>Wells Fargo - Overdraft Fees
Date Filed: October 3, 2008
Court: U.S. District Court
Location: California
Ticker Symbol: WFC
Hagens Berman Sobol Shapiro filed a lawsuit against Wells Fargo (NYSE: WFC) claiming that the bank's systematic practice of re-sequencing electronic debit transactions results in excessive overdraft fees to customers living in Washington state.
The firm is also investigating this alleged practice in other states, and is very interested in talking with Wells Fargo customers in other states. If you feel that you've paid excessive NSF fees due to this practice, please e-mail the firm at info@hbsslaw.com.
According to the complaint, Wells Fargo practices running bank transactions from the highest to lowest dollar amount instead of posting the transaction according to the order received. This puts Wells Fargo customer accounts into a negative balance and artificially increases the number of overdraft fees the company can charge.
The lawsuit seeks to represent any Wells Fargo customer who currently incurred overdraft fees on electronic debit transactions, even when sufficient funds were available.
To submit your information regarding this suit, you can click here or e-mail the firm at info@hbsslaw.com.
Please note that you are not represented by HBSS until the firm reviews your individual circumstances and you and the firm jointly agree to representation through a signed agreement.
RECENT DEVELOPMENTS:
December 23, 2008 - Today we filed another lawsuit against Wells Fargo on behalf of residents in Minnesota and Texas. The lawsuit lists the same claims and allegations against Well Fargo regarding its overdraft fees and sequencing of electronic debit transactions.
If you've had a checking account and paid an overdraft fee anytime from Dec. 23, 2004 until present please contact us by clicking here or calling (206) 623-7292.
Court: U.S. District Court
Location: California
Ticker Symbol: WFC
Hagens Berman Sobol Shapiro filed a lawsuit against Wells Fargo (NYSE: WFC) claiming that the bank's systematic practice of re-sequencing electronic debit transactions results in excessive overdraft fees to customers living in Washington state.
The firm is also investigating this alleged practice in other states, and is very interested in talking with Wells Fargo customers in other states. If you feel that you've paid excessive NSF fees due to this practice, please e-mail the firm at info@hbsslaw.com.
According to the complaint, Wells Fargo practices running bank transactions from the highest to lowest dollar amount instead of posting the transaction according to the order received. This puts Wells Fargo customer accounts into a negative balance and artificially increases the number of overdraft fees the company can charge.
The lawsuit seeks to represent any Wells Fargo customer who currently incurred overdraft fees on electronic debit transactions, even when sufficient funds were available.
To submit your information regarding this suit, you can click here or e-mail the firm at info@hbsslaw.com.
Please note that you are not represented by HBSS until the firm reviews your individual circumstances and you and the firm jointly agree to representation through a signed agreement.
RECENT DEVELOPMENTS:
December 23, 2008 - Today we filed another lawsuit against Wells Fargo on behalf of residents in Minnesota and Texas. The lawsuit lists the same claims and allegations against Well Fargo regarding its overdraft fees and sequencing of electronic debit transactions.
If you've had a checking account and paid an overdraft fee anytime from Dec. 23, 2004 until present please contact us by clicking here or calling (206) 623-7292.
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