Judge: IL law doesn't force Zillow to get appraisers' license to publish online home value 'zestimates'
Saying the plaintiffs are asking the court to misread and misapply an Illinois state law, a Chicago federal law has crashed a class action lawsuit against Zillow, which had accused the operators of the real estate website of essentially appraising property without a license, and then using their online home value estimate tool as a marketing ploy to drive business by hampering home sellers’ efforts to sell their home for what they believe it should be worth.
Comparing their “zestimates” – proprietary online estimates of homes’ values – to editorials published by newspapers or ratings and reviews of various products and services published in print and online, the operators of real estate website Zillow have asked a Chicago federal judge to dismiss a class action lawsuit brought by a north suburban lawyer and the owners of a Schaumburg-based home development company accusing Zillow of improperly hampering their efforts to sell their homes for what the plaintiffs believe they are worth.
A north suburban lawyer has expanded her quarrel with real estate website Zillow, agreeing to shelve her personal lawsuit over her home’s “zestimate” – an online estimate of a home value, created and published by Zillow - to pursue a class action lawsuit representing untold numbers of others whose efforts to sell their homes have been hampered by Zillow’s popular estimating feature.
Lawyer: Zillow 'Zestimate' illegal appraisal hampering home's sale; Zillow: Only estimate, not appraisal
A lawyer in suburban Glenview who is attempting to sell her home has asked the courts to step into her dispute with real estate listing site Zillow over the site’s “Zestimate” of her home, calling the site’s approximation of her home’s value a “sloppy, computer-driven appraisal” of her home, created without her consent and in violation of state law.
$4.25M deal ends litigation vs Northern Trust over 'hundreds of millions' in losses for public pensions
A Chicago federal judge has signed off on a $4.25 million settlement to end years of litigation between financial investment firm Northern Trust Co. and a host of public worker retirement plans in Chicago and elsewhere in the U.S. over claims Northern Trust’s allegedly risky investment decisions had led to hundreds of millions of dollars in losses for the retirement programs when markets crashed at the onset of the Great Recession.
A pair of former delivery drivers has filed a class action lawsuit against the trucking company that employed them and against Internet behemoth Amazon, the merchant whose cargo they were delivering and who they allege acted as their "joint employer," saying the companies wrongly didn't pay overtime, making them earn less than what state and federal law requires.
About a month since a federal judge dismissed its lawsuit against Rabobank for allegedly cornering the bankruptcy banking services market through an alliance with a developer of bankruptcy case management software, a Chicago law firm has reintroduced its allegations, this time in a class action antitrust lawsuit directed at the software maker it alleges has conspired with its competitors to overcharge those depositing bankruptcy funds.
Class action vs legal directory Avvo to stay in Chicago federal court, after judge allows lead plaintiffs' swap
Faced with the possibility the class action lawsuit could be transferred to a court more than 2,000 miles away in the Pacific Northwest, the lawyers suing online attorney directory Avvo have swapped in a different Chicago attorney, who also is the son of a once-powerful Chicago alderman, to replace the original named plaintiff, whose history with Avvo could have triggered provisions in Avvo’s user agreement, which could have kicked the case to a federal court in Seattle.