Press Play with Madeleine Brand

Wells Fargo Bank Sued by L.A.

California-based Wells Fargo Bank with its folksy stage-coach logo is being accused of highway robbery. Los Angeles City Attorney Mike Feuer filed a lawsuit accusing the bank of employing shady, high-pressure sales tactics - such as opening bogus bank accounts - to juice its sales.

By Madeleine Brand • May 5, 2015 • 1 min read

California-based Wells Fargo Bank with its folksy stage-coach logo is being accused of highway robbery. Los Angeles City Attorney Mike Feuer filed a lawsuit accusing the bank of employing shady, high-pressure sales tactics - such as opening bogus bank accounts - to juice its sales. What are the details of the allegations, and what is Wells Fargo's overall track record when it comes to customer shadiness?

Madeleine Brand
Host, 'Press Play'
Jolie Myers
Managing Producer, 'Press Play'
Matt Holzman
Producer, 'The Document'
Anna Scott
Former KCRW Housing and Homelessness Reporter
Mike Feuer
LA city attorney, candidate in 2022 LA mayoral race
Gretchen Morgenson
New York Times

News

Press Play with Madeleine Brand

Wells Fargo Bank Sued by L.A.

California-based Wells Fargo Bank with its folksy stage-coach logo is being accused of highway robbery. Los Angeles City Attorney Mike Feuer filed a lawsuit accusing the bank of employing shady, high-pressure sales tactics - such as opening bogus bank accounts - to juice its sales.

Share

Press Play with Madeleine Brand

Wells Fargo Bank Sued by L.A.

California-based Wells Fargo Bank with its folksy stage-coach logo is being accused of highway robbery. Los Angeles City Attorney Mike Feuer filed a lawsuit accusing the bank of employing shady, high-pressure sales tactics - such as opening bogus bank accounts - to juice its sales.

Share