Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Monday, October 5, 2026
Courthouse News Service
Monday, October 5, 2026 | Back issues
Courthouse News Service Courthouse News Service

Pension Scam

The Chicago Transit Authority Retiree Health Care Trust sued Dilworth Paxson LLP, its former attorney Timothy Anderson, and Greenberg Traurig LLP in Cook County Court, claiming they were negligently involved in “the issuance of $43 million in worthless bonds … to unwitting public pension funds.”

CHICAGO —  The Chicago Transit Authority Retiree Health Care Trust sued Dilworth Paxson LLP, its former attorney Timothy Anderson, and Greenberg Traurig LLP in Cook County Court, claiming they were negligently involved in “the issuance of $43 million in worthless bonds … to unwitting public pension funds.”

Categories / Financial, Law

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.