Judge Refuses To Phase Discovery In Wells Fargo Discriminatory Lending Suit

Mealey's (October 23, 2020, 2:37 PM EDT) -- SACRAMENTO, Calif. — A federal judge in California on Oct. 9 denied Wells Fargo & Co. and Wells Fargo Bank NA’s motion to phase discovery in a suit brought by the city of Sacramento accusing the lender of engaging in discriminatory lending practices, holding that limiting discovery to loans offered during the limitations period could not provide enough statistical data to support the city’s allegations of disparate impact....