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LEGAL NEWSLINE

Friday, May 17, 2024

Wells Fargo & Company

Recent News About Wells Fargo & Company

  • N.J. SC sends orders to six lenders

    By Jessica M. Karmasek |
    Rabner TRENTON, N.J. (Legal Newsline) - The New Jersey Supreme Court has ordered six leading lenders to prove they are lawfullly processing foreclosures.

  • Wells Fargo modifying home loans

    By Jessica M. Karmasek |
    Brown LOS ANGELES (Legal Newsline) - California Attorney General Jerry Brown announced on Monday that Wells Fargo has agreed to provide loan modifications worth more than $2 billion to thousands of California homeowners.

  • Goddard settles with mortgage broker

    By Keith Loria |
    Goddard PHOENIX (Legal Newsline) - Arizona Attorney General Terry Goddard announced on Friday that his office has reached a $1,150,000 settlement with a mortgage broker that allegedly engaged in fraudulent mortgage services.

  • Eight states settle lending suit for $23M

    By Keith Loria |
    Suthers DENVER (Legal Newsline) - Colorado Attorney General John Suthers announced on Wednesday that Colorado will receive $900,000 from a financial institution's banks that allegedly practiced deceptive lending practices as part of a $23.7 million multi-state settlement.

  • Former Spitzer aide launches site for snitches

    By John O'Brien |
    Meissner NEW YORK (Legal Newsline) - A securities law firm has launched a website that targets corporate whistleblowers protected by recently passed Wall Street reform.

  • Countrywide's lending practices discriminatory, Ill. AG says

    By Keith Loria |
    Madigan CHICAGO (Legal Newsline) - Illinois Attorney General Lisa Madigan announced on Tuesday that she has filed charges against a mortgage lender over alleged discrimination practices.

  • Judge certifies class in 401(k) case

    By John O'Brien |
    Magnuson ST. PAUL, Minn. (Legal Newsline) - A federal judge has certified a class of as many as 160,000 Wells Fargo employees in a lawsuit against the company over its handling of their retirement accounts.

  • Blumenthal boasts of court victory

    By Nick Rees |
    Blumenthal HARTFORD, Conn. (Legal Newsline) - A first-in-the-nation court victory has been declared by Connecticut Attorney General Richard Blumenthal against the insurance arm of Wells Fargo.

  • Brown, securities regulators in spat over Wells Fargo settlement

    By Chris Rizo |
    Jerry Brown (D) SACRAMENTO, Calif. (Legal Newsline)-California Attorney General Jerry Brown and a group of securities regulators from other states are bickering over who forced Wells Fargo & Co. to buy back $1.4 billion in troubled securities.

  • Calif. AG reaches $1.4 billion settlement with Wells Fargo

    By Chris Rizo |
    Jerry Brown (D) SAN FRANCISCO (Legal Newsline)-Wells Fargo affiliates have agreed to return $1.4 billion to investors to settle claims by the state attorney general that the banking giant misled investors over the safety of auction-rate securities, officials said Wednesday.

  • Madigan sues Wells Fargo

    By Ashley Stinnett |
    Lisa Madigan (D) SPRINGFIELD, Ill. (Legal Newsline) - Illinois Attorney General Lisa Madigan has filed suit against Wells Fargo and Co., accusing the bank of illegally forcing minorities into high-cost subprime loans.

  • California sues Wells Fargo over alleged investor fraud

    By Staff reports |
    Jerry Brown (D) SAN FRANCISCO (Legal Newsline) - California Attorney General Jerry Brown filed a massive $1.5 billion suit against San Francisco-based banking giant Wells Fargo on Thursday.

  • U.S. SC to decide legality of N.Y. AG's investigation

    By John O'Brien |
    Spitzer WASHINGTON (Legal Newsline) - The U.S. Supreme Court has decide to consider if New York Attorney General's Office should be investigating the mortgage lending practices of some national banks.

  • Cuomo keeping a close eye on Wall Street firms

    By John O'Brien |
    Cuomo ALBANY, N.Y. (Legal Newsline) - American International Group won't be the only bailout beneficiary being watched by New York Attorney General Andrew Cuomo.

  • San Diego City Attorney sues Wachovia

    By Staff reports |
    Mike Aguirre SAN DIEGO (Legal Newsline)-Following lawsuits against Countrywide Financial Corp. and Washington Mutual, San Diego City Attorney Mike Aguirre filed a suit on Tuesday taking on a third home mortgage lender for its alleged predatory lending practices.

  • Miller says lenders agree to give flood victims 'breathing room'

    By Chris Rizo |
    Tom Miller (D) CEDAR RAPIDS, Iowa (Legal Newsline)-Three of the nation's largest lenders will allow victims of flooding and other natural disasters in Iowa to delay making mortgage payments for up to three months, Iowa Attorney General Tom Miller said Thursday.

  • Another student lender settles with Cuomo

    By John O'Brien |
    Cuomo NEW YORK - New York Attorney General Andrew Cuomo on Monday reached an agreement with Wells Fargo, meaning he has now settled with the five largest providers of student loans.