WEIT v. CONTINENTAL ILLINOIS NAT. BANK & TRUST CO.

No. 70C1926.

467 F.Supp. 197 (1978)

Jack WEIT, James B. Cox and Robert W. McLallen, on behalf of themselves and all others similarly situated, Plaintiffs, v. CONTINENTAL ILLINOIS NATIONAL BANK AND TRUST COMPANY OF CHICAGO, a corporation, Harris Trust and Savings Bank, a corporation, Pullman Bank and Trust Company, a corporation, Central National Bank in Chicago, a corporation, American National Bank and Trust Company of Chicago, a corporation, all other Illinois banks similarly situated, and Midwest Bank Card System, Inc., a corporation, Defendants.

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

December 22, 1978.


Attorney(s) appearing for the Case

Herbert J. Bell, pro se.

Arnold I. Shure, Chicago, Ill., for H. James Rosenberg.

C. D. Kasson, Hinsdale, Ill., Burditt & Calkins, Chicago, Ill., for John T. Jenos.

James E. Beckley, A Professional Corp., Chicago, Ill., for plaintiffs.

Francis A. Beninati, Chicago, Ill., John P. Meyer, Danville, Ill., Jeffrey Jahns, Jon R. Waltz, Dennis C. Waldon, William T. Huyck, Roan & Grossman, William R. Warnock, Chicago, Ill., for plaintiffs.

Jerald P. Esrick, Max Wildman, Wildman, Harold, Allen & Dixon, Chicago, Ill., for Pullman Bank and Trust Co., a corporation.

Bryson P. Burnham, John D. Donlevy, Bertram M. Long, Mayer, Brown & Platt, Chicago, Ill., for Continental Illinois Nat. Bank and Trust Co. of Chicago, a corporation.

Winston & Strawn, Demetri J. Retson, Chicago, Ill., for Central Nat. Bank in Chicago, a corporation.

Kirkland & Ellis, Carl S. Lloyd, Chicago, Ill., for American Nat. Bank and Trust Co. of Chicago, a corporation and all other Illinois banks similarly situated.

Christine H. Rosso, Chapman & Cutler, Keehn Landis, Chicago, Ill., for Harris Trust and Savings Bank, a corporation.

George W. Groble, pro se.


Memorandum

LEIGHTON, District Judge.

This is a class action brought by three charge cardholders in the Midwest Bank Card System, Inc., and its successor, the Interbank-Master Charge Bank Card System, Inc., against five Chicago banks1 for alleged violations of sections 1 and 2 of the Sherman Act, 15 U.S.C. §§ 1, 2. The gist of the claim is that defendants conspired to fix the rate of interest charged for extended payment...

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