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Litigation

During 2007, the Board of Governors was a party in one lawsuit and one appeal filed that year and in six other cases pending from previous years, for a total of eight cases; in 2006, the Board had been a party in a total of seven cases. As of December 31, 2007, six cases were pending.

Interactive Media Entertainment and Gaming Association, Inc. v. Federal Reserve System, No. 07-2625 (D. New Jersey, filed June 5, 2007), is an action challenging the implementation of the Unlawful Internet Gambling Enforcement Act of 2006.

Smith v. Bernanke, No. 07-1710 (Sixth Circuit, filed June 4, 2007), is an appeal of the dismissal of a district court action (No. 07-10453 (E.D. Michigan)) challenging the Federal Reserve's handling of appellant's consumer complaint.

Chandler v. Bernanke, No. 06-2082 (D. District of Columbia, filed December 6, 2006), is an employment discrimination action.

Price v. Bernanke, No. 06-1569 (D. District of Columbia, filed September 8, 2006), was an employment discrimination action. The action was dismissed voluntarily on November 20, 2007.

Inner City Press/Community on the Move v. Board of Governors, No. 05-6162 (Second Circuit, filed November 21, 2005), was an appeal of the district court's order (No. 04-CV-8337, 380 F. Supp. 2d 211 (S.D.N.Y. 2005)) granting in part and denying in part the Board's motion for summary judgment in a Freedom of Information Act case. On September 11, 2006, the court of appeals affirmed in part and reversed in part the ruling of the district court, and remanded the case. 463 F.3d 239. On March 20, 2007, the case was dismissed by stipulation of the parties.

Barnes v. Greenspan, No. 04-CV-1989 (CKK) (D. District of Columbia, filed November 15, 2004), is a case under the Age Discrimination in Employment Act.

Jones v. Greenspan, No. 04-CV-1696 (RMU) (D. District of Columbia, filed October 4, 2004), is an employment discrimination action. On December 13, 2005, the district court granted in part and denied in part the Board's motion to dismiss and for summary judgment. 402 F. Supp. 2d 294. On June 11, 2007, the court granted the Board's motion for summary judgment as to Counts I and II of the plaintiff's First Amended Complaint. 493 F. Supp. 2d 18.

Artis v. Greenspan, No. 01-0400 (D. District of Columbia, filed February 22, 2001), is an employment discrimination action. An identical action, No. 99-2073 (EGS) (D. District of Columbia, filed August 3, 1999), was consolidated with this action on August 15, 2001. On January 31, 2007, the District Court granted the Board's renewed motion to dismiss the action. 474 F. Supp. 2d 16. The plaintiffs' motion to alter or amend judgment is pending.

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