February 29, 2016
Great News! Today the United States Supreme Court entered an order denying PNC’s Bank’s Petition for Writ of Certiorari!
The Supreme Court’s order leaves intact the July 2015 opinion of the United States Court of Appeals for the Third Circuit, which affirmed the district court’s order certifying the long-running lawsuit, In re Community Bank of Northern Virginia Second Mortgage Lending Practices Litigation as a class action.
The decision will effectively end the challenges to class certification on the Class Members’ claims against PNC Bank for violations of the Real Estate Settlement Procedures Act, the Truth in Lending Act, the Home Ownership and Equity Protection Act, and the Racketeer Influenced and Corrupt Organizations Act.
A copy of the Supreme Court’s Order can be found here.
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