Posted on 10/08/2008 10:10:25 PM PDT by Maelstorm
Plaintiffs filed their class action lawsuit on July 6, 1994, alleging that Citibank had engaged in redlining practices in the Chicago metropolitan area in violation of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. 1691; the Fair Housing Act, 42 U.S.C. 3601-3619; the Thirteenth Amendment to the U.S. Constitution; and 42 U.S.C. 1981, 1982. Plaintiffs alleged that the Defendant-bank rejected loan applications of minority applicants while approving loan applications filed by white applicants with similar financial characteristics and credit histories. Plaintiffs sought injunctive relief, actual damages, and punitive damages.
U.S. District Court Judge Ruben Castillo certified the Plaintiffs' suit as a class action on June 30, 1995. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 322 (N.D. Ill. 1995). Also on June 30, Judge Castillo granted Plaintiffs' motion to compel discovery of a sample of Defendant-bank's loan application files. Buycks-Roberson v. Citibank Fed. Sav. Bank, 162 F.R.D. 338 (N.D. Ill. 1995).
The parties voluntarily dismissed the case on May 12, 1998, pursuant to a settlement agreement.
Andrew Nash - 06/02/2008
(Excerpt) Read more at clearinghouse.wustl.edu ...
The question I have is was there any credibility to the allegations?
No.
Thanks!
I was looking at the documents and it looks like $950,000 was paid in attorneys fees to the plaintiffs.:
05/07/1998 178
MINUTE ORDER of 5/7/98 by Hon. Ruben Castillo : Enter order. Plaintiffs’
petition for attorneys’ fees is granted. [174-1] The Court hereby awards plaintiffs’
a total of $950,000 in attorneys’ fees and costs. Mailed notice (eav) (Entered:
05/08/1998)
Obama is innocent! There is no way he could draft and understand a class action lawsuit.
bookmark
Ayers wrote it up for him in his living room!
Also, on the link, a great quote that ties in with the current ACORN story -
He said, just last year:
“I’ve been fighting alongside ACORN on issues you care about my entire career. Even before I was an elected official, when I ran Project Vote voter registration drive in Illinois, ACORN was smack dab in the middle of it, and we appreciate your work.” — Barack Obama, Speech to ACORN, November 2007
This is crucial to get out to the media. The public has to be woken up as to who’s hands are dirty in the current economic crisis...
bump
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