Echard et al v. Wells Fargo Bank NA et al
Case Number:
2:21-cv-05080
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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July 07, 2023
CORRECTION: Judge Urged To Keep Wells Fargo Deal Stayed
An Ohio federal judge was urged by plaintiffs in a California lawsuit against Wells Fargo to continue halting proceedings on a $94 million deal settling claims the bank improperly sent mortgages of struggling borrowers into forbearance during the COVID-19 pandemic, arguing ongoing similar litigation may risk contradictory outcomes for plaintiffs.
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March 16, 2023
Judge Pauses Wells Fargo Forbearance Suit Amid $94M Deal
An Ohio federal judge is holding off on approving a $94 million deal resolving class claims that Wells Fargo Bank NA improperly sent the mortgages of struggling borrowers into forbearance during the COVID-19 pandemic, reasoning that litigation with the same allegations in California needs to be resolved first.
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September 13, 2022
Wells Fargo Reaches $94M Deal In COVID-19 Forbearance Suit
Wells Fargo reached a $94 million settlement in a class action accusing the lender of sending the mortgages of struggling borrowers into forbearance, damaging their credit during the COVID-19 pandemic.