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Banking
Loan Agreement
Illegal Reduction of Home-Equity Lines of Credit

In Re: Citibank Home Equity Line of Credit Reduction Litigation

Published: Oct. 6, 2012 | Result Date: Aug. 31, 2012 | Filing Date: Jan. 1, 1900 |

Case number: 3:2009-cv-00350 Settlement –  $120 per customer

Court

USDC Northern


Attorneys

Plaintiff

Suzanne L. Havens-Beckman
(Parisi & Havens LLP)

Steven L. Woodrow
(Woodrow & Peluso LLC)

James R. Patterson
(Patterson Law Group APC)

Evan Matthew Meyers

Jay Edelson
(Edelson PC)

David C. Parisi
(Parisi & Havens LLP)

Sean P. Reis
(Reis Law Firm APC)


Defendant

Lisa W. Cornehl

Lucia Nale
(Mayer Brown LLP)

Christopher P. Murphy

Andrew S. Rosenman

Steven E. Rich

Debra Bogo-Ernst


Facts

Plaintiffs brought a class action lawsuit against defendant, a bank, alleging defendant improperly decreased or suspended plaintiffs' home equity lines of credit.

Result

Settlement in the amount of $120 to each plaintiff and $1.2 million in attorney fees.


#91750

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