Customers Fight LendingTree Arbitration Clause

Law360, New York (December 15, 2008, 12:00 AM EST) -- Plaintiffs in a multidistrict litigation against online mortgage lender LendingTree LLC over its alleged breach of its customers' security are fighting an attempt by the company to stay their cases and force them into arbitration.

On Friday, plaintiffs in five putative class actions that have been consolidated in the U.S. District Court for the Western District of North Carolina asked the court to deny a motion by LendingTree to compel arbitration on the basis of a provision in the terms of use signed by its consumers,...
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