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IL appeals panel: Email from Chicago lawyer doesn't mean court fight between OH firm, NV biz belongs in Cook County
A state appeals court has shot down a Cook County judge's ruling, finding the judge was wrong to assert Chicago was the proper venue for a law firm headquartered in Ohio to sue a company based in Nevada, even though an email sent from Chicago was the only connection the defendant claimed it had in Illinois.
Judge: UBS can't use arbitration clause to sidestep class action by fired employees over bonus payments
A federal judge has denied an attempt by UBS to sidestep a class action suit accusing the company of terminating employees to avoid paying their bonuses.
A Chicago federal judge has dismissed a lawsuit against the Financial Industry Regulatory Authority Inc. (FINRA), saying the regulatory agency can't be sued by fired brokers who claimed they didn't get a fair shake in arbitration against their former employers.
Former part-time clerk asks judge to rein in UBS' efforts to lasso him in FINRA arbitration worth millions
A former clerk with UBS Financial Services in Chicago went to Chicago federal court last week, arguing the Financial Industry Regulatory Authority has no jurisdiction over him in a multi-million dollar arbitration action, brought against him by UBS for allegedly breaching his employment contract. On Sept. 10, Alexander Freund lodged a two-count complaint against New Jersey-headquartered UBS Financial Services, seeking declaratory judgment and an injunction.