperly collects fees on motions that aren't 'final,' class action lawsuit says
The Cook County Circuit Clerk’s office has been hit with a potential class action lawsuit, brought by litigants who claim the office has improperly collected fees for interlocutory motions filed over various questions arising while cases are still in process in Cook County Circuit Court. Midwest Medical Records Association filed the class-action complaint Nov. 19, naming Cook County Circuit Clerk Dorothy Brown, as well as co-defendants Cook County Treasurer Maria Pappasand the county itself.
Former business partners are at odds over the spoils of a Chicago Transit Authority telecommunications technology project. In a complaint filed Nov. 16 in Cook County Circuit Court, HCK Group, doing business as Informity Systems, brought 10 counts against Informity Network and its president Edita Arambulo, as well as former HCK employee Cynthia Chappell.
Class action alleges Osco Drug knew generic ADHD drugs they were distributing were less effective than brand name version
Osco Drug is facing a federal class action lawsuit over the sale of generic prescription drugs used to treat ADHD, which they allegedly knew were inferior to the brand name drug for which they were substituting. Chicago resident Alex Turetsky, parent of a minor identified as J.T., filed a complaint in federal court in Chicago this week against the companies doing business as Osco Drug.
A Chicago television station is facing legal action from a Chicago dentist covered in an investigative report aired by the station about one year ago. Irfan Atcha, a dentist who has practiced since 1996, is pursuing a defamation lawsuit against Chicago ABC affiliate station WLS-TV, as well as against ABC itself and ABC’s parent company, Disney. Atcha is a Chicago resident. He operates Dyer Family Dentistry in Dyer, Ind., as well as No Dentures, of Chicago.