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  1. #1
    Atomic Punk lovemachine97(Version 2)'s Avatar
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    Default Wells Fargo sues...themselves

    I can't believe this hasn't been posted yet, and I did a search.

    Anyways, Wells Fargo has filed a lawsuit where they name themselves as one of the defendants in the lawsuit.

    They have hired one law firm to file the lawsuit against itself, and have hired a completely different firm to defend itself.

    Even better, the defense lawyers have released a statement denying the allegations they are accusing themselves of!



    Al Lewis: Wells Fargo Bank Sues Itself

    You can't expect a bank that is dumb enough to sue itself to know why it is suing itself.

    Yet I could not resist asking Wells Fargo Bank NA why it filed a civil complaint against itself in a mortgage foreclosure case in Hillsborough County, Fla.

    "Due to state foreclosure laws, lenders are obligated to name and notify subordinate lien holders," said Wells Fargo spokesman Kevin Waetke.

    Being a taxpayer-subsidized, too-big-to-fail institution, it's possible that one of the few ways for Wells Fargo & Co. (WFC: 25.6, n.a., n.a.%) to know what it is doing is to notify itself with a court filing.

    In this particular case, Wells Fargo holds the first and second mortgages on a condominium, according to Sarasota, Fla., attorney Dan McKillop, who represents the condo owner.

    As holder of the first, Wells Fargo is suing all other lien holders, including the holder of the second, which is itself.

    "The primary reason is to clear title and ownership interest in a property to prepare it for sale," Waetke said in an email exchange. "So it really is not Wells Fargo vs. Wells Fargo."

    Yet court documents clearly label "Wells Fargo Bank NA" as the plaintiff and "Wells Fargo Bank NA" as a defendant.

    Wells Fargo hired Florida Default Law Group., P.L., of Tampa, Fla., to file the lawsuit against itself.

    And then Wells Fargo hired another Tampa law firm -- Kass, Shuler, Solomon, Spector, Foyle & Singer P.A. -- to defend itself against its own lawsuit, according to court documents.

    Wells Fargo's defense lawyers even filed an answer to their client's own complaint.

    "Defendant admits that it is the owner and holder of a mortgage encumbering the subject real property," the answer reads. "All other allegations of the complaint are denied."

    . . .Wells Fargo's two law firms didn't return messages to explain their filings. . .


    Full story here: http://www.foxbusiness.com/story/mar...go-bank-sues/#

  2. #2
    Good Enough
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    Default

    If I don't come out with my hands up, I'm coming in after me...

  3. #3
    Gird your loins Daisy Hill's Avatar
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    12.14.17 @ 03:06 PM
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    Default

    Wells Fargo...don't get me started. They ought to sue themselves!

    I hope they win and get a huge judgement...that'll teach 'em

    survivor of the Bowling Green Massacre 9-3-2016 BGSU 10 OSU 77

    She was warned. She was given an explanation. Nevertheless, she persisted.

  4. #4
    Atomic Punk edwardv's Avatar
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    Default

    They stole Wachovia with the help of the Fed during the crisis. Pony Express rides again.
    EVH 1979: Well, actually it's not much of a vacation, because we run everything ourselves. We design our own album cover, we have to be in the office every day to sign checks - the whole corporation revolves around us. Nothing can be done without our approval. We even have photo approval.

  5. #5
    Atomic Punk
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    ONLY in America!
    Stay out of it, dude.


    I am Van Halen.

  6. #6
    Atomic Punk LLFHS's Avatar
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    Default

    Quote Originally Posted by E-roc View Post
    If I don't come out with my hands up, I'm coming in after me...
    LowLifeFlatHeadScum

    [sigpic][/sigpic]


    Your Hacked Nude Photo Here!

  7. #7
    Atomic Punk smithjc's Avatar
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    That's crazy! I hope they win.
    RIP - Classic Van Halen

    "A lot of people take Van Halen more seriously than we do." The Diamond One



  8. #8
    Wear the fox hat... Filthy 150's Avatar
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    Default

    Quote Originally Posted by broken9500 View Post


    ONLY in America!
    I was expecting a picture of Cleavon Little with a gun to his head.




    And btw, I bet they settle with themselves.
    And don't think the attorneys will let them off light either.
    "Here's to swimmin' with bow legged women."
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    --------------------------------------------------


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    --------------------------------------------------


    "I think you're all fucked in the head. We're ten hours from the fucking fun park, and you wanna bail out! Well, I'll tell you something, this is no longer a vacation . . . it's a quest! It's a quest for fun! I'm gonna have fun, and you're gonna have fun! We're all gonna have so much fucking fun we'll need plastic surgery to remove our Goddamn smiles! You'll be whistling Zip-a-dee-doo-da out of your assholes! "
    Clark W. Griswold- Food Additive Designer
    ---------------------------------------------------


    VIVA TEXAS LINKERS WEEKEND!
    Round I = Done!
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  9. #9
    Atomic Punk chefcraig's Avatar
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    Default

    "Hold it! Next man makes a move, the ****** gets it!"

    "The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man."
    George Bernard Shaw

  10. #10
    Wear the fox hat... Filthy 150's Avatar
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    Default

    Quote Originally Posted by chefcraig View Post
    "Hold it! Next man makes a move, the ****** gets it!"

    Right on time.

    "Here's to swimmin' with bow legged women."
    Quint- Boat Captain
    --------------------------------------------------


    "As God as my witness...I thought turkeys could fly"
    Arthur Carlson- Radio Station GM
    --------------------------------------------------


    "I think you're all fucked in the head. We're ten hours from the fucking fun park, and you wanna bail out! Well, I'll tell you something, this is no longer a vacation . . . it's a quest! It's a quest for fun! I'm gonna have fun, and you're gonna have fun! We're all gonna have so much fucking fun we'll need plastic surgery to remove our Goddamn smiles! You'll be whistling Zip-a-dee-doo-da out of your assholes! "
    Clark W. Griswold- Food Additive Designer
    ---------------------------------------------------


    VIVA TEXAS LINKERS WEEKEND!
    Round I = Done!
    Round II = Done!
    Round III = Done!
    Round IV = Done!
    Round V = Done!
    Round VI = Done!
    Round VII = Done!
    Round VIII = Done!

  11. #11
    Atomic Punk smithjc's Avatar
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    RIP - Classic Van Halen

    "A lot of people take Van Halen more seriously than we do." The Diamond One



  12. #12
    Atomic Punk
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    Default

    Quote Originally Posted by chefcraig View Post
    "Hold it! Next man makes a move, the ****** gets it!"



    beautiful!
    Stay out of it, dude.


    I am Van Halen.

  13. #13
    Future's in the past....
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    Default

    This kind of reminds me of the commercials for old Coke to suing Coke Zero for stealing their taste.
    11/05/78 Hollywood Sportatorium
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    I've got dreams in hidden places and extra smiles for when I'm blue.

  14. #14
    Atomic Punk LLFHS's Avatar
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    He said "The Sheriff is near"!
    LowLifeFlatHeadScum

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  15. #15
    Top Of The World HissingCobra's Avatar
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    I'm sure the settlement will be a tax writeoff......

 

 

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