Another day, another class-action lawsuit against Wells Fargo. The latest legal salvo claims the bank headed by Chief Executive Tim Sloan has been ripping off small businesses for years by burying fees and misleading merchants about how much they have to pay for credit card processing services. Wells Fargo’s merchant services unit, a joint venture...
NYS Entity Status
NYS Filing Date
JULY 30, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - MERCHANT PROCESSING OPTIMIZATION SERVICES LLC
Around the Web
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By Kevin Dugan - Tuesday Aug 8, 2017
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By Ashlee Kieler - Friday Aug 11, 2017
The scandals and accusations continue to mount for Wells Fargo. This time, the banking giant is being accused of overcharging small businesses to process credit card transactions.In a potential class action filed earlier this month in a New York federal court, a restaurant owner from Pennsylvania and a North Carolina tour company allege that Wells Fargo’s Merchant Business Services …
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