LAS VEGAS, Feb. 1, 2016 /PRNewswire/ -- After a nine year battle against "The Big Banks", Las Vegas Realtor Michael Bondi's federal lawsuit against Bank of America, N.A. and Nationstar Mortgage, LLC, is finally moving forward. Bondi is claiming fraud, civil conspiracy, misrepresentation, violations of the Federal Fair Credit Reporting Act and the Federal Fair Debt Collections Practices Act.
Bondi's complaint got a major boost when attorney's for Nevada Public Radio (KNPR) received a subpoena from Bank of America to turn over files from an interview in October 2015. Bondi discussed his lawsuit on KNPR's "State of Nevada" program on 88.9 FM, a public media radio station in Las Vegas.
Nevada Shield Law is robust and protects the media from events such as this. Bank of America decided to back down from the subpoena and withdrew it after KNPR's attorneys got involved. "It's clear they are scared of me and my social media following. I guess their attorneys are not familiar with laws protecting freedom of the press and freedom of speech," Bondi said. Bondi currently has over 70,000 followers on twitter @shutdownbofa.
Ironically, Bank of America's attorney's admitted in court that they were upset at Bondi's social media followers and website since they believe Bondi is ruining Bank of America's business reputation with his allegations on social media and in his Federal Lawsuit.
Bondi's lawsuit alleges that in 2013, Bank of America sold his zero balance loan to Nationstar Mortgage which then improperly reported $70,000 of debt from a foreclosure resulting in a "Major Derogatory/Charge-Off" being placed on his credit report.
Bondi's federal lawsuit is now moving forward with both sides scheduling depositions in February. He is hoping his case will go to a Federal Jury sometime in 2016.
Bondi believes that there are other people out there with similar issues. He is looking for other victims that may have dealt with Bank of America or Nationstar Mortgage, LLC. Bondi requests you contact him at: www.shutdownbofa.com.
Several news media outlets want to do a follow-up story with other victims besides Bondi. Bondi is hoping that there will be a class action lawsuit coming soon to help other victims.
Reggie Burton, Reggie Burton Communications, LLC
702-558-9202 or RB@reggieburton.com
SOURCE Michael Bondi