Wells Fargo Dodges Claim for Fraudulently “Fixed” Loans

By Nathan Hale (September 27, 2021, 7:08 p.m. EDT) – A federal judge has dismissed a proposed class action lawsuit by a Florida couple accusing Wells Fargo of fraudulently changing the maturity dates of mortgages securing title loans concluding that they did not claim prejudice and reproaching them for not having sought to amend their case in a timely manner.

In a five-page order issued Friday, U.S. District Judge Brian J. Davis of the Middle District of Florida on June 4 adopted a trial judge’s report and recommendation that called for the dismissal of Philip and Ingrid Tippett, and he also denied their request for leave to file a second amended complaint.

Judge Davis …

Stay one step ahead

In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas, and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.

  • Access to case data in articles (numbers, filings, courts, nature of prosecution, etc.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, requests, etc.
  • Create personalized alerts for specific case articles and topics and more!

TRY LAW360 FREE FOR SEVEN DAYS

Comments are closed.