The into taking on more costly subprime loans or charging them higher fees than those issued to comparable white borrowers. More than 30,000 minority borrowers were affected between 2004 and 2009, the Justice Department said. Unbelievable!
Wells Fargo hits the bottom of the wellБЂ¦ A $175 million settlement has been agreed by Wells Fargo in a action brought against the nation’s largest residential home mortgage originator by the Department of Justice (DOJ).
The lawsuit seeks to stop Hyundai from illegally using gas mileage numbers in its advertising of the Elantra without government-mandated disclosures and asks for damages on behalf of California residents who purchased or leased 2011 and 2012 Elantras.
HyundaiБЂ™s advertisements for the 2011 and 2012 Elantra models caused tens of thousands of California drivers to purchase the vehicle under false pretenses, the plaintiffs allege.
The lawsuit further alleges that while the Elantra may average 40 mpg during ideal highway driving conditions, it does not achieve that same figure under most other driving scenarios.
The alleges that Hyundai deceived customers regarding gas mileage claims for the Elantra. The lawsuit, filed in Sacramento Superior Court, alleges that Hyundi’s ad for the Elantra was misleading because it included the phrase БЂњThe 40 mile per gallon Elantra.БЂ« The class action lawsuits, filed by Cuneo Gilbert and LaDuca, LLP, also claims Hyundai attempted to manipulate customers who are concerned about escalating gas prices and fuel economy.
More mileage out of its customers than its cars? Maybe. At least the folks who filed a consumer fraud class action lawsuit against Hyundi Motor America think so.
Elantra Mileage Class Action | LawyersandSettlements.com Legal Blog
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