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Violation Tracker Individual Record

Company: First Franklin Financial Corp.
Penalty: $5,695,000
Year: 2011
Date: February 11, 2011
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: To resolve allegations that it discriminated against minority mortgage borrowers, First Franklin agreed to pay $3.9 million to the plaintiffs and $1.795 million to their lawyers.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 5:08-cv-1515
Case Name: In Re First Franklin Financial Corp. Litigation
Private Lawsuit Resolution Type: settlement
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.