3rd Circuit:  Man Who Failed To Read Loan Contract Cannot Raise Equitable Tolling

Mealey's (September 28, 2020, 9:53 AM EDT) -- PHILADELPHIA — A Third Circuit U.S. Court of Appeals on Sept. 24 affirmed the dismissal of a borrower's class action lawsuit accusing his mortgage lender of violating the Truth in Lending Act (TILA) as untimely, holding that he could not raise the doctrine of equitable tolling because he did not read the loan contract and failed to sufficiently allege that the lender misled him (Paul Aversano v. Santander Bank N.A., No. 19-2868, 3rd Cir., 2020 U.S. App. LEXIS 30479)....