Wells Fargo class action lawsuits overview:
- Who: Consumers recently filed a trio of class action lawsuits against Wells Fargo. The bank also recently agreed to a class action settlement.
- Why: The class action lawsuits involve claims regarding financial and insurance products, overdraft fees and bad check fees allegedly charged to consumers on the receiving end of bad checks. The settlement ended COBRA compliance claims.
- Where: The class action lawsuits were filed in California and South Dakota federal courts.
Consumers recently filed a trio of class action lawsuits against Wells Fargo over claims it charged customers unfair bad check fees, failed to notify them about overdraft fees and enrolled them in unwanted financial and insurance products without their consent.
Wells Fargo also recently agreed to a class action settlement that resolved claims it failed to comply with COBRA regulations when sending notifications to participants and beneficiaries of its health plan.
Wells Fargo enrolled customers in unwanted products, class action says
A consumer filed a class action lawsuit against Wells Fargo earlier this month over claims the bank enrolled its customers in insurance and financial products without their consent.
The class action lawsuit claims Wells Fargo has enrolled its customers in insurance and financial products they neither wanted nor consented to, could not have qualified for the purported benefits from and typically knew nothing about since at least 2008.
The financial compensation Wells Fargo offered is inadequate and fails to fully compensate customers for fees, penalties, interest and other enrollment-associated costs, according to the class action lawsuit.
The class action lawsuit claims Wells Fargo is guilty of unjust enrichment, invasion of privacy and conversion and violations of the Fair Credit Reporting Act and laws in Georgia and California.
Class action claims Wells Fargo failed to properly notify customers about overdraft fees
In February, a pair of consumers filed a class action lawsuit against Wells Fargo over claims the company failed to properly notify its customers about overdraft fees.
The class action lawsuit claims Wells Fargo fails to get written consent from its customers—as required by law—prior to opting them into products with overdraft fees and makes it hard for them to resolve claims involving its overdraft practices.
Wells Fargo has a “long and documented history of troubling overdraft practices,” according to the class action. In 2012, the 9th Circuit confirmed a $203 million judgment against Wells Fargo over claims the bank misrepresented its overdraft practices.
Wells Fargo unfairly charges customers who receive bad checks, class action alleges
A group of consumers filed a class action lawsuit against Wells Fargo earlier this month over claims the bank unfairly charged fees to customers on the receiving end of checks that bounced.
The class action lawsuit claims Wells Fargo charges a so-called deposited item return unpaid fee to customers who receive bad checks despite them having no part in sending the checks.
“Plaintiffs were shocked when they were charged these fees because they did nothing wrong yet were penalized by Wells Fargo,” the class action states.
Customers the bank charged after receiving bad checks could not have “reasonably known” the check they received was bad, according to the lawsuit.
Wells Fargo to pay $1M COBRA notification settlement
In January, Wells Fargo agreed to pay $1 million to end claims it failed to comply with COBRA regulations when sending notifications to participants of its health plan.
Plaintiffs claimed participants and beneficiaries of Wells Fargo’s health plan declined to continue coverage because the bank sent improper and insufficient COBRA notices, according to the class action.
The class action settlement is now closed.
Have you been injured by Wells Fargo? Let us know in the comments.
Don’t Miss Out!
Check out our list of Class Action Lawsuits and Class Action Settlements you may qualify to join!
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320 thoughts onWells Fargo hit with recent class actions, agrees to settlement
Wellsfargo close my acct
I was enrolled by wells Fargo in identity theft protection Affinion product in July 14,2011 and ended july21, 2011. No consent or approval by me. I was notified by this in December 2023. Eleven years later. Do I have a case against them. Ii want to be part on the class action lawsuits that are against wells fargo
I would like to join the class action. Been with WF since 2008.
Yes I would like to be added to the Wells Fargo lawsuit
Wells Fargo didnt close account after it was down to 0. And I signed for it to be closed. Account was touched by the bank over a month later.
We have had issues with Wells Fargo Bank. When we informed the bank about two separate complaints, they didn’t rectify the problem.
My account was hacked, Wells Fargo replaced my debt card , but @ the same time allowed my automatic withdrawal payments to continue &( when account # was changed. I also have my account set up with , no overdrafts allowed .. I started receiving over draft notices , they were responsible for debt card Replacement not changing the account differently no permission was given by me.
Hi my account was hacked and they were suppose to give me a whole new account # .
I did not know that I was enrolled in a some type of health thing with Wells Fargo when I already had insurance so I would like to know what’s going on with this bank because I’ve been with them since the ’90s
Wells Fargo is unfair and unjust they have there own lawyers working on these cases and when they look at your case they still side with Wells Fargo. These people took my house because they did not refinance, now that I went thru this lawsuit they are stating I did not send in all the forms they need, this is the biggest lie ever, I sent paper after papers, sent in kids income to help me and they still denied me, they foreclose and then stated I abandoned my house, these people made my kids and I homeless, and they still are denying my case, cause They say I didn’t send them all the paper work. They took my car for no insurence, and with that they stated I had liability, man this back is so unjust, and the lawyers are to, you can’t when using well farms lawyers, they refused to give me back my life, they took everything I had, I almost lost my life from depression, my kids as young as they were had to experience homelessness because of this bank, we lived in a vacant lot for a year because of this. I truly belive I was duscrimated against because I was Black. The representative for Wells for go whom happen to be Mr. Kevin Wilson did not want to refinance my hose for nothing, and now they state all forms was not sent. That is a big ass lie, and if I can find a lawyer here in Austin Texas I want to personally file a lawsuit my self, they waited until section 8 paid the $10, 000 and foreclose on me, and now they lie about that. Please do not use the lawyers, they have representing them, they still will denied you. Is there a personal lawyer out there who will work with MD to sue this bank, please contact me at carolyncockfield@gmail.com, I truly want to sue them for taking my home and care and making my kids and I homeless and had to live that way for a year, can we sue for pain and suffering. These people are wanting to sent me $5.00 for the Payment of my car, I sent that finger check back, like I’m OK with them paying me that amount for my car, seriously, that proves them guilty.. can someone please help me, and they sold the house with an illegal Assage connected to the sale of my house, I seriously need a lawyer to personally file a claim against this bank. Please do not use this bank, they will still your whole life, and their lawyer are just like the back find you a personal lawyer, cause with these lawyers you will not win. Please if you are a lawyer and you think you can help me please contact me, I have been depressed every since 2004 when they took my car out of my yard for no insurence and decriminated against me and did not refinance my home, because I was a Black single woman…I truly need help filing a lawsuit against this bank, a personal lawyer please contact me @ the email above.
Carolyn Cockfield
Carolyncockfield@gmail.com
Send me selmen
My account was hacked, Wells Fargo replaced my debt card , but @ the same time allowed my automatic withdrawal payments to continue &( when account # was changed. I also have my account set up with , no overdrafts allowed .. I started receiving over draft notices , they were responsible for debt card Replacement not changing the account differently no permission was given by me.
Wells Fargo has been screwing me over 10 years. Closed my account and took all my money for a bad check they cleared, overdrafts and stole my money. Please add me.
Same thing happened to me. I need an attorney .