CLEVELAND, Oh. – Last month’s decisive victory for 21 investment banks, in which a federal district judge dismissed the city of Cleveland's 16-month-old lawsuit against the subprime lenders, was met with mixed emotions in the legal community.
Going After the Wrong Guys
Judge dismisses Cleveland foreclosures lawsuit
CLEVELAND -- Over 15 banking and holding companies scored a victory this week against the city of Cleveland as a federal district judge dismissed a lawsuit against the subprime lenders.
Cleveland wins first round in foreclosure lawsuits
The city of Cleveland has won the first round in a pair of public nuisance lawsuits filed against Wells Fargo and Deutsche Bank that seek to force the banks to either fix up or demolish foreclosed homes.
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