An attorney who has already won a more than $1 billion award in a malpractice case is now hoping to obtain a multi-billion-dollar award against Wells Fargo Bank, N.A.

A class-action lawsuit has been filed against the Sioux Falls, South Dakota-based bank in U.S. District Court for the Central District of California.

The complaint alleges that Wells Fargo’s standard loan documents for adjustable-rate mortgages require it to provide the phone number and title of a “single point of contact."


Source: Mortgage Daily