Class Action

California AG files UCL/FAL action against Countrywide

By Kimberly A. Kralowec

On June 24, 2008, California Attorney General Jerry Brown filed a UCL and FAL action against Countrywide Home Loans. People v. Countrywide Financial Corp., No. LC081846 (L.A. Super. Ct., filed June 25, 2008). Here is a copy of the complaint. The UCL and FAL are the sole causes of action. The complaint seeks injunctive relief, restitution to consumers, and civil penalties of $2,500 per violation. In late June, the Daily Journal reported that "AG Seeks Restitution for Consumers from Countrywide" (subscription).

Full post as published by The UCL Practitioner on July 25, 2008 (boomark / email).