Case Result

$13.8M

Loan Modification

2019
Libertyville, IL

Case results are sourced directly from attorney websites by Injuria.ai's data infrastructure, which actively monitors 22,000+ personal injury law firms. They are not results obtained by ThatCarHitMe.com. Every case is unique and must be evaluated on its own facts. Prior results do not guarantee a similar outcome. The results shown are not necessarily representative of all results obtained by these firms.

Case Details

Settlement reached with Wells Fargo for 6,000 mortgage holders impacted by a software error that incorrectly denied loan modifications and led to foreclosures.

Additional Notes

The settlement was granted in North Carolina Federal Court. Wells Fargo paid into a settlement fund for 6,000 class members. Attorney fees of $4.56 million and litigation fees of $54,466 were awarded to class counsel. Each class representative received $10,000, and each borrower received a cash payment of $2,300 or $3,800, with a minimum of $100.

More Results from Newland & Newland, LLP

Libertyville, IL
4.80 rating (63 reviews)
10 attorneys
View Firm Profile