RETREAT! “Agent Fee” Class Actions Moving Against Plaintiffs

Earlier this year, this blog reported on the wave of “Agent Fee” class actions against lenders who made PPP loans under the CARES Act. At one point, there were over sixty such lawsuits, spread across the federal courts, alleging that banks were required to pay CPAs and others who assisted borrowers with loan applications....
By: Balch & Bingham LLP

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