News: Can Wells Fargo Require Customers To Arbitrate Issues Regarding Unauthorized Accounts?

October 5, 2016 · News

Attorney General Of Minnesota Say No, Joining Other Political Figures.

     On October 4, 2016, Adam Betz reported for the Star Tribune that Minnesota’s Attorney General Lori Swanson opposes Wells Fargo’s use of arbitration clauses to require its customers to arbitrate claims concerning unauthorized accounts opened by Wells Fargo.  And the LAT reports that on October 3, Sen. Sherrod Brown (Dem. – Ohio) introduced legislation in Congress to prevent Wells Fargo from invoking arbitration in contracts with customers.

Leave a Reply

Your email address will not be published. Required fields are marked *