Naperville Business Attorney Discusses Wells Fargo and the Importance of Consumer Trust

Over the last few months, much has been published by news outlets and other sources—including here on this blog—about the unauthorized opening of customer accounts by employees at Wells Fargo, the nation’s third-largest bank. Since September of last year, two separate settlements have been announced to put the matter to rest, each of which included […]

Business Disputes: A Litigation Expectation

Only a small percentage of business litigation cases in Illinois ever result in a court trial. The vast majority of Illinois business legal disputes are settled out of court through agreement prior to any court intercession. Negotiations resulting in a settlement are less costly and take far less time than litigation, and are generally in […]

HP Wins Lawsuit Against Oracle

It’s more bad news on the legal front for Oracle. HP has won its lawsuit against Oracle. A California judge has ruled that Oracle breached its contract when it decided to drop support for HP’s Itanium servers for future versions of Oracle’s database software. The judge told Oracle it must continue to make database products […]

Merkin Settlement Opposed By Trustee

The New York Times reported a story from Reuters, saying a trustee for the victims of Bernard L. Madoff is trying to block a $410 million settlement. The settlement would resolve New York’s claims against a Wall Street hedge fund manager who is accused of steering money into Madoff’s Ponzi scheme. Irving H. Picard, the trustee, asked the Federal […]

Wells Fargo to Settle Racism Allegations with $175 Million

According to a Chicago Tribune article, the nation’s largest residential mortgage initiator, Wells Fargo, has been accused of unfairly discriminating against minority borrowers.  These allegations state that Wells Fargo violated fair-lending laws when dealing with eligible African American and Hispanic borrowers from 2004 to 2009.  This date range was during the housing boom and affected […]

Safety Called into Question at Illinois Gun Range

A local business in Elmwood Park had a bad visit from OSHA on January 21st 2012.  OSHA, or the Occupational Safety and Health Administration, is a government body that ensures safe and healthy work environments.  Illinois Gun Works Ltd. was cited for 28 alleged safety violations, which corresponds to over $100,000 worth of fines.  Illinois […]

Nike Forks Over $7.6 Million in Race Discrimination Lawsuit

According to the Chicago Tribune, Nike finally settled a lawsuit that was filed in 2003, which alleged that Nike discriminated against former and current employees of African American descent, for 7.6 million dollars. It was a class action lawsuit representing 400 current and former employees that worked at Niketown in Chicago between 1999 and the day […]

Illinois Bakery and Former Pastry Chef Settle Business Dispute Outside of Court

According to a recent article in the Chicago Tribune, Evanston bakery owner Susan Davis Friedman filed suit against former pastry chef Maryann Huppert in the Cook County Circuit Court, alleging that Huppert had stolen a binder containing key bakery recipes, including one of the bakery’s signature items, the Cinnamon Bomb. In her lawsuit, Friedman claimed […]

Chicago Cubs Owners Settle Business Dispute

A Chicago family-owned business recently went up against the owner of the Chicago Cubs in a legal battle regarding the sale of Cubs memorabilia. The dispute revolved around the right to sell Cubs souveniers at an intersection across the street from Wrigley Field’s front gate, and according to WLS am, the parties recently reached a […]