Wells Fargo Whistleblower on Sham Interviews Wins Right to Sue November 24, 2025 By Emily Flitter A whistleblower who accused Wells Fargo & Co. of conducting sham interviews with minority job candidates will now be able...
Wells Fargo Sues JPMorgan Over Troubled $481M Real Estate Loan March 11, 2025 By Jonathan Stempel Wells Fargo sued JPMorgan Chase on Monday to recover losses for investors in a $481 million commercial real estate loan...
US Consumer Watchdog Sues Big Banks Over ‘Widespread’ Fraud on Zelle Payment App December 20, 2024 By Ismail Shakil, Manya Saini, Niket Nishant and Pete Schroeder The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase, Bank of America and...
Wells Fargo Must Face Lawsuit Over Sham Job Interviews July 30, 2024 By Jonathan Stempel A U.S. judge ordered Wells Fargo to face a lawsuit alleging it defrauded shareholders by proclaiming its commitment to hiring...
Allstate’s National General Sued by DOJ Over Alleged Force-Placed Insurance ‘Scheme’ July 26, 2024 By Chad Hemenway Allstate’s National General auto insurance brand has been sued by the U.S. Department of Justice over allegation that National General...
Wells Fargo Must Face Shareholder Fraud Claims Over its Recovery From Scandals October 1, 2021 By Jonathan Stempel NEW YORK — A federal judge on Thursday rejected Wells Fargo & Co’s bid to dismiss a lawsuit claiming it...
Wells Fargo, JPMorgan Among Banks Sued Over SBA Virus Loans April 21, 2020 By David McLaughlin, Mark Niquette and Olivia Rockeman Wells Fargo & Co., Bank of America Corp., JPMorgan Chase & Co. and US Bancorp were sued by small businesses...
Policy Limit Doesn’t Bar Claim for Loss From $1.7M Phishing Scam December 11, 2019 By Jim Sams A $1.7 million email phishing fraud that included phone calls with a fake lawyer and an intervention by a Wells...
Court Says Policy’s Vandalism Exclusion Doesn’t Bar Coverage for Arson August 26, 2019 By Jim Sams Setting fire to a house is much more than an act of vandalism and if insurers want to exclude such...
Wells Fargo Issues 38,000 Erroneous Letters After Auto Insurance Flub February 13, 2018 By ALEXANDRA OLSON Wells Fargo has made missteps in its efforts to make amends to customers who were forced to buy unneeded auto...