In the latest development, a Superior Court Judge in Los Angeles recently certified a 2005 lending discriminationlawsuit against Wells Fargo as a class action case.
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A Yucaipa college student could become the point man in a national class-action lawsuit after stumbling into what his attorney calls a "hidden profit center" in 2002 when he applied for a Wells Fargo credit card, according to a federal lawsuit filed last year.
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Update of January 4, 2010: Wells Fargo, already being sued by Baltimore for targeting people of color with high cost loans, has now been hit with a similar law suit in Memphis, Tennessee. "Ghetto loans," they call them. | |||||||||||
The lawsuit claims that lending practices conducted by Wells Fargo and HSBC constitute disparate treatment/impact upon African-Americans and violate the Fair Housing Act, Equal Credit Opportunity Act and the Civil Rights Act (sections 1981 and 1982). Among other requests, the NAACP brings this lawsuit seeking equitable...
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View Lawsuit Information, Contact Lawyers and Attorneys for Wells Fargo . Wells Fargo & Co. has settled a class-action lawsuit over lending practices at its Wells Fargo Financial Inc.'s mortgage unit, which focuses on the subprime market. ... San Francisco-based Wells Fargo is the fifth-largest U.S. bank by assets.
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Tuesday, May 4, 2010
WELLS FARGO CLASS ACTION LAWSUIT UPDATE
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