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Home / Opinion Digests / Business Has No ‘Disparate Impact’ ECOA Claim (access required)

Business Has No ‘Disparate Impact’ ECOA Claim (access required)

Even if the court recognized a “disparate impact” claim against a commercial lender under Virginia’s Equal Credit Opportunity Act, plaintiffs, a businessman of Indian descent and his four medical businesses, have not stated such a claim against defendant Wells Fargo, says a Fairfax Circuit Court. This case arises out of a dispute between Krishnan Suthanthiran, his ...

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