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Elizabeth M. Byrnes, Inc. v. Fountainhead Commercial Capital, LLC et al
Case Number:
2:20-cv-04149
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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November 29, 2021
Judge Tosses PPP Class Action Against Nonbank Lender
A California federal judge dismissed with prejudice a putative class action Wednesday against nonbank lender Fountainhead Commercial Capital LLC, which had been accused of prioritizing high-dollar applicants for federal Paycheck Protection Program loans.
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June 30, 2020
Nonbank Lender Urges Calif. Judge To End PPP Suit
Nonbank lender Fountainhead Commercial Capital LLC has asked a California federal judge to end litigation alleging the company disadvantaged small-dollar applicants for federal Paycheck Protection Program loans, arguing it had been appropriately transparent with would-be borrowers against the tumultuous backdrop of the coronavirus pandemic.
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May 07, 2020
Calif. Biz Accuses Nonbank Lender Of PPP Foul Play
A small business in California launched a suit Wednesday accusing a nonbank lender of disadvantaging small-dollar applicants for federal Paycheck Protection Program loans by fast-tracking its most lucrative loan requests.