Chicago lawyer sues Oxford Financial over management of late father's trust, lost investment returns
A Chicago lawyer and the son of a prominent Ft. Wayne, Ind., banking executive has sued a financial advisory firm he claims bungled the division of a trust established to manage the assets of his late father, saying the firm should be made to pay for allowing the trust to miss out on a bull market, costing the trust at least $2 million in potentially lost investment returns.
Land of Lincoln Health re-ups with University of Chicago, asks court to dismiss class action alleging it misled customers
On the heels of announcing it had resumed covering patients seeking health care through University of Chicago Medicine, Land of Lincoln Health has asked a Cook County judge to dismiss a class action lawsuit brought by two of its former customers who alleged the provider of Obamacare health insurance policies had misled people into buying policies under false premises.
Judge OKs deal ending washing machine class action vs Sears; mum on lawyers' request to get $6 million
More than 10,000 people who paid to fix problems with certain kinds of Kenmore and Whirlpool washing machines sold by Sears could be in line for some money in coming months, as a Chicago federal judge approved a settlement agreement to end nearly a decade of litigation over the reliability of those home appliances.
Chicago, Park Grill investors launch appeals, counter-appeals over rulings in Millennium Park restaurant deal fight
The legal fight over the fate of the Park Grill restaurant in Chicago’s Millennium Park will continue in the courts in 2016 and perhaps beyond, as the city of Chicago and the restaurant’s operators each prepare for appeals and counter-appeals of a Cook County judge’s decisions in a case over an allegedly crooked restaurant deal that has already cost taxpayers millions of dollars in legal fees and court costs.
Lawsuit claiming Ashley Madison faked female member profiles to dupe male customers headed to federal court
A Cook County man’s lawsuit, which alleges the Ashley Madison adultery website not only failed to protect personal information from hackers, but also two-timed male members through fake female profiles, could be headed from circuit court to Chicago federal court. In September, Matthew Lisuzzo filed a 10-count putative class-action suit in Cook County Circuit Court against Avid Life Media Inc., and the company’s law firm, Barnes & Thornburg.
While Chicago city officials sued the owners of the Park Grill restaurant to collect millions of dollars in taxes and fees that would otherwise have been paid into the city’s coffers, the years-long litigation which failed to persuade a judge the deal was too crooked has cost the city’s taxpayers millions in legal fees, as well. In September, Cook County Judge Moshe Jacobius shot down the lawsuit brought by Chicago City Hall to undo a deal cut by the Chicago Park District with a group of invest
Crestwood seeks to float bonds to fund possible $15 million settlement to end litigation over contaminated well water
A suburban Chicago village facing hundreds of lawsuits over allegations it knowingly allowed its residents to drink water contaminated with toxic, cancer-causing chemicals for decades has opted to move forward with a potential bond issue to potentially settle the litigation en masse later this year.