Illinois State Treasurer Mike Frerichs
State Government: Agencies/Departments/Divisions | Elected Statewide Officeholders
Recent News About Illinois State Treasurer Mike Frerichs
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Appeals panel OKs shut down of class action vs Frerichs over handling of IL college savings plans
Judges said it is not their place to determine how the state treasurer was supposed to manage the funds, or what kinds of fees his office can collect from plan participants. -
Judge denies suit over IL debt, says court can't rule if lawmakers violated state constitution's 'specific purpose' rule
A judge in Springfield has refused to permit a lawsuit to continue which asserted the state’s constitution never intended to allow the state government from using debt, issued under the state’s bonding authority, to pay for operating expenses. The plaintiff in the case has vowed to appeal, saying the judge reached a wrong and hasty conclusion on the questions at the heart of the dispute. -
Appeals court gives new chance to class action vs IL treausurer over sales of unclaimed property
A federal appeals panel has again tossed a ruling from a Chicago federal jude, saying he ignored its earlier opinion in an ongoing dispute over how much the Illinois Treasurer’s Office owes to people whose unclaimed property it sold. -
Class action: IL Treasurer Frerichs mishandling administration of 529 college savings plans
A Lake County resident has sued Illinois Treasurer Michael Frerichs, accusing him of mishandling the state’s college savings plans and improperly assessing fees on participants.