Elder Abuse Claim Against Bank Dismissed In Senior’s Suit Over $35,000 Loss

(August 14, 2023, 9:42 AM EDT) -- SAN DIEGO — A California federal judge dismissed claims for financial elder abuse, economic-based negligence and violations of the California Consumer Records Act (CCRA) in a man’s suit alleging that Wells Fargo’s failure to safeguard his bank accounts resulted in unauthorized access that depleted his accounts by approximately $35,000, finding that the allegations related to the dismissed claims were conclusory or insufficiently pleaded....