If New York files a lawsuit, it may prove a model for other states. On Monday, Florida Attorney General Pam Bondi said her office, was monitoring compliance with the standards and was in contact with several banks on behalf of complainants.
In addition to BofA and Wells Fargo, the settlement includes Citibank, JPMorgan Chase and Ally Financial/GMAC.
Under the settlement, Smith can require banks to fix servicing problems, but only if their failures exceed an acceptable margin of error, says Mark Ladov, a lawyer with the Brennan Center for Justice at New York University.
New York to sue banks in mortgage settlement case. New York Attorney General Eric Schneiderman said Monday he intends to sue Bank of America and Wells Fargo, saying they violated terms of last year's $25 billion mortgage settlement.
Defense of consumer fraud and breach of contract class actions against large corporate clients in arenas including the Illinois Supreme Court, the United States Court of Appeals for the Sixth and Seventh Circuits, the Judicial Panel on Multidistrict Litigation, and trial level federal and state courts in Illinois, California, Florida, Indiana, Michigan, Ohio, Pennsylvania, and Texas.
Defense of life insurers in breach of contract and bad faith litigation resulting from alleged mismanagement of policies used as partial investment vehicles.
On September 30, 2014, the Illinois Appellate Court affirmed dismissal of an alleged consumer fraud and breach of contract class action that had been filed against our client Stratford Career Institute. Attorneys Stephanie Scharf , Sarah Marmor , George Sax and Virgina Kim,
Stephanie Scharf, George Sax and Sarah Marmor Are Editors of New Product Liability Litigation Book Published by PLI.
The Firm is proud to announce that George D. Sax has been named a Sustaining Member of PLAC Inc., formerly known as the Product Liability Advisory Council.
George Sax was invited to speak at an American Arbitration Association (AAA) roundtable luncheon held in Chicago on October 13, 2016.
On March 26, 2019 the Illinois Appellate Court affirmed dismissal of a putative $15 million class action lawsuit against the Sheriff of Cook County, ruling that the de facto officer doctrine barred a correctional officer’s class-action challenge to disciplinary decisions of the Cook County Sheriff’s Merit Board rendered between 2011 and 2015.