Mealey's Antitrust/Unfair Competition - Attorney's Neglect Of UCL Mortgage Action Not Excusable, Magistrate Rules

SAN FRANCISCO - A couple cannot revive claims that their mortgage lender violated California's unfair competition law (UCL) by misrepresenting the terms of their loan because they did not establish that their failure to prosecute the claims or to timely request that dismissal of the claims be vacated was due to excusable neglect, a federal magistrate judge held May 19 (Marcy Zamora, et al. v. Wells Fargo Bank, N.A., No. 13-00134, N.D. Calif.; 2014 U.S. Dist. LEXIS 68544).

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