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Class action claims Bank of America charged improper inspection fee

By Jenie Mallari-Torres | Jul 17, 2018

A homeowner has filed a class action lawsuit against Bank of America, alleging she was assessed and forced to pay unauthorized inspection fees on a mortgaged property.

Estate rep says Bank of America allowed someone to withdraw $69K from man's account after his death

By Bree Gonzales | Jun 26, 2018

The administrator for the estate of Jose Valdez is suing Bank of America and a John Doe defendant, citing alleged negligence.

Bank of America, others prevail in class-action suit over consumer privacy

By Elizabeth Alt | Oct 12, 2017

A federal judge in Illinois has ruled that Bank of America and other banks were not in violation of consumer privacy acts and dismissed a class-action suit accusing the bank of improperly distributing the confidential information of homeowners who had borrowed mortgage loans.

Judge rejects 'totally implausible' kickbacks accusation leveled by state vs mortgage reinsurer, lenders

By Jonathan Bilyk | Jun 5, 2017

Calling the allegations “totally implausible,” a Chicago federal judge has tossed a lawsuit brought by the state of Illinois against Bank of America and a mortgage insurance company, which had accused the lender and insurer of working in a scheme to maximize their own profits by dumping high default risk onto another mortgage insurer, leaving borrowers unaware their mortgage insurance premiums were higher than they should be.

Plumbing company says property owners haven't paid nearly $38,000 for services

By Louie Torres | Apr 21, 2017

A Prairie View plumbing company is suing Meadows Market Two LLC, Bank of America, and various individuals, citing alleged breach of contract and unjust enrichment for failing to pay for services completed.

Man blames Hertz, others for consequences of alleged false car-theft accusation

By Louie Torres | Nov 11, 2016

A man is suing The Hertz Corporation, State Farm Mutual Automobile Insurance Company and The McKenzie Insurance Agency Inc., alleging breach of contract, breach of duty and intentional infliction of emotional distress, after he was allegedly falsely accused of stealing a car.

Man trying to resurrect his credit asks court to order Equifax to recognize he is not dead

By Scott Holland | Sep 9, 2016

A live human person filed a civil complaint in federal court in Chicago Aug. 22 asking a judge to order a credit reporting bureau to acknowledge he is not, in fact, dead. 

Cook County's predatory lending actions vs big banks on hold as Supreme Court takes up similar case

By Jonathan Bilyk | Jul 29, 2016

Cook County’s lawsuits against three of the country’s biggest banks over claims of predatory discriminatory lending targeted at minorities have been put on hold as the U.S. Supreme Court prepares to weigh in on an appeal brought by two of the banks, challenging the ability of local municipal governments, like Cook County, to sue under federal law.

Big banks not on the hook for failing to stop $14 million embezzlement by doctors' bookkeeper

By Scott Holland | May 6, 2016

Three big banks will not be on the hook for millions allegedly embezzled by the former bookkeeper for a group of Chicago area medical practices, after a federal judge agreed the banks had no duty to detect and thwart the fraud, which the doctors said cost them more than $14 million.

Interest rate swaps class action vs big banks could draw in 'tens of thousands' of public bodies with billions at stake

By Scott Holland | Feb 19, 2016

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.

Appeals panel: OK for bank, ad agency to settle for zero dollars, thwart accountant's countersuit vs bank in embezzlement suit

By Dan Churney | Feb 4, 2016

An Illinois appeals panel has backed a Cook County judge’s ruling that Bank of America and a Chicago advertising agency didn’t pull a fast one on a Skokie accountant, by reaching a zero-dollar settlement in a $1 million embezzlement lawsuit, saving the ad agency untold sums in legal fees and shielding the bank from the accountant’s countersuit.

Appellate panel: Chicago's three-mile radius car rental tax OK as tax on 'use' not 'transaction'

By Scott Holland | Sep 29, 2015

The city of Chicago can pull its controversial three-mile-radius car rental tax from the curb, after a state appellate panel determined the tax is a “use tax” assessed only on city residents using their rented vehicles in the city, and not an attempt to slap a transaction tax on vehicle rentals outside of city limits, which otherwise would have been an illegal extension of the city’s authority.

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