General World News

Longbridge wins partial preliminary injunction against Mutual of Omaha

The federal judge overseeing the case brought by reverse mortgage lender Longbridge Financial against market leader Mutual of Omaha Mortgage over allegedly deceptive advertising practices has ruled that some of Longbridge’s claims warrant limited injunctive relief, finding that “the law and facts clearly favor some of Longbridge’s claims.”

The order was handed down Tuesday by Judge Dana M. Sabraw, an appointee of President George W. Bush, in the U.S. District Court for the Southern District of California. Longbridge filed the suit last fall, alleging that a series of advertising details ⇒

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