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Litigation

Sep. 23, 2011

Homeowners get a boost in class action against builders

In a major reversal favoring homeowners damaged in the foreclosure crisis, a 9th Circuit panel on Wednesday revived a potential national class action against allegedly fraudulent developers.


By John Roemer


Daily Journal Staff Writer


In a major reversal favoring homeowners who took a hit in the foreclosure crisis, a 9th U.S. Circuit Court of Appeals panel on Wednesday revived a potential, nationwide class action against allegedly fraudulent developers.


It is the first case of its kind in the U.S., lawyers for the plaintiffs said. The proposed class includes those living in new housing developments in dozens of states from Washingto...

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