Wednesday, October 22, 2014

Lofton v. Wells Fargo (Cal. Ct. App. - Oct. 22, 2014)

The trial court said that it was "very, very troubled" by the events that transpired in this class action case, stating that he thought that "[i]t appears to me [that] there has been egregious misconduct and bad faith on the part of ILG [Initiative Law Group]."

After reading this opinion, I gotta say, I'm profoundly -- profoundly -- troubled as well.  And the Court of Appeal doesn't seem particularly happy either.  Affirming the trial court's decision below.

You've got to read all the facts for details.  They're fairly shocking allegations about how lawyers at the Initiative Law Group basically stole from their clients.  Again, these are just allegations, but oh, my the facts seem really bad here.

I was somewhat surprised that the Court of Appeal didn't name names here; e.g., expressly say in the opinion which individual lawyers at ILG did what.  Especially since there's apparently some reason to believe that the response of Initiative Law Group to this whole fiasco was to . . . change its name.

Troubling stuff, IMHO.  Profoundly troubling.