Court dismisses credit-reporting antitrust claims
Daily Legal News
Two of the three U.S. credit- reporting companies, TransUnion LLC and Experian PLC, won a court bid to dismiss antitrust claims filed by credit-score provider Fair Isaac Corp.
U.S. District Judge Ann Montgomery in Minneapolis granted a motion July 24 to throw out Fair Isaac’s claims that TransUnion and Experian, along with Equifax Inc., tried to monopolize the credit-scoring market when they formed a joint venture and announced the VantageScore credit-reporting model in 2006.
The suit claimed the bureaus tried to use VantageScore to eliminate Fair Isaac’s FICO score, which it licenses to the three credit-reporting companies. Equifax settled the case on undisclosed terms in 2008.
In the decision, Montgomery also dismissed Fair Isaac’s contract and false advertising claims against TransUnion and Experian. She declined a request to dismiss claims the two credit-reporting companies violated Fair Isaac’s trademarks.
In a statement Monday, Fair Isaac, which now calls itself FICO, said it believes that “VantageScore remains an illegal presence in the market” and plans to appeal Monday’s decision after a trial on the remaining claims in the case.
Related listings
-
Wis. court backs $5.6M fee award against Microsoft
Daily Legal News 11/02/2010An appeals court is ordering Microsoft Corp. to pay $5.6 million to a national law firm involved in a Wisconsin antitrust case against the software giant. Zelle, Hofmann, Voelbel & Mason LLP represented consumers who bought Microsoft equipment in...
-
U.S. court revives antitrust suit on music downloads
Daily Legal News 11/02/2010The U.S. Second Circuit Court of Appeals in New York said a lower court judge erred in dismissing the complaint alleging violations of the federal Sherman Act in October 2008. Among the named defendants in the case are Bertelsmann AG, EMI Group, Sony...
-
Mitsubishi files antitrust suit against GE
Daily Legal News 11/02/2010Mitsubishi filed an antitrust lawsuit Thursday against General Electric Co., accusing the company of monopolizing part of the wind-turbine market and making "baseless" patent-infringement claims against Mitsubishi to gain a competitive edge. The suit...
Illinois Work Injury Lawyers – Krol, Bongiorno & Given, LTD.
Accidents in the workplace are often caused by unsafe work conditions arising from ignoring safety rules, overlooking maintenance or other negligence of those in management. While we are one of the largest firms in Illinois dedicated solely to the representation of injured workers, we pride ourselves on the personal, one-on-one approach we deliver to each client.
Work accidents can cause serious injuries and sometimes permanent damage. Some extremely serious work injuries can permanently hinder a person’s ability to get around and continue their daily duties. Factors that affect one’s quality of life such as place of work, relationships with friends and family, and social standing can all be taken away quickly by a work injury. Although, you may not be able to recover all of your losses, you may be entitled to compensation as a result of your work injury. Krol, Bongiorno & Given, LTD. provides informed advocacy in all kinds of workers’ compensation claims, including:
• Injuries to the back and neck, including severe spinal cord injuries
• Serious head injuries
• Heart problems resulting from workplace activities
• Injuries to the knees, elbows, shoulders and other joints
• Injuries caused by repetitive movements
For Illinois Workers’ Compensation claims, you will ALWAYS cheat yourself if you do not hire an experienced attorney. When you hire Krol, Bongiorno & Given, Ltd, you will have someone to guide you through the process, and when it is time to settle, we will add value to your case IN EXCESS of our fee. In the last few years, employers and insurance carriers have sought to advance the argument that when you settle a case without an attorney, your already low settlement should be further reduced by 20% so that you do not get a “windfall.” Representing yourself in Illinois is a lose-lose proposition.