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…
In May 2017, a class-action lawsuit was filed against The Window Source for allegedly deceiving customers about the sales and financing of its windows in four ways. Specifically, plaintiffs claim that the company:
(McCoy et al v. Wells Fargo, N.A. d/b/a Wells Fargo Financial National Bank, and The Window Source, LLC, Case No. 17-cv-360, S. D. MS.)
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…
Allegations: Failing to disclose that consumers will be charged a $12 “Deposited Item Returned Unpaid Fee” if a check they attempted to deposit bounces
Allegations: Misrepresenting when consumers will be charged overdraft fees
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
Allegations: Misrepresenting when consumers will be charged overdraft fees
August 2018: The case was transferred to federal court. (Case No. 18-cv-2033, S.D. Cal.) July 2018: Plaintiffs filed an amended complaint adding allegations that the bank deceptively prompts consumers to…
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…
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