- A judgment in a fraud lawsuit against Quicken Loans has only gotten bigger since an appeal to the state Supreme Court, so the company is heading back.
On July 17, Quicken Loans filed a notice of appeal to the state Supreme Court of a decision in Lourie Jefferson’s lawsuit against it that awarded her$3.5 million in punitive damages and more than $875,000 to attorneys at Bordas & Bordas in Wheeling.
In November, the Supreme Court found the company committed fraud and violated various provisions of the West Virginia Consumer Credit and Protection Act in a mortgage loan, but sent the case back to Ohio County Circuit Court to adjust an approximately $2.8 million award.
On June 18, Ohio Circuit Judge David J. Sims, who took over the case from Arthur Recht, awarded Jefferson even more.
***
- [Jefferson's attorney Jim] Bordas said the case is an example of the importance of the contingent fee system that has allowed Jefferson and her daughter to afford representation in the case as it proceeds.
“After a while, enough’s enough,” he said. “I wonder if the Supreme Court is gonna say the same thing.”
For the story, see Quicken Loans ordered to pay $3.5M in mortgage case, appeals.
Go here for earlier posts on Quicken Loans' litigation in West Virginia.
Go here for earlier posts on Quicken Loans' litigation in West Virginia.