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| January 23, 2018

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Lawsuits Archives -

Wells Fargo reports big tax savings — and big costs for investigations, lawsuits

January 12, 2018 |

The GOP tax overhaul saved Wells Fargo & Co. more than $ 3 billion in the fourth quarter, but the bank also set aside more than $ 3 billion to cover costs related to ongoing problems with its consumer businesses, the company reported Friday.

In its earnings release for the fourth quarter and full…


L.A. Times – Business

Three port truck companies exploited drivers, L.A. city attorney says in lawsuits

January 8, 2018 |

Los Angeles City Atty. Mike Feuer sued three port trucking companies Monday, alleging the firms exploit their drivers by misclassifying them as independent contractors in order to boost profits.

In lawsuits filed in Los Angeles County Superior Court, Feuer alleged CMI Transportation, K&R Transportation…


L.A. Times – Business

TMZ

Bob Weinstein Looks Happy-Go-Lucky Despite Company Turmoil and Lawsuits

November 11, 2017 |

Harvey Weinstein’s brother looks completely unscathed by Harvey’s sexual assault scandal and the chaos with The Weinstein Company … or he’s just listening to something really good. Bob Weinstein was all smiles Friday with his…

TMZ.com

Senate kills new rule allowing class-action lawsuits against banks after Pence casts deciding vote

October 25, 2017 |

The Senate voted Tuesday night to kill a controversial rule that would have allowed Americans to file class-action suits against banks instead of being forced in many cases into private arbitration.

The move by the Senate followed a similar action by the House in July to rescind the rule. President…


L.A. Times – Business

Wells Fargo wants court to toss overdraft lawsuits and let it use arbitration

August 24, 2017 |

A group of Wells Fargo & Co. customers who say they were victims of unfair overdraft practices want their claims heard in court, but the bank wants the disputes handled through arbitration.

Class-action lawsuits filed around the country have accused Wells Fargo of changing the order of debit card…


L.A. Times – Business

TMZ

Usher Silent on Herpes Lawsuits

August 12, 2017 |

Usher was clearly focusing on his salad when a photog asked him about several lawsuits accusing him of having sex with people without disclosing he allegedly had genital herpes. Usher was chowing down at Alfred Coffee in WeHo Friday with Jermaine…

TMZ.com

Could Wells Fargo’s scandal boost mortgage discrimination lawsuits? L.A., other cities hope so

May 25, 2017 |

A recent Supreme Court decision that will allow mortgage discrimination cases against Wells Fargo and other banks to proceed is more than just another bad headline for the San Francisco financial giant.

As those cases progress, they represent yet another way that the bank’s practice of opening…


L.A. Times – Business

How Ailes’s Death Affects Lawsuits

May 19, 2017 |

The death of former Fox News chairman Roger Ailes leaves an uncertain future for the lawsuits filed by women who have accused him of sexual harassment.
WSJ.com: US Business

Wells Fargo to pay $110 million to settle lawsuits over unauthorized accounts

March 28, 2017 |

Wells Fargo & Co. on Tuesday agreed to pay $ 110 million to settle class-action lawsuits related to the bank’s practice of opening accounts without customers’ authorization.

The settlement, if approved by a federal judge in San Francisco, would provide payouts to all Wells Fargo customers who say…


L.A. Times – Business