Apr 20, 2020

Lawsuits filed in CA against four major banks make allegations about PPP loans



Four similar lawsuits small filed against Chase ,Wells Fargo, Bank of America and U.S. Bank allege that the banks  prioritized small business borrowers who were seeking larger loan amounts under the Paycheck Protection Program in order to generate bigger loan origination fees for the bank instead of processing the applications on a first-come, first-serve basis.





I am not uploading the entire documents for all four cases.

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