Expert Testimony Properly Excluded In Discriminatory Lending Suit, Banks Argue

Mealey's (August 11, 2022, 5:02 PM EDT) -- CHICAGO — A federal district court properly excluded testimony on behalf of Cook County, Ill., by two experts the county sought to use to prove that Bank of America Corp. and other banks engaged in a massive discriminatory and predatory lending scheme against minority borrowers in violation of the Fair Housing Act of 1968 (FHA) because neither expert’s testimony was reliable under the framework set forth in Daubert v. Merrell Dow Pharmaceuticals Inc., the banks argue in an Aug. 2 appellee brief filed in the Seventh Circuit U.S. Court of Appeals....