In re JPMORGAN CHASE BANK HOME EQUITY LINE OF CREDIT LITIGATION.
United States District Court, N.D. Illinois, Eastern Division.https://leagle.com/images/logo.png
June 30, 2011.
June 30, 2011.
Attorney(s) appearing for the Case
Jay Edelson , Irina Slavina , Edelson McGuire, LLC, Evan M. Meyers , Kamber Edelson LLC, Chicago, IL, for Shannon Hackett, Michael Malcolm, Irina Slavina, Evan M. Meyers Daryl Mayes, William Cavanagh, Michell Kimball. Robert Wilder.
Gregory Linkh , Murray Frank & Sailer LLP, New York, NY, Pro Hac Vice.
United States District Court, N.D. Illinois, Eastern Division.
MEMORANDUM OPINION AND ORDER
REBECCA R. PALLMEYER, District Judge.
A home equity line of credit ("HELOC") is a revolving line of credit secured by a holder's primary residence. In this class action, eight individuals to whom Defendant had extended HELOCs charge Defendant with having reduced or suspended those HELOCs without a permissible reason for doing so, thus violating the Federal Truth-in-Lending Act, 15 U.S.C. § 1601 et seq., and...
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