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Debtor Sues Lenders for Alleged Violations of the Fair Credit Reporting Act (Drinker Biddle & ...

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(Source: Drinker Biddle & Reath LLP) On September 18, 2015, Margaret M. Okamoto ('Plaintiff') filed a complaint (the 'Complaint') in The United States District Court for the District of Nevada alleging violations of the Fair Credit Reporting Act, 15 U.S.C. § 1681 et seq. (the 'FCRA'), against, inter alia, Bank of America, N.A. ('BOA'), Mutual of Omaha Bank ('MOB'), and Experian Information Solutions, Inc. (collectively, 'Defendants'). See Okamoto v. Bank of America et al., No. 2:15-cv-01800-GMN-GWF (Sept. 18, 2015). The Complaint alleges that Defendants violated the FCRA by reporting and failing to correct inaccurate and derogatory information on Plaintiff's credit report after Plaintiff...

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