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March 2020 Archives

Bank accused of fraudulently opening customer accounts

Many of our readers remember the scandal involving Wells Fargo back in 2016. Employees were opening millions of fake accounts for real customers in an effort to meet sales goals, which are typically tied to compensation. That was just one of the allegations of fraud against the bank.

The consequences of terminating a franchise agreement

The benefits of buying into a franchise are numerous. You are a small business owner in Illinois with the support of a corporation behind you. Your chances of success are higher because you are working with a proven brand with well-established practices for success. The franchise you choose may offer you all the training you need, and you will likely have support and marketing help along the way.

Former tech exec files for bankruptcy after $179 million judgment

A former executive with Google who went on to work for Uber has filed for Chapter 11 bankruptcy after he was ordered to pay Google $179 million for sharing trade secrets and other contract violations. An arbitration panel hearing the case had recommended an award of $127 million to Google. However, a court added legal fees and interest payments to that amount, increasing it by more than $50 million.

Illinois college student sues for excessive force, false arrest

It was just over a year ago when the swim team from East Illinois University (EIU) was returning to the Charleston campus after a championship tournament in South Dakota. The bus the team was riding on pulled off Interstate 80 near an East Moline rest stop.

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