Wells Fargo Employee Class Action Lawsuit
- by Gavin
What is an Employee Class Action Lawsuit?
The case was handled by the Employee Benefits & Retirement Counseling Association (EPRCA) in Fort Worth, Texas. The claim here is for a violation of the FHA’s regulations regarding workers compensation. This would include an injury that an employee undergoes while at work. There was also a claim that the employer knew about and did nothing to prevent. The class-action suit names John Doe as the injured party.
The facts show that this claim was filed after the defendant, Wells Fargo Bank, repeatedly violated the regulations regarding workers compensation. This violation has led to injuries to the plaintiff’s family. The victim’s wife has also lost her job and is unable to return to work because she is physically impaired.
The next step is for the EPRCA to contact a lawyer to handle the case on her behalf. The lawyers will negotiate the settlement with Wells Fargo. The lawyers will also get a settlement fee from the bank. This is common in these cases. The lawyer is also paid a percentage of the settlement money.
When the case is settled the settlement money also goes to the injured person. The settlement money is split in half so that half goes to the injured person and the other half to the lawyer. The bank is willing to settle because they are also facing a huge loss if the claim gets approved. If the settlement gets approved, it is possible that they could lose more than their whole investment.
Before the settlement can be agreed upon a proof of loss must be shown. In this case the proof has to relate to how much money was lost due to the negligent act or the non-deductible expenses incurred. It is important that all expenses related to the claim are included in the settlement. A certificate of loss should be given to the bank and signed by an officer of Wells Fargo.
Many people may find this case very hard to believe but this is a true story of an employee class action lawsuit. Many people have lost their jobs due to the recession and companies are very worried about claims. They don’t want their reputation to be damaged. It may take many years before the company settles a claim. You may have to wait for quite some time for a resolution.
You can also contact an attorney who specializes in the Wells Fargo employee class action lawsuit if you are unable to win through the court process. You need to have a lawyer on your side to make sure that you get the right compensation. It will cost you some money to hire an attorney but you will be glad with the outcome. You can be confident that your claim will be handled professionally.
Do not give up. There is a lot of work to be done on your claim. There will be a lot of paperwork to be filed and there will be meetings between you and the claim adjuster. But when you do win your case, do not let it fade away.
What is an Employee Class Action Lawsuit? The case was handled by the Employee Benefits & Retirement Counseling Association (EPRCA) in Fort Worth, Texas. The claim here is for a violation of the FHA’s regulations regarding workers compensation. This would include an injury that an employee undergoes while at work. There was also a claim…
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