Wells Fargo has been exposed for abusing its customers by opening approximately 2 million accounts and credit cards for depositors who did not ask for them and did not know about them. Wells Fargo employees went so far as to create phony PIN numbers and fake email addresses to enroll customers in online banking services, the Consumer Financial Protection Bureau said. You may have been paying bank fees on accounts you didn't even sign up for. If a credit card was opened without you knowing about it, your credit score could have been affected.
On August 14, 2014, a Missoula County jury awarded our client Kelly Logging, Inc. $17 million in punitive and compensatory damages against Billings-based First Interstate Bank. The jury verdict concluded a 7-day trial before Judge Edward P. McLean. The case was the Kelly family's response to the bank's illegal 2009 "setoff" of $762,000 in the family business's checking account. The bank used that money to pay off one of Kelly Logging's loans with the bank. The loan was current, not due, and had not matured when the bank took the checking account money to pay off the loan. Bill G. Kelly and his wife Frances founded Kelly Logging in the late 1950s.