December 1st, 2011 - A lawsuit has been brought against five major American banks today. Attorney General Martha Coakley of Massachusetts filed the legal action today in Suffolk Superior Court. The defendants include Citigroup, Bank of America, JPMorgan Chase, GMAC, and Wells Fargo.
“Our suit alleges that the banks have charted a destructive path by cutting corners and rushing to foreclose on homeowners without following the rule of law,’’Coakley said. “Our action today seeks real accountability for the banks’ illegal behavior and real relief for homeowners.”
Continue reading on Examiner.com Breaking: Five US banks being sued by Attorney General - Chicago Feminism