Mealey's Antitrust/Unfair Competition - Magistrate Refuses To Dismiss Suit Alleging Force-Placed Insurance Kickback Scheme

SAN FRANCISCO - A California federal magistrate on March 21 refused to dismiss a putative class action alleging that a mortgage lender and an insurer were involved in an unjust kickback scheme involving force-placed flood insurance (Stephen Ellsworth, et al. v. U.S. Bank, N.A., et al., No. C 12-02506 LB, N.D. Calif.; 2014 U.S. Dist. LEXIS 38691).

Access this news story on lexis.com®