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TILA Class Action Defense Cases-In re Long Beach Mortgage: Judicial Panel On Multidistrict Litigation (MDL) Grants Plaintiff Motion To Centralize Class Action Litigation In Northern District of Illinois

Judicial Panel Grants Plaintiffs’ Request, Unopposed by Defense, for Pretrial Coordination of Class Action Lawsuits Pursuant to 28 U.S.C. § 1407 and Concurs with Request to Transfer Class Actions Alleging Violations of Federal Truth in Lending Act (TILA) to Northern District of Illinois

Three class action lawsuits were filed against Long Beach Mortgage and other defendants alleging violations of the federal Truth in lending Act (TILA) or state law equivalent statutes. In re Long Beach Mortgage Co. Truth in Lending Act 1-4 Family Rider Litig., ___ F.Supp.2d ___ (Jud.Pan.Mult.Lit. November 14, 2007) [Slip Opn., at 1]. Plaintiffs’ lawyers in all three class actions filed a motion with the Judicial Panel for Multidistrict Litigation (MDL) requesting centralization of the class actions pursuant to 28 U.S.C. § 1407 in the Northern District of Illinois; no opposition was filed by the defense. Id. The Judicial Panel granted the motion to centralize the class action lawsuits and agreed with plaintiffs’ recommendation of the Northern District of Illinois as the appropriate transferee court. Id.

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