Judge: Borrowers Properly Plead Price-Fixing Scheme For Sherman Act Claim

Mealey's (April 9, 2021, 11:10 AM EDT) -- GREENBELT, Md. — A federal judge in Maryland on April 2 denied a motion to dismiss a claim for violation of the Sherman Act filed by defendants in a consumer class action, ruling that borrowers have pleaded sufficient evidence to show that a horizontal price-fixing agreement existed between the defendants and a title and settlement services company, which were direct competitors....