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24, 2000, and "Consumer Advocates Want Hearings on Wells Fargo Deal," Associated Press, April 18-19, 2000 (Alaska).
A statement by Mayor Bill de Blasio and Controller Scott Stringer noted that "Currently, Wells Fargo holds contracts with the City to provide banking services, including to operate 'Lock Box' services that hold taxes and fees collected by the City. Back in late March, the bank settled for 0 million a class action lawsuit for having opened fake accounts without customers' knowledge or approval.
Quarles will recuse himself from participating in matters specific to Wells Fargo & Company.
While this action is voluntary and is not legally required, it is being taken to avoid even the potential appearance of a conflict of interest.
Update of October 15, 2012: In Texas, an appeals court on October 12 vacated a sanctions award Wells Fargo Bank Minnesota NA had won against an Austin appraisal district that refused to grant it a property tax break for its pollution control measures, holding the bank didnt follow tax protest procedures.
The case revolves around a former landfill site owned by Wells Fargo that now houses an apartment building and qualified for a pollution control tax break based on the Texas Commission on Environmental Qualitys determination the land has a "positive use"...
Updated December 18, 2017 Inner City Press / Community on the Move (ICP) and its Fair Finance Watch have become increasingly concerned with Wells Fargo's predatory lending, including overseas.