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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 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 ...
Wells Fargo Bank will appeal Tuesday’s landmark verdict awarding more than $800 million to a trust fund benefiting the ...
A jury has awarded more than $800,000 million to the Seminole Tribe of Florida after finding that Wachovia Bank and its new owner Wells Fargo Bank charged more than $7 million in unauthorized 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 ...
In a case that involved the alleged mismanagement of a trust by Wells Fargo for 2,000 Seminole children, a jury has spoken after nine years of litigation. The trust, set up in 2005, reportedly ...
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 ...
Wells Fargo's attorneys blamed Seminole Tribe leaders for a conservative investment approach, but the plaintiffs argued the bank had the final say. Seminole children will receive a payout when ...
A civil jury found that the bank mismanaged a trust fund for Seminole children and charged millions of dollars in hidden fees ...
“Wells Fargo lost sight of its responsibility to protect and preserve the interests of the Seminole minor children,” said plaintiffs’ lawyer Steven Osber, who delivered some of the more ...
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