Class Actions Blog

Wells Fargo settles class action over marked up fees for appraisals

Posted on: November 28th, 2016 by Steve Larson

FeeWells Fargo has agreed to pay $50 million to a class of more than 250,000 mortgage holders to settle claims that the bank improperly marked up fees for third-party home appraisals following loan defaults in California.  The complaint alleged that although the mortgage agreements allowed Wells Fargo to charge borrowers for getting broker price opinions (“BPO’s”) from third-party real estate brokers, Wells Fargo secretly charged more for the BPOs than the bank paid for them.  A BPO is an informal type of home appraisal prepared by a real estate broker that a lender will typically demand once a borrower defaults on a residential loan.

The case is Latara Bias, et al., v. Wells Fargo & Co., et al., case number 4:12-cv-00664, in the U.S. District Court for the Northern District of California.

Trump settles Trump University lawsuits for $25 million

Posted on: November 21st, 2016 by Steve Larson

President-elect Donald Trump has agreed to settle lawsuits in California and New York that allege Trump University swindled students out of millions of dollars. 

Class action lawsuit filed against Fiat Chrysler over alleged concealment of emissions

Posted on: November 17th, 2016 by Steve Larson

CarOwners of 2500 and 3500 Dodge RAM trucks filed a class action lawsuit against Fiat Chrysler and engine manufacturer Cummins, Inc. alleging that the two entities conspired to knowingly deceive consumers and regulators of illegally high levels of diesel emissions in their vehicles. Read more…

Samsung’s Galaxy Note 7 phone fires lead to class action

Posted on: November 1st, 2016 by Steve Larson

phoneThree owners of Galaxy Note 7 phones, which were recalled because they are prone to catching on fire and exploding, sued the electronics maker’s U.S. unit. In the first consumer class-action suit to be filed over the troubled device, the Note 7 owners seek unspecified damages and an order requiring the company to repair, recall and/or replace the phones, and extend applicable warranties. Read more…

Judge rejects Wells Fargo’s repeated bids to compel arbitration

Posted on: October 18th, 2016 by Steve Larson

FeeU.S. District Judge James Lawrence King ruled this week that Wells Fargo cannot force unnamed class members’ claims into arbitration in five lawsuits arising out of alleged improper re-ordering of overdraft fees that have been consolidated in multidistrict litigation in Florida.  The ruling came in three cases originally filed by Wells Fargo customers in Oregon, New Mexico, and Washington, as well as two cases that originated in Florida and California over the alleged conduct of Wachovia Bank NA, which Wells Fargo Bank NA later absorbed. Read more…

Consumers file class action regarding labeling on Body Fortress powder

Posted on: October 7th, 2016 by Steve Larson

Consumer ProtectionTwo Illinois residents have filed claims against health food supplement companies, NBTY Inc. and United States Nutrition, alleging that the companies falsely advertised the supposed benefits of their products. Named plaintiffs, Gherson Tovar and Larry Wiegard, claim that the labeling on the Body Fortress 100% Pure Glutamine Powder actively deceived consumers by boasting that the product assists in muscle growth, enhancement and recovery after a workout.  Plaintiffs point to many scientific studies to argue that any promotion of the Body Fortress product as a key part of muscle recovery is blatantly false. Read more…

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This blog is intended to provide information to the general public and to practitioners about developments that may impact Oregon class actions.

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  • Steve Larson

  • Steve Larson
  • Steve Larson has been representing investors, consumers and employees in class actions in Oregon for over 20 years. He is a shareholder at the law firm of Stoll Berne in Portland, Oregon.
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