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Martin & Jones Obtains $42.5 Million On Behalf Of North Carolina Consumers

April 15, 2018

After an eight-year fight against one of America’s largest banks that went to the North Carolina Supreme Court, Martin & Jones obtained a $42.5 million settlement on behalf of North Carolina consumers. In a landmark decision, the North Carolina Supreme Court held that an arbitration clause included in the mortgage contracts by the bank was unenforceable, and that clause was stricken from the contract. Our clients had been sold abusive insurance products with home loans. The settlement provided “treble damages” for many borrowers, who recovered on average in excess of $32,000 each. Martin & Jones received the “Defenders of Justice Award” by the North Carolina Justice Center for their work in this case.

(Cases or matters referenced do not represent the law firm’s entire record. Each case is unique and must be evaluated on its owns merits. The outcome of a particular case cannot be predicated upon a lawyer’s or a law firm’s past results. Unless otherwise specified, each of the following matters was contested on liability and/or damages, the opposing parties were represented, the matters involved complex legal and/or factual issues, and the law firm was successful in collecting the amounts stated. Case summaries are from 2000 through the present.)

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“I would like to leave a testimonial thanking Steven and Allison for their care and understanding. Steven’s pursuit and success in getting some compensation for our loss. A final closure of our loss of brother Mike. Thanks to Martin & Jones for looking after Mike’s care since his injury in 2005. You have been there for Mike and his family for a long time. Mike passed in 2016 and you stood for the family up to the present (July 2017). Many thanks.”

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The law firm you choose makes a difference. If you are the victim of an accident or an illness that someone else caused, the North Carolina personal injury law firm of Martin & Jones has the depth of experience, skills and sensitivity to make your road to recovery as smooth as possible. Whether you have experience with the legal system or have never hired a medical malpractice or personal injury lawyer before, our attorneys and staff will do our best to answer your questions, provide clear advice and prepare you and your family for what to expect. If you would like more information or to meet with one of our attorneys, please fill out the form below or call us at 800.662.1234.