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Friday, July 25, 2008

California AG files UCL/FAL action against Countrywide

On June 24, 2008, California Attorney General Jerry Brown filed a UCL and FAL action against Countrywide Home Loans. People v. Countrywide Financial Corp., No. LC081846 (L.A. Super. Ct., filed June 25, 2008). Here is a copy of the complaint. The UCL and FAL are the sole causes of action. The complaint seeks injunctive relief, restitution to consumers, and civil penalties of $2,500 per violation. In late June, the Daily Journal reported that "AG Seeks Restitution for Consumers from Countrywide" (subscription).

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