A federal judge in Texas dismissed with prejudice a high-profile discrimination lawsuit against Colony Ridge Development while sharply criticizing a proposed settlement agreement that would have directed millions of dollars toward infrastructure and immigration enforcement rather than compensating alleged victims.

In an order filed on April 28 in the U.S. District Court for the Southern District of Texas, Judge Alfred H. Bennett said the proposed settlement between the Consumer Financial Protection Bureau (CFPB), the Department of Justice (DOJ) and Colony Ridge “bears little relationship to the claims asserted in the complaint.”

The CFPB and DOJ sued Colony Ridge details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com