Wells Fargo & Company Bank Account Or Service Complaint

Checking account Problems caused by my funds being low

Wells Fargo & Company Bank account or service department,

Checking account Problems caused by my funds being low Maryland

This correspondence is in response to a previous complaint I submitted on -/-/-, Case no : -. There was a response to my complaint by - --Senior Correspondence Specialist in which I think was false and incorrect. My exact complaint was also expressed by another customer in the state of Calirfornia. - VS Wells Fargo.In this case the U.S. Supreme Court declined Wells Fargo 's request to review its - loss at trial, where U.S. District Court Judge - entered a $200.00 - judgment against the bank for manipulating debit card purchases to maximize its overdraft fee revenue in violation of California state law. The -/-/- decision ends the Bank 's efforts to escape judgment. Can someone from your agency explain to me why My complaint ( E-PRESSING THE SAME CONCERNS ) were not considered and or investigated? This agency merely allowed a response. At the time I was not in the mood to go back and forth with Wells Fargo. It is also unfortunate


not so confident in the CFPB as it relates to the ACTUAL Consumer. After receiving the response from wells Fargo back on -/-/-, via CFPB I SUBSEQUENTLY closed all of my accounts and my credit card account because of these frequent charges. I have not had this happen since selecting another bank. These are issues that I raised in - and there is no telling the financial loss I incurred while a consumer of Wells FARGO. My prayer for relief is to have my account reviewed by Wells FARGO and to have all refunds that I am due credited to me. In addition perhaps there is some punitive damages that I am entitled too. I am seeking legal representation as I had been trying to advise your agency of this for 2 years now, only for someone who is financially prepared for legal fees to raise the same claim and have it adjudicated because they have the financial means. PLEASE ADVISE. In case your agency needs a reference to an article that articulates my exact concerns. please see the excerpt below ... In -/-/-, U.S. District Court Judge - issued a 90-page opinion in the case of - v. Wells Fargo Bank finding that Wells Fargo manipulated its processing of customer debit card purchases by its California customers to maximize overdraft fees in violation of California state law. Instead of posting transaction chronologically, Wells Fargo deducted the largest charges first, drawing down available balances more rapidly and triggering a higher volume of overdraft fees. Judge - ordered that Wells Fargo return to its customers approximately $200.00 - in restitution and enjoined the abusive accounting practices. Judge - decision followed two and a half years of extended litigation that culminated in a two-week bench trial which ended in -/-/-. The judgment against Wells Fargo constituted the 4th largest judgment in California in -, and the largest judgment in a class action lawsuit. The case before Judge - was brought on behalf of California Wells Fargo customers who, from -/-/- to -/-/-, incurred overdraft fees on debit card transactions as a result of the bank 's practice of sequencing transactions from highest to lowest. If you are a member of this Class, you do not need to take any action at this time to remain a member of the class. -

Wells Fargo & Company customer in Maryland
Mar 22, 2017

* Source: CFPB Complaint Database

Wells Fargo & Company response to complaint:
Closed with explanation

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