Wells Fargo Kickback Case Won't Be Reopened, Judge Says

Law360, New York (August 28, 2013, 9:59 PM EDT) -- A Maryland federal judge on Wednesday refused to grant a new trial to plaintiffs in a class action accusing Wells Fargo Bank NA of a mortgage referral kickback scheme, saying they had engaged in “gamesmanship” by claiming he incorrectly instructed the jury.

U.S. District Judge William M. Nickerson rejected the plaintiffs' arguments that they should get a new trial on the issue of whether Long & Foster Inc. referred or affirmatively influenced them to use Prosperity Mortgage Co. — a joint venture between a predecessor of...
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