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LEGALAPPROVED

City of Chicago Committee on Finance Meeting Summary April 15 2026

Finance Committee backs $9.5M Carl Reed settlement

$9,500,000City of ChicagoREED, CARLApril 15, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Committee on Finance approved a $9,500,000 settlement with Carl Reed in the federal case against Richard Zuley and others. The order authorizes the Corporation Counsel to finalize and execute the settlement agreement.

Contract Details

Contract Amount

$9,500,000

Vendor

REED, CARL

Agency

City of Chicago, IL

Contract Type

LEGAL

Document Date

April 15, 2026

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