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14 Aug 2017, 5:14 am
A copy of the opinion in Wells Fargo Bank, N.A. v. [read post]
8 Aug 2017, 1:18 pm
., the Louisiana Second Circuit upheld a trial court’s ruling that Wells Fargo, a mortgage lender with a security interest in a mineral lease, was solidarily liable with its borrowers (the mineral lessees) for a breach of the mineral lessees’ contractual and statutory obligations to produce in paying quantities, pay royalties, and respond to the mineral lessor’s demands regarding those obligations. [read post]
8 Aug 2017, 1:18 pm
., the Louisiana Second Circuit upheld a trial court’s ruling that Wells Fargo, a mortgage lender with a security interest in a mineral lease, was solidarily liable with its borrowers (the mineral lessees) for a breach of the mineral lessees’ contractual and statutory obligations to produce in paying quantities, pay royalties, and respond to the mineral lessor’s demands regarding those obligations. [read post]
8 Aug 2017, 1:18 pm
., the Louisiana Second Circuit upheld a trial court’s ruling that Wells Fargo, a mortgage lender with a security interest in a mineral lease, was solidarily liable with its borrowers (the mineral lessees) for a breach of the mineral lessees’ contractual and statutory obligations to produce in paying quantities, pay royalties, and respond to the mineral lessor’s demands regarding those obligations. [read post]
5 Aug 2017, 11:50 am
So the general limitations period still applies.[3]Applying the general rule that the time period for foreclosing on a lien is the same four-year period within which the creditor could have sued to recover the underlying debt, see Hoarel, 910 S.W.2d at 144, the statute of limitations for foreclosing to collect the repair assessments levied against Mahmoud and Jackson in 2006 and 2007 expired in 2010 and 2011, well before the Attorney Defendants sent their first demand… [read post]
3 Aug 2017, 7:19 am
Those individuals collectively received a paltry $172,433 in relief.Consumers need the arbitration rule, and they need it now.Recent scandals such as those involving Wells Fargo Bank, which fraudulently opened bank accounts and charged consumers debit card fees, point to this need. [read post]
1 Aug 2017, 9:33 am
Fraudulent Practices Heiser, the employee who alleges that she was fired because she exposed the program, recognized the fraudulent aspects of the company’s sales practices when she learned about the notorious scandal involving Wells Fargo. [read post]
29 Jul 2017, 9:56 am
Bank Nat. [read post]
29 Jul 2017, 9:47 am
To make a bad situation worse, some banks (like Wells Fargo) refuse to settle the dispute in court. [read post]
28 Jul 2017, 8:42 am
We went to court twice this month in our client’s case against Wells Fargo, where our client claimed race discrimination, and the bank sued her back for alleging stealing money from the vault. [read post]
28 Jul 2017, 8:03 am
Also see Wells Fargo Bank, N.A. v. [read post]
24 Jul 2017, 3:22 pm
Wells Fargo blamed its outside counsel, who in turn blamed their outside discovery vendor.The lesson for Wells Fargo is obvious - as is the lesson for lawyer and law firms. [read post]
23 Jul 2017, 9:10 am
It is unclear at this time whether the settlement agreement includes an injunction against Wells Fargo using such practices in the future, but if the regulators got involved, it’s likely the bank has already changed its ways. [read post]
21 Jul 2017, 6:04 am
Mendelsohn, Paul, Weiss, Rifkind, Wharton & Garrison LLP, on Saturday, July 15, 2017 Tags: Anti-corruption, Disgorgement, DOJ, FCPA, Misconduct, SEC, SEC enforcement, Securities enforcement, Supreme Court Balancing the Governance of Financial Institutions Posted by David Min, University of California, Irvine, on Sunday, July 16, 2017 Tags: Agency costs, Banks, Dodd-Frank Act, Failed… [read post]
18 Jul 2017, 2:26 pm
Many consumer financial products like credit cards and bank accounts have arbitration clauses in their contracts that prevent consumers from joining together to sue their bank or financial company for wrongdoing. [read post]
17 Jul 2017, 11:33 pm
Wells Fargo Bank, N.A. [read post]
17 Jul 2017, 7:07 pm
Wells Fargo Bank, N.A., Civ. [read post]
16 Jul 2017, 4:22 pm
JP Morgan Chase Bank, 505 F. [read post]
10 Jul 2017, 2:28 pm
Although the eight firms this—is Bank of America Corporation, The Bank of New York Mellon Corporation, Citigroup Inc., The Goldman Sachs Group, Inc., JPMorgan Chase & Co., Morgan Stanley, State Street Corporation and Wells Fargo & Company—were required to submit their plans on July 1, 2017, the Board and FDIC also announced that they were extending the deadline for American International Group, Inc. [read post]
9 Jul 2017, 7:47 am
From July 2003 until August 2016 Mirer was associated with Wells Fargo Advisors, LLC. [read post]
