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United States of America v. Compass Bank

  • Practice Area(s): Auto Finance, Banking, Consumer Finance, Fair & Responsible Banking, Government Enforcement, Litigation
  • Attorney(s): Sandler, Andrew L.; Rogers, Michelle L.
  • Case Date(s): 2007
  • Court: N.D. Ala.
  • Judge: Blackburn, Sharon Lovelace
  • State: Alabama
  • Docket No. 2:07-CV-00102

Represented Compass Bank in obtaining a consent decree settlement with the Department of Justice resolving allegations that the bank engaged in a pattern or practice of discrimination on the basis of marital status by charging higher buy rates for indirect auto loans to co-applicants who were not married to each other than for loans to co-applicants who were married to each other, in violation of the Equal Credit Opportunity Act and Regulation B.