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Juarez v. Social Finance, Inc. et al
Case Number:
4:20-cv-03386
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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June 08, 2023
$300K Atty Fee OK'd For SoFi Class Settlement
A California federal judge approved class attorneys' $300,000 fee request for reaching a settlement with online lender SoFi over alleged discriminatory lending practices, but the court also held Thursday that the man who launched the suit was not entitled to class funds.
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December 16, 2022
SoFi's Proposed Atty Fee Payment To Get 'Careful' Scrutiny
A California federal judge has pledged to "carefully scrutinize" a plan by online lender SoFi to pay, as part of a settlement, up to $300,000 to the legal team that brought a suit over its allegedly discriminatory lending practices to certain immigrants, saying that these payments can be one of the "important warning signs of collusion" between parties to a settlement.
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April 21, 2022
SoFi Will Revise Lending Policies To End DACA Bias Suit
Online lender SoFi will revise its lending policies to provide credit and loans to Deferred Action for Childhood Arrivals recipients and conditional permanent residents on the same terms as U.S. citizens to settle claims that it discriminated against immigrants.
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April 13, 2021
Lender Must Face DACA Holder's Discrimination Suit In Court
A proposed class action accusing financial services company Social Finance Inc. of discriminating against immigrants will continue after a California federal judge junked the company's bid to push the allegations into arbitration.