Bank Accounts for Minors at Wells Fargo

In February 2017, a class-action lawsuit was filed against Wells Fargo for allegedly offering account holders free savings accounts for minors when, according to plaintiffs, the bank converts these accounts into adult checking accounts and deducts monthly fees from them without customers’ permission. (Allen et al v. Wells Fargo & Company, Case No. 17-cv-333, S. D. CA.)

Class-Action Tracker

Wells Fargo’s Military Benefits Program

Class Action

Wells Fargo’s Military Benefits Program

Allegations: Marketing itself as a bank dedicated to military members, veterans, and their families when it charges interest rates that are so high they violate federal law and the bank’s…

Wells Fargo Bank’s Deposited Item Returned Unpaid Fee

Class Action

Wells Fargo Bank’s Deposited Item Returned Unpaid Fee

Allegations: Failing to disclose that consumers will be charged a $12 “Deposited Item Returned Unpaid Fee” if a check they attempted to deposit bounces

Overdraft Fees Charged by Wells Fargo

Class Action

Overdraft Fees Charged by Wells Fargo

Allegations: Misrepresenting when consumers will be charged overdraft fees

Zelle Money Transfers with Wells Fargo

Class Action

Zelle Money Transfers with Wells Fargo

Allegations: Marketing Zelle as safe without disclosing the risk of losing money in scams and that the bank does not reimburse consumers for lost funds

Wells Fargo’s Overdraft Fees