author: Dodd
co-authors: Dababneh, Wieckowski, Chiu, Hertzberg
In a massive case of corporate deceit, Wells Fargo was recently fined $185 million for the illegal creation of over 3 million fraudulent consumer accounts. On top of that, corporations like Wells Fargo often force consumers to sign documents promising to forgo their right to go to court when the business commits fraud against them. SB 33 safeguards consumers from this shady practice, particularly the most vulnerable among us — the elderly, working poor, immigrants grappling with a language barrier, and harried students just learning to balance a checkbook. (This bill is now law.)