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Federal judge to allow class action vs Bridgeview Bank over loan officer OT pay

Scott Holland Dec. 29, 2016, 3:35pm

A Chicago federal judge has signed off on an order certifying a class of plaintiffs suing Bridgeview Bank for not properly paying its loan officers.

Part-time clerk or not, man must face arbitration over accusations he stole data before leaving UBS for competitor, judge says

Dan Churney Oct. 29, 2015, 10:47pm

A Chicago federal judge has refused to halt arbitration proceedings brought by investment firm UBS Financial Services against a former clerk, whom UBS has alleged helped steal company information with which to lure away customers. Alexander Freund worked as a part-time clerk for UBS in Chicago from Nov. 7, 2011, to Feb. 15, 2012, when he left to work for Wells Fargo.

Chicago bar, nightclub developers sue over partner's alleged pilfering of $2 million

Scott Holland Oct. 29, 2015, 10:25am

Two men who allege a business partner treated their Chicago bar, restaurant and nightclub businesses as his “personal piggybank,” taking $2 million in the process, have sued their former partner in Cook County Circuit Court. Plaintiffs Brian Galati and Chireal Jordan, bar, restaurant and nightclub developers, are shareholders and members of The Cue Club and Capacity Bar Group.

Former part-time clerk asks judge to rein in UBS' efforts to lasso him in FINRA arbitration worth millions

Dan Churney Sep. 15, 2015, 10:32am

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.