City of Oakland v. Wells Fargo & Company, et al

  1. 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.

  2. June 23, 2021

    Wells Fargo Asks Full 9th Circ. To End Oakland Loan Bias Suit

    Wells Fargo on Wednesday urged the full Ninth Circuit to end Oakland's Fair Housing Act lawsuit alleging the bank targeted minority residents with predatory home loans that hurt property tax revenue, arguing that the city can't show it was harmed because "more foreclosures mean more money for the city, not less."

  3. April 21, 2021

    Full 9th Circ. To Rehear Oakland's Wells Fargo Loan Bias Suit

    The Ninth Circuit said it will rehear a Fair Housing Act case brought against Wells Fargo by Oakland, California, after a three-judge panel ruled last summer that the city could proceed with claims alleging the bank made predatory home loans that targeted minority residents and hurt property taxes.

  4. August 26, 2020

    Oakland Can Keep Wells Fargo Loan Bias Suit, 9th Circ. Says

    The Ninth Circuit on Wednesday refused to free Wells Fargo from allegations that it practiced discriminatory lending that cost Oakland millions of dollars in lost property tax revenues, but said the city's claims seeking to bar the bank from issuing predatory home loans need further scrutiny.

  5. February 11, 2020

    Wells Fargo Asks 9th Circ. To End Oakland's Loan Bias Suit

    Wells Fargo urged the Ninth Circuit on Monday to toss the city of Oakland, California's allegations that discriminatory lending practices caused the municipality to lose tax dollars, saying the city was only indirectly affected by foreclosures within its limits and can't sue under the federal Fair Housing Act.

  6. October 28, 2019

    Wells Fargo Calls Oakland's Housing Harm Suit A 'Mockery'

    Wells Fargo says the city of Oakland is too indirectly affected by foreclosures within the California city's limits to be able to sue under the federal Fair Housing Act, pushing back against claims that the bank's discriminatory lending practices caused the municipality to lose tax dollars.