Civil Litigation,
Alternative Dispute Resolution
Dec. 24, 2016
Wells Fargo arbitration denies customers their day in court
If the bank successfully compels arbitration, it will deny its customers their right of access not only to the courts but also to counsel. By Esfand Nafisi
Esfand Y. Nafisi
Migliaccio & Rathod LLPEmail: enafisi@classlawdc.com
Northwestern Univ SOL; Chicago IL
Wells Fargo apologized profusely after revelations that it created more than 2 million phony accounts in its customers' names. The bank said that "we regret and take responsibility for any instances where customers may have received a product that they did not request." Those words may sound nice, but their sincerity - and the bank's promise to take responsibility for its conduct - seem questionable, to put it mildly, now that Wel...
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