Wells Fargo could be on the hook for $1 billion in regulatory fines tied to allegedly overcharging its consumers for mortgage and insurance products, but lawyers said the full amount was far from certain.
April 17, 2018 at 03:15 PM
1 minute read
staff reporter
Welcome to Critical Mass, Law.com’s briefing on class actions and mass torts. I’m Amanda Bronstad in Los Angeles. That $1 billion check that Wells Fargo says it might pay to federal regulators? Don’t bank on it, lawyers say. The NFLasks for an offside call against some lawyers in the concussion settlement. And a new suit claims plaintiffs attorney Walter Umphrey’s former mistresssnookered him out of $2 million.
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