United States Seventh Circuit
Rivera v. Allstate Insurance Co., 17-1310
In an amended opinion, overturned a $27 million jury verdict obtained by four portfolio managers who were fired after being accused of engaging in improper trading practices. Held that the plaintiffs lacked standing to assert claims under the Fair Credit Reporting Act, and because of this, the district court was without power to exercise supplemental jurisdiction over their state law defamation claims. Remanded with instructions to dismiss the entire case for lack of subject matter jurisdiction.
Appellate Information
- Published 2019/01/14
Judges
- Sykes
Court
- United States Seventh Circuit