Wells Fargo customers file another class action alleging they were overcharged for rate-lock extensions

October 12, 2017
By Steve Larson

Wells Fargo has been sued again, this time the complaint alleges that it bilked home loan borrowers by charging them extra fees when their applications were delayed — even when it was the bank’s fault.

The new suit is the latest development in a growing controversy over the practices of the bank’s home loan unit and one of several new problems that have emerged at Wells Fargo over the last year in the wake of the bank’s sham-accounts scandal. An investigation has led to the departure of leading sales executives in California and Oregon.

For a link to an article discussing the Wells Fargo problems in more detail, click here.

Categories: Class Actions of Interest, Consumer Protection

Tags: Wells Fargo

Steve Larson

An experienced trial lawyer who handles both hourly and contingent fee cases, Steve has expertise in class actions, environmental clean-up litigation, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, and disputes involving family wealth. Steve regularly represents individuals and businesses in federal and state court and has obtained class-wide recovery in multiple class actions. A veteran practitioner, Steve’s clients value his creative approach to resolving complex litigation matters.

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