State tax inquiry not 'adversarial' enough to thwart lawsuit vs Best Buy over unpaid sales taxes: Appeal panel
Retail chain Best Buy can’t use an Illinois state investigation of its sales practices to sidestep a lawsuit brought by the owners of a Schaumburg Maytag appliance store, ostensibly on behalf of the state, accusing Best Buy, among other retailers, of sales tax fraud by misclassifying certain appliance sales as construction installations, a state appeals panel has ruled.
A Cook County judge has given a preliminary nod to a class action settlement, which could make audio-video cable manufacturer Monster pay around $30 million to buyers of one of its cable products, after determining a man who had filed a separate lawsuit against Monster made misrepresentations while objecting to the proposed settlement.
Appeals panel: Lawyer who defended Wheatland Bank officers can't force bank's insurer to pay $113K in fees
A state appeals court has again turned aside an attempt by an attorney who represented two top officers at a failed bank to stick the bank's insurance company with a six-figure legal services bill, saying a trial judge was correct to side with the insurer, who argued the stiffed lawyer should have been suing the bank officers he represented.
Neighborhood drug stores demand $1.5B, accuse Walgreens, Prime Therapeutics, Blue Cross of conspiracy
As his earlier similar lawsuit faces the threat of dismissal, a Palos Heights lawyer has lodged another antitrust action demanding Walgreens, Prime Therapeutics and the parent company of Blue Cross Blue Shield shell out $1.5 billion for allegedly conspiring to drive small “mom-and-pop” neighborhood drug stores out of business by cutting off their access to reimbursement under Medicaid, Medicare and Blue Cross.
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.
John L. Steele, an indicted Chicago lawyer who served as one of the principals at Prenda Law, has pleaded guilty to federal charges stemming from his role in an alleged shakedown scheme allegedly designed to entrap and extract millions of dollars in settlements from those accused of illegally downloading internet porn.