A pair of Pennsylvania homeowners may proceed with their claim that Wells Fargo committed a breach of contract by failing to offer them permanent changes to their mortgage payments after the homeowners met their obligations under a trial period with lower rates, a Lackawanna County judge has ruled, in an apparent case of first impression.
However, Lackawanna County Common Pleas Judge Terrence R. Nealon ruled that the gist of the action doctrine blocked tort claims for negligent infliction of emotional distress as well as any negligent misrepresentations related to Wells Fargo’s execution under the “trial period plan” at issue in the case.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
