Wells Fargo Beats Merchant Class Action Over Hidden FeesFebruary 24, 2014 – In The News
Scott L. Vernick, David H. Colvin and Oksana G. Wright were featured in the Law360 article, "Wells Fargo Beats Merchant Class Action Over Hidden Fees." Full text can be found in the February 24, 2014, issue, but a synopsis is noted below.
A federal judge in New York has refused to certify a class of merchants accusing Wells Fargo Bank NA and First Data Merchant Services Corp. of charging them unauthorized fees, ruling the merchants fail to meet the requirements for certification and dismissing the suit.
The defendants are represented by Scott L. Vernick, David H. Colvin and Oksana G. Wright.