November 20, 2018 / 11:11 PM / in 25 days

Judge dismisses lawsuit over Wells Fargo’s ‘hidden fees’ program

A federal judge in California has dismissed a proposed class action by a Texas jewelry company accusing Wells Fargo & Co of encouraging thousands of retailers nationwide to charge hidden fees to customers using a finance program created by the bank.

In a decision on Monday, U.S. District Judge Yvonne Gonzalez Rogers in Oakland said claims by Texas-based J Edwards Jewelry Distributing that Wells Fargo violated California’s unfair competition law cannot proceed because there was no evidence that any wrongful conduct occurred in California.

To read the full story on WestlawNext Practitioner Insights, click here: bit.ly/2AiAluP

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