University of Michigan Law School
Civil Rights Litigation Clearinghouse
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Case Name City of Memphis v. Wells Fargo Bank, N.A. FH-TN-0002
Docket / Court 2:09-cv-02857-STA-cgc ( W.D. Tenn. )
State/Territory Tennessee
Case Type(s) Fair Housing/Lending/Insurance
Attorney Organization Relman, Dane & Colfax
Case Summary
On April 7, 2010, the City of Memphis filed a lawsuit in the United States District Court for the Western District of Tennessee, Western Division under Tennessee state law and the Fair Housing Act against Wells Fargo Bank. Plaintiff, represented by private counsel, asked the court for injunctive, ... read more >
On April 7, 2010, the City of Memphis filed a lawsuit in the United States District Court for the Western District of Tennessee, Western Division under Tennessee state law and the Fair Housing Act against Wells Fargo Bank. Plaintiff, represented by private counsel, asked the court for injunctive, monetary, and declaratory relief, claiming that Defendant's unlawful, irresponsible, unfair, deceptive, and discriminatory lending practices resulted in injuries to Memphis's minority neighborhoods. Two other cases -- Baltimore v. Wells Fargo (FH-MD-0001 in the Clearinghouse) and U.S. v. Wells Fargo (FH-DC-0001 in the Clearinghouse) made essentially equivalent allegations.

Plaintiffs alleged that since 2000, Defendant had engaged in a pattern or practice of targeting African-American neighborhoods in Memphis and Shelby County for deceptive, predatory, or otherwise unfair lending practices.

In 2012, according to newspaper reports, the parties reached a settlement in which Defendant agreed to pay $3 million to the city and county to support economic development and $4.5 million in grants for mortgage down payments and home renovations. Defendant also set a lending goal of $425 million for residents of Memphis and Shelby County over the next five years. This figure includes $125 million earmarked for low and moderate income borrowers. On July 3, 2012, the case was dismissed with prejudice on the plaintiffs' motion; presumably this was part of the settlement.

Gregory Pitt - 07/24/2012
Asma Husain - 01/31/2016


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Issues and Causes of Action
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Issues
Defendant-type
Bank or credit provider
Discrimination-area
Lending
General
Predatory lending
Plaintiff Type
City/County Plaintiff
Causes of Action State law
Fair Housing Act/Fair Housing Amendments Act (FHAA), 42 U.S.C. ยงยง 3601 et seq.
Defendant(s) Wells Fargo Bank
Plaintiff Description City of Memphis and Shelby County
Indexed Lawyer Organizations Relman, Dane & Colfax
Class action status sought No
Class action status granted No
Prevailing Party Plaintiff
Public Int. Lawyer No
Nature of Relief Damages
Injunction / Injunctive-like Settlement
Source of Relief Settlement
Form of Settlement Private Settlement Agreement
Order Duration 2012 - 2017
Case Closing Year 2012
Case Ongoing No
Case Listing FH-MD-0001 : City of Baltimore v. Wells Fargo (D. Md.)
FH-DC-0005 : United States of America v. Wells Fargo Bank (D.D.C.)
Additional Resources
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Links Wells Fargo settlement: An important victory for minority homeowners, communities
http://www.pbs.org
Posted: Jun. 28, 2012
By: Ray Brescia
[ Detail ] [ External Link ]

Docket(s)
2:09−cv−02857 (W.D. Tenn.) 07/27/2012
FH-TN-0002-9000.pdf | Detail
PACER [Public Access to Court Electronic Records]
General Documents
FIRST AMENDED COMPLAINT FOR DECLARATORY AND INJUNCTIVE RELIEF AND DAMAGES 04/07/2010
FH-TN-0002-0001.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
Plaintiffs' Motion to Dismiss With Prejudice 07/03/2012
FH-TN-0002-0002.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
Order Granting Plaintiffs' Motion to Dismiss 07/03/2012 (W.D. Tenn.)
FH-TN-0002-0003.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
Judgment in a Civil Case 07/27/2012 (W.D. Tenn.)
FH-TN-0002-0004.pdf | Detail
Document Source: PACER [Public Access to Court Electronic Records]
Judges Anderson, S. Thomas (W.D. Tenn.) [Magistrate]
FH-TN-0002-0003 | FH-TN-0002-0004 | FH-TN-0002-9000
Claxton, Charmiane G. (W.D. Tenn.) [Magistrate]
FH-TN-0002-9000
Monitors/Masters None on record
Plaintiff's Lawyers Allen, Mark A. (Tennessee)
FH-TN-0002-0002 | FH-TN-0002-9000
Barlow, Steven E (Tennessee)
FH-TN-0002-0001 | FH-TN-0002-0002 | FH-TN-0002-9000
Blower, Bradley Howard (District of Columbia)
FH-TN-0002-0001 | FH-TN-0002-9000
Brewer, Webb A. (Tennessee)
FH-TN-0002-0001 | FH-TN-0002-0002 | FH-TN-0002-9000
Cacace, Megan (District of Columbia)
FH-TN-0002-0002 | FH-TN-0002-9000
Dandridge, Patrick (Tennessee)
FH-TN-0002-0001 | FH-TN-0002-0002 | FH-TN-0002-9000
Davis, Barbaralette G (Tennessee)
FH-TN-0002-0001 | FH-TN-0002-9000
Kuhn, Brian L. (Tennessee)
FH-TN-0002-0001 | FH-TN-0002-9000
Morris, Herman Jr. (Tennessee)
FH-TN-0002-0001 | FH-TN-0002-0002 | FH-TN-0002-9000
Ramchandani, Tara Kolar (District of Columbia)
FH-TN-0002-0002 | FH-TN-0002-9000
Relman, John Peter (District of Columbia)
FH-TN-0002-0001 | FH-TN-0002-0002 | FH-TN-0002-9000
Schlactus, Glenn (District of Columbia)
FH-TN-0002-0001 | FH-TN-0002-0002 | FH-TN-0002-9000
Willis, Craig E. (Tennessee)
FH-TN-0002-0001 | FH-TN-0002-0002 | FH-TN-0002-9000
Defendant's Lawyers Feibelman, Jef (Tennessee)
FH-TN-0002-9000
Hagerman, Jennifer Shorb (Tennessee)
FH-TN-0002-9000
Hletko, Valerie L. (District of Columbia)
FH-TN-0002-9000
Klubes, Benjamin Barnet (District of Columbia)
FH-TN-0002-9000
Sandler, Andrew L. (District of Columbia)
FH-TN-0002-9000
Tucker, Jonice Gray (District of Columbia)
FH-TN-0002-9000
Other Lawyers None on record

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