Ok. . .so. . .Ameriquest is disbursing a few million dollars due to a law suit in a settlement after action filed by the state of Michigan. . .
How do you find out if there is another class action suit being filed against Ameriquest?
How would you go about participating in such a suit?
2007-07-16 13:50:46 · 2 answers · asked by ? 3 in Politics & Government ➔ Law & Ethics
I'm confident that there will be at least dozens of separate lawsuits - both individual and class action. And, as usual, the lawyers will be the big winners, not the consumers.
I signed a waiver and sent it back in for several reasons - I know what my minimum disbursement will be, I don't have to pay a lawyer to get it and I don't have the hassle for following up on a lawsuit that in all probability won't increase any funds that I receive - and could very well cause a decrease in the amount after all is considered.
That's my take on this - there's so many plaintiffs in this case that I'm guessing an individual lawsuit would drag on for an eternity - and the end result would not justify the added frustration and costs.
2007-07-16 14:10:09 · answer #1 · answered by LeAnne 7 · 0⤊ 1⤋
I know there is one in New Jersey also. Check with your states insurance and banking department or with the consumer affairs division would be my suggestion to getting more information.
2007-07-16 20:57:23 · answer #2 · answered by wolfatrest2000 6 · 1⤊ 0⤋