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Class Action | InjuryBoard Los Angeles

A federal appeals court on Friday reinstated a class action lawsuit by credit card holders that alleges some of the nation's biggest banks illegally calluded to force customers to use arbitration instead of the courts to settle disputes. The Associated ...

Posted by Paul Kiesel |
March 28, 2008 4:17 PM
Category: Miscellaneous

As of this moment, on the auction site eBay, there are an assortment of Bear Stearns items being listed by several sellers. There are coffee mugs, t-shirts, duffle bags, umbrellas, etc. and all of them bear the Bear Stearns logo. But there is one item separating itself from all the others: a blue Bear Stearns helmet. The last bid on it, as of 1:40 PM PST, was for $152.50 and has 18 hours left...

John McCain believes that the number one issue for Americans is national security. According to the Associated Press, and shortly after Governor Charlie Crist of Florida endorsed him as a Presidential candidate, Mr. McCain said, "Even if the economy is the, quote, No. 1 issue, the real issue will remain America's security [. . .]" This statement shows he has not wavered from his campaign's main...

At the peak of the housing boom to purchase homes, many affluent consumers with annual incomes of $100,000 or more were lured into taking out adjustable-rate mortgage (ARM) loans, under the impression that they would be able to lower their monthly mortgage payment (from existing fixed-rate mortgages) or that it would allow them more financial flexibility. In order to secure these lower monthly...

Last week, President Bush strongly urged US lawmakers to pass "anti-terrorism legislation" that would restore legal immunity to telecommunications companies, such as AT&T, BellSouth and Verizon, that aided federal efforts to eavesdrop on emailed communications and telephone conversations between the United States and other countries. Today, there is potential for passage of this legislation:...

The recent lapse in a temporary US wiretapping law has brought much uncertainty to private telecommunications companies and, according to the White House, threatens to disrupt future surveillance operations. Fueling this uncertainty is the raging debate in Congress over whether phone providers that helped in the National Security Agency's post 9/11 program of wiretapping without warrants should...

As if the news about the housing industry wasn't bad enough already. What with stagnant home sales, plummeting home prices and the so called "sub-prime mortgage meltdown" there are plenty of things about which to worry. Now comes news of an alleged scheme carried out by KB Home and Countrywide Financial to defraud consumers. Here is what a newly filed class action lawsuit alleges - KB Homes...

California's Supreme Court has denied the University of California's appeal in Kashmiri v. Regents of University of California, awarding thousands of professional students $40 million enrolled in UC programs whose tuition fees were increased during the 2002-2003 school year, despite the Regents' promise to hold fees steady.The class action lawsuit was filed in San Francisco July of 2003, when...

Veterans of the current wars in Iraq and Afghanistan shall have their day in court, after all. US District Court Judge Samuel Conti has cleared a national class-action lawsuit challenging the constitutionality of the US Department of Veteran's Affair's claims system. The ruling affirms the rights of veterans with Post Traumatic Stress Disorder (PTSD) to sue in federal court over the huge...

States adopt standard licensing requirements to curb abusive lending practices by mortgage brokers The so-called sub-prime mortgage crisis (by no means have the problems and abusive lending practices been limited to sub-prime borrowers only) has spawned efforts on a number of fronts to curb abusive lending practices. The most recent effort mandates a standardized application, licensing and...

Recent news stories across the country illustrate how the denial of employees' rights continues to be a problem, and sadly, it seems that the victims are too often workers who work hard for low hourly pay. Some of the biggest offenses include not allowing employees their legal right to take rest breaks or lunch breaks, or not paying employees properly for overtime or vacation time. Employers...

California wage and hour laws allegedly violated by failure to pay overtime or minimum wages to janitorial workers.Breaking rocks for the man. As many as 300 workers were allegedly paid as little as $50 a day for working 10-hour shifts and seven day work-weeks by two Southland janitorial services companies. But isn't that illegal. Yes it is.To begin, as of January 1, 2008 the minimum wage for...

Posted by Paul Kiesel |
December 19, 2007 8:32 PM
Category: Miscellaneous

Mortgage Lending Class Action crisis in California only gets worse.When we brought the first class actions in California involving the Sub-Prime mortgage mess in June of 2007 I blogged here and said, prophetically, "this is the tip of the ice berg." True to that prediction matters have only gotten far far worse since then, and, I'm afraid, are only going to continue to trouble our economy and,...

Posted by Paul Kiesel |
June 23, 2007 8:51 AM
Category: Miscellaneous

Mortgage loan industry facing continued crisisHaving filed 15 Federal Class Action law suits in the last two weeks against financial institutions that have sold Option ARM Loans to hundreds of thousands of consumers in California we continue to watch with keen interest where the financial markets are going. The financial markets are certainly beginning to feel the impact of these "shaky"...

Posted by Paul Kiesel |
June 19, 2007 1:32 PM
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...

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