CORRECTION: Judge Urged To Keep Wells Fargo Deal Stayed

By Sydney Price

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.

 Response attached

https://www.law360.com/banking/articles/1697229?nl_pk=99a2a594-20ad-4b2f-a28e-cd0e62d896b6&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2023-07-11&nlsidx=0&nlaidx=11