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Wells Fargo Spinoff Suits Dismissed as Duplicative

Wells Fargo Spinoff Suits Dismissed as Duplicative

cked a settlement from an earlier case on “Pick-a-Payment” mortgage loans.
     Jennifer Murphy, Richard D’Alessio and Paul McDermed separately sued Wells Fargo Home Mortgage over alleged settlement breaches from the other case, In re: Wachovia Corp. “Pick-A-Payment” Mortgage Marketing and Sales Practices Litigation,assigned to U.S. District Judge Jeremy Fogel.
     That multidistrict litigation represented the consolidation of assorted “Pick-a-Payment” class actions filed in district courts around the country, including the first-filed action filed in northern California, Mandrigues v. World Savings, Inc., et al.
     Fogel approved a written settlement agreement (MDL-SA) in the consolidated actions in 2010.

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