11th Circuit Rules for Plaintiff City of Miami on Standards for Proximate Cause in Discriminatory Lending Lawsuits

11th Circuit Rules for Plaintiff City of Miami on Standards for Proximate Cause in Discriminatory Lending Lawsuits

The City of Miami obtained a significant victory in the Eleventh Circuit in Fair Housing Act lawsuits it has brought against certain banks, including Wells Fargo & Co. and Bank of America.  The Eleventh Circuit issued decisions on remand from the Supreme Court on proximate cause, holding “[c]onsidering the broad and ambitious scope of the FHA, the statute’s expansive text, the exceedingly detailed allegations found in the complaints, and the application of the administrative feasibility factors laid out by the Supreme Court in Holmes v. Securities Investor Protection Corp., 503 U.S. 258 (1992), we are satisfied that the pleadings set out a plausible claim.” [Read more…]

Supreme Court to Hear Fair Housing Act Case Bank of America v. City of Miami, Florida

U.S. Supreme Court

The United States Supreme Court agreed in mid-2016 to review Bank of America Corp. v. City of Miami and Wells Fargo & Co. v. City of Miami, cases hinging on standing under the Fair Housing Act, 42 U.S.C. 3604 et seq., that seek to hold major U.S. banks accountable for their allegedly illegal and discriminatory conduct during the housing crisis and its aftermath. Lieff Cabraser and co-counsel represent the City of Miami and submitted our brief to the Supreme Court. [Read more…]