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28 Jul 2017, 8:24 am by Giskan Solotaroff & Anderson LLP
Great article in the New York Times this morning from Gretchen Morgenson regarding Wells Fargo forcing unwanted auto insurance on borrowers. [read post]
28 Jul 2017, 8:24 am by Giskan Solotaroff & Anderson LLP
Great article in the New York Times this morning from Gretchen Morgenson regarding Wells Fargo forcing unwanted auto insurance on borrowers. [read post]
22 Jun 2015, 12:07 pm by Daily Record Staff
This grant complements Wells Fargo’s $300,000 Working Forward Fund, which was recently established to create opportunities for adult employment ... [read post]
20 Apr 2018, 10:54 am by Austin Koltonowski
Two federal regulators on Friday announced [press release] a $1 billion settlement with Wells Fargo [official site] after finding [text, PDF] that the the bank violated the Consumer Financial Protection Act. [read post]
13 Oct 2016, 12:45 pm by Emelina Perez
Hours after the news, Wells Fargo share prices increased [LA Times report] by 1.65 percent. [read post]
7 Dec 2017, 7:26 am by Silver Law Group
Guimares, Wells Fargo: Unsuitable Investment Advice. appeared first on Securities Arbitration Lawyers Blog. [read post]
25 Sep 2016, 11:18 am by Emelina Perez
According to the lawsuit, Wells Fargo was aware [Reuters report] that their strict sales quotas were... [read post]
27 Feb 2020, 1:39 pm by Astarita
The Securities and Exchange Commission today announced settled charges against Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network for failing reasonably to supervise investment advisers and registered representatives who recommended…Read the Full Press ReleaseHave a securities law question? [read post]
17 Sep 2016, 1:06 pm by Mark Casper
A class action lawsuit [CNN report] was filed on Friday in a US District Court in Utah against Wells Fargo [corporate website] by customers alleging invasion of privacy, fraud, negligence, and breach of contract. [read post]
4 Feb 2019, 7:52 am by Daily Record Staff
(“Wells Fargo”), the appellee, asserting a claim for unfair and deceptive trade practices under the Maryland Consumer Protection Act, Md. [read post]
7 Feb 2013, 9:41 am
The broker acted based on research she was provided by Wells Fargo, so Wells Fargo was found solely liable for the investor's losses. [read post]
15 Oct 2010, 7:50 am
Wells Fargo last week agreed to a settlement with attorneys general of eight states, including Florida, in response to claims of deceptive marketing practices surrounding payment option adjustable rate mortgage originated by a Wells Fargo Bank subsidiary bank. [read post]
9 Oct 2008, 9:23 pm
Citigroup said late Thursday that it will not try to block a merger between Wachovia and Wells Fargo, but that it would continue to seek $60 billion in legal damages after the Charlotte-based bank spurned a $2.2 billion deal proffered by Citigroup at the government’s behest. [read post]
17 Jan 2012, 1:35 pm by By PETER EAVIS
In contrast to its peers, Well Fargo made $430 million in net gains from trading activities in the fourth quarter, compared with a $442 million loss in the third quarter. [read post]
17 Oct 2011, 5:09 am by By BEN PROTESS
Wells Fargo, the nation's largest consumer lender, said its third-quarter earnings rose 21 percent, even as a drop in revenue indicated a disappointing sign for the bank. [read post]
22 Jan 2015, 1:33 pm by Associated Press
Wells Fargo and JPMorgan Chase have agreed to pay more than $35 million combined to resolve claims that loan officers at the two banks received kickbacks in exchange for steering mortgage borrowers to a Maryland title company. [read post]
24 Mar 2010, 2:52 am by By DEALBOOK
GMAC Financial Services, the U.S. auto finance company, agreed to sell its factoring business unit to Wells Fargo, Bloomberg News reported, citing two people with direct knowledge of the matter. [read post]
3 Jul 2014, 8:19 am by Bloomberg
CWCapital Asset Management and Wells Fargo & Co. were sued by lenders claiming they are being cheated out of hundreds of millions of dollars in the takeover of the Stuyvesant Town and Peter Cooper Village development in Manhattan. [read post]