Top News

Cook County judge indicted over mortgage fraud scheme

Jonathan Bilyk Apr. 12, 2017, 6:00pm

Cook County Judge Jessica Arong O'Brien has been indicted for her alleged role in a mortgage fraud scheme, which took place a few years before she was elected to the Cook County bench.

Judge: Banks not on hook to shield businesses from employees who use app to double-deposit checks

Jonathan Bilyk Aug. 9, 2016, 2:17pm

A Lakeview hotel business will not be allowed to press its class action claim JP Morgan Chase should be held responsible for fraud perpetrated by people using Chase’s mobile banking app to double-deposit checks, creating legal and financial headaches for those issuing the checks.

Nine IL lawyers disbarred, 12 others suspended by State Supreme Court

Jonathan Bilyk Jun. 20, 2016, 10:05am

Nine lawyers – including one convicted of sexually assaulting a young woman in her hotel room, and a former downstate prosecutor who allegedly tampered with official state’s attorneys computer files after learning he wouldn’t be promoted to the top prosecutor job in his county – have been disbarred by the Illinois Supreme Court. The state’s high court also suspended an additional dozen other attorneys for a range of alleged violations.

Interest rate swaps class action vs big banks could draw in 'tens of thousands' of public bodies with billions at stake

Scott Holland Feb. 19, 2016, 8:31pm

Two Mississippi and Alabama hospitals and the county that includes the cities of Biloxi and Gulfport, Miss., have squared off in Chicago federal court with many of the country’s biggest financial institutions over so-called interest rate swaps — an issue now impacting governments and other public bodies throughout the country, including Chicago’s public schools system.

Lakeview hotel operators bring class action over mobile banking app allowing checks to be cashed twice

Scott Holland Dec. 15, 2015, 5:36pm

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.

IDOT seeks court's OK to acquire, buy private property for U.S. Route 14 project

Kelly Issacs Jul. 18, 2014, 9:30am

The Illinois Department of Transportation is seeking a court order to acquire property so it can widen and reconstruct U.S. Route 14 at Wilke Road in Cook County.

Woman sues JP Morgan, claims she was injured by Chicago ATM

Annie Cosby Jun. 11, 2014, 3:30pm

A bank and corporation that handles consumer transaction technologies are facing a lawsuit from a woman who claims she was injured by the cash dispenser of an ATM.