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  • Settlements Reached in Multiple Force-Placed Insurance Lawsuits
    Mar-15-14 Miami, FL Banks and mortgage lenders who thought their use of force-placed insurance on homeowners would be an easy way to increase profits might be thinking twice, following numerous settlements in force-placed insurance lawsuits. According to reports, settlements have been reached in lawsuits filed against Bank of America, HSBC Holdings Plc, Citigrou...
  • $20,000 a Month? Thanks, Forced-Placed Insurance…
    Jun-30-13 Dade County, FL Imagine the pain, and the impossibility of a monthly cost to stay in your home, of $20,000. Per month . Such was the financial bleed reportedly felt by one plaintiff in the now-infamous Wells Fargo Force-placed insurance lawsuit , after forced-placed insurance fees drove monthly costs into the stratosphere. In reality, forced-placed i...
  • Wells Fargo Ordered to Repay $200 Million in Excessive Bank Fees
    Aug-24-10 Loveland, CO A landmark decision in California paints a revealing picture of excessive bank overdraft fees and just what some major banks are up to in an alleged effort to keep the cash flow from unsuspecting consumers. At issue is the common practice of altering the order of debits as they come into a bank, allowing the bank to pay (on behalf of t...
  • Wells Fargo's "Neat Tricks" Took Millions from Customers
    Aug-14-10 San Francisco, CA American consumers have won a halleluiah verdict in a bank overdraft charge class action suit against Wells Fargo. A California judge has ordered the megabank to pay class members a total of $203 million in restitution and the phone at the law offices of Lieff, Cabraser, Heimann & Bernstein has not stopped ringing since. "You c...
  • Fracturing Contamination Found in Landmark Study
    May-12-11 Durham, NC Critics of the mining process for natural gas known as "fracking" (fracturing) received a boost with the publication of a landmark study that suggests a definitive link between the process of fracking and contamination found in area groundwater. Even with the study, the debate over hydraulic fracturing water contamination is expected to cont...
  • Survivor Recounts Helicopter Crash
    Nov-27-08 Baltimore, MD Imagine surviving a car accident only to be involved in a fatal helicopter accident moments later. Following the trauma of the car accident, you are probably in a bit of shock but are grateful to be alive and seemingly unharmed. Then, emergency personnel tell you that you will be taken via helicopter to a trauma center so you can be thoroug...
  • Kosmos Energy Ltd. KOS Securities Fraud
    Company: Kosmos Energy Ltd. Ticker Symbol: KOS Class Period: May-12-11 to Nov-10-11 Date Filed: Jul-17-12 Lead Plaintiff Deadline: Sep-15-12 Court: Northern District of Texas Allegations: San Diego, CA: A securities class action has been commenced in the United St...
  • Bank Overdraft Fees Lawsuit Stresses Lack of Consumer Sophistication, Unfair Process
    Jan-6-21 Atlanta, GA On December 17, the U.S. Court of Appeals for the Eleventh Circuit heard oral arguments in Garcia v. Wachovia Bank , one of the bank overdraft fees lawsuits , consolidated in In Re: Checking Account Overdraft Litigation . The checking accountholders are appealing a September 2019 District Court decision that denied them the chance to proceed...
  • Banks Fight Excessive Overdraft Suits with Bid for Arbitration
    Sep-8-17 Atlanta, GA: Only a nut would sue for $35. Banks count on that when they boost overdraft fees through a technique known as “debit resequencing.” The 2010 changes in banking law that were part of Dodd-Frank have failed to kill the practice. It persists even after a $35 million class-action settlement over Union bank excessive overdraft fees...
  • Wells Fargo Hit with Force-Placed Insurance Lawsuit
    Aug-19-15 Stamford, CT Wells Fargo and Assurant face a force-placed insurance lawsuit alleging the financial firms artificially inflated force-placed insurance premiums charged to homeowners. The two companies are the latest in a line of financial institutions alleged to have charged excessively high rates for force-placed insurance - also called lender-place in...
