SAN FRANCISCO - Allegations that a lender marked up vendor fees and misrepresented the charges as permissible satisfy the California unfair competition (UCL) law's injury-in-fact standard, even when the charges fall within market rates, a federal judge held April 25 (Latara Bias, Eric Breaux, and Nan White-Price, et al. v. Wells Fargo & Co. and Wells Fargo Bank N.A., No. 12-664, N.D. Calif.; 2013 U.S. Dist. LEXIS 59530)....(read more)Image may be NSFW.
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