Transamerica Financial Corp. v. Superior Court
Court of Appeals of Arizona
1Opinion of the Court
OPINION
HAIRE, Judge.
This special action presents an issue of first impression concerning the existence of a private right of action under the Arizona Consumer Loan Act, A.R.S. § 6-601 et. seq. It is a class action suit that involves an estimated 2600 class members. In addition, there are at least four other actions pending in the Arizona state and federal courts involving this same issue. 1 Each of the class action suits involves hundreds of class members and seeks millions of dollars in relief, and each involves the basic legal issue presented in this special action. Accordingly, we find…
2Cases cited27 opinions
- Cort v. AshSupreme Court of the United States · 1975
- Cannon v. University of ChicagoSupreme Court of the United States · 1979
- Touche Ross & Co. v. RedingtonSupreme Court of the United States · 1979
- Middlesex County Sewerage Authority v. National Sea Clammers Assn.Supreme Court of the United States · 1981
- Transamerica Mortgage Advisors, Inc. v. LewisSupreme Court of the United States · 1979
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3Cited by4 opinions
- Leonard H. v. Beneficial Arizona, Inc.Arizona Supreme Court · 1999
- Transamerica Financial Corp. v. Superior CourtArizona Supreme Court · 1988
- Rascon v. Transamerica Financial Corp.Court of Appeals of Arizona · 1990
- Wingsco Energy One v. Vanguard Groups Resources 1984, Inc.District Court, S.D. Texas · 1988