SAN FRANCISCO - A federal judge on May 14 reinstated $203 million in restitution under the fraud prong of the California unfair competition law (UCL) to a class of consumers whose debit card transactions a bank processed from highest to lowest, finding the claim outside the Ninth Circuit's preemption ruling (Veronica Gutierrez, et al. v. Wells Fargo Bank NA, No. 07-05923, N.D. Calif.)....(read more)![]()
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