News

Wells Fargo Bank will appeal Tuesday’s landmark verdict awarding more than $800 million to a trust fund benefiting the ...
The Seminole Tribe accused Wells Fargo of charging unauthorized fees and failing to diversify investments. Wells Fargo maintains they managed the trust conservatively as instructed by the tribe and ...
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 ...
A civil jury found that the bank mismanaged a trust fund for Seminole children and charged millions of dollars in hidden fees ...
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 ...
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.
The Seminole Tribe accused Wells Fargo of charging unauthorized fees ... as instructed by the tribe and plans to appeal the verdict. FORT LAUDERDALE — A South Florida jury awarded more than ...
Wells Fargo had no comment after the verdict was announced, but has indicated it plans to appeal. The Florida tribe set up the Seminole Minors Per Capita Payment Trust in 2005 as it was preparing ...
“Wells Fargo lost sight of its responsibility to protect and preserve the interests of the Seminole minor children ... and clear when it rendered its verdict and awarded every dollar the ...