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A Chicago federal appeals panel has upheld a lower court ruling that boarded up a class action antitrust suit against Georgia Pacific and Westrock, which alleged they conspired to fix prices for containerboard. Judges again found the companies were not colluding, but rather making parallel moves in reaction to the market.
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A Chicago federal judge has boxed up a class action antitrust suit against two containerboard companies, which alleged the companies conspired to fix prices, saying plaintiffs may have raised prices and cut production, but defendants failed to show the acts were part of a scheme and not simply reactions to the market.
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A Chicago federal bankruptcy judge has been asked to sign off on a $22 million settlement, intended to lay to rest claims against a now bankrupt taxi company, brought by a Chicago lawyer who was left with brain damage and other injuries after the taxi in which he was riding crashed into a concrete median in 2005.
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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.
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Two portfolio managers are suing Aviva Investors North America Inc. and Aviva Investors Americas LLC, citing alleged breach of contract for failing to pay bonuses they say they earned.
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A group of steel makers, led by Chicago-based ArcelorMittal USA, have beaten down a class-action antitrust lawsuit filed by more than a dozen consumers, who alleged the companies schemed to raise prices for goods made with steel, by pointing out the consumers were too far down the distribution line from the steel manufacturers to claim losses.
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Robert Breuder, recently fired president of College of DuPage, whose final days on the job were marked by a storm of controversy, has sued four members of the college's board, alleging he was fired, not for performance reasons, but as a result of a conspiracy among board members and outside political groups to target him to further a contrived political agenda.
