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Ramsey County Judge Michael Monahan has ordered Wells Fargo to pay as much as $15 million in interest, fees and costs on top of the $29.9 million it was ordered to pay this year for fraud and breach of fiduciary duty to four Minnesota nonprofits. (See "Wells Fargo verdict may spawn more suits" in the June 14, 2010, issue of Minnesota Lawyer.)

Wells Fargo to pay $15M in fees, costs

Ramsey County Judge Michael Monahan has ordered Wells Fargo to pay as much as $15 million in interest, fees and costs on top of the $29.9 million it was ordered to pay this year for fraud and breach of fiduciary duty to four Minnesota nonprofits. (See "Wells Fargo verdict may spawn more suits" in the June 14, 2010, issue of Minnesota Lawyer.)

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