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Real Estate/Development

Dec. 3, 2010

Wells Fargo Lending Trial Begins

Opening arguments were heard Wednesday in a class action lending discrimination case against Wells Fargo Bank, laying the groundwork for a narrowly focused trial featuring big-name lawyers, in which arguments will hinge largely on the role


By Anna Scott


Daily Journal Staff Writer


Opening arguments were heard Wednesday in a class action lending-discrimination case against Wells Fargo Bank, laying the groundwork for a narrowly focused trial featuring big-name lawyers. The arguments hinged largely on the role of internal bank software in pricing home mortgages at 16 branches in Los Angeles County.


The five named plaintiffs in the case are represented by Barry Cappello of Cappello &...

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