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.

MALDEF STATEMENT ON NATIONAL CRISIS AND POLICE ACCOUNTABILITY

LOS ANGELES – Thomas A. Saenz, president and general counsel of MALDEF (Mexican American Legal Defense and Educational Fund), issued the following statement in response to the current national crisis sparked by the murder of George Floyd, and the need for aggressive police reform measures to address the ongoing problem of police violence that disproportionately affects and kills Black Americans: