SAN FRANCISCO, Calif. –– Renowned civil rights and personal injury attorney Ben Crump of Ben Crump Law released the following statement on recent settlements by Wells Fargo in light of active litigation on behalf of minority borrowers:
“As was announced yesterday, Wells Fargo entered into a billion-dollar class action settlement with its shareholders for allegations of unethical practices in the past. In addition to that settlement, Wells Fargo agreed to a $3.7B settlement with the federal regulators because they took advantage of their customers’ auto loans, mortgages, and bank accounts. Now that they have entered into settlements with their wealthy shareholders and federal regulators, it is long past time for Wells Fargo to enter into a resolution with the people most affected by their unethical practices – those being marginalized minorities who continued to pay their high-interest payments to Wells Fargo on a monthly basis.”
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ABOUT BEN CRUMP LAW
Through his work, nationally renowned civil rights and personal injury attorney Ben Crump has spearheaded a legal movement to better protect the rights of marginalized citizens. He has led landscape-changing civil rights cases and represented clients in a wide range of areas including civil rights, personal injury, labor and employment, class actions, and more. Ben Crump Law is dedicated to holding the powerful accountable. For more information, visit bencrump.com.
