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News Briefs: LGBTQ legal professionals mobilize to ‘Legalize Drag’ :: Bay Area Reporter

  • June 10, 2023

Legal professionals in the LGBTQI+ community will take the stage at Oasis Saturday, April 29, for “Legalize Drag,” a fundraiser for grassroots organizations in Tennessee. The state recently passed a law banning adult-oriented performances that are harmful to minors from taking place on public property and in the presence of those under 18 years of age.

The law also deems “male and female impersonators” adult cabaret performers. The law was supposed to go into effect April 1 but a federal judge has temporarily blocked it, saying it was likely “vague and overly broad” in its restrictions of speech, as Reuters reported.

Tennessee Governor Bill Lee (R) also signed legislation banning gender-affirming care for trans youth, as the BAR previously reported.

Given those developments, as well as the over 400 other anti-LGBTQ bills facing legislative action across the country, local drag performers and legal professionals Michael Trung Nguyen and Ari Jones decided to organize and host the fundraiser, a news release stated.

Jones, who identifies as nonbinary, performs in drag as Pop Rox. The release stated that they saw the need to raise funds and showcase legal professionals who also perform in drag as a way to fight back against the legislation. Jones is a director at Berkeley-based Oasis Legal Services, which works with queer asylees and other immigrant survivors of trauma, the release stated.

“The criminalization of drag presents a unique hardship for queer legal professionals and others who have to pass background checks and prove a certain moral standard in order to be licensed,” Jones stated. “The idea that I could lose my law license if I lived in another state simply because I dress a certain way or lip synch to a song is a clear violation of the First Amendment to our Constitution.”

The show will also

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Wells Fargo Agrees to Pay $300 Million to Settle With Shareholders Over Auto Insurance Disclosures

  • February 28, 2023

(Reuters) -Wells Fargo & Co agreed to pay $300 million to settle a shareholder lawsuit claiming the bank hid that it had pushed unnecessary insurance on auto loan customers, according to documents filed in U.S. court on Tuesday.

The Construction Laborers Pension Trust for Southern California, which led the class action brought on behalf of investors, said in federal court in San Francisco that Wells Fargo and its former chief executive, Timothy Sloan, had agreed to settle.

The bank did not admit wrongdoing.

The deal requires approval from U.S. Judge James Donato, who is overseeing the case. Trial in the case had been scheduled for Feb. 27.

“While we disagree with the allegations in this case, we are pleased to have resolved this legacy issue,” a Wells Fargo spokesperson said in a statement.

An attorney who represents Sloan did not immediately reply to a request for comment.

Scott Saham of Robbins Geller Rudman & Dowd, the law firm representing Wells Fargo shareholders, said the settlement “is part of remediating the entire spectrum of harm that you get in a complex fraud case.”

The lawsuit stems from one of the San Francisco-based bank’s past scandals over sales practices that resulted in government investigations and fines.

Wells Fargo disclosed in July 2017 that hundreds of thousands of customers had been unnecessarily charged for “collateral protection insurance,” which covers auto lenders when borrowers are uninsured. The bank said it had learned of concerns a year earlier.

Shareholders sued in 2018, alleging Wells Fargo misled them when Sloan said in November 2016 that he was “not aware of any issues” when asked about the bank’s sales practices and culture.

The bank also concealed auto insurance issues from the U.S. Senate Banking Committee in November 2016, the investors alleged.

The lawsuit sought damages for investors

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Wells Fargo agrees to pay $300 mln to settle with shareholders over auto insurance disclosures

  • February 25, 2023

Feb 7 (Reuters) – Wells Fargo & Co (WFC.N) agreed to pay $300 million to settle a shareholder lawsuit claiming the bank hid that it had pushed unnecessary insurance on auto loan customers, according to documents filed in U.S. court on Tuesday.

The Construction Laborers Pension Trust for Southern California, which led the class action brought on behalf of investors, said in federal court in San Francisco that Wells Fargo and its former chief executive, Timothy Sloan, had agreed to settle.

The bank did not admit wrongdoing.

The deal requires approval from U.S. Judge James Donato, who is overseeing the case. Trial in the case had been scheduled for Feb. 27.

“While we disagree with the allegations in this case, we are pleased to have resolved this legacy issue,” a Wells Fargo spokesperson said in a statement.

An attorney who represents Sloan did not immediately reply to a request for comment.

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Scott Saham of Robbins Geller Rudman & Dowd, the law firm representing Wells Fargo shareholders, said the settlement “is part of remediating the entire spectrum of harm that you get in a complex fraud case.”

The lawsuit stems from one of the San Francisco-based bank’s past scandals over sales practices that resulted in government investigations and fines.

Wells Fargo disclosed in July 2017 that hundreds of thousands of customers had been unnecessarily charged for “collateral protection insurance,” which covers auto lenders when borrowers are uninsured. The bank said it had learned of concerns a year earlier.

Shareholders sued in 2018, alleging Wells Fargo misled them when Sloan said in November 2016 that he was “not aware of any issues” when asked about the bank‘s sales practices and culture.

The bank also concealed auto insurance issues from the U.S. Senate Banking Committee in

Read the rest