City Officials Cheer $98 Million F.D.N.Y. Settlement

The F.D.N.Y. logo. (Photo: Twitter)
The F.D.N.Y. logo. (Photo: Twitter)

Mayor Bill de Blasio’s administration today announced a major $98-million agreement to settle a 7-year-old lawsuit brought by a black firefighters’ group accusing the city’s fire department of discriminating against African-American and Hispanic applicants. 

The decision was announced by lawyers from the Center for Constitutional Rights, who represented the group, the Vulcan Society, according to the Associated Press. Continue reading “City Officials Cheer $98 Million F.D.N.Y. Settlement”

De Blasio ‘Glad’ City Agreed to Settle RNC Arrest Lawsuit

An NYPD officer. (Photo: Getty)
An NYPD officer. (Photo: Getty)

Mayor Bill de Blasio is pleased that his new law department has agreed to pay out $18 million to settle various lawsuits stemming from the 2004 Republican National Convention, where many alleged they were illegally arrested by the NYPD.

“I’ll simply say I’m glad the case is settled,” Mr.  de Blasio told reporters this afternoon, speaking at a press conference outlining his plan to reduce traffic fatalities. “I have spoken before about my concerns about how that situation was handled at the time and I’m glad we’re moving forward.” Continue reading “De Blasio ‘Glad’ City Agreed to Settle RNC Arrest Lawsuit”

Eric Schneiderman Suing Three Major Banks For ‘Deceptive And Fraudulent Foreclosure Practices

eric schneiderman mortgage Eric Schneiderman Suing Three Major Banks For Deceptive And Fraudulent Foreclosure Practices
Eric Schneiderman (Photo: Getty)

State Attorney General Eric Schneiderman filed a suit today against Bank Of America, J.P. Morgan Chase and Wells Fargo for creating and using a private national mortgage electronic registry system called MERS to bring ” foreclosure proceedings en masse based on deceptive and fraudulent court submissions.”

“The banks created the MERS system as an end-run around the property recording system, to facilitate the rapid securitization and sale of mortgages,” Mr. Schneiderman said in a statement about the suit. Continue reading “Eric Schneiderman Suing Three Major Banks For ‘Deceptive And Fraudulent Foreclosure Practices”