A Lakeview hotel business will not be allowed to press its class action claim JP Morgan Chase should be held responsible for fraud perpetrated by people using Chase’s mobile banking app to double-deposit checks, creating legal and financial headaches for those issuing the checks.
Nine lawyers – including one convicted of sexually assaulting a young woman in her hotel room, and a former downstate prosecutor who allegedly tampered with official state’s attorneys computer files after learning he wouldn’t be promoted to the top prosecutor job in his county – have been disbarred by the Illinois Supreme Court. The state’s high court also suspended an additional dozen other attorneys for a range of alleged violations.
On the heels of stock prices that slipped following recent reports that federal investigators will investigate its accounting, Boeing has been targeted by a federal class action alleging the aerospace manufacturer misled investors using alleged accounting tricks to hide potential losses.
Two Mississippi and Alabama hospitals and the county that includes the cities of Biloxi and Gulfport, Miss., have squared off in Chicago federal court with many of the country’s biggest financial institutions over so-called interest rate swaps — an issue now impacting governments and other public bodies throughout the country, including Chicago’s public schools system.
Potential loopholes in a mobile banking application which could allow depositors to cash the bank notes more than once have prompted a Lakeview hotel business to bring a class action against JP Morgan Chase. Plaintiff 1409 West Diversey Corp., which does business as the Bellwood Hotel, filed its putative class action against JP Morgan Chase in Cook County Circuit Court Dec. 9, claiming its mobile check capture service allows bank customers to deposit checks more than once.
The Illinois State Supreme Court has disbarred a Highland Park attorney who a state lawyer discipline panel found had sexually harassed five female former employees, a neighbor and a woman he did not know who was walking down the street. On Nov. 17, the Illinois Attorney Registration and Disciplinary Commission announced it had disbarred Paul M. Weiss and four other attorneys, while suspending 13 others.
The Police Retirement System of St. Louis has filed a federal class action lawsuit against nearly two dozen U.S. banks, claiming the institutions have been manipulating the U.S. Department of Treasury’s market since 2008, violating federal anti-monopoly and anti-trust statutes by sharing with each other competitively sensitive information to move prices in their favor, to the detriment of the class members.
A Chicago attorney who made millions pursuing copyright and computer hacking litigation on behalf of businesses purporting to hold the rights to pornographic videos is being accused of carrying out a shakedown scheme in courts in Chicago, as well as in St. Clair County and other jurisdictions around the country.Illinois Attorney Registration and Disciplinary Commission Administrator Jerome Larkin on Aug. 20 brought seven charges against lawyer John L. Steele over his conduct in courts that also
BryThe owners of a Chicago men's clothing store are suing their former manager, their former accountant and their bank, J.P. Morgan Chase, for the embezzlement of hundreds of thousands of dollars over the course of four years.According to a lawsuit filed March 12 in Cook County Circuit Court, Arthur and Lisa Holstein, as well as their men's clothing business, Isle of Man, are suing J.P. Morgan Chase;
The Illinois Department of Transportation is seeking a court order to acquire property so it can widen and reconstruct U.S. Route 14 at Wilke Road in Cook County.
A bank and corporation that handles consumer transaction technologies are facing a lawsuit from a woman who claims she was injured by the cash dispenser of an ATM.