John Ropiequet
Arnstein & Lehr Chicago Partner John L. Ropiequet has published an article in the Consumer Finance Law Quarterly Report entitled, “Fair Lending Litigation and the Impact of Wal-mart Stores, Inc. v. Dukes.” The article discusses the historical development of litigation by private litigants which has alleged racial discrimination by lenders in both mortgages and auto finance, and how the Supreme Court’s decision in Dukes in 2011 seemingly has put an end to major fair lending class action cases, but how enforcement actions by the U.S. Department of Justice and the Federal Trade Commission have continued unabated despite that ruling, which called into question the statistical evidentiary basis for both private class actions and government enforcement activities.
To read the article in full, please click here.