Mealey's Antitrust/Unfair Competition - Delayed Discovery Of Alleged Misdeed Does Not Save UCL, Fraud Claims, Panel Says

Mealey's Antitrust/Unfair Competition - Delayed Discovery Of Alleged Misdeed Does Not Save UCL, Fraud Claims, Panel Says

SANTA ANA, Calif. - The delayed accrual doctrine does not prevent the statute of limitations from barring a homeowner's claim under California's unfair competition law (UCL) that a lender misrepresented the terms of a mortgage because the homeowner should have learned the terms of the mortgage when he signed the loan agreement, a state appellate panel held June 25 (Azubueze Jiagbogu v. Bank of America, N.A., No. G048858, Calif. App., 4th Dist., Div. 3).

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