Minnesota Ameriquest
Result: $22 million settlement
Year: 2010
In re Ameriquest Mortgage Co. Mortgage Lending Practices Litigation
Lieff Cabraser served as Co-Lead Counsel for borrowers who alleged that Ameriquest engaged in a predatory lending scheme based on the sale of loans with illegal and undisclosed fees and terms. In August 2010, the Court approved a $22 million settlement.
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