Fargo

Wells Fargo Accused of Mismanaging Millions from Seminole Tribe Minors’ Trust in High-Stakes Legal Battle

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Miami, FL – In a recent court case, Wells Fargo and its previously associated bank, Wachovia, are facing allegations of defrauding minors from the Seminole Tribe of Florida out of $818 million. The accusations presented at the trial, which commenced on Wednesday, claim the banks engaged in surreptitious fee increases and mismanagement of investments tied to a multibillion-dollar gambling trust. During the opening statements of what is anticipated to be a multi-week trial, testimonies focused on the nature of the financial management provided by Wells Fargo and Wachovia to more than 2,000 underage members of … Read more

$22M Verdict Favoring Former Wells Fargo Director Over Disability Discrimination Claim

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A federal jury has awarded $22.1 million to a former managing director at Wells Fargo Securities, concluding that the bank unlawally dismissed him after he sought disability accommodations. The verdict, handed down on Friday, spotlighted the challenge faced by employees requiring special working conditions due to health issues. The plaintiff, whose specific medical condition necessitates frequent and immediate access to restroom facilities, had preemptively requested to continue working from home as the pandemic restrictions lifted and employees were being called back to the office. This request for accommodation, urgently needed due to his condition, however, … Read more

San Antonio Commemorates Veterans Day with Ceremonies and Citywide Closures; Wells Fargo Settles Bias Case

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San Antonio, Texas — As the city observes Veterans Day with solemn ceremonies and closed city offices, other news including a significant legal settlement, updates from the University of Texas at San Antonio (UTSA), and noteworthy changes at San Antonio Airport, capture local attention. As temperatures in San Antonio flirt with the high 80s, a weak cold front is anticipated later this week, promising cooler weather in the high 70s. Meanwhile, the Atlantic hurricane season, still active until Nov. 30, remains calm with no significant disturbances reported in the Gulf or Caribbean regions. City Hall … Read more

Fargo Man Indicted for Failing to Register as a Sex Offender, Trial Set for December 2024

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FARGO, N.D. — A man has been indicted by a federal grand jury for his failure to comply with sex offender registration laws, according to U.S. Attorney Mac Schneider. The announcement detailed charges against Kyle Dameon Belgarde who reportedly did not update his registry status following a pertinent 2016 federal conviction. Belgarde, whose prior conviction stems from sexual abuse of a minor, had his initial court appearance and arraignment last Wednesday. Under the conditions of his previous conviction, he is mandated to maintain current registration as a sex offender, a stipulation he has failed to … Read more