WELLS FARGO & CO., ITS EXECUTIVES AND LAWYERS, CONTINUE TO LIE TO ITS BANK CUSTOMERS ABOUT MANDATORY ARBITRATION

FEBRUARY 8, 2018

Prescott Lovern, Sr. (Lovern) is fed up with the continuous lies out of Wells Fargo & Co. (WFC), its Directors, Officers and Lawyers, and Wells Fargo Bank (WFB), via WFB’s illegal arbitration provision, press releases, and perjured testimony.

The proof they are lying is Known as the “effective vindication of statutory rights” rule, whereby the Court declared that waivers of procedural rights that prevent litigants from “effectively . . . vindicat[ing]” their substantive rights are also unenforceable [WFB's arbitration provision]. Mitsubishi, 473 U.S. at 637. [U.S. Supreme Court binding precedent since 1985].

WFC / WFB et al. have had 18 months to correct this but they think they are above the law… NOT MUCH LONGER. WFC Directors, CEO Tim Sloan & General Counsel Allen Parker, continue to sweep this under the carpet.

Wells Fargo & Co. directors, officers & lawyers should be prosecuted and put in prison.

Stay tuned.

 

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