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Litigation

Feb. 26, 2011

Closing Arguments Held in Wells Fargo Discrimination Fight

The outcome of a years-long class action that accuses Wells Fargo bank of racially discriminatory mortgage lending is now in the hands of a jury, as lawyers for both sides delivered their closing arguments Thursday.


By Anna Scott


Daily Journal Staff Writer


The outcome of a years-long class action that accuses Wells Fargo bank of racially discriminatory mortgage lending is now in the hands of a jury, as lawyers for both sides delivered their closing arguments Thursday.


The lawsuit, which was filed in 2005 and started trial in Los Angeles County Superior Court Dec. 1, alleges that former Wells Fargo Area Manager Tom Swanson (now a regional manager) systema...

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