Skip to Content

City of Philadelphia Files Lawsuit Against Wells Fargo

Posted: May 17, 2017
Practice Areas: Lending Practices & Borrowers’ Rights

On May 15, 2017, the City of Philadelphia filed a federal lawsuit against Wells Fargo in the United States District Court for the Eastern District of Pennsylvania.

The lawsuit alleges that Wells Fargo engaged in racial discrimination in its lending practices that targeted minority borrowers. This violates The Fair Housing Act and damages the City of Philadelphia by lowering property values, reducing tax revenues, and necessitating additional city services. Click here for more information about the allegations against Wells Fargo.

Berger & Montague, P.C.-along with several other law firms-is representing the City of Philadelphia. Our firm recently won a significant victory in a similar case in the Supreme Court of the United States on behalf of the City of Miami.

Berger & Montague's team consists of Sherrie Savett, Sarah Schalman-Bergen, Patrick Madden, and Christina Black. The case is City of Philadelphia v. Wells Fargo & Co. et al.

The lawsuit has generated tremendous public interest and has been featured in the following publications: