Posts tagged class action

• Beware Mortgage Crisis - Option ARM Loans

  Paul Kiesel | June 19, 2007 1:32 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  California Lawyers file class action against Option ARM loan banks.The New York Times has observed that a "tidal wave of mortgage failures" is on the horizon. As California lawyers we have initiated 15 class action law suits against the largest home lenders in the state of who sold Option Adjustable Rate Mortgages. These mortgages were a trap for the unwary consumer. The Class Action alleges...

• Consumers Don't understand Mortgage Documents

  Paul Kiesel | June 17, 2007 10:23 AM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  Mortgage disclosure statements prove baffling to most consumers.The Federal Trade Commission completed a study of 800 consumers throughout the country providing them Standard disclosures for "fixed" rate mortgages to determine their level of understanding. Remarkably the majority shown a standard disclosure form were totally baffled. The FTC found that the required disclosures were ineffective...

• Option ARM Loans -- a Tsunami in the making

  Paul Kiesel | June 16, 2007 3:47 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  Option ARM Loans result in class action lawsuitsOption Adjustable Rate Mortgage (ARM) loans can easily confuse consumers hundreds of thousands of whom have acquired such loans in California and throughout the United States. The Los Angeles Times first reported on May 27, 2007 just how dangerous these loans can be. Kiesel Boucher & Larson LLP initiated the first of 15 Federal Court lawsuits...

• Class Action Against Wells Fargo is Settled

  Shannon Weidemann | April 26, 2007 2:54 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  Wells Fargo Financial, Inc. was sued in a California class action lawsuit for unfair mortgage lending practices. It has settled the case and it now needs to be approved by the California Supreme Court. In the proposed settlement, Wells Fargo Financial commits to continue for three years several improvements it had already put into practice, which have further strengthened its nonprime real...

• Wells Fargo Pays Workers It Cheated

  Elaine Mandel | October 10, 2006 6:16 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  If you or someone you know has not been paid for overtime, or been cheated out of break time or meal time, you may have a claim -- and you coworkers might too. These are called "wage and hour" claims, and Wells Fargo just settled one for $12.8 million.Some employers are required to give their hourly workers breaks, such as lunch breaks. Hourly workers are also required to be paid for their...

• Pellicano Wire-tapping Suspect Acquitted

  Elaine Mandel | September 26, 2006 10:20 AM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  If your telephone calls are recorded or monitored, and you don't know and consent to it, at least in California, you are entitled to money damages. Numerous companies have recordings saying "Your call may be recorded or monitored," but many companies don't warn callers, and still record or monitor calls. This may be illegal, and class action cases can compensate people whose right of privacy...

• Blue Cross' "Fixes" for Patient Dumping are Too Little, Too Late

  Patrick DeBlase | September 22, 2006 5:58 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  Blue Cross attempts to appease furor over allegations of policyholder dumping by making unspecified changes to its cancellation policies. Critics aren't buying it.On Tuesday, Blue Cross announced that it would change procedures for canceling individual health insurance policies. The health care colossus, however, failed to provide any specifics. California state regulators and class action...

• Wire Tapping Right to Privacy Law

  Helen Zukin | September 07, 2006 11:04 AM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  Californians have a right to privacy. Two party consent is required before phone calls or other communications can be recorded or monitored. Failure to obtain consent will result in civile damages of either $5,000 per occurrence or three times actual damages which ever is greater.Over the years we have handled several cases involving private individuals and companies engaged in recording...

• progestin hormone replacement blamed for hearing loss

  Paul Kiesel | September 05, 2006 4:58 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  In a study of 124 women taking progestin, the National Academy of Science found evidence of hearing loss in women compared to those women who either took no hormone replacement therapy or were taking estrogen only. The study conducted by a team of researchers from the University of Rochester Medical Center concluded women should be tested for hearing problems to rule out any possible affects...

• Ortho Evra Class Action Lawsuit Filed In Canada

  Staff Writer | July 30, 2006 2:19 PM | 0 CommentsLos Angeles, CA Category: Miscellaneous
  

  The Ortho Evra birth control patch has been the subject of a lot of controversy lately. The drug has been linked to blood clots, strokes and heart attacks, as well as several deaths. Now comes word out of Canada that a law firm there has filed an Ortho Evra lawsuit as well.The statement of claim alleges doctors and patients were not adequately warned that Ortho Evra has been associated with an...