Federal Judge Finds Competition Law Lending Allegations Lacking

SACRAMENTO, Calif. - A homeowner lacks sufficient allegations of injury or reliance to sustain his California unfair competition law (UCL) claim against his lender, a federal judge held in an opinion posted Nov. 27 (David Sears v. Bank of America, N.A., et al., No. 13-1664, E.D. Calif.; 2013 U.S. Dist. LEXIS 169507).

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