Class Certified In Kickback Suit Against Wells Fargo

Law360, New York (December 4, 2007, 12:00 AM EST) -- A judge has partially certified a class in a lawsuit filed against Wells Fargo & Co. by a group of homeowners alleging the bank had a kickback arrangement with several private mortgage insurers, granting the plaintiffs' motion for class status but imposing several restrictions on the class period.

In a ruling handed down Nov. 30, Judge William Alsup of the U.S. District Court for the Northern District of California granted in part and denied in part a motion for class certification filed by the plaintiffs in...
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