March 28, 2013
The Fourth Circuit on Wednesday declined to rehear a panel decision refusing to toss a putative class action alleging Toll Brothers Inc. unlawfully kept deposits for a Maryland luxury home after the buyers' mortgages fell through, defeating the builder's attempt to have the dispute arbitrated.
January 30, 2012
Homebuilder Toll Bros. on Monday lost a bid to force arbitration or dismiss a proposed class action that accuses the company of refusing to return down payments to homebuyers who were later rejected for a mortgage.