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01/31/2012 11:21:59 AM EST

Some Classes Certified In Action Alleging Improper Line Of Credit Suspension

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LexisNexis® Financial Services Litigation News

SAN JOSE, Calif. - A federal judge in California on Jan. 5 certified a class and subclass but denied certification of another class and two subclasses in a case in which homeowners allege that Washington Mutual Bank (WaMu) improperly suspended their home equity lines of credit (Jeffrey Schulken, et al. v. Washington Mutual Bank, Henderson, NV, et al., No. 09-02708, N.D. Calif.). View today's headlines and listen to the latest podcast at www.lexisnexis.com/legalnews Do you have news to share? Interested in writing a commentary article? Email the Mealey News Desk at Mealeys@LexisNexis.com Full story on lexis.com