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LA court hits Wells Fargo with $3.5 million penalty in discrimination case

Posted By JON PRIOR On March 24, 2011 A Los Angeles Superior Court jury ruled against Wells Fargo Thursday in a mortgage discrimination case, awarding borrowers $3.5 million. The class-action lawsuit alleged the bank knowingly discriminated against borrowers in minority neighborhoods. As a result, borrowers were charged more for their loans than those in predominately white areas of Los [ More... ]

Calif. jury issues $3.52M verdict against Wells Fargo over discriminatory lending

Amanda Bronstad March 24, 2011 A jury has awarded $3.52 million in damages to a class of Los Angeles homeowners who sued Wells Fargo & Co. for lending discrimination. Leila Noël The class members had alleged that Wells Fargo discriminated in its lending practices so that borrowers in predominantly minority neighborhoods were forced to pay more. On March [ More... ]

Jury Hits Wells Fargo Bank With a $3.5 Million Lending Discrimination Class Action Verdict

LOS ANGELES, CALIF.--After a three-month trial, a Los Angeles Superior Court jury returned a $3,520,000 lending discrimination verdict today against Wells Fargo Bank. (Opal Jones, et. al v. Wells Fargo Bank, N.A., Wells Fargo Home Mortgage, et. al Los Angeles Superior Court, Case No. BC337821) The class action lawsuit alleged the bank consistently and knowingly discriminated against borrowers in minority [ More... ]

Lending Discrimination Class Action Trial Against Wells Fargo Bank Begins in Los Angeles

LOS ANGELES, CALIF. (Nov. 15, 2010)--Jury selection begins this week in Los Angeles Superior Court in a lending discrimination class action against Wells Fargo Bank. Class members are loan customers in minority communities in Los Angeles. Plaintiffs' counsel will be arguing that Wells Fargo consistently and knowingly discriminated against borrowers in minority neighborhoods, resulting in these borrowers paying more for [ More... ]

United Studios of Self Defense Sues Former Executives for Attempted Business Takeover

IRVINE, CALIF. (Oct. 11, 2010)--United Studios of Self Defense (USSD) filed a cross-complaint (October 7, 2010) against six former USSD executives and others, as well as their new company, Z-Ultimate Self Defense Studios, charging them with breach of fiduciary duty, constructive fraud, conspiracy, misappropriation of trade secrets, trademark infringement and breach of written contract related to their attempt to take [ More... ]

By |2020-08-28T10:12:37-07:00October 11th, 2010|Complex Business Litigation|

Cappello & Noël Adds Three Associates – News Release

Cappello & Noël, LLP, one of the country’s foremost complex commercial litigation law firms, has added three associates, according to A. Barry Cappello, managing partner of the Santa Barbara firm. Joining Cappello & Noël are Lawrence J. Conlan, Matthew S. Da Vega and Wendy D. Welkom.

By |2020-08-28T10:13:06-07:00May 12th, 2010|Firm News|

Lender Liability Revisited – ABA Banking Journal

Barry Cappello’s phone has been ringing off the hook these days, and, for bankers, this should be a wakeup call. Cappello is a veteran plaintiff’s attorney with a major-league specialization in lender liability cases. And chances are more than good that Cappello or one of his fellow borrower attorneys could be talking to your customers.

By |2024-09-27T05:16:34-07:00March 13th, 2010|Lender Liability|

Cappello & Noël Makes Generous Contribution to Legal Aid – News Releaseca

Legal Aid Foundation of Santa Barbara County is pleased to announce that it is the recipient of a large, generous cash contribution from Cappello & Noël in the amount of $25,000 toward the Foundation's Annual Year End Appeal for the Campaign for Equal Justice.

By |2020-08-28T10:13:27-07:00December 14th, 2009|Firm News|

A. Barry Cappello Courtroom at UCLA School of Law

UCLA School of Law officially dedicated the A. Barry Cappello Courtroom to honor its alumni, A. Barry Cappello, a nationally respected trial attorney and managing partner of Santa Barbara's Cappello & Noël, LLP. The Cappello Courtroom, located on the UCLA campus, serves as UCLA Law’s primary courtroom where students compete in mock trials, moot courts and simulated trials and gain experience arguing in a realistic courtroom environment.

By |2020-08-28T10:15:24-07:00October 30th, 2009|Firm News|
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