Dukes Nixes Class Cert. In Option One Race Bias Case

Law360, Los Angeles (September 18, 2012, 9:11 PM EDT) -- A Massachusetts federal judge on Tuesday decertified a class of black borrowers who claim they were charged more than whites in obtaining Option One Mortgage Corp. home loans, saying a class action was now improper under the U.S. Supreme Court's Dukes decision.

U.S. District Judge Rya W. Zobel reversed her March 2011 order, ruling that the plaintiffs use of a statistical analysis to demonstrate that Option One's lending policy had a disparate impact on black borrowers was disallowed in the Supreme Court's landmark decision in Dukes...
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