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9 Sep 2016, 9:21 am by Ram Eachambadi
Specifically, the CFPB consent order [order, PDF] requires Wells Fargo to pay full refunds to... [read post]
7 Oct 2010, 7:03 am by On the Net
”  Here’s the text of Arizona Attorney General Terry Goddard’s press release: Oct. 6, 2010) Attorney General Terry Goddard today announced a multi-state agreement with Wells Fargo Bank (“Wells Fargo”) over allegedly deceptive marketing of payment option adjustable rate mortgage loans (“POAs”) by two companies it acquired: Wachovia Corporation (“Wachovia”) and Golden West Corporation… [read post]
16 Jan 2009, 2:41 am
Corporate retribution is an understatement. [read post]
22 Nov 2008, 11:11 pm
Can it be that the Share Exchange Agreement, which gave Wells Fargo 40% of the voting control over Wachovia stock, is invalid? [read post]
12 Jan 2010, 12:13 pm by LindaMBeale
See  Larson, Wells Fargo Loses $115 Million Tax-Deduction Lawsuit, Bloomberg.com (Jan 12, 2010). [read post]
15 Jun 2020, 1:51 pm by Daily Record Staff
Wells Fargo & Company Monday joined the IOLTA Honor Roll, a joint project of Maryland Legal Services Corporation (MLSC) and the Maryland State Bar Association (MSBA) recognizes financial institutions that go above and beyond legal requirements and pay favorable interest rates on interest on lawyer trust accounts. [read post]
22 Apr 2017, 2:28 pm
Next Tuesday, the 25th of April, the shareholders of Wells Fargo will meet for the first time since the news of the massive Wells Fargo mis-selling scandal broke last September when the firm was hit with penalties of $185 million for opening 1.5 million bank accounts and issuing 565,000 credit cards for customers without their consent. [1] In recent weeks, the two leading proxy advisory firms have recommended negative votes many of the directors serving on the… [read post]
22 Apr 2017, 2:28 pm
Next Tuesday, the 25th of April, the shareholders of Wells Fargo will meet for the first time since the news of the massive Wells Fargo mis-selling scandal broke last September when the firm was hit with penalties of $185 million for opening 1.5 million bank accounts and issuing 565,000 credit cards for customers without their consent. [1] In recent weeks, the two leading proxy advisory firms have recommended negative votes for many of the directors serving on the… [read post]
27 Sep 2016, 1:07 pm by Miracle Jones
Wells Fargo [corporate website] shareholders on Monday filed [press release] suit against the banking conglomerate over their allegedly deceptive sales practices. [read post]
21 Jul 2014, 2:45 pm by Patti Spencer
" Beyer writes: "On Thursday, a Circuit Judge in Wisconsin terminated Wells Fargo Bank as trustee of the Chester Bible scholarship trust, furnishing control to the Baraboo Community Scholarship Corporation (BCSC). [read post]
15 Jun 2011, 9:53 pm by Tomassi Law Associates
Wells Fargo amp; Company was ranked No. 19 on Fortunes 2009 rankings of Americas largest corporations. [read post]
22 Sep 2016, 12:58 pm by Robin Frazer Clark
I am willing to bet that none of the Wells Fargo customers knew they were waiving their right to a jury trial when they became customers of Wells Fargo. [read post]
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]
11 Jun 2014, 4:57 am by Peter Snyder
[JURIST] The US Court of Appeals for the District of Columbia Circuit [official website] on Tuesday rejected [opinion, PDF] Wells Fargo & Co's [corporate website] contention that the bank's participation, along with other national banks, in a $25 billion settlement with the US government over foreclosure abuses [JURIST report] should bar claims bring in a separate civil case. [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]