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Wood v. Wells Fargo & Company et al
Case Number:
3:20-cv-07997
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bronstein Gewirtz
- Clarence Dyer & Cohen
- Debevoise & Plimpton
- Goodwin Procter
- Jones Day
- Pomerantz LLP
Companies
Sectors & Industries:
-
March 15, 2021
Hawaii Fund To Lead Wells Fargo Risky Lending Class Action
A Hawaii pension fund on Monday was tapped to lead a proposed class action suit accusing Wells Fargo of making billions of dollars worth of risky commercial loans, though the federal judge overseeing the case ordered that the fund must consider applications by law firms to serve as class counsel.
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November 13, 2020
Investors Say Wells Fargo Loaned Billions To Risky Clients
Wells Fargo has issued billions of dollars in commercial loans to clients with poor credit and a high risk of default, the result of systematically failing to follow appropriate underwriting standards and due diligence, investors told a California federal court Friday.