Wells Fargo sues JPMorgan, Meyer Chetrit

Wells Fargo sues JPMorgan, Meyer Chetrit over $481M allegedly inflated mortgage
Wells Fargo sued JPMorgan and Meyer Chetrit, alleging the lender and borrower on a national multifamily deal knew a $481 million mortgage was fraudulent.
Wells Fargo Sues JP Morgan Over $481M CMBS Loan Originated in 2019
Wells Fargo filed suit against fellow banking giant J.P. Morgan Chase alleging false financial statements for a $481 million CMBS loan.
Wells Fargo Sues JPMorgan Over Failed $481 Million Property Loan
Wells Fargo & Co. sued JPMorgan Chase & Co. over a defaulted $481 million commercial real estate loan, claiming JPMorgan allowed the loan to move forward despite knowing financial statements distributed to investors were false.
Wells Fargo sues JPMorgan $481M loan
The trustee for a group of investors alleges the debt was based on an inflated historical net operating income.
Wells Fargo Sues JPMorgan Over Failed $481M Real Estate Loan
Wells Fargo & Company WFC has filed a lawsuit against JPMorgan Chase JPM to recover investor losses stemming from a troubled $481-million commercial real estate loan that was based on a fraudulently inflated financial metric.
JPMorgan Chase sued over $481M commercial real estate loan - report
Wells Fargo & Company (WFC) filed a lawsuit against JPMorgan Chase (JPM) in connection with a $481M commercial real estate loan, Reuters reported, citing a complaint in the Manhattan federal court.
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Wells Fargo returns $40,000 to Houston-area couple after FOX 26 report
Wells Fargo has returned $40,000 to the business account for a Houston-area couple who had the money fraudulently transferred ...
Wells Fargo scraps climate-related goals
Originally set in 2021, Wells Fargo's net-zero goals aimed to curb greenhouse gas emissions linked to its financing ...
Wells Fargo drops net zero targets
Wells Fargo & Co has formally abandoned its net zero commitment, marking a major reversal from a key climate objective.
US CFPB drops Zelle case against JPMorgan, BofA, Wells Fargo
The U.S. Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December ...
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Wells Fargo: Using A 5.8% Preferred Stock To Bet On Lower Interest Rates
the net profit was approximately $5.26B of which $5.08B was attributable to Wells Fargo. The income statement above also shows the total cost of the preferred dividends was just $278M, which ...