Post Profile






Sen. Brown Plans Bill to Ban Forced Arbitration in Wells Fargo Sales Scandal

Some lawmakers, including Mr. Brown, have criticized Wells Fargo for using legal agreements buried within contracts. The bank can block customers from filing lawsuits for damages incurred by unauthorized accounts, including negative effects on the customers' credit scores and borrowing costs...."Giving customers back their right to take Wells Fargo to court gives them the power to ensure they are made whole and helps prevent cases like this in the future," Mr.
read more

share
See more about: Wells Fargo

Related Posts


Wells Fargo Bank Sued After Employees Allegedly Opened Unauthorized Accounts

News : The Inquisitr - News

Los Angeles city attorneys are going after Wells Fargo in a lawsuit filed in a California Superior Court, CBS reported. The suit claims that the bank’s employees opened unauthorized accounts in the names of their customers, charging...

Wells Fargo account scandal extends to small business

Lifestyle / Fashion : AOL: Style

NEW YORK, Oct 4 (Reuters) - Wells Fargo & Co's account scandal is not limited to its consumer banking sector, U.S. Senator David Vitter told the bank's chief executive in a letter. Thousands of small business owners were also impact...

Wells Fargo fined $185M over unauthorized bank accounts

Business & Finance : USAToday: Money

Wells Fargo employees created unauthorized bank accounts in order to boost sales, prompting the bank to fire 5,300 employees. Wells Fargo must pay massive fines and restitution to its customers.        

Senator to push bill to let Wells Fargo customers sue over unauthorized accounts

Business & Finance : LA Times: Business

Sen. Sherrod Brown (D-Ohio) said Monday he plans to push legislation that would allow Wells Fargo & Co. customers to sue the bank over unauthorized accounts opened by employees trying to meet aggressive sales quotas. The escalating ...

Wells Fargo's scandal reportedly impacted 10,000 small business accounts (WFC)

Business & Finance : Business Insider: Money Game

Wells Fargo's recent accounts scandal was not limited to its retail banking unit, according to a report from Reuters. Citing sources familiar with the matter, 10,000 small business accounts were impacted by Wells sales practices tha...

Comments


Copyright © 2016 Regator, LLC