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Sort by date 297 pages found matching wells fargo- Wells Fargo Fake Bank and Credit Card Account Fraud Revealed
Sep-8-16 Santa Clara, CA: Wells Fargo is facing $185 million in fines, after authorities uncovered millions of fraudulent bank and credit card accounts set up by bank employees in order to boost or hit sales targets. Further, the employees also made up PIN numbers and email accounts in connection with the false accounts, to get people to sign up for online... - $30 Million Proposed Settlement Reached in Wells Fargo TCPA Lawsuit
Sep-4-16 Atlanta, GA: Wells Fargo has reached a preliminary settlement worth around $30 million in the TCPA lawsuit filed against it. The settlement addresses allegations the financial institution violated the Telephone Consumer Protection Act (TCPA) by using autodialers and systems that helped the system predict when consumers were likely to answer their phone... - Securities Lawsuit Filed Against Wells Fargo
Nov-18-12 Columbus, NB A securities lawsuit has been filed against Wells Fargo, alleging the company misled managers of Nebraska Public Power District's (NPPD) retirement plan about the risks associated with an investment. The securities fraud lawsuit alleges Wells Fargo engaged in fraud, misleading statements and other deceptive practices when marketing its inv... - The Wachovia Watch: A New Savior Emerges as US Economy Barely Hangs On
Oct-3-08 San Francisco, CA On the eve of what will likely be an historic vote in the US House of Representatives over the proposed $700 billion bailout for the nation's troubled economy, yet another bank takeover focuses additional attention on a remarkable week in the nation's economic history and further underscores the precarious health of the once-robust Wall... - One California Overtime Case Settled while another Begins
Oct-17-06 San Francisco, CA One major California overtime class action suit has been settled, but another is just starting up. As Wells Fargo announced that its overtime lawsuit had been settled, a suit was filed against the San Francisco News-Press. Both lawsuits allege that employers did not pay employees for working overtime. On Monday, October 9, Wells... - Mutual Fund Antitrust, Wells Fargo & Company et al. may pay $1.15 million class action settlement for excessive fees
San Francisco, CA: (Oct-28-07) A class action lawsuit was filed against Wells Fargo & Company, Wells Fargo Investments, LLC, H.D. Vest Investment Services, LLC, Wells Fargo Funds Trust, Wells Fargo Funds Management, LLC, Wells Capital Management Incorporated, Wells Fargo Funds Distributor, LLC, and Stephens Inc., alleging that the defendants had questionab... - TD Bank Hit with Excessive Bank Overdraft Fees Lawsuit
Jul-9-20 Camden, NJ On June 24, Judith Jimenez filed a class action bank overdraft fees lawsuit claiming that TD Bank, NA re-opened her checking account, which the bank had previously closed, for the express purpose of charging her an overdraft fee. Mission accomplished, the bank then closed her account again – all without her authorization. The laws... - Wells Fargo, Wachovia Sued for $60 Billion by Citigroup
Wells Fargo and Wachovia face a $60 billion lawsuit launched by Citigroup, after the tentative deal Citigroup was working on to purchase Wachovia's banking operations was usurped by a rival offer from Wells Fargo & Co. Filed Monday in New York Supreme Court, the complaint seeks more than $40 billion in punitive damages and more than $20 billion in com... - Time For Banks To Pay Up: Excessive Overdraft Fees Lawsuits Settled
Jul-27-18 Washington, DC: You may have been charged excessive bank overdraft fees unknowingly. Or maybe you filed a bank overdraft fees lawsuit some time ago to fight back against the banks. If so, you may be able to make money from the banks, namely Bank of America, Wells Fargo, JPMorgan Chase and TCF National Bank. Bank Overdraft Fees Under the law, a ban... - LawyersandSettlements.com Reports 70 Percent Spike in Mortgage Claims
Oct-13-12 Santa Cruz, CA (Press Release) While the aftermath of the sub-prime mortgage crisis has seen a number of large U.S. banks defending themselves against charges of misconduct, new data reported by LawyersandSettlements.com indicates consumers are still being impacted by the crisis. Mortgage-related complaints submitted to the legal news website have continue... - Lawsuit Pending Against Wells Fargo due to Illiquidity of Securities for Investors
