Daye v. Community Financial Service Centers, LLC
||Community Financial Service Centers, LLC
||August 22, 2014
||US District Court for the District of New Mexico
||James O. Browning
||Steven C. Yarbrough
|Nature of Suit:
||Truth in Lending
|Cause of Action:
|Jury Demanded By:
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|November 30, 2017
MEMORANDUM OPINION, FINDINGS OF FACT, CONCLUSIONS OF LAW, AND ORDER by District Judge James O. Browning finding that Speedy Loan's misrepresentations did not damage the Plaintiffs, because those misrepresentations made Speedy Loan's loans a ppear more expensive than they actually were. Consequently, the named plaintiff can recover statutory damages and attorney's fees, but the unnamed plaintiffs can recover nothing. The Court also determines that Speedy Loan must return the interest and fees it collected from the Plaintiffs to the extent that it collected more than the New Mexico Small Loan Act, N.M. Stat. Ann. §§ 58-15-1 to -39, permits; and, denying the Opposed Motion to Strike Witnesses 95 . (kw)
|January 20, 2017
MEMORANDUM OPINION AND ORDER granting 89 97 Opposed MOTIONS for Summary Judgment and 101 MOTION for Extension of Time to File Response/Reply by District Judge James O. Browning. (vv)
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