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U.S. Court of Appeals for the 9th Circuit

May 11, 2011

Homebuyers Seek to Sue Developers

California homebuyers who got squeezed in the collapse of the housing market might get a second chance to blame developers for the drop in their home values.


By Laura Ernde


Daily Journal Staff Writer


SAN FRANCISCO - Homebuyers nationwide who got squeezed in the collapse of the housing market might get a second chance to blame developers for the drop in their home values.


Although the plaintiffs' class actions had earlier been dismissed for lack of standing, a 9th U.S. Circuit Court of Appeals panel sounded sympathetic Monday to reviving the lawsuits to give the homebuyers an opportunity ...

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