Winston & Strawn partners Amanda Groves and Shawn R. Obi have entered appearances for Wells Fargo Bank in a pending consumer class action. The case, filed Aug. 13 in California Northern District Court by the Kazerouni Law Group and Kellett & Bartholow, contends that Wells Fargo overcharged tens of thousands of customers on their mortgage loan accounts and attempted to downplay liability by sending out 'cryptic' letters and cashier checks. According to the suit, the defendant's failure to disclose to customers how their accounts were overcharged or to provide any accounting or itemization of actual damages constitutes a violation of California's Unfair Competition Law. The case, assigned to U.S. Magistrate Judge Peter H. Kang, is 3:24-cv-05105, Prado v. Wells Fargo & Company et al.
Banking & Financial Services
September 27, 2024, 10:34 AM