County of Cook, IL v. Wells Fargo & Co.

UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION COUNTY OF COOK, ILLINIOIS, ) ) Plaintiff, ) 14 C 9548 ) vs. ) Judge Gary Feinerman ) WELLS FARGO & CO., WELLS FARGO FINANCIAL, ) INC., WELLS FARGO BANK, N.A., and WELLS ) FARGO “JOHN DOE” CORPS. 1-375, ) ) Defendants. ) MEMORANDUM OPINION AND ORDER County of Cook, Illinois, alleges in this suit that Wells Fargo & Co. and related entities (collectively, “Wells Fargo”) issued predatory subprime mortgage loans to Cook County residents that over the years went into default and drove the mortgaged properties into…