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Sort by date 298 pages found matching Wells Fargo- New Excessive Overdraft Fee Protection Laws to Cost Wells Fargo $500 Million
Aug-12-10 San Francisco, CA Wells Fargo, one of the nation's largest banks, recently said that it will lose $500 million in the second half of the year due to new laws that protect consumers from excessive overdraft fees . One of the provisions in the recently passed Dodd-Frank Wall Street Reform and Consumer Protection Act is a recommendation from the Federal... - Attorney Brian Maul Wins Big for Sub Prime Mortgage Victim
Aug-13-08 Frederick, MD Attorney Brian Maul says he has had several phone calls this week from people who would like his help, after he won a whooping $1.25 million in compensatory and punitive damages at trial against the Wells Fargo Bank on behalf of woman who was a victim of the sub prime mortgage debacle. "I am sure there are others out there who went through... - Credit Card Rate Hikes: a Lose-Lose Outcome
Aug-30-06 Credit card companies only hurt themselves by raising the rates so high that many customers can't even make minimum payments. "When our interest rates were increased from 2 percent to 35 percent, we had no choice but to claim bankruptcy." "My husband and I are both 57 years old and we both had credit cards since I was 21 -- in 36 years we had never missed... - 3M to Settle PFAS/PFOA Water Contamination Lawsuit for $10.3 Billion
Jul-24-23 Stuart, FL On June 22, the 3M Company announced that it had agreed to settle a perfluoroalkyl and polyfluoroalkyl ( PFAS/PFOA ) lawsuit brought by the City of Stuart, Florida for $10.3 billion. This will end the first bellwether PFAS lawsuit brought as part of the multidistrict litigation consolidated in the District of South Carolina. The settlem... - Kosmos Energy, Ltd, KOS Securities Fraud
Company: Kosmos Energy, Ltd, Ticker Symbol: KOS Class Period: May-16-11 to Nov-10-11 Date Filed: Jan-10-12 Lead Plaintiff Deadline: Mar-10-12 Court: Texas state Allegations: Houston, TX: A securities class action lawsuit has been filed against Kosmos Energy, Ltd. ("Kosmos Energy") and... - Porter Ranch Gas Leak: Attorney Robert Kennedy Jr. Weighs In
Dec-17-15 Porter Ranch, CA: Environmentalist lawyer and activist Robert Kennedy Jr. has joined attorney Brian Panish and the R. Rex Parris Law Firm in a class-action lawsuit on behalf of individuals affected by the Porter Ranch gas leak. LawyersandSettlements (LAS) interviewed Mr. Kennedy about the gas leak, the potential danger to residents and how damages might... - Lawsuit Filed Following Tragic Helicopter Crash
Dec-16-10 District Heights, MD A lawsuit has been filed following a 2008 helicopter crash in which four people died. Two other lawsuits have also been filed against the Federal Aviation Administration (FAA) related to that helicopter accident. The 2008 helicopter crash involved a Maryland State Police helicopter. One person survived the crash. That person, Jo... - Gambling on Requip? You Just Might Be…
Feb-17-09 Washington, DC The drug Requip, used to treat Parkinson's and Restless Leg Syndrome, is only now getting the media attention it deserves after many patients have fallen into a tailspin of reckless behavior, including compulsive gambling . However, the suspicion with regard to compulsive behavior and dopamine agonists goes back to 2003, when a trio of... - Chicago L-Station Nightmare
May-2-08 Chicago IL: Rush hour, downtown Chicago, on a Friday afternoon - the perfect setting for a major truck accident . And that's just what happened on Friday, April 25, 2008, when a renegade tractor-trailer rig plowed into the Cermak/Chinatown Chicago Transit Authority L-station killing two women and injuring a further 21 innocent bystanders. The tractor-t... - Excessive Bank Overdraft Fees Lawsuit News & Legal Information
Several banks and credit unions have faced allegations that they used deceptive practices in charging customers excessive overdraft fees. Allegations have been made about excessive bank overdraft fees . Specifically, customers of some banks allege that they have been the victims of excessive overdraft fees and that banks have used misrepresentation of acc... - It Just Got Harder to Sue Your Bank for Excessive Overdraft Fees