  • Investor files lawsuit against Wells Fargo
    Apr-7-08 San Antonio, TX: A man by the name of Cory Walters filed a lawsuit against Wells Fargo, alleging that it is in violation of the Texas Business Commerce Code and the Federal Securities Act when he received financial direction from them, according to the lawsuit filed in San Antonio federal court. His suit is just one of many where people are filing lawsuits...
  • Lawsuit Alleges Tattoo Parlor Rules Violate Civil Rights
    May-14-08 Watsonville, CA A lawsuit has been filed in San Jose federal court that alleges that Watsonville's rules that govern tattoo shops violate civil rights. The lawsuit is stating that equal protection rights and free speech are violated, which would be in violation of the Constitution's 14 Amendment. Kate Wells, a civil rights lawyer based out of Santa Cruz...
  • $13M Wells Fargo Unpaid Breaks and Wages Class Action Lawsuit Settlement Reached
    Los Angeles, CA: A $13 million settlement has been reached between Wells Fargo and around 44,000 employees in California who filed an unpaid wages class action lawsuit. Specifically, the lawsuit alleges the bank failed to pay for hours worked off-the-clock, including both overtime and straight-time pay, and failed to provide meal and rest breaks. If...
  • Wells Fargo Bank JP Morgan Chase Face Interest Rates Lawsuit
    San Francisco, CA: Wells Fargo Bank and JP Morgan Chase are facing a federal class action over alleged violations of the Racketeering Influenced and Corrupt Organizations (RICO) Act. The lawsuit alleges the defendants charged inflated fees and interest rates to homebuyers who go into default. Filed by lead plaintiff Latara Bias, the class action...
  • Wells Fargo Agrees $37M to Settle Bid-Rigging Lawsuits
    New York, NY: Class action lawsuits filed by various municipalities against Wells Fargo look set to end, as Wells Fargo & Co has agreed to settle the suits, but they are pending court approval. The lawsuits alleged bid-rigging by Wachovia's municipal derivatives group, according to a report on Reuters.com. Wells Fargo, which acquired Wach...
  • Michelex Corp. Wells Fargo Lending Dispute Settlement
    Wells Fargo filed a lawsuit against the specialty plastic product company over a lending dispute. Wells Fargo sued Michelex, claiming the bank was owed just under $3 million in promissory notes. Michelex has agreed to pay Wells Fargo $1,025,000 by April 20, 2006 and $1,400,000 by August 31, 2006. (Apr-12-06) [ HOUSTON CHRONICLE ] Legal Help ...
  • City of LaCrosse sues 3M Company over PFAS Water Contamination
    Mar-30-21 LaCrosse, WI On March 4, the City of La Crosse filed a lawsuit in the Wisconsin Circuit Court alleging that 3M Company and 22 other defendants produced and marketed products containing perfluoroalkyl and polyfluoroalkyl (PFAS/PFOA) with knowledge that these substances were likely to contaminate public and private wells throughout the city. The PFAS/PFO...
  • Farmers Insurance Claims Adjusters Reach $4.9 Million Settlement
    Sep-26-16 San Francisco, CA: Insurance adjusters for Farmers Insurance and their employer have reached a $4.9 million settlement in the California labor lawsuit filed against the insurance company. The California wage and hour lawsuit was filed by adjusters who alleged Farmers Insurance violated state and federal labor laws and owed workers for unpaid wages and...
  • Active Santa Susana Fault Lines Intersect All Natural Gas Storage Wells In Aliso Canyon
    Feb-15-16 Porter Ranch (February 12, 2016) (Press Release): The Santa Susana fault, which begins east of Fillmore and runs into the San Fernando Valley, intersects all of the natural gas injection wells located in the Aliso Canyon Underground Storage Facility. Combined with the aging infrastructure, the presence of this fault increases the risk of additional well blo...
  • Bank of America Settles Bank Overdraft Fees Lawsuit
    Sep-5-11 Tampa Bay, FL Customers who are concerned about excessive bank overdraft fees may be happy to hear that some bank overdraft fees lawsuits have been settled, with the defendants paying for their alleged excessive bank fees. Both Bank of America and Wells Fargo have or will pay customers for practices that critics and a judge argue are unethical. Meanwhi...
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