Mealey's Litigation Procedure - Judge Stays Flood Insurance Class Action Pending Settlement Approval

Mealey's Litigation Procedure - Judge Stays Flood Insurance Class Action Pending Settlement Approval

TOLEDO, Ohio - An Ohio federal judge on July 8 granted a motion filed by a bank and mortgage corporation to stay a state-specific class action filed by claimants who assert that they were forced to maintain flood insurance in excess of their mortgage requirements, pending the approval of a settlement reached in a nationwide class action (James M. Campbell v. Citibank N.A., et al., No. 3:13-cv-02675, N.D. Ohio; 2014 U.S. Dist. LEXIS 92540).

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