November 2, 2015
- Federal judge grants the SEC request for appointment of a receiver for the $136 million EB-5 fraud case involving Path America LLC and its two subsidiaries to monitor the companies to ensure their assets are not lost during the proceedings.
- Ninth Circuit affirms JPMorgan Chase Bank’s win in $15.7 million suit against Meritage Homes Corp. over loan repayment.
- The CFPB brought suit against a law firm that does foreclosure work alleging that it scammed struggling homeowners by imposing large advance fees and failing to provide promised legal representation. The firm argues that the court should not grant the CFPB an early win because the bureau is attempting to create new federal law rather than enforcing current state law.