Apr-26-08 San Francisco,CA The effects of the fallout in the auction rate securities market is being felt everywhere across the country. A crop of lawsuits is springing up for brokerage firms that dealt in securities that are now in a state of illiquidity for investors. Wells Fargo and Co. and its non-bank subsidiary, Wells Fargo Investments that is based in San Fra... - Hydraulic Fracturing FAQ
What is fracking ? Fracking, also known as hydraulic fracking or hydro-fracking, is a form of natural gas extraction by deep well drilling. How does fracking work? A pressurized mix of water and chemicals is injected deep underground, either vertically, horizontally or directionally (slanting), to create or widen fissures in shale rock form... - Hydraulic Fracturing, Fracking Contamination, Hydrofracking, EPA Hydraulic Fracking
After recent EPA hydraulic fracking reports, hydraulic fracturing water contamination has given rise to fracking contamination lawsuits. Hydraulic fracturing contamination has possible cancer links: environmentalists and the public are concerned that fracking chemicals from hydrofracking can compromise the quality of drinking water from wells locat... - Force Placed Insurance is a Forced Relationship of the Worst Kind
Oct-11-16 Los Angeles, CA: Anyone having trouble believing that their insurance company, or bank could collude in such woeful, self-interested activity as Lender insurance need only look to the alleged activities of State Farm, and Wells Fargo as an indication of behavior unbecoming to their clients, customers and American values. Last month, State Farm polic... - Wells Fargo to Pay $19 Million in Force-Placed Insurance Lawsuit
May-25-13 Miami, FL In yet another settlement involving a force-placed insurance lawsuit , a major financial firm has agreed to pay $19 million to settle allegations about its force-placed insurance practices. The force-placed insurance class action was filed against Wells Fargo in 2011, on behalf of Florida homeowners. According to South Florida Business Jou... - Wells Fargo Settles Gender Bias Suit for $32 Million
Washington, DC: A federal judge in Washington has approved a $32 million settlement of a class action brought against Wells Fargo Advisors by a group of women who alleged gender discrimination. Reportedly, some 3000 female financial advisors make up the class. Under the terms of the settlement, Wells Fargo Advisors will implement policies and pr... - Wells Fargo Settles New Jersey State Investigation into Pick-a-Payment Mortgages
New York, NY: Wells Fargo Home Mortgage has reached a settlement of a state investigation into whether mortgages sold by Wachovia Corp., Golden West and World Savings, which were bought by Wells Fargo in 2008, violated the Consumer Fraud Act. They were sold as 'Pick-a-Payment' mortgages and had low monthly payment options. The investigation alleg... - Despite Recent Settlements, Banks Still Bilking Consumers Out of Billions
Jan-19-18 Washington, DC: When one looks back to 2017 and considers examples when banks have been called to account for excessive bank overdraft fees – including last November’s $66.6 million settlement to end a bank overdraft fees lawsuit against Bank of America – one would naturally assume progress is finally being made on an issue that... - Class Action Upheld in Overdraft Fees Lawsuit
Sep-12-15 Miami, FL An overdraft fees lawsuit that had been given class-action status has had that class-action status confirmed by a Florida federal judge. The excessive overdraft fees lawsuit alleged that Wells Fargo Bank improperly reordered customer transactions to increase profits from overdraft fees. Wells Fargo is not the only financial institution accuse... - Approval Given for Two More Force-Placed Insurance Class-Action Settlements
Dec-6-14 Miami, FL Two more forced-place insurance lawsuits have been given final approval by the courts, putting an end to claims that mortgage lenders force-placed insurance with excessive costs on homeowners. Meanwhile, other financial institutions have announced that they’re getting out of force-placed insurance (also known as lender insurance). In...