Mr. Cherry will be speaking at the Second Annual Comprehensive Conference on Litigating Class Actions in Chicago, Illinois on December 6, 2012. For more information on this Conference and the topic on which Mr. Cherry will be speaking, see http://www.lawseminars.com/seminars/12CLASSIL.php
October 25, 2012 – Myron M. Cherry & Associates, LLC files class action lawsuit against Wells Fargo Bank for its practice of misrepresenting to its customers the requirements of qualifying for Federal mortgage modification programs. On October 25, 2012, Myron M. Cherry & Associates, LLC filed a class action lawsuit against Wells Fargo Bank over its practices relating to mortgage modifications. The suit alleges that, in spite of receiving billions of dollars in taxpayer bailout money, Wells Fargo actively thwarted efforts of consumers to participate in federal loan modification programs. More specifically, the suit alleges that Wells Fargo routinely advised customers that they must miss mortgage payments or otherwise be in default on their loan in order to qualify for a loan modification under the Federal government’s Home Affordable Modification Program (“HAMP”). When customers followed this advice, Wells Fargo charged customers substantial fees and penalties, reported delinquent payments to the credit reporting agencies and, ultimately, failed to actually modify the mortgage – leaving customers in need of assistance in an even worse position. Click here to read the lawsuit. Click here to read the Chicago Tribune’s coverage of the lawsuit. For more information about this case, or if you have been the victim of this practice or any other illegal mortgage practices, please contact us at (312) 372-2100.
September 24, 2012 – Judge enters order unsealing whistle blower complaint and directing that the action be prosecuted by Myron M. Cherry & Associates, LLC. On July 19, 2012,
Myron M. Cherry & Associates, LLC filed a whistle blower action on behalf of a former
employee of ATI Physical Therapy, one of the largest physical therapy providers in Illinois. The
suit alleges, among other things, that ATI Physical Therapy charged private insurance companies
for certain physical therapy services that are billed in 15 minute time increments when those
services were actually performed for substantially less time than the full 15 minutes and as
low as 5 minutes – a practice referred to as the "5 minute rule." On September 24, 2012, the
Court ordered that the case be unsealed and prosecuted by the law firm of Myron M. Cherry &
Associates, LLC. If you are aware of similar billing practices or any other type of overbilling of
the government, government programs or private insurance companies, and would like to discuss
these issues or any potential whistle blower claims you may have please contact us at (312) 372-
August 15, 2012 – Myron M. Cherry & Associates, LLC files FINRA arbitration complaint
against Morgan Stanley in connection it recommendations to clients to buy Blockbuster
bonds. On August 15, 2012, Myron M. Cherry & Associates filed a FINRA arbitration
complaint against Morgan Stanley. The complaint alleges that Morgan Stanley recommended
Blockbuster bonds to its clients at a time when Morgan Stanley allegedly knew Blockbuster was
headed to bankruptcy. The complaint alleges that Morgan Stanley recommended Blockbuster
bonds to its clients as a good investment even though Morgan Stanley did not believe it was a
good investment and had no reasonable basis to make such a recommendation. The complaint
seeks damages for losses suffered by investor as a result of Morgan Stanley's recommendations.
For more information about this case, or if you have lost money as a result of this or any other
investment advice, please contact us at (312) 372-2100.
April 27, 2012 – Myron M. Cherry & Associates files class action against the Sherriff of
Cook County for unlawfully detaining individuals who were acquitted of wrongdoing at
trial. On April 27, 2012, Myron M. Cherry & Associates filed a class action lawsuit against
Cook County, Illinois and the sheriff of Cook County for unlawful detention. The suit alleges
that individuals who were held in jail prior to a trial, and who were acquitted at trial, were
unlawfully detained following their acquittal. The suit requests damages to compensate the
victims and seeks to change the policies and procedures that enable the unlawful detention. For
more information about this case, or if you are a victim of unlawful detention or other civil rights
violation, please contact us at (312) 372-2100.
Myron M. Cherry & Associates is investigating unlawful practices in the mortgage lending
industry. Government investigations have revealed that banks and other mortgage professionals
engaged in a number of illegal practices. Some of the illegal practices include: misrepresenting
the requirements to apply for mortgage modification programs, charging illegal and excessive
fees after missed payments, and misapplying payments. If you have been the victim of these or
any other illegal mortgage practices, please contact us at (312) 372-2100.
2010 -Myron M. Cherry & Associates recovers $44 Million for a Class of Senior Pilots of United Air Lines:
Chicago Tribune - February 12, 2006 - Myron Cherry discusses a $25.5 Million legal malpractice
settlement obtained for his client, one of the largest settlements or verdicts
recorded in a legal malpractice case.
Illinois Super Lawyers - 2005 - Myron Cherry is featured in the 2005 edition of Illinois Super Lawyers
White House Press Release - January 18, 2001 - President Clinton appoints Myron M. Cherry to the United States Holocaust Memorial Council
White House Press Release - October 30, 1998 – President Clinton appoints
Myron M. Cherry as Arbitrator to the International Center for Settlement of
Cigar Lifestyles - Spring 1997 - Myron Cherry's legal successes are profiled in cover story in Cigar Lifestyles
Crain's Chicago Business - September 2-8, 1996 - Myron Cherry at the 1996 Democratic National Convention
Wall Street Journal - March 10, 1978 - Myron Cherry's legal battles with the nuclear power industry are profiled on the front page of the Wall Street Journal.