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Wells Fargo is on the hook for hundreds of millions of dollars after a jury in Florida found the bank charged unauthorized fees and mishandled a trust fund established for minors.
Wells Fargo Bank will appeal Tuesday’s landmark verdict awarding more than $800 million to a trust fund benefiting the ...
Wells Fargo maintains they managed the trust conservatively as instructed by the tribe and plans to appeal the verdict. FORT LAUDERDALE — A South Florida jury awarded more than $800 million to a ...
A Broward jury ordered one of the biggest banks in America to pay $826 million to the children of the Seminole Tribe of Florida, the beneficiaries of a trust they say was mismanaged to yield ...
The suit, filed in 2016 in the Circuit Court for Broward Country, Florida, alleged that Wells ran "an elaborate fraudulent scheme" that included charging the trust set up for the benefit of Seminole ...
A civil jury found that the bank mismanaged a trust fund for Seminole children and charged millions of dollars in hidden fees ...
Wells Fargo maintains they managed the trust conservatively as instructed by the tribe and plans to appeal the verdict. FORT ...
Wells Fargo Bank will appeal Tuesday’s landmark verdict awarding more than $800 ... prevented us from sharing the full story with the jury.” Jurors deliberated for about six hours on Tuesday ...
A jury has awarded more than $800,000 ... watched it live on a Zoom link provided by the court. Wells Fargo had no comment after the verdict was announced, but has indicated it plans to appeal.
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