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Lewis: Wells Fargo so big its suing itself

And then Wells Fargo hired another tampa law firm — Kass, Shuler, Solomon, Spector, Foyle & Singer P.A. — to defend itself against its own lawsuit, according to court documents.

The company has also been unable to separate itself from perceptions of other similarly-large banks among consumers. Alongside J.P. Morgan, Bank of America, and Citigroup, Wells Fargo. so much that.

Wells Fargo is pushing to move past its damaging sales scandal with the release of a report that largely lays blame at the feet of executives who have already resigned or been fired or demoted. The 110-page autopsy from the company’s board of directors focuses heavily on the actions of ousted.

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SEC Weighs Fraud Charges Against Navellier.. according to its disclosure about the so-called Wells notice received from the commission’s staff.. Wells Fargo CEO Hunt, Day 106: Talks With a.

"Wells Fargo Bank Sues Itself". [Al Lewis, Dow Jones Newswires via Carney] More: Lowering the Bar (with fuller explanation). Filed under: banks, mortgages.. .so they can sell the property to recoup the amount of the outstanding loan.

Dow Jones newswire columnist Al Lewis breaks the news that Wells Fargo is suing itself. (Via Calculated Risk) In this particular case, Wells Fargo holds the first and second mortgages on a.

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But named plaintiffs, who all claim Wells Fargo owes them refunds ranging from $24.49 to $634.35, allege the bank has so far failed to reimburse them, and therefore Wells Fargo and its subsidiaries Wells Fargo Dealer Services Inc. and Wells Fargo & Company have breached contracts and violated nine different states’ consumer protection laws.

Wells Fargo Sues Wells Fargo? Fox News Interviews Al Lewis of Dow Jones about it. You can’t expect a bank that is dumb enough to sue itself to know why it is suing itself. Yet I could not resist asking Wells Fargo Bank NA why it filed a civil complaint against itself in a mortgage foreclosure case in Hillsborough County, Fla.

Asked if Wells Fargo would ever upgrade its. suite itself serves as a case in point. Prior to the crisis, Bank of America was ruled by the so-called "Charlotte mafia," a core group of former.

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