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19 Aug 2014, 9:37 am by Kimberly Bennett
[JURIST] A judge for the US District Court for the District of Minnesota [official website] on Monday approved a settlement for $62.5 million between Wells Fargo & Co [corporate website] and large institutional clients who lost money in an investment program known as securities lending. [read post]
9 May 2012, 4:42 am by Brian Wolfman
According to a report in the Huffington Post: The Department of Justice is preparing a lawsuit against Wells Fargo, the nation's largest home mortgage lender, for allegedly preying upon African American borrowers during the housing bubble and steering them into high-cost subprime loans, according to three people with direct knowledge of the probe. [read post]
2 Dec 2011, 10:44 am
Bank of America's, Wells Fargo's and Chase's practices along with other banks have been the subject of negotiations with various state and federal agencies. [read post]
28 Sep 2020, 2:00 pm by Gerry W. Beyer
At first, Judy admitted that she was a bit amused when her estate received a letter from Wells Fargo claiming she... [read post]
16 Dec 2011, 6:04 am by Securites Lawprof
FINRA fined Wells Fargo Investments, LLC, $2 million for unsuitable sales of reverse convertible securities through one broker to 21 customers, and for failing to provide sales charge discounts on Unit Investment Trust (UIT) transactions to eligible customers. [read post]
8 Nov 2010, 5:53 am
Those documents did not hold up, in part because Wells Fargo had acquired interest in her loan a week before attempting to foreclose. [read post]
18 Dec 2008, 6:15 pm
Wells Fargo for its part also agreed to waive the enforceability by Wells Fargo of the 18 Month Tail Provision to the extent enjoined by the Court’s Order. [read post]
20 May 2011, 6:00 pm
To read more on this article, visit Modis Building will be Wells Fargo Center. [read post]
24 Mar 2012, 11:15 am by Michael Haggerson
The SEC is investigating Wells Fargo for potential fraud due to potential material misrepresentations or omitted material... [read post]
18 Nov 2008, 2:04 am
On the key issue of the Share Exchange Agreement which gave 39.9% voting control over Wachovia to Wells Fargo, the Young Affidavit says that Wells Fargo had initially demanded a 50% stake. [read post]
15 Sep 2016, 5:51 am by SHG
And this is Wells Fargo, the good bank. [read post]