Attys wants $ 23 million in fees for Wells Fargo auto loan charges lawsuit

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By Katryna Perera (September 23, 2021, 6:51 p.m. EDT) – Lawyers representing a class of Wells Fargo clients who sued certain auto loan charges asked a California federal judge on Wednesday for $ 23.1 million in fees and $ 260,000 in litigation reimbursements for their role in securing a settlement of nearly $ 500 million for consumers.

In their motion, lawyers also requested that the 15 named plaintiffs be paid $ 7,500 as an incentive fee for persevering in a case that has lasted three years.

The settlement was reached in June after consumers initially filed their complaint in 2018. Under the terms of the settlement, Wells Fargo & Co. agreed to reimburse the alleged unearned warranties …

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