MALDEF STATEMENT ON RESOLUTION OF M&T BANK DACA EMPLOYMENT SUIT

NEW YORK – On May 12, 2020, MALDEF (Mexican American Legal Defense and Educational Fund) filed a lawsuit on behalf of an individual job applicant work-authorized through DACA (Deferred Action for Childhood Arrivals), which alleged that the plaintiff was denied employment in M&T Bank Corporation’s Management Development Program because she is not a U.S. citizen or lawful permanent resident.  M&T Bank denied the allegations made by MALDEF and, in fact, strongly believes in diversity and inclusion.  Following productive discussions, this litigation was resolved to the satisfaction of both parties.

Landmark Settlement Reached in Lending Discrimination Class-Action Cases Brought By DACA Recipients Against Wells Fargo

SAN FRANCISCO –  Wells Fargo Bank will pay up to $19.6 million and change its lending policies as part of settling two class-action lawsuits brought by Deferred Action for Childhood Arrivals (DACA) recipients whose applications for a variety of consumer loans and credit cards were allegedly denied by the bank because they were not U.S. citizens or permanent residents, according to court documents filed Tuesday.