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RIO GRANDE SUN DETAILS CLIENT’S BATTLE WITH ZIA CREDIT UNION

News

RIO GRANDE SUN DETAILS CLIENT’S BATTLE WITH ZIA CREDIT UNION

Nancy Stanley

SANTA FE, NM  February 9, 2017 - Thursday’s Rio Grande Sun details the recent jury verdict won by Ben Allison and Justin Miller in favor of Bardacke Allison client Stella Vigil against Zia Credit Union. Headlined “Woman’s Bank Account Cleaned Out,” the article highlights Zia Credit Union’s use of inflated appraisals in its lending process, Zia’s culpability in making a bad loan to Stella’s daughter, and Zia’s failure to follow its own policy requiring Zia to warn Stella about the risk to her life savings. The Sun explains that the Rio Arriba County jury found the credit union liable on all counts, including that the credit union violated New Mexico’s Unfair Practices Act. The Firm is awaiting a decision on a motion to triple the damages as a punitive measure to stop the credit union from treating other members the same way in the future.