Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Friday, June 14, 2024 | Back issues
Courthouse News Service Courthouse News Service

Court Tosses Class Action Against Wells Fargo

SAN FRANCISCO (CN) - A California appeals court has rejected a class action accusing Wells Fargo of charging unreasonable fees to prepare tax returns, and improperly investing or lending trust assets in order to collect fees for the bank and its affiliates. The court held that the claims are pre-empted by the Securities Litigation Uniform Standards Act. See ruling.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.