Mealey's Antitrust/Unfair Competition - Federal Judge Gives Property Owner Chance To Replead UCL Allegations

Mealey's Antitrust/Unfair Competition - Federal Judge Gives Property Owner Chance To Replead UCL Allegations

OAKLAND, Calif. - A California man's claims that a bank's mortgage lending practices violate the state's unfair competition law (UCL) fail because he did not plead any facts to support allegations that the bank engaged in unlawful, unfair or fraudulent business acts or practices, a federal judge held June 13 in granting the bank's motion to dismiss the claims (Edward Lawrence v. Wells Fargo Bank, N.A., No. 14-1272, N.D. Calif.; 2014 U.S. Dist. LEXIS 81278).

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