Consumer Protection

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.