Rep. Sherman reintroduces bill to let Wells Fargo customers sue over unwanted accounts

Wells Fargo & Co. has pledged to reimburse customers harmed when its employees opened unauthorized accounts in their name — but it has been unwilling to allow lawsuits for damages, which are barred by the bank’s standard arbitration clause.

On Tuesday, Rep. Brad Sherman (D-Sherman Oaks) reintroduced a bill he wrote last year that would allow customers to have their cases heard in court.
Read on.

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2 responses to “Rep. Sherman reintroduces bill to let Wells Fargo customers sue over unwanted accounts

  1. Pingback: Rep. Sherman reintroduces bill to let Wells Fargo customers sue over unwanted accounts - Securitization & Mortgage Audit

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