Dr. Courchane provided expert testimony in a lawsuit brought by Plaintiffs against a major lender, alleging lending discrimination which led to increased foreclosures in minority neighborhoods. Plaintiffs had alleged credit was provided on predatory terms and by curtailing the issuance of mortgage credit to minorities. The case in Los Angeles was won on summary judgment.
New DOJ guidelines focus the fight against white-collar crime
Concurrently, the DOJ has updated its Corporate Enforcement Policy (CEP), providing guidance on how self-disclosure, cooperation, and remediation efforts can...