Jordan v. Paul Financial, LLC

ORDER DENYING RBS FINANCIAL PRODUCTS INC.’S MOTION FOR SUMMARY JUDGMENT; GRANTING PLAINTIFF’S MOTION FOR CLASS CERTIFICATION

SUSAN ILLSTON, District Judge.

Presently pending before the Court are a motion by defendant RBS Financial Products Inc. (“RBS”) for summary judgment, and a motion by plaintiffs for class certification. Having considered the arguments of the parties, the papers submitted, and for good cause shown, defendant’s motion is DENIED, and plaintiffs’ motion is GRANTED.

BACKGROUND

I. The Loan

In 2005, plaintiff Gregory Jordan (“Jordan”) and plaintiffs Eli and Josephina Gold-haber…