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Class action: KraftHeinz allowed investors on board to insider trade, dodge billions in stock losses

By Jonathan Bilyk | Apr 26, 2019

KraftHeinz has been hit with a class action brought by a group of investors who accuse the company of allowing one of its leading investors to engage in insider trading, using information not available to other investors to avoid billions of dollars in losses to the value of the company’s stock.

Appeals panel: Parents can sue paint makers for kids' lead screening costs, even though covered by Medicaid

By Dan Churney | Sep 11, 2018

A Chicago appellate court has overturned a lower court’s dismissal of a class action by parents who wanted paint companies to pay for mandatory tests of their children to see if the children had lead in their blood, finding the parents still hold the right to sue the companies, even though Medicaid footed the bill.

Harvey, pension funds reach deal on dividing up embargoed state money, end court fight over pension funding

By Jonathan Bilyk | Jul 27, 2018

In a deal that could set a precedent for other financially struggling municipalities to follow, the city of Harvey has reached a deal with its police and firefighter pension funds to end a court fight over how much of the money Harvey gets from the state of Illinois the city should be allowed to spend on current day-to-day operations, rather than police and fire department retirees’ pensions.

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