Opinion ID: 177521
Heading Depth: 3
Heading Rank: 1

Heading: The Hobson Action

Text: To begin, we note another putative nationwide class action relevant to (though not a part of) these appeals. While the appeal in Community Bank I was pending, counsel for the Objectors filed a putative nationwide class actioncaptioned Hobson v. Irwin Union Bank and Trust Co., et al. in the federal District Court for the Northern District of Alabama. According to the Objectors, Hobson was filed to address the inadequacy of the Settling Plaintiffs and their failure to pursue, but nonetheless release, TILA/HOEPA claims, as well as to represent persons who (1) were victims of the Shumway predatory lending scheme, but (2) whose loans were not purchased by RFC (and thus did not fall within the class). (Objectors' Br., No. 08-3621, at 22.) In May 2005, the Judicial Panel for Multidistrict Litigation transferred Hobson to the Western District of Pennsylvania. After our remand in Community Bank I, the attorneys for the Hobson plaintiffs filed (1) a motion for class certification (in Hobson ), (2) a motion to appoint one of the law firms representing the Objectors Walters, Bender, Strohbehn & Vaughn as interim lead class counsel (in the Hobson action, as well as the consolidated Kessler action), and (3) a motion to file a Proposed Second Amended Class Action Complaint (in the consolidated Kessler action).