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…
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 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
Allegations: Misrepresenting when consumers will be charged overdraft fees
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
Allegations: Misrepresenting when consumers will be charged overdraft fees
Wells Fargo Bank’s Overdraft and Non-Sufficient Funds Fees
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Herb Weisbaum, The ConsumerMan, Consumers’ Checkbook