AFSCME 3357-HOF'S BLOG

Ameriquest -1349 Lawsuits (and Counting)

Courthouse News Service has named Ameriquest its "Defendant of the Month" due to the 1349 lawsuits that have been filed against it, including 65 class actions. Currently most of the offensive cases against Ameriquest are stuck in Multidistrict Litigation purgatory. The federal Multidistrict litigation rules might reduce litigation costs for the defendants, but they increase litigation costs for the plaintiffs. As an attorney, you have to have deep pockets just to participate in the Multidistrict Litigation. There aren't enough consumer attorneys in the first place, and the subset of consumer attorneys with deep pockets is very small. Here's a link to Ameriquest Watch on the InnerCityPress.org website.