Zaya Younan sues Royal Business Bank for fraud and predatory lending practices

From GlobeNewswire: 2025-03-05 13:27:00

Zaya Younan has filed a lawsuit against Royal Business Bank and its top executives, accusing them of fraud and predatory lending practices. The lawsuit alleges deliberate misrepresentation of loan terms, unethical business practices, and emotional distress inflicted on borrowers. Former executives have been involved in similar misconduct, adding to the severity of the claims.

The lawsuit and supporting documentation will be sent to key government agencies, highlighting the risks posed by fraudulent practices to investors and consumers. Royal Business Bank, a publicly traded institution on NASDAQ, now faces legal challenges, regulatory scrutiny, and reputational damage. The litigation aims to recover damages incurred by plaintiffs due to the bank’s alleged fraud.

Borrowers affected by Royal Business Bank’s practices are encouraged to come forward, as there may be a possibility of a collective class action lawsuit. Zaya Younan emphasizes the importance of holding the bank and its executives accountable for their misconduct and ensuring justice and compensation for all affected parties.



Read more at GlobeNewswire: Zaya Younan Launches Landmark Fraud Lawsuit Against Royal