The U.S. Justice Department announced on December 21, 2011 that Bank of America agreed to a $335 million settlement for racial bias allegations in connection with Countrywide Financial mortgage loans. This is the largest residential fair lending settlement in history, according to the New York Times.

The hazards of some toys that may find their way under your tree this holiday season can be serious—even fatal. On November 22, 2011, the Florida Public Interest Group (“PIRG”) released its 26th annual “Troubles in Toyland” report on dangerous toys.

On November 1, 2011, the Federal Reserve Board announced that homeowners who believe they were financially harmed during the mortgage foreclosure process by certain banks and other lending institutions in 2009 and 2010 may be entitled an independent review and potential compensation.

As a result of the economic downturn and residential mortgage crisis in recent years, Floridians have been hit the hardest. According to the Daily Finance, 24% – nearly a quarter – of all home loans in Florida are delinquent, and 14% are in foreclosure.

Following last week’s criminal conviction of Conrad Murray, the doctor who fatally administered the propofol anesthetic to Michael Jackson, the civil lawsuits alleging wrongful death against Murray are already underway.

This past Saturday, the injury and trial attorneys as well as bankruptcy lawyers at PERENICH The Law Firm were among nearly 20 food sponsors at the St. Petersburg Bar Association’s annual Oktoberfest.

As if the foreclosure situation in Florida wasn’t already fraught with issues of title and proper ownership, an Osceola County, Florida man has compounded the problem by placing himself on more than 100 deeds to foreclosed properties. The deeds are improper because the man, named Jacob Dyck, convinced homeowners to sign a deed to the property over to Dyck in exchange for a fee and rent.

PERENICH The Law Firm sponsored the North Pinellas Kiwanis Corn Toss Tournament last Saturday, September 17, 2011. The inaugural event took place at Boyle’s Backyard Neighborhood and Grill in Palm Harbor, Florida. Gregory Perenich, a partner at the firm, participated at the event with his son.