U.S. Bank Update

In November 2011 we asked the Court to permit us to proceed with the case as a group and to approve a letter that would inform all other MLOs about the case and give them the opportunity to join. US Bank vehemently opposed the motion, and we spent months filing briefs supporting our position and refuting US Bank’s arguments. We are pleased to report that on September 27, 2012, the Court granted our request and certified this case as a collective action. In the next few weeks current and former MLOs who worked for US Bank will receive a Court-approved letter describing the case and our claims, and providing instructions on how they can join. If you have any questions, please contact our clerk, Brigit Boler at bboler@nka.com or 612-256-3219.