Wells Fargo Gets Some Claims Curbed In Auto Insurance MDL
Law360 (June 20, 2018, 9:30 PM EDT) -- Wells Fargo Bank NA and National General Insurance largely beat back multidistrict litigation alleging the pair conspired to force unnecessary insurance on borrowers’ car loans when a federal judge in California eliminated a slew of state and federal claims this week.
U.S. District Judge Andrew J. Guilford dismissed parts of the suit under racketeering, banking and state consumer protection laws Monday. He found that the group of 14 plaintiffs seeking to represent state and national classes failed to plead the particularities of a scheme in which Wells Fargo and National General allegedly billed customers for auto insurance they didn’t need....
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