Oct-30-17 Washington, DC: On October 24,2017, the Senate voted to overturn a Consumer Financial Protection Bureau (CFPB) rule that limited banks’ ability to enforce mandatory arbitration clauses in consumer contracts. While this change is unlikely to alter the course of existing excessive overdraft fee lawsuits , it will make it much harder for consumer... - $165M NovaStar MBS Settlement Gets Preliminarily Approval
Santa Clara, CA: A $165 million settlement has received preliminary approval, potentially ending allegations of securities fraud fraud against Wells Fargo, Deutsche Bank and the Royal Bank of Scotland, for their underwriting of $7.7 billion worth of mortgage-backed securities (MBS) issued by bankrupt subprime lender NovaStar. If granted final cour... - Wells Fargo Reaches $14.5M Debt Collection TCPA Class Action Settlement
Los Angeles, CA: A $14.5 million preliminary settlement has been reached in a Telephone Consumer Protection Act (TCPA) class action lawsuit brought on behalf of millions of customers who alleged Wells Fargo Bank NA called them on their cellphones to collect credit card debt. Brought by lead plaintiff Lillian Franklin, the settlement motion, if appr... - $19.5M Settlement Reached in Wells Fargo and QBE Force-Placed Insurance Class Action Lawsuit
Miami, FL: A $19.5 million settlement has been reached in a force-placed insurance class action pending against Wells Fargo Bank and QBE Insurance. The lawsuit alleged that Florida homeowners were overcharged for the insurance, and that Wells Fargo unfairly took commission on the insurance, which it assigned to the homeowners through QBE. Force-pl... - Force-Placed Insurance Lawsuits on the Rise
Insurance companies, banks and other financial firms face force-placed insurance lawsuits alleging their force-placed insurance is offered at outrageous rates because of the relationship between banks and insurance companies. Allegations have been made that force-placed home insurance is much more costly than traditional home insurance and could be a c... - Force-Place Insurance FAQ
What is force-placed insurance? Force-placed insurance , also known as lendor-placed insurance, is insurance that has been placed by a lender, bank or mortgage servicer when the homeowner’s insurance is canceled, has lapsed or is not deemed sufficient (such as if the homeowner requires additional flood coverage but does not have that coverage on hi... - Wells Fargo Overlimit Settlement
On October 6, 2005, the Superior Court in the County of San Francisco granted final approval of a settlement paying $1 million to Wells Fargo customers with credit cards linked to their checking accounts for overdraft protection. The plaintiff brought the suit after her entire credit limit was advanced to cover her checking account and a program fee was... - NorVergence Inc. Settlement
Lyon Financial Services and Wells Fargo Financial Leasing Inc. had both bought lease agreements with the bankrupt, New Jersey based telephone equipment and service company. NorVergence allegedly misrepresented and overstated the value of network devices it installed. The company purchased the devices from a manufacturer for a fraction of the price. In t... - Firefighting Foam $17.5M Settlement a “Huge Milestone”
Feb-16-21 Peshtigo, WI Peshtigo residents have reached a $17.5 M settlement in a firefighting foam lawsuit filed against Tyco Fire Products and two other companies over per- and polyfluoroalkyl substances (PFAS) contamination. Plaintiffs claimed their drinking water from private wells was contaminated with “forever chemicals” from the use of firefighti... - Save Porter Ranch and 24 Residents File Class Action Claim
Apr-20-16 Los Angeles, April 19, 2016 (Press Release): - Save Porter Ranch discovered public records showing the Division of Oil, Gas and Geothermal Resources (DOGGR) knew of leaking wells and yet DOGGR repeatedly issued permits to SoCalGas without the proper data showing gas would be confined underground. One example is API 03721313 (32F). Well 32F had a patch ins...