City Of Oakland v. Wells Fargo Bank, N.A. et al
Case Number:
3:15-cv-04321
Court:
Nature of Suit:
Judge:
Firms
- Brancart & Brancart
- Center for Constitutional Litigation
- Cohen Milstein
- Hagens Berman
- Hogan Lovells
- K&L Gates
- Munger Tolles
- Peretz & Associates
- Proskauer Rose
- Skadden Arps
Companies
Sectors & Industries:
-
September 28, 2021
Full 9th Circ. Hands Wells Fargo Win In Oakland Loan Suit
The full Ninth Circuit granted a win Monday to Wells Fargo in Oakland's suit alleging predatory loan practices aimed at minorities hurt tax revenue, reversing a lower court's decision to preserve claims and holding the California city's purported injuries are too far downstream from violations of the Fair Housing Act.
-
June 18, 2018
Wells Fargo Must Face Oakland's Trimmed Loan Bias Suit
A California federal judge ruled Friday that Oakland can proceed with trimmed allegations that Wells Fargo steered minorities to pricey subprime loans that increased foreclosure rates, saying the city's bid to sue over reduced property taxes passes muster under the U.S. Supreme Court's Bank of America v. Miami decision.
-
September 22, 2015
Calif. City Sues Wells Fargo Over Discriminatory Lending
The city of Oakland sued Wells Fargo Bank NA in California federal court Monday, saying the bank offered more predatory loans to black and Hispanic borrowers than to whites, leading to defaults and foreclosures that cost the city much-needed tax revenues.