Justice Catalyst Law is co-counsel on a landmark case alleging that Wells Fargo unlawfully discriminated against DACA recipients by refusing to give them auto loans, regardless of their creditworthiness or ability to otherwise satisfy the bank’s underwriting criteria. In addition, the complaint alleges that Wells Fargo pulled credit reports for the DACA recipients who applied for loans — even though it knew based on its discriminatory policy that it would never give them a loan — an alleged violation of the Fair Credit Reporting Act.
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Justice Catalyst Law and Partners Reached Landmark Settlement in Lending Discrimination Class-Action Cases by DACA Recipients Against Wells Fargo
Wells Fargo Bank will pay up to $19.6 million and change its lending policies as part of settling two class-action lawsuits brought by Deferred Action for Childhood Arrivals (DACA) recipients, represented by JCL, MALDEF, and O&G.