Valasquez v. City of Chicago

Plaintiffs, Juan Valasquez and Cora Sue Roberts, individually and as class representatives on behalf of all persons similarly situated, appeal the dismissal of their class action suit against defendant City of Chicago (the City) for failure to state a cause of action. Plaintiffs’ complaint, filed October 9, 1990, sounded in conversion and alleged that the City improperly failed to credit them and other past and current participants in the City’s deferred compensation plan (the Plan) with interim interest which accrued between the time of withholding and payment to the Plan’s administrator for…