Juarez

Juarez v. Social Finance, Inc.

Good Law
United States District Court, Northern District of CaliforniaDecember 15, 20224:20-cv-03386California5,136 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 RUBEN JUAREZ, et al., Case No. 20-cv-03386-HSG

Plaintiffs, ORDER GRANTING MOTION FOR

PRELIMINARY APPROVAL

v. Re: Dkt. No. 93 SOCIAL FINANCE, INC., et al., Defendants.

12 Pending before the Court is Plaintiffs’ motion for preliminary approval of class action settlement. See Dkt. No. 93. The Court held a hearing on the motion. For the reasons detailed below, the Court GRANTS the motion. I. BACKGROUND A. Factual Allegations Plaintiffs Ruben Juarez, Calin Constantin Segarceanu, Emiliano Galicia, and Josue Jimenez allege that Defendants Social Finance, Inc. d/b/a SoFi and SoFi Lending Corp. d/b/a SoFi (collectively, “SoFi”) engaged in lending discrimination. Plaintiffs applied for loans, but allege that SoFi denied their applications because they were not U.S. citizens or lawful permanent residents (“LPRs”). See Dkt. No. 62 (“SAC”) at ¶¶ 120–124. Rather, Plaintiffs had either Deferred Action for Childhood Arrivals…

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