Schack says those suits have similarities to this case against Apple, and most of those suits were settled.

FORBES: Class-Action Suit Filed Against Apple

David Franklin and Alexander Schack, who in the early 90s represented consumers and dealers in lawsuits against wireless service providers.

FORBES: Class-Action Suit Filed Against Apple

"Stadium construction is not a way to boost economic activity in the neighborhood in fact in many cases it can do the exact opposite, " said Constantine Kontokosta, a professor at New York University's Schack Institute of Real Estate.

WSJ: London Developers Hope for Olympic-Size Boom