IN RE JPMORGAN CHASE BANK HOME EQUITY LINE OF CREDIT

No. 10 C 3647.

794 F.Supp.2d 859 (2011)

In re JPMORGAN CHASE BANK HOME EQUITY LINE OF CREDIT LITIGATION.

United States District Court, N.D. Illinois, Eastern Division.

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.

Grace E. Parasmo , Karin E. Fisch , Abbey Spanier Rodd & Abrams, LLP, New York, NY, for Maria Frank, Robert Frank.

Azita Moradmand , David C. Parisi , Suzanne Havens Beckman , Parisi & Havens LLP, Sherman Oaks, CA, Michael Walsh.

Jack Landskroner , Landskroner-Grieco-Madden, LLC, Cleveland, OH, Christopher Collins , Frank James Janecek, Jr. , Robbins Geller Rudman & Dowd LLP, San Diego, CA, Marvin Alan Miller , Miller Law LLC, Chicago, IL, for Mary Jane Yakas.

Victoria R. Collado , LeAnn Pedersen Pope , Michael G. Salemi , Tiffany Lin Sorge Smith , Burke, Warren, MacKay & Serritella, PC, Chicago, IL, for JPMorgan Chase Bank N.A., Chase Bank USA, N.A.

Arthur G. Boylan , Leonard Street and Deinard, PA, Daniel E. Gustafson , David A. Goodwin , Jason S. Kilene , Gustafson Gluek PLLC, Todd A. Noteboom , Leonard Street and Deinard, PA, Minneapolis, MN, Avi Melech Kreitenberg , KamberLaw LLP, Los Angeles, CA, Azita Moradmand , Parisi & Havens LLP, Sherman Oaks, CA, Brian D. Brooks , Lee Albert , Murray, Frank & Sailer LLP, New York, NY, Danielle J. Szukala , Burke, Warren, MacKay & Serritella, P.C., Ilan Chorowsky , Progressive Law Group LLC, Chicago, IL, David Nathaniel Hise , Zielke Law Firm PLLC, Hal Daniel Friedman , Cooper & Friedman PLLC, John H. Dwyer, Jr. , The Zielke Law Firm, Louisville, KY, Drew Legando , Landskroner-Griecc-Madden, LLC, Cleveland, OH, Frank James Janecek, Jr. , Robbins Geller Rudman & Dowd LLP, San Diego, CA, George Geoffrey Weickhardt , Ropers Majeski Kohn & Bentley, San Francisco, CA, Gregory Linkh , Jacqueline Sailer , Murray Frank & Sailer LLP, Miriam E. Zakarin , Treuhaft & Zakarin, New York, NY, Grey Pierson , Pierson Behr , Arlington, TX, John M. Sorich , Adorno Yoss Alvarado and Smith APC, Santa Ana, CA, Lisa N. Neal , Michael T. Hornak , Rutan & Tucker, Costa Mesa, CA, Robert B. Kleinman , Kleinman Law Firm PLLC, Austin, TX, S. Christopher Yoo , Adorno Yoss Alvarado and Smith, Santa Ana, CA, Sean Patrick Reis , Edelson McGuire, LLP, Rancho Santa Margarita, CA, Stephen E. Zaino , Bonchonsky & Zaino, LLP, Garden City, NY, Wm Lance Lewis , Quilling Selander Cummiskey & Lownds PC, Dallas, TX, for Service List.


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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