Law360, New York (January 20, 2012, 6:54 PM ET) -- The Ninth Circuit on Friday affirmed denial of class certification in a suit accusing Countrywide Financial Corp. of misleading borrowers about the terms of their mortgage loans, but it recommended allowing an individual plaintiff to conduct further discovery.
In a one-paragraph ruling the appeals court affirmed U.S. District Judge Dana M. Sabraw's April 2010 decision refusing to certify a class of thousands of Washington state homeowners in the purported class action filed by Randall Buckley.
The lawsuit, part of multidistrict litigation concerning individuals and several business...
9th Circ. Affirms Class Denial In Countrywide Suit
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