Appeals Court Reinstates a Claim Against Wells Fargo

Summary


NEW YORK (Dow Jones/AP) -- A federal appeals court on Friday reinstated a portion of the claims in a class-action lawsuit against Wells Fargo & Co. and its home mortgage units alleging they improperly marked up fees for real estate settlement services performed by third parties.

The Court of Appeals for the Second Circuit remanded the reinstated claim to U.S. District Court in the Eastern District of New York, which had previously dismissed the lawsuit.

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Extract


Appeals Court Reinstates a Claim Against Wells Fargo

The appellate court found that a group of homeowners in New York a...

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