9th Circ. Backs Approval Of LoanDepot Investor Settlement

By Sydney Price · August 19, 2025, 8:54 PM EDT

The Ninth Circuit has dismissed a challenge brought by a LoanDepot shareholder to a $3.5 million settlement ending a lawsuit that accused the company of misleading investors ahead of its initial...

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Case Information

Case Title

Eljon Lako v. Loandepot, Inc. et al

Case Number

8:21-cv-01449

Court

California Central

Nature of Suit

Securities/Commodities

Date Filed

September 03, 2021


Case Title

Eljon Lako v. loanDepot, Inc.

Case Number

8:24-cv-00216

Court

California Central

Nature of Suit

Contract: Other

Date Filed

February 01, 2024


Case Title

Lako, et al. v. loanDepot, Inc., et al.

Case Number

24-3932

Court

Appellate - 9th Circuit

Nature of Suit

 

Date Filed

June 26, 2024