US Bank Dodges Only Some Claims In Student Loan Suit

Law360, New York (September 30, 2013, 2:10 PM EDT) -- A New York judge on Friday rejected efforts by U.S. Bank NA and others to toss a putative class action accusing them of deceiving student loan borrowers, trimming unjust enrichment and some contract claims but otherwise leaving the suit intact.

U.S. District Court Judge Paul A. Crotty dropped the unjust enrichment claims from both prongs of Cindy Breitman’s suit accusing U.S. Bank, Xerox Education Services LLC subsidiary Affiliated Computer Services Inc., and NextStudent Inc. of ignoring borrowers’ instructions as to how to apply loan payments and...
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