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14 Feb 2020, 6:31 am
As the latest chapter in the aftermath of the Wells Fargo fake accounts scandal, on January 23, 2020, the Office of the Comptroller of the Currency (“OCC”) announced enforcement actions against eight former Wells Fargo executives for their roles in the bank’s “systemic sales practices misconduct. [read post]
12 Jan 2012, 2:28 pm
As a result of this significant fine by FINRA, the attorneys at Eccleston Law are actively seeking investors who have suffered losses in reverse convertibles sold through Wells Fargo & Co. [read post]
3 Oct 2016, 10:00 am
Many of the accounts Wells Fargo opened for customers required hard inquiries into their credit histories. [read post]
30 Aug 2017, 11:04 am
Customarily, Wells Fargo waives such extra fees when the fault can be attributed... [read post]
30 Sep 2021, 12:03 pm
Oakland had claimed that Wells Fargo steered Black and Latino borrowers into riskier mortgages in violation of the FHA. [read post]
13 Jul 2012, 3:15 am
Wells Fargo, the nations largest mortgage lender, has agreed to pay $175 million to settle accusations that it pushed black and latino borrowers into high costs loans and then charged them excessive fees. [read post]
22 Jan 2015, 1:49 pm
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]
22 Sep 2008, 1:11 pm
Reuters - New York (Reuters) - Wells Fargo and Co., the fifth largest U.S. bank, said on Monday it expects a charge to write down the third quarter of $ 480 million in investments related to preferred stock of Fannie Mae and Freddie Mac. [read post]
3 Feb 2022, 4:54 pm
On January 25, 2022, Fulton Superior Court Judge Belinda Edwards issued an order vacating a FINRA arbitration award and finding, among other things that "Wells Fargo and its counsel manipulated the arbitrator selection process. [read post]
3 Mar 2017, 12:00 pm
Duenas-Brown was a branch manager for 11 out of the 14 years she worked at Wells Fargo in Sonoma County, California. [read post]
10 Oct 2016, 6:42 pm
The Wells Fargo fake account scandal, first uncovered by the Los Angeles Times in 2013, is growing. [read post]
2 Mar 2011, 7:56 am
In case you missed this recent story, here is a link to the details of a Philadelphia man's efforts to foreclose on a Wells Fargo bank branch. [read post]
6 Jul 2010, 4:15 pm
Wells Fargo did none of those things. [read post]
6 Dec 2017, 1:19 pm
An investigation was opened [press release] against Wells Fargo last year after Prudential employees accused Wells Fargo of signing up customers for insurance policies without permission. [read post]
22 Apr 2017, 6:48 am
On April 10, 2017, a committee of independent directors of Wells Fargo released a 110-page report on the results of an investigation into the root causes of improper sales practices at Wells Fargo’s Community Bank (the “Community Bank”). [1] The report will likely be studied by regulators, congressional committees, financial institutions, and other companies for insights into the causes of problematic sales practices and, more broadly, insights… [read post]
23 Feb 2009, 1:20 pm
On Friday, February 20th, it was announced that Wachovia Securities brokers will not be getting a retention bonus from Wells Fargo. [read post]
16 Aug 2019, 9:42 am
Continue reading The post Wells Fargo Allegedly Charged Overdraft Fees on Closed Accounts appeared first on Investor Lawyers Blog. [read post]
22 Apr 2017, 6:48 am
On April 10, 2017, a committee of independent directors of Wells Fargo released a 110-page report on the results of an investigation into the root causes of improper sales practices at Wells Fargo’s Community Bank (the “Community Bank”). [1] The report will likely be studied by regulators, congressional committees, financial institutions, and other companies for insights into the causes of problematic sales practices and, more broadly, insights… [read post]
1 Jul 2016, 12:25 pm
Ross recently moved to Wells Fargo after spending 30 years at Merrill Lynch. [read post]
17 Aug 2012, 6:52 am
Wells Fargo Bank, N.A. v. [read post]
