Real Estate/Development
Nov. 18, 2010
Wells Fargo Class Action Goes to Trial
Jury selection started Tuesday in a lending discrimination class action against Wells Fargo Bank.
Daily Journal Staff Writer
LOS ANGELES - Jury selection started Tuesday in a lending discrimination class action against Wells Fargo Bank accusing the bank of charging borrowers in minority communities higher fees and interest rates than borrowers in predominantly white neighborhoods during the housing boom.
Since the class action complaint was filed in 2005, reports and allegations of racially based, discriminatory lending pract...
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