Fowler, et al. v. Wells Fargo Bank, N.A.,
Case No. 4:17-cv-02092-HSG
United States District Court for the Northern District of California
If you prepaid an FHA-insured loan with Wells Fargo on a day other than the first of the month, the loan was originated beginning June 1, 1996 and ending January 20, 2015, and you paid off the loan during the applicable Limitations Period, then the proposed settlement of a class action lawsuit may affect your rights.
The Notice explains what the class action is about, what the Settlement will be if it is approved by the United States District Court for the Northern District of California (the “Court”), what benefits you may receive under the Settlement, and what to do if you want to (i) object to the Settlement; or (ii) not participate in the Settlement and instead “opt out” of the class action. These rights and options – and the deadlines to exercise them – are explained in the notice.
The Court still has to decide whether to approve the settlement. The relief provided to Settlement Class Members will be provided if the Court approves the settlement and after appeals, if any, are resolved in favor of the settlement. Please be patient.
Your legal rights may be affected whether you act or do not act. Read the notice carefully because it explains decisions you must make and actions you must take now.
|YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT|
|DO NOTHING||You will receive the benefits conferred by the Settlement and will be bound by any orders or judgment relating to the Settlement approved by the Court.|
|EXCLUDE YOURSELF||You will be entitled to no benefits under the Settlement. This is the only choice that will allow you to sue Wells Fargo on your own about the claims discussed in this notice. An exclusion request must be in writing and postmarked on or before November 20, 2018.|
|OBJECT TO THE SETTLEMENT||You can write to the Court about why you do not agree with any aspect of the settlement. An objection must be in writing, filed, and postmarked on or before November 20, 2018.|
|GO TO A HEARING||You can ask to speak to the Court about the “fairness” of the settlement, after you submit your objection. A Notice of Intention to Appear must be in writing, filed, and postmarked on or before November 20, 2018 in addition to submitting a timely objection.|