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In re Citibank HELOC Reduction Litigation
Case Number:
3:09-cv-00350
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 15, 2013
Citibank Pays Up To $10.7M In Home Equity Class Action Deal
A California federal judge on Friday gave final approval to a settlement worth up to $10.7 million between Citibank and a class of 150,000 customers who accused the bank of wrongfully suspending or decreasing the value of their home equity lines of credit based on faulty valuations.
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August 31, 2012
Citibank Strikes Deal In Home Equity Credit Lines Suit
Citibank NA on Friday settled a class action alleging the bank wrongfully suspended or decreased the value of home equity lines of credit based on faulty and self-serving valuations.