For a large lender, CRA provided expert testimony during a class action claim which asserted that underwriting of the mortgage disparately impacted minorities. Our expert— tasked with assessing whether statistical evidence supported the class action—testified that minorities were not unfairly priced and that the loan product was not disadvantageous to minorities. Plaintiffs demanded damages in excess of $100 million. The class was settled for less than a million.
Were shareholders harmed by Senate Bill 21’s amendments to the Delaware General Corporation Law?
Delaware Governor Meyer signed into law Senate Bill 21 (SB21) in March 2025, updating Delaware’s corporate law, with some of the key provisions including safe...