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Case ID: 2596 | Family | 08/19/2004
The parties have reached a tentative $650,000 settlement in a class action filed against Chase Manhattan Mortgage Corporation and South Coast Title Company on behalf of persons who (1) at any time after February 9, 1997, paid off their residential home loans secured by deeds of trust on real property within California, in a transaction in which South Coast served as the title company, escrow or sub-escrow company, and (2) paid reconveyance or release of obligation fees to South Coast, but who did not receive either a reconveyance or release of obligation from the company. Claim forms must be postmarked on or before October 8, 2003, to be considered valid.
The action alleges that South Coast improperly charged for reconveyance or release of obligation fees in connection with title and escrow services for the sale or refinance of residential property located in California in violation of the California Business and Professions Code. Claimants are eligible to recover a maximum of a $65 cash payment if they paid South Coast a fee through escrow for services involved in preparing, executing or recording a deed of reconveyance or release of obligation and did not obtain one. South Coast has agreed to set up a $665,405 fund from which it will pay eligible claimants. If the total value of the valid claims submitted exceeds available funds under this settlement, each claimant will receive a pro rata share of the fund. Claim forms are available at the lead attorney's website, attached to the settlement notice. Claim forms must be sent to: General Counsel It is suggested that you return your claim form by certified mail, return receipt requested. The settlement will not be effective until the court grants it final approval. The court has scheduled a hearing on the matter for October 8, 2003. At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Family Cases of Interest A statewide class action has been filed in Missouri against Greensboro Home Equity, Inc. and Household Financial Services, Inc. The action is brought on behalf of all Missouri residents who borrowed money from Greensboro or Household where the promissory note contained a pre-payment penalty in excess of 2% of the loan value or which assessed any prepayment penalty more than five years after the closing date of the loan. The action is brought under Missouri consumer protection law and seeks compensatory, statutory and punitive damages as well as injunctive and declaratory relief. A class action has been filed against Temple-Inland, Inc., a manufacturer of composite hardwood siding for residences and other structures, on behalf of all Missouri residents whose homes or buildings have been fitted with siding manufactured by Temple-Inland. The action claims that the siding is defective. If work needs to be carried out on your land for the public good, you may have to grant the agency that is doing the working an easement, or permanent right-of-way, but you should be paid for it. The parties have reached a tentative settlement apparently valued at $2.64 million in an action filed against AT&T Corporation on behalf of certain persons who own or owned land in Connecticut, through which railroads run and on which AT&T laid fiber optic cable. Claims must be received by March 1, 2004, to be considered valid. A $5 billion class-action lawsuit has been filed in federal courts by multiple attorneys in several states against DuPont Co. saying the company failed to warn consumers of the dangers of a Teflon chemical. More than 20,000 retired Oregon public employees would be protected from having to reimburse the state pension fund for past "overpayments" into their pension accounts, under a class-action lawsuit. The suit challenges a recent decision by the Public Employees Retirement System Board to recoup the money from the retirees by making reductions in their monthly checks.
Alleging violation of Title III of the Americans with Disabilities Act, which bans discrimination against the disabled in "any place of public accommodation," 5 plaintiffs filed a class action suit against Norwegian Cruise Line alleging that the company’s ships fail to comply with American law by providing inaccessible cabins. |
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