United States Seventh Circuit

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Rivera v. Allstate Insurance Co., 17-1310

Overturned a $27 million jury verdict obtained by four former portfolio managers, who claimed that they were defamed when they were fired for allegedly engaging in improper trading practices. Held that their defamation claims failed for lack of evidence that they were injured by the publicly traded company's statements, which did not specifically identify them. Also held that they lacked standing to assert claims under the Fair Credit Reporting Act.

Appellate Information

  • Decided
  • Published 2018/10/31


  • Sykes


  • United States Seventh Circuit


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