CLASS ACTION NOT PERMITTED TO ASSERT RESCISSION CLAIM UNDER TILA
Question: May a claim for rescission under the Truth In Lending Act (15 U.S.C. § 1601 et seq.) be asserted as a class action?
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No Attorney Client Relationship. We provide this blog for general informational purposes only. Because Sheppard Mullin is a law firm and some of the information on the blog relates to legal topics, we want you to understand that we do not create an attorney client relationship with you when you use the blog. By using the blog, you agree that the information on this blog does not constitute legal or other professional advice and no attorney-client or other relationship is created between you and Sheppard Mullin. Do not consider the blog to be a substitute for obtaining legal advice from a qualified attorney licensed in your state. The information on the blog may be changed without notice and is not guaranteed to be complete, correct or up-to-date. While we try to revise the blog on a regular basis, it may not reflect the most current legal developments. The opinions expressed at or through the blog are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.