Texans Can't Join $25B Wells Fargo Mortgage Fraud Case

Law360, New York (April 08, 2013, 3:02 PM ET) -- A Washington federal judge refused Friday to allow a group of indigenous Texans to intervene in a case accusing Wells Fargo & Co. and others of misconduct related to Federal Housing Administration-insured loans that resulted in a landmark $25 billion settlement, finding the court lacked jurisdiction.

The proposed intervenors — an “affected group of aboriginal sovereign indigenous Muur/Moors” who possess sovereign immunity and have indigenous rights — argued that they have all unsuccessfully challenged the banks' foreclosures of their Texas properties and are entitled to monetary...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required