Legal Opinion
Gutierrez v. Wells Fargo Bank, N.A.
District Court, N.D. California
Decided August 10, 2010No. C 07-05923 WHAPublishedCited by 18 opinions
1Opinion of the Court
CLASS ACTION
FINDINGS OF FACT AND CONCLUSIONS OF LAW AFTER BENCH TRIAL
WILLIAM ALSUP, District Judge.
INTRODUCTION
This certified consumer class action challenges hundreds of millions of dollars in overdraft fees imposed on depositors of Wells Fargo Bank, N.A. through allegedly unfair and fraudulent business practices. This order is the decision of the Court following a two-week bench trial.
SUMMARY
Overdraft fees are the second-largest source of revenue for Wells Fargo’s consumer deposits group, the division of the bank dedicated to providing customers with checking accounts, savings accounts, and…
2Cases cited21 opinions
- Watters v. Wachovia Bank, N. A.Supreme Court of the United States · 2007
- Cel-Tech Communications, Inc. v. Los Angeles Cellular Telephone Co.California Supreme Court · 1999
- Bigelow v. RKO Radio Pictures, Inc.Supreme Court of the United States · 1946
- Bank of the West v. Superior CourtCalifornia Supreme Court · 1992
- Korea Supply Co. v. Lockheed Martin Corp.California Supreme Court · 2003
16 more not listed; retrieve them via the Exa API.
3Cited by18 opinions
- In re Checking Account Overdraft LitigationDistrict Court, S.D. Florida · 2011
- Old National Bank v. Steven Kelly, Jon A. Cook, and Rebecca F. Cook, individually and on behalf of others similarly situatedIndiana Court of Appeals · 2015
- Trombley v. National City BankDistrict Court, District of Columbia · 2011
- In re HSBC Bank, USA, N.A., Debit Card Overdraft Fee LitigationDistrict Court, E.D. New York · 2014
- McNeary-Calloway v. JP Morgan Chase Bank, N.A.District Court, N.D. California · 2012
13 more not listed; retrieve them via the Exa API.