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.
Section 11 damages computation for direct listings
In September 2021, the Ninth Circuit ruled in Pirani v. Slack Technologies, Inc.[1] (Slack) that Section 11 liability applies to direct listing shares. This...