Mosley
Mosley v. Wells Fargo & Company
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 ALEXANDRIA MOSLEY, et al., Case No. 24-cv-03173-JST
Plaintiffs,
ORDER GRANTING MOTION TO
v. COMPEL ARBITRATION
WELLS FARGO & COMPANY, et al., Re: ECF No. 23 Defendants.
12 Before the Court is Defendants Wells Fargo & Company and Wells Fargo Bank N.A.’s (together, “Wells Fargo”) motion to compel arbitration. ECF No. 23. The Court will grant Wells Fargo’s motion to compel arbitration and stay this case pending completion of Plaintiffs’ individual arbitrations with Wells Fargo. I. BACKGROUND Plaintiffs are 46 individuals residing in California who held accounts with Wells Fargo and allege violations of Regulation E of the Electronic Fund Transfer Act, 12 CFR 1005, et seq., as well as California’s Unfair Competition Law, Business and Professions Code section 17200, et seq. ECF No. 3 ¶¶ 1, 17–62, 128–44. Regulation E outlines specific requirements that financial institutions must follow before charging overdraft fees on one-time…