February 28, 2024
Capital Plus Financial LLC has asked a Texas federal judge to toss a Paycheck Protection Program suit brought by eight business owners who accuse the company of withholding their loans, saying Tuesday that their amended complaint upended subject matter jurisdiction in this case and that the plaintiffs' new fraud claims don't meet the threshold for federal jurisdiction.
September 07, 2023
A putative class action that claims a lender profited generously from a COVID relief program while failing to deliver loans to customers can proceed because of the "striking allegations" in the lawsuit, a Texas judge said.