O'Rourke & Moody
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Video gambing operators: Oak Lawn video gambling 'penny per play' tax illegal, unconstitutional
Village said tax would raise more than $500,000 annually to help pay for services and pensions, and avoid big property tax hike. -
Illinois video gaming firm accused of breach of revenue-sharing contract
A video game terminal operator is suing Accel Entertainment Gaming LLC, alleging it is owed funds due to a breach of revenue-sharing contract. -
Judge says commodities traders chose wrong target when suing CME over high frequency traders' market manipulation
A federal judge has ruled a group of commodity traders who felt they had been harmed by the manipulative activities of so-called “high frequency traders” had misplaced their grievance when they filed a complaint against the Chicago Mercantile Exchange. The putative class action, represented by plaintiffs William Charles Braman, Mark Mendelson and John Simms, alleged the CME granted unfair advantages to certain classes of traders.