Wells Fargo Settles Workers' Check Deduction Class Action

Law360, New York (April 8, 2013, 5:43 PM EDT) -- A former Wells Fargo & Co. mortgage consultant who claims the bank illegally docked his pay every time he performed a credit check that did not result in a loan asked a New York federal judge Friday to approve an $850,000 class action settlement.

Plaintiff Trevor D'Andrade proposed the settlement just over two years after he filed suit claiming Wells Fargo deducted $15 for a single credit check — $25 for a double check — every time he probed the credit of a customer who did...
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