Wells Fargo Bank will pay up to $19.6 million and change its lending policies as part of settling two class-action lawsuits brought by Deferred Action for Childhood Arrivals (DACA) recipients whose applications for a variety of consumer loans and credit cards were allegedly denied by the bank because they were not U.S. citizens or permanent …
New charges are latest in bank’s ‘long history of credit discrimination claims against it,’ lawsuit alleges Wells Fargo Bank, N.A. illegally denies auto loans to loan-eligible non-U.S. citizens regardless of their creditworthiness, according to a federal lawsuit filed today by Outten & Golden LLP. Filed in San Francisco on behalf of Eduardo Peña, a resident of …
Outten & Golden LLP: Wells Fargo Discriminates Against DACA Participants in Auto Lending Read More »
A California federal court ruled that a lawsuit alleging Wells Fargo illegally denied qualified college students and other applicants loans because of their citizenship or immigration status can go forward, Outten & Golden LLP and co-counsel said today. U.S. District Judge Maxine M. Chesney of Northern District of California ruled that the plaintiffs can pursue …
Outten & Golden LLP: Court Rules Wells Fargo Lending Discrimination Lawsuit Can Proceed Read More »
An argument by Wells Fargo Bank, N.A. that federal law permits the bank to discriminate against certain immigrants was rejected by a federal judge, ruling in a lawsuit alleging that the financial giant illegally denied qualified applicants, including college students, loans because of their alienage or immigration status. The suit, brought by MALDEF (Mexican American …
SAN FRANCISCO, CA – Wells Fargo & Co. illegally denied qualified applicants, including a college student, loans because of their immigration status, according to a federal lawsuit filed Monday. The suit, brought by MALDEF (Mexican American Legal Defense and Educational Fund) and Outten & Golden LLP on behalf of a college student who was granted Deferred Action …
Wells Fargo Sued For Discriminatory Lending Practices Against Certain Immigrants Read More »
