Wells Fargo Gets Stuffed at the Goal Line by Former Employee

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Anonymous's picture
Anonymous

Wells Fargo Gets Stuffed at the Goal Line by Former Employee in Promissory Note Arbitration http://www.brokeandbroker.com/index.php?a=blog&id=695 Without question, things went terribly wrong here for the former employer Wells Fargo. Not only did Claimant Wells Fargo apparently fumble the ball and lose the case, but, to make matters worse, it was stripped of the ball by a pro se litigant.  Losing to a skilled arbitration lawyer is one thing -- but to lose to an unrepresented former employee...ouch!  Worse, the Arbitration Panel's somewhat snarky comment about the lack of evidence (or even the lack of an argument) by Wells Fargo on behalf of its claimed overpaid commissions suggests that Claimant may have been a tad overconfident about how easy it would be beat Respondent Newman.Wells Fargo Gets Stuffed at the Goal Line by Former Employee in Promissory Note Arbitration http://www.brokeandbroker.com/index.php?a=blog&id=695

BigFirepower's picture
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Joined: 2010-07-09

Bill, you wanna see something really interesting?Check out case 08-02137Wachovia VS StifelClaimant stepped in it big time, and just through FINRA they paid a huge atty fee. I'd also think that their actions in the court of South Carolina might be a huge financial liability? Would love to hear your thoughts on this case. Lies in depositions and false video tape allegations are actually part of my current case.   

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