NV Jury Finds Wells Fargo Committed Fraud, Awards Signature Developers LLC $9.5 Million in Damages

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NV Jury Finds Wells Fargo Committed Fraud, Awards Signature Developers LLC $9.5 Million in Damages

NV Jury Finds Wells Fargo Committed Fraud, Awards Signature Developers LLC $9.5 Million in Damages

Elko Daily-

ELKO — At a time when Nevada is leading the nation in foreclosures for three years running, Signature Developers just avoided adding another piece of property to the list.

In a major victory for the developers of the Riverside Condominiums, an Elko District Court jury found Wednesday that Wells Fargo Bank committed fraud, negligent misrepresentation, breach of written contract and breach of good faith and fair dealing when trying to foreclose on the property.


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