Class Claims Escrow Office ‘Imploded’ | Courthouse News Service
Tuesday, November 28, 2023
Courthouse News Service
Tuesday, November 28, 2023 | Back issues
Courthouse News Service Courthouse News Service

Class Claims Escrow Office ‘Imploded’

CHICAGO (CN) - American Escrow and its officers took property tax and insurance money from hundreds or thousands of homeowners but shut down without paying the money owed or giving refunds, a class action claims in Federal Court.

Plaintiffs say the Chicago-based office and its Highland Park-based principals took money from customers in at least 11 states, until it "imploded," and shut down in March, with no warning.

Plaintiffs estimate damages of more than $5 million. They are represented by Mike Kanovitz with Loevy & Loevy.

The law office, coincidentally, is about a block from the old American Escrow office.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.