Comment on Court rejects city's Wells Fargo lawsuit, calls case 'not plausible'

Court rejects city's Wells Fargo lawsuit, calls case 'not plausible'

Claim that lender contributed to "deterioration of inner city" was "not plausible," judge said A federal court judge on Wednesday dismissed Baltimore's landmark lawsuit against Wells Fargo, saying it was "not plausible" that the mortgage giant triggered millions of dollars in damages, as the city claimed, by causing increased foreclosures through racially based, discriminatory lending.

 

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