Article: LendingTree Sued in Nationwide Class Action Announces Teuton, Loewy & Parker LLP.

IRVINE, Calif., Oct. 11 /PRNewswire/ -- The law firm of Teuton, Loewy & Parker LLP announced today that it filed a nationwide class action against LendingTree, LLC and its wholly-owned subsidiary, Home Loan Center, Inc., on behalf of consumers. The class alleges that LendingTree, LLC and Home Loan Center, Inc., which does business as "LendingTree Loans," have engaged in unfair business practices and false advertising. The complaint was filed in Orange County Superior Court on October 11, 2006.

LendingTree's familiar slogan is: "When banks compete, you win." With this slogan, LendingTree styles itself as an online lending exchange that connects borrowers to a ...

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