Comment on Wells Fargo customers won’t be able to sue the bank over fake accounts

Wells Fargo customers won’t be able to sue the bank over fake accounts

By Jonnelle Marte, The Washington Post One major group directly affected by the Wells Fargo scandal — the customers who had fraudulent accounts opened in their names — may have their hands tied. As lawmakers pointed out at congressional hearings Thursday and last week, many Wells Fargo customers are blocked from suing the company because of arbitration clauses, little-known contracts that often ban customers from taking part in class-action lawsuits.

 

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