Wells Fargo Loan Officers Seek Class Certification

Law360, New York (July 26, 2007, 12:00 AM EDT) -- In hopes of receiving class certification, loan officers are asking a federal court judge to ignore declarations from current Wells Fargo & Co. employees who were influenced by the company's “campaign of misinformation.”

The loan officers filed papers this week in a California federal court in support of receiving class certification in their case against Wells Fargo for allegedly violating state and federal laws by not paying overtime wages. A hearing on class certification is scheduled before Judge Marilyn Hall Patel on Monday.

“There is a...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.