Robins Kaplan LLP Appointed Co-Lead Counsel in Civil Action over Wells Fargo Auto Insurance Scheme

NEW YORK–(BUSINESS WIRE)–National trial firm Robins Kaplan LLP® has been court appointed as co-lead counsel on behalf of plaintiffs impacted by Wells Fargo’s acknowledged practice of wrongfully charging auto loan borrowers for unnecessary and duplicative auto insurance. A report by The New York Times uncovering the bank’s misconduct indicated that more than 800,000 customers were affected, and Wells Fargo has estimated that it will provide customers with at least $130 million in cash remediation and account adjustments.

“We are eager to vindicate the rights of borrowers who have endured financial harm, repossessions, and lasting credit damage as a result of Wells Fargo’s admitted scheme,” said Kellie Lerner, a partner with Robins Kaplan’s Antitrust and Trade Regulation group in New York, who is representing the plaintiffs.

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