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Headlines/Breaking News from Cincinnati Business Courier - bizjournals.com
Judge Anthony Calabrese of the Cuyahoga County Court of Common Pleas has certified a class action lawsuit against E*Trade on behalf of all state residents who may have been affected when the company's computer systems crashed several times between 1998 and 2000.
Judge Anthony O. Calabrese of the Cuyahoga County Court of Common Pleas has certified the case as a class action, allowing the case to proceed on behalf of all Ohio residents that had an E*TRADE when its computer systems crashed.E*TRADE has produced documents in the case indicating there may be as many as 99,000 potential customers in the class.
The suit, filed on behalf of the plaintiffs in Ohio by the law firm of Webster & Webster LLP
, alleges that E*TRADE knowingly expanded its customer base so fast that the company was unable to handle the projected volume of trades, causing E*TRADE's computers to crash on a number of occasions.E*TRADE has admitted in its Annual Reports that its growth has posed problems.According to one report on file with the SEC
, "The rapid growth in the use of our services has strained our ability to adequately expand technologically.As we acquire new equipment and applications quickly, we have less time and ability to test and validate hardware and software, which could lead to performance problems."
Judge Anthony O. Calabrese ...
Judge Anthony O. Calabrese Jr.Judge Anthony O. Calabrese Jr. of the Eighth District Court of Appeals served as a visiting judge on the Supreme Court of Ohio today and heard oral arguments in one case.Judge Calabrese also sat on the Supreme Court as a visiting judge in November 2006.Judge Calabrese
was selected by Chief Justice Thomas J. Moyer to sit in place of Justice Robert R. Cupp, who recused himself from State of Ohio v. Christopher Mays, (Case No. 2007-1302).
"We are pleased to have Judge Calabrese
fill in for Justice Cupp today and provide a full complement of seven justices," Chief Justice Moyer said.
has sat on the Eighth District Court of Appeals
since 2003.The court serves Cuyahoga County
and hears cases from county, municipal and common pleas courts as well as original actions in habeas corpus, mandamus, prohibition, procedendo and quo warranto.
"Of course it is any judge's goal to sit on the highest state court," Judge Calabrese
said."I believe it is a high honor and distinction, and I am humbled by the selection of the Chief Justice to sit on the Court." Judge Calabrese
served on the Cuyahoga County Court
of Common Pleas, General Division, from February 1991 to January 2003.Prior to his appointment to the bench, Calabrese worked in private practice.Calabrese also served as a state representative for Cuyahoga County for three terms and was a member of the Cleveland-Cuyahoga County Port Authority for 10 years. Calabrese is a graduate of the National Judicial College and served as special counsel for the Ohio Attorney General.He received his undergraduate degree from John Carroll University and his juris doctorate from Cleveland-Marshall College of Law where he serves today as an honorary trustee.
Jennifer Jordan | FOX8.com â€“ Cleveland news & weather from WJW Television FOX 8
CLEVELAND - Three local attorneys, including Anthony Calabrese III, have been indicted on bribery charges, Cuyahoga County Prosecutor Timothy McGinty... Read More ›
The defendant's wife, Maria, and ...
The defendant's wife, Maria, and his father, former Common Pleas Judge Anthony Calabrese Jr., were present along with about a dozen family members and supporters.
Few defendants figured into more criminal schemes than Calabrese
later instructed Sinagra to kick back some of the money to two unidentified relatives.
was not engaging in any debauchery or Vegas trips or any other behavior that would jeopardize his
family time," according to the sentencing memorandum.
While Dimora and Russo were embarking on gambling junkets - financed in part by one of Calabrese
's clients - Calabrese "remains a family man, a contributor to the community, a churchgoer and a friend and supporter to many," the memo states.
negotiated a contract with the Staubach Co.
, which recommended that the county buy the downtown Ameritrust complex for a new headquarters.
The county bought the complex for $21.8 million, invested millions more in asbestos removal and a parking garage, then abandoned the plans for the building. (The county has since sold the complex and a developer is building a new county headquarters on the site.)
The other dropped charge accused Calabrese
of influencing the Alternatives Agency
to hire a business that employed an unnamed relative.
still faces unrelated criminal charges in Common Pleas Court, where he
and two other Cleveland lawyers are accused of attempting to bribe two sexual-assault victims in exchange for their requesting no jail time for the man accused of the attacks.
Calabrese, along with lawyers Marc G. Doumbas and G. Timothy Marshall, have pleaded not guilty to the charges and are awaiting trial.