ELLIS v JPMORGAN CHASE | CA N. Dist. Court - JPMorgan must face lawsuit challenging mortgage fees - fraud, unjust enrichment claims go forward

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ELLIS v JPMORGAN CHASE | CA N. Dist. Court – JPMorgan must face lawsuit challenging mortgage fees – fraud, unjust enrichment claims go forward

ELLIS v JPMORGAN CHASE | CA N. Dist. Court – JPMorgan must face lawsuit challenging mortgage fees – fraud, unjust enrichment claims go forward

Bloomberg-

* Judge lets fraud, unjust enrichment claims go forward

* Racketeering claims thrown out

By Jonathan Stempel

June 14 (Reuters) – JPMorgan Chase & Co must face a lawsuit accusing the largest U.S. bank of illegally imposing marked-up or unnecessary fees on delinquent mortgage borrowers, a federal judge ruled.

U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California on Thursday rejected the bank’s attempt to dismiss fraud and unjust enrichment claims by the plaintiff borrowers, who hope to represent classes of borrowers nationwide.

[BLOOMBERG]

UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA

DIANA ELLIS, JAMES SCHILLINGER, and RONALD LAZAR, individually and on behalf of other members of the general public similarly situated,
Plaintiffs,

vs.

J.P. MORGAN CHASE & CO., J.P. MORGAN CHASE BANK, N.A., and CHASE HOME FINANCE LLC,
Defendants.

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