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STROMPOLOS v. PREMIUM READERS SERVICE

No. 70 C 3238.

326 F.Supp. 1100 (1971)

Elaine STROMPOLOS, on behalf of herself and all other customers similarly situated of Premium Readers Service, Plaintiffs, v. PREMIUM READERS SERVICE, and the Unknown Owner or Owners of Premium Readers Service, Defendant.

United States District Court, N. D. Illinois, E. D.

May 18, 1971.

Attorney(s) appearing for the Case

Weinstein, Myer, New & Berlin, Chicago, Ill., for plaintiffs.

Ward, Lussier & Dee, Chicago, Ill., for defendant.

MEMORANDUM OPINION

WILL, District Judge.

The issue presented by defendant's motion for summary judgment is whether Section 226.1 et seq. of Volume 12 of the Code of Federal Regulations (otherwise known as and hereinafter referred to as Regulation Z) is a regulation constitutionally promulgated by the Federal Reserve Board within the scope of the authority granted to it by the Truth in Lending Act (hereinafter referred to as the Act), 15 U.S.C. § 1601...

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